Global markets remained cautious amid escalating Middle East tensions, with weaker global cues, higher crude prices and a weak Gift Nifty indicating a subdued start. FIIs continued selling, while HCL Technologies' strong AI-led earnings boosted sentiment. Investors will closely track key quarterly results, inflation trends, geopolitical developments and commodity price movements.
Global Market Snapshot (07:00 AM IST)
Western & Asian Indices
| Market / Index | Current Status / Value | Change (%) |
| US Futures | | |
| Nasdaq | Futures | -0.67% |
| Dow Jones | Futures | -0.28% |
| S&P 500 | Futures | -0.30% |
| European Futures | | |
| FTSE 100 | Futures | -0.02% |
| CAC 40 | Futures | -0.48% |
| DAX | Futures | -0.53% |
| Asian Live Markets | | |
| NIKKEI 225 | Live | +0.39% |
| KOSPI | Live | +1.31% |
| TAIEX | Live | -1.27% |
| SSEC (Shanghai) | Live | -0.22% |
| Hang Seng | Live | -0.70% |
| Straits Times Index | Live | -0.64% |
| Australian & Gift Nifty | | |
| ASX 200 | Live | -0.41% |
| Gift Nifty | 24,048.50 | -0.70% |
Institutional Activity (July 13, 2026)
FII / FPI (Cash Market): Net Sell of ₹3,062.27 crores
DII (Cash Market): Net Buy of ₹2,171.70 crores
Commodity & Bond Markets
Live Commodity Price Actions
WTI Crude: $79.47/bbl (+1.70%) — Extended overnight rally over Middle East tensions.
Brent Crude: $84.29/bbl (+1.29%) — Supported by supply risks in the Strait of Hormuz.
Gold: $4,004.25/oz (-0.04%) — Eased slightly following sharp overnight losses.
Silver: $57.45/oz (-0.90%) — Downward trend continues.
Copper: $6.30/lb (+0.33%) — Modest gains highlighting steady industrial demand.
Natural Gas: $2.89/MMBtu (-0.31%) — Trading sideways.
Other Energy: RBOB Gasoline, Dutch TTF Natural Gas, and London Gas Oil trade in positive territory.
Fixed Income & Macro Data
India 10-Year Bond Yield: Ended higher at 6.7309% (vs. previous close of 6.7139%).
RBI G-Sec Auction (July 17): Total target of ₹320 billion, comprising:
6.03% 2029 Bonds: ₹110 billion
6.68% 2033 Bonds: ₹110 billion
7.24% 2055 Bonds: ₹100 billion
India Inflation Data (June):
Corporate Earnings Calendar
Key Quarterly Results Today (July 14, 2026)
Key Corporate Updates
Positive Cues
HCL Technologies: Beat Q1 street estimates with revenue at ₹345.79 billion and net profit at ₹46.24 billion. Declared an interim dividend of ₹12/share. TCV of new deal wins stood at $2.407 billion; advanced AI revenue grew 62.1% YoY (CC) to $171 million. Approved up to ₹35 billion investment for new AI data centres in India (scaling to 50 MW), partnering with Sarvam AI. Maintained FY27 revenue growth guidance at 1–4% (CC) and EBIT margin at 17.5–18.5%.
Grasim Industries: Re-entering green power aggressively. Through Aditya Birla Renewables, it is acquiring 100% of Sole-Nergi Power from Shell Plc at an enterprise value of ₹172 billion.
Welspun Enterprises: Executed a major sub-concession agreement with MSIDC and the Government of Maharashtra for a 6-lane highway corridor project valued at ~₹73 billion.
BEL (Bharat Electronics): Secured fresh defence contracts worth roughly ₹5.72 billion.
Emcure Pharmaceuticals: Increasing strategic biotechnology footprint by acquiring an additional 12.05% stake in Gennova Biopharmaceuticals for ₹2.32 billion.
EMS: Emerged as the Lowest Bidder (L1) for a UP Jal Nigam infrastructure project in Varanasi worth ₹1.06 billion.
PDS Ltd: Inked an apparel-sourcing partnership with a global French supermarket chain; annual FOB value projected to cross $250 million.
SBI Funds Management: Allocated shares worth ₹26.63 billion in its IPO anchor book at ₹574/share to premium funds like GIC Singapore, ADIA, BlackRock, and LIC.
State Bank of India: Successfully raised USD 200 million via senior unsecured Reg-S floating rate notes in international credit markets.
Asian Paints: Initiated price hikes of ~12% to mitigate structural margin compression caused by soaring West Asia-led raw material inflation.
Alembic Pharmaceuticals: Clarified that a USFDA warning letter to a clinical investigator at its COS Bioequivalence Facility carries zero operational restrictions; normal workflow continues.
Route Mobile: Subsidiary Route Connect is acquiring Heltar Technologies’ AI omnichannel division for ₹238.8 million upfront and ₹97.7 million deferred.
LTM: Forged a strategic enterprise partnership with Anthropic to roll out Claude AI solutions for global clients.
Captain Polyplast: Received a fresh manufacturing order valued at ₹236 million.
Hariom Pipe Industries: Extended the stay on its Perundijrai closure order to March 31, 2027; power has been restored and production resumed.
ICICI Prudential AMC: Posted strong June-quarter earnings; operational revenue at ₹15.64 billion and net profit at ₹9.65 billion.
Plastiblends India: Q1 revenue stood at ₹2.22 billion with a net profit of ₹149.5 million.
Khaitan Chemicals & Fertilizers: Q1 revenue hit ₹2.21 billion with continuing operations profit at ₹109.1 million.
Butterfly Gandhimathi: Granted a legal patent for its "Improvised Safety Knob for Gas Cooktops."
Prima: Expanded retail footprint across the US by scaling its grass-fed beef tallow protein bars into nearly 500 Kroger stores.
Indo National: Invested ₹7.5 million in MedCuore Medical Solutions.
SPARC: Appointed Anil Raghavan as Managing Director and CEO, effective August 11, 2026.
Trejo Engineering: Approved leadership continuity with Manoj Joseph reappointed as MD (5 years) and V.A. George as Executive Chairman (3 years).
Negative Cues
HP India: The Competition Commission of India (CCI) slapped a penalty of ₹1.27 billion on HP India and select resellers over anti-competitive distribution arrangements for personal system lines.
Biocon: Facetime for equity overhang as major shareholder Mylan prepares to offload up to $363 million worth of shares via a block deal.
Neutral / Fund-Raising Cues
Poonawalla Fincorp: Board cleared private placement of Non-Convertible Debentures (NCDs) up to ₹5 billion (₹2.5B base + ₹2.5B greenshoe).
Happiest Minds Technologies: Stated it cannot comment on speculative media reports linking ITC Infotech to a majority stake acquisition, noting that exploring corporate alternatives is standard business procedure.
Board Meetings to Consider Fund Raising:
Aurum PropTech (July 16) — Equity or structural securities.
Beryl Securities — Preferential allotment of shares.
Geetanjali Credit & Capital — Issuance of capital securities.
Indo Thai Securities — Issuance of Non-Convertible Debentures (NCDs).
Sarda Energy & Minerals — Seeking generalized shareholder nod for capital options.
Oriental Trimex: Welcomed Gunasekaran A as the incoming Chief Financial Officer.
Deal & Market Structures
Bulk & Block Deals (July 13, 2026)
| Target Company | Transacting Party (Seller) | Buyer | Volume (Shares) | Stake (%) | Value | Price / Share |
| Jana Small Finance Bank | QRG Investments & Holdings | Monet Securities | 10.77 Lakh | 1.02% | ₹52.6 Cr | ₹488.30 |
| Fino Payments Bank | Agreya Capital Advisors LLP | Open Market | 5.76 Lakh | 0.69% | ₹8.89 Cr | ₹154.20 |
| Denis Chem Lab | V-S Holding BV | Open Market | 1.00 Lakh | 0.72% | ₹72.4 L | ₹72.40 |
Primary Market (IPOs)
Corporate Action & Derivatives Controls (July 14, 2026)
Ex-Dividend Calendar
The following equities trade ex-dividend today:
Aditya Birla Real Estate Ltd
Aeroflex Industries Ltd
Bimetal Bearings Ltd
Hester Biosciences Ltd
India Motor Parts & Accessories Ltd
Khaitan Chemicals & Fertilizers Ltd
Modison Ltd
Samvardhana Motherson International Ltd
Motherson Sumi Wiring India Ltd
PIX Transmissions Ltd
Supreme Petrochem Ltd
Ultramarine & Pigments Ltd
UTI Asset Management Company Ltd
F&O Ban List
Global Macro & Regulatory Overview
Geopolitics & Shipping Trends: U.S.-Iran skirmishes in the Gulf have caused shipping volumes in the Strait of Hormuz to hit a 2-month low. The UN shipping agency clarified that mandatory transit fees on international straits lack legal frameworks and is reviewing U.S. cargo-tariff models.
Global Electronics Supply: Worldwide Q2 smartphone shipments plummeted to a 13-year low due to severe upstream memory chip supply constraints.
Indian Regulatory Orders:
The Central Government asked the courts to reject Adani Airports' challenge against retail restrictions on nicotine pouches, citing public health issues.
SEBI cleared an adjudication decree against Excel Technovation Pvt Ltd for illicit activity in illiquid stock options.
The RBI slapped monetary fines on five cooperative banks—Surat People's Co-operative, Ashok Sahakari, Sambalpur District, Nawada Central, and Chikhli Urban—for regulatory breaches.
International Macro: Bangladesh's interim framework indicated that former PM Sheikh Hasina risks prison time upon repatriation. Meanwhile, the EU is building frameworks to implement tighter social media age barriers for youth safety.
Sources: WOWNEWS24X7, Moneycontrol, Investing.com.
