Global markets traded cautiously with US, European and most Asian indices in the red, while Gift Nifty indicated a weak start. Despite the global risk-off mood, FIIs and DIIs remained net buyers. Crude oil rallied nearly 4%, earnings season gathered pace with several key companies reporting strong updates, and corporate activity remained robust with order wins, fundraising plans, regulatory developments and IPO-related announcements dominating market action.
Global Market Snapshot
Global indices show a mixed to soft posture this morning. While US and European futures trade in the red, major Asian markets are nursing deep losses, with the exception of Taiwan's TAIEX.
Global Market Futures & Live Indices
| Market / Index | Current Value / Change | Status / Sentiment |
| Gift Nifty | 24,098.00 (-0.42%) | Pre-market Indicator (Negative) |
| US Futures | | |
| Nasdaq | -0.67% | Bearish |
| Dow Jones | -0.28% | Bearish |
| S&P 500 | -0.30% | Bearish |
| European Futures | | |
| FTSE 100 | -0.02% | Flat-to-Negative |
| CAC 40 | -0.48% | Bearish |
| DAX | -0.53% | Bearish |
| Asian Live Markets | | |
| NIKKEI 225 | -0.95% | Bearish |
| KOSPI | -2.69% | Highly Bearish |
| TAIEX | +1.59% | Bullish |
| Straits Times Index | -0.14% | Marginal Loss |
| ASX 200 | -0.08% | Flat-to-Negative |
Institutional Trading Activity (FII & DII)
Cash Market Segment (July 10, 2026)
Foreign Institutional Investors (FIIs / FPIs): Net Buy of ₹2,603.72 crores
Domestic Institutional Investors (DIIs): Net Buy of ₹2,019.68 crores
Earnings Calendar: July 13, 2026
The corporate earnings season picks up pace today with several large-cap and mid-cap companies scheduled to report their Q1 FY27 financial results:
HCL Technologies
ICICI Prudential Asset Management Company
Bajaj Consumer Care
Nuvoco Vistas Corporation
Leapfrog Engineering Services
Plastiblends India
Simbhaoli Sugars
Vivo Bio Tech
Commodity Market Updates (Live)
Energy counters experienced a sharp rally on improved market sentiment, while precious and industrial metals faced profit-booking pressures.
Crude Oil & Gas: WTI Crude surged 3.96% to $74.24/bbl; Brent Crude gained 3.92% to $78.99/bbl. London Gas Oil climbed 4.11%, RBOB Gasoline advanced 2.32%, and Dutch TTF Natural Gas rose 1.32%. US Natural Gas slipped 0.78%.
Precious & Base Metals: Gold fell 0.75% to $4,082.70, while Spot Gold (XAU/USD) declined 1.13% to $4,074.56. Silver fell 1.73% and Copper eased 0.71%.
Top Corporate News & Updates
🟢 Positive Catalysts
Avenue Supermarts (D-Mart): Reported robust Q1 FY27 YoY numbers. Consolidated net profit rose 11.3% to ₹860.4 crore, driven by a 14.9% revenue growth to ₹18,794.5 crore. EBITDA increased 15.4% with margins ticking up marginally to 7.97%.
LTM (Consolidated Q1 FY27 YoY): Net Profit jumped 17.05% to ₹1,468.6 crore (vs ₹1,254.6 crore). Revenue increased 17.96% to ₹11,608 crore, and EBIT zoomed 27.9% to ₹1,799.3 crore.
L&T Finance: Posted Q1 consolidated revenue from operations at ₹52.13 billion and a consolidated net profit of ₹9.02 billion.
Adani Green Energy: Strong performance in Q1 FY27 with energy sales reaching 13.7 billion units. Total operational renewable energy capacity scaled up to 20,142 MW.
Reliance Infrastructure: Insolvency proceedings against Mumbai Metro One Pvt. Ltd. (MMOPL) have been withdrawn following a successful debt restructuring with the National Asset Reconstruction Company, reducing MMOPL's debt burden by over ₹11 billion.
JSW Energy: Bagged Battery Energy Storage System (BESS) and Power Conversion System orders worth ₹4.44 billion from Bondada Renewable Energy.
Sterlite Technologies: Secured a definitive legal victory in Europe after the European Patent Office revoked Fujikura's patent (EP 3796060) in a final, non-appealable ruling.
Visaka Industries: Awarded ₹687.3 million by an arbitral tribunal, subsequently upheld by the Supreme Court. The inflow will boost the company's financial metrics.
Fino Payments Bank: Registered a stellar 253% YoY growth in credit disbursals during June 2026, driven by distribution-led lending.
Innovision: Secured a substantial order pipeline valuation of ₹1.43 billion, ensuring strong revenue visibility.
Power Grid Corporation of India: Confirmed as the successful bidder for the Krishnagiri Renewable Energy Zone Phase-I Transmission Project.
Power Finance Corporation: Priced a US$300 million floating-rate note issuance due in 2029 under its existing US$8 billion Global Medium Term Note Programme.
Ajmera Realty & Infra India: Inked a deal to divest its stake in Ultra Tech Property Developers for a consideration of ₹17.3 million.
Meta Infotech: Nabbed aggregate orders worth ₹75.8 million, including a ₹20 million FMCG renewal contract for FY27.
Simbhaoli Sugars: Central Pollution Control Board conditionally revoked the closure order for its Simbhaoli Distillery unit (Hapur) on July 9, 2026.
Powerica: Won a 50 MW wind power project bid from GUVNL at a tariff of ₹3.51 per unit.
GP Petroleums: Subsidiary Amron Oil Resources chosen by IOCL as the operating partner for the Pipavav Bitumen Cell.
Dynamic Services & Security / Oriental Rail Infrastructure: Secured new project orders worth ₹7.2 million and ₹16.2 million respectively.
PNGS Gargi Fashion Jewellery: Q1 FY27 revenue grew 11.61% YoY to ₹304.8 million.
Precision Wires India: Received the factory licence for its Valsad operational facility.
Tahmar Enterprises: Formally expanded its operational footprint into the renewable energy segment.
🔴 Negative Catalysts
Keystone Realtors: Q1 FY27 pre-sales experienced a sharp 42% YoY decline to ₹6.17 billion, though revenue collections rose 4% to ₹5.99 billion.
Tata Steel: Dutch unit Tata Steel IJmuiden is facing prosecution by Dutch authorities over suspected criminal environmental offences regarding alleged undercooked coke emissions and reporting delays. Management considers the allegations unjustified.
Swiggy: Received a prohibition order from the FSSAI regarding its platform application "Toing". The food-tech major clarified that no financial penalties were levied, a modified FSSAI licence was obtained on July 9, 2026, and operations remain unaffected.
Ashoka Buildcon: Agreed to pay a settlement sum of ₹10.4 million to the National Highways Authority of India (NHAI).
Tahmar Enterprises: Contesting an ongoing regulatory demand notice under the Hn Act.
🟡 Neutral / Corporate Administration Updates
Bank of Baroda: Kept its Marginal Cost of Funds-Based Lending Rate (MCLR) completely unchanged across all loan tenors.
Brigade Enterprises / Continental Controls: Board meetings scheduled to evaluate potential capital raises via security issuances and rights issues respectively.
IndiGo: Received a formal warning letter from the DGCA regarding cargo spillage and procedural deviations under dangerous-goods guidelines. No operational or financial penalties were assessed.
NMDC: Revised prices effective July 10, 2026: Baila Lump Ore fixed at ₹5,450/tonne and Baila Fines at ₹4,700/tonne.
NSE Indices: Officially launched the new Nifty500 Ahimsa Index.
Rotographics India: Board approved a stock subdivision/split of 1 existing equity share into 5 equity shares.
Vikran Engineering: Approved a promoter equity contribution of up to ₹1.60 billion and corporate guarantees worth up to ₹34 billion for its wholly owned subsidiaries.
JSW Infrastructure: Incorporated a new subsidiary entity named JSW Kolkata Outer Harbour Container Terminal.
Lemon Tree Hotels: Terminated its hotel operating partnership agreement for the Lemon Tree Hotel located in Hubli.
CFO / Leadership Changes:
Indus Towers: Appointed Abhishek Maheshwari as CFO.
CJFlex: Appointed Arun Kumar Sharma as CFO.
Esquire Money Guarantees: Peeyush Sethia resigned; Manoj Chander Pandey appointed as CFO.
Western Overseas Study Abroad: Appointed Ruchika Ohri as CFO.
Jolly Plastic Industries: Appointed Atul Kumar Agarwal as Chairperson.
Bulk & Block Deals Insights
Ethos: Quant Mutual Fund acquired a 2.6% stake (7 lakh shares) for ₹175 crore at an average price of ₹2,500/share. The stake was offloaded by UK-based Jupiter Fund Management via two schemes.
Kalyan Jewellers India: BofA Securities Europe SA picked up an 0.79% stake (81.82 lakh shares) via a bulk deal valued at ₹385.33 crore at an average price of ₹470.95/share.
Solara Active Pharma Sciences: TPG Growth IV SF Pte trimmed its stake by selling 3 lakh shares (0.62%) for ₹17.19 crore at ₹573.20/share.
Ortin Global: Venture capital firm Wave Capital offloaded 50,000 shares (0.61%) for ₹8.12 lakh at ₹16.24/share.
Macroeconomic & Global Trends
Banking Credit Growth: RBI data shows Indian banking system deposits expanded 13.3% YoY, while bank advances/loans surged 18.6% YoY for the fortnight ending June 30, 2026.
Forex & Gold Reserves: India's forex kitty grew significantly to US$674.19 billion as of July 3, 2026 (up from US$666.93 billion). Gold reserves concurrently scaled up to US$105.21 billion (vs US$102.54 billion).
Government Borrowing:
Treasury Bills: Centre to auction ₹240 billion of T-Bills on July 15, 2026 (comprising ₹90B of 91-day, ₹80B of 182-day, and ₹70B of 364-day bills).
State Development Loans (SDL): Nine states set to raise an aggregate ₹248 billion via bond issuances on July 14, 2026.
RBI Liquidity: Central government had nil outstanding loans under WMA with the RBI as of July 3, 2026.
Bond Yields: India’s 10-year benchmark government bond yield closed softer at 6.7139% against its previous close of 6.7517%.
IFSC GIFT City: The government has lifted licensing mandates for units chartering foreign vessels targeted for EXIM and international maritime operations.
Zetwerk Manufacturing: SEBI has granted green-light approval for the manufacturing firm's confidential IPO pre-filing.
Russia-India Oil Logistics: Maritime freight rates for Urals crude shipping to domestic ports softened on the back of higher global tanker availability.
Global Regulation: The United Kingdom announced intentions to regulate hyperscale cloud providers (including Microsoft and Google) to safeguard broader financial system stability.
Primary Market (IPO) Tracker
🗓️ Ongoing IPOs (Closing Today: July 13)
🗓️ Upcoming IPOs (July 14 – July 16)
Corporate Actions & F&O Ban
Ex-Date: July 13, 2026
Ex-Dividend: Bhansali Engineering Polymers Ltd, Ingersoll Rand (India) Ltd, Mahindra & Mahindra Financial Services Ltd, Super Sales India Ltd, Xpro India Ltd.
Ex-Interest Payment: 726GS2029 (Government Security).
F&O Ban List Today
Disclaimer/Source: Data compiled from WOWNEWS24X7, Moneycontrol, and Investing.com.
Market setups are dynamic; verify with registered advisors before execution.
