Global markets traded cautiously as sharp declines across Asian equities, weak commodity prices and continued FII selling weighed on sentiment. Investors now await a crucial earnings day featuring L&T, HUL, Suzlon and Varun Beverages. Corporate developments remained mixed, with strong earnings from Tata Power, BEL and Indus Towers offset by weak results from Coal India, Tata Chemicals and Tejas Networks.
Global Market Futures (As of 06:45 AM IST)
| Market Region | Index | Value / Change |
| US Futures | Nasdaq | -0.72% |
| Dow Jones | -0.20% |
| S&P 500 | -0.28% |
| European Futures | FTSE 100 | -0.27% |
| CAC 40 | -0.50% |
| DAX | -0.20% |
| Asian Live Markets | Nikkei 225 | -4.22% |
| KOSPI | -8.04% |
| TAIEX | -4.12% |
| Straits Times Index | -0.44% |
| Australia | ASX 200 | -0.30% |
| India Local Indicator | Gift Nifty | 23,987.50 (-0.04%) |
Institutional Trading Activity (Cash Segment - July 27, 2026)
Foreign Institutional Investors (FIIs / FPIs): Net SELL of ₹1,688.23 Crores
Domestic Institutional Investors (DIIs): Net BUY of ₹2,329.14 Crores
Commodities Update (Live)
Broad-based weakness swept through international commodities during early trade, led by significant declines in silver and WTI crude:
Precious Metals:
Gold: Down 0.52% to $4,055.85 / oz (Spot XAU/USD down 0.53% to $4,055.38)
Silver: Down 1.78% to $57.665 / oz
Industrial Metals:
Energy:
WTI Crude: Down 1.05% to $81.74 / bbl
Brent Crude: Down 0.21% to $85.20 / bbl
Natural Gas: Down 0.25% to $2.765
Q1 Results Calendar Today
Key major companies scheduled to announce earnings today include:
Larsen & Toubro, Hindustan Unilever, Ambuja Cements, Tata Capital, Cholamandalam Investment and Finance Company, City Union Bank, DCM Shriram, Equitas Small Finance Bank, Pfizer, Phoenix Mills, Pine Labs, Radico Khaitan, Supreme Industries, Suzlon Energy, Varun Beverages, and VST Industries.
Key Corporate Developments
Positive News Flow
TVS Motor Company: Acquired an additional 4.39% stake in TVS Credit Services for ₹7.11 Billion, boosting total ownership in its financial services arm.
Q1 FY27 Financial Highlights:
Happiest Minds Technologies: Revenue ₹6.29 Billion | Net Profit ₹676 Million
Everest Industries: Revenue ₹4.36 Billion | Net Profit ₹1.02 Billion
Capri Global Capital: Revenue ₹15.76 Billion | Net Profit ₹3.53 Billion
Indus Towers: Revenue ₹84.31 Billion | Net Profit ₹17.46 Billion
Aeroflex Industries: Revenue ₹1.45 Billion | Net Profit ₹187.9 Million
Supreme Petrochem: Revenue ₹17.15 Billion | Net Profit ₹2.37 Billion
Gallantt Ispat: Revenue ₹11.46 Billion | Net Profit ₹1.24 Billion (Appointed Amit Jalan as CFO)
CCL Products India: Revenue ₹12.00 Billion | Net Profit ₹1.17 Billion
Tilaknagar Industries: Revenue ₹22.52 Billion | Net Profit ₹315.9 Million
Wheels India: Revenue ₹14.91 Billion | Net Profit ₹383.1 Million
IFB Agro Industries: Revenue ₹5.21 Billion | Net Profit ₹203.5 Million
Balaji Amines: Revenue ₹4.56 Billion | Net Profit ₹749.4 Million
JK Paper: Revenue ₹19.99 Billion | Net Profit ₹1.30 Billion
Home First Finance Company: Revenue ₹5.38 Billion | PAT ₹1.60 Billion
Usha Martin: Revenue ₹10.33 Billion | Net Profit ₹1.42 Billion
Tata Power: Revenue ₹190.51 Billion | Net Profit ₹11.76 Billion
Northern Arc Capital: Revenue ₹7.80 Billion | Net Profit ₹1.14 Billion
Bharat Electronics (BEL): Revenue ₹55.47 Billion | Net Profit ₹10.54 Billion
Kanpur Plastipack: Net Sales ₹2.04 Billion | Net Profit ₹116.8 Million
Gravita India: Revenue ₹14.75 Billion | Net Profit ₹1.06 Billion
Order Wins & Contracts:
Highway Infrastructure: Won an order worth ₹286.9 Million.
Waaree Renewable Technologies: Signed an EPC agreement for a solar PV project with BESS in New Zealand.
Vision Infra Equipment Solutions: Secured an order worth ₹90.5 Million.
Forvia: Secured a seating programme that requires building a new seat assembly manufacturing plant in India.
Manglam Infra & Engineering: Secured a contract worth ₹65.1 Million.
Strategic Partnerships & Expansion:
Wipro: Expanded its Databricks partnership for data platform modernization and AI adoption.
Zaggle Prepaid Ocean Services: Executed a commercial agreement with Daimler India Commercial Vehicles.
IndiaMART InterMESH: Subscribed to preference shares of Fleetx valued at ₹649.9 Million.
Monika Alcobev: Partnered with Angostura to bring the Caribbean brand to India.
Emkay Global Financial Services: Approved forming a wholly owned subsidiary dedicated to its wealth management arm.
Regulatory & Ratings:
Negative News Flow
Bank of Baroda: Reported a cybersecurity breach on an employee email account. Core banking systems remained uncompromised; forensic audit initiated.
Tata Motors Passenger Vehicles: Sanand plants in Gujarat faced temporary disruption due to heavy rainfall and severe flooding.
Earnings & Performance Slumps:
Coal India: Q1 Revenue ₹462.55 Billion | Net Profit ₹88.52 Billion (Missed market estimates of ₹99.43 Billion due to higher costs and lower volumes; declared dividend of ₹5.50/share).
Godfrey Phillips India: Net profit plummeted 44.3% to ₹198.4 Crores (vs ₹356.3 Crores); Revenue dropped 18.9% to ₹1,205.5 Crores.
Tata Chemicals: Net Loss of ₹170 Million on Revenue of ₹42.55 Billion.
Tejas Networks: Net Loss of ₹2.02 Billion on Revenue of ₹4.02 Billion.
Shiva Cement: Net Loss of ₹213.5 Million on Revenue of ₹1.51 Billion.
Sagar Cements: Net Loss of ₹28.9 Million on Revenue of ₹4.72 Billion.
Corporate Actions & Restructuring:
Jayant Infratech: Terminated its business-transfer pact with Jayant Infraprojects and cancelled its proposed preferential issue.
Duke Offshore: CFO Venkatesham Gangadhar Busa and MD Avik George Duke resigned.
NITCO: Paid an environmental penalty of ₹1.4 Million.
Neutral Corporate Developments
Adani Energy Solutions: Launched its QIP on July 27, 2026, setting a floor price of ₹1,698.15 / share.
IndiGo: Appointed Kiran Thadimarri as CFO starting July 28, 2026; former CFO Gaurav Negi transitioned to Adviser to MD.
Titan Company: Vice-Chairman Noel N. Tata will retire in November 2026.
Tata Power: Issued Non-Convertible Debentures (NCDs) worth ₹45 Billion.
Pfizer: CFO Amit Agarwal tendered his resignation, effective October 8, 2026.
HDFC Bank: Completed an internal review regarding MSRDC practices—concluded misconduct was business overreach rather than fraud. Issued warning letters and fined 3 senior officers ₹100,000 each.
Haldia Petrochemicals: Independent investigators cleared its naphtha pipeline of cause in the June fire incident.
Remsons Industries: Reopened manufacturing at Daman plants; Pardi facility remains paused due to a power outage.
Management & Capital Board Actions: Hubtown (Fundraise under review), Union Bank of India (Forex debt issuance under MTN framework), Oswal Agro Mills (Appointed Vikas R. Sharma as CFO), The Byke Hospitality (Reappointed Chairman/MD Anil Patodia), Amarjothi Spinning Mills (Reappointed MD R. Premchander).
Macro Economy, Policy & Foreign News
Primary Market Track (IPO Activities)
Ongoing IPOs:
Silverstorm Parks And Resorts Ltd (BSE SME) – Closing on July 28, 2026
Propshop Events and Exhibitions Ltd (NSE SME) – Closing on July 29, 2026
Pooja Precision Engg Ltd (BSE SME) – Closing on July 30, 2026
Upcoming IPOs:
Manipal Health Enterprises Ltd (Mainboard) – Open from July 29 to July 31, 2026
H.R. Hygiene Products Ltd (BSE SME) – Open from July 29 to July 31, 2026
Oneindig Technologies Ltd (BSE SME) – Open from July 30 to August 03, 2026
Fusion Klassroom Edutech Ltd (BSE SME) – Open from July 31 to August 04, 2026
IPO Listings Today:
Corporate Actions Calendar (July 28, 2026)
Ex-Dividend: Dollar Industries, EIH Associated Hotels, GMM Pfaudler, Godrej Properties, Greaves Cotton, Menon Pistons, Permanent Magnets, Resonance Specialities, Solar Industries India, SRF Ltd.
Ex-Bonus: Hardwyn India Ltd (2:5 ratio)
Ex-Income Distribution: IRB InvIT Fund
F&O Ban List: NIL
Sources: WOWNEWS24X7, Moneycontrol, Investing.com
