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Full issue · 2026-07-10

Market Pulse: 10 July 2026 - Pre-Market Update

Market Pulse - Friday, 10 July, 2026
Nifty 23,962.8 (+0.34%) • FII Sold ₹438 Cr
Market Pulse Friday, 10 July, 2026
Market Snapshot
📊
Nifty 50
23,962.8
+0.34%
📈
Sensex
76,741.82
+0.31%
🏦
Bank Nifty
57,252.45
+0.90%

The Indian stock markets saw a modest rise, with Nifty 50 and Sensex climbing slightly, supported by strong domestic institutional buying despite foreign investor selling. The banking sector outperformed, driven by positive sentiment from the Bank Nifty's performance. Global geopolitical tensions, particularly the US-Iran conflict, have heightened concerns around energy supply, impacting energy and infrastructure stocks negatively. Additionally, the Reserve Bank of India's reiterated stance against cryptocurrencies added pressure on banking and fintech sectors.

The Big Story
📰 FEATURED

India To Prevent Banks From Owning Crypto

BankingIT

Investors should monitor banking stocks for potential regulatory impacts.

WHY IT MATTERS
Ban on banks owning crypto could limit fintech innovation and affect banking sector sentiment.
Quick Takes
india macro • negative
India’s Central Bank Renews Push to Keep Crypto Out of the Financial System
Banking and fintech stocks may face headwinds; monitor regulatory developments.
Read full report →
india macro • negative
India central bank backs crypto ban, tax department warns of evasion risks, documents show
Caution advised for investors in crypto-exposed sectors.
Read full report →
global macro • negative
Fed minutes expose deep divide over interest-rate outlook
Prepare for potential market volatility; monitor US Fed announcements closely.
Read full report →
global macro • negative
US strikes Iran's Chabahar Port: Why the attack has put India on high alert
Heightened geopolitical risk may pressure energy and infrastructure sectors.
Read full report →
india macro • positive
India’s $100 Billion Grid Bet Is Accelerating A Solar Manufacturing Boom
Consider increased exposure to Indian renewable energy and infrastructure sectors.
Read full report →
global macro • negative
Iran War News Live: US denies role in fresh Bushehr strike, supreme leader Khamenei laid to rest
Monitor oil prices closely; energy stocks may face pressure.
Read full report →
FII / DII Activity
FII/FPI
Sold
₹438 Cr
DII
Bought
₹1,183 Cr

FIIs sold ₹438 Cr, DIIs bought ₹1,183 Cr today.

Market Breadth

Advances: 948 · Declines: 767 · A/D Ratio: 1.24

Broad-based rally with strong market participation

Sector Performance
Realty
+3.5%
Media
+2.1%
PSU Bank
+1.6%
Bank
+0.9%
Pharma
+0.9%
Infra
+0.8%
FMCG
+0.8%
Fin Services
+0.6%
Energy
+0.4%
Metal
+0.3%
Auto
-0.2%
IT
-0.3%

Realty, Media led gains while Auto, IT underperformed. Cyclicals leading indicates risk-on appetite.

Technical Levels
Nifty 50
Support 24,017 / 24,072
Resistance 24,143 / 24,324
Bank Nifty
Support 57,253
Resistance 57,797

Nifty is in sideways trend. Trading below 200 DMA suggests caution.

Global Cues

 |  S&P Futures: +0.68%

US futures positive (S&P +0.68%).

Commodities & Forex
Gold
₹1,45,350
+0.03%
Silver
₹2,26,450
+0.03%
USD/INR
Rs 95.37/USD
-0.01%
Macro / Economic Events
📌 5 earnings results expected
📌 US Fed Interest Rate Decision
Looking Ahead
👀 US Fed Interest Rate Decision
Corporate Actions
TCS
Market LIVE: GIFT Nifty rises 100 pts; TCS in focus post Q1 result; Kospi jumps 5%
SBI
to sell 1.42% stake in SBI Funds for Rs 1,655 crore before IPO
HDFC Bank
Q1 results date: Private lender to announce June quarter earnings on 18 July
Earnings Calendar
Indian Bank
10 Jul
L&T Finance
10 Jul
Bank of Maharashtra
10 Jul

DISCLAIMER

This newsletter is for informational and educational purposes only. It is not investment advice. Markets are subject to risks, and past performance is not indicative of future results. Consult a registered financial advisor before making investment decisions. We are not registered investment advisors with SEBI or any other regulatory body.

AI DISCLOSURE: Some analysis is generated using AI technology and curated by our editorial team.

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