| Market Pulse |
Wednesday, 15 July, 2026 |
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Market Snapshot
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📊
Nifty 50
24,052.05
-0.66%
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📈
Sensex
77,054.94
-0.72%
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🏦
Bank Nifty
57,462.3
-1.15%
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Indian markets witnessed a downtrend today with Nifty 50 and Sensex declining by 0.66% and 0.72% respectively. This movement is largely attributed to escalating geopolitical tensions between the US and Iran, leading to a surge in oil prices. The rising oil prices are exerting pressure on the rupee and increasing import costs, which is worrisome for oil-dependent sectors. Additionally, the Federal Reserve's firm stance on controlling inflation further dampened market sentiment, impacting IT and banking stocks as fears of potential rate hikes loom.
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The Big Story
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📰 FEATURED
Citi, others dial back India rate hike calls as inflation expected to stay moderate
BankingRealty
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Stable interest rates could boost lending and real estate activity.
WHY IT MATTERS
Expectation of stable rates supports banking and realty sectors by maintaining borrowing costs.
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Quick Takes
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india macro • positive
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India draws nearly $10 billion under RBI's deposit drive to support rupee, sources say
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Stronger rupee may reduce import costs and improve margins for IT and other sectors.
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Read full report →
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commodities • negative
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Oil rises after US-Iran hostilities flare again with strikes on energy targets
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Expect pressure on oil-dependent sectors and potential rupee depreciation.
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Read full report →
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global macro • negative
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Federal Reserve chairman Kevin Warsh says Fed has ‘no tolerance’ for elevated inflation
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Expect volatility in banking and IT stocks as rate hike fears loom.
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Read full report →
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india macro • negative
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INR slumps beyond Rs 96 per dollar mark as oil prices jump to around one-month high
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Rupee weakness may affect import-heavy sectors; consider hedging strategies.
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Read full report →
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commodities • negative
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Oil hits one-month high as US, Iran step up attacks in Strait of Hormuz
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Expect short-term pressure on oil-dependent sectors; monitor currency fluctuations.
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Read full report →
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global macro • negative
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Trump declares US will take over Strait of Hormuz, charge patrolling fees: 'Iran broke the deal'
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Prepare for volatility in energy stocks and potential rupee depreciation.
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Read full report →
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FII / DII Activity
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FII/FPI
Sold
₹28 Cr
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DII
Sold
₹612 Cr
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FIIs sold ₹28 Cr, DIIs sold ₹612 Cr today.
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Market Breadth
Advances: 765 ·
Declines: 932 ·
A/D Ratio: 0.82
Selective selling - index down but many stocks up
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Sector Performance
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Pharma
+1.0%
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Metal
+0.6%
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Energy
-0.0%
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Media
-0.3%
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Infra
-0.3%
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FMCG
-0.6%
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IT
-1.0%
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Fin Services
-1.1%
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Bank
-1.2%
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Auto
-1.6%
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PSU Bank
-1.8%
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Realty
-2.0%
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Pharma, Metal led gains while PSU Bank, Realty underperformed. Mixed sector performance today.
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Technical Levels
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Nifty 50
| Support |
24,090 / 24,129 |
| Resistance |
24,272 / 24,493 |
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Bank Nifty
| Support |
57,521 |
| Resistance |
57,992 |
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Nifty is in sideways trend. Trading below 200 DMA suggests caution.
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Global Cues
| S&P Futures: +0.57%
US futures positive (S&P +0.57%).
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Commodities & Forex
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Gold
₹1,42,419
+0.11%
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Silver
₹2,23,320
+0.06%
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USD/INR
Rs 96.19/USD
+0.00%
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Macro / Economic Events
| 📌 |
5 earnings results expected |
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| 📌 |
US Fed Interest Rate Decision |
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Looking Ahead
| 👀 |
US Fed Interest Rate Decision |
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Corporate Actions
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SBI
Funds Management IPO Day 2 Live: Will SBI Funds Management's Rs 9,813-crore IPO sail through on Day 2? GMP signals 17% listing pop
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Bharti Airtel
enhances network coverage across Odisha
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Biocon
gain 6.5% after Viatris sells its stake in a block deal
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HCL Tech
India's HCLTech results beat on financial services boost; enters data center business
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Earnings Calendar
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Union Bank of India
15 Jul
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ICICI Lombard General Insuranc
15 Jul
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ICICI Prudential Life Insuranc
15 Jul
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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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