| Market Pulse |
Wednesday, 8 July, 2026 |
|
|
Market Snapshot
|
📊
Nifty 50
24,398.7
-0.13%
|
📈
Sensex
78,180.72
-0.13%
|
🏦
Bank Nifty
58,200.7
-0.16%
|
The Indian markets closed slightly lower today, with the Nifty 50 and Sensex both down by 0.13%. This movement was largely influenced by escalating geopolitical tensions in the Middle East, specifically the US military strikes on Iran, which have spurred a rally in global oil prices. This has raised concerns about potential inflationary pressures and rupee depreciation due to increased import costs. Additionally, the announcement of India's largest asset manager planning a significant IPO provided some support to the financial sector, despite the overall cautious sentiment.
|
|
|
The Big Story
|
📰 FEATURED
US launches strikes on Iran after tankers hit in Strait of Hormuz
EnergyBanking
|
|
Monitor oil prices and potential inflationary pressures on Indian economy.
WHY IT MATTERS
Increased geopolitical tensions could lead to oil price spikes, impacting energy costs and inflation.
|
|
|
|
Quick Takes
|
global macro • negative
|
|
Oil prices extend rally as US strikes on Iran revive geopolitical fears
|
|
Expect pressure on oil-dependent sectors; watch for rupee depreciation.
|
|
Read full report →
|
|
|
|
india macro
|
|
Exclusive-India aims to make it easier to short by nearly doubling stocks eligible for borrowing, sources say
|
|
Prepare for increased market activity; potential opportunities in short-selling strategies.
|
|
Read full report →
|
|
|
|
global macro • negative
|
|
Iran War News Live: In fresh escalation, Iran fires missiles at commercial ships in Strait of Hormuz
|
|
Expect upward pressure on oil prices; energy stocks may face volatility.
|
|
Read full report →
|
|
|
|
india macro • positive
|
|
India's auto industry defends ethanol fuel mandate amid backlash
|
|
Consider investments in companies involved in ethanol production and auto innovation.
|
|
Read full report →
|
|
|
|
markets • positive
|
|
India, China are winning back investors
|
|
Positive outlook for Indian equities; consider increasing exposure.
|
|
Read full report →
|
|
|
|
markets • positive
|
|
India's largest asset manager draws top sovereign funds in $1.2 billion IPO, sources say
|
|
Positive sentiment for financial sector; potential for strong IPO performance.
|
|
Read full report →
|
|
|
|
|
|
FII / DII Activity
|
FII/FPI
Sold
₹1,594 Cr
|
DII
Sold
₹444 Cr
|
FIIs sold ₹1,594 Cr, DIIs sold ₹444 Cr today.
|
|
|
Market Breadth
Advances: 867 ·
Declines: 839 ·
A/D Ratio: 1.03
Selective selling - index down but many stocks up
|
|
|
Sector Performance
|
IT
+2.4%
|
FMCG
+0.1%
|
Fin Services
-0.0%
|
|
Auto
-0.0%
|
Bank
-0.2%
|
PSU Bank
-0.4%
|
|
Infra
-0.7%
|
Pharma
-0.7%
|
Energy
-0.7%
|
|
Media
-0.7%
|
Metal
-1.1%
|
Realty
-1.6%
|
IT, FMCG led gains while Metal, Realty underperformed. Defensive sectors outperforming suggests risk-off sentiment.
|
|
|
Technical Levels
|
Nifty 50
| Support |
24,179 / 23,960 |
| Resistance |
24,334 / 24,269 |
|
|
Bank Nifty
| Support |
57,748 |
| Resistance |
58,394 |
|
Nifty is in sideways trend. Trading below 200 DMA suggests caution. Short-term momentum is positive.
|
|
|
Global Cues
| S&P Futures: -0.57%
US futures negative (S&P -0.57%).
|
|
|
Commodities & Forex
|
Gold
₹1,45,375
-0.01%
|
Silver
₹2,30,829
-0.01%
|
USD/INR
Rs 94.96/USD
+0.00%
|
|
|
|
Macro / Economic Events
| 📌 |
1 earnings results expected |
|
|
| 📌 |
US Fed Interest Rate Decision |
|
|
|
|
|
Looking Ahead
| 👀 |
US Fed Interest Rate Decision |
|
|
|
|
Corporate Actions
|
HCL Tech
HCL Tech, Orchid Pharma, IdeaForge among shares in focus today
|
|
|
Titan
dividend alert! Last day to buy shares for Rs 15 dividend payout. Do you own?
|
|
|
Larsen & Toubro
receives issuer rating of 'Baa1; Stable' from Moody's
|
|
|
|
|
Earnings Calendar
|
Indbank Merchant Banking Servi
8 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.
Market Pulse
Daily market intelligence, delivered.
newsletter.harinext.com ·
Privacy Policy ·
Unsubscribe
|