Vogue Commercial Co. Ltd

MARKET COMMENTARY

( As on Jul-21-2026 08:39 )

Indian benchmark indices are expected to open on a subdued note on July 21, tracking weak global cues. GIFT Nifty was trading lower at around 24,141 in early trade, indicating a negative start for domestic equities.

In the previous session, the Sensex and Nifty ended in the red, dragged down by sharp selling in private banking stocks following their June-quarter earnings. Investor sentiment also remained under pressure amid weak global markets and rising geopolitical tensions in the Middle East.

On Monday, the 30-share benchmark index ended at 77708.52 down by -442.93 points or by -0.57 % and then NSE Nifty was at 24238.5 down by -95.8 points or by -0.39 %.

On the global front, Asian markets were trading on a mixed note on Tuesday morning as traders assessed the latest developments in geopolitical tension in West Asia. US President Donald Trump said in a social media post that Tehran has to pay for the lives of three US servicemen. His remarks sparked fears that the conflict will likely escalate further.

South Korea's Kospi and Japan's Nikkei 225 were trading 2.8 per cent and 2.02 per cent, respectively. Overnight, the Dow Jones Industrial Average and the S&P 500 settled 0.59 per cent and 0.19 per cent down, respectively. The Nasdaq Composite fell 0.05 per cent.

Back home, Top traded Volumes on NSE Nifty – HDFC Bank Ltd. 56061789.00, Kotak Mahindra Bank Ltd. 32539419.00, Axis Bank Ltd. 25314148.00, ICICI Bank Ltd. 22236415.00, Jio Financial Services Ltd. 19257829.00,

On NSE, total number of shares traded was 427.77 Crore and total turnover stood at Rs. 107795.45 Crore. On NSE Future and Options, total number of contracts traded in index futures was 104478 with a total turnover of Rs. 17246.31 Crore. Along with this total number of contracts traded in stock futures were 1305675 with a total turnover of Rs. 90092.62 Crore. Total numbers of contracts for index options were 143000020 with a total turnover of Rs. 22605293.95 Crore. and total numbers of contracts for stock options were 8221464 with a total turnover of Rs. 589556.77 Crore.

The FIIs on 20/07/2026 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 14697.52 Crore and gross debt purchased stood at Rs. 6108.17 Crore, while the gross equity sold stood at Rs. 14913.23 Crore and gross debt sold stood at Rs. 223.39 Crore. Therefore, the net investment of equity and debt reported were Rs. -215.71 Crore and Rs. 5884.78