Nifty 50 opens from 22363.35 after a 0.7% decline

The session

Where the market stands

Key drivers

Market breadth

Currency, commodities & rates

Currency, commodities and rates

• USD/INR: 95.76, rupee firmer by 1.10% on the session
• India VIX: 15.25 (+6.1%)
• Gold (rupee terms): -1.23% on the session, -0.3% over five sessions

Key drivers

Markets

• Stocks in news: HCL Tech, RBL Bank, Nazara Tech, Hero Motors, Power Grid and IRCON. Indian stock markets struggled on Monday, as the Nifty 50 saw a considerable drop. The falls were attributed to increasing bond yields, consistent outflows from foreign institutional investors, and pervasive global concerns. (Economic Times Markets)
• Market wrap: ITC, Apollo Hospital, Dr Reddy's Labs, Bajaj Auto top gainers and losers on Nifty and Sensex on Monday. Indian equity markets ended lower on Monday as rising bond yields and continued FII outflows weighed on sentiment. The Nifty fell 0.70% to 22,363, while the Sensex lost 0.76% to 71,925. FMCG stocks led sectoral losses, while auto stocks gained. (Economic Times Markets)
• Tech Picks: Trent, Physicswallah among 5 stocks to buy for up to 23% returns. In a recent trading session, the Indian stock market showed a mixed performance, with the Sensex falling while the Nifty posted minor gains. (ET Stocks)
• Why is market falling today? Sensex slumps over 500 points, Nifty below 22,400. 5 key factors behind selloff. The Indian stock market saw a downturn as both Sensex and Nifty lost previously gained ground. Market confidence was shaken by ongoing FII selling and increasing bond yields. Tech Mahindra experienced the most significant drop, with shares down nearly 4%. (Economic Times Markets)

Read more Stocks in news: HCL Tech, RBL Bank, Nazara Tech, Hero Motors, Power Grid and IRCON · Market wrap: ITC, Apollo Hospital, Dr Reddy's Labs, Bajaj Auto top gainers and losers on Nifty and Sensex on Monday · Tech Picks: Trent, Physicswallah among 5 stocks to buy for up to 23% returns · Why is market falling today? Sensex slumps over 500 points, Nifty below 22,400. 5 key factors behind selloff

Economy & policy

Economy and policy

• Goodluck India shares surge 17% as merger expands, defence arm to join firm along with green energy unit. Goodluck India shares surged 17% to a 52-week high of Rs 585 after its board approved the proposed merger of Goodluck Defence and Aerospace and Goodluck Green Energy. (Economic Times Markets)
• 63 Moons Technologies shares rally 9% as subsidiary raises FY27 revenue guidance to Rs 600 crore. Shares of 63 Moons Technologies rallied after subsidiary 63SATS Cybertech reported Rs 218 crore in first-half FY27 billings and raised its full-year billed revenue guidance to Rs 600 crore from Rs 350 crore, citing strong execution and a growing business… (Economic Times Markets)
• Singularity AMC pays over Rs 40 lakh to settle AIF rule violation case with Sebi. Singularity AMC, a company rooted in Mumbai, has successfully resolved two significant matters with the Securities and Exchange Board of India (Sebi) concerning violations related to alternative investment funds. (Economic Times Markets)
• Fitch Solutions company BMI raises FY27 growth forecast for India to 7.5%. BMI expects India's economy to grow 7.5 per cent in FY27, driven by industrial activity, but has lowered its FY28 forecast amid elevated oil prices and inflation risks (BS Companies)

Read more Goodluck India shares surge 17% as merger expands, defence arm to join firm along with green energy unit · 63 Moons Technologies shares rally 9% as subsidiary raises FY27 revenue guidance to Rs 600 crore · Singularity AMC pays over Rs 40 lakh to settle AIF rule violation case with Sebi · Fitch Solutions company BMI raises FY27 growth forecast for India to 7.5%

Companies

• PVR Inox among 4 stocks hitting 52-week highs; rallied up to 13% in a month. Four BSE 500 stocks, including PVR Inox, PTC Industries, Aditya Infotech and Laurus Labs, hit fresh 52-week highs despite a decline in benchmark Sensex, gaining up to 13% in a month. (Economic Times Markets)
• India 10-year bond yield tops 7.35% as RBI's liquidity clamp down hurts. On Monday, Indian government bonds experienced a significant decline due to central bank measures affecting liquidity. The benchmark 6.94% 2036 bond yield rose to its highest level in three years. (Economic Times Markets)
• HCLTech Q2 Decoded: Record Profit On Rupee Tailwind, Hiring Rebound Despite AI Boom, And Software Slip. HCLTech's net profit rose 11% to an all-time high; advanced AI revenue jumped 28.1% as deal wins reached $3.26 billion. (NDTV Profit)
• India benchmark bond posts worst day in six months on RBI measures. Indian government bonds experienced a significant decline due to central bank measures aimed at draining liquidity. The benchmark 10-year bond yield rose to its highest level in three years, signaling potential rate hikes. (Economic Times Markets)

Read more PVR Inox among 4 stocks hitting 52-week highs; rallied up to 13% in a month · India 10-year bond yield tops 7.35% as RBI's liquidity clamp down hurts · HCLTech Q2 Decoded: Record Profit On Rupee Tailwind, Hiring Rebound Despite AI Boom, And Software Slip · India benchmark bond posts worst day in six months on RBI measures

Companies

New issues

• HD Fire Protect IPO Day 1 Subscription: GMP, Price Band, Expected Listing Gains And Other Details. The HD Fire Protect IPO price band has been fixed at Rs 258 to Rs 271 per share, with a lot size of 55 shares. At the upper end of the price band, retail investors need a minimum investment of Rs 14,905 to apply for one lot. (NDTV Profit)
• Moneyview shares rally 93% from IPO price in 7 sessions. What lies ahead?. Moneyview shares have surged since listing, but sustaining the rally will depend on the company’s financial performance and asset quality. (Economic Times Markets)
• Can HD Fire Protect IPO deliver long-term growth for high-risk investors?. HD Fire Protect is set to generate ₹712 crore through an offer for sale, marking a pivotal moment in their funding strategy. Following the IPO, the promoter group's share will drop to 85%, down from the current 100%. (Economic Times Markets)
• Bigger bids, fewer bets: mutual funds get selective in IPO market. Record SIP inflows are swelling mutual funds’ investible pools, but fund managers are concentrating their bets on larger, high-conviction deals in sectors like financial services, manufacturing and new-age IT (LiveMint Markets)

Read more HD Fire Protect IPO Day 1 Subscription: GMP, Price Band, Expected Listing Gains And Other Details · Moneyview shares rally 93% from IPO price in 7 sessions. What lies ahead? · Can HD Fire Protect IPO deliver long-term growth for high-risk investors? · Bigger bids, fewer bets: mutual funds get selective in IPO market

Currency, commodities & rates

World

• Iran war’s end will be turning point for India, Amundi arm says. Amundi Investment Institute sees potential for Indian equities to rebound if the Iran war ends, easing oil pressures. (Economic Times Markets)
• Tata-backed Tejas plans entry into new markets in Europe, Global South. The company also won a commercial end-to-end 5G network deployment order in a South American market in the quarter ended June (BS Companies)
• Wall Street bosses look past India's pain points to ramp up investment bets. Wall Street bosses are still looking at the economy's long-term prospects. Many are betting on a series of measures taken by the Modi administration to jumpstart a vast digital payments ecosystem (Business Standard Mkts)
• Whisky, Salmon To Annual Data Audits: What The India-UK Trade Pact Entails As Goods Hit Indian Shores. India and the UK will begin exchanging annual data on tariff concession usage one year after their trade pact took effect on July 15, 2026. The exercise is intended to identify implementation hurdles and help more businesses access preferential duties. (NDTV Profit)

Read more Iran war’s end will be turning point for India, Amundi arm says · Tata-backed Tejas plans entry into new markets in Europe, Global South · Wall Street bosses look past India's pain points to ramp up investment bets · Whisky, Salmon To Annual Data Audits: What The India-UK Trade Pact Entails As Goods Hit Indian Shores

What matters next