Markets

Infosys shares fell 2.5% after the company cut its FY27 revenue growth guidance alongside Q1 results, even as net profit rose 12.3% year on year. Motilal Oswal maintained a buy call with a Rs 1,170 target, but a CEO transition adds uncertainty for the rest of the year.

Brent crude surged past $100 per barrel on Thursday, up more than 5% in a single session, as the Middle East conflict continues to escalate. The move raises fresh inflation risks for oil-importing economies and puts pressure on fuel costs globally.

US stocks fell on Wednesday as investors questioned the return on surging AI spending and crude oil prices rose, adding inflation pressure. The Nasdaq dropped 1.73%, the S&P 500 fell 1.08%, and the Dow slid 0.89%.

Infosys reports its Q1 FY27 earnings today, covering revenue, net profit, margins, and deal wins. Any revision to FY27 guidance is the key market trigger, with the Nifty IT index likely to react to the headline numbers.

IndusInd Bank's share price fell over 4% on July 23, 2026, despite reporting a 47% year-on-year rise in Q1 net profit to ₹1,003 crore. The selloff reflects investor concern that the profit jump was driven by lower provisions rather than stronger core earnings.

The BSE Sensex fell 0.92% to 76,755.05 and the NSE Nifty dropped 0.79% to 23,996.25 on July 22, marking a third consecutive day of losses. Rising crude oil prices and heavy selling in bank stocks drove the decline, pushing the Nifty below the key 24,000 level.

ICICI Bank shares rose after strong Q1 FY27 results, winning clear analyst preference over peers. HDFC Bank and Axis Bank stocks declined, while Kotak Mahindra Bank earned a conditional buy and Yes Bank faced continued scrutiny.

SBI Funds Management Limited lists on Indian stock exchanges today, July 21, 2026, with grey market premium data and analyst commentary both pointing to a strong debut. The listing gives retail investors direct equity access to one of India's largest state-backed asset managers.

Bank of America is forecasting a strong second half of 2026 for the US dollar, countering expectations of a prolonged decline. A dollar rebound would pressure emerging market currencies, weigh on commodity prices, and affect global capital flows.

Indian equity markets fell in early trade on July 20, 2026, dragged by HDFC Bank and a spike in crude oil prices. Reliance Industries rose nearly 1% after reporting record quarterly core profit and EBITDA for the June 2026 quarter, offering a partial offset.

Reliance Industries opened at ₹1,317 on July 20, 2026, just below the previous close of ₹1,327, after the company reported its Q1 results. The slight gap-down open suggests the market's initial reaction was cautious, keeping buy-sell calls finely balanced.

Gift Nifty is trading around 24,056, about 186 points below Nifty futures' previous close, pointing to a gap-down open for Indian markets on Monday. US-Iran tensions, rising crude oil prices, and shifting bond yields are the main drivers of the negative sentiment.

Asian stocks fell on July 19, 2026, as US-Iran tensions escalated and crude oil prices rose. South Korea's Kospi dropped 2.47%, Japan's Nikkei 225 slid 0.2%, while the small-cap Kosdaq gained 0.98%.

The Indian rupee traded between 94.96 and 95.60 last week, moving closely with crude oil as US-Iran tensions rattled energy markets. A sustained rise in oil prices could widen India's import bill, weaken the rupee further, and complicate the RBI's inflation management.

HDFC Bank shares rose over 1% ahead of Q1 FY27 earnings due on July 18, 2026, with brokerages expecting flat net interest margins offset by solid loan growth and stable asset quality. Margin commentary and deposit growth figures will be the key market movers post-results.

Jio Financial Services posted a 155% year-on-year rise in consolidated net profit for Q1 FY27, powered by strong growth in its investing and lending segments. The stock gained around 6% on the day, though elevated operating expenses remain a key watch item for investors.

Reliance Industries, JSW Steel, Havells, Oberoi Realty, and Tata Technologies are among the companies reporting Q1 April-June 2026 earnings on July 17. Results span energy, metals, consumer durables, real estate, and tech, making it one of the busiest results days of the current earnings season.

SpaceX shares on private secondary markets have fallen below their IPO reference price for the first time, reversing a sharp rally. The drop reflects cooling demand among private market investors and could pressure valuations across the broader private space and technology sector.

SBI Funds Management's IPO closed at roughly 42 times subscription, with bids for around 519 crore shares at a price band of Rs 545 to Rs 575. Grey market pricing points to a listing near Rs 669, a 16.55 percent premium over the issue price.

The Indian rupee dropped 27 paise to close at 95.65 against the U.S. dollar on Wednesday, its worst single-session fall in recent weeks. Renewed U.S.-Iran drone and missile strikes drove crude prices higher and strengthened the dollar, triggering capital outflows from Indian markets.