📊 Market Scorecard

🪙 Alternative Assets

🗞️ Today’s Highlights

• Indian markets open lower amid global cues and surging crude oil prices: Indian equity benchmark indices, the Sensex and Nifty, opened in the red today due to weak global cues and surging crude oil prices driven by escalating US-Iran tensions.
• Banking stocks drag market down after Q1 earnings: Banking and financial stocks significantly dragged the market down following disappointing Q1 earnings from major lenders like Axis Bank and HDFC Bank.
• Lohia Corp's Rs 1,102 crore IPO to open on July 23: Industrial machinery manufacturer Lohia Corp Ltd. has set its IPO price band and will open for public subscription from July 23 to July 27.

🏢 Corporate Action

• Vivid Electromech: Vivid Electromech is scheduled to host a virtual analyst meet tomorrow, July 21, 2026, to discuss its Q1 FY27 performance.
• HDFC Bank: HDFC Bank announced a 5% year-on-year increase in standalone net profit for Q1 FY27, reaching Rs 190.6 billion.
• Axis Bank: Axis Bank reported a 22.23% jump in consolidated profit for the quarter, despite its share price declining by nearly 5%.