Charterly Digest
29 July 2026
🎯 Sentiment: Bullish
Indian benchmark indices surged today, driven by a strong rally in the IT sector, broad-based buying across other sectors, and renewed foreign institutional investor inflows, despite lingering geopolitical tensions and rising crude oil prices.
📊 Market Scorecard
🚀 Top Gainers
📉 Top Losers
🗞️ Market Cues
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Indian Markets Surge on IT Rally and Broad-Based Buying
Benchmark indices Sensex and Nifty 50 closed significantly higher, fueled by robust performance in the IT sector and widespread buying across metals, FMCG, pharma, and financial stocks. -
FIIs Turn Net Buyers, Boosting Market Sentiment
Foreign Institutional Investors (FIIs) recorded net inflows of ₹755.33 crore (Yesterday), contributing to the positive market sentiment, alongside sustained buying by Domestic Institutional Investors (DIIs) of ₹1,664.16 crore (Yesterday). -
Adani Enterprises Reports Q1 Loss Amidst OFAC Settlement
Adani Enterprises reported a net loss of ₹1,160 crore for Q1 FY27, primarily due to an exceptional charge of ₹2,644 crore related to a settlement with the US Office of Foreign Assets Control (OFAC). -
India's Industrial Output Hits Six-Month High
India's industrial output, measured by the Index of Industrial Production (IIP), grew 7.3% year-on-year in June, marking a six-month high and reinforcing investor confidence in India's growth trajectory. -
US Federal Reserve Policy Decision Awaited
Investors are keenly awaiting the outcome of the US Federal Reserve's policy decision later today, with expectations for interest rates to remain unchanged.
🏢 Corporate Action
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Adani Enterprises Ltd.
Reported unaudited Q1 FY27 financial results with a net loss of ₹1,160 crore and announced the appointment of Ms. Anju Abrol as an Independent Director effective July 29, 2026. -
Phoenix Mills Ltd.
Reported a 23% year-on-year increase in net profit and a 12.8% rise in revenue for Q1 FY27. -
Suzlon Energy Ltd.
Reported a 6% year-on-year decline in net profit but a 22% increase in revenue for the June quarter of FY27. -
Siemens Ltd.
Ex-dividend date for a final dividend of ₹18.00 per share on July 29, 2026. -
Alembic Pharmaceuticals Ltd.
Ex-dividend date for a final dividend of ₹12.00 per share on July 29, 2026.
🏦 Institutional Flow
💡 Structural Watchlist
Long-term
UPSIDE: +25-30%
Basis of Pick: Dixon Technologies is a leading Electronics Manufacturing Services (EMS) provider, poised to benefit significantly from India's 'Make in India' initiative and the 'China + 1' strategy. The company demonstrates strong market leadership, economies of scale, and a focus on backward integration into critical components, ensuring robust long-term growth in the expanding electronics manufacturing sector.
With increasing domestic and global demand for electronics, Dixon's diversified product portfolio and strong client base position it for sustained revenue and profit growth, making it an attractive long-term structural play in India's manufacturing boom.
Mid-term
UPSIDE: +30-35%
Basis of Pick: Clean Max Enviro Energy Solutions is a small-cap leader in the commercial and industrial (C&I) renewable energy segment, offering clean power solutions through long-term contracted projects. The company is well-positioned to capitalize on the rising electricity demand from data centers and AI-related infrastructure, which require reliable and sustainable power supply.
Analyst coverage highlights a significant upside potential for this stock, driven by its strong position in a high-growth sector and plans to expand operational renewable energy capacity by approximately 2.5 times by FY29.
*Disclaimer: The structural watchlist suggestions are based on market data and quantitative/technical setups. These are for educational purposes and should not be considered as professional investment advice. Consult a SEBI registered advisor before making financial decisions.
🪙 Alternative Assets
🔮 Ahead of Tomorrow
Key focus will remain on the outcome of the US Federal Reserve's policy decision, which is expected to influence global equity markets. Investors will also monitor developments in the Middle East and their potential impact on crude oil prices and overall market sentiment.