Morning Intelligence
17 July 2026 | Pre-Market Setup
🌍 Global Cues & Asian Markets
| GIFT Nifty | 24171.5 ▲ 76.5 |
| Dow Jones | 52552.97 ▼ 105.67 |
| NASDAQ | 25881.95 ▼ 387.28 |
| Nikkei 225 | 63896.48 ▼ 2811.44 |
Global markets are exhibiting caution, with Asian and US indices closing lower due to a sell-off in semiconductor stocks and elevated crude oil prices.
🇮🇳 Yesterday’s Close
| Nifty 50 | 24072.75 ▼ 5.75 |
| Sensex | 77186.87 ▲ 1.44 |
| Bank Nifty | 57582.25 ▼ 175.6 |
💱 Commodities & Forex
| 🥇 Gold | 3981.19 ▲ 5.18 |
| 🥈 Silver | 55.78 ▲ 0.28 |
| 🛢️ Crude Oil | 80.08 ▲ 1.13 |
| 💵 USD/INR | 96.325 ▼ 0.01 |
🏦 Institutional Activity
| FII Net | Rs 4205.56 Sell |
| DII Net | Rs 2986.41 Buy |
📰 Pre-Market News
- D-Street set for a cautious opening as GIFT Nifty signals muted start: Indian markets are expected to open flat, tracking global weakness and elevated crude oil prices.
- Oil jumps 12% this wk as Hormuz closure risks loom: Escalating US-Iran tensions have driven crude oil prices significantly higher, raising concerns about global supply disruptions.
- Wipro's strong deal wins offset by weak revenue and margin decline: Wipro reported a muted Q1 performance with flat net profit and modest revenue growth, despite strong deal bookings.
🎯 Stocks in Focus
- Reliance Industries (RIL): Shares of Reliance Industries will be in focus as the company is slated to announce its first-quarter results today.
- Jio Financial Services (JFSL): Jio Financial Services reported a 156% year-on-year jump in consolidated net profit to ₹830 crore for the quarter ended June 30, 2026.
- Wipro: Wipro's Q1 FY27 performance was muted, with revenue growth remaining modest and margins under pressure, despite strong deal wins.
📅 Today’s Calendar
Several major companies, including Reliance Industries, JSW Steel, and Federal Bank, are scheduled to release their April-June quarter earnings today.
