📊 Market Scorecard

🪙 Alternative Assets

🗞️ Today’s Highlights

• Indian Markets Decline Amid Escalating US-Iran Tensions and Rising Oil Prices: Indian benchmark indices, including Sensex and Nifty, traded lower on Tuesday as escalating US-Iran tensions led to a sharp rally in crude oil prices. This geopolitical unrest dampened investor sentiment across the market.
• Wholesale Price Inflation (WPI) Reaches 9.87% in June, Driven by Food and Primary Articles: India's wholesale price inflation surged to a new high of 9.87% in June, up from 9.68% in May. This increase was primarily attributed to a sharp rise in the prices of food and primary articles.
• SBI Funds Management IPO Opens for Subscription Today: SBI Funds Management launched its initial public offering (IPO) for subscription on July 14, 2026. The issue will remain open until July 16, 2026, and is anticipated to be the largest D-street launch of the year.

🏢 Corporate Action

• Poonawalla Fincorp: Poonawalla Fincorp approved the issuance of secured Non-Convertible Debentures (NCDs) valued at Rs 500 crore on July 13, 2026.
• Pondy Oxides and Chemicals: Pondy Oxides and Chemicals announced a stock split, setting July 21, 2026, as the record date for subdividing each equity share from a face value of Rs 5 to Rs 2.
• Goodluck India: Goodluck India's board approved a 2:1 bonus share issue, entitling eligible shareholders to receive two bonus shares for every one share held.