Morning Intelligence
23 July 2026 | Pre-Market Setup
🌅 Opening Bias: Neutral to Bearish
Most global and Indian indices are showing negative pre-market or yesterday's close, while crude oil is surging and the rupee is weakening, indicating some caution.
🌍 Global Cues & Asian Markets
Global markets are showing a mixed to negative trend in pre-market, with US futures down while Nikkei shows a slight gain.
🇮🇳 Yesterday’s Close
📰 Pre-Market News
-
Gold, silver prices crash up to 2% on MCX due to profit booking; elevated crude oil, US Fed's policy decision in focus.
Precious metals are seeing profit booking, while crude oil prices remain elevated, influencing market sentiment ahead of the US Fed's policy decision. -
Indian Rupee Pauses Losses Despite Oil Rally, Remains Under Pressure.
The Indian rupee is hovering around ₹96.4 per dollar, pausing its recent slide, but remains pressured by surging oil prices. -
Lockheed Martin, RTX Rally Up To 12% As Pentagon's Hawkish Plans Lift 2026 Guidance.
Major defense contractors Lockheed Martin and RTX have raised their 2026 financial outlooks due to accelerated weapons replenishment by the Pentagon amid global conflicts.
🎯 Stocks in Focus
-
Infosys
Infosys will be in focus today, likely due to sector-specific news or potential earnings-related movements. -
IndiGo
IndiGo is among the stocks to watch today, potentially influenced by aviation sector trends or company-specific developments. -
Caliber Mining & Logistics
Caliber Mining & Logistics will be in focus as its shares are set to list on the exchanges today, attracting investor attention.
💡 Structural Watchlist
Long-term
UPSIDE: +30-40%
Basis of Pick: Strong positioning as a small-cap emerging player in the high-potential green hydrogen and solar energy sectors, with commissioned projects and significant capacity expansion plans.
The company is actively involved in green hydrogen plant commissioning and has secured key contracts, aligning with India's ambitious renewable energy targets.
Mid-term
UPSIDE: +18-22%
Basis of Pick: Engaged in end-to-end development of renewable energy projects, primarily wind and solar, showing robust year-on-year sales growth.
Benefits from increasing government focus and investment in renewable energy infrastructure, offering a mid-cap exposure to India's energy transition story.
*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.
💱 Commodities & Forex
📅 Today’s Calendar
No major economic data releases are specifically highlighted for today, July 23, 2026.