Trade Setup for Today: Key Things to Know Before the Opening Bell on July 15, 2026
GIFT Nifty futures down 18.50 points at 24,042 suggest a flat opening for Indian markets. US markets closed mixed with NASDAQ gaining 0.90% while Dow remained flat. Asian markets show strength with Nikkei up 0.86% and Hang Seng rising 0.77%. Crude oil surged 1.07% to $80.19 while gold declined 0.82%. USD/INR strengthened to 96.19. FIIs sold ₹739.69 crores while DIIs bought ₹2,927.71 crores. Biocon dominates block deals with ₹1,819.34 crores worth transactions at ₹400 per share involving Mylan's stake sale.
*this image is generated using AI for illustrative purposes only.
Global markets present a mixed picture as we head into today's trading session, with Asian indices showing strength while commodity prices remain volatile. Here's what traders need to watch before the opening bell.
GIFT Nifty Update
SGX Nifty futures are trading at 24,042.00, down 18.50 points or 0.08% from the previous close of 24,060.50. This suggests a cautious start for domestic indices, with the Nifty likely to open around current levels.
US Markets
US markets closed on a positive note, with major indices posting modest gains:
| Index | Price | Change | Change % |
|---|---|---|---|
| Dow Jones | 52,529.27 | +9.63 | +0.02% |
| NASDAQ | 26,127.81 | +233.63 | +0.90% |
| S&P 500 (E-Mini) | 7,604.75 | +13.50 | +0.18% |
The NASDAQ led the gains with a 0.90% rise, while the Dow Jones remained nearly flat with minimal movement.
Asian Markets
Asian markets are showing positive momentum this morning:
| Index | Price | Change | Change % |
|---|---|---|---|
| Nikkei 225 | 68,326.53 | +583.03 | +0.86% |
| Hang Seng | 24,528.08 | +187.34 | +0.77% |
| FTSE 100 | 10,529.39 | +31.10 | +0.30% |
The Nikkei is leading with a strong 0.86% gain, while Hong Kong's Hang Seng also posted solid gains of 0.77%.
Commodity Trends
Commodity markets show mixed signals with energy leading gains:
| Commodity | Price | Change | Change % | Currency |
|---|---|---|---|---|
| Crude Oil (WTI) | $80.19 | +$0.85 | +1.07% | USD |
| Gold Futures | $4,036.50 | -$33.20 | -0.82% | USD |
| Silver Futures | $58.66 | -$0.44 | -0.75% | USD |
| Natural Gas | $2.92 | -$0.01 | -0.17% | USD |
| Copper | $6.38 | +$0.01 | +0.21% | USD |
Crude oil prices gained over 1%, while precious metals faced selling pressure with gold and silver both declining.
Currency Updates
The USD/INR pair strengthened to 96.19, up 0.57 or 0.60% from the previous close. The Euro traded at 1.14 against the dollar, showing marginal gains of 0.09%.
FII/DII Activity
Institutional flows showed contrasting patterns:
| Date | FII/FPI Buy | FII/FPI Sell | FII/FPI Net | DII Buy | DII Sell | DII Net |
|---|---|---|---|---|---|---|
| July 14 | ₹12,763.43 cr | ₹13,503.12 cr | -₹739.69 cr | ₹20,420.87 cr | ₹17,493.16 cr | +₹2,927.71 cr |
| July 13 | ₹10,386.48 cr | ₹13,448.75 cr | -₹3,062.27 cr | ₹17,393.46 cr | ₹15,221.76 cr | +₹2,171.70 cr |
Foreign investors continued their selling streak with net outflows of ₹739.69 crores, while domestic institutions provided support with net buying of ₹2,927.71 crores.
Block Deals
Biocon dominated block deal activity with significant transactions:
| Company | Buyer/Seller | Shares | Price (₹) |
|---|---|---|---|
| BIOCON | HDFC Mutual Fund (B) | 58,29,005 | 400.00 |
| BIOCON | ICICI Prudential MF (B) | 1,84,37,500 | 400.00 |
| BIOCON | Kotak Mahindra MF (B) | 58,29,004 | 400.00 |
| BIOCON | Mylan Inc. (S) | Multiple blocks | 400.00 |
Latest Update for Stocks Involved in Block Deals
Biocon witnessed significant block deal activity worth ₹1,819.34 crores involving approximately 4.55 crore shares at ₹400.00 per share. Key developments include:
- Mylan plans to divest a portion of its 5.64% stake in Biocon
- Biocon published pivotal clinical data for Yesafili, a biosimilar to Eylea
- The company announced a final dividend of ₹0.50 per share
- Biocon, along with Zydus and Dr Reddy's, is preparing to enter the biosimilar market for Keytruda
Key Global Events
Today's corporate action calendar includes 69 companies with various activities including quarterly results, AGMs, and dividend payments. Notable companies announcing results include TCS (interim dividend of ₹12.00), HDFC AMC, Wipro, and several others.
Markets will also watch for any developments in global geopolitical situations and central bank communications that could influence sentiment during the session.
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