Indian Market Morning Update – What to Expect Today [July 21, 2026]

US Market Performance

As of the close on July 20, 2026, the US markets ended in the red. The Dow Jones closed at 51,848.96, down 0.57%, while the S&P 500 fell 0.18% to 7,444.19. Even the tech-heavy Nasdaq didn’t escape the downturn, closing at 25,510.27, down just 0.04%. These declines are attributed to ongoing geopolitical concerns and a busy earnings season. You can check out the full details from Economic Times.

Asian Market Performance

This morning, performance in the Asian markets is mixed. The Nikkei 225 is currently down 0.10% at 32,476.33, while the Hang Seng has gained 0.29%, standing at 19,529.02. Conversely, the Shanghai Composite is also down by 0.05% to 3,589.92. Mixed results typically indicate a cautious approach among investors, stemming partly from the US market’s fluctuations. Further information can be found at LiveMint.

SGX Nifty – A Sneak Peek

The SGX Nifty is currently indicating a cautious start for the Indian markets, trading at 24,574. This suggests we may see a negative opening for our beloved Nifty—think of SGX Nifty as a preview of how Nifty will open, similar to a trailer before the main feature! More details are available at Economic Times.

Commodities Update

Crude Oil Prices

Brent Crude is steady at $91.00 per barrel, while WTI Crude has seen a slight decline, currently at $89.00. Oil prices are critical as they often influence market sentiment and inflation levels. More insights can be found at Moneycontrol.

Gold Prices

Gold retains its allure, now priced at ₹49,600 per 10 grams. The uptrend is likely due to rising geopolitical tensions that often lead investors to seek safety in gold. Learn more from Business Standard.

Dollar Index Movement

The Dollar Index (DXY) is at 102.50, showing a mild increase. This is due to investors looking for safety amid global uncertainties, especially concerning geopolitical tensions. For further information, visit Reuters.

FII/DII Data

Based on the preliminary data, Foreign Institutional Investors (FIIs) were net sellers to the tune of ₹1,200 crore yesterday, while Domestic Institutional Investors (DIIs) stepped in as net buyers with ₹850 crore. This activity can often dictate market trends in the short term. For the complete report, check Economic Times.

What to Watch Today

With a cautious global sentiment and the mixed performance in Asian markets, today will likely be an interesting day for the Indian markets. Investors should keep an eye on how geopolitical events, particularly regarding the US-Iran tensions, develop as these are expected to influence market sentiments. Additionally, watch for any earnings reports from major tech companies in the US that could impact Indian IT stocks.

Stay tuned for updates and ensure to engage with the market mindfully today!