Indian Stocks Edge Lower Amid Global Market Volatility
The Indian stock market is set for a cautious start on July 29, 2026, as indicated by the GIFT Nifty futures. The benchmark is down 72.50 points at 24,228.50, suggesting a subdued opening.
Global markets are presenting mixed cues, with commodity prices showing notable movements and key corporate earnings on the horizon.
Crude oil has emerged as the standout performer, surging over 4% to $82.45 per barrel, potentially impacting energy sectors.
Both foreign and domestic institutional investors were net buyers in July 28, with DIIs showing stronger buying interest of ₹1,664.16 crores compared to FII net inflows of ₹755.33 crores.
Several major companies are scheduled for important corporate actions, including dividend announcements from Siemens and quarterly results from Asian Paints, Dabur, and Eicher Motors.