On Tuesday, July 22, the Nifty 50 and Sensex are likely to open on a buoyant note, following Wall Street’s overnight rally.
As of 7:10 AM, the GIFT Nifty was trading near the 25,182 mark, up 92 points from its previous close, indicating a gap-up start for the Indian benchmark indices.
Asian markets advanced on Tuesday, following Wall Street’s overnight rally that pushed major indexes to new records, with the S&P 500 and the Nasdaq notching record high closes.
Investors assessed solid corporate earnings while keeping an eye on persistent tariff issues.
Market participants are likely to react to the Q1 earnings of Eternal, announced post-market on Monday.
Indian Railway Finance Corporation, Dixon Technologies, JSW Infrastructure, Colgate Palmolive (India), One 97 Communications and United Breweries will announce their Q1 earnings today.
On Monday, July 21, Foreign Institutional Investors (FIIs) were net sellers, having sold equities worth ₹374.74 crore. Domestic Institutional Investors (DIIs), on the other hand, bought shares totalling ₹1,681.23 crore during the same session.
Indian equity benchmarks Sensex and Nifty 50 ended higher on Monday, July 21, breaking a two-day losing streak as strong buying in major banking counters like HDFC Bank and ICICI Bank supported the market, even as global cues remained mixed. The Sensex closed 443 points higher at 82,200.34, up 0.54%, while the Nifty 50 added 122 points or 0.49% to settle at 25,090.70.
As per the reports, a delegation of U.S. trade officials is scheduled to visit India in August for the next phase of discussions on the proposed bilateral trade agreement. This comes after the conclusion of the fifth round of negotiations between Indian and U.S. representatives held in Washington last week.
The growth of India’s eight key infrastructure industries eased to 1.7% in June 2025, compared to 5% in the same period last year. However, this reflects a marginal improvement over May’s 1.2% expansion.
On Monday, the S&P 500 and Nasdaq ended at all-time highs, lifted by Alphabet and other key tech stocks. Investor sentiment was supported by optimism over upcoming earnings and expectations that trade agreements could help cushion the economic effects of U.S. tariffs under the Trump administration.
The Dow Jones Industrial Average fell 18.66 points, or 0.04%, to 44,323.53, while the S&P 500 rose 8.89 points, or 0.14%, to 6,305.68. The Nasdaq Composite closed 78.52 points, or 0.38%, higher at 20,974.18.
On Tuesday, the U.S. dollar moved within a narrow range, recovering from an early-week decline. Investors remained focused on developments in trade negotiations, with the August 1 deadline looming for nations to reach agreements with the U.S. and avoid higher tariffs.
Crude oil prices slipped on Tuesday, pressured by concerns that the ongoing trade tensions between the U.S. and the European Union could dampen fuel demand by slowing economic activity.
Gold prices climbed to their highest levels in over a month, driven by a softer U.S. dollar and declining Treasury yields. Spot gold remained stable at $3,390.73 per ounce after reaching its peak since June 17 earlier in the day, while U.S. gold futures were unchanged at $3,404.20.
Disclaimer: The article is for informational purposes only and not an investment advice.
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