The Rs. 3,811 crore IPO of Indo-MIM has continued to receive robust investor interest, with qualified institutional buyers leading subscriptions during the ongoing bidding process.
India’s primary market continues to remain one of the busiest globally, with several companies preparing to launch mainboard and SME public offerings over the coming weeks.
On Friday, 17-7-2026, Huhtamaki India witnessed a bullish breakout with volumes of 436,094 shares. The stock looks attractive at Rs.237 against its lifetime high of Rs.452. Keep it on the radar ahead of its Q1 results on 21-7-2026.
Adani Energy Solutions reported a healthy operational performance for the June quarter, driven by higher transmission availability, growth in smart metering projects and expansion of its power distribution business.
The ongoing earnings season has also turned into one of the busiest dividend periods of the year, with several leading companies including Wipro, DLF and Persistent Systems reaching their record dates for dividend payments.
Indian benchmark indices remained under pressure for the fourth consecutive session, with the Sensex and Nifty ending lower as surging crude oil prices and weak corporate earnings dampened investor sentiment.
The Central Government has clarified that there is currently no proposal to remove the Long-Term Capital Gains (LTCG) tax on equity investments, putting an end to speculation circulating in financial markets.
Geopolitical tensions in the Middle East intensified after fresh attacks on oil tankers in the Red Sea, raising concerns over global energy supplies and international trade routes.
Date 23.07.2026
NIFTY OUTLOOK: 23996.25 FII -819.20 cr DII -418.26 cr
As discussed yesterday market behaviour remained on the expected lines during the day, as bears take the advantage of favour and drift down the nifty to day low of 23961.4 i.e. near to our support of 23967.
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