Stock Market Today Live, July 21: Gift Nifty signals flat opening for Sensex, Nifty, despite strong Asian markets

IndiGo orders record 1,000 LEAP engines for Airbus planes, plans repair shop

IndiGo orders record 1,000 LEAP engines for Airbus planes, plans repair shop

IndiGo secures a record order for 1,000 LEAP engines from CFM to power Airbus A320neo aircraft and establish a repair facility.

Market analysis by Vikram Subburaj, CEO, Giottus.com

Bitcoin traded near $65,200 on Tuesday, up about 1.1% over 24 hours, as five consecutive sessions of US spot Bitcoin ETF inflows supported the recovery from June’s lows. The move remains a consolidation rather than a confirmed breakout. Immediate support lies around $64,500-$65,000, followed by $63,700-$64,000. Resistance is near $65,700. If Bitcoin breaks above this level, the next technical hurdle is around $67,000. On-chain data also shows the short-term holder cost basis near $69,000, making it a more significant resistance level.

The market structure is stabilising, but remains fragile. Spot volumes remain subdued even as futures and options open interest expands. Perpetual futures buying has improved. Demand for downside protection has also eased. However, the growing share of short-term, price-sensitive investors leaves Bitcoin vulnerable to sharper price swings. The contraction in monthly realised capital also indicates that fresh spot demand remains cautious.

ETF flows have become more supportive. After recording a $424.7 million outflow on July 13, US spot Bitcoin ETFs rebounded with $181.1 million in inflows on July 14. They attracted a further $107.7 million on July 15, $79.1 million on July 16, $132.3 million on July 17, and $110.3 million on July 20. Those five positive sessions total $610.5 million, leaving the period since July 13 modestly positive by $185.8 million.

Our advice: Investors should avoid chasing the move above $65,000. Staggered accumulation and disciplined position sizing remain preferable until Bitcoin clears $65,700 with stronger spot volume and continued ETF demand.

Pre- market analysis by Gaurav Udani, Founder – Thincredbu Securities Pvt. Ltd. 

“Nifty is expected to open lower around 24,140, down nearly 80 points, indicating a cautious start as markets react to mixed global cues.

The index continues to trade within a defined range, making today’s session important from a technical perspective. 24,000–24,050 remains the immediate support zone, while 24,300–24,400 will act as the key resistance range.

With the earnings season in full swing, stock-specific action is likely to remain high, while global developments will continue to influence overall market sentiment.

Traders should avoid aggressive positions at the open and watch how Nifty behaves around the key support levels. Until the index delivers a decisive breakout above resistance or below support, a disciplined, level-based approach remains the preferred strategy.”

InterGlobe Aviation has signed MoU for Order of 1000+ LEAP-1A Engines.

India Glycols: NCLT approval of corporate restructuring.

Can Fin Home expects to keep FY27 net interest margin above 3.8%, with management remaining optimistic despite a sequential dip in Q1.

Ashiana Housing’s Jaipur Project Sees 224 Units Booked, Generating ₹372.45 Crores.

Redington and Resulticks Forge 5-Year Strategic Partnership.

Foreign deposit flows to buoy India bonds; war worry may overshadow

Indian government bonds are poised to open firmer on Tuesday, buoyed by data showing higher-than-expected inflows from the central bank’s overseas deposit ‌push, though caution over the U.S.-Iran war may cap gains.

The benchmark 6.94% 2036 bond yield ⁠is seen trading in a 6.76%-6.79% range, a trader at a private sector bank said, after ending Monday at 6.7770%.

Monarch Surveyors has secured ₹11.66 crore Government order from Bihar. 

Lupin Acquires Majority Stake in Kaveri Therapeutics for $1.6 Million

The pharma major’s subsidiary secures an 82.2% equity stake while granting an exclusive license for an oncology program.

RVNL emerges as L1 bidder for a Rs. 358.97 crore EPC railway project from East Central Railway.

Stock to watch: Emcure Pharmaceuticals

Company receives CDSCO approval to expand the use of Poviztra for MASH treatment in India.

K.C.P. Sugar’s subsidiary secures a Rs. 257 crore order from Hyundai Engineering & Construction for the Common Seawater Supply Project. 

Paytm | Citi & Goldman Sachs Views | Q1FY27 Highlights

– Strong quarter across businesses.

– Payment GMV growth accelerated.

– Merchant and consumer traction improved.

– Operating leverage continued strengthening.

Growth Drivers

– Market share gains sustained.

– Merchant loan distribution remained strong.

– Financial services drove EBITDA.

– Lower cloud costs supported margins.

Future Catalysts

– Wallet license application submitted.

– Potential new revenue stream.

– UPI MDR remains key upside.

– EBITDA margin expected to expand.

Brokerage View

– Citi: Buy, TP raised to ₹1,560 (from ₹1,425).

– Goldman Sachs: Buy, TP raised to ₹1,500 (from ₹1,430).

– Earnings estimates upgraded.

– Long-term profitability outlook strengthened.

Key Takeaway

– Both Citi and Goldman Sachs remain bullish on Paytm, citing accelerating payments growth, stronger financial services, improving operating leverage and multiple earnings catalysts, with significant margin expansion expected over the coming years.

Q1FY27 results today

Coca-Cola Picks Four Banks for India Bottling Arm IPO

Coca-Cola has mandated four investment banks — Kotak, Morgan Stanley, JPMorgan, and Citi — for the IPO of its India bottling arm, Hindustan Coca-Cola Holdings (HCCH), the parent of Hindustan Coca-Cola Beverages. The offering is expected to be a full Offer for Sale (OFS) with no fresh issue, allowing Coca-Cola (which currently holds 60% stake) to sell down shares. The company plans to gradually reduce its holding to become a minority shareholder. The IPO process is set to begin in the last week of July, with market buzz around a potential $10 billion valuation — nearly 3x the enterprise value from the December 2024 deal with Jubilant Bhartia Group.

SBI Funds IPO Eyes Solid Listing on Tuesday

SBI Funds Management IPO is expected to make a strong stock market debut on Tuesday. The Grey Market Premium (GMP) is currently indicating around an 18% premium over the issue price, signaling positive investor sentiment and healthy demand for the IPO. This suggests the shares could list with solid gains on the NSE and BSE, making it one of the notable listings in the current market.

Asian Stocks Rebound on Chips Rally

Asian equities rose for the first time in four days as investors returned to chipmakers, driving a rebound in the sector after the recent selloff. Oil declined.

The MSCI Asia Pacific Index climbed 1.5%, with chip giants Samsung Electronics Co. and Taiwan Semiconductor Manufacturing Co. the two biggest contributors. Benchmark gauges in South Korea and Taiwan both gained more than 2.5%. Japan’s Nikkei 225 Stock Average rose 1.7% after slipping into correction territory on Friday, as trading resumed following a long weekend.

US equity-index futures reversed earlier losses, with contracts for the Nasdaq 100 Index rising as much as 0.5%. Earlier, a gauge of US chip stocks rebounded from last week’s selloff.

Also supporting sentiment was a pullback in oil. Brent crude fell 0.6% to about $88.70 a barrel

Rupee Set for Weak Start as Oil Rally Boosts Dollar Demand

The Indian rupee is expected to come under pressure at Tuesday’s open, with high crude prices and a bearish turn in derivative ‌market positioning supporting demand for the dollar.

The rupee is expected to open in the ⁠96.50 to 96.55 range, traders said, after settling at 96.4450 on Monday.

The Indian currency slipped past 96.50 in the ‌previous session for the first time in two months and would likely have weakened further ‌had it not been for intervention by ‌the ⁠Reserve Bank of India, traders said.

The rupee’s ⁠outlook has deteriorated in recent weeks, coinciding with a rally in oil prices amid renewed tensions between the U.S. and Iran. Brent crude rose above $91 ‌a barrel on Monday before pulling back to around $88.50.

What investors need to glean from HDFC Bank’s Q1 FY27 results

What investors need to glean from HDFC Bank’s Q1 FY27 results

Explore HDFC Bank’s Q1 FY27 results, highlighting NIM challenges and long-term growth strategies despite recent market reactions.

Gift Nifty signals flat opening for Sensex, Nifty, despite strong Asian markets

Gift Nifty signals flat opening for Sensex, Nifty, despite strong Asian markets

Gift Nifty at 24,150 indicates a flat to weak opening for Indian stocks, despite positive cues from global stocks.

Gold gains as hopes for US-Iran diplomacy cool oil price rally

Gold rose on Tuesday as oil prices softened on signs of diplomatic efforts to ease the U.S.-Iran conflict, with investors also weighing the risk of another crude price spike ‌after Yemen’s Houthis threatened to impose a naval blockade on Saudi Arabia. 

Spot gold rose 0.5% ⁠to $4,023.56 per ounce, as of 0146 GMT. U.S. gold futures for August delivery added 0.3% at $4,028

Retail investors remain committed to mid-cap and small-cap funds despite elevated valuations: ICRA Analytics

Mid cap fund folios rise from 1.53 crore in June 2024 to 2.55 crore in June 2026

Small cap fund folios increase from 2.03 crore to 2.87 crore during the same period

Strong SIP participation and confidence in India’s long-term growth continue to support investor interest

Malware attack lapses: SEBI imposes ₹1 crore fine on CDSL

Malware attack lapses: SEBI imposes ₹1 crore fine on CDSL

SEBI penalizes CDSL and former executives for cybersecurity failures that led to a 2022 malware attack disrupting operations.

South Korean shares rally after two-day rout, won eases from 10-week high

South Korean shares rebounded on Tuesday after a two-day rout, helped by gains in chip stocks, while the won eased ‌from a 10-week high against the dollar.

The benchmark KOSPI was up 158.82 points, or 2.44%, ⁠at 6,675.09 as of 0129 GMT after losing 10.5% in the prior two sessions. It has shed over a quarter ‌of its value since its record close on June 22.

“The KOSPI’s correction was mainly led ‌by foreign equity investors’ selloff in terms of rebalancing ‌and ⁠profit-taking,” Citi analysts said in a note.

Lohia Corp IPO to Open on July 23; Price Band Fixed at ₹404-425

Lohia Corp Limited’s Initial Public Offering to Open on Thursday, July 23, 2026, Price Band set at Rs 404 – Rs 425 per Equity Share

Price band of Rs 404 – Rs 425 per Equity Share bearing face value of Re 1 each (“Equity Shares”)

Bid/Offer Opening Date, Thursday July 23, 2026 and Bid/Offer Closing Date – Monday, July 27, 2026.

Minimum Bid Lot is 35 Equity Shares and in multiples of 35 Equity Shares thereafter

Stock in focus: D.P. Abhushan Limited (NSE: DPABHUSHAN | BSE: 544161).

The Company reported a strong performance for the quarter ended June 30, 2026, with key highlights including:

PAT up 77% YoY to ₹64.5 crore

Total Income up 58% YoY to ₹853.6 crore

EBITDA up 70% YoY to ₹94 crore

Expansion plans are underway with upcoming showrooms in Jabalpur (Madhya Pradesh) and Dahod (Gujarat), marking the Company’s entry into Gujarat and its first FOCO store model.

Dollar near one-week high as markets grapple with Gulf tensions

The ‌U.S. dollar hovered near a one-week high on Tuesday, with markets torn between conflicting Middle East signals, as hostilities in ⁠the region stoked renewed fears over energy supplies while hopes for a ceasefire offered some relief.

Against the yen, the dollar was largely flat at 162.50 yen. The ‌euro was also little changed at $1.1415, while the British pound held firm at $1.3434 af.ter Britain’s new Prime Minister Andy Burnham ‌vowed to stick to fiscal rules.

The U.S. dollar index, which ‌measures ⁠the currency against a basket of six peers, was steady ⁠at 100.96, near its highest level since July 15.

Stocks Trade Ex-Dividend

• Angel One
• Cholamandalam Investment and Finance Company
• Indo Borax & Chemicals
• Jaro Institute of Technology Management and Research
• Ksolves India
• Laxmi Organic Industries
• Punjab & Sind Bank
• Rainbow Children’s Medicare

Why these 10 stocks will be in focus on Tuesday

Why these 10 stocks will be in focus on Tuesday

TAFE, CDSL, SPML Infra, Emcure Pharma, Redington, Wanbury, RITES, KCP Sugar, Mafatlal and Monarch Surveyors will be in focus today

Brent eases below $89 a barrel

Oil prices softened on Tuesday, with markets ‌weighing reports of mediation efforts between the U.S. and Iran against an exchange of fresh attacks between ⁠the two and threats of a naval blockade of Saudi Arabia by Yemen’s Houthis.

Brent crude futures eased 35 cents, or 0.4%, to $88.87 per barrel ‌by 0052 GMT, while U.S. West Texas Intermediate crude for September delivery was steady at $82.47 a barrel. ‌Both contracts were trading below their highest levels in more ‌than ⁠a month hit in the previous session.

Today listings 21/07/2026 Tuesday 

1️⃣ SBI FUNDS MANAGEMENT 

📌 NSE/ BSE

🆔 Symbol: SBIFUNDS 

💰 IPO Price: ₹574

📦 Retail Lot: 26

🔢 ISIN: INE640G01020

1️⃣ Alpine Texworld 

📌 NSE/ BSE

🆔 Symbol: ALPINETEX 

🆔 Bse Code: 544825 

💰 IPO Price: ₹105

📦 Retail Lot: 142

🔢 ISIN: INE1JCQ01037

1️⃣ Millworks Technologies 

📌 BSE

🆔 Symbol: MILLWORKS 

🆔 Bse Code: 544826 

💰 IPO Price: ₹331

📦 Retail Lot: 400

🔢 ISIN: INE1SRC01010

Transformers And Rectifiers (India) Limited TARIL Q1FY27 Results:-

Revenue 572.34 Cr vs 529.33 Cr

(+8.13% YoY┃-26.87% QoQ)

EBITDA 93.34 Cr vs 88.19 Cr

(+5.84% YoY ┃-21.22% QoQ)

EBITDA Margin 16.31% vs 16.66% YoY & 15.14% QoQ

PBT 88.03 Cr vs 90.48 Cr

(-2.71% YoY┃-26.32% QoQ)

PAT 64.29 Cr vs 67.46 Cr

(-4.70% YoY┃-29.65% QoQ)

PAT After Minority interest 61.52 Cr vs 67.35 Cr

(-8.66% YoY┃-31.09% QoQ)

Other Income 16.31 Cr vs 20.31 Cr YoY & 22.37 Cr QoQ

SML Mahindra Limited Q1FY27 Results

Revenue 957.54 Cr vs 845.89 Cr

(+13.20% YoY┃+6.67% QoQ)

EBITDA 100.10 Cr vs 105.01 Cr

(-4.68% YoY ┃+10.75% QoQ)

EBITDA Margin 10.45% vs 12.41% YoY & 10.07% QoQ

PBT 85.28 Cr vs 89.55 Cr

(-4.77% YoY┃+17.47% QoQ)

PAT 63.62 Cr vs 66.96 Cr

(-4.99% YoY┃+17.38% QoQ)

Other Income 1.19 Cr vs 2.06 Cr YoY & 2.58 Cr QoQ

Vimta Labs Limited Q1FY27 Results

Revenue 109.07 Cr vs 97.56 Cr

(+11.80% YoY┃-0.16% QoQ)

EBITDA 37.31 Cr vs 33.69 Cr

(+10.75% YoY ┃-5.23% QoQ)

EBITDA Margin 34.21% vs 34.53% YoY & 36.04% QoQ

PBT 28.34 Cr vs 25.26 Cr

(+12.18% YoY┃-2.44% QoQ)

PAT 21.04 Cr vs 18.89 Cr

(+11.37% YoY┃-0.34% QoQ)

Other Income 3.81 Cr vs 1.75 Cr YoY & 2.75 Cr QoQ

TINNA RUBBER Q1 FY27 Results

CONS NET PROFIT UP 75.2% AT ₹20.57 CR (YOY), UP 24.4% (QOQ)

REVENUE UP 19.9% AT ₹156.18 CR (YOY), DOWN 0.5% (QOQ)

EBITDA UP 62.4% AT ₹34.53 CR (YOY), UP 15.4% (QOQ)

MARGINS 22.11% V 16.32% (YOY), V 19.06% (QOQ)

Beta Drugs Limited Q1FY27 Results

Revenue 125.55 Cr vs 100.21 Cr

(+25.29% YoY┃+33.61% QoQ)

EBITDA 27.37 Cr vs 19.70 Cr

(+38.93% YoY ┃+54.90% QoQ)

EBITDA Margin 21.80% vs 19.66% YoY & 18.80% QoQ

PBT 22.04 Cr vs 15.64 Cr

(+40.92% YoY┃+86.31% QoQ)

PAT 16.49 Cr vs 11.70 Cr

(+40.94% YoY┃+82.21% QoQ)

PAT After Minority interest 15.80 Cr vs 11.70 Cr

(+35.04% YoY┃+74.59% QoQ)

Other Income 1.58 Cr vs 2.98 Cr YoY & 2.89 Cr QoQ

INDIGO SIGNS RECORD DEAL FOR 1,000+ LEAP-1A ENGINES

* IndiGo signed an MoU with CFM International for 1,000+ LEAP-1A engines to power 510 Airbus A320neo-family aircraft.

* Largest single LEAP engine order ever placed and a record order for CFM International.

* Agreement includes support for establishing IndiGo’s engine MRO (Maintenance, Repair & Overhaul) capabilities in India.

* Long-term support to include spare parts, maintenance services and material support for the expanding fleet.

* Strengthens IndiGo’s fleet expansion strategy with enhanced dispatch reliability, predictable maintenance costs and operational efficiency.

Paytm Beats Q1 Estimates on Profit, Revenue

Net income comes in at ₹2.2 billion against estimates of ₹1.88 billion, while revenue tops forecasts at ₹24.48 billion. Revenue and profit surpass Street expectations despite an 18% year-on-year rise in total costs.

RBI Swap Facility Attracts $20.72 Bn Forex Inflows Till July 17

FCNR(B) Deposits Account For $17.41 Bn Of Total Inflows

RBI Says Swap Facility Sees Strong Interest Since June 8 Launch

Jaiprakash Power Q1 Profit Jumps 69% on Strong Operating Performance

Net profit rises to ₹4.7 billion as revenue. EBITDA climbs 26% to ₹7.6 billion, while margin expands to 42.75% from 38% a year ago.

Equirus: SBI Funds Management (SBIAMC) Initiate Coverage with LONG and a Mar’27 TP of Rs 675

Today’s stock recommendation: Home Finance

Markets End Lower as Banking Blues Offset Earnings Beat

Markets closed lower on Monday as disappointing net interest margins from a key private-sector lender and renewed geopolitical tensions in the Middle East kept investors cautious throughout the session, even as public-sector banks and pharma stocks provided some support.

The Nifty 50 settled at 24,238.50, down 95 points or 0.39 per cent, after opening 144 points lower. The Sensex closed at 77,708, shedding 443 points. ICICI Bank beat estimates by 12 per cent and gained nearly 3 per cent. Axis Bank posted a profit beat but fell sharply. HDFC Bank came in broadly in line, but its net interest margin slipped to a record low amid deposit competition, which was enough for the market to sell it. The private bank index fell 2.3 per cent. The broader read is that the Street had spent two weeks buying ahead of results. Once the numbers confirmed what was already priced in, sellers arrived.

Stock to buy today: Home First Finance Company India (₹1,271) – BUY

Stock to buy today: Home First Finance Company India (₹1,271) – BUY

Buy Home First Finance Company shares at ₹1,271, targeting ₹1,400 with strong support at ₹1,200.