Morning Brief: Nifty Surges 1.02% to 24,206; FIIs, DIIs Net Buyers Amid Strong Macro Cues | 13 Jul 2026, 08:15 AM IST
By ThePip Desk
Indian equities saw broad-based gains with Nifty 50 closing above 24,200, driven by positive institutional flows and robust economic projections from IMF and Crisil.
Indian equities kicked off the week with strong momentum, as the Nifty 50 climbed +1.02% to settle at 24,206.9. Broader markets also participated in the rally, with the Nifty Midcap 100 recording significant gains, reflecting a positive sentiment fueled by robust institutional buying and encouraging macro-economic indicators.
Market Snapshot
| Index | Last |
|---|---|
| Nifty 50 | 24,206.9 (+1.02%) |
| Nifty Bank | 58,045.9 (+1.39%) |
| Nifty Midcap 100 | 63,036.8 (+1.40%) |
Institutional Flows
Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) both turned net buyers on Friday, injecting significant capital into the Indian market. FIIs recorded a net inflow of ₹2,603.72 crore, while DIIs added ₹2,019.68 crore.
| Date | FII Net (₹ Cr) | DII Net (₹ Cr) |
|---|---|---|
| 2026-07-10 | 2603.72 | 2019.68 |
| 2026-07-09 | -532.86 | 2057.79 |
| 2026-07-08 | 1962.80 | 790.16 |
| 2026-07-07 | 393.19 | -383.43 |
| 2026-07-06 | 243.03 | 3791.42 |
Breaking down the FII activity further, SEBI data shows FIIs were net buyers in both equity and debt segments on July 10, with net equity investments of ₹265.06 crore and net debt investments of ₹1,149.01 crore.
| Date | FII Equity Net (₹ Cr) | FII Debt Net (₹ Cr) |
|---|---|---|
| 2026-07-10 | 265.06 | 1149.01 |
| 2026-07-09 | 9488.75 | -193.71 |
| 2026-07-08 | 1570.71 | 1149.28 |
Sector Performance
Realty, PSU Bank, and IT sectors led the charge, posting significant gains. Nifty Realty was the top performer, followed closely by Nifty PSU Bank and Nifty IT, indicating broad-based strength across various segments of the market.
| Sector | Last |
|---|---|
| Nifty Realty | 938.6 (+3.49%) |
| Nifty PSU Bank | 8451.6 (+3.03%) |
| Nifty IT | 28010.4 (+1.96%) |
| Nifty Financial Services | 26831.05 (+1.32%) |
| Nifty Auto | 26860.75 (+0.69%) |
| Nifty Pharma | 25674.1 (+0.07%) |
| Nifty FMCG | 49310.6 (-0.08%) |
Top Movers
Gainers
| Symbol | Company | Last |
|---|---|---|
| JIOFIN | JIO Financial Services Ltd. | 241.96 (+3.68%) |
| HDFCLIFE | HDFC Life Insurance Company Ltd. | 567.7 (+2.87%) |
| ADANIENT | Adani Enterprises Ltd. | 3157.3 (+2.39%) |
| SBILIFE | SBI Life Insurance Company Ltd. | 1862.9 (+2.26%) |
| RELIANCE | Reliance Industries Ltd. | 1307.8 (+2.19%) |
Losers
| Symbol | Company | Last |
|---|---|---|
| DRREDDY | Dr. Reddy’s Laboratories Ltd. | 1244.3 (-1.98%) |
| ETERNAL | Eternal Ltd. | 289.65 (-0.96%) |
| BHARTIARTL | Bharti Airtel Ltd. | 1920.4 (-0.55%) |
| NESTLEIND | Nestle India Ltd. | 1455.2 (-0.55%) |
| SUNPHARMA | Sun Pharmaceutical Industries Ltd. | 1935.5 (-0.17%) |
Global Cues & Macro Outlook
Global bond markets saw yields trade lower on Friday, with new 10-year Government Stock yields down by 03 basis points to 6.72%. On the domestic front, the International Monetary Fund (IMF) has revised India’s growth projection to 6.4% for FY27, maintaining India’s position among the fastest-growing major economies. Further bolstering the positive outlook, UNCTAD reported a significant 44% surge in Foreign Direct Investment (FDI) inflows into India in 2025. Crisil Intelligence also projected India Inc revenues to grow at a two-year high of up to 11.5% in Q1 FY27, with the automobile sector expected to be a strong contributor.
IPO Watch
The primary market remains active, with several companies receiving SEBI’s nod for Initial Public Offerings (IPOs), including Rentomojo, Cult.fit, and Manipal Health Enterprises. Meanwhile, three IPOs are currently open for subscription:
- Devson Catalyst Ltd.: Open from July 9-13, with a price band of ₹112-118.
- Laser Power & Infra Ltd.: Open from July 9-13, with a price band of ₹203-214.
- Happy Steels Ltd.: Open from July 9-13, with a price band of ₹62-66.
Corporate & Earnings News
- NBCC’s arm HSCL secured two work orders worth ₹158.95 crore from Kendriya Vidyalaya Sangathan for new campuses in Odisha.
- Hero MotoCorp’s VIDA launched a new long-range variant, the VIDA EVOOTER VX2 Plus 4.4 kWh, aiming to expand its electric scooter presence.
- Virinchi received board approval to acquire the healthcare business division of Virinchi Health Care.
- GM Breweries, Gujarat Hotels, and Cupid Breweries announced their quarterly results.
- ICICI Lombard General Insurance Company Ltd. informed about a change in its Directorate.
- Asian Paints Ltd. provided an intimation regarding its ESG Rating.
- Nuvoco Vistas Corporation Ltd. announced an upcoming Analyst / Investor Meet.
- Smartworks Coworking Spaces Ltd. issued a press release on its expansion in Pune.
- Antony Waste Handling Cell Ltd. made an announcement regarding strikes/lockouts/disturbances.
Economy & Policy Updates
- The Union MSME Minister urged banks to enhance access to institutional credit for micro, small, and medium enterprises.
- The Government eased footwear quality norms, extending the timeline for clearance of legacy stock from July 31, 2026, to July 31, 2027, to boost domestic manufacturing.
- The IMF reiterated that sustained high growth and continuity in reforms are essential for India to emerge as a developed economy by 2047.