Morning Bell 13th July 2026 by Bajaj Broking Ltd
Market Commentary
Indian benchmark indices opened with a gap - up and extended their gains throughout the session, closing near the day's high . The Nifty reclaimed and closed above the crucial 24 ,200 mark, supported by broad - based buying interest . Improved investor sentiment was aided by easing geopolitical tensions and a continued decline in crude oil prices, which strengthened the overall market outlook .
* At close, the Nifty 50 gained 1.02 % to settle at 24 ,206 , while the Sensex advanced 1.08 % to close at 77,569 .
* On the sectoral front, Nifty PSU Bank and Realty emerged as the top - performing sectors, witnessing strong buying interest throughout the session . In contrast, Media and FMCG ended marginally lower, while all other major sectoral indices closed in positive territory, reflecting broad - based market strength .
* The broader market continued to outperform, with the Nifty Midcap 100 rising 1.40 % to a record close and the Nifty Small cap 100 gaining 1.49 %, reflecting broad - based buying and strong investor participation .
* Gift Nifty signals a negative start to the Indian market . Nifty spot in today's session is likely to trade in the range of 23 ,900 - 24 ,350 .
Global Updates
* Global commodity desks are facing a massive supply -risk premium as crude benchmarks surge . Over the weekend, the Islamic Revolutionary Guard Corps (IRGC) declared the strategic Strait of Hormuz closed "until further notice," following intensive U.S . airstrikes that hit 140 Iranian military targets .
* Institutional desks are highly focused on an upcoming cluster of high - impact U.S . macro events scheduled for Tuesday . Algorithmic systems are recalibrating portfolios ahead of the June Consumer Price Index (CPI) print, which will drop concurrently with Federal Reserve Chair Kevin Warsh's high -stakes semi - annual testimony before Congress .
* Asian markets traded firmly lower this morning as geopolitical tensions and supply - chain concerns weighed on investor sentiment . South Korea's KOSPI led regional losses, plunging 2.88 % to 7,260 .83 , followed by Japan's Nikkei 225 , which slipped 0 .70 % to 68 ,077 .45 , while Australia's S&P/ASX 200 outperformed its regional peers, easing just 0 .13% to 8 ,794 .2.
Above views are of the author and not of the website kindly read disclaimer
