Archive · 21 Jul 2026
GIFT Nifty Signals Gap-Down Start; SBI Funds Listing in Focus
The GIFT Nifty started Tuesday's trading session with a gap-down, indicating a weak start for Indian benchmark indices.
Investors are watching the listing of SBI Funds Management, the country's largest asset management company.
Global market trends, crude oil prices, gold and silver rates, and Q1FY27 earnings are also in focus.
The Sensex and Nifty ended lower in the previous session, with heavyweight banking stocks under pressure.
Asian markets were mixed, and US markets ended lower due to geopolitical concerns.
Crude oil prices were lower, and gold and silver rates were stable.
The US Dollar Index was trading at 100.89, and the Indian rupee weakened against the US dollar.
GIFT Nifty trading below 24,200, down more than 150 points.
SBI Funds Management to list on NSE and BSE at 10:00 am.
Sensex fell 442.93 points to 77,708.52, Nifty declined 96 points to 24,239.
Global market trends, crude oil prices, gold and silver rates, and Q1FY27 earnings in focus.
Asian markets mixed, US markets ended lower due to geopolitical concerns.
- Who
- Investors, traders, and market analysts
- What
- GIFT Nifty signals gap-down start; SBI Funds listing in focus
- When
- July 21, 2026
- Where
- Global markets, Indian stock exchanges (NSE, BSE)
- Why
- Global market trends, crude oil prices, gold and silver rates, and Q1FY27 earnings are in focus.
Bullish Investors
Bearish Investors
Market Sentiment
Bullish Investors
Optimistic about SBI Funds listing and potential market recovery.
Bearish Investors
Cautious due to global market trends and geopolitical concerns.
- GIFT Nifty
- Trading below 24,200, down more than 150 points
- Sensex
- Fell 442.93 points to 77,708.52
- Nifty
- Declined 96 points to 24,239
- SBI Funds Management
- Listing on NSE and BSE at 10:00 am
- Crude Oil Prices
- Brent crude at $88.88 per barrel, WTI at $82.44 per barrel
- Gold Rate
- Spot gold at $4,006 per ounce, MCX gold futures at Rs 1,41,398 per 10 grams
- Silver Rate
- Spot silver at $56.85 per ounce, MCX silver futures at Rs 2,18,150 per kg
- US Dollar Index
- Trading at 100.89
- Indian Rupee
- Weakened to 96.45 against the US dollar