Archive · 21 Jul 2026

GIFT Nifty Signals Gap-Down Start; SBI Funds Listing in Focus

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.

Sources