Indian Market Updates - 2026-07-15
Latest Status
GIFT Nifty flat; IT sector under pressure after IBM crash
- Bias: Cautious - Key signal: India VIX up 3.5% to 13.75 indicates elevated anxiety.
- IT stocks face headwinds after IBM's 25% plunge; Infosys and Wipro ADRs down 3-4%.
- Oil stays above $85 as US-Iran tensions escalate, adding to macro concerns.
- Wipro and Tech Mahindra Q1 results due today; will set sector tone.
- US CPI cooled to 3.5%, easing rate hike fears; Asian markets rally.
- FIIs sold ₹740 cr, but DIIs absorbed with ₹2,928 cr in buying.
- Pharma and metals show resilience; Nifty Pharma +1%, Nifty Metal +0.6%.
Timeline
Pre-Market
IT Sector Under Pressure as IBM Misses, Oil Prices Surge; Wipro, TechM Results in Focus
- Bias: Cautious - Key signal: India VIX up 3.5% to 13.75 indicates elevated anxiety.
Sectors
- Banking
- Realty
- Auto
- It
- Pharma
- Metals
Tags
- pre-market
- nifty
- sensex
- indian markets
- market update