Indian markets opened flat on Tuesday as a sharp overnight crude oil retreat offset a brutal global sell-off in semiconductor stocks, with the Nifty slipping below the 24,000 mark ahead of today’s monthly F&O expiry. Here’s everything you need to know about markets this morning.
📈 Indian Stock Market Today
The Sensex opened nearly flat, down 4 points at 76,831.75, while the Nifty 50 dipped 24.7 points to open at 23,971.25. IT stocks were the standout gainers, with the Nifty IT index surging around 2% as TCS, Infosys, Tech Mahindra, HCL Tech and Hindustan Unilever led the Sensex pack — TCS alone was up 2.6% in early trade. Energy stocks lagged as crude prices tumbled. On the institutional flows front, FIIs remained net sellers at ₹1,688.23 crore on July 27, while DIIs continued to absorb the pressure with net buying of ₹2,329.14 crore, extending a pattern that has cushioned the market through much of July.
₿ Crypto Market Update
Bitcoin traded around $63,173 (approx. ₹61.0 lakh), down 2.82% over the last 24 hours, while Ethereum slipped to $1,872 (approx. ₹1.81 lakh), off about 3.75% on the day. The broader crypto market cap stood near $2.26 trillion, down 1.6%, with 24-hour trading volume around $65.7 billion — a risk-off tone that mirrored the selling seen in global equities overnight.
💰 Today’s Key Rates at a Glance
| Asset | Price | Change |
|---|---|---|
| Nifty 50 | 23,971.25 | -0.10% |
| Sensex | 76,831.75 | ~flat |
| Bitcoin (BTC) | ₹61.0L / $63,173 | -2.82% (24h) |
| Ethereum (ETH) | ₹1.81L / $1,872 | -3.75% (24h) |
| Gold (10g, 24K) | ₹1,45,900 | Marginally lower |
| Silver (1kg) | ₹2,40,000 | Steady |
| USD/INR | ₹96.57 | Range-bound |
| Crude Oil (Brent) | $90.28 | -8.23% |
📰 Top 5 Financial News Stories This Morning
- Nifty, Sensex open flat as mixed global cues weigh on sentiment — Both benchmarks opened little changed on Tuesday, with the Nifty slipping under 24,000 as investors stayed cautious ahead of the monthly F&O expiry, which typically brings elevated intraday volatility.
- Brent crude craters over 8% on US-Iran de-escalation — Oil prices tumbled to $90.28/barrel after reports that the US paused military action against Iran and Tehran halted retaliatory strikes, easing a geopolitical risk premium that had pushed crude up nearly 40% earlier this month. Cheaper oil is a tailwind for India’s import bill and inflation outlook.
- FIIs keep selling, DIIs keep buying — Foreign institutional investors offloaded ₹1,688 crore of Indian equities on July 27, extending a multi-week selling streak, but domestic institutional investors absorbed the supply with ₹2,329 crore of net buying, keeping the market’s downside in check.
- Global chip stocks crash, dragging Asian markets lower — SK Hynix plunged as much as 13% and Samsung Electronics fell up to 10% after a rival’s underwhelming market debut, sending South Korea’s Kospi down roughly 9% and Japan’s Nikkei down nearly 4%. Indian IT stocks bucked the regional trend, rallying on relative-value buying.
- Wall Street ends mixed ahead of Fed decision — The Dow rose 0.51% to 52,210 and the S&P 500 was roughly flat at 7,413, but the Nasdaq slipped 0.18% to 24,932 as semiconductor weakness offset relief from falling oil prices. Investors are bracing for the US Federal Reserve’s rate decision on Wednesday.
🔍 What to Watch Today
All eyes are on the US Federal Reserve’s interest rate decision due Wednesday, which will set the tone for global risk appetite this week. Back home, today’s monthly F&O expiry is likely to keep the Nifty and Sensex choppy through the session. Also watch for continued spillover from the Asian semiconductor sell-off, which could pressure global tech and IT-linked trades even as Indian IT majors have so far shown resilience.
Data sourced from live market feeds. Last updated: 8:00 AM IST, 28 July 2026. This is for informational purposes only and not investment advice.
