Indian markets opened firmly higher on Wednesday, with the Nifty 50 and Sensex both up over 0.8% in early trade as domestic institutions continued to absorb foreign selling and global cues turned mildly positive after Wall Street’s overnight gains. Here’s everything you need to know about markets this morning.
📈 Indian Stock Market Today
The Nifty 50 opened around 24,176 in the pre-open session before extending gains to trade near 24,185, up roughly 200 points or 0.83% on the day. The Sensex followed suit, climbing about 688 points or 0.90% to trade near 77,453. The advance came even as fresh tensions flared in West Asia overnight, with investors choosing to look past geopolitical noise and focus on a heavy Q1 earnings slate. DIIs remained net buyers of Indian equities in the cash segment through late July, cushioning the market against persistent FII outflows.
₿ Crypto Market Update
Bitcoin held above the $63,800 mark, last near $63,818, up about 1.04% over 24 hours, with a market cap of roughly $1.27 trillion. In rupee terms, BTC is trading in the ₹63–64 lakh range on Indian exchanges. Ethereum rebounded sharply after a rough patch, gaining around 2.4% to trade near $1,875 (roughly ₹1.79 lakh), clawing back part of last week’s slide. The broader crypto market cap rose about 0.4% to $2.28 trillion, though sentiment gauges still point to lingering fear ahead of this week’s US Fed commentary.
💰 Today’s Key Rates at a Glance
| Asset | Price | Change |
|---|---|---|
| Nifty 50 | 24,185 | +0.83% |
| Sensex | 77,453 | +0.90% |
| Bitcoin (BTC) | ₹63.6L / $63,818 | +1.04% (24h) |
| Ethereum (ETH) | ₹1.79L / $1,875 | +2.38% (24h) |
| Gold (24K, 10g) | ₹1,44,170 | Live rate |
| Silver (1kg) | ₹2,35,000 | Live rate |
| USD/INR | ₹95.66 | Live rate |
| Crude Oil (Brent) | $87.53/bbl | -0.94% |
📰 Top 5 Financial News Stories This Morning
- Q1 earnings season hits full swing — Asian Paints, Dabur, Colgate-Palmolive and P&G Hygiene all report results today. Brokerages expect Asian Paints revenue growth of 14–17% YoY on price hikes, though crude-linked input costs may pressure margins. Dabur is tracking double-digit revenue and profit growth with rural demand outpacing urban for a second straight quarter.
- Middle East de-escalation eases crude concerns — Reports of a mutual pause in military exchanges between the US and Iran pulled Brent crude back below key resistance levels, easing fears of a Strait of Hormuz supply disruption that had briefly rattled overnight futures.
- DIIs keep cushioning FII selling — Domestic institutions bought a net ₹2,329 crore in the cash segment on July 27, continuing a month-long pattern of absorbing foreign outflows and limiting downside volatility in Indian equities.
- Wall Street mixed as chipmakers slide — The Dow gained 0.93% and the S&P 500 added 0.13% overnight, but the Nasdaq fell 0.63% as Micron, AMD and Marvell dropped on broad semiconductor weakness following an Asian markets sell-off.
- Crypto steadies ahead of Fed meeting — Bitcoin and Ethereum both firmed up after sliding into the week, with traders repositioning ahead of this week’s US Federal Reserve commentary, seen as a key swing factor for risk assets globally.
🔍 What to Watch Today
Dabur’s earnings call is scheduled for 5 PM IST, alongside results from Asian Paints, Colgate-Palmolive and P&G Hygiene through the day. Traders will also be watching for further headlines out of West Asia and any fresh signals ahead of the US Fed’s upcoming commentary, which could set the tone for crude, crypto and broader risk sentiment into the weekend.
Data sourced from live market feeds. Last updated: 8:00 AM IST, 29 July 2026. This is for informational purposes only and not investment advice.
