Both the Nifty and the Sensex began the trading day on a muted and flat note on July 21, 2026. Investors continued to track the fresh escalation in the US-Iran conflict as well as the threats of the blockade of the Red Sea. The Nifty opened at 24,216.05 and the Sensex opened at 77,649.63 . The Indian rupee opened flat as well at 96.41 to the dollar versus Monday’s close of 96.45 to the dollar. Brent Crude prices traded near 89 dollars per barrel (at the time of filing this copy).
G. Chokkalingam Head of Research at Equinomics Research told Times Now Digital, “Indian equity market is likely to remain quite stable this week starting from today. Fluctuations in benchmark indices like Sensex, Nifty could be in the range of around plus or minus 0.5% this week. On the domestic front, despite 65% of 36 sub-divisions receiving deficient rainfall, kharif sowing in terms acreage has improved remarkably. Deficit in sowing in overall cultivable land has come drastically to just around 6% from 21% deficit a couple of weeks ago. Moreover, entry of new retail investors into the domestic capital markets continue at the rate of 7 lakh per week. Hence, major market fall is most unlikely this week. In fact, small & mid cap segments may actually gain and .