Mumbai, July 29 -- GIFT Nifty:

The GIFT Nifty July 2026 futures currently traded 238 points higher, suggesting a positive opening for the benchmark index today.

Economy:

Index of Industrial Production (IIP) expanded by 7.3% year-on-year growth in June 2026 up from 5% in May driven by a strong rebound in manufacturing activity and robust growth in the electricity and gas supply segment. Manufacturing output increased 7.8%, while the Electricity & Gas Supply segment recorded a sharp 10.6% growth during the month. Within manufacturing, 19 of the 23 industry groups recorded.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth Rs 755.33 crore, while domestic institutional investors (DIIs) were net buyers to the tune ...