Market Insights — 18 Jul 2026

IPO Trends

Today's IPO landscape is buzzing with activity, featuring several upcoming and open offerings. Notably, Caliber Mining has a strong grey market premium (GMP) of 27.36%, indicating robust investor interest. Another open IPO is Sotefin Bharat, which is currently trading with a GMP of 6.95%.

Looking ahead, we have a lineup of upcoming IPOs including Shree Balaji Mala with a GMP of 27.14%, Xtranet Technologies at 19.69%, and Gulf Lloyds with a GMP of 15.0%. These figures suggest a healthy appetite for new listings, which could bode well for market sentiment.

Gold and Silver Rates

In the commodities market, gold is currently priced at ₹14,252 per gram, reflecting a slight decrease of ₹1. Meanwhile, silver is trading at ₹180.28 per gram. Investors may want to keep an eye on these rates as they can influence overall market conditions.

FII/DII Flows

The latest data shows that Foreign Institutional Investors (FIIs) have a net outflow of ₹376.41 crore, while Domestic Institutional Investors (DIIs) have recorded a net inflow of ₹1,017.89 crore. This disparity suggests a potential shift in market dynamics, with domestic investors stepping in to support the market amidst FII selling.

Top Mutual Funds

For investors considering mutual funds, the following top performers have delivered impressive returns over the past year:

These funds have shown commendable performance and could be worth considering for those looking to enhance their portfolios.

Market News

In recent news, several major banks are set to announce their Q1 results today. Key highlights include:

• Axis Bank: Expected to maintain healthy profit and net interest income (NII) despite slight contraction in net interest margins (NIM).
• ICICI Bank: Anticipated net profit increase of 3.1% YoY to ₹13,164 crore.
• HDFC Bank: Projected net profit growth of 6% YoY, driven by strong loan growth.

Investors should stay tuned for these earnings announcements as they could significantly impact market sentiment.

Disclaimer: The GMP figures mentioned are unofficial and indicative. This briefing does not constitute investment advice. For live data and updates, visit topfund.in.