Market Insights — 23 Jul 2026
TopFund Research
Published 23 Jul 2026, 09:45 AM IST
IPO Market Overview
Today, the IPO market shows robust activity with several companies currently open for subscription. Notably, Indo-MIM leads the pack with an impressive GMP of 38.14%, indicating strong investor interest. Other open IPOs include Shree Balaji Mala at 22.86% and Xtranet Technologies at 10.24%.
| IPO Name | GMP (%) | Status |
|---|---|---|
| Indo-MIM | 38.14 | Open |
| Shree Balaji Mala | 22.86 | Open |
| Xtranet Technologies | 10.24 | Open |
| Lohia Corp | 8.47 | Open |
| Advance Technoforge | 3.68 | Upcoming |
Market Performance
In the listed segment, Sotefin Bharat has shown a modest gain of 1.34%, reflecting stable performance in a fluctuating market.
Commodities Update
Gold prices have seen a slight increase, currently at ₹14,652 per gram, up by 1.0%. Meanwhile, silver prices remain unchanged.
FII and DII Flows
The market has witnessed negative flows from both FIIs and DIIs today, with FIIs reporting a net outflow of ₹819.2 crore and DIIs a net outflow of ₹418.26 crore. This trend indicates a cautious approach among institutional investors.
Top Mutual Funds
Investors may want to consider some of the top-performing mutual funds. The Franklin India Short Term Income Plan has delivered an impressive 192.1% return over the past year, while the NIPPON INDIA AGGRESSIVE HYBRID FUND has also shown strong returns of 126.42% and 126.21% for its segregated portfolios.
| Fund Name | 1Y Return (%) | Rating |
|---|---|---|
| Franklin India Short Term Income Plan | 192.1 | ★★★★ |
| NIPPON INDIA AGGRESSIVE HYBRID FUND - Segregated Portfolio 1 | 126.42 | ★★★★ |
| NIPPON INDIA AGGRESSIVE HYBRID FUND - Segregated Portfolio 1 - Direct Plan | 126.21 | ★★★★ |
Recent News Highlights
- Eternal share price falls despite strong Q1 results. Is it a stock to buy today?
- IndusInd Bank share price falls over 4% after Q1 results. Opportunity to buy?
- Q1 Results Today LIVE: Infosys, Mphasis, IndiGo, Cipla, Meesho, Cyient, PVR INOX, IEX, VMM to announce Q1 results today, Eternal, Nestle, Adani Power, AGEL, Tata Comm, BPCL, HPCL, Dr Reddy's, IndusInd shares in focus.
- Oracle Financial Services share price jumps 5% on strong Q1 results: Should you buy, sell or hold?
- Infosys share price falls 1% ahead of Q1 results 2026. Should you buy or sell the IT stock?
Disclaimer: GMP is unofficial and indicative. This article is not investment advice. For live data, visit topfund.in.
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