INDIGO’s MoU With CFM International, SBIFUNDS Lists At A Premium & More
- Share.Market
- 11 min read
- 21 Jul 2026
Here’s a quick wrap-up where we break down the performance of key indices, top corporate movers, and the major economic headlines of the day.
Nifty 50 and Sensex ended in the red for the 2nd consecutive session on Tuesday, 21st July, amid geopolitical tensions. On the sectoral front, the sentiment was mixed. Nifty Realty emerged as the top sectoral leader, while Nifty PSU Bank was the top loser.
Key Indices – Share Market
Today’s Top News from the Indian Share Market
KARURVYSYAKarur Vysya Bank reported strong Q1 FY27 results, with net profit surging 44.92% YoY to a record ₹756 crore. Net Interest Income grew 31.76% to ₹1,423 crore. The bank crossed the ₹1 lakh crore loan milestone, with gross advances expanding 17.13% to ₹1,04,680 crore, while maintaining pristine asset quality with GNPA at just 0.74%.
SBIFUNDSSBI Funds Management Ltd. made a positive stock market debut today, listing at a premium over its IPO issue price of ₹574. The company’s shares opened strong at ₹613.30 on the NSE, reflecting a 6.85% gain, and at ₹610 on the BSE, marking a 6.27% increase for initial investors.
EMCUREEmcure Pharmaceuticals will expand the use of Poviztra® (innovator semaglutide) for treating non-cirrhotic MASH after the CDSCO approved Wegovy® for this indication. Manufactured by Novo Nordisk, it becomes the first GLP-1 receptor agonist approved in India for MASH. Emcure will distribute the treatment through its subsidiary, Zuventus Healthcare, to address significant unmet medical needs among patients with liver disease.
GESHIPGreat Eastern Shipping Company delivered its 2009-built LR2 product tanker, “Jag Lokesh,” to buyers on July 21, 2026, following a sale contracted in Q2 FY27. Post-delivery, GE Shipping’s owned fleet stands at 40 vessels—comprising 25 tankers and 15 dry bulk carriers—with an aggregate capacity of 3.24 million deadweight tonnage (dwt).
INDIGOInterGlobe Aviation (IndiGo) signed a landmark MoU with CFM International for over 1,000 LEAP-1A engines to power 510 Airbus A320neo family aircraft. This marks the largest single order in CFM’s history. The agreement also includes CFM’s extensive support for establishing IndiGo’s upcoming engine maintenance, repair, and overhaul (MRO) facility and a long-term material services agreement.
Broader Market Performance Today
INDIA VIXTop Performing Sectors Today
Top Gainers
| Company | Today’s Chg | LTP |
|---|---|---|
 Nifty RealtyNIFTY REALTY | +1.07%+9.85 | 927.35 |
 Nifty AutoNIFTY AUTO | +0.93%+252.25 | 27280.60 |
 Nifty MetalNIFTY METAL | +0.63%+79.55 | 12623.30 |
*Prices shown may have delay up-to 15 minutes
Today’s Top Gainers and Losers
Top Gainers
*Prices shown may have delay up-to 15 minutes
FII DII Activity (₹ Cr)
| Date | FII (Net Value) | DII (Net Value) |
| 20 Jul 2026 | -1,121.04 | 1,312.03 |
| 17 Jul 2026 | -376.41 | 1,017.89 |
| 16 Jul 2026 | -4,205.56 | 2,986.41 |
| 15 Jul 2026 | -735.83 | 704.93 |
| 14 Jul 2026 | -739.69 | 2,927.71 |
| Month-to-Date | -5,667.91 | 22,386.04 |
What’s Happening Beyond Markets?
- As per the DPIIT, the revised Index of Core Industries with a new 2022-23 base year recorded 5% growth for June 2026. The index now includes iron ore, expanding to nine core sectors, with electricity driving overall expansion.
- Domestic airlines carried 864.04 lakh passengers in the first half of 2026. This marks a 1.44% increase compared to the same period last year, highlighting steady passenger volume growth in the aviation sector.
- According to the Ministry of Coal, 42 coal mines have been scientifically closed for the first time. The upcoming ‘AAROH’ report details this ecological restoration, alongside a new technical cooperation agreement signed with Germany’s GIZ for sustainable practices.
- India aims to achieve a 100 million tonnes coal gasification capacity by 2030. A newly approved ₹37,500 crore scheme offers up to 20% financial incentives on plant costs to attract necessary private investments.
Corporate Actions
Ex Date and Record Date: 23 July 2026
To qualify for a dividend, investors must buy shares before the ex-dividend date. This accommodates the trade settlement period, ensuring that they are officially registered as shareholders by the record date.
| Stock | Event Type | Event Details |
| Afcons Infrastructure Ltd. | Dividend | Final Dividend, ₹2.00 |
| Esab India Ltd. | Dividend | Final Dividend, ₹25.00 |
| ICRA Ltd. | Dividend | Final Dividend, ₹70.00 Special Dividend, ₹35.00 |
| Oberoi Realty Ltd. | Dividend | Interim Dividend, ₹2.00 |
| Pidilite Industries Ltd. | Dividend | Final Dividend, ₹11.50 |
| Sudeep Pharma Ltd. | Dividend | Final Dividend, ₹1.50 |
IPO Corner: Mainboard
Active & Upcoming IPOs
| Company | Date | Total Issue Size | Issue Price | Minimum Investment | Subscription Status |
| Caliber Mining & Logistics Ltd. | 17 to 21 Jul, 2026 | ₹450 Cr | ₹402 to ₹424 | ₹14,070 | N/A |
| Cube Highways Trust InvIT | 22 to 24 Jul, 2026 | ₹5,000 Cr | ₹151 to ₹152 | ₹14,345 | N/A |
Listing Update
| Company | Issue Price | Listing Price (NSE) | Premium | Listing Price (BSE) | Premium |
| SBI Funds Management Ltd. | ₹574.00 | ₹613.30 | 6.85% | ₹610.00 | 6.27% |
Upcoming Results (Nifty 500 Stocks) – July 22, 2026
- Adani Power Ltd.
- Eternal Ltd.
- Nestle India Ltd.
- Adani Green Energy Ltd.
- Bharat Petroleum Corporation Ltd.
- JSW Energy Ltd.
Result Update
Track who beat or missed street estimates
| Stock | Revenue from Operations Q1 FY27 (Estimated) | Revenue from Operations Q1 FY27 (Actual) | Change |
| UltraTech Cement Ltd. | ₹23,939.10 cr | ₹24,648.20 cr | 🔼 2.96% |
| Shyam Metalics and Energy Ltd. | ₹5,478.88 cr | ₹6,518.19 cr | 🔼 18.97% |
| TVS Motor Company Ltd. | ₹13,467.33 cr | ₹16,295.52 cr | 🔼 21.00% |
Caliber Mining & Logistics IPO Review
Back to Basics
Terms that put you one step ahead – every day
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The NSE Academy Certification in Financial Markets (NCFM) is an online testing and certification program designed to validate your practical knowledge of the stock market. Think of it like getting a driver’s license before hitting the financial highway. Just as you wouldn’t drive without knowing the rules of the road, the NCFM ensures you understand how trading, mutual funds, and derivatives actually work.
Administered by the National Stock Exchange (NSE), it offers various modules, from beginner-friendly financial literacy to advanced options trading. For everyday investors, studying for an NCFM module is a great way to graduate from relying on “hot tips” to making informed, independent decisions. Alternatively, if you use a broker, checking for this certification proves they have the baseline, verified expertise needed to handle your hard-earned money.
Learn more: https://www.share.market/buzz/learn/ncfm-course/
Before You Go…
Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.
We’ll be back to cut through the noise, so you can focus on investing intelligently.
