Indian equity benchmarks added some losses in morning deals, as rising tensions in the West Asia kept investors cautious. Some concern also came as exchange data showed Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,121.04 crore on Monday. Traders remained cautious as data released by the Reserve Bank of India (RBI) showed India's outward foreign direct investment (FDI), measured by financial commitment, declined 47.9 per cent year-on-year (YoY) to $3 billion in June 2026 from $5.74 billion in the same month last year. On a sequential basis, outward FDI fell from $4.5 billion in May 2026. On the global front, Asian markets were trading higher despite the negative cues from Wall Street overnight, amid ongoing mediation efforts in the Middle East to revive a fragile ceasefire after reports that U.S. President Donald Trump is nearing a decision on a 10-day ceasefire to reopen the Strait of Hormuz.
The BSE Sensex is currently trading at 77471.06, down by 237.46 points or 0.31% after trading in a range of 77451.81 and 77753.18. There were 15 stocks advancing against 15 stocks declining on the index.
The top gaining sectoral indices on the BSE were Telecom up by 0.48%, Basic Materials up by 0.37%, Oil & Gas up by 0.30%, Realty up by 0.08%, FMCG up by 0.06% while, IT down by 0.53%, Healthcare down by 0.33%, Auto down by 0.30%, Capital Goods down by 0.28%, Industrials down by 0.26% were the losing indices on BSE.
The top gainers on the Sensex were Bajaj Finserv up by 1.59%, Interglobe Aviation up by 1.13%, Ultratech Cement up by 1.12%, Asian Paints up by 0.97% and Tech Mahindra up by 0.89%. On the flip side, HDFC Bank down by 1.14%, Infosys down by 1.10%, Eternal down by 1.05%, TCS down by 0.94% and Tata Steel down by 0.70% were the top losers.
Meanwhile, Reserve Bank of India (RBI) Deputy Governor Swaminathan J has urged all regulated entities to reassess their internal grievance redressal mechanisms and design complaint management systems to prevent complaints from inadvertently bypassing the Internal Ombudsman process. The deputy governor noted that at the heart of banking and financial services lies a fundamental relationship between the customer and institution.
He stated ‘Customers entrust financial institutions with their savings, their aspirations, their financial security and, increasingly, their digital lives. That relationship is sustained not only by strong balance sheets, adequate capital and advanced technology, but also by how fairly and promptly institutions respond when something goes wrong.’
He said that over the years, the RBI has not only consistently emphasised that consumer protection is integral to financial stability, but has also translated this principle into a comprehensive institutional framework through the RBI Ombudsman mechanism, the Internal Ombudsman framework and robust regulatory expectations for customer service. Together, this framework highlights the RBI's belief that a financial system can be considered truly strong when customers are confident that their concerns will be heard, examined impartially and resolved within a reasonable time.
He said ‘Every unresolved grievance carries a cost. It is not merely a financial cost. It is a cost in terms of customer confidence, institutional reputation and, ultimately, regulatory attention.’ He emphasized that, more importantly, it represents a missed opportunity for the institution to demonstrate fairness, responsiveness, and accountability.
The CNX Nifty is currently trading at 24176.90, down by 61.60 points or 0.25% after trading in a range of 24174.15 and 24262.20. There were 20 stocks advancing against 30 stocks declining on the index.
The top gainers on Nifty were Shriram Finance up by 2.38%, Bajaj Finserv up by 1.32%, Interglobe Aviation up by 1.00%, Tech Mahindra up by 0.82% and Nestle India up by 0.78%. On the flip side, HDFC Bank down by 1.31%, Infosys down by 1.29%, Max Healthcare Inst. down by 1.13%, TCS down by 1.04% and Eternal down by 1.03% were the top losers.
All Asian markets were trading higher; Nikkei 225 surged 1667.88 points or 2.6% to 65,809.00, Taiwan Weighted added 1645.78 points or 3.73% to 44,095.48, Jakarta Composite gained 88.25 points or 1.4% to 6,319.85, Shanghai Composite strengthened 36.13 points or 0.94% to 3,832.41, KOSPI increased 243.22 points or 3.6% to 6,759.49 and Straits Times rose 36.84 points or 0.67% to 5,535.79.
On the flip side, Hang Seng declined 58.05 points or 0.23% to 25,085.00.
