NIFTY50, SENSEX today: Asian market cues, US-Iran war update, FII activity, key things to know before markets open on July 13

The Indian equity benchmarks are set to stage a gap down opening on Monday, July 13, as indicated by GIFT NIFTY futures. NIFTY futures at GIFT City in Gandhinagar dropped 197 points to 24,045 amid negative cues from Asian markets after geopolitical tensions between US and Iran escalated.

The Indian stock market extended its gains for a second consecutive session on Friday mirroring strength in Asian peers, with heavy buying interest in PSU banks, IT, and realty stocks driving the rally.

The 50-share index NIFTY50 closed at the 24,206.90 level, climbing 244.10 points, or 1.02%. During the intraday period, the index had touched a high of 24,228.45.

Asian market cues

Asian markets were trading sharply lower as closure of Strait of Hormuz sent crude oil prices surging past $79 per barrel. Japan's Nikkei dropped 1.4%, China's Shanghai Composite declined 0.77% and South Korea's KOSPI tumbled 5%.

Brent crude futures rose as much as 4.45% to touch an intraday high of $79.39 per barrel.

US-Iran war update

Trump has declared the waterway open, while Iran insists it is closed, leading to a further escalation of attacks.

FII/DII activity

Foreign institutional investors (FII) bought shares worth ₹2,603.72 crore on Friday while domestic institutional investors bought stocks worth ₹2,019.68 crore, as per NSE data.

FIIs have so far this year sold shares worth ₹2,59,115 crore, data from National Securities Depository Limited (NSDL) showed.

Stocks to watch

"The Board of Directors of NTPC Limited in its meeting held today, i.e. 11th July 2026 has, inter-alia, approved investment proposal for Lara Super Thermal Power Project, Stage-III (2x800 MW) at current estimated cost of Rs 20,456.70 crore," the company said in an exchange filing on Saturday.

On June 5, the NTPC had sought bids from technology solutions players to help its sub-critical thermal power units operate at lower load and ensure flexibility for the electricity distribution network to use both thermal and renewable energy more efficiently.

As per the list of remuneration paid/payable to directors/KMPs (key managerial personnel) during 2025-26, the DLF's Chairman and whole-time director has received ₹44.06 crore remuneration for the last fiscal year against ₹36.65 crore in 2024-25.

Out of the total remuneration paid to the DLF Chairman, ₹41.74 crore has been in the form of commission.

Of this, the Chennai-based bank hopes to realise ₹500 crore during the ongoing financial year from cases listed before NCLT.

Asked about the foreign currency deposit mobilisation drive started last month, he said the bank has collected $140 million till July 9.

Earlier this week, the steel PSU and the Indonesian entity signed a memorandum of understanding to explore a joint venture to manufacture stainless steel slabs to meet the commodity's increasing demand in India.

** LTM:** Services company LTM on Saturday reported a 17.1% jump in its June quarter net profit to ₹1,468.6 crore compared to the year-ago period.

The company, promoted by EPC major Larsen & Toubro, had reported a net profit of ₹1,254.6 crore in the year-ago period, and ₹1,387.3 crore in the March quarter.

Its overall revenue grew 18% on-year in rupee terms to ₹11,608 crore during the reporting quarter, and was up 2.8% when compared with the March quarter.

The operating profit margin climbed to 15.5%, up from 14.3% in Q1FY26 and 15.1% in Q4FY26.

Its revenue from operations in April-June period advanced 15% to ₹18,795 crore from ₹16,360 crore in the year-ago period.

Avenue Supermarts posted stable operational performance as its earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 15% to ₹1,499 crore and its EBITDA margin came in at 7.98%.

The Nirma Group firm acquired the Limla plant through the acquisition of Vadraj Cement Limited (VCL) a year ago.

"We hereby inform that today July 11, 2026, Vadraj Cement Ltd (VCL), a wholly owned subsidiary of the Company, has inaugurated 2 MMTPA of the Cement grinding capacity at its Limla Cement Plant, Surat, Gujarat," said Nuvoco Vistas in a statement.