BILKUL BAZAAR— The Daily News Wrap

• Bilkul Bazaar |
• 9:00 PM | 12 July – 13 July 2026

 National Business News Highlights

1. Retail Inflation Climbs to 4.38% in June
   India’s retail inflation rose to 4.38% in June, crossing the RBI’s 4% target for the first time in 17 months. Higher food and fuel prices were the key contributors, increasing expectations of a possible policy rate hike in the coming months.
2. Markets Eye Inflation and Global Developments
   The Indian rupee and government bond market remained cautious as investors tracked domestic inflation data and geopolitical tensions in West Asia, which continue to influence crude oil prices and currency movements.
3. SBI Funds Management Raises ₹1,655 Crore Ahead of IPO
   State Bank of India sold a 1.42% stake in SBI Funds Management to institutional investors through a pre-IPO placement, raising about ₹1,655 crore ahead of the asset manager’s public issue.
4. Stock Markets Prepare for a Data-Heavy Week
   Investors are expected to closely monitor inflation trends, global crude prices and corporate earnings as key drivers of market sentiment this week.
5. Gold Prices Ease Across Major Cities
   Gold prices witnessed a decline across leading jewellery markets, providing some relief to buyers after recent volatility in precious metals.
6. Nifty Outlook Remains Positive
   Market analysts expect the Nifty to remain range-bound with a positive bias, supported by improving technical indicators despite global uncertainties.
7. Experts Recommend Select Stocks for the Week
   Brokerages have identified stocks including GE Vernova, Apollo Hospitals and Equitas Small Finance Bank as key picks based on strong fundamentals and technical strength.
8. Rising Oil Prices Keep Investors Cautious
   Persistent tensions in the Middle East have kept crude oil prices volatile, prompting investors to remain cautious about inflation and import costs.
9. Foreign Investors Watch Indian Debt Market
   Global investors continue to monitor India’s bond market amid expectations of its potential inclusion in major global bond indices.
10. Corporate Earnings Season Takes Centre Stage
    Market participants are shifting focus to the upcoming quarterly earnings season, which is expected to provide direction to equity markets over the coming weeks.

 International Business News Update

1. Global Markets Track Middle East Tensions
   International financial markets remained volatile as geopolitical tensions in West Asia heightened concerns over energy supplies and inflation.
2. Crude Oil Prices Stay Elevated
   Oil prices continued to fluctuate amid uncertainty surrounding shipping through the Strait of Hormuz, a key global energy corridor.
3. Inflation Concerns Return Worldwide
   Higher energy and commodity prices have revived inflation concerns across major economies, with central banks expected to closely monitor price trends.
4. Global Investors Shift Towards Safe-Haven Assets
   Growing geopolitical uncertainty has increased demand for traditional safe-haven assets such as gold and government bonds.
5. Markets Await Key Economic Data
   Investors across global markets are looking ahead to inflation readings and central bank signals that could shape monetary policy expectations in the weeks ahead.

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