RBI Gets Green Light for Polymer ₹10 & ₹20 Notes
Govt approves RBI’s plan to issue 1 billion each of ₹10 & ₹20 polymer banknotes for field trials.
After success, regular issuance will begin.
These will run alongside paper notes — no plan to scrap traditional currency.
Aim: longer shelf life + meet rising demand. Polymer notes last much longer than paper.
Printing cost of paper notes was ₹6,372 crore in FY25.
https://t.co/yyVlVGZPDl
📊 𝗡𝗶𝗳𝘁𝘆 𝗣𝗮𝘁𝗵𝗳𝗶𝗻𝗱𝗲𝗿 | 𝟮𝟲-𝟬𝟳-𝟮𝟬𝟮𝟲
“The market can stay irrational longer than you can stay solvent, but it rarely ignores macro realities forever.”
This week, 𝗰𝗿𝘂𝗱𝗲 𝗼𝗶𝗹 became that macro reality.
The correction has now become unmistakable. 𝗡𝗶𝗳𝘁𝘆 𝗰𝗹𝗼𝘀𝗲𝗱 𝗯𝗲𝗹𝗼𝘄 𝟮𝟯,𝟴𝟬𝟬 after its fifth consecutive negative session. The biggest trigger has been the sharp spike in 𝗰𝗿𝘂𝗱𝗲 𝗼𝗶𝗹 𝗮𝗯𝗼𝘃𝗲 $𝟭𝟬𝟬/𝗯𝗮𝗿𝗿𝗲𝗹, reigniting inflation concerns, weakening the Rupee and forcing the RBI to defend the currency.
🌍 𝗚𝗹𝗼𝗯𝗮𝗹 𝗠𝗮𝗿𝗸𝗲𝘁𝘀
🇺🇸 𝗨𝗦: Wall Street ended weak as Alphabet's AI capex plans, Tesla's margin disappointment and rising bond yields weighed on sentiment.
🇪🇺 𝗘𝘂𝗿𝗼𝗽𝗲: Stable PMI data, easing UK inflation and an unchanged ECB policy supported modest gains.
🌏 𝗔𝘀𝗶𝗮: Markets remained under pressure due to Middle East tensions and soaring crude prices.
🔎 𝗪𝗵𝗮𝘁 𝗠𝗮𝘁𝘁𝗲𝗿𝗲𝗱
• Crude oil > 𝗨𝗦$𝟭𝟬𝟬
• Stronger US Dollar Index & higher Treasury yields
• Mixed global PMI readings
📈 𝗡𝗶𝗳𝘁𝘆 𝗧𝗲𝗰𝗵𝗻𝗶𝗰𝗮𝗹 𝗣𝗶𝗰𝘁𝘂𝗿𝗲
• Weekly loss: 𝟮.𝟯𝟯% (-𝟱𝟲𝟲.𝟴𝟱 pts)
• Close: 𝟮𝟯,𝟳𝟲𝟳.𝟰𝟱
• Fifth consecutive weekly decline
• Strong bearish weekly candle
𝗙𝗜𝗜 𝗣𝗼𝘀𝗶𝘁𝗶𝗼𝗻𝗶𝗻𝗴
• Index shorts: 𝟮.𝟭𝟲L ➜ 𝟮.𝟳𝟬L contracts
• FII Cash: -₹𝟳,𝟭𝟴𝟮 Cr
• DII Cash: +₹𝟴,𝟲𝟯𝟴 Cr
• Net Flow: +₹𝟭,𝟰𝟱𝟲 Cr
📊 𝗦𝗲𝗰𝘁𝗼𝗿 𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲
✅ Outperformers
• FMCG (+0.60%)
• Media (+0.40%)
• Auto (+0.40%)
❌ Underperformers
• Realty (-4.00%)
• Fin Nifty (-3.69%)
• Bank Nifty (-3.12%)
• IT (-1.57%)
🧭 𝗣𝗮𝘁𝗵𝗳𝗶𝗻𝗱𝗲𝗿 𝗩𝗶𝗲𝘄
𝗦𝗲𝗹𝗹 𝗼𝗻 𝗥𝗮𝗹𝗹𝗶𝗲𝘀 until Nifty decisively reclaims 𝟮𝟰,𝟬𝟬𝟬.
𝗦𝘂𝗽𝗽𝗼𝗿𝘁: 𝟮𝟯,𝟲𝟬𝟬-𝟮𝟯,𝟲𝟱𝟬
Break below could open 𝟮𝟯,𝟯𝟱𝟬.
𝗥𝗲𝘀𝗶𝘀𝘁𝗮𝗻𝗰𝗲: 𝟮𝟯,𝟵𝟬𝟬-𝟮𝟰,𝟬𝟱𝟬
Only a sustained close above 𝟮𝟰,𝟬𝟱𝟬 would indicate the correction is losing momentum.
📅 𝗪𝗮𝘁𝗰𝗵 𝗼𝘂𝘁 𝗳𝗼𝗿:
• Monthly & Weekly F&O expiry
• Q1 FY27 earnings
• Crude oil & Rupee movement
• FII positioning
📌 𝗕𝗼𝘁𝘁𝗼𝗺 𝗟𝗶𝗻𝗲
The market has shifted from 𝗯𝘂𝘆 𝘁𝗵𝗲 𝗱𝗶𝗽 to 𝗿𝗲𝘀𝗽𝗲𝗰𝘁 𝘁𝗵𝗲 𝘁𝗿𝗲𝗻𝗱.
Until global macros stabilise and FIIs begin covering shorts, remain selective, manage risk and avoid catching falling knives.
𝗜𝗻 𝗺𝗮𝗿𝗸𝗲𝘁𝘀, 𝗽𝗮𝘁𝗶𝗲𝗻𝗰𝗲 𝗶𝘀 𝗼𝗳𝘁𝗲𝗻 𝘁𝗵𝗲 𝗺𝗼𝘀𝘁 𝗽𝗿𝗼𝗳𝗶𝘁𝗮𝗯𝗹𝗲 𝗽𝗼𝘀𝗶𝘁𝗶𝗼𝗻.
Rahul Sharma
JM Financial Services Ltd.
Gujarat Police risked their own lives in the Valsad floods to pull people out, carry children, and keep communities safe.
No uniform can measure this courage. Thank you PI Gohil for being our shield.
#ProudOfGujaratPolice#Valsad#FloodRescue
Imagine walking into a supermarket where every packaged food had a simple health rating from A to E.
A = Better nutritional quality
E = Poor nutritional quality
Imagine seeing a chocolate bar rated E while healthier options scored much higher. Suddenly, making healthier choices becomes much simpler.
This isn't a futuristic idea. It's already a reality in France and several other European countries through Nutri-Score.
I spoke to Dr. Mathilde Touvier in Paris, the lady who started it all!
I strongly believe India also needs to adopt a front-of-pack nutrition rating system like Nutri-Score.
Let’s Make India Healthy Again!
Big Health News for India! 💉
India has approved its first dengue vaccine called QDenga by Japanese company Takeda.
The Drug Controller General of India (DCGI) cleared it for people aged 4-60 years. It is a two-dose vaccine that protects against all four types of dengue virus.
This is a major step as dengue cases are rising fast. It will help prevent the disease better than before.
https://t.co/yyVlVGZPDl
Monday the Nifty closed down 96 points at 24238. If you only read that number, you missed the whole story.
Friday the market chased the big private-bank results up on their headline profits.
Monday it turned around and sold them:
Axis Bank -5.48%, HDFC Bank -5.12%, Kotak -2.00%.
The bank it kept was the one that earned its number the hard way, ICICI, up 1.27% and green on a red day, on lending income up about 12.7%.
That is the oldest line in the market with a second half almost nobody explains.
A stock can beat and still fall, because the good news was already bought before it arrived, and because a low-quality beat funded by lower provisioning instead of more lending gets sold by the desks into the crowd still cheering the print.
And the red index hid a green market: midcaps, smallcaps and the PSU banks all closed up, 36 Nifty stocks rose against 14 that fell.
The index is a weighted average, not a headcount. Two heavyweights dragged the number red while forty names quietly rose.
Episode 85 breaks down the sell-the-news mechanic, the breadth, and the plan into today's Nifty weekly expiry, where the pin sits at 24200.
Streaming first on https://t.co/xrmg6EMgpd. Also on Apple Podcasts and Spotify.
Foreign institutions sold 4,206 crore of Indian equities yesterday, the largest cash sell of this run.
The Nifty closed down 5.75 points.
Those two facts do not sit together until you read the official participant book.
In the same session, those same institutions bought 1,994 crore of index futures and 1,308 crore of stock futures, with 2,195 crore of that in Nifty futures alone. Their index futures short reduced from 2,62,712 contracts to 2,49,886, a second consecutive session of covering. They remain long 5,34,167 stock futures and added to it.
Long the shares, short the index. That is a hedged book being re-plumbed, not an exit. The headline sell number describes almost none of what happened.
First, on the 21 July chain, call open interest at 24000 fell by 7,47,565 while writers added 7,55,040 at 24100 and 10,79,910 at 24150. Put sellers simultaneously added 14,32,080 contracts at 24050.
Resistance moved up and support moved up together.
Second, Reliance reports today after the close, roughly 8 percent of the index. Retail clients are net long 10,94,177 stock calls and adding. Proprietary desks are net short 5,26,622 and adding. Meanwhile the same proprietary desks are net long 1,26,560 index calls.
They are short the single stock story and long the tape.
India VIX closed 12.88. Under 13, into a heavyweight earnings print that lands after the bell.
All figures official EOD 16 July. Sources: NSE, BSE.
Full analysis in today's episode, free on https://t.co/xrmg6EMgpd
📊 Participant-wise Derivatives Data
🔹 Index Futures
Reduced - 2,418 Long
Reduced - 2,016 Short
Long: Short Ratio – 10:90
🔹 Stock Futures
Reduced - 7,862 Long
Added + 2,741 Short
Long: Short Ratio - 54:46
FII in index futures reduced longs & shorts
& Stock futures reduced longs and added shorts.
💰 Cash Market Update – 13 July 2026
(Includes Block Deals – Provisional Data)
DII Net : + 2,172 Cr
FII Net : - 3,062 Cr
🔗 Refer to the disclaimer https://t.co/zlHkwPuru9
Why does Horlicks claim to make you taller!
Because the goal of any brand is to “repeat what their target audience wants to hear”.
The biggest insecurity of a child is height. So these brands are making children believe that if they don't buy their product, they may not grow taller.
The reality is that many of these milk mixes are high in added sugar. Sugar doesn't make children taller, sharper, or stronger.
That's exactly why I dream of an India where every child knows how to read a food label before believing a marketing claim.
Because if we teach children how to question marketing today, they'll make better food choices for the rest of their lives.
Label Padhega India. Tabhi Swasth Banega India.