- The major Indian stock market indices such as the S&P BSE Sensex and Nifty 50 saw modest gains of 1.89% and 1.44% respectively in July. - Most sectors performed positively with healthcare and FMCG seeing the largest gains, while oil & gas, power, and realty declined the most. - Foreign institutional investors continued investing heavily in Indian equities, with net inflows reaching a new high of Rs. 1.59 lakh crore in July. - The market has begun paying more attention to corporate earnings and macroeconomic factors rather than just the Modi euphoria.