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Indian markets opened higher on Monday, July 21, despite mixed global cues. The Nifty began the session at the 25,000 mark, indicating a positive start as investors looked ahead to a heavy earnings day and key stock-specific triggers. The Sensex also opened in the green, tracking early gains in index heavyweights.

In focus today are shares of Reliance Industries, HDFC Bank, ICICI Bank, JSW Steel, and IDFC First Bank, following their Q1 results or ahead of scheduled earnings. Among broader market movers, Dr Reddy's Laboratories, IRCON International, Sona BLW Precision Forgings, Anthem Biosciences, and Spunweb Nonwoven are likely to see action, with the latter two making their market debut.

On the currency front, the Indian rupee opened weaker at 86.26 against the US dollar, compared to Friday’s close of 86.15, reflecting cautious sentiment amid global volatility.

Early trade is expected to remain stock-specific as investors digest corporate results, IPO listings, and await further macroeconomic cues.

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