Micron fell exactly 4.32% to 937.00 USD on July 13, 2026 as a global memory-chip sell-off and future capacity concerns triggered profit-taking. Read the daily analysis of Micron’s HBM outlook, valuation risks and key 902.60–907.42 USD support zone.

Geopolitical tensions involving Iran lifted Brent crude above $84 a barrel, while the Indian rupee weakened past the 96 level against the US dollar. The moves pressured India’s benchmark indices, with the Sensex and Nifty50 extending losses in afternoon trade to 0.58% and 0.56%, respectively. HCL Tech and HDFC Life were among the top drags, while defensive names such as Bharti Airtel and Cipla advanced. Investors are also watching US CPI data due this week and remarks from Federal Reserve officials.

Real-World Asset (RWA) tokens and tokenized stocks are capturing intense market focus ahead of the upcoming July 17 U.S. House field hearing on the CLARITY Act (H.R. 3633). While the tokenized equities category climbed 5.21% on structural reform expectations, liquid RWA proxies like Ondo (ONDO) remain down 2.84% at $0.3082 under short-term technical resistance.

Container Corporation of India (CONCOR) reported June-quarter container throughput of 14.048 million TEUs, up 8.9% year on year, with EXIM volumes rising 9.8% and domestic volumes up 6.2%. The company said the figures are provisional. The stock gained 5.51% on the day to Rs 489.50. Despite the move, the shares are down more than 7% in 2026 and over 21% over the past year.

Motilal Oswal reaffirmed its Buy rating on ICICI Prudential AMC and kept its target price at INR 3,800. For 1QFY27, the company reported operating revenue of INR15.6b, up 18% year on year, while PAT rose to INR9.6b, up 23% year on year and 26% quarter on quarter, helped mainly by MTM gains, according to the report. EBITDA margin was 72.4% and PAT margin was 61.7%, both improving from a year earlier. The brokerage said higher employee costs and lower debt AUM assumptions were offset by higher other income and lower operating expenses, leaving FY27/FY28 earnings estimates broadly unchanged.

India’s MCX gold August contract rose 0.93% to Rs 1,41,612 per 10 grams, while the MCX July silver contract gained 1.35% to Rs 2,20,664 per kilogram. In New York, gold futures climbed 0.70% to USD 4,030.57 per ounce and Comex silver futures added 0.86% to USD 58.15 per ounce. Analysts said the move was driven by traders opening fresh long positions, alongside steady demand and supportive trends at home and abroad.

Japan’s financial group SBI Holdings said it has entered a strategic partnership with Solana, focusing on issuing Solana-based stablecoins and developing real-world asset (RWA) tokenization projects. The collaboration includes technical integration, building a compliance framework and joint marketing to speed up the rollout of compliant digital-asset infrastructure in Japan and across Asia. SBI Digital Asset Holdings, a unit of SBI, will lead the implementation, while token names, launch timing and issuance size were not disclosed.

ICICI Prudential AMC reported Q1FY27 profit after tax of ₹9.65 billion, up 23% year-on-year but below street estimates of around ₹10.25 billion. The miss was driven by employee expenses, which jumped 45% quarter-on-quarter to ₹2.04 billion amid ESOP costs and a reversal of provisions in the prior quarter. Total mutual fund quarterly average AUM rose 18% year-on-year to ₹11.17 trillion, while management said SEBI’s recent expense ratio revisions had no earnings impact. The stock fell 2.11% to ₹3,138.10 on the NSE as of 10.34 am.