NEW DELHI, India — India’s wholesale inflation eased marginally to 9.78% in July, according to the information provided. The latest reading puts wholesale price inflation at 9.78% for the month, with the supplied report describing the movement as a marginal decline.
- Wholesale inflation stood at 9.78% in July.
- The July reading marked a marginal decline in wholesale inflation.
- The supplied material does not provide the previous month’s WPI figure or a sector-wise inflation breakdown.
- The market material also carries investor-risk disclosures covering securities, derivatives, mutual funds and unauthorised investment schemes.
India’s wholesale inflation stands at 9.78% in July
The July wholesale inflation reading was reported at 9.78%. Wholesale inflation tracks changes in prices at the wholesale level and is an important economic indicator used to assess price movements across the economy.
However, the source material supplied for this report does not provide the corresponding previous-month figure, individual component-wise inflation rates or the factors behind the marginal movement. Those details have therefore not been added.
Wholesale inflation: key data
| Indicator | July 2026 |
|---|---|
| Wholesale inflation | 9.78% |
| Monthly movement | Marginal decline |
| Previous-month WPI figure | Not provided in the supplied material |
| Sector-wise breakdown | Not provided in the supplied material |
| Basis | Wholesale price inflation |
What the supplied report does not specify
The information provided does not include separate inflation figures for primary articles, fuel and power, manufactured products or other components of the wholesale price index.
It also does not provide an explanation for the July movement or any official commentary accompanying the inflation figure. Adding such information without a supporting source could risk introducing unverified details.
Investor disclosures accompanying the market report
The supplied material includes disclosures from Upstox Securities Pvt. Ltd. It states that Upstox Securities is registered with SEBI under registration number INZ000315837, with NSE TM Code 13942, BSE TM Code 6155 and CDSL registration number IN-DP-761-2024.
The disclosure identifies Mr. Kapil Jaikalyani as the Compliance Officer. It provides the compliance email address as compliance@upstox.com and lists the registered address as 809, New Delhi House, Barakhamba Road, Connaught Place, New Delhi – 110001. The correspondence address is 30th Floor, Sunshine Tower, Senapati Bapat Marg, Dadar (West), Mumbai – 400013.
The material also identifies RKSV Commodities India Pvt. Ltd. with SEBI Registration No. INZ000015837, MCX TM Code 46510 and CIN U74900DL2009PTC189166. Its Compliance Officer is listed as Mr. Amit Lalan, with the same telephone number provided in the disclosure.
Derivatives risk disclosure
The supplied disclosure states that 9 out of 10 individual traders in the equity Futures and Options segment incurred net losses. It says loss-makers recorded an average net trading loss close to ₹50,000.
According to the disclosure, loss-makers also spent an additional 28% of their net trading losses on transaction costs. Traders who made net trading profits incurred transaction costs ranging from 15% to 50% of their profits.
| Risk disclosure | Figure stated in supplied material |
|---|---|
| Individual F&O traders incurring net losses | 9 out of 10 |
| Average net trading loss among loss-makers | Close to ₹50,000 |
| Additional transaction costs for loss-makers | 28% of net trading losses |
| Transaction costs for profitable traders | 15% to 50% of profits |
Warnings on unauthorised investment activities
Investors are cautioned against dealing in unauthorised collective investment or portfolio-management schemes, as well as schemes promising indicative, guaranteed or fixed returns or payments.
The disclosure advises investors not to share trading credentials, including login IDs, passwords and OTPs. It also cautions against sharing trading strategies or position details.
Investors are warned that leveraged products and derivatives, including options, can result in losses when traded without proper understanding. The disclosure specifically cautions against writing or selling options or using option strategies based solely on tips.
It also warns investors against unsolicited investment tips received through WhatsApp, Telegram, Instagram, YouTube, Facebook, SMS or phone calls, and against recommendations from unauthorised or unregistered investment advisers and influencers.
Mutual funds and investor protection disclosures
The supplied material states that top-rated mutual funds do not constitute investment advice and that research data is powered by Morningstar. Investors are advised to read the relevant offer documents carefully.
It further states that certain products are not exchange-traded products and that the member acts as a distributor. Disputes related to such distribution activity would not have access to the Exchange investor redressal forum or arbitration mechanism.
Investors are advised to keep their registered mobile number and email address updated with their broker and depository participant. This enables transaction alerts and other important communications.
KYC, demat and account-security guidance
The supplied disclosure says KYC is a one-time exercise when completed through a SEBI-registered intermediary, such as a broker, depository participant or mutual fund, and normally does not need to be repeated when approaching another intermediary.
Investors are advised to update their email ID and mobile number with their stockbroker or depository participant. They are also advised to check securities, mutual funds and bonds through the Consolidated Account Statement issued by NSDL or CDSL every month.
The disclosure states that stockbrokers can accept securities as margin from clients only through a pledge in the depository system. It also advises investors to use OTP-based confirmation through their registered contact details when creating a pledge.
IPO and dispute-resolution information
The supplied material says investors do not need to issue cheques while subscribing to an IPO. Instead, investors can provide their bank account number and authorise the bank to make payment if shares are allotted, while the funds remain in the investor’s account until then.
The disclosure also refers to SEBI’s Online Dispute Resolution mechanism for resolving disputes in India’s securities market through online conciliation and arbitration.
Investor complaint mechanism
For complaints through SEBI SCORES, investors are required to register on the SCORES portal. The disclosure lists name, PAN, address, mobile number and email address among the mandatory details for filing complaints.
The stated benefits of the mechanism include communication and grievance redressal. Investors are advised to read the applicable risk disclosure document, terms of use and privacy policy before using financial services.
Frequently Asked Questions
What was India’s wholesale inflation rate in July?
India’s wholesale inflation stood at 9.78% in July, according to the information supplied for this report.
Does the supplied data provide a detailed breakdown of July wholesale inflation?
No. The supplied material provides the July wholesale inflation figure of 9.78% and describes it as a marginal decline, but does not provide the previous-month rate, component-wise figures or reasons for the movement.
Financial Disclaimer: This article is for informational purposes only and does not constitute investment, financial, trading or tax advice. Investments in securities markets are subject to market risks. Investors should carefully read all relevant documents and official disclosures before making investment decisions. Derivatives and leveraged products can involve substantial losses. Readers should consult a qualified financial professional where appropriate.
Praveen Yadav is the Founder and Editor at The Nation Bulletin. With over 3 years of experience in digital journalism and news reporting, he covers national affairs, governance, and breaking current events with a commitment to factual accuracy and verified reporting.
