Markets may open flat to mildly positive on July 22, with Gift Nifty up 0.04%. Key stocks to watch include Eternal after an upbeat Q1, SBI post ₹25,000 crore QIP, Titan's Damas stake buy, and Havells after a 15% profit fall. Paytm, Colgate, Dixon, and JSW Infra will report earnings. Other highlights include major orders for Afcons, BL Kashyap, and Arisinfra.