Closing Bell: Nifty below 24,600, Sensex down 586 pts; pharma worst hit

Indian equity indices ended on a weak note with Nifty below 24,600 on August 1. At close, the Sensex was down 585.67 points or 0.72 percent at 80,599.91, and the Nifty was down 203 points or 0.82 percent at 24,565.35.

We wrap up today's edition of the Moneycontrol live market blog, and will be back Monday morning with all the latest updates and alerts. Please visit https://www.moneycontrol.com/markets/global-indices for all the global market action.

After showing high volatility on Thursday, Nifty slipped into a sharp weakness amidst choppy movement on Friday and closed the day lower by 203 points.

A long negative candle was formed on the daily chart on Friday at the new swing lows beside the long bull candle of previous session. Technically, this market action is suggesting inherent weakness in the market to sustain the bounces.

Nifty is currently placed near the crucial support of around 24500 levels (multiple swing lows of May-June 25), but the sustainable recovery has not emerged from near the supports so far. Bearish lower highs and lower lows pattern is intact on the daily chart.

Nifty on the weekly chart formed a reasonable negative candle this week, which is for the fifth consecutive bearish candle formation on the trot. The previous sharp upside breakout of larger range movement of last month has been completely negated and the market slipped below the immediate support zone of 24600 mark.

The underlying trend of Nifty remains weak. A decisive move below the support of 24500, Nifty could slide down towards the next lower area of 24100-24000 levels in the near term. Immediate resistance is placed at 24950 levels.

The Indian equity market extended its decline for the fifth consecutive week due to prevailing concerns regarding tariffs and macroeconomic developments during the earnings season. The benchmark index initially endeavored to achieve stability; however, market selling pressure ultimately prevailed, resulting in a downturn ahead of the weekend. As a result, the Nifty50 index decreased by an additional 1.09 percent on a week-over-week basis, closing around the 24560 zone.

From a technical standpoint, the current chart reflects a distinct and concerning pattern characterized by lower lows and lower highs, which is apparent in the daily time frame structure. The recent decline below the 100-DEMA has raised significant alarm, indicating potential vulnerability in the market, suggesting a rather bleak outlook for the benchmark index in the intermediate term. The next support level, projected to be around 24500-24470, is expected to act as a buffer, providing some stability against further declines. Additionally, the bullish gap of 24380 is anticipated to be in proximity in the coming week, with a high possibility of being challenged.

On the higher end, a series of resistance is seen from the 24800 to 24950 range (confluence of 50 DEMA and 61.80% Fibonacci retracement), which has restricted every single recovery attempt in the week. And till these levels are authoritatively reclaimed, one must refrain from being complacent.

As we move forward, the prevailing sentiment indicates a challenging environment, particularly considering the ongoing tariff uncertainty. Concurrently, the forthcoming MPC meeting and its outcomes are anticipated to function as significant catalysts in shaping domestic market trends; thus, it is essential to closely observe the developments and their subsequent implications. In the interim, investors should exercise caution by refraining from making aggressive positions and instead focus on accumulating securities with strong fundamental attributes, considering their long-term investment potential.

Markets began the August series on a negative note, extending the prevailing corrective trend, and ended lower by over half a percent. The first half of the session remained range-bound, with Nifty oscillating in a narrow band. However, selling pressure in heavyweights during the final hours dragged the index below its medium-term moving average—the 100-day EMA—near the 24,600 mark, eventually settling at 24,565.35.

On the sectoral front, pharma, metal, and IT were among the top losers. The broader indices also witnessed sharp cuts, each losing nearly 1.5%, resulting in a significant decline in market breadth.

Markets continue to grapple with a mixed earnings season, while the recent tariff announcement and persistent foreign fund outflows are further weighing on sentiment.

Nifty is now approaching its next crucial support at 24,450; a breach of this level could trigger a retest of the long-term moving average, the 200-day EMA, near 24,180. On the upside, the 24,800–25,000 zone is expected to act as a strong hurdle. We maintain our cautious stance and continue to recommend a hedged approach with a negative bias until clear signs of reversal emerge.

Nifty witnessed another sharp decline as it failed to reclaim the 200-DMA on the hourly chart, despite a strong recovery on Thursday. Throughout the day, the index remained below the 50-EMA on the hourly timeframe. On the daily chart, it has broken below the recent consolidation support at 24,600.

Sentiment remains weak, with the potential for the correction to extend towards 24,400–24,450. A further decline is likely if it slips below 24,400; otherwise, a recovery can be expected. On the higher side, resistance is seen at 24,600–24,650 and 24,850.

Rupee traded positive by 10 paise at 87.53, though overall sentiment remained under pressure as the dollar index approached the 100 mark and the U.S. imposed a 25% tariff on India. Persistent weakness in the capital markets amid ongoing tariff concerns continues to weigh on the rupee. Additionally, market participants are closely watching today’s key U.S. data releases—Non-Farm Payrolls and Unemployment Rate—which could significantly influence the dollar’s direction. The rupee is expected to remain volatile within a range of 87.25 to 88.

Gold traded weak by Rs 350 at Rs 97,700 in MCX, tracking softness in Comex gold which hovered near $3290. The decline comes amid pressure from the U.S. Fed’s continued hawkish stance and no indication of near-term rate cuts, which has dampened sentiment for safe-haven assets. Additionally, key U.S. data due later today is keeping participants cautious. Gold is expected to remain volatile within the range of Rs 97,000-98,500.

#1 Market falls for 5th straight week, longest losing streak in 2 years

#2 More than 35 Nifty stocks post losses this week

#3 Sensex & Nifty fall 1% each, Nifty Bank & Midcap index down 2% each

#4 Except FMCG, all sectoral indices slip, realty, defence & metal top losing indices

The Indian equity market extended its decline for a second day, pressured by renewed tariff threats and punitive duties that could undermine India’s global trade competitiveness. Investor sentiment weakened further as FIIs now hold the second-highest net short position in derivatives, reflecting elevated caution. Globally, markets turned negative amid rising U.S. inflation and trade tensions.

While the sell-off was broad-based, FMCG stocks emerged as a defensive play, supported by attractive valuations, resilient demand, and relative immunity to external trade disruptions.

Indian rupee ended higher at 87.52 per dollar on Friday versus Thursday's close of 87.60.

Indian equity indices ended on a weak note with Nifty below 24,600 on August 1.

At close, the Sensex was down 585.67 points or 0.72 percent at 80,599.91, and the Nifty was down 203 points or 0.82 percent at 24,565.35. About 1264 shares advanced, 2582 shares declined, and 154 shares unchanged.

Biggest Nifty losers were Sun Pharma, Dr Reddy's Labs, Adani Enterprises, Tata Steel, Cipla, while gainers included Trent, Asian Paints, Hero MotoCorp, HUL, Nestle.

Except FMCG, all other sectoral indices ended in the red with auto, realty, pharma, IT, metal, oil & gas, PSU Bank, telecom down 0.5-2 percent.

The BSE midcap index fell 1.3 percent and smallcap index shed 1.6 percent.

QIB – 124.15 times

NII - 54.91 times

Retail – 18.45 times

Employee - 16.13 times

Overall – 56.30 times

QIB – 12.55 times

NII - 34.56 times

Retail – 27.99 times

Employee -6.62 times

Overall – 21.27 times

Diversified FMCG-to-cigarettes conglomerate ITC will report its earnings for the first quarter of the current fiscal year on August 1, 2025. The FMCG player is likely to report the highest revenue among all its listed peers.

According to a Moneycontrol poll of eight brokerages, ITC is likely to report revenue of Rs 17,718 crore, rising 4.2 percent year-on-year compared to Rs 17,000 crore in the April to June quarter of FY25.

Net profit is likely to come in at Rs 5,000 crore in Q1FY26 as against Rs 4,921 crore in the year-ago period, a growth of one percent. Read More

The Sensex was down 437.25 points or 0.54 percent at 80,748.33, and the Nifty was down 154.80 points or 0.62 percent at 24,613.55. About 1217 shares advanced, 2298 shares declined, and 115 shares unchanged.

Hyundai Motor India has achieved total monthly sales of 60,073 units (domestic: 43,973 units + exports: 16,100 units), in July 2025.

SUVs contributed 71.8% to monthly domestic sales in July 2025, highest ever since inception.

Bikash Kumar Dutt has resigned from his position as Chief Financial Officer (CFO) of the company, effective July 31.

Alfa Transformer was quoting at Rs 62.87, down Rs 0.81, or 1.27 percent.

It has touched an intraday high of Rs 65.35 and an intraday low of Rs 62.87.

In the previous trading session, the share closed down 0.58 percent or Rs 0.37 at Rs 63.68.

The share touched a 52-week high of Rs 162.95 and a 52-week low of Rs 59.93 on 11 November, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 61.42 percent below its 52-week high and 4.91 percent above its 52-week low.

Market capitalisation stands at Rs 57.53 crore.

Safari Industries (India) was quoting at Rs 2,125.00, up Rs 31.25, or 1.49 percent.

It has touched an intraday high of Rs 2,182.15 and an intraday low of Rs 2,015.00.

In the previous trading session, the share closed up 2.67 percent or Rs 54.50 at Rs 2,093.75.

The share touched a 52-week high of Rs 2,837.20 and a 52-week low of Rs 1,781.00 on 16 December, 2024 and 01 April, 2025, respectively.

Currently, the stock is trading 25.1 percent below its 52-week high and 19.31 percent above its 52-week low.

Market capitalisation stands at Rs 10,388.27 crore.

QIB – 27.34 times

NII - 31.50 times

Retail – 6.95 times

Emplyees - 12.69 times

Overall – 18.02 times

MCA's prelim inquiry against IndusInd reveals violations of corporate governance & companies act

Government may refer detailed inquiry against IndusInd Bank to other regulators & agencies as well

Coal India was quoting at Rs 373.90, down Rs 2.55, or 0.68 percent.

It has touched an intraday high of Rs 381.15 and an intraday low of Rs 370.80.

It was trading with volumes of 584,154 shares, compared to its five day average of 471,592 shares, an increase of 23.87 percent.

In the previous trading session, the share closed down 0.90 percent or Rs 3.40 at Rs 376.45.

The share touched a 52-week high of Rs 544.70 and a 52-week low of Rs 349.20 on 26 August, 2024 and 17 February, 2025, respectively.

Currently, the stock is trading 31.36 percent below its 52-week high and 7.07 percent above its 52-week low.

Market capitalisation stands at Rs 230,424.41 crore.

The company's subsidiary, Deepak Chem Tech, has issued 50 lakh 9% Optionally Convertible Redeemable Preference Shares (OCRPS), with a face value of Rs 100 each, aggregating to Rs 50 crore, to the parent company.

Deepak Nitrite was quoting at Rs 1,816.45, down Rs 26.15, or 1.42 percent.

It has touched an intraday high of Rs 1,855.90 and an intraday low of Rs 1,813.50.

It was trading with volumes of 10,777 shares, compared to its five day average of 13,192 shares, a decrease of -18.31 percent.

In the previous trading session, the share closed down 2.39 percent or Rs 45.20 at Rs 1,842.60.

The share touched a 52-week high of Rs 3,146.30 and a 52-week low of Rs 1,780.50 on 09 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 42.27 percent below its 52-week high and 2.02 percent above its 52-week low.

Market capitalisation stands at Rs 24,775.11 crore.

GlaxoSmithKline Pharmaceuticals was quoting at Rs 2,930.75, down Rs 227.40, or 7.20 percent.

It has touched an intraday high of Rs 3,180.00 and an intraday low of Rs 2,916.00.

It was trading with volumes of 6,834 shares, compared to its five day average of 1,892 shares, an increase of 261.13 percent.

In the previous trading session, the share closed down 1.14 percent or Rs 36.55 at Rs 3,158.15.

The share touched a 52-week high of Rs 3,515.95 and a 52-week low of Rs 1,924.30 on 05 June, 2025 and 03 February, 2025, respectively.

Currently, the stock is trading 16.64 percent below its 52-week high and 52.3 percent above its 52-week low.

Market capitalisation stands at Rs 49,648.67 crore.

#1 EBITDA fell 11 percent YoY as the big ASP improvement was offset by drop in margin

#2 Optimistic on demand, but cut FY25-28 industry volume CAGR from 8 percent to 6 percent

#3 Continued fall in its PV market share is a concern

#4 Company will launch a new ICE SUV in FY26, exports are growing strong

#5 Expect 12 percent EPS CAGR over FY25-28

#1 Net profit At Rs133 Cr Vs Rs236 Cr (YoY)

#2 Revenue Down 8.7% At Rs665 Cr Vs Rs728 Cr (YoY)

#3 EBITDA Down 61.2% At Rs43 Cr Vs Rs113 Cr (YoY)

#4 Margin At 6.5% Vs 15.5% (YoY)

#1 Total PV Sales Up 7.5% At 978 Units Vs 910 Units YoY

#2 Total CV Sales Up 53.2% At 449 Units Vs 293 Units YoY

#1 Total Domestic Sales Down 1.5% At 1.48 Lk Units Vs 1.51 Lk Units (YoY)

#2 Total Exports Up 32.3% At 31,745 Units Vs 23,985 Units (YoY)

#1 Net profit At Rs22.20 Cr Vs Rs28.60 Cr (YoY)

#2 Revenue Up 1.40% At Rs223 Cr Vs Rs220 Cr (YoY)

#3 EBITDA Down 4.2% At Rs69 Cr Vs Rs72 Cr (YoY)

#4 Margin At 31% Vs 33% (YoY)

#1 Net profit for June quarter up 9% YoY to Rs 159 crore

#2 Revenue up 3% YoY to Rs 2010 crore

#1 Revenue up 19% YoY to Rs 339 crore

#2 Total costs Rs 254 crore, up 5% YoY

Multi Commodity Exchange of India was quoting at Rs 7,674.50, down Rs 20.30, or 0.26 percent.

It has touched an intraday high of Rs 7,720.05 and an intraday low of Rs 7,536.20.

It was trading with volumes of 23,503 shares, compared to its five day average of 21,151 shares, an increase of 11.12 percent.

In the previous trading session, the share closed down 1.35 percent or Rs 105.00 at Rs 7,694.80.

The share touched a 52-week high of Rs 9,110.00 and a 52-week low of Rs 4,075.05 on 01 July, 2025 and 05 August, 2024, respectively.

Currently, the stock is trading 15.76 percent below its 52-week high and 88.33 percent above its 52-week low.

Market capitalisation stands at Rs 39,138.70 crore.

Indian rupee is trading higher by 17 paise at 87.43 per dollar versus Thursday's close of 87.60.

Tata Motors sales in the domestic & international market for July 2025 stood at 69,131 units, compared to 71,996 units during July 2024.

Tata Motors was quoting at Rs 652.85, down Rs 13.20, or 1.98 percent.

It has touched an intraday high of Rs 668.95 and an intraday low of Rs 649.45.

It was trading with volumes of 4,829,500 shares, compared to its five day average of 1,003,887 shares, an increase of 381.08 percent.

It was trading with volumes of 4,829,500 shares, compared to its thirty day average of 703,529 shares, an increase of 586.47 percent.

In the previous trading session, the share closed down 0.35 percent or Rs 2.35 at Rs 666.05.

The share touched a 52-week high of Rs 1,142.00 and a 52-week low of Rs 542.55 on 29 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 42.83 percent below its 52-week high and 20.33 percent above its 52-week low.

Market capitalisation stands at Rs 240,360.46 crore.

QIB – 20.68 times

NII - 43.66 times

Retail – 16.03 times

Employee - 14.43 times

Overall – 23.24 times

Axis Bank was quoting at Rs 1,067.70, down Rs 0.60, or 0.06 percent.

It has touched an intraday high of Rs 1,070.80 and an intraday low of Rs 1,060.25.

It was trading with volumes of 2,103,095 shares, compared to its five day average of 212,021 shares, an increase of 891.93 percent.

In the previous trading session, the share closed down 0.46 percent or Rs 4.95 at Rs 1,068.30.

The share touched a 52-week high of Rs 1,281.75 and a 52-week low of Rs 934.00 on 27 September, 2024 and 27 January, 2025, respectively.

Currently, the stock is trading 16.7 percent below its 52-week high and 14.31 percent above its 52-week low.

Market capitalisation stands at Rs 331,191.42 crore.

QIB – 3.49 times

NII - 23.82 times

Retail – 22.73 times

Employee - 5.95 times

Overall – 12.49 times

#1 Profit soars 32.7% to Rs 116.4 crore Vs Rs 87.7 crore, YoY

#2 Revenue jumps 12.5% to Rs 760.8 crore Vs Rs 676.5 crore, YoY

It has touched an intraday high of Rs 584.80 and an intraday low of Rs 557.15.

It was trading with volumes of 190,568 shares, compared to its five day average of 23,980 shares, an increase of 694.70 percent.

In the previous trading session, the share closed down 0.50 percent or Rs 2.75 at Rs 543.80.

The share touched a 52-week high of Rs 736.60 and a 52-week low of Rs 485.15 on 01 October, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 21.91 percent below its 52-week high and 18.56 percent above its 52-week low.

Market capitalisation stands at Rs 13,805.35 crore.

Transformers and Rectifiers India was quoting at Rs 532.75, up Rs 21.95, or 4.30 percent.

It has touched an intraday high of Rs 534.00 and an intraday low of Rs 507.95.

It was trading with volumes of 106,326 shares, compared to its five day average of 51,745 shares, an increase of 105.48 percent.

In the previous trading session, the share closed down 0.21 percent or Rs 1.05 at Rs 510.80.

The share touched a 52-week high of Rs 650.23 and a 52-week low of Rs 299.00 on 08 January, 2025 and 19 September, 2024, respectively.

Currently, the stock is trading 18.07 percent below its 52-week high and 78.18 percent above its 52-week low.

Market capitalisation stands at Rs 15,991.33 crore.

QIB – 2.74 times

NII - 27.68 times

Retail – 6.49 times

Emplyees - 12.04 times

Overall – 11.96 times

Girish Kousgi has resigned as Managing Director and Chief Executive Officer of the company to pursue opportunities outside, effective October 28, 2025.

PNB Housing Finance was quoting at Rs 814.80, down Rs 171.40, or 17.38 percent.

It has touched an intraday high of Rs 887.60 and an intraday low of Rs 807.00.

It was trading with volumes of 1,173,456 shares, compared to its five day average of 27,502 shares, an increase of 4,166.83 percent.

In the previous trading session, the share closed down 0.04 percent or Rs 0.35 at Rs 986.20.

The share touched a 52-week high of Rs 1,201.45 and a 52-week low of Rs 746.10 on 13 September, 2024 and 28 February, 2025, respectively.

Currently, the stock is trading 32.18 percent below its 52-week high and 9.21 percent above its 52-week low.

Market capitalisation stands at Rs 21,221.65 crore.

Suzlon Group, India’s no.1 wind solutions provider, has secured a 381 MW order from Zelestra India and its affiliates, marking a strategic milestone in Zelestra’s clean energy journey with their first-ever FDRE project.

The 381 MW project, involving 127 of Suzlon’s S144 turbines, will be spread across Maharashtra (180 MW), Madhya Pradesh (180 MW), and Tamil Nadu (21 MW). The project is a part of SJVN’s FDRE bid in Maharashtra and MP, while the Tamil Nadu portion will serve Commercial & Industrial (C&I) power consumers.

#1 Profit rises 4.6% to Rs 148.4 crore Vs Rs 141.8 crore, YoY

#2 Revenue increases 2.4% to Rs 1,533.4 crore Vs Rs 1,497.7 crore, YoY

Eicher Motors was quoting at Rs 5,600.40, up Rs 129.80, or 2.37 percent.

It has touched an intraday high of Rs 5,669.85 and an intraday low of Rs 5,470.00.

It was trading with volumes of 88,638 shares, compared to its five day average of 4,695 shares, an increase of 1,787.76 percent.

In the previous trading session, the share closed down 0.20 percent or Rs 10.90 at Rs 5,470.60.

The share touched a 52-week high of Rs 5,907.85 and a 52-week low of Rs 4,500.00 on 22 April, 2025 and 08 October, 2024, respectively.

Currently, the stock is trading 5.2 percent below its 52-week high and 24.45 percent above its 52-week low.

Market capitalisation stands at Rs 153,589.51 crore.

The prices of all Ferro grades of manganese ore with Manganese content of Mn- 44% and above have been increased by 3% for the month of August, 2025.

The prices of all other Ferro grades of manganese ore with Manganese content below Mn-44% have been increased by 3% for the month of August, 2025.

The Minerals & Metals (M&M) business vertical of L&T has secured an order from Hindustan Zinc for a large engineering, procurement and construction (EPC) opportunity concluded earlier.

As part of its expansion plans, HZL is establishing a 250 KTPA Leaching, Purification & Cellhouse facility, along with a 125 KTPA Jarosite Circuit at its Debari Smelter Complex in Rajasthan. The facility will produce Special High Grade Zinc Cathodes (99.995% Zn).

The authorised Committee of the Board of Directors of the bank has approved the preferential allotment of 81,26,94,722 CCPS of face value of Rs 10 each fully paid-up, at an issue price of Rs 60 per CCPS to Currant Sea Investments B.V., aggregating to Rs 4,876 crore (rounded-off).

Ratnamani Metals and Tubes was quoting at Rs 2,617.00, down Rs 34.15, or 1.29 percent.

It has touched an intraday high of Rs 2,697.00 and an intraday low of Rs 2,617.00.

In the previous trading session, the share closed down 1.46 percent or Rs 39.20 at Rs 2,651.15.

The share touched a 52-week high of Rs 3,971.80 and a 52-week low of Rs 2,338.00 on 13 September, 2024 and 28 February, 2025, respectively.

Currently, the stock is trading 34.11 percent below its 52-week high and 11.93 percent above its 52-week low.

Market capitalisation stands at Rs 18,343.08 crore.

#1 Profit declines 18.1% to Rs 444.6 crore Vs Rs 543 crore, YoY

#2 Revenue grows 24.5% to Rs 3,570.4 crore Vs Rs 2,868 crore, YoY

#1 Profit sinks 68.6% to Rs 43 crore Vs Rs 137 crore, YoY

#2 Revenue falls 9.5% to Rs 1,676 crore Vs Rs 1,851 crore, YoY

Aarti Industries was quoting at Rs 411.00, down Rs 9.10, or 2.17 percent.

It has touched an intraday high of Rs 417.50 and an intraday low of Rs 408.15.

It was trading with volumes of 220,064 shares, compared to its five day average of 149,229 shares, an increase of 47.47 percent.

In the previous trading session, the share closed down 5.75 percent or Rs 25.65 at Rs 420.10.

The share touched a 52-week high of Rs 767.10 and a 52-week low of Rs 347.35 on 12 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 46.42 percent below its 52-week high and 18.32 percent above its 52-week low.

Market capitalisation stands at Rs 14,900.94 crore.

#1 Profit tanks 37.9% to Rs 504.5 crore Vs Rs 811.9 crore, YoY

#2 Revenue drops 20.3% to Rs 1,201.5 crore Vs Rs 1,508.2 crore, YoY

Great Eastern Shipping Company was quoting at Rs 923.10, down Rs 13.45, or 1.44 percent.

It has touched an intraday high of Rs 935.55 and an intraday low of Rs 920.60.

It was trading with volumes of 10,731 shares, compared to its five day average of 13,720 shares, a decrease of -21.78 percent.

In the previous trading session, the share closed down 0.91 percent or Rs 8.60 at Rs 936.55.

The share touched a 52-week high of Rs 1,418.00 and a 52-week low of Rs 797.25 on 19 August, 2024 and 04 March, 2025, respectively.

Currently, the stock is trading 34.9 percent below its 52-week high and 15.79 percent above its 52-week low.

Market capitalisation stands at Rs 13,178.84 crore.

#1 Profit declines 32.8% to Rs 69.5 crore Vs Rs 103.4 crore, YoY

#2 Revenue falls 12.3% to Rs 406.3 crore Vs Rs 463.5 crore, YoY

The company has entered into non-binding Memorandum of Understanding (MoU) with M/s Reintjes GmbH, Hameln, Germany. This MoU will facilitate a

wide range of collaborative engagements, including integration of Reimtjes GmbH’s highquality propulsion gear trains with selected engines for ships that would be built by the Shipyard.

TVS Motor Company was quoting at Rs 2,851.15, up Rs 49.05, or 1.75 percent.

It has touched an intraday high of Rs 2,882.35 and an intraday low of Rs 2,799.30.

It was trading with volumes of 69,747 shares, compared to its five day average of 40,545 shares, an increase of 72.02 percent.

In the previous trading session, the share closed up 0.37 percent or Rs 10.40 at Rs 2,802.10.

The share touched a 52-week high of Rs 2,960.90 and a 52-week low of Rs 2,170.05 on 30 June, 2025 and 14 January, 2025, respectively.

Currently, the stock is trading 3.71 percent below its 52-week high and 31.39 percent above its 52-week low.

Market capitalisation stands at Rs 135,454.46 crore.

#1 Profit zooms 39.4% to Rs 89.8 crore Vs Rs 64.4 crore, YoY

#2 Revenue jumps 13.9% to Rs 2,058.6 crore Vs Rs 1,808.1 crore, YoY

The Sensex was down 323.08 points or 0.40 percent at 80,862.50, and the Nifty was down 124.20 points or 0.50 percent at 24,644.15. About 1349 shares advanced, 2069 shares declined, and 134 shares unchanged.

#1 Loss widens to Rs 16.4 crore Vs loss of Rs 4.8 crore, YoY

#2 Revenue drops 2.8% to Rs 297 crore Vs Rs 305.7 crore, YoY

Barbeque Nation Hospitality was quoting at Rs 272.45, down Rs 12.30, or 4.32 percent.

It has touched an intraday high of Rs 283.00 and an intraday low of Rs 272.10.

It was trading with volumes of 36,690 shares, compared to its five day average of 4,963 shares, an increase of 639.21 percent.

In the previous trading session, the share closed down 4.51 percent or Rs 13.45 at Rs 284.75.

The share touched a 52-week high of Rs 704.50 and a 52-week low of Rs 247.25 on 14 October, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 61.33 percent below its 52-week high and 10.19 percent above its 52-week low.

Market capitalisation stands at Rs 1,064.76 crore.

Diversified FMCG-to-cigarettes conglomerate ITC will report its earnings for the first quarter of the current fiscal year on August 1, 2025. The FMCG player is likely to report the highest revenue among all its listed peers.

According to a Moneycontrol poll of eight brokerages, ITC is likely to report revenue of Rs 17,718 crore, rising 4.2 percent year-on-year compared to Rs 17,000 crore in the April to June quarter of FY25.

Net profit is likely to come in at Rs 5,000 crore in Q1FY26 as against Rs 4,921 crore in the year-ago period, a growth of one percent. Read More

Ashok Leyland was quoting at Rs 119.45, down Rs 1.60, or 1.32 percent.

It has touched an intraday high of Rs 121.25 and an intraday low of Rs 117.65.

It was trading with volumes of 295,805 shares, compared to its five day average of 273,178 shares, an increase of 8.28 percent.

In the previous trading session, the share closed down 0.62 percent or Rs 0.75 at Rs 121.05.

The share touched a 52-week high of Rs 132.35 and a 52-week low of Rs 95.20 on 27 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 9.75 percent below its 52-week high and 25.47 percent above its 52-week low.

Market capitalisation stands at Rs 70,153.64 crore.

#1 Board approves stock split in the ratio of 1:5

#2 Net profit down 13.5% at Rs 3,385 crore vs Rs 3,913 crore, YoY

#3 Revenue down 5.7% at Rs 14,109 crore vs Rs 14,956 crore, YoY

#4 EBITDA down 8.2% at Rs 5,685.2 crore vs Rs 6,195 crore, YoY

#5 Margin at 40.30% vs 41.40%, YoY

Adani Power was quoting at Rs 579.55, down Rs 7.85, or 1.34 percent.

It has touched an intraday high of Rs 593.00 and an intraday low of Rs 577.10.

It was trading with volumes of 177,310 shares, compared to its five day average of 307,756 shares, a decrease of -42.39 percent.

In the previous trading session, the share closed down 0.36 percent or Rs 2.15 at Rs 587.40.

The share touched a 52-week high of Rs 740.50 and a 52-week low of Rs 430.85 on 02 August, 2024 and 21 November, 2024, respectively.

Currently, the stock is trading 21.74 percent below its 52-week high and 34.51 percent above its 52-week low.

Market capitalisation stands at Rs 223,528.90 crore.

#1 Profit rises 8.2% to Rs 104.2 crore Vs Rs 96.3 crore, YoY

#2 Revenue increases 3.2% to Rs 808.8 crore Vs Rs 783.7 crore, YoY

Timken India was quoting at Rs 3,252.75, down Rs 63.15, or 1.90 percent.

It has touched an intraday high of Rs 3,310.15 and an intraday low of Rs 3,238.80.

In the previous trading session, the share closed down 2.19 percent or Rs 74.20 at Rs 3,315.90.

The share touched a 52-week high of Rs 4,438.00 and a 52-week low of Rs 2,200.00 on 02 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 26.71 percent below its 52-week high and 47.85 percent above its 52-week low.

Market capitalisation stands at Rs 24,466.77 crore.

Godrej Properties was quoting at Rs 2,087.45, down Rs 15.30, or 0.73 percent.

It has touched an intraday high of Rs 2,122.00 and an intraday low of Rs 2,073.65.

It was trading with volumes of 26,540 shares, compared to its five day average of 93,586 shares, a decrease of -71.64 percent.

In the previous trading session, the share closed down 1.27 percent or Rs 26.95 at Rs 2,102.75.

The share touched a 52-week high of Rs 3,400.00 and a 52-week low of Rs 1,869.50 on 26 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 38.6 percent below its 52-week high and 11.66 percent above its 52-week low.

Market capitalisation stands at Rs 62,875.27 crore.

#1 Loss narrows to Rs 41.9 crore Vs loss of Rs 49.4 crore, YoY

#2 Revenue grows 7.9% to Rs 697.7 crore Vs Rs 646.7 crore, YoY

Restaurant Brands Asia was quoting at Rs 84.46, up Rs 3.04, or 3.73 percent.

It has touched an intraday high of Rs 85.49 and an intraday low of Rs 81.26.

It was trading with volumes of 149,162 shares, compared to its five day average of 116,107 shares, an increase of 28.47 percent.

In the previous trading session, the share closed down 1.64 percent or Rs 1.36 at Rs 81.42.

The share touched a 52-week high of Rs 116.45 and a 52-week low of Rs 59.50 on 26 September, 2024 and 17 March, 2025, respectively.

Currently, the stock is trading 27.47 percent below its 52-week high and 41.95 percent above its 52-week low.

Market capitalisation stands at Rs 4,917.19 crore.

#1 Profit drops 29.6% to Rs 22.3 crore Vs Rs 31.7 crore, YoY

#2 Revenue rises 4.7% to Rs 424.7 crore Vs Rs 405.6 crore, YoY

TCPL Packaging was quoting at Rs 3,453.55, down Rs 178.10, or 4.90 percent.

It has touched an intraday high of Rs 3,535.30 and an intraday low of Rs 3,396.05.

In the previous trading session, the share closed down 0.62 percent or Rs 22.75 at Rs 3,631.65.

The share touched a 52-week high of Rs 4,909.55 and a 52-week low of Rs 2,745.60 on 26 March, 2025 and 28 October, 2024, respectively.

Currently, the stock is trading 29.66 percent below its 52-week high and 25.78 percent above its 52-week low.

Market capitalisation stands at Rs 3,142.73 crore.

#1 EBITDA & profit grew 32-36 percent YoY, in-line with estimate

#2 Remain optimistic on Indian 2W demand

#3 Lower our FY25-28 industry volume CAGR from 10 percent to 8 percent

#4 Market share has risen to a 22-year-high in domestic 2Ws

#5 Expect strong 13 percent volume & 24 percent EPS CAGR over FY25-28

#6 FY26-28 EPS are 5-18 percent above street

QIB – 9.31 times

NII - 32.57 times

Retail – 13.82 times

Employee - 11.24 times

Overall – 16.53 times

SEBI’s new consultation paper suggests key IPO reforms to improve ease of doing business. The main proposals cover: (1) broadening the anchor investor allocation to include more insurance and pension funds, raising their reserved quota from 30% to 40%; (2) strengthening the role of long-term domestic institutions in IPOs to enhance stability; and (3) allowing flexibility in retail investor quotas for large IPOs—reducing the retail share from 35% to 25% and increasing institutional allocation for issues above Rs 5,000 crore.

These reforms aim to make the IPO process more efficient and attract a wider range of investors. To make the IPO process more balanced, agile, and attractive to a wide range of investor classes, while ensuring robust participation and price stability in India’s capital markets. SEBI has invited public comments on these proposals, reflecting an inclusive approach to regulatory change.

QIB – 0.43 times

NII - 14.35 times

Retail – 17.34 times

Employee - 5.42 times

Overall – 7.40 times

The company has collaborated with Waree Energy by signing a Gas Sales Agreement for the supply of 50,000 scmd of PNG to its lithium-ion cell manufacturing unit at Valsad, Gujarat.

This partnership will pave the way for sustainable energy solutions and help reduce the carbon footprint. The plant is currently under construction and is expected to be commissioned in Q4 of the current FY26.

QIB –3.05 times

NII - 21.37 times

Retail – 5.77 times

Emplyees - 9.86 times

Overall – 8.34 times

Oil was heading for its biggest weekly increase since mid-June after President Donald Trump ramped up pressure on Russia, as the market braced for the fallout from US tariffs that take effect on Friday.

Indian rupee is trading higher by 23 paise at 87.37 per dollar versus Thursday's close of 87.60.

#1 Loss widens sharply to Rs 91.44 crore Vs loss of Rs 18.8 crore, YoY

#2 Gross premiums written grows 11.5% to Rs 1,632 crore Vs Rs 1,464.2 crore, YoY

#3 Net premium written grows 11.8% to Rs 1,287.9 crore Vs Rs 1,151.6 crore, YoY

Niva Bupa Health Insurance Company was quoting at Rs 81.81, down Rs 5.76, or 6.58 percent.

It has touched an intraday high of Rs 84.60 and an intraday low of Rs 81.25.

It was trading with volumes of shares, compared to its five day average of shares, a decrease of percent.

It was trading with volumes of shares, compared to its thirty day average of shares, a decrease of percent.

In the previous trading session, the share closed up 2.88 percent or Rs 2.45 at Rs 87.57.

The share touched a 52-week high of Rs 109.41 and a 52-week low of Rs 61.01 on 05 December, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 25.23 percent below its 52-week high and 34.09 percent above its 52-week low.

Market capitalisation stands at Rs 15,092.08 crore.

The Sensex was down 292.64 points or 0.36 percent at 80,892.94, and the Nifty was down 110.10 points or 0.44 percent at 24,658.25. About 1491 shares advanced, 1871 shares declined, and 147 shares unchanged.

Copper was on track for a weekly drop in London as the market digested the impact of President Donald Trump’s shock decision to exempt refined forms of the metal from hefty US import tariffs.

The industrial metal edged higher on Friday on the London Metal Exchange, but was down 1.4% for the week. In the US, where traders had been moving large volumes of copper to in anticipation of the tariffs, copper has plunged by more than 20% this week.

Trump imposed 50% tariffs on semi-finished copper products such as pipes, wires, rods, sheets and tubes from Friday, but exempted less-processed forms of the metal including ore, concentrates and cathodes.

#1 EBITDA & margin broadly in-line with estimates

#2 Management continues to pursue volume over margin

#3 Stock is pricing in high margin & high growth

#4 See downside risks to consensus margin estimates

Kirloskar Brothers was quoting at Rs 1,948.40, down Rs 21.10, or 1.07 percent.

It has touched an intraday high of Rs 2,003.00 and an intraday low of Rs 1,937.10.

It was trading with volumes of 5,733 shares, compared to its five day average of 7,291 shares, a decrease of -21.37 percent.

In the previous trading session, the share closed up 2.44 percent or Rs 46.85 at Rs 1,969.50.

The share touched a 52-week high of Rs 2,475.55 and a 52-week low of Rs 1,424.05 on 27 June, 2025 and 04 March, 2025, respectively.

Currently, the stock is trading 21.29 percent below its 52-week high and 36.82 percent above its 52-week low.

Market capitalisation stands at Rs 15,472.04 crore.

#1 Profit grows 27.7% to Rs 26.5 crore Vs Rs 20.8 crore, YoY

#2 Revenue increases 12.1% to Rs 2,891.4 crore Vs Rs 2,580 crore, YoY

TeamLease Services was quoting at Rs 1,873.60, up Rs 38.20, or 2.08 percent.

It has touched an intraday high of Rs 2,098.00 and an intraday low of Rs 1,831.60.

It was trading with volumes of 21,486 shares, compared to its five day average of 618 shares, an increase of 3,375.57 percent.

In the previous trading session, the share closed down 2.15 percent or Rs 40.25 at Rs 1,835.40.

The share touched a 52-week high of Rs 3,330.00 and a 52-week low of Rs 1,641.60 on 02 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 43.74 percent below its 52-week high and 14.13 percent above its 52-week low.

Market capitalisation stands at Rs 3,141.82 crore.

NMDC has fixed Baila Lump (65.5%, 10-40mm) prices at Rs 6,100 per ton and Baila Fines (64%, -10 mm) at Rs 5,250 per ton.

NMDC was quoting at Rs 70.90, down Rs 0.02, or 0.03 percent.

It has touched an intraday high of Rs 72.78 and an intraday low of Rs 70.81.

It was trading with volumes of 542,799 shares, compared to its five day average of 1,001,815 shares, a decrease of -45.82 percent.

In the previous trading session, the share closed down 1.57 percent or Rs 1.13 at Rs 70.92.

The share touched a 52-week high of Rs 82.80 and a 52-week low of Rs 59.56 on 10 December, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 14.37 percent below its 52-week high and 19.04 percent above its 52-week low.

Market capitalisation stands at Rs 62,333.99 crore.