Closing Bell: Nifty above 24,700, Sensex gains 419 pts; all sectors in the green

Market Close | Sensex gains 419 pts, Nifty above 24700

Indian equity indices ended on strong note with Nifty above 24,700 on August 4. At close, the Sensex was up 418.81 points or 0.52 percent at 81,018.72, and the Nifty was up 157.40 points or 0.64 percent at 24,722.75.

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

Shrikant Chouhan, Head Equity Research, Kotak Securities

Today, the benchmark indices witnessed a promising pullback rally. The Nifty ends 157 points higher, while the Sensex was up by 419 points. Among sectors, almost all the major sectoral indices traded in positive territory, but the Metal and Defense indices outperformed, rallying over 2.5 percent. Technically, after a sharp correction on intraday charts, the market has formed a reversal pattern, and on daily charts, it has formed a bullish candle, which is largely positive. We are of the view that, in the short term, the market's texture is weak but oversold; hence, a sharp technical bounce back is not ruled out from the current levels.

For day traders, 24,550 / 80,600 and 24,500 / 80,500 would act as key support zones, while 24,850-24,950 / 81,500-81,800 could be the key resistance areas for the bulls. However, below 24,500 / 80,500, the sentiment could change. Below this level, traders may prefer to exit their long positions.

All the other sectoral indices ended in the green with PSU Bank, pharma, realty, IT, metal, telecom, media, consumer durables, auto up 0.5-2.5 percent....Read More

Rupak De, Senior Technical Analyst at LKP Securities

Following a positive start, the index remained in the green throughout the day. On the hourly chart, it has reclaimed the 21EMA, indicating improving sentiment.

The RSI has exhibited a positive divergence again, pointing towards improving momentum. Moreover, on the daily chart, a bullish Harami pattern has formed, signaling waning bearishness that could lead to a recovery in the short term.

On the higher end, it might move towards 24850/25000. Support on the lower end, is placed at 24650/245

Ajit Mishra – SVP, Research, Religare Broking

Markets started the week on a positive note, gaining over half a percent amid mixed cues. Despite a weak handover from the U.S. markets, the Nifty opened slightly in the green and gradually moved higher throughout the session, eventually settling near the day’s high at 24,722.75. Sector-wise, most indices contributed to the rebound, with metals, realty, and auto emerging as the top gainers. The broader markets also found some relief after the recent correction, as both the midcap and smallcap indices posted gains of nearly 1.5%.

A recurring pattern observed in recent weeks is that the benchmark tends to trade with a positive bias during the first half of the week, only to witness renewed selling pressure in the latter half. Hence, participants should avoid reading too much into a single-day rebound or pause and instead focus on the sustainability of the move.

A decisive break above 24,800 could trigger further upside toward the 25,000 marks, which acts as the next key resistance. Conversely, a close below 24,600 would indicate a resumption of the corrective phase. Despite the volatility, there continues to be no dearth of trading opportunities across sectors. Traders are advised to align their positions accordingly, with a strong emphasis on stock selection and effective trade management.

Bajaj Auto share price: "EBITDA margin will decline post being stable last year, on the back of higher raw material costs and a spike in ocean freight rates," HDFC Securities said in a preview note....Read More

Dilip Parmar – Senior Research Analyst, HDFC Securities

The Indian rupee has weakened for six of the past seven days, primarily due to foreign fund outflows and liquidity adjustments by the Reserve Bank of India following the maturity of a $5 billion USD/INR swap. The forward premium also jumped to reflect the potential interest rate differential between the US and India after Friday's job data from US.

In the near term, the spot USD/INR pair has a resistance level at 87.70 and support at 87.30.

Vinod Nair, Head of Research, Geojit Investments

The domestic equity market edged higher, supported by strong performance in the metal and auto sectors. A weakening U.S. dollar, along with robust monthly auto sales and encouraging quarterly results from leading automakers, helped renew investor interest in these sectors.

The Q1 earnings summary indicates that consumption-driven companies are benefiting from a rebound in volume demand. Meanwhile, rising unemployment and slower job creation in the U.S. have reinforced expectations of a potential FED rate cut. However, there still remains room for caution due to high U.S. tariffs.

Vaibhav Vidwani, Research Analyst at Bonanza

Today, Indian equity benchmarks staged a strong rebound. The Sensex surged 419 points to close at 81,018.72 (+0.52%), while the Nifty 50 rose 0.64% to finish above the key 24,700 mark at 24,722.25. This positive closing was fueled by robust buying in metal and auto stocks, improved global cues, and renewed optimism ahead of major corporate earnings and the upcoming RBI policy announcement.

Broader indices also participated in the rally, with the Nifty Next 50 and Nifty Midcap 150 outperforming, each gaining over 1%. A key catalyst for today’s gains was relief in global risk sentiment, as Asian markets partially recovered and US index futures stabilized after recent volatility.

Investors shrugged off concerns about new US tariffs following a softer jobs report in America, which revived hopes for a potential US Federal Reserve rate cut next month. Domestically, key FMCG players and select auto majors like Hero MotoCorp delivered strong performances, while cyclicals such as metal stocks led the advances due to optimistic demand outlooks.

Currency Check | Rupee closes lower

Indian rupee ended 13 paise at 87.65 per dollar on Monday versus Friday's close of 87.52.

Market Close | Nifty above 24,700, Sensex up 419 pts; all sectors in the green

Indian equity indices ended on strong note with Nifty above 24,700 on August 4.

At close, the Sensex was up 418.81 points or 0.52 percent at 81,018.72, and the Nifty was up 157.40 points or 0.64 percent at 24,722.75. About 2047 shares advanced, 1607 shares declined, and 154 shares unchanged.

Biggest Nifty gainers Hero MotoCorp, Tata Steel, Bharat Electronics, Adani Ports, JSW Steel, while losers were Power Grid Corp, HDFC Bank, ONGC, ICICI Bank, Apollo Hospitals.

All the other sectoral indices ended in the green with PSU Bank, pharma, realty, IT, metal, telecom, media, consumer durables, auto up 0.5-2.5 percent.

The BSE midcap index rose 1 percent and smallcap index added 0.7 percent.

Sensex Today | Nifty Media index rises 1%; Network 18, Zee Entertainment, DB Corp among top contributors

Brokerage Call | Nomura retains 'reduce' rating on Godrej Properties, target price of Rs 1900

#1 Q1FY26 unimpressive; 3–4 key project launches expected in Q2FY26

#2 FY26F pre-sales expected to miss guidance by 5 percent

#3 Medium-term pre-sales growth likely to be below 20 percent CAGR goal

#4 Volume-driven growth strategy faces risks: equity dilution, execution challenges

#5 Valuation still at 100 percent premium to NAV vs mass-market peers

#6 OCF & deliveries disappointed in Q1FY26 & remain key monitorables

Sensex Today | Delhivery, Star Cement, eClerx Services, among others hit 52-week high

Brokerage Call | CLSA keeps 'outperform' rating on Federal Bank, target price at Rs 230

#1 Marginal PAT beat; credit costs 70 percent above estimate

#2 Profitability maintained via strong other income & lower opex

#3 Loan growth moderated to 9 percent YoY

#4 NIM down 18 bps but better than peers

#5 Fee income growth 21 percent YoY; expense ratio improved

Brokerage Call | HSBC keeps 'buy' rating on ITC, target price at Rs 510

#1 Q1 revenue beat by 10 percent, EBITDA missed by 3 percent due to agribiz

#2 Core cigarettes & FMCG performance in-line

#3 FMCG margin up 50 bps QoQ

#4 FY26–28 EPS cut by 2–3 percent due to lower margin in non-cigarette segments

Earnings Watch | Kirloskar Ferrous' Q1 net profit rises 36% at Rs 95 crore versus Rs 70 crore, YoY

Earnings Watch | Vascon Engineers' Q1 net profit at Rs 22.5 crore versus Rs 9.8 crore, YoY

Global Markets | European markets trade higher; Dow Futures up 300 pts

Brokerage Call | HSBC keeps 'buy' rating on UPL, target price at Rs 775

#1 Muted Q1FY26 due to challenging market conditions

#2 Further improvement in balance sheet continues

#3 Recovery & deleveraging could trigger a virtuous cycle of value creation

Markets@3 | Sensex up 360 points, Nifty around 24700

The Sensex was up 369.32 points or 0.46 percent at 80,969.23, and the Nifty was up 140.95 points or 0.57 percent at 24,706.30. About 2007 shares advanced, 1625 shares declined, and 146 shares unchanged.

Stock Markets LIVE Updates | Tata Steel shares gain most in 12 weeks, snaps 3-day fall

Tata Steel was quoting at Rs 159.35, up Rs 6.35, or 4.15 percent.

It has touched an intraday high of Rs 159.90 and an intraday low of Rs 153.65.

It was trading with volumes of 948,576 shares, compared to its five day average of 795,889 shares, an increase of 19.18 percent.

In the previous trading session, the share closed down 3.04 percent or Rs 4.80 at Rs 153.00.

The share touched a 52-week high of Rs 170.20 and a 52-week low of Rs 122.60 on 30 September, 2024 and 13 January, 2025, respectively.

Currently, the stock is trading 6.37 percent below its 52-week high and 29.98 percent above its 52-week low.

Market capitalisation stands at Rs 198,925.08 crore.

Sensex Today | Hero MotoCorp's sales up 21% at 4.49 lakh units

Hero MotoCorp dispatched 449,755 units in July 2025, registering a 21% increase over 370,274 units recorded in July 2024.

The total domestic sales of the company rose 18.7% at 412,397 units versus 347,535 units, while exports sales jumped to 37,358 units versus 22,739 units, YoY.

Sensex Today | 2.5 million shares of Axis Bank traded in a block: Bloomberg

Axis Bank was quoting at Rs 1,067.80, up Rs 5.20, or 0.49 percent.

It has touched an intraday high of Rs 1,070.00 and an intraday low of Rs 1,059.75.

It was trading with volumes of 3,855,426 shares, compared to its five day average of 570,523 shares, an increase of 575.77 percent.

In the previous trading session, the share closed down 0.53 percent or Rs 5.70 at Rs 1,062.60.

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 16.69 percent below its 52-week high and 14.33 percent above its 52-week low.

Market capitalisation stands at Rs 331,222.44 crore.

Sensex Today | BSE Auto snaps 3-day fall; up 1.4%

Brokerage Call | Morgan Stanley keeps 'equal-weight' on Godrej Properties, target price at Rs 2,400

#1 Q1FY26 pre-sales in-line

#2 Godrej share at 78 percent vs 92 percent in Q4FY25 pre-sales

#3 FY26 pre-sales target of Rs 32,500 crore maintained; 22 percent achieved in Q1

#4 Strong launch pipeline, Rs 27,000 crore of unsold inventory

#5 Q1FY26 collections of Rs 3,670 crore, 17 percent of FY26 target

Godrej Properties was quoting at Rs 2,092.80, up Rs 43.55, or 2.13 percent.

It has touched an intraday high of Rs 2,098.00 and an intraday low of Rs 2,041.05.

It was trading with volumes of 10,894 shares, compared to its five day average of 88,893 shares, a decrease of -87.74 percent.

In the previous trading session, the share closed down 2.54 percent or Rs 53.50 at Rs 2,049.25.

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 38.45 percent below its 52-week high and 11.94 percent above its 52-week low.

Market capitalisation stands at Rs 63,036.42 crore.

Morgan Stanley keeps 'underweight' rating on Federal Bank, target price at Rs 165

#1 Slippages & credit costs increased QoQ due to MFI stress

#2 Management expects MFI stress to ease in 1–2 quarters

#3 No major asset quality concerns elsewhere

#4 RoA expected to moderate to 1 percent

Stock Markets LIVE Updates | Bharti Airtel arm Xtelify launches ‘Airtel Cloud’

Xtelify, a fully-owned subsidiary of Bharti Airtel , today launched a sovereign, telco-grade cloud platform – ‘Airtel Cloud’. Tailored to handle 140 crore transactions per minute for Airtel’s own use in India, this sovereign cloud platform is now being extended to meet the ever-evolving needs of businesses in India.

Sensex Today | Swan Defence and Varex Imaging sign agreement to manufacture cargo and vehicle inspection systems

Swan Defence and Heavy Industries Limited (SDHI) and Varex Imaging Corporation have signed an agreement to manufacture cargo and vehicle inspection systems in India.

Varex Imaging Corporation based in Salt Lake City, UT, USA, is a global leader in linear accelerators and imaging technology, known for its innovative and dependable solutions.

Earnings Watch | Aptech Q1 net profit up 34% at Rs 6.7 crore versus Rs 5 crore, YoY

Aptech was quoting at Rs 131.45, up Rs 2.82, or 2.19 percent.

It has touched an intraday high of Rs 132.78 and an intraday low of Rs 127.20.

It was trading with volumes of 23,890 shares, compared to its five day average of 41,347 shares, a decrease of -42.22 percent.

In the previous trading session, the share closed down 1.33 percent or Rs 1.74 at Rs 128.63.

The share touched a 52-week high of Rs 254.00 and a 52-week low of Rs 107.00 on 27 August, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 48.25 percent below its 52-week high and 22.85 percent above its 52-week low.

Market capitalisation stands at Rs 762.43 crore.

Sensex Today | HSBC keeps 'buy' rating on PB Fintech, target price at Rs 2,250

#1 Q1FY26 earnings beat driven by margin improvement in new initiatives

#2 Core business margins compressed YoY

#3 Growth focus may cap margin gains near-term; medium-term outlook positive

Currency Check | Rupee trades lower

Indian rupee is trading lower by 12 paise at 87.64 per dollar versus Friday's close of 87.52.

Sensex Today | Premier Explosives wins order of Rs 190 crore

Premier Explosives has received an export order for a total consideration of USD 21,750,000 i.e. approx. Rs 190.07 crore, for manufacture and supply of

Defence Explosives, to be delivered within a period of2years.

Premier Explosives was quoting at Rs 443.70, up Rs 16.75, or 3.92 percent.

It has touched an intraday high of Rs 468.05 and an intraday low of Rs 420.05.

It was trading with volumes of 77,356 shares, compared to its five day average of 33,759 shares, an increase of 129.14 percent.

In the previous trading session, the share closed down 2.80 percent or Rs 12.30 at Rs 426.95.

The share touched a 52-week high of Rs 667.00 and a 52-week low of Rs 308.95 on 06 June, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 33.48 percent below its 52-week high and 43.62 percent above its 52-week low.

Market capitalisation stands at Rs 2,385.38 crore.

Brokerage Call | Macquarie keeps 'outperform' rating on ITC, target price at Rs 500

#1 Q1 EBITDA broadly in-line, cigarette volume growth at 6.5 percent

#2 Mix improvement partly offset leaf tobacco inflation

#3 Signs of urban recovery in FMCG

#4 Leaf tobacco cost correction seen in current crop cycle

#5 Lower costs may aid cigarette margins in Q4

#6 Constructive view on growth despite weakness in paper

Earnings Watch| Ather Energy Q1 net loss at Rs178.2 cr vs loss of Rs183 cr (YoY)

#1 Revenue up 79% at Rs644.6 cr vs Rs360.5 cr (YoY)

#2 EBITDA loss at Rs134.4 cr vs loss of Rs128.4 cr (YoY)

The company is actively pursuing market expansion by establishing strategic collaborations in sports, fashion, music, and luxury segments, and by filling product gaps with new competitive offerings, like The Spirit of Kashmyr, a luxury vodka...Read More

Earnings Watch| Escorts Kubota Net profit Rs1,397 Cr Vs Rs302 Cr (YoY)

#1 Exceptional Gain At Rs76 Cr Vs Nil (YoY)

#2 Revenue 3% At Rs2,500 Cr Vs Rs2,574 Cr (YoY)

#3 EBITDA Flat At Rs322 Cr (YoY)

#4 Margin At 13% Vs 12.5% (YoY)

Earnings Watch| Aditya Birla Capital Q1 net profit Rs 835 crore vs Rs759 crore YoY

#1 Revenue Rs 9500 crore, up 10% YoY

#2 Total costs Rs 8460 crore, up 9% YoY

A new report reveals that India’s ‘Uber Rich’ continue to park most of their wealth in physical assets, leaving a massive untapped market for wealth managers....Read More

Markets@2 | Sensex jumps 430 pts, Nifty above 24700

The Sensex was up 436.25 points or 0.54 percent at 81,036.16, and the Nifty was up 155.90 points or 0.63 percent at 24,721.25. About 1992 shares advanced, 1607 shares declined, and 141 shares unchanged.

Earnings Watch | Marico Q1 net profit at Rs 513 crore, revenue at Rs 3,259 crore

Brokerage Call | Goldman Sachs keeps 'buy' rating on ITC, target price at Rs 490

#1 Q1FY26 in-line with estimates

#2 Cigarette growth strong, margin expected to recover in H2

#3 FMCG growth improving, margin recovery likely in H2

#4 Paper business margin weakened but likely bottomed

#5 Earnings growth acceleration expected in H2FY27

Brokerage Call | Kotak Institutional Equities keeps 'buy' rating on Delhivery, target price at Rs 500

#1 Q1 PBT up 77 percent QoQ despite operational disturbances

#2 Demonstrates resilience of business model

#3 Scale-up In PTL strengthens flexibility in express parcel business

#4 Rejig in portfolio reflects confidence in supply chain expansion & new initiatives

Earnings Watch | Shree Cement's Q1 net profit up 94.5% at Rs 618.5 crore versus Rs 318 crore, YoY

Earnings Watch | Nuvama keeps 'buy' rating on Federal Bank, target price at Rs 230

#1 Soft Q1: NIM down 18 bps QoQ, slippage up 34 percent, credit cost rose sharply to 66 bps

#2 Credit costs driven by MFI & partly CV/BUB

#3 Core PPoP flat QoQ, down 2.5 percent YoY

#4 CEO expects credit cost to decline after Q2

Sensex Today | Akzo Nobel board approves special interim dividend of Rs 156

#1 Net profit down 20.6% at Rs 91 crore vs Rs 114.6 crore, YoY

#2 Revenue down 4% at Rs 995 crore vs Rs 1,036.3 crore, YoY

#3 EBITDA down 20.4% at Rs 134.4 crore vs Rs 169.8 crore, YoY

#4 Margin at 13.5% vs 16.3%, YoY

Earnings Watch | Stove kraft Q1 net profit up 26.8% at Rs 10.4 crore versus Rs 8.2 crore, YoY

Stove Kraft was quoting at Rs 595.30, up Rs 18.55, or 3.22 percent.

It has touched an intraday high of Rs 617.70 and an intraday low of Rs 570.00.

In the previous trading session, the share closed down 2.94 percent or Rs 17.45 at Rs 576.75.

The share touched a 52-week high of Rs 976.75 and a 52-week low of Rs 524.95 on 20 January, 2025 and 03 June, 2025, respectively.

Currently, the stock is trading 39.05 percent below its 52-week high and 13.4 percent above its 52-week low.

Market capitalisation stands at Rs 1,969.00 crore.

As Washington escalates its tariff war with India, experts say the long-term rebalancing of global supply chains is still intact – moving away from China and tilting in India’s favour....Read More

Currency Check | Rupee erases gains, trades lower

Indian rupee erased intraday gains and trading lower at 87.60 per dollar versus Friday's close of 87.52.

Brokerage Call | Jefferies retains 'buy' rating on ITC, target price at Rs 535

#1 Cigarette volume growth accelerated to multi-quarter high

#2 Segment EBIT margin continued to trend down though EBIT was in-line

#3 Other segments reported lower-than-expected EBIT due to margin pressure

#4 Overall EBITDA growth muted at 3 percent, slight miss to estimates

Sensex Today | Nifty Pharma index up 0.5%; snaps 2-day fall

Brokerage Call | Kotak Institutional Equities keeps 'sell' rating on UPL, target price at Rs 520

#1 1Q surprised positively on gross margin due to price increase, input cost corrections & higher utilisation

#2 Benefits may persist short-term but long-term sustainability uncertain due to demand softness & competition

#3 FY26 EBITDA raised by 12 percent; FY27–28 raised modestly by 1–4 percent

Sensex Today | 5.02 million shares of GMR Airports traded in a block: Bloomberg

GMR Airports was quoting at Rs 91.20, up Rs 1.83, or 2.05 percent.

It has touched an intraday high of Rs 91.40 and an intraday low of Rs 88.90.

It was trading with volumes of 117,704 shares, compared to its five day average of 311,040 shares, a decrease of -62.16 percent.

In the previous trading session, the share closed down 0.71 percent or Rs 0.64 at Rs 89.37.

The share touched a 52-week high of Rs 100.45 and a 52-week low of Rs 67.75 on 09 August, 2024 and 28 February, 2025, respectively.

Currently, the stock is trading 9.21 percent below its 52-week high and 34.61 percent above its 52-week low.

Market capitalisation stands at Rs 96,297.86 crore.

Brokerage Call | Jefferies maintains 'buy' rating on PB Fintech, target price at Rs 2,100

#1 Q1 profit slightly ahead of estimates

#2 Revenue up 33 percent YoY, contribution margin up 31 percent, adjusted EBITDA rose 80 percent

#3 Cash flow temporarily affected by 1/N rule, normalisation expected post-Sep 2025

#4 Positive outlook on growth & profitability

#5 Healthcare investment reflects strong cash flow

Stock Market LIVE Updates | Adani Ports' July cargo handling volume up 8% YoY 40.2 mt

#1 During Jul’25, APSEZ handled cargo volume of 40.2 MMT (+8% YoY), led by containers (+22% YoY)

#2 YTD Jul’25, APSEZ handled 160.7 MMT of total cargo (+10% YoY), led by containers (+20% YoY)

#3 During Jul’25, Logistics rail volumes stood at 60,940 TEUs (+17% YoY) and GPWIS volume was at 1.61 MMT (-13% YoY)

#4 YTD Jul’25, Logistics rail volumes stood at 240,419 TEUs (+15% YoY) and GPWIS volume was at 7.67 MMT (+3% YoY)

Saurav Ghosh, cofounder, Jiraaf

With inflation easing to a five-year low of 2.1%, weak urban consumption, muted Q1 corporate earnings, and rising tariff risks weighing on exports, a 25-bps rate cut by the RBI in its August policy meeting is increasingly plausible. The signs of a macro slowdown are evident, and the central bank may act pre-emptively rather than wait for growth to deteriorate further.

Meanwhile, 10-year G-sec yields have remained firm around ~6.3%. Unlike in June, markets haven’t priced in an August rate cut creating room for potential yield compression if the RBI moves.

Globally, the US Federal Reserve held its benchmark rate steady at 4.25–4.50% on July 30, offering no strong guidance for a September cut amid persistent inflation and global trade uncertainty. If the RBI lowers the repo rate to 5.25%, the India–US yield spread would narrow further. This could support domestic borrowing and capex momentum—critical for recovery—but may also weigh on foreign portfolio inflows due to reduced carry appeal.

Earnings Watch | TTK Healthcare Q1 net profit down 58.9% at Rs 13 crore versus Rs 31.6 crore, YoY

TTK Healthcare was quoting at Rs 1,204.90, down Rs 55.65, or 4.41 percent.

It has touched an intraday high of Rs 1,260.55 and an intraday low of Rs 1,182.80.

In the previous trading session, the share closed up 1.34 percent or Rs 16.70 at Rs 1,260.55.

The share touched a 52-week high of Rs 1,923.00 and a 52-week low of Rs 991.00 on 10 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 37.34 percent below its 52-week high and 21.58 percent above its 52-week low.

Market capitalisation stands at Rs 1,702.56 crore.

Earnings Watch | Ramco Industries' Q1 net profit up 66.5% at Rs 65.6 crore versus Rs 39.4 crore, YoY

Ramco Industries was quoting at Rs 301.70, up Rs 18.65, or 6.59 percent.

It has touched an intraday high of Rs 305.00 and an intraday low of Rs 281.25.

It was trading with volumes of 10,319 shares, compared to its five day average of 7,238 shares, an increase of 42.57 percent.

In the previous trading session, the share closed down 3.43 percent or Rs 10.05 at Rs 283.05.

The share touched a 52-week high of Rs 324.15 and a 52-week low of Rs 216.70 on 06 December, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 6.93 percent below its 52-week high and 39.22 percent above its 52-week low.

Market capitalisation stands at Rs 2,619.03 crore.

Sensex Today | BSE Metal index up 2.5%; Jindal Steel, Tata Steel, SAIL, among major gainers

Brokerage Call | Jefferies keeps 'buy' rating on Adani Power , target price at Rs 690

#1 Q1FY26 EBITDA 2 percent below expectations due to lower utilisation & higher costs

#2 FY26–27 EBITDA cut By 4–5 percent

#3 Capacity at 17.6 GW; plan to reach 30.7 GW by 2030 remains intact

#4 600 MW Vidarbha acquisition completed in July 2025

Markets@1 | Sensex gains 400 points, Nifty above 24700

The Sensex was up 405.66 points or 0.50 percent at 81,005.57, and the Nifty was up 148.85 points or 0.61 percent at 24,714.20. About 1958 shares advanced, 1595 shares declined, and 156 shares unchanged.

Brokerage Call | Jefferies retains ‘buy’ rating on Godrej Properties, target price cut to Rs 3,000

#1 Expectedly slow start with pre-sales down 18 percent YoY on a large base

#2 Net debt of Rs 1,400 crore

#3 10 percent sales growth guidance looks achievable given strong launch pipeline & upfronted project additions

#4 Management maintains optimism on demand conditions

#5 Operational cash flow & project delivery performance should improve in the coming quarters due to seasonality

Earnings Watch | Tata Investment Corporation's Q1 net profit up 11.45% at Rs 146 crore versus Rs 131 crore, YoY

Tata Investment Corporation was quoting at Rs 7,030.00, up Rs 247.50, or 3.65 percent.

It has touched an intraday high of Rs 7,165.00 and an intraday low of Rs 6,745.50.

It was trading with volumes of 152,573 shares, compared to its five day average of 53,433 shares, an increase of 185.54 percent.

In the previous trading session, the share closed down 0.27 percent or Rs 18.50 at Rs 6,782.50.

The share touched a 52-week high of Rs 8,074.25 and a 52-week low of Rs 5,145.15 on 28 August, 2024 and 17 February, 2025, respectively.

Currently, the stock is trading 12.93 percent below its 52-week high and 36.63 percent above its 52-week low.

Market capitalisation stands at Rs 35,568.49 crore.

Earnings Watch | Sumitomo Chemical's Q1 net profit up 40.8% at Rs 178.3 crore versus Rs 126.6 crore, YoY

Sumitomo Chemical India  was quoting at Rs 639.45, up Rs 9.00, or 1.43 percent.

It has touched an intraday high of Rs 656.30 and an intraday low of Rs 629.35.

It was trading with volumes of 53,162 shares, compared to its five day average of 74,010 shares, a decrease of -28.17 percent.

In the previous trading session, the share closed down 2.73 percent or Rs 17.70 at Rs 630.45.

The share touched a 52-week high of Rs 663.00 and a 52-week low of Rs 446.70 on 31 July, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 3.55 percent below its 52-week high and 43.15 percent above its 52-week low.

Market capitalisation stands at Rs 31,917.87 crore.

Stock Markets LIVE Updates | VST Tillers Tractors launched FENTM tractor series

VST Tillers Tractors was quoting at Rs 4,580.50, up Rs 67.45, or 1.49 percent.

It has touched an intraday high of Rs 4,644.75 and an intraday low of Rs 4,547.45.

In the previous trading session, the share closed down 1.09 percent or Rs 49.70 at Rs 4,513.05.

The share touched a 52-week high of Rs 5,410.05 and a 52-week low of Rs 2,875.00 on 01 January, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 15.33 percent below its 52-week high and 59.32 percent above its 52-week low.

Market capitalisation stands at Rs 3,959.09 crore.

Sensex Today | BSE Smallcap index rises 0.4%; breaks 2-day fall

Stock Market LIVE Updates | Karnataka Bank's Chief Product Officer resigns

Ramaswamy Subramanian has resigned from the position of Chief Product Officer to explore opportunities outside the organization.

Karnataka Bank was quoting at Rs 179.95, up Rs 1.50, or 0.84 percent.

It has touched an intraday high of Rs 180.20 and an intraday low of Rs 177.50.

It was trading with volumes of 65,609 shares, compared to its five day average of 103,497 shares, a decrease of -36.61 percent.

In the previous trading session, the share closed down 1.25 percent or Rs 2.25 at Rs 178.45.

The share touched a 52-week high of Rs 243.30 and a 52-week low of Rs 162.20 on 23 September, 2024 and 04 March, 2025, respectively.

Currently, the stock is trading 26.04 percent below its 52-week high and 10.94 percent above its 52-week low.

Market capitalisation stands at Rs 6,801.76 crore.

Sensex Today | AU Small Finance Bank in partnership with SBI Life Insurance

AU Small Finance Bank has entered into strategic corporate agency partnership with SBI Life Insurance Company aimed to enhance access to comprehensive insurance solutions nationwide by extending financial protection to underserved and emerging markets across India.

With this alliance, the Bank will distribute SBI Life’s comprehensive portfolio of life insurance solutions, including protection, savings & investments, child, money back, retirement etc. across its robust network of over 2,505 banking touchpoints in 21 states and 4 union territories.

Stock Market LIVE Updates | PNB Housing Finance appoints Valli Sekar as Chief Business Officer – Affordable Business

Jatul Anand has been designated as Executive Director (not a board member), and Valli Sekar has been appointed as Chief Business Officer – Affordable Business, effective August 2. Both were previously function heads.

PNB Housing Finance was quoting at Rs 784.20, down Rs 23.85, or 2.95 percent.

It has touched an intraday high of Rs 823.80 and an intraday low of Rs 772.00.

It was trading with volumes of 340,444 shares, compared to its five day average of 294,634 shares, an increase of 15.55 percent.

In the previous trading session, the share closed down 18.06 percent or Rs 178.15 at Rs 808.05.

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 34.73 percent below its 52-week high and 5.11 percent above its 52-week low.

Market capitalisation stands at Rs 20,424.67 crore.

Brokerage Call | Morgan Stanley keeps 'overweight' rating on On ITC, target price at Rs 500

#1 Revenue, EBITDA, PAT growth at 21 percent, 3 percent, 2 percent respectively

#2 Topline beat driven by agri business

#3 Ex-agri revenue up 7 percent YoY

#4 Cigarette & FMCG revenue/earnings in-line with estimates

#5 FMCG EBITDA margin up 50 bps QoQ

Stock Market LIVE Updates | Dilip Buildcon emerges lowest bidder for the Gurugram Metro Rail project

Dilip Buildcon–RBL Joint Venture has emerged as the L-1 bidder for the Gurugram Metro Rail project worth Rs 1,503.63 crore. The project involves the construction of a viaduct and 14 elevated stations.

Dilip Buildcon was quoting at Rs 471.85, up Rs 13.10, or 2.86 percent.

It has touched an intraday high of Rs 479.00 and an intraday low of Rs 468.30.

It was trading with volumes of 302,921 shares, compared to its five day average of 319,350 shares, a decrease of -5.14 percent.

In the previous trading session, the share closed down 4.65 percent or Rs 22.35 at Rs 458.75.

The share touched a 52-week high of Rs 588.00 and a 52-week low of Rs 363.15 on 28 August, 2024 and 28 January, 2025, respectively.

Currently, the stock is trading 19.75 percent below its 52-week high and 29.93 percent above its 52-week low.

Market capitalisation stands at Rs 6,899.15 crore.

Stock Markets LIVE Updates | Pressure Sensitive Systems bags order worth Rs 150 crore from RFBL Flexi Pack

The company secured new work order from RFBL flexi pack Limited to provide goods and their services on Order basis as per the requirement of Client. The aggregate value of the work order is Rs 150,00,00,000 inclusive of all taxes.

Pressure Sensitive Systems was quoting at Rs 3.05, up Rs 0.02, or 0.66 percent.

It has touched an intraday high of Rs 3.06 and an intraday low of Rs 2.99.

It was trading with volumes of 49,486 shares, compared to its five day average of 221,450 shares, a decrease of -77.65 percent.

In the previous trading session, the share closed down 2.88 percent or Rs 0.09 at Rs 3.03.

The share touched a 52-week high of Rs 7.19 and a 52-week low of Rs 2.82 on 12 August, 2024 and 18 February, 2025, respectively.

Currently, the stock is trading 57.58 percent below its 52-week high and 8.16 percent above its 52-week low.

Market capitalisation stands at Rs 45.25 crore.

Global Markets | Asian markets trade mixed; Nikkei down 1.3%, Kospi up 0.9%

Stock Market LIVE Updates | Thermax re-appoints Ashish Bhandari as MD & CEO

Shareholders have approved the re-appointment of Ashish Bhandari as the Managing Director, Chief Executive Officer (MD & CEO) of the company for a period of five years effective September 1, 2025.

Thermax was quoting at Rs 3,629.55, down Rs 147.25, or 3.90 percent.

It has touched an intraday high of Rs 3,815.15 and an intraday low of Rs 3,587.00.

It was trading with volumes of 4,302 shares, compared to its five day average of 4,682 shares, a decrease of -8.12 percent.

In the previous trading session, the share closed down 4.13 percent or Rs 162.50 at Rs 3,776.80.

The share touched a 52-week high of Rs 5,721.20 and a 52-week low of Rs 2,930.05 on 28 October, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 36.56 percent below its 52-week high and 23.87 percent above its 52-week low.

Market capitalisation stands at Rs 43,248.37 crore.

Brokerage Call | Jefferies keeps 'buy' rating on Adani Enterprises, target price at Rs 3,000

#1 Q1 EBITDA below estimates; PAT down 50 percent YoY due to higher depreciation

#2 EBITDA miss from coal trading & commercial mining; airport/new energy EBITDA beat

#3 Net debt rose amid project completions in airports, copper, roads

#4 FY26 estimates cut post weak Q1

Sensex Today | Hero MotoCorp's sales up 21% at 4.49 lakh units

Hero MotoCorp dispatched 449,755 units in July 2025, registering a 21% increase over 370,274 units recorded in July 2024.

The total domestic sales of the company rose 18.7% at 412,397 units versus 347,535 units, while exports sales jumped to 37,358 units versus 22,739 units, YoY.

Stock Markets LIVE Updates | TVS Motor Company share gains most in five months

TVS Motor Company was quoting at Rs 2,951.85, up Rs 93.05, or 3.25 percent.

It has touched an intraday high of Rs 2,960.00 and an intraday low of Rs 2,870.45.

It was trading with volumes of 62,664 shares, compared to its thirty day average of 25,795 shares, an increase of 142.93 percent.

In the previous trading session, the share closed up 2.02 percent or Rs 56.70 at Rs 2,858.80.

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 0.31 percent below its 52-week high and 36.03 percent above its 52-week low.

Market capitalisation stands at Rs 140,238.59 crore.

Sensex Today | BSE Realty index snaps 3-day fall, up 0.5%

Earnings Watch | Shakti Pumps Q1 consolidated profit , revenue increase

#1 Profit rises 4.5 percent to Rs 96.8 crore Vs Rs 92.7 crore, YoY

#2 Revenue jumps 9.7 percent to Rs 622.5 crore Vs Rs 567.6 crore, YoY

Shakti Pumps (India) was quoting at Rs 826.75, down Rs 66.75, or 7.47 percent.

It has touched an intraday high of Rs 865.60 and an intraday low of Rs 822.00.

It was trading with volumes of 268,022 shares, compared to its five day average of 56,673 shares, an increase of 372.93 percent.

In the previous trading session, the share closed up 0.16 percent or Rs 1.40 at Rs 893.50.

The share touched a 52-week high of Rs 1,398.00 and a 52-week low of Rs 652.50 on 09 January, 2025 and 30 September, 2024, respectively.

Currently, the stock is trading 40.86 percent below its 52-week high and 26.7 percent above its 52-week low.

Market capitalisation stands at Rs 10,201.93 crore.

Sensex Today | Adani seeks battery tieup with China’s BYD in renewables push: Bloomberg

Adani Enterprises was quoting at Rs 2,355.80, up Rs 5.25, or 0.22 percent.

It has touched an intraday high of Rs 2,373.75 and an intraday low of Rs 2,339.45.

It was trading with volumes of 41,650 shares, compared to its five day average of 48,151 shares, a decrease of -13.50 percent.

In the previous trading session, the share closed down 3.31 percent or Rs 80.40 at Rs 2,350.55.

The share touched a 52-week high of Rs 3,241.65 and a 52-week low of Rs 2,026.90 on 08 August, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 27.33 percent below its 52-week high and 16.23 percent above its 52-week low.

Market capitalisation stands at Rs 271,901.90 crore.

Results Today | Sona BLW Precision, Sun Pharma Advanced, TBO TEK, among others to announce earnings today

Shree Cement, Aurobindo Pharma, DLF, Escorts Kubota, Aditya Birla Capital, Marico, Ather Energy, Bosch, Delta Corp, Siemens Energy India, Godfrey Phillips India, INOX India, Kansai Nerolac Paints, Sona BLW Precision Forgings, Sun Pharma Advanced Research Company, TBO TEK, Triveni Turbine, and Unichem Laboratories will release their quarterly earnings on August 4.

Sensex Today | BSE Midcap index recovers 290 points from day's low; index up 0.4%

Deveya Gaglani, Senior Research Analyst- Commodities, Axis Securities

Comex Gold traded with volatility last week but still ended with gains of nearly 1%. The softer-than-expected Non-Farm Payroll data reinforced signs of a cooling labour market and strengthened expectations of a Federal Reserve rate cut in September. The US economy added just 73,000 jobs in July, significantly below the forecast of 100,000, while the unemployment rate edged higher to 4.2% from 4.1% in June.

Following the data release, market participants increased the probability of a September rate cut to 75%, up from 45% previously. Additionally, President Trump's reaffirmation of a 10% global base tariff, along with new retaliatory duties of up to 41% on countries without trade agreements, could further support a bullish undertone for gold.

In the MCX, gold prices are back above the Rs 1,00,000 level after the dollar index drifted lower from USD 100.2 down to $98.7, which is supportive for the yellow metal. This week, we expect prices to trade with a positive bias as long as the Rs 97,000 level is intact on the downside.

Earnings Watch | Alivus Life Sciences Q1 consolidated profit, revenue rise

#1 Profit soars 9 percent to Rs 121.5 crore Vs Rs 111.5 crore, YoY

#2 Revenue rises 2.2 percent to Rs 601.8 crore Vs Rs 588.6 crore, YoY

Alivus Life Sciences was quoting at Rs 951.70, down Rs 49.55, or 4.95 percent.

It has touched an intraday high of Rs 990.00 and an intraday low of Rs 941.45.

It was trading with volumes of 12,060 shares, compared to its five day average of 26,938 shares, a decrease of -55.23 percent.

In the previous trading session, the share closed down 2.82 percent or Rs 29.05 at Rs 1,001.25.

The share touched a 52-week high of Rs 1,335.00 and a 52-week low of Rs 827.10 on 16 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 28.71 percent below its 52-week high and 15.06 percent above its 52-week low.

Market capitalisation stands at Rs 11,670.62 crore.

Markets@12 | Sensex rises 300 pts, Nifty near 24700

The Sensex was up 298.39 points or 0.37 percent at 80,898.30, and the Nifty was up 109.65 points or 0.45 percent at 24,675.00. About 1853 shares advanced, 1641 shares declined, and 153 shares unchanged.

Brokerage Call | Morgan Stanley keeps 'underweight' rating on MCX, target price at Rs 5,750

#1 Q1 PAT beat estimates by 4 percent

#2 Core EBITDA 2 percent below estimates due to higher employee & statutory fund costs

#3 PBT beat estimates by 2 percent

#4 Average daily transaction revenue down

#5 Cautious due to high valuation & revenue concentration

MCX share price: The sharp rise in the share price rippled down to the other capital market stocks as well, pushing the sectoral index higher nearly 2% in the morning. CDSL, Aditya Birla Sun Life AMC, CAMS and Anand Rathi Wealth Management shares gained up to 3%....Read More

Earnings Watch | LIC Housing Finance Q1 consolidated profit, revenue rise marginally

#1 Profit soars 4.4 percent to Rs 1,363.9 crore Vs Rs 1,306.3 crore, YoY

#2 Revenue increases 3.9 percent to Rs 2,075.7 crore Vs Rs 1,997.4 crore, YoY

LIC Housing Finance was quoting at Rs 586.00, up Rs 17.10, or 3.01 percent.

It has touched an intraday high of Rs 588.20 and an intraday low of Rs 570.90.

It was trading with volumes of 67,948 shares, compared to its five day average of 56,538 shares, an increase of 20.18 percent.

In the previous trading session, the share closed down 2.85 percent or Rs 16.70 at Rs 568.90.

The share touched a 52-week high of Rs 734.95 and a 52-week low of Rs 483.50 on 16 September, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 20.27 percent below its 52-week high and 21.2 percent above its 52-week low.

Market capitalisation stands at Rs 32,233.69 crore.

The company said its large orders were impacted by 'subdued market conditions', and the base order segment grew by 5 percent on year, during the June quarter. ...Read More

Earnings Watch | Stylam Industries Q1 consolidated revenue increases 16%, profit flat

#1 Profit falls 0.3 percent to Rs 28.3 crore Vs Rs 28.4 crore, YoY

#2 Revenue grows 16.7 percent to Rs 283 crore Vs Rs 242.6 crore, YoY

#3 Other income declines to 0.78 crore Vs Rs 2.6 crore, YoY

Stylam Industries was quoting at Rs 1,795.75, up Rs 15.60, or 0.88 percent.

It has touched an intraday high of Rs 1,810.20 and an intraday low of Rs 1,769.20.

In the previous trading session, the share closed up 2.03 percent or Rs 35.45 at Rs 1,780.15.

The share touched a 52-week high of Rs 2,736.00 and a 52-week low of Rs 1,441.00 on 17 October, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 34.37 percent below its 52-week high and 24.62 percent above its 52-week low.

Market capitalisation stands at Rs 3,043.45 crore.

Earnings Watch | Delhivery Q1 consolidated profit up 67%

#1 Profit spikes 67.5 percent to Rs 91 crore Vs Rs 54.4 crore, YoY

#2 Revenue grows 5.6 percent to Rs 2,294 crore Vs Rs 2,172.3 crore, YoY