Closing Bell: Nifty below 25,500, Sensex down 176 pts; auto, FMCG, smallcaps outshine

In the rangebound session on July 9, the Indian equity indices ended weak with Nifty below 25,500. At close, the Sensex was down 176.43 points or 0.21 percent at 83,536.08, and the Nifty was down 46.40 points or 0.18 percent at 25,476.10.

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.

Markets traded in a volatile but in a narrow range and ended marginally lower, extending the ongoing consolidation phase. After an initial dip, the Nifty attempted to recover in the first half; however, a sharp decline in select heavyweights during the final hours derailed the recovery and dragged the index lower. Eventually, the Nifty settled at 25,476.10, down by 0.18%.

On the sectoral front, the mixed trend persisted—FMCG and auto sectors edged higher, while realty, metal, and IT were among the top losers. The broader market also reflected a mixed performance, with the small-cap index gaining over half a percent, while the mid-cap index ended almost flat.

While the tariff-related concerns linger, the focus now shifts to the earnings season, with IT major, TCS, scheduled to announce its results on Thursday, July 10. Additionally, the weekly expiry could add to the choppiness. Amid all this, we maintain our bullish stance and recommend continuing with a “buy on dips” strategy, with a strong emphasis on stock selection.

Panacea Biotec ended at Rs 421.90, up Rs 18.35, or 4.55 percent. It has touched an intraday high of Rs 434.75 and an intraday low of Rs 403.40.

It was trading with volumes of 15,737 shares, compared to its five day average of 13,249 shares, an increase of 18.78 percent.

In the previous trading session, the share closed down 0.69 percent or Rs 2.80 at Rs 403.55.

The share touched a 52-week high of Rs 581.00 and a 52-week low of Rs 129.65 on 15 May, 2025 and 22 July, 2024, respectively.

Currently, the stock is trading 27.38 percent below its 52-week high and 225.41 percent above its 52-week low.

Market capitalisation stands at Rs 2,584.17 crore.

The adjusted EBITDA for Q1 FY 26 stood at Rs 42.12 crore, reflecting 745% YoY growth.

Umiya Buildcon ended at Rs 80.10, down Rs 3.41, or 4.08 percent. It has touched an intraday high of Rs 89.99 and an intraday low of Rs 80.09.

It was trading with volumes of 34,289 shares, compared to its five day average of 5,634 shares, an increase of 508.65 percent.

In the previous trading session, the share closed down 1.91 percent or Rs 1.63 at Rs 83.51.

The share touched a 52-week high of Rs 126.80 and a 52-week low of Rs 56.10 on 19 September, 2024 and 13 March, 2025, respectively.

Currently, the stock is trading 36.83 percent below its 52-week high and 42.78 percent above its 52-week low.

Market capitalisation stands at Rs 149.66 crore.

Nifty witnessed range-bound movement after a strong upmove, facing stiff resistance around 25,500–25,550. On the hourly chart, the index has slipped below the 50-hour simple moving average, while the RSI has also moved below the 50 mark, indicating weakening momentum. However, it continues to hold above the breakout zone of 25,200–25,250, which may act as immediate support in the short term. As long as this level is sustained, the broader trend remains positive. A sustained move above 25,550 could trigger fresh upside.

Today, the Indian stock market closed marginally lower, with the Nifty 50 index slipping by approximately 0.22% to 25,476, down 46 points from the previous close. The market exhibited volatility throughout the session, with the index fluctuating between a low of 25,424.8 and a high of 25,548.7. The negative closing was primarily influenced by the nationwide Bharat Bandh strike called by a coalition of trade unions protesting government policies perceived to favor large corporations at the expense of workers.

Although the stock exchanges remained open, the strike caused disruptions in banking, transport, and other sectors, leading to cautious investor sentiment and subdued trading volumes in certain regions. Market participants also remained cautious ahead of upcoming corporate earnings announcements and global macroeconomic.

The Indian Rupee reversed its initial losses to gain throughout the day, performing better than most other Asian currencies. This strength was primarily attributed to dollar supply from local banks and renewed optimism surrounding a potential US-India trade deal. Meanwhile, the dollar index experienced fluctuated in the narrow range as US President Donald Trump reiterated his commitment to aggressive tariff plans, emphasizing that he would not grant further extensions on country-specific levies slated for early August.

In the near term, the spot USDINR is expected to face resistance at 86.30 and find support at 85.25.

A rangebound activity was witnessed for most part of the session, but a sudden fall in the last session dragged the Index lower to close the trade at 25,476.10 with a loss of 46.40 points. FMCG was the top gainer, followed by Auto, whereas Realty and Metal declined by over 1.40% each. A mixed trend was seen among the Broader markets, where Midcaps more or less moved in tandem with Nifty50, while Smallcaps outperformed. Despite the Flag and Pole formation breakout, the Index failed to capitalise on the positive momentum and formed a bearish candle. In terms of levels, 25,580 and 25,430 will continue to act as immediate resistance and support, respectively.

Indian rupee ended flat at 85.68 per dollar on Wednesday versus Tuesday's close of 85.70.

In the rangebound session on July 9, the Indian equity indices ended weak with Nifty below 25,500.

At close, the Sensex was down 176.43 points or 0.21 percent at 83,536.08, and the Nifty was down 46.40 points or 0.18 percent at 25,476.10. About 1973 shares advanced, 1888 shares declined, and 123 shares unchanged.

Biggest Nifty losers included Tata Steel, HCL Technologies, Hindalco Industries, Apollo Hospitals, Tech Mahindra, while gainers were Shriram Finance, Bajaj Finance, HUL, UltraTech Cement, Coal India.

On the sectoral front, Metal, Realty and Oil & Gas indices down 1.4 percent each, media, IT, PSU Bank down 0.5 percent each, while FMCG, auto, Consumer Durables up 0.3-0.8 percent.

The BSE midcap index was ended flat, while smallcap index added 0.5 percent.

#1 Slow consumption growth in mature malls

#2 Ramp-up likely FY28 onwards

#3 Valuation appears stretched

#4 Retail consumption CAGR at 9 percent/11 percent by FY27/FY30 vs 40 percent over FY22-25

June 2025, being quarter-end, has seen significantly less outflows from institutional investors compared to historic quarter-ends. Also, a new sub-category introduced by SEBI under FOF called Income Plus Arbitrage FOF has seen encouraging traction from both institutional and retail investors. This has led to strong flows into arbitrage and short to long duration categories indirectly.

Equity flows are well-calibrated into core categories like Flexi Cap, Large and Mid, Mid, and Small Cap categories.

Thematic fund flows are moderated to an extent. SIP flows, which are a dipstick for retail appetite, still continue to be strong, reflecting the confidence and maturity of retail investors and distributors. Gold and Silver ETFs continue to attract positive flows. Overall, another strong positive month of net flows for the MF industry, despite being a quarter-end.

The company has proposed to increase its galvanization capacity to 1.1 lakh MTPA from the current 40,500 MTPA, with an investment of Rs 170 crore at its Ranjangaon facility. The expansion is aimed at meeting captive demand and boosting sales in both domestic and international markets.

#1 Several consumer firms have faced severe issues in past few quarters on growth

#2 Competition & margin weighed on share prices

#3 See gradual improvement in some issues, even while others like competition may persist

#4 However, believe that several stocks factor in these risks

#5 See limited downside but a meaningful upside in case of a turn

#6 Upgrade Varun Bev, HUL & Asian Paints to buy from underperform

#7 Upgrade Asian Paints to buy, target raised to Rs 2,830 from Rs 2,200

#8 Upgrade Varun Beverages to buy, target raised to Rs 650 from Rs 560

#1 Recorded highest-ever quarterly pre-sales of Rs 2,080 crore in Q1

#2 Bengaluru’s share in sales decreased to 32 percent & is overtaken by NCR with a 49 percent share

#3 Geographical expansion should aid sales momentum

#4 Softness in housing sales volumes remains a concern

Indian Rupee weak on Wednesday on positive tone in the US Dollar and surge in crude oil prices. Weak domestic markets and uncertainty over trade tariffs also weighed on the Rupee. India and US are expected to finalise a mini trade deal which may support the domestic currency.

We expect Rupee to weaken on uncertainty over trade tariffs and rising crude oil prices. However, overall weakness in the US Dollar may support the Rupee at lower levels. Traders may remain cautious ahead of the FOMC meeting minutes USDINR spot price is expected to trade in a range of Rs 85.50 to Rs 86.0

The Sensex was down 187.66 points or 0.22 percent at 83,524.85, and the Nifty was down 50.90 points or 0.20 percent at 25,471.60. About 1776 shares advanced, 1726 shares declined, and 107 shares unchanged.

The share price has extended the gains on third consecutive session hitting 52-week high of Rs 17,049.35.

Market capitalisation stands at Rs 22,030.78 crore.

The share price rallied  144 percent in last 6 months.

#1 Dealer incentives have achieved broad parity across players

#2 Broad parity in dealer incentives incrementally positive in terms of competitive intensity

#3 Birla Opus Paints’ revenue target implies a high thr oughput per tinting machine

#4 Remain optimistic about underlying industry growth improving in H2FY26

#5 Buy call on Asian Paints, target raised to Rs 2,900 from Rs 2,700

#6 Buy call on Berger Paints, target raised to Rs 640 from Rs 620

Chhattisgarh Hydro Power LLP, a subsidiary entity of Sarda Energy and Minerals has received in-principle approval from Chhattisgarh State Power Distribution Company Ltd. for procuring power from 3x 8.3 MW Rehar -1 small hydro power project on long term basis and has commenced commercial operation of Rehar-1 small hydro power project.

Sarda Energy and Minerals was quoting at Rs 433.15, up Rs 9.35, or 2.21 percent. It has touched an intraday high of Rs 436.75 and an intraday low of Rs 424.10.

It was trading with volumes of 19,452 shares, compared to its five day average of 16,173 shares, an increase of 20.28 percent.

In the previous trading session, the share closed down 0.59 percent or Rs 2.50 at Rs 423.80.

The share touched a 52-week high of Rs 565.55 and a 52-week low of Rs 244.75 on 19 March, 2025 and 06 August, 2024, respectively.

Currently, the stock is trading 23.41 percent below its 52-week high and 76.98 percent above its 52-week low.

Market capitalisation stands at Rs 15,263.39 crore.

QIB – 5.46 times

NII - 0.94 times

Retail – 0.47 times

Employee Reserved - 1.23

Overall – 1.99 times

Sammaan Capital was quoting at Rs 129.10, up Rs 3.90, or 3.12 percent. It has touched an intraday high of Rs 129.60 and an intraday low of Rs 122.50.

It was trading with volumes of 14,671,677 shares, compared to its five day average of 689,393 shares, an increase of 2,028.20 percent.

In the previous trading session, the share closed up 0.93 percent or Rs 1.15 at Rs 125.20.

The share touched a 52-week high of Rs 179.35 and a 52-week low of Rs 97.80 on 22 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 28.02 percent below its 52-week high and 32 percent above its 52-week low.

Market capitalisation stands at Rs 10,707.29 crore.

Indian Energy Exchange (IEX) surged as much as 5% on Wednesday, July 9, even as government sources told CNBC-TV18 that the market coupling reform is not, in itself, a major reform for the power sector.

The company received a rectification order for reduction in tax demand to Rs 582.7 crore from Rs 1,164.77 crore.

MphasiS was quoting at Rs 2,869.25, down Rs 40.85, or 1.40 percent. It has touched an intraday high of Rs 2,875.00 and an intraday low of Rs 2,822.10. It was trading with volumes of 11,737 shares, compared to its five day average of 10,445 shares, an increase of 12.37 percent.

In the previous trading session, the share closed up 1.06 percent or Rs 30.45 at Rs 2,910.10.

The share touched a 52-week high of Rs 3,239.55 and a 52-week low of Rs 2,025.05 on 12 December, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 11.43 percent below its 52-week high and 41.69 percent above its 52-week low.

Market capitalisation stands at Rs 54,537.80 crore.

Indian rupee is trading near at day’s high at 85.73 per dollar versus Tuesday's close of 85.70.

#1 Profit sinks 42.5% to Rs 11.5 crore Vs Rs 20.1 crore, YoY

#2 Revenue declines 24% to Rs 77.7 crore Vs Rs 102.2 crore, YoY

#1 Global business grows 5% to Rs 22.14 lakh crore Vs Rs 21.08 lakh crore, YoY

#2 Global deposits increase 3.63% to Rs 12.39 lakh crore Vs Rs 11.96 lakh crore, YoY

#3 Global gross advances soar 6.8% to Rs 9.74 lakh crore Vs Rs 9.12 lakh crore, YoY

#4 Domestic RAM jumps 10.31% to Rs 5.44 lakh crore Vs Rs 4.94 lakh crore, YoY

#5 Domestic retail advances spike 25.60% to Rs 2.28 lakh crore Vs Rs 1.82 lakh crore, YoY

Oil and Natural Gas Corporation has awarded a contract for repair/ replacement of Spider Deck Members of Platform NLM9 in Western Offshore.

The contract is to be executed within a period not exceeding 90 days commencing around October 16, 2025.

The total contract value will be Rs 39,20,00,000 inclusive of GST and other taxes and duties (lumpsum).

Nippon Life India Asset Management was quoting at Rs 800.30, up Rs 11.55, or 1.46 percent. It has touched an intraday high of Rs 802.65 and an intraday low of Rs 783.60. It was trading with volumes of 1,597,438 shares.

In the previous trading session, the share closed up 1.19 percent or Rs 9.25 at Rs 788.75.

The share touched a 52-week high of Rs 820.35 and a 52-week low of Rs 456.05 on 09 June, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 2.44 percent below its 52-week high and 75.49 percent above its 52-week low.

Market capitalisation stands at Rs 50,847.43 crore.

FSN E-Commerce Ventures Nykaa was quoting at Rs 210.30, up Rs 7.75, or 3.83 percent. It has touched an intraday high of Rs 211.00 and an intraday low of Rs 201.90. It was trading with volumes of 241,764 shares.

In the previous trading session, the share closed up 0.50 percent or Rs 1.00 at Rs 202.55.

The share touched a 52-week high of Rs 229.90 and a 52-week low of Rs 154.90 on 23 August, 2024 and 04 March, 2025, respectively.

Currently, the stock is trading 8.53 percent below its 52-week high and 35.77 percent above its 52-week low.

Market capitalisation stands at Rs 60,150.43 crore.

Bharti Airtel and Ericsson have deepened their long-standing relationship with a new agreement to support Bharti Airtel’s rollout of Fixed Wireless Access (FWA) services in India with its core network portfolio. The deployment will enhance Airtel core capability and capacity for Fixed Wireless Access, thereby elevating the customer experience for Airtel FWA users.

USD/INR opened higher at 85.87, gaining 18 paise, driven by a fresh wave of U.S. tariff concerns under President Trump. While no new tariffs have been imposed on India, Trump's threats of steep tariffs on the pharmaceutical sector pose a latent risk. Foreign portfolio investors (FPIs) turned positive in the first week of July after net outflows in June, offering some support to the rupee. However, vigilance is warranted as the U.S. Dollar Index strengthens and long-term U.S. and Japanese bond yields surge, potentially sparking risk-off sentiment in global markets.

We anticipate USD/INR to trade within a 85.50–86.50 range on the spot market, with an upward bias. Key support lies at 85.50–85.75, while resistance is near 86.35–86.50. A break above 86.50 could target 87.00

Prestige Estates Projects has kicked off FY26 with its strongest quarterly performance to date, clocking an all-time high of Rs 121,264 million in sales in the

quarter ended June 30, 2025 (Q1 FY26), marking a 300% growth over the same period last year.

Prestige Estates Projects share price snapped 3-day gains as it was quoting at Rs 1,646.00, down Rs 14.35, or 0.86 percent. It has touched an intraday high of Rs 1,661.05 and an intraday low of Rs 1,630.15. It was trading with volumes of 15,760 shares

In the previous trading session, the share closed up 1.88 percent or Rs 30.60 at Rs 1,660.35.

The share touched a 52-week high of Rs 1,971.00 and a 52-week low of Rs 1,048.30 on 17 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 16.49 percent below its 52-week high and 57.02 percent above its 52-week low.

Market capitalisation stands at Rs 70,898.20 crore.

#1 Pre-sales momentum to be weaker than expectations

#2 Valuation looks stretched

#3 Expect FY26 pre-sales of Rs 31,000 crore vs guidance of Rs 32,500 crore

#4 Volume-driven strategy poses risk of further equity dilution & execution challenges

#5 Challenges to execution are visible given deliveries

Dixon Technologies was quoting at Rs 15,780.00, up Rs 309.95, or 2.00 percent. It has touched an intraday high of Rs 15,864.95 and an intraday low of Rs 15,543.95. It was trading with volumes of 16,888 shares.

In the previous trading session, the share closed up 0.27 percent or Rs 41.15 at Rs 15,470.05.

The share touched a 52-week high of Rs 19,149.80 and a 52-week low of Rs 10,613.00 on 17 December, 2024 and 23 July, 2024, respectively.

Currently, the stock is trading 17.6 percent below its 52-week high and 48.69 percent above its 52-week low.

Market capitalisation stands at Rs 95,433.77 crore.

Hindustan Petroleum Corporation was quoting at Rs 447.45, down Rs 5.25, or 1.16 percent. It has touched an intraday high of Rs 454.85 and an intraday low of Rs 446.85. It was trading with volumes of 79,313 shares.

In the previous trading session, the share closed up 1.33 percent or Rs 5.95 at Rs 452.70.

The share touched a 52-week high of Rs 457.20 and a 52-week low of Rs 287.55 on 05 September, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 2.13 percent below its 52-week high and 55.61 percent above its 52-week low.

Market capitalisation stands at Rs 95,209.42 crore.

QIB – 3.27 times

NII - 0.58 times

Retail – 0.40 times

Employee Reserved - 1.11

Overall – 1.26 times

The Sensex was up 17.39 points or 0.02 percent at 83,729.90, and the Nifty was up 6.05 points or 0.02 percent at 25,528.55. About 1840 shares advanced, 1569 shares declined, and 123 shares unchanged.

The company has received a development order for 3.3 MW turbine parts from Adani Wind. The development phase is expected to be completed in Q3 FY26, with serial production scheduled to begin in Q4 FY26.

With this new order, the company’s order book with Adani Wind is projected to double from Rs 20 crore in FY25 to Rs 40 crore in FY26, based on forecasted volumes.

Union Bank of India is currently consolidating within a defined range of Rs 159–Rs 138, indicating a sideways trend in the near term. Until a decisive breakout on either side occurs, the view remains range-bound.

From an indicator perspective, the Relative Strength Index (RSI) is trading below the midpoint, signaling a lack of directional momentum. Traders holding positions may consider maintaining them with a strict stop loss below Rs 138, while fresh directional trades should be avoided unless the range is

breached decisively.

A very healthy growth witnessed in net equity flows MoM by approximately 5k crore. SIP registrations in count as well as flow has touched all time high of 27.3k crore which is up by almost 600 crore.

There is confidence amongst retail investors which is reflecting through the incremental flows, this is very healthy and positive for the industry and Indian markets.

The company informed that consequent upon successful commissioning and due approvals, Unit II (250 MW) of Tehri PSP (4X250 MW) of THDC India is declared on commercial operation w.e.f. 00:00 Hrs of 10.07.2025.With this, total installed and commercial capacity of THDC India Limited has now become 2,747 MW.

NTPC was quoting at Rs 344.70, up Rs 1.50, or 0.44 percent. It has touched an intraday high of Rs 345.60 and an intraday low of Rs 342.70. It was trading with volumes of 317,999 shares.

In the previous trading session, the share closed up 1.64 percent or Rs 5.55 at Rs 343.20.

The share touched a 52-week high of Rs 448.30 and a 52-week low of Rs 292.70 on 30 September, 2024 and 17 February, 2025, respectively.

Currently, the stock is trading 23.11 percent below its 52-week high and 17.77 percent above its 52-week low.

Market capitalisation stands at Rs 334,244.08 crore.

360 ONE WAM was quoting at Rs 1,205.60, down Rs 16.75, or 1.37 percent. It has touched an intraday high of Rs 1,218.15 and an intraday low of Rs 1,197.75.

It was trading with volumes of 7,552 shares.

In the previous trading session, the share closed down 2.17 percent or Rs 27.15 at Rs 1,222.35.

The share touched a 52-week high of Rs 1,317.25 and a 52-week low of Rs 766.05 on 03 January, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 8.48 percent below its 52-week high and 57.38 percent above its 52-week low.

Market capitalisation stands at Rs 48,735.02 crore.

#1 Recorded highest-ever quarterly pre-sales of Rs 2,080 crore in Q1

#2 Bengaluru’s share in sales decreased to 32 percent & is overtaken by NCR with a 49 percent share

#3 Geographical expansion should aid sales momentum

#4 Softness in housing sales volumes remains a concern

Indian rupee has erased most of the opening losses and trading at day’s high at 85.77 per dollar versus Tuesday's close of 85.70.

Vedanta was quoting at Rs 437.80, down Rs 18.40, or 4.03 percent. It has touched an intraday high of Rs 461.15 and an intraday low of Rs 421. It was trading with volumes of 582,413 shares.

In the previous trading session, the share closed up 0.41 percent or Rs 1.85 at Rs 456.20.

The share touched a 52-week high of Rs 527.00 and a 52-week low of Rs 362.20 on 16 December, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 16.93 percent below its 52-week high and 20.87 percent above its 52-week low.

Market capitalisation stands at Rs 171,196.79 crore.

Hindustan Zinc was quoting at Rs 424.15, down Rs 12.05, or 2.76 percent. It has touched an intraday high of Rs 437.45 and an intraday low of Rs 415.30. It was trading with volumes of 232,394 shares.

In the previous trading session, the share closed down 0.24 percent or Rs 1.05 at Rs 436.20.

The share touched a 52-week high of Rs 683.45 and a 52-week low of Rs 378.65 on 12 July, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 37.94 percent below its 52-week high and 12.02 percent above its 52-week low.

Market capitalisation stands at Rs 179,216.91 crore.

QIB – 0.44 times

NII - 0.45 times

Retail – 0.37 times

Employee Reserved - 1.01

Overall – 0.41 times

India’s largest software exporter Tata Consultancy Services (TCS) will kick starts the first quarter earnings season for the financial year 2026 on July 10, as the information technology sector faces multiple headwinds.

A slowdown in demand, uncertainties driven by global trade tensions and artificial intelligence boom are the largest challenges facing the IT sector.

While IT firms, including TCS, were cautiously optimistic about their growth in FY26 based on their deal pipeline in the previous quarter, their commentary will be crucial. Read More

Axis Bank was quoting at Rs 1,166.30, up Rs 0.90, or 0.08 percent. It has touched an intraday high of Rs 1,171.00 and an intraday low of Rs 1,159.20. It was trading with volumes of 34,190 shares.

In the previous trading session, the share closed down 0.85 percent or Rs 10.05 at Rs 1,165.40.

The share touched a 52-week high of Rs 1,339.55 and a 52-week low of Rs 934.00 on 12 July, 2024 and 27 January, 2025, respectively.

Currently, the stock is trading 12.93 percent below its 52-week high and 24.87 percent above its 52-week low.

Market capitalisation stands at Rs 361,710.58 crore.

#1 Profit sinks 42.5% to Rs 11.5 crore Vs Rs 20.1 crore, YoY

#2 Revenue declines 24% to Rs 77.7 crore Vs Rs 102.2 crore, YoY

Aurionpro Solutions today announced a major milestone with the signing of a landmark deal to deliver its cutting-edge, comprehensive digital banking solution to a leading bank in Africa.

This marks Aurionpro’s first major win for its digital banking software in the region, highlighting the increasing global demand for its advanced banking solutions.

During a cabinet meeting, Trump called for up to 200% tariffs on pharmaceuticals and 50% tariffs on copper products. Copper futures jumped over 17% before pulling back slightly. The copper tariffs look more imminent, with Trump indicating that the drug tariffs were still a ways off.

Next resistance zone is around 25600 – 25675 A decisive close above this trading range can push the Nifty higher towards its all-time high of 26277.

Hourly low of 25400 will be an important support level.

P N Gadgil Jewellers was quoting at Rs 601.30, down Rs 2.35, or 0.39 percent.

It has touched an intraday high of Rs 608.50 and an intraday low of Rs 596.10.

In the previous trading session, the share closed down 1.00 percent or Rs 6.10 at Rs 603.65.

Market capitalisation stands at Rs 8,160.14 crore.

#1 Have Rs 61,600 crore transmission projects on hand, up 3.6x YoY

#2 Distribution growth is steady in Mumbai, with Mundra having potential to offer upside

#3 Smart meter is seeing progress in commissioning, a key growth driver going forward

#4 Company trading at a 79 percent discount to its January 2023 peak

The company has received Letter of Acceptance (LOA) from BPCL against offer through tender, for supply of 2,00,000 number of 10.0 Kg Composite LPG Cylinders. The total supply is expected to be valued at around Rs 54 crore.

The Sensex was down 22.12 points or 0.03 percent at 83,690.39, and the Nifty was up 1.30 points or 0.01 percent at 25,523.80. About 1953 shares advanced, 1303 shares declined, and 144 shares unchanged.

#1 Q4 saw 2.6 GW addition vs 675 MW in 9MFY25

#2 Q1FY26 has continued the pace with 1.6 GW being commissioned

#3 Valuations are at a 60 percent discount to Jan 2023 peak

#4 Promoter infusion of Rs 9,350 crore to keep balance sheet intact for execution

The Banking & Finance Committee of the company will meet on July 11 to consider the purchase/repurchase of outstanding non-convertible debentures (NCDs) issued on a private placement basis.

Shriram Finance was quoting at Rs 675.20, up Rs 6.10, or 0.91 percent. It has touched an intraday high of Rs 677.50 and an intraday low of Rs 669.95. It was trading with volumes of 34,820 shares.

In the previous trading session, the share closed down 0.33 percent or Rs 2.20 at Rs 669.10.

The share touched a 52-week high of Rs 730.43 and a 52-week low of Rs 493.60 on 27 September, 2024 and 20 January, 2025, respectively.

Currently, the stock is trading 7.56 percent below its 52-week high and 36.79 percent above its 52-week low.

Market capitalisation stands at Rs 126,981.03 crore.

Sachin Jain has ceased to be the Chief Financial Officer of the company following his release from services during the probation period.

Jagsonpal Pharmaceuticals was quoting at Rs 229.90, up Rs 0.85, or 0.37 percent. It has touched an intraday high of Rs 231.00 and an intraday low of Rs 227.80. It was trading with volumes of 777 shares.

In the previous trading session, the share closed down 0.65 percent or Rs 1.50 at Rs 229.05.

The share touched a 52-week high of Rs 328.02 and a 52-week low of Rs 132.34 on 29 November, 2024 and 12 July, 2024, respectively.

Currently, the stock is trading 29.91 percent below its 52-week high and 73.72 percent above its 52-week low.

Market capitalisation stands at Rs 1,529.44 crore.

The company has proposed to increase its galvanization capacity to 1.1 lakh MTPA from the current 40,500 MTPA, with an investment of Rs 170 crore at its Ranjangaon facility. The expansion is aimed at meeting captive demand and boosting sales in both domestic and international markets.

CAMSPay has launched The CAMSPay New Payment Gateway, which supports over 5,000 transactions per second. It is designed as a future-proof payment solution tailored to address the real challenges faced by businesses in India’s fast-evolving payments landscape.

JPMorgan keeps overweight rating on the stock.

Syrma SGS Technology touched a 52-week high of Rs 663.60. It has touched an intraday high of Rs 663.60 and an intraday low of Rs 621.55. It was trading with volumes of 319,178 shares.

In the previous trading session, the share closed down 0.59 percent or Rs 3.65 at Rs 615.60.

The share touched a 52-week high of Rs 646.50 and a 52-week low of Rs 355.05 on 06 January, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 1.96 percent below its 52-week high and 85.66 percent above its 52-week low.

Market capitalisation stands at Rs 11,744.18 crore.

The government has approved the incorporation of a special purpose vehicle of the company — KPIN Clean Power Four LLP.

KPI Green Energy was quoting at Rs 511.25, up Rs 4.15, or 0.82 percent. It has touched an intraday high of Rs 515.45 and an intraday low of Rs 509.50. It was trading with volumes of 7,133 shares.

In the previous trading session, the share closed down 1.04 percent or Rs 5.35 at Rs 507.10.

The share touched a 52-week high of Rs 744.00 and a 52-week low of Rs 312.95 on 12 August, 2024 and 29 January, 2025, respectively.

Currently, the stock is trading 31.28 percent below its 52-week high and 63.36 percent above its 52-week low.

Market capitalisation stands at Rs 10,089.06 crore.

Shareholders have approved the appointment of Divya Karani as an Independent Director and Saurav Adhikari as a Non-Executive Director.

Zee Entertainment Enterprises was quoting at Rs 142.75, down Rs 2.90, or 1.99 percent. It has touched an intraday high of Rs 146.50 and an intraday low of Rs 142.10. It was trading with volumes of 185,346 shares.

In the previous trading session, the share closed up 0.45 percent or Rs 0.65 at Rs 145.65.

The share touched a 52-week high of Rs 163.90 and a 52-week low of Rs 89.29 on 16 July, 2024 and 04 March, 2025, respectively.

Currently, the stock is trading 12.9 percent below its 52-week high and 59.87 percent above its 52-week low.

Market capitalisation stands at Rs 13,711.41 crore.

Lightanium Technologies has been incorporated as a joint venture between Dixon Technologies (India) and Signify Innovations India. Dixon has acquired a 50% stake in Lightanium for Rs 2.5 crore.

Dixon Technologies was quoting at Rs 15,731.05, up Rs 261.00, or 1.69 percent. It has touched an intraday high of Rs 15,835.45 and an intraday low of Rs 15,543.95. It was trading with volumes of 11,127 shares.

In the previous trading session, the share closed up 0.27 percent or Rs 41.15 at Rs 15,470.05.

The share touched a 52-week high of Rs 19,149.80 and a 52-week low of Rs 10,613.00 on 17 December, 2024 and 23 July, 2024, respectively.

Currently, the stock is trading 17.85 percent below its 52-week high and 48.22 percent above its 52-week low.

Market capitalisation stands at Rs 95,137.73 crore.

The Sensex was down 38.22 points or 0.05 percent at 83,674.29, and the Nifty was down 9.50 points or 0.04 percent at 25,513.00. About 1758 shares advanced, 1264 shares declined, and 163 shares unchanged.