Closing Bell: Sensex down 346 pts, Nifty below 25,400; IT, PSU banks drag, metal, realty up

Indian equity indices ended on a negative note with Nifty around 25,350 on July 10. At close, the Sensex was down 345.80 points or 0.41 percent at 83,190.28, and the Nifty was down 120.85 points or 0.47 percent at 25,355.25.

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.

Today, the benchmark indices witnessed selling pressure at higher levels. The Nifty ends 121 points lower, while the Sensex was down by 346 points. Among sectors, intraday buying was seen in selective Realty and Metal stocks, whereas the Defense index was the top loser, shedding nearly 2 percent.

Technically, after a muted open, the market experienced consistent selling pressure throughout the day at higher levels. It also formed a bearish candle on daily charts and is exhibiting a lower top formation on intraday charts, which is largely negative.

We are of the view that the intraday market outlook is weak; however, a fresh selloff is possible only after the dismissal of 25,300/83,000. Below these levels, the market could slip to 25,200/82,700. Further selling pressure may continue, potentially dragging the market down to 25,225/82,500.

On the upside, above 25,450/83,400, we could see a quick intraday rally toward 25,550–25,650/83,700–84,000.

Today's trade was dominated by bears. After a muted start, the market witnessed a one-sided move toward the south, ultimately ending the session at 25,355.25 with a notable loss of 120.85 points. Except for the Realty and Metal, all other sectors closed in negative territory, with IT and PSU Banking being the major laggards. The broader markets outperformed the Frontline Index, as the Midcap and Smallcap segments managed to restrict their corrections.

Over the past few sessions, the level of 25,400 had acted as a strong support; however, it was breached in today’s trade, though a confirmatory move is required.

If the downward momentum continues, the correction could extend further toward the 25,200 mark, while resistance is now seen lower at 25,520.

Tata Consultancy Services on Thursday announced its Q1 FY26 net profit rose 6 percent year-on-year to Rs 12,760 crore. The earnings surpassed Street expectations. A Bloomberg consensus poll of analysts pegged TCS‘ April-June net profit growth at a muted 1.9% to Rs 12,263 crore.

India’s largest IT company also said its revenue grew 2.4 percent to Rs 65,097 crore for the April-June quarter. That was also higher than the Bloomberg consensus estimate of Rs 64,636 crore.

Indian equities concluded the day in the red, weighed down by weakness in IT stocks ahead of TCS’s Q1 results. Investor sentiment remains cautious ahead of the Q1 results in anticipation of a muted start to the season from the IT and finance sectors.

However, the recent consolidation in the IT stocks largely factors in the muted outlook, limiting further worries.

Meanwhile, mid- and small-caps had limited negative action, reflecting a wait-and-watch approach amid rising expectation of a better earnings outlook compared to large caps.

Markets edged lower and lost nearly half a percent on the weekly expiry day. After a flat start, the Nifty gradually drifted lower as the session progressed and finally settled near the day’s low, around the 25,355.25 mark. On the sectoral front, profit booking in IT majors ahead of TCS results weighed on the index, followed closely by weakness in FMCG and pharma stocks. However, the realty and metal sectors bucked the trend and closed in the green. The broader indices also ended with modest losses, continuing their profit-taking phase.

Markets will react to TCS’s earnings in early trade, with a keen eye on management commentary, which could set the initial tone. With the Nifty now hovering near its immediate and crucial support zone—marked by the 20-day exponential moving average (20-DEMA) and the upper boundary of its previous consolidation range around the 25,200–25,300 zone—it will be critical for the index to hold this level to maintain its positive bias. That said, with the earnings season underway, stock-specific opportunities are likely to emerge on both sides, so participants should align their positions accordingly.

Today, the Indian stock market closed in negative territory with the Nifty 50 index slipping by approximately 120 points, or 0.47%, to settle at 25,355. The market opened near 25,511 but faced selling pressure throughout the session, hitting a day low of 25,340.45 before closing lower than the previous day’s close of 25,476.10.

This decline marked a continuation of the cautious sentiment observed in recent sessions, as investors booked profits after a brief rally and remained wary ahead of the weekly derivatives expiry and key macroeconomic developments.

The negative closing was primarily driven by broad-based selling across sectors, with IT and PSU bank shares notably under pressure.

Despite positive signals from the US markets, the market’s upside remained capped by concerns over global uncertainties and the ongoing wait for clarity on the India-US mini trade deal, which is expected to influence market direction but has not yet triggered a breakout above the critical 25,500 resistance level.

Nifty slipped lower following a breakdown from the congestion zone on the daily chart, reinforcing the prevailing bearish sentiment. Additionally, the index has moved below the 21-hour exponential moving average.

The RSI (14) on the daily chart has also turned negative, indicating weakening momentum. In the short term, the trend is likely to remain weak, which could lead to further downside.

On the lower end, support is placed at 25,250–25,200, while on the higher end, resistance levels are seen at 25,400 and 25,500.

Rupee traded flat near 85.65, down by 0.07%, as mild strength in the dollar index and weakness in the capital markets weighed on sentiment. After yesterday’s strong rally, some profit booking was also observed. The rupee is expected to trade within a range of 85.30 to 85.90.

Indian rupee ended marginally higher at 85.64 per dollar on Thursday versus Wednesday's close of 85.68.

Indian equity indices ended on a negative note with Nifty around 25,350 on July 10.

At close, the Sensex was down 345.80 points or 0.41 percent at 83,190.28, and the Nifty was down 120.85 points or 0.47 percent at 25,355.25. About 1919 shares advanced, 1947 shares declined, and 140 shares unchanged.

Except metal, realty, all other indices ended lower with pharma, telecom, IT, PSU Bank, FMCG down 0.5 percent each.

Nifty Midcap and smallcap indices shed 0.3 percent each.

Bharti Airtel, HDFC Life, Asian Paints, Apollo Hospitals, Shriram Finance were among major losers on the Nifty, while gainers were IndusInd Bank, Maruti Suzuki, Tata Steel, Bajaj Finance, Bajaj Finserv.

#1 Grasim has multiple opportunities playing out that could lift share price in medium term

#2 Further value is being unlocked for paints business

#3 Strong earnings compounding at UltraTech

#4 New-age businesses scaling up fast

#5 Holdco discounts continue to moderate

Tata Consultancy Services was quoting at Rs 3,379.05, down Rs 5.30, or 0.16 percent. It has touched an intraday high of Rs 3,396.75 and an intraday low of Rs 3,356.35.

It was trading with volumes of 239,760 shares, compared to its five day average of 158,739 shares, an increase of 51.04 percent.

In the previous trading session, the share closed down 0.65 percent or Rs 22.00 at Rs 3,384.35.

The share touched a 52-week high of Rs 4,585.90 and a 52-week low of Rs 3,060.25 on 02 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 26.32 percent below its 52-week high and 10.42 percent above its 52-week low.

Market capitalisation stands at Rs 1,222,569.86 crore.

GP Eco Solutions India Limited has received an Engineering, Procurement and Construction (EPC) contract for the execution of a solar power project.

The project involves the development of a Ground Mounted Grid-Connected Solar Power Plant with a capacity of cumulative 24 MWac / 31.67 MWdc, to be located at State of Punjab, India. The project will be executed under the Open Access Captive Metering Arrangement and is scheduled to be fully commissioned on or before March 31, 2026.

The Sensex was down 384.77 points or 0.46 percent at 83,151.31, and the Nifty was down 129.65 points or 0.51 percent at 25,346.45. About 1716 shares advanced, 1787 shares declined, and 119 shares unchanged.

Petronet LNG Limited has signed a Regasification Agreement with Performance Chemiserve Limited, a wholly owned subsidiary of Deepak Mining Solutions Limited, which is a wholly owned subsidiary of Deepak Fertilisers and Petrochemicals Corporation Limited, on 10th July 2025.

Petronet LNG was quoting at Rs 305.95, up Rs 0.35, or 0.11 percent. It has touched an intraday high of Rs 307.35 and an intraday low of Rs 303.20. It was trading with volumes of 90,886 shares, compared to its five day average of 507,268 shares, a decrease of -82.08 percent.

In the previous trading session, the share closed up 0.18 percent or Rs 0.55 at Rs 305.60.

The share touched a 52-week high of Rs 384.90 and a 52-week low of Rs 269.90 on 21 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 20.51 percent below its 52-week high and 13.36 percent above its 52-week low.

Market capitalisation stands at Rs 45,892.50 crore.

QIB – 0.00 times

NII - 0.60 times

Retail – 0.43 times

Employee Reserved - 0.41

Overall – 0.35 times

Indian rupee is trading flat at 85.65 per dollar versus Wednesday's close of 85.68.

#1 AR analysis highlights improvement in granular liabilities, control on costs

#2 AR analysis shows increase in salary accounts, cut-back in certain cost heads

#3 AR analysis shows sharp growth in bancassurance fees

#4 Reiterate that small improvements can be big stock catalysts

JTL Industries announced a significant capacity expansion initiative with the planned commissioning of a new Electric Resistance Welded (ERW) pipe manufacturing line, specifically targeted to serve the ASTM/API-grade pipe market.

Power Finance Corporation was quoting at Rs 430.40, up Rs 12.70, or 3.04 percent. It has touched an intraday high of Rs 432.35 and an intraday low of Rs 422.30.

It was trading with volumes of 1,048,194 shares, compared to its five day average of 279,395 shares, an increase of 275.17 percent.

In the previous trading session, the share closed down 0.54 percent or Rs 2.25 at Rs 417.70.

The share touched a 52-week high of Rs 580.35 and a 52-week low of Rs 357.25 on 12 July, 2024 and 17 February, 2025, respectively.

Currently, the stock is trading 25.84 percent below its 52-week high and 20.48 percent above its 52-week low.

Market capitalisation stands at Rs 142,036.38 crore.

Indian Oil Corporation was quoting at Rs 152.25, up Rs 2.15, or 1.43 percent. It has touched an intraday high of Rs 152.30 and an intraday low of Rs 150.

It was trading with volumes of 306,599 shares, compared to its five day average of 1,082,358 shares, a decrease of -71.67 percent.

In the previous trading session, the share closed down 2.41 percent or Rs 3.70 at Rs 150.10.

The share touched a 52-week high of Rs 185.95 and a 52-week low of Rs 110.75 on 30 July, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 18.12 percent below its 52-week high and 37.47 percent above its 52-week low.

Market capitalisation stands at Rs 214,995.85 crore.

The Sensex was down 314.48 points or 0.38 percent at 83,221.60, and the Nifty was down 99.40 points or 0.39 percent at 25,376.70. About 1502 shares advanced, 1962 shares declined, and 126 shares unchanged.

Tata Consultancy Services, Tata Elxsi, Indian Renewable Energy Development Agency IREDA, Anand Rathi Wealth, Eimco Elecon (India), GTPL Hathway, International Travel House, Netlink Solutions India, Oswal Pumps, and Silverline Technologies will release their quarterly earnings on July 10

A meeting of the board of directors of the company is scheduled to be held on Saturday, 12 July, 2025, through video conferencing, to consider and approve, an enabling resolution for raising funds upto Rs 2500 crore, by way of issue of any permissible securities, subject to approval of the shareholders in the ensuing 35th Annual General Meeting of the company.

Oil India Limited (OIL) and GAIL (India) have signed the agreement for extending the existing Gas Sale and Purchase Agreement for another 15-years, starting from 1st July 2025, to supply up to 900,000 Standard Cubic Meters per Day (SCMD) of natural gas from

OIL’s Rajasthan Gas Fields.

NIIT Learning Systems has completed the acquisition of Munich, Germany-based MST Group, a leader in managed learning services in the DACH region (Germany, Austria, Switzerland).

The company was acquired through NIIT MTS’ wholly owned subsidiary NIIT (Ireland) Limited for Euro 22.37 million, subject to certain adjustments as per the terms of the definitive agreements.

NIIT Learning Systems was quoting at Rs 338.15, up Rs 3.65, or 1.09 percent.

It has touched an intraday high of Rs 350.15 and an intraday low of Rs 334.30. It was trading with volumes of 8,052 shares, compared to its five day average of 11,907 shares, a decrease of -32.37 percent.

In the previous trading session, the share closed down 0.24 percent or Rs 0.80 at Rs 334.50.

The share touched a 52-week high of Rs 542.00 and a 52-week low of Rs 322.95 on 25 September, 2024 and 02 June, 2025, respectively.

Currently, the stock is trading 37.61 percent below its 52-week high and 4.71 percent above its 52-week low.

Market capitalisation stands at Rs 4,622.05 crore.

Redington has signed a Revenue Acceleration Pilot (REAP) contract with Amazon Web Services (AWS), establishing a "downstream" Strategic Distribution Agreement.

The REAP program is designed to help high-potential AWS Partner Network (APN) partners tap into the combined technical expertise and strengths of both AWS and Redington.

The United States Food and Drug Administration (US FDA) conducted a pre-approval inspection (PAI) of the company’s oncology manufacturing facility at Ahmedabad between June 30 and July 8. The inspection concluded without the issuance of Form 483 (zero observations).

Emcure Pharmaceuticals was quoting at Rs 1,275.40, up Rs 19.20, or 1.53 percent. It has touched an intraday high of Rs 1,287.00 and an intraday low of Rs 1,266.

It was trading with volumes of 4,997 shares, compared to its five day average of 9,643 shares, a decrease of -48.18 percent.

In the previous trading session, the share closed up 1.06 percent or Rs 13.20 at Rs 1,256.20.

The share touched a 52-week high of Rs 1,577.50 and a 52-week low of Rs 890.00 on 18 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 19.15 percent below its 52-week high and 43.3 percent above its 52-week low.

Market capitalisation stands at Rs 24,169.89 crore.

#1 Grasim has multiple opportunities playing out that could lift share price in medium term

#2 Further value is being unlocked for paints business

#3 Strong earnings compounding at UltraTech

#4 New-age businesses scaling up fast

#5 Holdco discounts continue to moderate

India’s commercial office stock stands at an estimated 883 million sq. ft. as of Q1 CY2025. It is concentrated in the top nine cities—Bengaluru, Mumbai Metropolitan Region (MMR), Hyderabad, Gurgaon, Chennai, Pune, Noida, Kolkata, and Delhi—in order of market size. The total stock of approximately 883 million sq. ft. is considered organized and is purely utilized as office space.

India’s office real estate landscape has transformed significantly over the past two and a half decades. Since the early 2000s, office stock has grown more than 20 times and is now expected to grow at a 6.7% CAGR between 2025 and 2027.

Smartworks Coworking Spaces Limited, the largest managed campus operator in India, has a presence in 15 cities and operates 50 centres, positioning it well to benefit from the expected growth. The company aims to strategically expand into the variable rental and management contract models as well and intends.

#1 Clocked its best-ever quarterly pre-sales aided by launch of four projects spanning

#2 Prestige city project in NCR contributed 59 percent to bookings

#3 Collections too surged 55 percent YoY, its highest-ever

#4 Company delivered approximately 5.45 msf of projects during quarter

#5 Occupancy in office/retail portfolio stood at a healthy 93.7 percent/98.9 percent

Hero MotoCorp announced the appointment of Ms. Kausalya Nandakumar as Chief Business Officer – Emerging Mobility Business Unit, effective July 10, 2025.

Hero Motocorp was quoting at Rs 4,319.15, down Rs 15.65, or 0.36 percent.

It has touched an intraday high of Rs 4,348.25 and an intraday low of Rs 4,312.00.

It was trading with volumes of 5,212 shares, compared to its five day average of 32,437 shares, a decrease of -83.93 percent.

In the previous trading session, the share closed up 0.88 percent or Rs 37.65 at Rs 4,334.80.

The share touched a 52-week high of Rs 6,245 and a 52-week low of Rs 3,322.60 on 24 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 30.84 percent below its 52-week high and 29.99 percent above its 52-week low.

Market capitalisation stands at Rs 86,389.78 crore.

Peninsula Land was quoting at Rs 42.69, up Rs 6.53, or 18.06 percent. It has touched an intraday high of Rs 42.76 and an intraday low of Rs 35.50.

It was trading with volumes of 636,502 shares, compared to its five day average of 120,755 shares, an increase of 427.10 percent.

In the previous trading session, the share closed up 8.62 percent or Rs 2.87 at Rs 36.16.

The share touched a 52-week high of Rs 71.39 and a 52-week low of Rs 21.05 on 11 July, 2024 and 04 March, 2025, respectively.

Currently, the stock is trading 40.2 percent below its 52-week high and 102.8 percent above its 52-week low.

Market capitalisation stands at Rs 1,416.15 crore.

The share price rose 52 percent in the last one-month.

The Sensex was down 263.64 points or 0.32 percent at 83,272.44, and the Nifty was down 84.50 points or 0.33 percent at 25,391.60. About 1609 shares advanced, 1817 shares declined, and 137 shares unchanged.

QIB – 0.00 times

NII - 0.35 times

Retail – 0.29 times

Employee Reserved - 0.31

Overall – 0.22 times

Shilpa Medicare’s Unit VI facility, located at Dabaspet, Bengaluru, Karnataka, has received SFDA, Saudi Arabia, GMP certification.

This follows the on-site inspection of this Site from 18 – 20th Feb 2025. This was a full GMP inspection of entire facility with specific focus on Ondansetron Oral Film drug product.

The inspection was closed with ZERO observations.

#1 Weak Q2 volume priced in

#2 Key question from investors is whether slowdown is seasonal or structural

#3 Changing competitive dynamics are healthy for a growing soft drink market

#4 Company should sustain growth in-line with industry

#5 Trim volume forecasts on an early monsoon; reflects lower estimate

ACME Solar Holdings was quoting at Rs 285.00, up Rs 21.85, or 8.30 percent. It has touched an intraday high of Rs 286.00 and an intraday low of Rs 263.90.

In the previous trading session, the share closed up 1.88 percent or Rs 4.85 at Rs 263.15.

Market capitalisation stands at Rs 17,245.00 crore.

#1 Ability to consistently replicate its operating model across multiple states

#2 Benefits from its smaller size, faster growth, superior productivity metrics

#3 Greater flexibility to sustain profitability compared to peers

India’s largest software exporter Tata Consultancy Services (TCS) will kick start 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. Read More

In the month of June 2025, the consolidated orders received by the Company are worth Rs 69 crore out of which orders worth Rs. 20 Cr. are for projects in India and orders worth Rs. 49 Cr. are for projects outside India.

As on 1st July 2025 the total consolidated order book position of the company is Rs 844 Cr. out of which orders worth Rs. 294 Cr. are for projects in India and orders worth Rs. 550 Cr. are for projects outside India.

Jash Engineering was quoting at Rs 578.85, up Rs 5.10, or 0.89 percent. It has touched an intraday high of Rs 588.20 and an intraday low of Rs 571.90. It was trading with volumes of 3,372 shares.

In the previous trading session, the share closed up 0.42 percent or Rs 2.40 at Rs 573.75.

The share touched a 52-week high of Rs 633.85 and a 52-week low of Rs 527.05 on 24 June, 2025 and 23 June, 2025, respectively.

Currently, the stock is trading 8.68 percent below its 52-week high and 9.83 percent above its 52-week low.

Market capitalisation stands at Rs 3,632.58 crore.

IREDA’s asset quality and exposure in light of the ongoing Gensol developments. The recent insolvency proceedings against Gensol Engineering and its subsidiary, triggered by defaults totaling over Rs 700 crore have placed a spotlight on IREDA’s risk management and asset quality.

IREDA’s total exposure to Gensol Engineering and its subsidiary is approximately Rs 470 crore, including term loans and working capital facilities. While IREDA’s gross NPA ratio remains moderate at 2.45% as of March 31, 2025, the Gensol account is under stress and is being closely monitored. The account is not yet classified as an NPA, but the situation is evolving.

The top 20 group exposures constitute nearly 59% of IREDA’s loan book, reflecting a high degree of concentration risk. Any significant slippage, such as the Gensol account, could have a material impact on asset quality metrics.

IREDA has initiated an internal review of the Gensol account, in line with RBI guidelines, following revelations of fund diversion and document falsification by Gensol’s promoters.

IREDA’s loan book has expanded rapidly to Rs 76282 crore, with a 28% YoY growth in Q4FY25. This growth, combined with sectoral concentration, underscores the importance of vigilant asset quality monitoring, especially amid high-profile defaults.

Tech Mahindra was quoting at Rs 1,592.40, down Rs 22.80, or 1.41 percent. It has touched an intraday high of Rs 1,616.95 and an intraday low of Rs 1,590.50.

It was trading with volumes of 65,355 shares, compared to its five day average of 35,821 shares, an increase of 82.45 percent.

In the previous trading session, the share closed down 1.21 percent or Rs 19.85 at Rs 1,615.20.

The share touched a 52-week high of Rs 1,807.40 and a 52-week low of Rs 1,209.70 on 12 December, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 11.9 percent below its 52-week high and 31.64 percent above its 52-week low.

Market capitalisation stands at Rs 155,934.94 crore.

#1 Higher share of fixed-rate loans & small business lending positions it well in a falling rate environ

#2 Has reasonable valuations

Aptus Value Housing Finance India was quoting at Rs 344.00, up Rs 3.45, or 1.01 percent. It has touched an intraday high of Rs 347.80 and an intraday low of Rs 340.05. It was trading with volumes of 162,228 shares, compared to its five day average of 45,412 shares, an increase of 257.23 percent.

In the previous trading session, the share closed up 1.63 percent or Rs 5.45 at Rs 340.55.

The share touched a 52-week high of Rs 401.70 and a 52-week low of Rs 267.75 on 14 October, 2024 and 28 January, 2025, respectively.

Currently, the stock is trading 14.36 percent below its 52-week high and 28.48 percent above its 52-week low.

Market capitalisation stands at Rs 17,197.96 crore.

The Sensex was down 337.66 points or 0.40 percent at 83,198.42, and the Nifty was down 107.95 points or 0.42 percent at 25,368.15. About 1587 shares advanced, 1781 shares declined, and 141 shares unchanged.

#1 Lags peers on yield & profitability & has seen a sharp slowdown in growth recently

#2 Near-term rebound is possible

#3 Inconsistent outcomes from geographic expansion make us cautious on long-term outlook

The Board has approved the allotment of 12,500 NCDs with a face value of Rs 1,00,000 each, amounting to Rs 125 crore.

Muthoot Capital Services was quoting at Rs 347.75, up Rs 11.80, or 3.51 percent.

It has touched an intraday high of Rs 348.70 and an intraday low of Rs 336.00.

It was trading with volumes of 1,116 shares, compared to its five day average of 1,199 shares, a decrease of -6.95 percent.

In the previous trading session, the share closed up 1.82 percent or Rs 6.00 at Rs 335.95.

The share touched a 52-week high of Rs 405.70 and a 52-week low of Rs 232.55 on 26 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 14.28 percent below its 52-week high and 49.54 percent above its 52-week low.

Market capitalisation stands at Rs 571.96 crore.

Ola Electric Mobility was quoting at Rs 40.02, down Rs 0.38, or 0.94 percent.

It has touched a 52-week low of Rs 39.90.

It has touched an intraday high of Rs 40.60 and an intraday low of Rs 39.90.

It was trading with volumes of 1,587,192 shares, compared to its five day average of 9,474,408 shares, a decrease of -83.25 percent.

Market capitalisation stands at Rs 17,652.14 crore.

The Nifty IT Index has been consolidating in a tight range for the past 20 trading sessions, following a breakout from an inverse head and shoulders pattern. The breakout level near 38,300 now acts as a crucial support zone.

From a stock-specific perspective, Tech Mahindra, HCL Technologies, and TCS are exhibiting weakness as they trade below their respective 50-day EMAs, indicating a negative bias. In contrast, Infosys and Wipro are showing relative strength within the sector.

Going ahead, if the IT index manages to sustain above the 39,000 mark, Infosys and Wipro could emerge as key outperformers and should be closely tracked for potential upside opportunities​.

The company has received a work order worth Rs 17.5 crore from the General Administration Department (GAD), Chhattisgarh. The order includes network connectivity, operation & maintenance (O&M), hardware procurement & commissioning, and implementation of revamped integrated communication WLAN LAN EPBAX infrastructure.

The Sensex was down 254.00 points or 0.30 percent at 83,282.08, and the Nifty was down 84.20 points or 0.33 percent at 25,391.90. About 1720 shares advanced, 1531 shares declined, and 164 shares unchanged.

State Bank of India was quoting at Rs 812.50, up Rs 1.65, or 0.20 percent. It has touched an intraday high of Rs 815.50 and an intraday low of Rs 809.70.

It was trading with volumes of 68,193 shares, compared to its five day average of 334,376 shares, a decrease of -79.61 percent.

In the previous trading session, the share closed down 0.24 percent or Rs 1.95 at Rs 810.85.

The share touched a 52-week high of Rs 898.80 and a 52-week low of Rs 679.65 on 19 July, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 9.6 percent below its 52-week high and 19.55 percent above its 52-week low.

Market capitalisation stands at Rs 725,125.38 crore.

The company has incorporated its step-down wholly-owned subsidiary named Airtel Money.

Bharti Airtel was quoting at Rs 1,988.95, down Rs 29.05, or 1.44 percent. It has touched an intraday high of Rs 2,038.55 and an intraday low of Rs 1,984.80.

It was trading with volumes of 13,565 shares, compared to its five day average of 187,246 shares, a decrease of -92.76 percent.

In the previous trading session, the share closed down 0.61 percent or Rs 12.30 at Rs 2,018.00.

The share touched a 52-week high of Rs 2,045.50 and a 52-week low of Rs 1,421.55 on 02 July, 2025 and 12 July, 2024, respectively.

Currently, the stock is trading 2.76 percent below its 52-week high and 39.91 percent above its 52-week low.

Market capitalisation stands at Rs 1,153,626.25 crore.

The global technology company has partnered with Astemo Cypremos (a subsidiary of Astemo specializing in software and cloud services) to advance innovation in the autonomous and smart vehicle ecosystem.

HCL Technologies was quoting at Rs 1,656.90, down Rs 17.15, or 1.02 percent. It has touched an intraday high of Rs 1,680.00 and an intraday low of Rs 1,649.

It was trading with volumes of 28,049 shares, compared to its five day average of 77,948 shares, a decrease of -64.02 percent.

In the previous trading session, the share closed down 2.03 percent or Rs 34.65 at Rs 1,674.05.

The share touched a 52-week high of Rs 2,011.00 and a 52-week low of Rs 1,304.00 on 13 January, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 17.61 percent below its 52-week high and 27.06 percent above its 52-week low.

Market capitalisation stands at Rs 449,627.17 crore.

Asian Paints has exited Akzo Nobel India by selling its entire 20.1 lakh shares (4.42% stake) at Rs 3,651 per share, valued at Rs 734 crore. However, Eastspring Investments India Consumer Equity Open bought 2.5 lakh shares (worth Rs 91.3 crore), and ICICI Prudential Mutual Fund purchased 7 lakh shares (worth Rs 255.57 crore) at Rs 3,651 per share, which is equivalent to a 2.1% stake.

#1 Q1 presales above estimate & in-line with guidance

#2 Beat led by stronger inventory sale, backed by a strong launch pipeline

#3 Appears well-positioned to meet the target

#4 Upcoming hotel listing should help alleviate leverage concerns

Puravankara Group has announced the joint development of a 5.5-acre land parcel in East Bengaluru, with a combined estimated gross development value (GDV) of over Rs 1,000 crores.

Sagility India was quoting at Rs 43.86, up Rs 0.98, or 2.29 percent. It has touched an intraday high of Rs 44.24 and an intraday low of Rs 43.08.

It was trading with volumes of 1,628,779 shares, compared to its five day average of 4,806,811 shares, a decrease of -66.12 percent.

In the previous trading session, the share closed up 3.05 percent or Rs 1.27 at Rs 42.88.

The share touched a 52-week high of Rs 56.44 and a 52-week low of Rs 27.02 on 30 December, 2024 and 13 November, 2024, respectively.

Currently, the stock is trading 22.29 percent below its 52-week high and 62.32 percent above its 52-week low.

Market capitalisation stands at Rs 20,532.31 crore.

#1 While company has multiple elements in its foods business, expect oats & Plix to drive growth

#2 Company’s D2C portfolio should achieve stable growth & margin improvement, as seen at Beardo

#3 Build in 19 percent CAGR in FY25-28 for these segments

MCX Gold prices recovered from the weekly low of Rs 95,800 and ended flat in the last session as a pullback in the dollar index supported prices near the lower levels. The release of the FOMC minutes last night hinted at a possible rate cut in the second half of 2025, which increased the allure for the yellow metal.

Later today, U.S. Jobless Claims data may introduce volatility in bullion prices. Gold has been trading in a tight range between Rs 95,500 and Rs 97,500 in recent sessions, and consolidation is expected to continue within this band. However, a breakout above or a breakdown below this range could trigger a directional move.

The transportation and distribution company has announced the launch of its Rakhi Express Campaign, offering up to 50% off for festive shipments.

Blue Dart Express was quoting at Rs 6,697.45, up Rs 71.35, or 1.08 percent. It has touched an intraday high of Rs 6,725.00 and an intraday low of Rs 6,666.25.

It was trading with volumes of 128 shares, compared to its five day average of 3,124 shares, a decrease of -95.90 percent.

In the previous trading session, the share closed up 0.30 percent or Rs 19.60 at Rs 6,626.10.

The share touched a 52-week high of Rs 9,483.85 and a 52-week low of Rs 5,500.00 on 17 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 29.38 percent below its 52-week high and 21.77 percent above its 52-week low.

Market capitalisation stands at Rs 15,891.67 crore.

The company's subsidiary, ACC, has commissioned a brownfield grinding unit project at its Sindri plant in Jharkhand with a capacity of 1.5 million tons per annum (MTPA), increasing the total installed cement capacity to 104.45 MTPA.

Ambuja Cements was quoting at Rs 584.30, down Rs 6.45, or 1.09 percent. It has touched an intraday high of Rs 595.15 and an intraday low of Rs 583.20.

It was trading with volumes of 49,124 shares, compared to its five day average of 213,006 shares, a decrease of -76.94 percent.

In the previous trading session, the share closed down 0.11 percent or Rs 0.65 at Rs 590.75.

The share touched a 52-week high of Rs 694.85 and a 52-week low of Rs 452.90 on 23 July, 2024 and 21 November, 2024, respectively.

Currently, the stock is trading 15.91 percent below its 52-week high and 29.01 percent above its 52-week low.

Market capitalisation stands at Rs 143,920.30 crore.

The company has temporarily suspended operations at its manufacturing facility in Gadhinglaj, Maharashtra, for 10 days, effective July 9, due to certain local administrative issues. The company is proactively engaging with all local authorities to resolve the matter and is taking appropriate steps to ensure the resumption of operations at the earliest.

The Sensex was down 118.73 points or 0.14 percent at 83,417.35, and the Nifty was down 40.80 points or 0.16 percent at 25,435.30. About 1791 shares advanced, 1256 shares declined, and 150 shares unchanged.

Asian Paints has exited Akzo Nobel India by selling its entire 20.1 lakh shares (4.42% stake) at Rs 3,651 per share, valued at Rs 734 crore. However, Eastspring Investments India Consumer Equity Open bought 2.5 lakh shares (worth Rs 91.3 crore), and ICICI Prudential Mutual Fund purchased 7 lakh shares (worth Rs 255.57 crore) at Rs 3,651 per share, which is equivalent to a 2.1% stake.

It has touched an intraday high of Rs 24.00 and an intraday low of Rs 22.11. There were pending sell orders of 15,306 shares, with no buyers available.

It was trading with volumes of 14,516 shares, compared to its five day average of 55,646 shares, a decrease of -73.91 percent.

In the previous trading session, the share closed up 4.04 percent or Rs 0.94 at Rs 24.19.

The share touched a 52-week high of Rs 43.18 and a 52-week low of Rs 6.11 on 07 March, 2025 and 05 August, 2024, respectively.

Currently, the stock is trading 48.8 percent below its 52-week high and 261.87 percent above its 52-week low.

Market capitalisation stands at Rs 79.37 crore.