Closing Bell: Nifty near 24,600, Sensex rises 746pts; auto, realty, banks rally

Indian equity indices ended on strong note with Nifty near 24,600 on August 11. At close, the Sensex was up 746.29 points or 0.93 percent at 80,604.08, and the Nifty was up 221.75 points or 0.91 percent at 24,585.05.

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 started the week on an upbeat note, gaining nearly a percent and providing a breather after the recent decline. The tone was positive from the outset and further strengthened in the latter half, supported by a noticeable recovery in heavyweights across sectors. As a result, the Nifty almost erased Friday’s losses and closed near the day’s high at the 24,585 level. All key sectors contributed to the move, with realty, auto, and pharma emerging as the top gainers. In line with the broader trend, the midcap and smallcap indices also saw relief, advancing in the range of 0.34% to 0.79%.

Over the past six weeks, there have been multiple instances where the Nifty began the week on a strong note, only for the momentum to fade in the final sessions. This time, however, it appears that the markets have largely digested the recent tariff-related concerns and are now focusing more on earnings cues, with the results season nearing its end. Additionally, oversold positions in heavyweights are providing support. Still, only a decisive close above the 24,600 mark could extend this recovery towards the 24,800–25,000 zone. Traders should maintain a hedged approach and focus on stocks consistently displaying relative strength for long positions.

Today, Indian equity markets recorded a strong rebound. The Sensex surged 746 points to close at 80,604 while the Nifty climbed 221 points to settle at 24,585, decisively above the 24,500 mark. Market was mainly driven by robust gains in public sector banking, auto, and realty stocks. State Bank of India (SBI) sparked bullish sentiment following strong Q1 earnings, leading to a rally across PSU banks. Auto majors like Tata Motors and sector peers also posted notable advances, adding to the rally.

Mutual fund flows remain strong, with equity inflows and SIP contributions hitting record highs in July—signaling sustained retail investor confidence. The primary reasons for today’s positive closing were strong domestic corporate results (especially SBI), renewed domestic mutual fund inflows, and supportive global cues.

Looking ahead, market watchers will track global developments (including US inflation data and geopolitical events), ongoing corporate earnings, and foreign fund flows.

The benchmark index Nifty kicked off the week on a strong note, closing near the 24600 mark with a gain of 0.91%. Among the Nifty constituents, Adani Enterprises and Tata Motors emerged as the top gainers, showcasing strong buying interest. On the flip side, Hero MotoCorp and Bharat Electronics Ltd were among the top losers.

Sectoral performance was broadly positive, with Nifty PSU Bank and Nifty Realty leading the gains. Interestingly, Nifty Consumer Durables was the only index to end in the red. The broader market also participated in the rally, with both Nifty Midcap and Nifty Smallcap 100 indices closing in the green. Market breadth remained robust, as the advance/decline ratio tilted significantly in favour of the bulls. Out of the Nifty 500 stocks, 331 ended with gains, underscoring widespread optimism across sectors and market capitalizations.

Nifty View

In the first trading session of the week, the benchmark index Nifty posted a strong performance, ending the day with a gain of 0.91% and comfortably closing near the 24600 mark. However, for this pullback rally to sustain and extend further, a decisive follow-up move is essential. Recently, the market has struggled to maintain momentum after initial gains, with a noticeable absence of consistent follow-through buying.

Talking about crucial levels, 24700-24740 will act as an important hurdle for the index. Any sustainable move above the level of 24740 will lead to extension of pullback rally upto the 24900 level. While on the downside, the zone of 24440-24400 will act as important support for the index.

Bank Nifty View

The banking benchmark Bank Nifty has taken support near the 100-day EMA level and thereafter witnessed a sharp pullback rally. It has ended the session above the 55500 level with a gain of 0.92%. Going ahead, the zone of 55800-55900 will act as an immediate hurdle for the index. While, on the downside the zone of 55100-55000 will act as crucial support.

The Indian Rupee strengthened for the fourth consecutive day, driven by risk-on sentiment and a stable US Dollar. Lower crude oil prices, fuelled by expectations of easing geopolitical tensions, also provided support.

However, the currency's gains were capped by dollar demand from importers and foreign fund outflows. In the near term, the spot USD/INR pair faces resistance at 87.85 and has a support level at 87.50.

The Nifty picked up right where it left off on Friday, but with an entirely different mood. Rising from the ashes, the index staged a spirited comeback, adding nearly 200 points through the day. The earlier breakdown now seems to have given way to a short-term pullback, as the market brushed aside recent weakness.

We’re not completely out of the woods yet, but Monday’s bounce from the recent low carries enough steam to power further gains. Immediate support lies at 24,337, with the next upside targets seen around 24,850 and 25,000.

The market saw a relief rally post a 3-month low; a positive global cue and a gradual return of FIIs supported the sentiment. The PSU banks took the limelight amidst Q1 results from the banking major, while a broad-based momentum was visible across all sectors.

Investors are positively assessing the upcoming US-Russia Summit this week, which may possibly give way to a de-escalation in geopolitical tensions. While a near-term caution may still prevail, the more definite assessment of the US trade and growth impact is yet to be assessed fully.

SJVN was quoting at Rs 93.29, up Rs 1.20, or 1.30 percent.

It has touched an intraday high of Rs 94.82 and an intraday low of Rs 91.80.

It was trading with volumes of 279,674 shares, compared to its five day average of 261,302 shares, an increase of 7.03 percent.

In the previous trading session, the share closed down 1.34 percent or Rs 1.25 at Rs 92.09.

The share touched a 52-week high of Rs 148.85 and a 52-week low of Rs 80.50 on 14 August, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 37.33 percent below its 52-week high and 15.89 percent above its 52-week low.

Market capitalisation stands at Rs 36,661.06 crore.

Indian rupee ended flat at 87.65 per dollar on Monday against Friday's close of 87.66.

Indian equity indices ended on strong note with Nifty near 24,600 on August 11.

At close, the Sensex was up 746.29 points or 0.93 percent at 80,604.08, and the Nifty was up 221.75 points or 0.91 percent at 24,585.05. About 2136 shares advanced, 1867 shares declined, and 161 shares unchanged.

Biggest Nifty gainers were Adani Enterprises, Tata Motors, Eternal, Grasim Industries, Apollo Hospitals, while losers included Hero MotoCorp, Bharat Electronics, Bharti Airtel.

BSE Midcap index added 0.8 percent and Smallcap index rose 0.35 percent.

Except consumer durables, all other sectoral indices ended in the green with pharma, metal, auto, oil & gas, PSU Bank and realty up 0.5-2 percent.

#1 Despite a weak Q1, expect trends to improve from Sep 2025

#2 June likely bottom for India IT growth, recovery expected

#3 Real estate classifieds segment seasonally weakest in June; solid July trends

#4 IPL ad spends won’t repeat at same scale, aiding margin for FY26

#1 Strong Q1FY26 & positive outlook.

#2 Raise FY25–28 EBITDA by 2–5 percent; expect 17 percent PAT CAGR

JSW JFE Electrical Steel Nashik has entrusted John Cockerill India, with the engineering, design, manufacture and supply of Equipment for Tunnel furnaces to be installed at the Nashik location of JSW JFE Electrical Steel Nashik and also the supervision of erection and commissioning of the line. The total value of contract is around Rs 270 crore.

#1 Government sanctioned Rs 30,000 crore subsidy for LPG under-recoveries over 12 months

#2 Subsidy could boost FY25 earnings by 75 percent, deleverage OMC balance sheets by 12 percent & support a consistent 14–15 percent RoCE

#3 Limited downside risk even if fuel prices are cut by Rs 1–2/litre

#1 Q1 loan & deposit growth of 12 percent but came at the expense of a sharper margin drop

#2 RoA was maintained >1 percent despite flat NII growth YoY

#3 Seasonal increase in slippages was offset by higher recoveries, keeping credit costs stable at 47 bps

#4 Core profitability remains weak, but NOI gains and recoveries helped sustain RoA

VST Tillers Tractors was quoting at Rs 4,777.25, up Rs 332.05, or 7.47 percent.

It has touched an intraday high of Rs 5,059.05 and an intraday low of Rs 4,475.00.

It was trading with volumes of 6,545 shares, compared to its five day average of 683 shares, an increase of 858.83 percent.

In the previous trading session, the share closed down 0.74 percent or Rs 33.05 at Rs 4,445.20.

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 11.7 percent below its 52-week high and 66.17 percent above its 52-week low.

Market capitalisation stands at Rs 4,129.15 crore.

KCP was quoting at Rs 205.20, up Rs 6.80, or 3.43 percent.

It has touched an intraday high of Rs 214.90 and an intraday low of Rs 194.75.

It was trading with volumes of 44,372 shares, compared to its five day average of 12,157 shares, an increase of 264.99 percent.

In the previous trading session, the share closed down 2.48 percent or Rs 5.05 at Rs 198.40.

The share touched a 52-week high of Rs 266.85 and a 52-week low of Rs 166.80 on 18 December, 2024 and 28 February, 2025, respectively.

Currently, the stock is trading 23.1 percent below its 52-week high and 23.02 percent above its 52-week low.

Market capitalisation stands at Rs 2,645.46 crore.

#1 Q1 in-line; weak CV/export demand could derail recovery

#2 Commodity tailwinds already priced In

#3 Cut FY26/27 EPS by 8 percent; revise EBITDA margins to 14.4 percent/15.6 percent

The Sensex was up 732.06 points or 0.92 percent at 80,589.85, and the Nifty was up 226.30 points or 0.93 percent at 24,589.60. About 1989 shares advanced, 1717 shares declined, and 131 shares unchanged.

The company received work order worth Rs 70,54,99,997 from Ajmer Vidyut Vitran Nigam for supply, erection, installation, testing and commissioning

of material/equipment for executing the works related to development of distribution infrastructure work for on-grid electrification of Un-electrified households (HHs) and public Institutions at 9 circles (Ajmer, Banswara, Bhilwara, Chhitorgarh, Dungarpur, Pratapgarh, Salumbar, Sikar & Udaipur) in tribal village of Ajmer Discom covered in Dharti Aaba Janjatiya Gram Utkarsh Abhiyana (DA-JGUA) under RDSS scheme on turnkey basis.

#1 Q1 PAT estimate as weaker NII was offset by lower MFI provisions

#2 Gold loan grew 12 percent QoQ, led by prices

#3 Customer growth was muted despite cutting yields

#4 MGFL plans to reorient loan mix and ATS

#5 Lower NIMs, unwinding of non-gold loans & elevated MFI provisions will weigh on earnings

#6 Valuation seems reasonable but more confidence around turnaround delivery by the new CEO is key to rerating

QIB – 0.57 times

NII - 0.02 times

Retail – 0.30 times

Overall – 0.37 times

QIB – 10.79 times

NII - 4.28 times

Retail – 1.34 times

Overall – 4.67 times

QIB – 3.15 times

NII - 6.76 times

Retail – 3.89 times

Employee - 6.34 times

Overall – 4.31 times

BEML Limited has bagged an order from Integral Coach Factory for the manufacture, supply, testing and commissioning of complete fully functional

LHB coaches, with value of Rs 1888 crore approximately.

BEML was quoting at Rs 3,945.20, up Rs 88.10, or 2.28 percent.

It has touched an intraday high of Rs 4,045.60 and an intraday low of Rs 3,803.50.

It was trading with volumes of 48,388 shares, compared to its five day average of 17,904 shares, an increase of 170.26 percent.

In the previous trading session, the share closed down 0.82 percent or Rs 31.90 at Rs 3,857.10.

The share touched a 52-week high of Rs 4,874.85 and a 52-week low of Rs 2,346.35 on 23 June, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 19.07 percent below its 52-week high and 68.14 percent above its 52-week low.

Market capitalisation stands at Rs 16,429.59 crore.

The record inflow into equities and all-time SIP contribution reflects the deep commitment and trust shown by the investors. The rise in midcap, smallcap, and sectoral fund participation signals a growing appetite for diversified growth.

With the average AUM going past Rs 75 lakh crore, we are on the right track towards achieving the Rs 100 lakh crore goal as an industry. In a heightened period of uncertainty, this is a testament to the resilience and maturity of our markets and investors alike.

West Coast Paper Mills was quoting at Rs 494.80, up Rs 0.95, or 0.19 percent.

It has touched an intraday high of Rs 497.50 and an intraday low of Rs 478.70.

It was trading with volumes of 4,570 shares, compared to its five day average of 2,501 shares, an increase of 82.71 percent.

In the previous trading session, the share closed down 1.57 percent or Rs 7.90 at Rs 493.85.

The share touched a 52-week high of Rs 647.65 and a 52-week low of Rs 382.15 on 26 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 23.6 percent below its 52-week high and 29.48 percent above its 52-week low.

Market capitalisation stands at Rs 3,268.10 crore.

Eureka Forbes was quoting at Rs 555.90, down Rs 2.80, or 0.50 percent.

It has touched an intraday high of Rs 570.30 and an intraday low of Rs 553.35.

In the previous trading session, the share closed down 0.85 percent or Rs 4.80 at Rs 558.70.

The share touched a 52-week high of Rs 655.90 and a 52-week low of Rs 439.90 on 30 May, 2025 and 14 August, 2024, respectively.

Currently, the stock is trading 15.25 percent below its 52-week high and 26.37 percent above its 52-week low.

Market capitalisation stands at Rs 10,756.21 crore.

#1 Q1 billings mix signals a challenging growth outlook across IT & non-IT segments for FY26

#2 YoY billing growth slowed to 9 percent in Q1

#1 Revenue Rs 252 cr for Q1 vs Bloomberg estimates of Rs 259 cr

#1 Revenue At Rs634 Cr Vs CNBC-TV18 Poll Of Rs689 Cr

#2 EBITDA Loss At Rs49 Cr Vs CNBC-TV18 Poll Of Rs45 Cr Loss

Tata Consultancy Services has partnered with NOW Corporation’s telecom arm – Now Telecom, a public sector telecommunications company, to bolster national digital sovereignty, enable financial inclusivity, and build a clean network for the Philippines.

Tata Consultancy Services was quoting at Rs 3,042.40, up Rs 7.90, or 0.26 percent.

It has touched an intraday high of Rs 3,049.15 and an intraday low of Rs 3,021.90.

It was trading with volumes of 60,700 shares, compared to its five day average of 101,397 shares, a decrease of -40.14 percent.

In the previous trading session, the share closed down 0.42 percent or Rs 12.65 at Rs 3,034.50.

The share touched a 52-week high of Rs 4,585.90 and a 52-week low of Rs 2,992.05 on 02 September, 2024 and 04 August, 2025, respectively.

Currently, the stock is trading 33.66 percent below its 52-week high and 1.68 percent above its 52-week low.

Market capitalisation stands at Rs 1,100,766.95 crore.

Equity (including hybrid) net sales zoomed to more than Rs 45000 crores in July, 2025. Series of new fund offers and SIP inflows lead to this high number.

Domestic investors continue to keep their faith in mutual fund schemes and SIPs.

The distribution community continue to educate the investors on long term benefits of staying invested in mutual funds and use SIPs as an effective medium of equity investing.

Indian rupee is trading marginally higher at 87.60 per dollar against Friday's close of 87.66.

#1 Compnay gaining share across segments despite poor weather

#2 Strategy 2.0 showing early success

#3 Green shoots emerging; valuation appears reasonable

JM Financial was quoting at Rs 165.50, up Rs 10.55, or 6.81 percent.

It has touched an intraday high of Rs 166.25 and an intraday low of Rs 152.85.

It was trading with volumes of 361,332 shares, compared to its five day average of 213,703 shares, an increase of 69.08 percent.

In the previous trading session, the share closed down 0.00 percent or Rs 0.00 at Rs 154.95.

The share touched a 52-week high of Rs 181.30 and a 52-week low of Rs 78.00 on 24 July, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 8.71 percent below its 52-week high and 112.18 percent above its 52-week low.

Market capitalisation stands at Rs 15,824.49 crore.

Capacite Infraprojects was quoting at Rs 292.20, up Rs 0.65, or 0.22 percent.

It has touched an intraday high of Rs 297.95 and an intraday low of Rs 289.00.

It was trading with volumes of 16,143 shares, compared to its five day average of 16,746 shares, a decrease of -3.60 percent.

In the previous trading session, the share closed down 1.55 percent or Rs 4.60 at Rs 291.55.

The share touched a 52-week high of Rs 465.00 and a 52-week low of Rs 287.80 on 18 December, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 37.16 percent below its 52-week high and 1.53 percent above its 52-week low.

Market capitalisation stands at Rs 2,472.13 crore.

Ipca Laboratories was quoting at Rs 1,364.50, down Rs 20.05, or 1.45 percent.

It has touched an intraday high of Rs 1,398.50 and an intraday low of Rs 1,352.00.

It was trading with volumes of 4,205 shares, compared to its five day average of 4,194 shares, an increase of 0.27 percent.

In the previous trading session, the share closed down 0.45 percent or Rs 6.25 at Rs 1,384.55.

The share touched a 52-week high of Rs 1,757.65 and a 52-week low of Rs 1,200.00 on 03 January, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 22.37 percent below its 52-week high and 13.71 percent above its 52-week low.

Market capitalisation stands at Rs 34,617.94 crore.

#1 Company has long-term return potential but near-term performance is subdued

#2 Loan growth slowed & and bad loans rose over the last five quarters

#3 Gradual recovery expected in 2HFY26

#1 Total AUM at Rs 75.35 lakh crore versus Rs 74.40 lakh crore, MoM

#2 Large cap fund inflow at Rs 2,125 crore versus Rs 1,694 crore inflow, MoM

#3 Midcap fund inflow at Rs 5,182 crore versus Rs 3,754 crore inflow, MoM

#1 Rs 30,000 crore LPG subsidy a major positive

#2 Rs 41,300 crore of incurred losses will significantly lift earnings

#3 OMCs continue to benefit from strong marketing margin

#1 Q1 profit was above estimates aided by higher treasury gains & lower opex

#2 Loan growth steady at 12 percent; NIM fell 10 bps QoQ in-line with estimates

#3 Stable asset quality across unsecured & SME loans led to low gross NPL ratio of 1.8 percent

#4 Management retained RoA guidance of 1 percent & domestic NIM of 3 percent

Goodyear India was quoting at Rs 983.90, up Rs 3.85, or 0.39 percent.

It has touched an intraday high of Rs 995.00 and an intraday low of Rs 970.00.

It was trading with volumes of 17,896 shares, compared to its five day average of 4,929 shares, an increase of 263.08 percent.

In the previous trading session, the share closed down 0.02 percent or Rs 0.20 at Rs 980.05.

The share touched a 52-week high of Rs 1,207.00 and a 52-week low of Rs 806.00 on 12 August, 2024 and 17 March, 2025, respectively.

Currently, the stock is trading 18.48 percent below its 52-week high and 22.07 percent above its 52-week low.

Market capitalisation stands at Rs 2,269.51 crore.

#1 Valuation corrected by 30 percent; execution delay risks now largely priced in

#2 Low inflation & slower GDP growth may prompt a 25 bps rate cut in Q4CY25

#3 Company seen as a good defensive play with attractive valuation

COMEX gold prices surged to a record high of $3,534/oz on Friday following reports that the US imposed tariffs on imports of one-kilo gold bars, the most commonly traded form on COMEX. However, gold futures closed below $3,500/oz as the White House later in the session announced plans to issue an executive order clarifying its position on precious metals and tariffs. Still, gold closed last week with a 2% gain, supported by signs of economic weakness in the US, dovish remarks from several Federal Reserve officials, and growing expectations of interest rate cuts.

Today, COMEX gold slipped more than 1% to $3,431/oz, largely erasing last week’s gains as markets await clarification after the Trump administration on Friday called reports of tariffs on gold and other specialty products “misinformation.”

WTI crude slipped below $63/bbl on Friday, closing the week with 5% decline, amid expectations that the potential meeting between Presidents Trump and Putin to discuss a Ukraine ceasefire could lead to eased sanctions on Russian oil flows. Rising OPEC+ output and softening demand prospects as US tariffs took effect are stoking concerns about global oversupply.

Oil prices may remain pressured ahead of the August 15 Trump-Putin meeting, as a possible easing of Russian sanctions could deepen the supply glut forecast for later this year. Meanwhile, oil market participants are keenly awaiting the OPEC monthly market report, the EIA Short-Term Energy Outlook, and the IEA monthly report due later this week for clues on market balance.

Patel Engineering Company was quoting at Rs 38.54, up Rs 2.07, or 5.68 percent.

It has touched an intraday high of Rs 39.82 and an intraday low of Rs 36.50.

It was trading with volumes of 221,588 shares, compared to its five day average of 280,659 shares, a decrease of -21.05 percent.

In the previous trading session, the share closed up 0.97 percent or Rs 0.35 at Rs 36.47.

The share touched a 52-week high of Rs 62.80 and a 52-week low of Rs 33.65 on 16 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 38.63 percent below its 52-week high and 14.53 percent above its 52-week low.

Market capitalisation stands at Rs 3,254.23 crore.

#1 JLR EBIT margin slightly above estimates but down 485 bps QoQ

#2 EBIT margin dow QoQ due to negative operating leverage, US tariffs & currency impact

#3 CV business EBITDA margin at 12.2 percent

#4 India PVs EBITDA margin at 4 percent, down 180 bps YoY due to volume decline

#5 JLR maintains FY26 EBIT margin guidance of 5–7 percent, staying FCF neutral

#6 Cautious on JLR FY26 volume growth, building in 9 percent YoY decline an 5.5 percent EBIT margin

The Sensex was up 360.86 points or 0.45 percent at 80,218.65, and the Nifty was up 116.70 points or 0.48 percent at 24,480.00. About 1788 shares advanced, 1848 shares declined, and 131 shares unchanged.

Larsen & Toubro (L&T) has secured an ultra-mega contract from Adani Power to set up eight state-of-the-art thermal power units, each with a capacity of

800 MW, totaling 6,400 MW of new generation capacity. The order will be executed by L&T Energy – CarbonLite Solutions (LTECLS), the company’s specialized business vertical for advanced power and low-carbon technologies.

The scope of work encompasses the complete design, engineering, manufacturing, supply, and commissioning of Boiler-Turbine-Generator (BTG) packages, along with auxiliaries and associated mechanical, electrical and control & instrumentation (C&I) systems.

QIB – 0.00 times

NII - 0.02 times

Retail – 0.22 times

Overall – 0.05 times

#1 1QFY26 disappointed: 20 percent YoY revenue decline & 400 bps drop in EBITDA margin

#2 UCP revenue fell 25 percent YoY; EBITDA margin hit a 10-year low at 3.6 percent

#3 Market share dropped to 17.8 percent from 19.5 percent

#4 Recovery expected from Q3 onward; full-year industry growth seen flat or down up to 10 percent

#5 High inventory may continue to impact utilisation & margin

QIB – 0.38 times

NII - 3.00 times

Retail – 2.98 times

Employee - 5.41 times

Overall – 2.26 times

QIB – 1.11 times

NII - 1.85 times

Retail – 1.13 times

Overall – 1.28 times

Sun TV Network was quoting at Rs 581.00, up Rs 31.45, or 5.72 percent.

It has touched an intraday high of Rs 590.00 and an intraday low of Rs 547.00.

It was trading with volumes of 16,431 shares, compared to its five day average of 8,185 shares, an increase of 100.75 percent.

In the previous trading session, the share closed down 1.92 percent or Rs 10.75 at Rs 549.55.

The share touched a 52-week high of Rs 913.85 and a 52-week low of Rs 506.20 on 12 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 36.42 percent below its 52-week high and 14.78 percent above its 52-week low.

Market capitalisation stands at Rs 22,896.32 crore.

Indian rupee is trading higher at 87.60 per dollar against Friday's close of 87.66.

#1 Revenue grew 15 percent YoY but EBITDA missed by 5 percent due to a 30 percent YoY rise in ad spend

#2 Naukri operating profit margin declined 2 percent QoQ

#3 Management flagged softness in hiring across domestic non-IT & IT services/BPM

#4 Margins may improve if revenue growth accelerates but the outlook remains uncertain

Transformers and Rectifiers India was quoting at Rs 525.25, up Rs 33.95, or 6.91 percent.

It has touched an intraday high of Rs 533.90 and an intraday low of Rs 487.10.

It was trading with volumes of 222,435 shares, compared to its five day average of 257,009 shares, a decrease of -13.45 percent.

In the previous trading session, the share closed down 3 percent or Rs 15.20 at Rs 491.30.

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

Currently, the stock is trading 19.22 percent below its 52-week high and 75.67 percent above its 52-week low.

Market capitalisation stands at Rs 15,766.21 crore.

#1 In-line operating performance; strong treasury income led to PAT beat

#2 Asset quality trends remained contained

#3 Bank is well-positioned to deliver healthy loan growth and protect NIM

#1 Q1FY26 PPoP & PAT missed estimates by 9 percent

#2 Dragged down by sharper-than-expected declines in yields & spreads

#3 Management trimmed lending rates across high-ticket size loans

#4 Management plans further cuts to bring lending rates down to approximately 18 percent over next 4–6 quarters

#5 Loan growth of 13 percent QoQ was healthy though entirely driven by an increase in ticket sizes

#6 Asirvad MFI business saw a 23 percent QoQ decline in its loan book

#7 Management believes the worst has passed & expects to turn profitable in Q4FY26

The private sector lender has raised the average minimum balance for savings accounts in metros and urban areas to Rs 50,000 from the current Rs 10,000. This will be applicable to new accounts being opened from August 1. It has also raised the minimum balance requirement for savings accounts in semi-urban branches to Rs 25,000, from Rs 5,000 earlier, and in rural branches to Rs 10,000, up from Rs 2,500 earlier.

Additionally, the Reserve Bank of India has imposed a monetary penalty of Rs 75 lakh on ICICI Bank for not carrying out the valuation of properties by independent valuers in certain mortgage loans and for opening/maintaining certain current accounts in contravention of extant regulatory requirements.

Global EV maker VinFast’s India unit has signed a memorandum of understanding (MoU) with HDFC Bank to provide auto and inventory financing for its exclusive dealer network, a statement said in August 11. The partnership is Vietnam-based firm’s first with a lender in India and aims to provide financing solutions ahead of the company’s launch in the country.

The tie-up will allow the carmaker to use HDFC Bank’s pan-India reach and digital customers to access urban and emerging markets, the statement said.

Ipca Laboratories, Ashoka Buildcon, Astral, Awfis Space Solutions, Bajaj Consumer Care, Bata India, BEML, Brigade Hotel Ventures, Enviro Infra Engineers, Krsnaa Diagnostics, Praj Industries, Tilaknagar Industries, Titagarh Rail Systems, Travel Food Services, VST Tillers Tractors, and Websol Energy System will release quarterly earnings on August 11.

#1 Profit soars 38.4 percent to Rs 27.8 crore Vs Rs 20.1 crore, YoY

#2 Revenue jumps 28 percent to Rs 1,403.8 crore Vs Rs 1,097 crore, YoY

Entero Healthcare Solutions was quoting at Rs 1,202.15, down Rs 85.70, or 6.65 percent.

It has touched an intraday high of Rs 1,299.95 and an intraday low of Rs 1,169.15.

It was trading with volumes of 5,906 shares, compared to its five day average of 2,932 shares, an increase of 101.46 percent.

In the previous trading session, the share closed up 2.43 percent or Rs 30.60 at Rs 1,287.85.

The share touched a 52-week high of Rs 1,583.00 and a 52-week low of Rs 1,077.60 on 07 November, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 24.06 percent below its 52-week high and 11.56 percent above its 52-week low.

Market capitalisation stands at Rs 5,230.42 crore.

#1 Strong India margin offset by weak EU performance

#2 Flat India volumes YoY; EU volumes declined

#3 Gross margin improved in India but fell in EU due to negative operating leverage

IDFC First Bank was quoting at Rs 69.51, up Rs 0.47, or 0.68 percent.

It has touched an intraday high of Rs 70.17 and an intraday low of Rs 69.07.

It was trading with volumes of 363,843 shares, compared to its five day average of 1,116,438 shares, a decrease of -67.41 percent.

In the previous trading session, the share closed down 0.29 percent or Rs 0.20 at Rs 69.04.

The share touched a 52-week high of Rs 78.50 and a 52-week low of Rs 52.50 on 04 July, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 11.45 percent below its 52-week high and 32.4 percent above its 52-week low.

Market capitalisation stands at Rs 50,988.37 crore.

The Sensex was up 232.15 points or 0.29 percent at 80,089.94, and the Nifty was up 73.10 points or 0.30 percent at 24,436.40. About 1741 shares advanced, 1823 shares declined, and 151 shares unchanged.

#1 Q1FY26 UCP margin missed sharply

#2 Competitive intensity may hurt margin despite recovery hopes

#3 Cut FY26 RAC growth to 5 percent and maintain FY27/28 at 20 percent/15 percent

#4 Cut FY26/27 UCP revenue growth to 6 percent/24 percent

In an era of elevated valuations and “well-discovered” stocks, ICICI Prudential Mutual Fund CIO S Naren says the art of equity investing has tilted decisively toward risk management — even if that means banking smaller, surer gains.

Naren said: “If we are more certain of a 10% upside, we may buy a stock with a 10% upside also. Because of the quantum of money we manage…” He explained his stance urging to look at the past year’s return for the benchmark indices. Read More

#1 Profit grows 21.5 percent to Rs 354.2 crore Vs Rs 291.5 crore, YoY

#2 Revenue declines 13.1 percent to Rs 1,316 crore Vs Rs 1,514.3 crore, YoY

Shipping Corporation of India was quoting at Rs 200.05, down Rs 1.90, or 0.94 percent.

It has touched an intraday high of Rs 206.35 and an intraday low of Rs 199.30.

It was trading with volumes of 144,994 shares, compared to its five day average of 84,571 shares, an increase of 71.45 percent.

In the previous trading session, the share closed down 2.42 percent or Rs 5.00 at Rs 201.95.

The share touched a 52-week high of Rs 288.75 and a 52-week low of Rs 138.25 on 12 August, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 30.72 percent below its 52-week high and 44.7 percent above its 52-week low.

Market capitalisation stands at Rs 9,318.31 crore.

NSDL has seen an extraordinary rally since its listing on August 6, 2025. The stock is up ~65% from its IPO price of Rs 800, trading around Rs 1,320. The reason for the rally is outstanding IPO response, post- listing momentum, the company’s strong business model, largest depository in India and positive street sentiment amongst others. After 65–70% rally in a few days it is recommended booking some profits, especially for short-term and listing-gain-focused investors.

The near-term upside may be capped after such a sharp move, and markets tend to see consolidation post a robust debut. If you are a long-term investor willing to ride out near-term volatility, NSDL remains a high-quality stock supported by rising demat penetration

#1 Profit surges 69.3 percent to Rs 11.4 crore Vs Rs 6.7 crore, YoY

#2 Revenue falls 4.8 percent to Rs 475.5 crore Vs Rs 499.5 crore, YoY

DCW was quoting at Rs 73.51, down Rs 0.60, or 0.81 percent.

It has touched an intraday high of Rs 75.40 and an intraday low of Rs 73.38.

It was trading with volumes of 62,475 shares, compared to its five day average of 70,516 shares, a decrease of -11.40 percent.

In the previous trading session, the share closed down 1.11 percent or Rs 0.83 at Rs 74.11.

The share touched a 52-week high of Rs 113.00 and a 52-week low of Rs 65.75 on 07 November, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 34.95 percent below its 52-week high and 11.8 percent above its 52-week low.

Market capitalisation stands at Rs 2,169.68 crore.

#1 Profit jumps 25.7 percent to Rs 93.1 crore Vs Rs 74 crore, YoY

#2 Revenue grows 4.8 percent to Rs 403.2 crore Vs Rs 384.8 crore, YoY

#3 Other income zooms to Rs 41.7 crore Vs Rs 16.9 crore, YoY

Poly Medicure was quoting at Rs 1,934.05, up Rs 9.00, or 0.47 percent.

It has touched an intraday high of Rs 1,997.85 and an intraday low of Rs 1,907.95.

It was trading with volumes of 2,520 shares, compared to its five day average of 7,110 shares, a decrease of -64.56 percent.

In the previous trading session, the share closed down 0.34 percent or Rs 6.60 at Rs 1,925.05.

The share touched a 52-week high of Rs 3,350.00 and a 52-week low of Rs 1,860.60 on 01 November, 2024 and 14 August, 2024, respectively.

Currently, the stock is trading 42.27 percent below its 52-week high and 3.95 percent above its 52-week low.

Market capitalisation stands at Rs 19,596.90 crore.

#1 Loss stands at Rs 68.6 crore Vs Profit of Rs 14.8 crore, YoY

#2 Revenue falls 20.3 percent to Rs 524.4 crore Vs Rs 658.3 crore, YoY

Puravankara was quoting at Rs 258.65, down Rs 7.85, or 2.95 percent.

It has touched an intraday high of Rs 261.35 and an intraday low of Rs 252.95.

It was trading with volumes of 7,019 shares, compared to its five day average of 13,125 shares, a decrease of -46.52 percent.

In the previous trading session, the share closed down 2.09 percent or Rs 5.70 at Rs 266.50.

The share touched a 52-week high of Rs 490.90 and a 52-week low of Rs 205.05 on 21 August, 2024 and 09 May, 2025, respectively.

Currently, the stock is trading 47.31 percent below its 52-week high and 26.14 percent above its 52-week low.

Market capitalisation stands at Rs 6,133.88 crore.

#1 Profit falls 3.1 percent to Rs 423.4 crore Vs Rs 437 crore, YoY

#2 Revenue grows 15.5 percent to Rs 4,346.8 crore Vs Rs 3,762.6 crore, YoY

Siemens was quoting at Rs 3,110.25, up Rs 79.50, or 2.62 percent.

It has touched an intraday high of Rs 3,129.75 and an intraday low of Rs 2,925.05.

It was trading with volumes of 37,258 shares, compared to its five day average of 29,668 shares, an increase of 25.58 percent.

In the previous trading session, the share closed down 2.83 percent or Rs 88.25 at Rs 3,030.75.

The share touched a 52-week high of Rs 8,129.95 and a 52-week low of Rs 2,490.00 on 16 October, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 61.74 percent below its 52-week high and 24.91 percent above its 52-week low.

Market capitalisation stands at Rs 110,762.38 crore.

#1 Q1 EBITDA below estimates

#2 JLR faces competition, China tax, warranty costs & aging models

#3 India PVs losing market share & facing margin pressure

#4 CV demand remains weak

#5 Unconvinced about Iveco acquisition

#6 Cut FY26–28 EPS by 8–15 percent

The Sensex was up 297.90 points or 0.37 percent at 80,155.69, and the Nifty was up 93.80 points or 0.39 percent at 24,457.10. About 1860 shares advanced, 1610 shares declined, and 148 shares unchanged.

Indian rupee is trading 10 paise higher at 87.56 per dollar versus Friday's close of 87.66.

#1 Profit increases 10.5 percent to Rs 57.3 crore Vs Rs 51.8 crore, YoY

#2 Revenue climbs 26.4 percent to Rs 562.3 crore Vs Rs 445 crore, YoY

DOMS Industries was quoting at Rs 2,493.95, up Rs 206.40, or 9.02 percent.

It has touched an intraday high of Rs 2,500.00 and an intraday low of Rs 2,321.50.

It was trading with volumes of 22,891 shares, compared to its five day average of 3,873 shares, an increase of 491.07 percent.

In the previous trading session, the share closed down 1.98 percent or Rs 46.15 at Rs 2,287.55.

The share touched a 52-week high of Rs 3,111.00 and a 52-week low of Rs 2,094.75 on 17 December, 2024 and 28 January, 2025, respectively.

Currently, the stock is trading 19.83 percent below its 52-week high and 19.06 percent above its 52-week low.

Market capitalisation stands at Rs 15,135.18 crore.

Yatharth Hospital and Trauma Care Services is set to be included as a constituent of the MSCI India Small Cap Index, effective from the upcoming index rebalancing date of 26th August 2025.

Yatharth Hospital and Trauma Care Services was quoting at Rs 711.65, up Rs 5.60, or 0.79 percent.

It has touched a 52-week high of Rs 738.

It has touched an intraday high of Rs 738 and an intraday low of Rs 708.

It was trading with volumes of 27,418 shares, compared to its five day average of 13,987 shares, an increase of 96.02 percent.

In the previous trading session, the share closed up 2.11 percent or Rs 14.60 at Rs 706.05.

Market capitalisation stands at Rs 6,857.06 crore.

Mahindra Logistics has announced the launch of Alyte – a refreshed, premium, and tech-enabled B2C mobility service designed for

today’s digitally connected urban commuters.

Mahindra Logistics was quoting at Rs 326.80, up Rs 5.40, or 1.68 percent.

It has touched an intraday high of Rs 334.25 and an intraday low of Rs 321.40.

It was trading with volumes of 13,588 shares, compared to its five day average of 13,140 shares, an increase of 3.41 percent.

In the previous trading session, the share closed up 1.40 percent or Rs 4.45 at Rs 321.40.

The share touched a 52-week high of Rs 471.00 and a 52-week low of Rs 217.70 on 23 August, 2024 and 04 March, 2025, respectively.

Currently, the stock is trading 30.62 percent below its 52-week high and 50.11 percent above its 52-week low.

Market capitalisation stands at Rs 3,241.23 crore.

Oriana Power won a bid at a price of Rs 52.25 per kg. in Solar Energy Corporation of India (SECI’S) Green ammonia auction to supply 60,000 metric tonnes per annum of ammonia to Madhya Bharat Agro Products for plant in Sagar, Madhya Pradesh and consortium of M/s SCC Infrastructure with M/s InSolare Energy, has won a bid at a price of Rs. 53.05 per kg. in Solar Energy Corporation of India (SECI’S) Green ammonia auction to supply 70,000 metric tonnes per annum of ammonia to Madhya Bharat Agro Products Limited for plant in Dhule, Maharashtra.

Lupin today announced the launch of Glucagon for Injection USP, 1mg/vial packaged in an emergency kit in the United States.

Glucagon for Injection USP, 1mg/vial packaged in an emergency kit is bioequivalent to Glucagon for Injection, 1 mg/vial of Eli Lilly and Company.

Glucagon is indicated for the treatment of severe hypoglycemia in pediatric and adult patients with diabetes mellitus and as a diagnostic aid for use during radiologic examinations to temporarily inhibit movement of the gastrointestinal tract in adult

patients.