Closing Bell: Nifty below 25,000, Sensex down 502 pts; metals shine

Indian equity indices ended on a weak note with Nifty below 25,000 on July 18. At close, the Sensex was down 501.51 points or 0.61 percent at 81,757.73, and the Nifty was down 143.05 points or 0.57 percent at 24,968.40.

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

The Nifty remained under selling pressure, falling towards 24,900 where it found initial support. The index stayed above the 50-day moving average (50DMA) and appears poised for a short-term pullback after a sharp correction.

However, it remains a ‘sell on rise’ as long as it trades below 25,260. On the downside, selling may intensify if it breaks below 24,900.

Markets edged lower on Friday, losing over half a percent, primarily due to weak earnings. A sharp decline in Axis Bank following its results made participants cautious ahead of upcoming earnings from other banking heavyweights, namely HDFC Bank and ICICI Bank, which are scheduled over the weekend. Additionally, the results of another index heavyweight, Reliance Industries, expected after market hours on Friday, further added to the cautious sentiment. As a result, the Nifty index nearly tested the support zone of 24,900 before settling at 24,968.40 level.

In line with the benchmark move, most sectoral indices ended in the red, with banking, energy, and FMCG leading the losses. The broader indices also witnessed profit booking, each shedding nearly a percent.

Markets will react to the earnings of the three heavyweights—Reliance, HDFC Bank, and ICICI Bank—in early trade on Monday, which will likely set the tone for the session. On the index front, a decisive break below 24,900 in Nifty could lead to further pressure, while any rebound may face resistance near the 20-day EMA zone around 25,200.

Participants are advised to avoid aggressive directional trades and adopt a hedged approach, with a focus on stock selection based on earnings performance.

Market falls for third straight week, financials top laggards

Sensex, Nifty & Nifty Bank fall 1% each while Midcap index rises 1%

Defence pack falls the most this week, sectoral index down 4%

IT index amongst top losing indices tracking quarterly results

Media, Realty & PSU Bank indices gain in a rangebound week

Today, the Indian stock market closed negatively with the Nifty 50 ending at around 24,968, down approximately 0.57% (143 points), slipping further below the psychological 25,000 level after a broadbased sell-off. The BSE Sensex also dropped about 501 points, settling near 81,757. The negative closing was primarily driven by disappointing earnings results, most notably from Axis Bank whose Q1FY26 performance alarmed investors, contributing to a sharp decline in financial stocks including HDFC Bank and Kotak Mahindra Bank.

Foreign Institutional Investors (FIIs) turned net sellers in July after strong inflows in previous months, signaling mounting global risk aversion and a shift in sentiment. Additionally, Citi's reduction of India’s equity rating from “overweight” to “neutral” further dented confidence, citing stretched valuations at 23x forward earnings and moderation in growth expectations.

Global uncertainties, particularly ambiguous signals about the U.S. Federal Reserve’s monetary policy and rising crude oil prices following disruptions in Iraq, exacerbated concerns around inflation and input costs for India as an oil-importing nation.

The Indian equity markets had a mixed week, with the Nifty-50 Index and Sensex falling 1% each, while small-caps gained 1.4% and mid-caps gained 1% over the past week. While macro data remained supportive, most large-cap. IT services companies disappointed versus estimates. Sector-wise, indices were mixed during the week. Health care (1.9%), Auto (1.8%), FMCG (1.2%), Realty (3.4%) and Consumer Durable (0.7%) gained the most. While IT (- 1.3%) and Bank Nifty (-0.9%) lost the most. Within the Nifty, Hero Moto (+4.5%), M&M (+3.5%) and Bajaj Auto (+3.4%) gained the most, while Axis Bank (-5.9%), HCL Tech (-5.6%) and Tech Mahindra (-3.2%) lost the most.

Indian equity markets also turned attention to the Q1FY26 earnings season, with investors having muted expectations for the season. On the macro front, (1) June CPI inflation moderated to 2.1% (May: 2.8%), (2) the goods trade deficit in June narrowed from May levels to US$18.8 bn, led by a sharp fall in oil and gold imports and (3) the services trade surplus remained steady at USD 15.3 bn. DIIs were net buyers and FIIs were net sellers during the week.

In Global, in US, the Republican-controlled House voted 216-213 to give final passage to a bill cutting $9 billion in spending that had already been approved, sending it to President Donald Trump to become law. Stocks rose on Thursday, buoyed by fresh economic data reports along with a slew of corporate earnings releases. Federal Reserve Chairman Jerome Powell formally replied to White House OMB director Russell Vought’s July 10 letter, which asked pointed questions about the Fed’s headquarters renovation. In Asia, Japan’s core inflation cooled to 3.3% in June, coming down from a 29-month high of 3.7% as rice inflation showed signs of easing.

The Indian Rupee becomes the weakest performing currency among its Asian counterparts, experiencing depreciation in five of the last six trading sessions. This sustained downturn is primarily attributable to lingering uncertainties surrounding a prospective trade agreement, higher global crude oil prices, and foreign institutional selling domestic equities.

The prevailing imbalance between dollar demand and supply further exacerbates the downward pressure on the rupee. From a technical perspective, the spot USD/INR pair is having support at 85.75 and encounters resistance at 86.30.

Indian rupee ended lower at 86.15 per dollar on Friday versus Thursday's close of 86.07.

Indian equity indices ended on a weak note with Nifty below 25,000 on July 18.

At close, the Sensex was down 501.51 points or 0.61 percent at 81,757.73, and the Nifty was down 143.05 points or 0.57 percent at 24,968.40. About 1619 shares advanced, 2265 shares declined, and 153 shares unchanged.

Biggest Nifty losers included Axis Bank, Shriram Finance, Bharat Electronics, HDFC Life, Bharti Airtel, while gainers were Wipro, Bajaj Finance, Tata Steel, ONGC, Nestle India.

Except media and metal, all other sectoral indices ended in the red with pharma, Private Bank, PSU bank, FMCG, capital goods, consumer durables, telecom down 0.5-1 percent.

BSE Midcap and smallcap indices shed 0.6 percent each.

JSW Steel was quoting at Rs 1,039.40, up Rs 6.00, or 0.58 percent.

It has touched an intraday high of Rs 1,046.70 and an intraday low of Rs 1,027.00.

It was trading with volumes of 31,260 shares, compared to its five day average of 100,241 shares, a decrease of -68.82 percent.

In the previous trading session, the share closed up 0.40 percent or Rs 4.15 at Rs 1,033.40.

The share touched a 52-week high of Rs 1,074.15 and a 52-week low of Rs 854.35 on 25 March, 2025 and 05 August, 2024, respectively.

Currently, the stock is trading 3.24 percent below its 52-week high and 21.66 percent above its 52-week low.

Market capitalisation stands at Rs 254,180.49 crore.

#1 Data revenue up 9 percent YoY, led by 17 percent YoY growth in digital services

#2 Revenue below estimates, but EBITDA in-line

#3 Company witnessed double-digit growth in order book

#4 Estimates 10–15 percent data revenue & consolidated EBITDA CAGR by FY28

#5 Board approves fundraising via NCDs up to Rs 1,000 crore

#1 Favourable equity markets coupled with robust SIP flows supported equity QAAUM growth

#2 Most metrics stayed robust with equity AUM market share at 12.8 percent

#3 Raise FY26/27/28 estimates by 6.7 percent/7.1/5.5 percent

#1 Undershot on Q1 NIM & reported a big miss on asset quality

#2 Core slippage & credit cost rose QoQ & YoY

#3 NIM fell 17 bps QoQ even when company has been slowest in passing rate cuts

#4 Loan growth is driven by corporate/SME while retail is flat

#5 Cut FY26/27 EPS estimates by 5 percent /6 percent

BEML Limited has bagged order from the Ministry of Defence (E-in-C) for supply of Bulldozer with contract value of Rs. 185.65 crores approximately.

BEML was quoting at Rs 4,394.00, down Rs 151.60, or 3.34 percent.

It has touched an intraday high of Rs 4,587.85 and an intraday low of Rs 4,380.65.

It was trading with volumes of 15,608 shares, compared to its five day average of 25,650 shares, a decrease of -39.15 percent.

In the previous trading session, the share closed down 1.46 percent or Rs 67.35 at Rs 4,545.60.

The share touched a 52-week high of Rs 4,889.25 and a 52-week low of Rs 2,346.35 on 19 July, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 10.13 percent below its 52-week high and 87.27 percent above its 52-week low.

Market capitalisation stands at Rs 18,298.59 crore.

#1 Q1 results broadly in-line with expectations

#2 Saw continued improvement in fundamentals

#3 In medium to long-term, expect growth to be nearly double that of mega cap IT companies

#4 Potential for a strong growth pick-up at still-attractive valuations

EMS was quoting at Rs 631.50, up Rs 20.75, or 3.40 percent.

It has touched an intraday high of Rs 642.65 and an intraday low of Rs 613.05.

It was trading with volumes of 51,123 shares, compared to its five day average of 68,145 shares, a decrease of -24.98 percent.

In the previous trading session, the share closed up 0.34 percent or Rs 2.05 at Rs 610.75.

The share touched a 52-week high of Rs 1,016.85 and a 52-week low of Rs 550.00 on 18 December, 2024 and 09 May, 2025, respectively.

Currently, the stock is trading 37.9 percent below its 52-week high and 14.82 percent above its 52-week low.

Market capitalisation stands at Rs 3,506.77 crore.

The Sensex was down 510.08 points or 0.62 percent at 81,749.16, and the Nifty was down 145.55 points or 0.58 percent at 24,965.90. About 1439 shares advanced, 2076 shares declined, and 130 shares unchanged.

The company has bagged a contract for a value of Rs 103.07 crore from M/s. JWIL Infra Limited. This contract is part of JWIL’s contract for Supply, Erection & Commissioning of Product Water Transmission Mains for the 400 MLD Desalination Plant at Perur on East Coast Road, south of Chennai and upto Porur Head Works and all allied works including O&M for 20 years – Package No.CP3-A awarded by Chennai Metropolitan Water Supply and Sewerage Board.

Vishnusurya Projects And Infra was quoting at Rs 176.10, up Rs 7.85, or 4.67 percent.

It has touched an intraday high of Rs 185.00 and an intraday low of Rs 166.50.

It was trading with volumes of 103,500 shares, compared to its five day average of 23,300 shares, an increase of 344.21 percent.

In the previous trading session, the share closed down 1.61 percent or Rs 2.75 at Rs 168.25.

The share touched a 52-week high of Rs 414.00 and a 52-week low of Rs 155.05 on 22 August, 2024 and 12 March, 2025, respectively.

Currently, the stock is trading 57.46 percent below its 52-week high and 13.58 percent above its 52-week low.

Market capitalisation stands at Rs 433.38 crore.

Agarwal Toughened Glass India has received a Purchase Order from Elite Window Factory, Jaipur total amounting to approximately

Rs 7 crore.

Agarwal Toughened Glass India was quoting at Rs 127.00, up Rs 1.00, or 0.79 percent.

It has touched an intraday high of Rs 127.65 and an intraday low of Rs 126.50.

In the previous trading session, the share closed down 1.68 percent or Rs 2.15 at Rs 126.00.

The share touched a 52-week high of Rs 147.70 and a 52-week low of Rs 81.00 on 06 December, 2024 and 04 March, 2025, respectively.

Currently, the stock is trading 14.01 percent below its 52-week high and 56.79 percent above its 52-week low.

Market capitalisation stands at Rs 224.47 crore.

Indian rupee erased some of the intraday losses but still trading lower at 86.14 per dollar versus Thursday's close of 86.07.

#1 NII & core PPOP in-line; PBT miss due to higher credit costs

#2 Bank tightened NPL recognition policies in prior quarter, leading to sharp rise in slippages & credit costs

#3 Even adjusted for one-time impact, credit costs were 25–30 bps higher than estimates

#4 Balance sheet remained steady with 8–9 percent loan & deposit growth

#5 Adjusted for interest reversals, NIM declined only 13 bps QoQ

The Sensex was down 530.70 points or 0.65 percent at 81,728.54, and the Nifty was down 150.35 points or 0.60 percent at 24,961.10. About 1370 shares advanced, 2118 shares declined, and 119 shares unchanged.

#1 Strong revenue growth of 26 percent YoY, 5 percent above estimates

#2 EBITDA margin expanded 210 bps YoY to 14.5 percent

#3 Wires & cables revenue up 31 percent YoY, margin up 191 bps YoY to 14.7 percent

#4 FMEG revenue up 18 percent YoY, margin improved by 283 bps YoY to 2.1 percent

#5 FMEG delivered second consecutive profitable quarter

Indian rupee erased intraday gains and trading lower by 10 paise at 86.17 per dollar versus Thursday's close of 86.07.

Hindustan Zinc was quoting at Rs 433.65, down Rs 3.40, or 0.78 percent.

It has touched an intraday high of Rs 441.45 and an intraday low of Rs 432.95.

It was trading with volumes of 96,148 shares, compared to its five day average of 180,804 shares, a decrease of -46.82 percent.

In the previous trading session, the share closed up 0.43 percent or Rs 1.85 at Rs 437.05.

The share touched a 52-week high of Rs 664.35 and a 52-week low of Rs 378.65 on 02 August, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 34.73 percent below its 52-week high and 14.53 percent above its 52-week low.

Market capitalisation stands at Rs 183,230.96 crore.

Granules India was quoting at Rs 493.40, down Rs 8.80, or 1.75 percent.

It has touched an intraday high of Rs 505.00 and an intraday low of Rs 492.80.

It was trading with volumes of 16,039 shares, compared to its five day average of 46,814 shares, a decrease of -65.74 percent.

In the previous trading session, the share closed up 0.52 percent or Rs 2.60 at Rs 502.20.

The share touched a 52-week high of Rs 724.55 and a 52-week low of Rs 412.05 on 02 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 31.9 percent below its 52-week high and 19.74 percent above its 52-week low.

Market capitalisation stands at Rs 11,972.04 crore.

Axis Bank was quoting at Rs 1,103.00, down Rs 56.85, or 4.90 percent.

It has touched an intraday high of Rs 1,115.80 and an intraday low of Rs 1,073.95.

It was trading with volumes of 934,744 shares, compared to its five day average of 70,462 shares, an increase of 1,226.59 percent.

In the previous trading session, the share closed down 0.68 percent or Rs 7.90 at Rs 1,159.85.

The share touched a 52-week high of Rs 1,305.90 and a 52-week low of Rs 934.00 on 19 July, 2024 and 27 January, 2025, respectively.

Currently, the stock is trading 15.54 percent below its 52-week high and 18.09 percent above its 52-week low.

Market capitalisation stands at Rs 342,092.09 crore.

Route Mobile announced that the board of directors has accepted the resignation of Gautam Badalia from his role as CEO, effective July 17, 2025.

Route Mobile has named senior leader Mr. Rajdipkumar Gupta as CEO.

The Board also appointed Mr. Sammy Mamdani, Executive Vice President – Group Head – Global Operations, as Chief Operating Officer, effective 17 July 2025.

Newly set up company will do localization of products which would be produced at prospective partners in China for sales locally.

Sun Pharmaceutical Industries was quoting at Rs 1,694.10, down Rs 9.15, or 0.54 percent.

It has touched an intraday high of Rs 1,711.75 and an intraday low of Rs 1,687.55.

It was trading with volumes of 52,864 shares, compared to its five day average of 72,060 shares, a decrease of -26.64 percent.

In the previous trading session, the share closed up 0.14 percent or Rs 2.40 at Rs 1,703.25.

The share touched a 52-week high of Rs 1,960.20 and a 52-week low of Rs 1,555.00 on 30 September, 2024 and 05 March, 2025, respectively.

Currently, the stock is trading 13.58 percent below its 52-week high and 8.95 percent above its 52-week low.

Market capitalisation stands at Rs 406,471.34 crore.

South Indian Bank was quoting at Rs 30.08, down Rs 0.57, or 1.86 percent.

It has touched an intraday high of Rs 30.91 and an intraday low of Rs 29.89.

It was trading with volumes of 1,218,463 shares, compared to its five day average of 1,113,899 shares, an increase of 9.39 percent.

In the previous trading session, the share closed down 0.62 percent or Rs 0.19 at Rs 30.65.

The share touched a 52-week high of Rs 32.27 and a 52-week low of Rs 22.12 on 02 July, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 6.79 percent below its 52-week high and 35.99 percent above its 52-week low.

Market capitalisation stands at Rs 7,869.95 crore.

The board of directors of the company at its meeting held on July 17, 2025, has approved funds raising through the issuance of equity shares of face value Rs 10 each by way of rights issue for an amount not exceeding Rs 1,250 crore, to the eligible equity shareholders of the company as on the record date.

#1 Believes Honasa is well positioned to serve India's emerging middle class

#2 Notes intensified competition in BPC space since Mamaearth's 2016 launch

#3 Despite underwhelming recent performance, forecasts FY25–28 sales/EPS CAGRs of 16 percent/42 percent

#1 Profit sinks 27.6 percent to Rs 58.8 crore Vs Rs 81.2 crore, YoY

#2 Revenue declines 4.8 percent to Rs 1,050.8 crore Vs Rs 1,103.4 crore, YoY

#3 Gautam Badalia resigns as Chief Executive Officer of the company, effective July 17

#4 Board approves redesignation of Rajdipkumar Gupta as the Managing Director and Chief Executive Officer, effective July 18

#5 Board approves re-designation of Sammy Mamdani as Chief Operating Officer, from Executive Vice President – Group Head – Global Operations

#1 Profit jumps 19.3 percent to Rs 296.4 crore Vs Rs 248.4 crore, YoY

#2 Revenue soars 31.7 percent to Rs 2,041.1 crore Vs Rs 1,550.2 crore, YoY

Indian Hotels Company was quoting at Rs 760.55, up Rs 6.50, or 0.86 percent.

It has touched an intraday high of Rs 767.85 and an intraday low of Rs 751.00.

It was trading with volumes of 348,051 shares, compared to its five day average of 302,951 shares, an increase of 14.89 percent.

In the previous trading session, the share closed up 0.37 percent or Rs 2.80 at Rs 754.05.

The share touched a 52-week high of Rs 894.15 and a 52-week low of Rs 571.15 on 30 December, 2024 and 19 July, 2024, respectively.

Currently, the stock is trading 14.94 percent below its 52-week high and 33.16 percent above its 52-week low.

Market capitalisation stands at Rs 108,259.14 crore.

#1 Loss narrows to Rs 15.74 crore Vs loss of Rs 22.72 crore, YoY

#2 Revenue grows 8.6 percent to Rs 1,161.1 crore Vs Rs 1,069.3 crore, YoY

Shoppers Stop was quoting at Rs 554.90, down Rs 15.20, or 2.67 percent.

It has touched an intraday high of Rs 564.95 and an intraday low of Rs 537.40.

It was trading with volumes of 19,839 shares, compared to its five day average of 13,015 shares, an increase of 52.43 percent.

In the previous trading session, the share closed down 0.94 percent or Rs 5.40 at Rs 570.10.

The share touched a 52-week high of Rs 943.65 and a 52-week low of Rs 467.50 on 12 September, 2024 and 13 March, 2025, respectively.

Currently, the stock is trading 41.2 percent below its 52-week high and 18.7 percent above its 52-week low.

Market capitalisation stands at Rs 6,107.18 crore.

HDFC Bank, ICICI Bank, Union Bank of India, RBL Bank, Yes Bank, AU Small Finance Bank, Can Fin Homes, Central Bank of India, EPACK Durable, India Cements, JK Cement, Punjab & Sind Bank, Rossari Biotech, Reliance Power, and Seshasayee Paper and Boards will announce their quarterly results on July 19.

The Hon’ble National Company Law Appellate Tribunal, New Delhi (NCLAT), has been pleased to stay the order dated May 30, 2025 and the Corporate Insolvency Resolution Process against Reliance Infrastructure.

Reliance Infrastructure was quoting at Rs 396.00, up Rs 0.85, or 0.22 percent.

It has touched an intraday high of Rs 399.50 and an intraday low of Rs 385.10.

It was trading with volumes of 65,027 shares, compared to its five day average of 278,832 shares, a decrease of -76.68 percent.

In the previous trading session, the share closed down 1.30 percent or Rs 5.20 at Rs 395.15.

The share touched a 52-week high of Rs 425.00 and a 52-week low of Rs 169.75 on 27 June, 2025 and 23 July, 2024, respectively.

Currently, the stock is trading 6.82 percent below its 52-week high and 133.28 percent above its 52-week low.

Market capitalisation stands at Rs 15,686.80 crore.

The Sensex was down 516.39 points or 0.63 percent at 81,742.85, and the Nifty was down 141.30 points or 0.56 percent at 24,970.15. About 1286 shares advanced, 2151 shares declined, and 122 shares unchanged.

360 ONE WAM was quoting at Rs 1,199.40, down Rs 5.80, or 0.48 percent.

It has touched an intraday high of Rs 1,226.75 and an intraday low of Rs 1,185.00.

It was trading with volumes of 49,680 shares, compared to its five day average of 10,388 shares, an increase of 378.24 percent.

It was trading with volumes of 49,680 shares, compared to its thirty day average of 161,060 shares, a decrease of -69.15 percent.

In the previous trading session, the share closed up 0.49 percent or Rs 5.90 at Rs 1,205.20.

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 8.95 percent below its 52-week high and 56.57 percent above its 52-week low.

Market capitalisation stands at Rs 48,484.39 crore.

Angel One was quoting at Rs 2,687.10, down Rs 51.90, or 1.89 percent.

It has touched an intraday high of Rs 2,733.65 and an intraday low of Rs 2,680.00.

It was trading with volumes of 15,324 shares, compared to its five day average of 33,853 shares, a decrease of -54.73 percent.

In the previous trading session, the share closed up 0.87 percent or Rs 23.75 at Rs 2,739.00.

The share touched a 52-week high of Rs 3,502.60 and a 52-week low of Rs 1,942.00 on 09 December, 2024 and 13 March, 2025, respectively.

Currently, the stock is trading 23.28 percent below its 52-week high and 38.37 percent above its 52-week low.

Market capitalisation stands at Rs 24,330.55 crore.

Reliance Industries, JSW Steel, Bandhan Bank, Aarti Drugs, Atul, Hindustan Zinc, IndiaMART InterMESH, L&T Finance, Mahindra EPC Irrigation, Mastek, Mangalore Refinery and Petrochemicals, and Indosolar will release their quarterly earnings on July 18.

Indian Overseas Bank was quoting at Rs 39.90, up Rs 0.06, or 0.15 percent.

It has touched an intraday high of Rs 40.64 and an intraday low of Rs 39.23.

It was trading with volumes of 1,129,766 shares, compared to its five day average of 389,406 shares, an increase of 190.13 percent.

In the previous trading session, the share closed up 0.25 percent or Rs 0.10 at Rs 39.84.

The share touched a 52-week high of Rs 72.60 and a 52-week low of Rs 33.01 on 29 July, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 45.04 percent below its 52-week high and 20.87 percent above its 52-week low.

Market capitalisation stands at Rs 76,833.79 crore.

#1 Core operating performance largely in-line

#2 Higher-than-expected trading gains led to PAT beat

#3 Buoyant equity markets, stable AUM market share can partially offset pressure from falling yields

#4 Valuations already pricing in the recovery

Godrej Properties announced the acquisition of a ~ 48-acre land parcel at Doddaballapur, North Bengaluru.

The land is located in a strategic and highly potential area near the Satellite Town Ring Road (STRR).

The development on this land will primarily comprise plotted units with a development potential of ~1.1 million square feet.

Saregama has entered into a deal with NAV Records Pvt. Ltd., the lead player in the Haryanvi music space. This significant move will see Saregama acquiring NAV’s 6,500 tracks across Haryanvi, Punjabi, Ghazals, Devotional and Indie Pop.

The acquisition also includes super popular Youtube channels like NAV Haryanvi, Nupur Audio etc having over 24M subscriber base, further boosting Saregama’s digital footprint.

Saregama India was quoting at Rs 512.70, up Rs 25.40, or 5.21 percent.

It has touched an intraday high of Rs 520.00 and an intraday low of Rs 491.00.

It was trading with volumes of 220,938 shares, compared to its five day average of 9,256 shares, an increase of 2,286.92 percent.

In the previous trading session, the share closed up 1.39 percent or Rs 6.70 at Rs 487.30.

The share touched a 52-week high of Rs 688.50 and a 52-week low of Rs 417.65 on 01 October, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 25.53 percent below its 52-week high and 22.76 percent above its 52-week low.

Market capitalisation stands at Rs 9,885.34 crore.

The company’s subsidiary, Bajaj Auto Credit, has received approval from its board of directors for a fresh issuance limit of non-convertible debentures (NCDs) up to Rs 5,000 crore, an enhanced limit for the issuance of commercial papers up to Rs 3,000 crore, and a subordinated debt (Tier-2) issuance limit up to Rs 750 crore.

#1 Achieved Q1FY26 RevPAR growth of 11 percent YoY in its domestic portfolio

#2 Occupancy dipped only 90 bps YoY, whereas ARR rose 12 percent YoY

#3 Company reaffirmed double-digit growth guidance for the year

#4 Explicit commentary on a strong near-term outlook was lacking

#5 Adjusting FY26/27 revenue estimates by -0.8 percent/-1.1 percent

ACME Solar Holdings through its wholly owned subsidiaries have signed Battery Energy Storage Purchase Agreements (BESPA) with NHPC for a total contracted capacity of 275 MW/550 MWh across two Standalone Battery Energy Storage System (BESS) projects.

These projects were secured at a tari+ of Rs 2,10,000/MW/month for 50MW/100MWh and Rs 2,22,000/MW/month for 225MW/450MWh through e-reverse auction held on 24th June 2025.

The projects are covered under Viability Gap Funding (VGF) scheme of Government of India wherein Rs 27 lakh per MWh or 30% of the total project cost, whichever is lower is provided as VGF.

The company has approved the subscription to equity shares of Mahindra Logistics to the extent of its rights entitlement.

It will also subscribe to additional shares as well as any unsubscribed portion of the rights issue at Rs 277 per share. Mahindra Logistics had earlier approved a rights issue of equity shares worth up to Rs 749 crore at an issue price of Rs 277 per share.

The share buyback price has been increased from Rs 70 per share to Rs 75 per share. Further, the maximum number of equity shares proposed to be bought back by the company has been reduced from 11.43 lakh shares to 10.67 lakh shares, equivalent to 0.99% of the total number of equity shares.

Tracxn Technologies was quoting at Rs 60.22, up Rs 0.58, or 0.97 percent.

It has touched an intraday high of Rs 62.83 and an intraday low of Rs 59.95.

It was trading with volumes of 47,250 shares, compared to its five day average of 197,656 shares, a decrease of -76.09 percent.

In the previous trading session, the share closed down 1.47 percent or Rs 0.89 at Rs 59.64.

The share touched a 52-week high of Rs 107.93 and a 52-week low of Rs 48.00 on 31 July, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 44.2 percent below its 52-week high and 25.46 percent above its 52-week low.

Market capitalisation stands at Rs 645.62 crore.

IndoStar has completed the transaction to sell its wholly owned subsidiary, Niwas Housing Finance, to Witkopeend B.V., an affiliate of BPEA EQT Mid-Market Growth Partnership (EQT), a global private equity investor, for Rs 1,705.95 crore.

IndoStar will use the funds to accelerate growth and value creation in its core verticals of vehicle finance and small business loans.

The Sensex was down 546.47 points or 0.66 percent at 81,712.77, and the Nifty was down 159.40 points or 0.63 percent at 24,952.05. About 1269 shares advanced, 2090 shares declined, and 150 shares unchanged.

The company has launched its Qualified Institutions Placement (QIP) issue on July 17, with a floor price of Rs 236.92 per share.

Veranda Learning Solutions was quoting at Rs 248.15, down Rs 18.50, or 6.94 percent.

It has touched an intraday high of Rs 270.20 and an intraday low of Rs 244.50.

It was trading with volumes of 54,908 shares, compared to its five day average of 191,517 shares, a decrease of -71.33 percent.

In the previous trading session, the share closed up 3.65 percent or Rs 9.40 at Rs 266.65.

The share touched a 52-week high of Rs 366.05 and a 52-week low of Rs 185.05 on 06 September, 2024 and 18 March, 2025, respectively.

Currently, the stock is trading 32.21 percent below its 52-week high and 34.1 percent above its 52-week low.

Market capitalisation stands at Rs 1,899.47 crore.

IFGL Refractories was quoting at Rs 279.05, up Rs 2.30, or 0.83 percent.

Bright Outdoor Media was quoting at Rs 394.50, up Rs 9.60, or 2.49 percent.

Motherson Sumi Wiring India was quoting at Rs 43.95, up Rs 1.02, or 2.38 percent.

Samvardhana Motherson International was quoting at Rs 101.40, down Rs 1.17, or 1.14 percent.

#1 Topline/EBITDA/PAT grew 26 percent/47 percent/49 percent YoY, marking strong start to FY

#2 C&W/FMEG reported 33 percent/18 percent revenue growth; 11 percent/18 percent ahead of estimates

#3 FMEG achieved second straight quarter of profitable growth

#4 'Others' segment revenue down 33 percent due to slower execution

#5 Strong cash flow from operations at Rs 1,070 crore, net cash at Rs 3,100 crore

Hindustan Aeronautics was quoting at Rs 4,701.25, down Rs 86.10, or 1.80 percent.

It has touched an intraday high of Rs 4,809.95 and an intraday low of Rs 4,688.00.

It was trading with volumes of 41,242 shares, compared to its five day average of 91,789 shares, a decrease of -55.07 percent.

In the previous trading session, the share closed down 1.74 percent or Rs 84.95 at Rs 4,787.35.

The share touched a 52-week high of Rs 5,166.00 and a 52-week low of Rs 3,045.95 on 16 May, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 9 percent below its 52-week high and 54.34 percent above its 52-week low.

Market capitalisation stands at Rs 314,407.85 crore.

#1 Q1 largely in-line, core PBT down 2 percent QoQ, & below estimates

#2 Gross wealth inflows strong at Rs 6,000 crore, though net flows impacted by Rs 3,500–4,000 crore in attrition-related outflows

#3 Citi remains optimistic given robust RM hiring plans

#4 Strong primary market momentum & lower attrition expected to boost net flows

#5 B&K revenue traction, stable yields & robust carry income to support core earnings over next 9 months

Kotak Mahindra Bank

HCL Technologies

Bharti Airtel

Cummins India

Dabur India

Jubilant FoodWorks

Aegis Logistics

Afcons Infrastructure

ASK Automotive

AstraZeneca Pharma

Bajaj Electricals

Blue Star

Birlasoft

Citadel Realty and Developers

Dhanuka Agritech

Dollar Industries

Elgi Equipments

Exide Industries

GIC Housing Finance

Goodyear India

GRP

Happiest Minds Technologies

Hitech Corporation

India Motor Parts & Accessories

Indian Hume Pipe Company

Indian Hume Pipe Company

Intellect Design Arena

Intellect Design Arena

Laxmi Organic Industries

Magadh Sugar & Energy

Mahindra Lifespace Developers

CE Info Systems

Mangalam Global Enterprise

MRF

Neuland Laboratories

Newgen Software Technologies

Orient Electric

Pix Transmissions

PlatinumOne Business Services

Prudent Corporate Advisory Services

Punjab Chemicals & Crop Protection

Safari Industries India

Sasken Technologies

Shanthi Gears

Sundaram Brake Linings

Swelect Energy Systems

Symphony

TTK Healthcare

Walchand Peoplefirst

Welspun Corp

Xpro India

Thai Securities was quoting at Rs 214.00, up Rs 8.82, or 4.30 percent.

It has touched an intraday high of Rs 215.00 and an intraday low of Rs 199.00.

It was trading with volumes of 14,477 shares, compared to its five day average of 5,963 shares, an increase of 142.80 percent.

In the previous trading session, the share closed down 3.67 percent or Rs 7.82 at Rs 205.18.

The share touched a 52-week high of Rs 220.02 and a 52-week low of Rs 24.15 on 11 February, 2025 and 19 August, 2024, respectively.

Currently, the stock is trading 2.74 percent below its 52-week high and 786.13 percent above its 52-week low.

Market capitalisation stands at Rs 253.78 crore.

Tracxn Technologies was quoting at Rs 60.20, up Rs 0.56, or 0.94 percent.

It has touched an intraday high of Rs 62.83 and an intraday low of Rs 59.95.

It was trading with volumes of 47,148 shares, compared to its five day average of 197,656 shares, a decrease of -76.15 percent.

In the previous trading session, the share closed down 1.47 percent or Rs 0.89 at Rs 59.64.

The share touched a 52-week high of Rs 107.93 and a 52-week low of Rs 48.00 on 31 July, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 44.22 percent below its 52-week high and 25.42 percent above its 52-week low.

Market capitalisation stands at Rs 645.40 crore.

The Sensex was down 609.13 points or 0.74 percent at 81,650.11, and the Nifty was down 180.40 points or 0.72 percent at 24,931.05. About 1135 shares advanced, 2143 shares declined, and 151 shares unchanged.

DB Corp was quoting at Rs 280.60, down Rs 2.55, or 0.90 percent.

It has touched an intraday high of Rs 283.45 and an intraday low of Rs 278.25.

It was trading with volumes of 2,051 shares, compared to its five day average of 29,124 shares, a decrease of -92.96 percent.

In the previous trading session, the share closed up 0.28 percent or Rs 0.80 at Rs 283.15.

The share touched a 52-week high of Rs 375.65 and a 52-week low of Rs 189.10 on 09 October, 2024 and 12 February, 2025, respectively.

Currently, the stock is trading 25.3 percent below its 52-week high and 48.39 percent above its 52-week low.

Market capitalisation stands at Rs 5,000.94 crore.

Shares of Godrej Properties extended their winning streak to a fifth consecutive session, rising to Rs 2,358 apiece on July 18, after the company announced the acquisition of a 48-acre land parcel in Bengaluru, Karnataka. Read More

Reliance Retail today announced a acquisition of Kelvinator. This acquisition is a testament to Reliance Retail's unwavering commitment to shaping the future of the consumer durable sector in India by delivering unparalleled value and choice to consumers, nationwide.

Reliance Industries was quoting at Rs 1,474.00, down Rs 3.10, or 0.21 percent.

It has touched an intraday high of Rs 1,485.05 and an intraday low of Rs 1,470.55.

It was trading with volumes of 91,784 shares, compared to its five day average of 715,156 shares, a decrease of -87.17 percent.

In the previous trading session, the share closed down 0.58 percent or Rs 8.65 at Rs 1,477.10.

The share touched a 52-week high of Rs 1,589.50 and a 52-week low of Rs 1,115.55 on 19 July, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 7.27 percent below its 52-week high and 32.13 percent above its 52-week low.

Market capitalisation stands at Rs 1,994,686.47 crore.

Delhivery will now acquire 99.87% of the issued and paid-up share capital, on a fully diluted basis, of Ecom.

Accordingly, necessary changes have been made to the relevant clauses and schedules of the share purchase agreement regarding the number and percentage of shares to be acquired, of Ecom.

The revised purchase consideration is approximately Rs 1,369 crore.

#1 Profit zooms 46.7 percent to Rs 33.4 crore Vs Rs 22.8 crore, YoY

#2 Revenue falls 40.5 percent to Rs 188.3 crore Vs Rs 316.3 crore, YoY

Sunteck Realty was quoting at Rs 435.20, down Rs 1.80, or 0.41 percent.

It has touched an intraday high of Rs 455.00 and an intraday low of Rs 435.00.

It was trading with volumes of 38,697 shares, compared to its five day average of 9,675 shares, an increase of 299.97 percent.

In the previous trading session, the share closed down 1.14 percent or Rs 5.05 at Rs 437.00.

The share touched a 52-week high of Rs 635.00 and a 52-week low of Rs 348.05 on 23 August, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 31.46 percent below its 52-week high and 25.04 percent above its 52-week low.

Market capitalisation stands at Rs 6,375.20 crore.

We will continue to ensure safe trading environment. Electricity derivatives mark the next step towards India's electricity reforms.

SEBI and CERC have established safeguard for

1. Monthly contracts

2. Electricity has been categorised as a high volatility product.

3. Daily price limits to check excessive volatility.

#1 Profit spikes to Rs 133.2 crore Vs Rs 2.84 crore, YoY

#2 Revenue grows 9 percent to Rs 2,872.7 crore Vs Rs 2,636.5 crore, YoY

Nuvoco Vistas Corporation was quoting at Rs 393.00, up Rs 10.35, or 2.70 percent.

It has touched a 52-week high of Rs 417.35.

It has touched an intraday high of Rs 417.35 and an intraday low of Rs 390.75.

Market capitalisation stands at Rs 14,036.24 crore.

Electricity derivatives will provide market participants a healthy method to hedge against market volatility. I am glad to known that state and central power companies, discoms have shown interest in this.

Globall electricity derivatives markets are well established. The ministry of power Sebi and CERC have worked together to create electricity derivatives in India.

Sebi and CERC have followed a robust and data driven method to create these contracts.

#1 Profit plunges 27 percent to Rs 112.5 crore Vs Rs 154.2 crore, YoY

#2 Revenue grows 10.5 percent to Rs 3,529.4 crore Vs Rs 3,192.8 crore, YoY

#3 Board re-appoints Arnab Banerjee as Managing Director & Chief Executive Officer

#4 Board approves capital expenditure of Rs 450 crore for Chennai plant

Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited has signed its first Battery Energy

Storage Purchase Agreement (BESPA) with NHPC Limited (NHPC).

The project, secured under NHPC’s BESS Tranche-I tender through a competitive bidding route for Kerala State Electricity Board Limited being the end user of the Battery Energy Storage System (BESS) asset, involves setting up a 30 MW / 120 MWh battery storage system at the 220 kV substation in Area code, Kerala.

Valor Estate was quoting at Rs 198.60, down Rs 36.85, or 15.65 percent.

It has touched an intraday high of Rs 209.00 and an intraday low of Rs 198.60.

There were pending sell orders of 137,204 shares, with no buyers available.

It was trading with volumes of 34,538 shares, compared to its five day average of 243,285 shares, a decrease of -85.80 percent.

In the previous trading session, the share closed down 1.90 percent or Rs 4.55 at Rs 235.45.

The share touched a 52-week high of Rs 252.50 and a 52-week low of Rs 115.25 on 09 July, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 21.35 percent below its 52-week high and 72.32 percent above its 52-week low.

Market capitalisation stands at Rs 10,708.60 crore.

On July 15 Cupid announced a strategic investment in GII Healthcare Investment Limited, a healthcare-focused investment vehicle managed by Gulf Islamic Investments (GII).

Cupid was quoting at Rs 145.10, up Rs 11.45, or 8.57 percent.

It has touched a 52-week high of Rs 147.

It has touched an intraday high of Rs 147 and an intraday low of Rs 132.15.

Market capitalisation stands at Rs 3,893.83 crore.

The share price rose 101 percent in the last 6 months.