Closing Bell: Nifty below 24,800 on expiry day; Sensex sheds 296 pts

Indian equity indices ended lower for the second consecutive session on July 31 with Nifty below 24,800. At close, the Sensex was down 296.28 points or 0.36 percent at 81,185.58, and the Nifty was down 86.70 points or 0.35 percent at 24,768.35.

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 a volatile trading session from the lower levels, the Nifty ends 86 points lower while the Sensex was down by 296 points. Among Sectors, FMCG Index outperformed, rallied 1.4 percent whereas Oil and Gas, Capital market and Pharma indices shed over 1 percent.

Technically, after a gap down open, one more time market took the support near 24600/80600 and bounced back sharply. From the day lowest point market rallied over 300 points. However, it failed to close above 24900/81600 levels. Nevertheless, on intraday charts it has formed higher bottom formation which is largely positive.

For the day traders now, 24650/80800 and 24600/80600 would act as a key support zones. As long as market is trading above the same, the pullback formation is likely to continue.

On the higher side market could move up to 25000/81900 and 25050/82200. On the other side, below 24600/80600 the sentiment could change. Below the same, traders may prefer to exit out from the trading long positions.

The index recovered smartly after a gap-down opening, rising above 24,900. However, the Nifty failed to sustain at higher levels. The index continues to trade below the 50 EMA, confirming a bearish trend. The RSI is in a bearish crossover.

Despite several negative setups, a hidden positive divergence has been observed over the past 2–3 days, indicating a potential bullish reversal.

This setup may play out well if the Nifty decisively moves above 25,000. On the lower side, support is placed at 24,600. A range-bound movement is expected until the Nifty breaks out of the 24,600–25,000 range.

Markets witnessed volatile swings on the monthly expiry day and ended marginally lower amid mixed cues. The surprise tariff announcement by the US President on India initially triggered a knee-jerk reaction; however, a gradual recovery in heavyweight stocks across sectors helped the index briefly turn positive. Selling pressure resurfaced in the final hours, once again putting bulls on the back foot. As a result, the Nifty closed at 24,768.35, down 0.35%.

All major sectors, except FMCG, came under pressure, with pharma, metal, and energy emerging as the top losers. The broader indices also resumed their corrective phase, each losing over a percent.

As the new series begins, the market is likely to consolidate, but global developments and corporate earnings will continue to drive volatility. We maintain our cautious stance and recommend a stock-specific approach, given the mixed trends across sectors. Traders should also avoid averaging down on loss-making positions.

Following a turbulent start driven by fresh tariff threats, the Indian market started on a pessimistic note. However, domestic market attempted a strong recovery but by the end of the day it closed with marginal losses, on a monthly expiry day.

Investors gravitated toward domestically oriented, non-discretionary players, especially FMCG, which offered attractive valuations, demand outlook and relative insulation from tariff risks.

In contrast, oil & gas stocks were the worst hit due to US warnings over Indian energy imports. Overall, the market reflected a cautious yet selective approach. Market continues to hold high hopes for a more favorable tariff outcome in the near-term.

#1 Quick commerce revenue at 806 crore vs Rs 374 crore

#2 EBITDA loss at Rs 954 crore vs loss of Rs 554 crore

#3 Food delivery revenue up 18.6% at Rs 1,800 crore vs Rs 1,518 crore

#4 Revenue up 54% at Rs 4,961 crore vs Rs 3,222 crore

Rupee traded weak by 22 paise at 87.64, as a rise in the dollar index near 99.83 and the imposition of a 25% tariff on India by the U.S. added significant pressure.

Sentiment was further dampened by weakness in the capital markets amid ongoing tariff-related concerns. Going ahead, the rupee is expected to remain under pressure with a broader trading range seen between 87.25 and 88.00.

Indian rupee ended lower by 18 paise at 87.60 per dollar on Thursday versus Wednesday's close of 87.42.

Indian equity indices ended lower for the second consecutive session on July 31 with Nifty below 24,800.

At close, the Sensex was down 296.28 points or 0.36 percent at 81,185.58, and the Nifty was down 86.70 points or 0.35 percent at 24,768.35. About 1490 shares advanced, 2365 shares declined, and 135 shares unchanged.

HUL, Jio Financial, Eternal, JSW Steel, ITC were among major gainers on the Nifty, while losers included Adani Enterprises, Dr Reddy's Labs, Adani Ports, Tata Steel, Sun Pharma.

BSE Midcap and smallcap indices shed 0.7 percent each.

Among sectors, FMCG rose 1.4 percent, while IT, metal, oil & gas, PSU Bank, pharma, realty, telecom declined 0.5-1.8 percen

#1 Credit costs down 17 bps & helped deliver RoA of 0.4 percent

#2 Core PPoP margin, however continued to moderate

#3 RoA will remain low in FY27 & beyond

QIB –1.89 times

NII - 9.06 times

Retail – 3.81 times

Emplyees -6.41 times

Overall – 4.39 times

#1 Prefer MGL over IGL given limited near-term drivers

#2 Expect 10 percent volume CAGR over F25-F28

#3 Margin recovery remains contingent on further price hikes

#4 Will require additional 3-4 percent price hike to maintain mid-cycle profitability

#1 Margin compression softens NII growth, lower credit costs drive higher earnings

#2 Underlying earnings quality better, driven by lower credit costs

#3 Core NIM a tad softer due to faster repricing of repo cuts

#4 Cut FY26 earnings due to one-time impact but raise by 6-9 percent for FY27/28

Dabur India was quoting at Rs 529.65, up Rs 7.70, or 1.48 percent.

It has touched an intraday high of Rs 531.50 and an intraday low of Rs 516.75.

It was trading with volumes of 82,993 shares, compared to its five day average of 58,654 shares, an increase of 41.50 percent.

In the previous trading session, the share closed up 0.79 percent or Rs 4.10 at Rs 521.95.

The share touched a 52-week high of Rs 672.00 and a 52-week low of Rs 420.05 on 17 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 21.18 percent below its 52-week high and 26.09 percent above its 52-week low.

Market capitalisation stands at Rs 93,943.50 crore.

#1 Strong print with EBITDA/PAT 15 percent/19 percent ahead of estimate

#2 Earnings driven by strong R32 performance

#3 Focus is on monetising Rs 2,000 crore of capex commissioned in past 3 years

#4 See 36 percent EPS CAGR over FY25-27

The Sensex was up 4.93 points or 0.01 percent at 81,486.79, and the Nifty was up 4.90 points or 0.02 percent at 24,859.95. About 1435 shares advanced, 2066 shares declined, and 112 shares unchanged.

Maruti Suzuki India was quoting at Rs 12,508.40, down Rs 113.95, or 0.90 percent.

It has touched an intraday high of Rs 12,625.30 and an intraday low of Rs 12,461.00.

In the previous trading session, the share closed up 1.19 percent or Rs 148.05 at Rs 12,622.35.

The share touched a 52-week high of Rs 13,675.00 and a 52-week low of Rs 10,725.00 on 01 August, 2024 and 24 December, 2024, respectively.

Currently, the stock is trading 8.53 percent below its 52-week high and 16.63 percent above its 52-week low.

Market capitalisation stands at Rs 393,267.32 crore.

Indian rupee is trading lower by 20 paise at 87.62 per dollar versus Wednesday's close of 87.42.

QIB –5.51 times

NII - 12.48 times

Retail – 7.44 times

Employee - 6.25 times

Overall – 7.96 times

Cholamandalam Investment and Finance Company was quoting at Rs 1,445.30, down Rs 31.30, or 2.12 percent.

It has touched an intraday high of Rs 1,480.15 and an intraday low of Rs 1,438.85.

It was trading with volumes of 38,969 shares, compared to its five day average of 40,778 shares, a decrease of -4.44 percent.

In the previous trading session, the share closed down 0.57 percent or Rs 8.45 at Rs 1,476.60.

The share touched a 52-week high of Rs 1,683.65 and a 52-week low of Rs 1,167.60 on 28 May, 2025 and 24 December, 2024, respectively.

Currently, the stock is trading 14.16 percent below its 52-week high and 23.78 percent above its 52-week low.

Market capitalisation stands at Rs 121,579.84 crore.

QIB –64.84 times

NII - 63.06 times

Retail – 43.93 times

Employee -6.82 times

Overall – 60.06 times

QIB –1.11 times

NII - 1.46 times

Retail – 1.97 times

Employee - 1.43 times

Overall – 1.61 times

Adani Enterprises was quoting at Rs 2,468.30, down Rs 63.80, or 2.52 percent.

It has touched an intraday high of Rs 2,519.15 and an intraday low of Rs 2,457.00.

It was trading with volumes of 54,423 shares, compared to its five day average of 18,542 shares, an increase of 193.52 percent.

In the previous trading session, the share closed down 0.63 percent or Rs 16.10 at Rs 2,532.10.

The share touched a 52-week high of Rs 3,258.40 and a 52-week low of Rs 2,026.90 on 01 August, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 24.25 percent below its 52-week high and 21.78 percent above its 52-week low.

Market capitalisation stands at Rs 284,886.43 crore.

Vedanta was quoting at Rs 429.65, down Rs 5.05, or 1.16 percent.

It has touched an intraday high of Rs 434.40 and an intraday low of Rs 427.55.

It was trading with volumes of 373,534 shares, compared to its five day average of 216,030 shares, an increase of 72.91 percent.

In the previous trading session, the share closed down 1.09 percent or Rs 4.80 at Rs 434.70.

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

Currently, the stock is trading 18.47 percent below its 52-week high and 18.62 percent above its 52-week low.

Market capitalisation stands at Rs 168,009.82 crore.

Nucleus Software Exports was quoting at Rs 1,075.10, up Rs 61.75, or 6.09 percent.

It has touched an intraday high of Rs 1,168.90 and an intraday low of Rs 913.40.

It was trading with volumes of 25,071 shares, compared to its five day average of 2,317 shares, an increase of 982.23 percent.

In the previous trading session, the share closed down 1.06 percent or Rs 10.90 at Rs 1,013.35.

The share touched a 52-week high of Rs 1,627.05 and a 52-week low of Rs 723.85 on 01 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 33.92 percent below its 52-week high and 48.53 percent above its 52-week low.

Market capitalisation stands at Rs 2,830.23 crore.

Radico Khaitan was quoting at Rs 2,730.00, up Rs 16.30, or 0.60 percent.

It has touched an intraday high of Rs 2,770.00 and an intraday low of Rs 2,681.00.

It was trading with volumes of 27,598 shares, compared to its five day average of 4,401 shares, an increase of 527.06 percent.

In the previous trading session, the share closed up 0.88 percent or Rs 23.65 at Rs 2,713.70.

The share touched a 52-week high of Rs 2,790.00 and a 52-week low of Rs 1,628.15 on 04 June, 2025 and 05 August, 2024, respectively.

Currently, the stock is trading 2.15 percent below its 52-week high and 67.67 percent above its 52-week low.

Market capitalisation stands at Rs 36,545.83 crore.

• Six EV launches planned on a single platform
• EV margins expected to match those of ICE vehicles
• M&M is a market leader or close to it on the margin front
• Capacity expansion has been significant
• The tractor industry has seen healthy growth, and M&M’s market share is now above 45 percent
• The focus in the tractor segment has shifted from gaining market share to execution
• Most of the company’s growth has been organic
• Growth is broad-based and driven by all business verticals
• No current plans to demerge the agri and auto businesses

The Sensex was up 159.58 points or 0.20 percent at 81,641.44, and the Nifty was up 52.25 points or 0.21 percent at 24,907.30. About 1498 shares advanced, 1947 shares declined, and 120 shares unchanged.

Aptus Value Housing Finance India was quoting at Rs 332.20, down Rs 2.15, or 0.64 percent.

It has touched an intraday high of Rs 345.20 and an intraday low of Rs 328.00.

It was trading with volumes of 42,931 shares, compared to its five day average of 45,412 shares, a decrease of -5.46 percent.

In the previous trading session, the share closed up 1.01 percent or Rs 3.35 at Rs 334.35.

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 17.3 percent below its 52-week high and 24.07 percent above its 52-week low.

Market capitalisation stands at Rs 16,608.03 crore.

Maruti Suzuki India, Coal India, Eicher Motors, Sun Pharmaceutical Industries, Adani Enterprises, Swiggy, PB Fintech, One Mobikwik Systems, Vedanta, Aarti Industries, Chalet Hotels, Chambal Fertilisers & Chemicals, Cholamandalam Investment and Finance Company, Dabur India, ICRA, Indegene, JSW Energy, Mankind Pharma, R R Kabel, Skipper, TeamLease Services, and Thermax will release their quarterly earnings on July 31.

QIB –1.74 times

NII - 7.80 times

Retail – 3.45 times

Emplyees - 5.95 times

Overall – 3.90 times

Ambuja Cements was quoting at Rs 620.25, up Rs 1.95, or 0.32 percent.

It has touched an intraday high of Rs 624.50 and an intraday low of Rs 612.95.

In the previous trading session, the share closed up 1.35 percent or Rs 8.25 at Rs 618.30.

The share touched a 52-week high of Rs 680.95 and a 52-week low of Rs 452.90 on 01 August, 2024 and 21 November, 2024, respectively.

Currently, the stock is trading 8.91 percent below its 52-week high and 36.95 percent above its 52-week low.

Market capitalisation stands at Rs 152,775.23 crore.

The recent imposition of 25% tariffs by the US on Indian exports may appear to be a short-term challenge, but it is unlikely to derail India’s long-term growth trajectory. While the US remains India’s largest export destination, the exports to the country stood at $86.51 billion, which is less than one-fifth of India’s total exports in FY25.

India has remained steadfast in protecting its MSMEs and rural economy, especially in agriculture and dairy, even as trade negotiations continue. This strategic focus underscores India’s commitment to inclusive growth. At the same time, the opportunity to diversify export markets seems to be another path. ASEAN remains a critical partner, with bilateral trade hitting $123 billion in FY25. On a positive note, the recently signed India-UK free trade agreement is expected to generate over ₹500 billion annually and contribute 0.06% to India’s GDP in the long term, signaling new avenues for growth.

A 25% US tariff may put some pressure on India’s export-driven sectors like engineering goods, textiles, and jewellery. This move underscores the growing trend of protectionism and may compel India to diversify export markets, push for FTA negotiations, and accelerate domestic value addition to maintain global competitiveness.

While Trump’s trade policies unsettle global supply chains, India’s resilience and economic agility are emerging as key differentiators. Notably, regional competitors like Bangladesh and Sri Lanka are still facing steeper tariffs, weakening their edge. Amid global uncertainty, India remains one of the fastest-growing major economies, poised to lead the next phase of emerging market growth.

Indian rupee is trading lower by 22 paise at 87.64 per dollar versus Wednesday's close of 87.42.

TVS Motor Company was quoting at Rs 2,834.00, up Rs 42.30, or 1.52 percent.

It has touched an intraday high of Rs 2,838.35 and an intraday low of Rs 2,757.00.

It was trading with volumes of 9,056 shares, compared to its five day average of 40,545 shares, a decrease of -77.66 percent.

In the previous trading session, the share closed down 0.49 percent or Rs 13.80 at Rs 2,791.70.

The share touched a 52-week high of Rs 2,960.90 and a 52-week low of Rs 2,170.05 on 30 June, 2025 and 14 January, 2025, respectively.

Currently, the stock is trading 4.29 percent below its 52-week high and 30.6 percent above its 52-week low.

Market capitalisation stands at Rs 134,639.69 crore.

Emami was quoting at Rs 592.40, up Rs 27.25, or 4.82 percent.

It has touched an intraday high of Rs 593.45 and an intraday low of Rs 551.60.

It was trading with volumes of 33,700 shares, compared to its five day average of 10,580 shares, an increase of 218.51 percent.

In the previous trading session, the share closed up 0.89 percent or Rs 5.00 at Rs 565.15.

The share touched a 52-week high of Rs 859.20 and a 52-week low of Rs 509.25 on 06 September, 2024 and 04 March, 2025, respectively.

Currently, the stock is trading 31.05 percent below its 52-week high and 16.33 percent above its 52-week low.

Market capitalisation stands at Rs 25,858.26 crore.

Dr Lal PathLabs was quoting at Rs 3,072.50, down Rs 25.95, or 0.84 percent.

It has touched an intraday high of Rs 3,100.30 and an intraday low of Rs 3,034.80.

In the previous trading session, the share closed up 2.44 percent or Rs 73.90 at Rs 3,098.45.

The share touched a 52-week high of Rs 3,645.00 and a 52-week low of Rs 2,295.10 on 10 October, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 15.71 percent below its 52-week high and 33.87 percent above its 52-week low.

Market capitalisation stands at Rs 25,740.03 crore.

Jubilant Ingrevia was quoting at Rs 815.40, up Rs 4.60, or 0.57 percent.

It has touched an intraday high of Rs 831.00 and an intraday low of Rs 791.45.

It was trading with volumes of 17,576 shares, compared to its five day average of 41,804 shares, a decrease of -57.96 percent.

In the previous trading session, the share closed up 0.94 percent or Rs 7.55 at Rs 810.80.

The share touched a 52-week high of Rs 884.95 and a 52-week low of Rs 556.55 on 12 December, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 7.86 percent below its 52-week high and 46.51 percent above its 52-week low.

Market capitalisation stands at Rs 12,987.78 crore.

#1 Operating results slightly ahead of estimate

#2 Standalone realisations 2 percent higher than estimate & EBITDA 3 percent above estimate

#3 Supported by lower RM cost & reduced coke purchases

#4 Netherland EBITDA largely in-line at Rs 610 crore, UK realisations marginally ahead of estimate

Dabur India was quoting at Rs 528.30, up Rs 6.35, or 1.22 percent.

It has touched an intraday high of Rs 530.20 and an intraday low of Rs 516.75.

It was trading with volumes of 60,414 shares, compared to its five day average of 58,654 shares, an increase of 3.00 percent.

In the previous trading session, the share closed up 0.79 percent or Rs 4.10 at Rs 521.95.

The share touched a 52-week high of Rs 672.00 and a 52-week low of Rs 420.05 on 17 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 21.38 percent below its 52-week high and 25.77 percent above its 52-week low.

Market capitalisation stands at Rs 93,704.05 crore.

Tata Motors was quoting at Rs 669.20, up Rs 0.80, or 0.12 percent.

It has touched an intraday high of Rs 673.40 and an intraday low of Rs 652.05.

It was trading with volumes of 564,450 shares, compared to its five day average of 1,003,887 shares, a decrease of -43.77 percent.

In the previous trading session, the share closed down 3.47 percent or Rs 24.00 at Rs 668.40.

The share touched a 52-week high of Rs 1,176.30 and a 52-week low of Rs 542.55 on 01 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 43.11 percent below its 52-week high and 23.34 percent above its 52-week low.

Market capitalisation stands at Rs 246,380.06 crore.

QIB –5.40 times

NII - 9.16 times

Retail – 5.95 times

Employee - 5.40 times

Overall – 6.48 times

QIB –11.22 times

NII - 42.82 times

Retail – 35.88 times

Employee - 5.76 times

Overall – 24.15 times

The Sensex was up 135.32 points or 0.17 percent at 81,617.18, and the Nifty was up 40.60 points or 0.16 percent at 24,895.65. About 1428 shares advanced, 1981 shares declined, and 123 shares unchanged.

#1 Profit spikes nearly 13-fold to Rs 131.6 crore Vs Rs 10.42 crore, YoY

#2 Revenue increases 11.4 percent to Rs 1,478.9 crore Vs Rs 1,327.2 crore, YoY

Hitachi Energy India was quoting at Rs 19,983.55, down Rs 841.20, or 4.04 percent.

It has touched an intraday high of Rs 20,869.80 and an intraday low of Rs 19,450.80.

It was trading with volumes of 9,608 shares, compared to its five day average of 2,288 shares, an increase of 320.00 percent.

In the previous trading session, the share closed up 5.17 percent or Rs 1,024.15 at Rs 20,824.75.

The share touched a 52-week high of Rs 21,350.00 and a 52-week low of Rs 8,738.05 on 30 July, 2025 and 28 January, 2025, respectively.

Currently, the stock is trading 6.4 percent below its 52-week high and 128.7 percent above its 52-week low.

Market capitalisation stands at Rs 89,071.40 crore.

#1 Profit drops 10.9 percent to Rs 427.8 crore Vs Rs 480.2 crore, YoY

#2 Revenue grows 11.3 percent to Rs 3,914 crore Vs Rs 3,516.7 crore, YoY

Indraprastha Gas was quoting at Rs 204.35, up Rs 1.05, or 0.52 percent.

It has touched an intraday high of Rs 208.60 and an intraday low of Rs 200.00.

It was trading with volumes of 342,886 shares, compared to its five day average of 130,355 shares, an increase of 163.04 percent.

In the previous trading session, the share closed down 1.33 percent or Rs 2.75 at Rs 203.30.

The share touched a 52-week high of Rs 285.30 and a 52-week low of Rs 153.25 on 02 September, 2024 and 21 November, 2024, respectively.

Currently, the stock is trading 28.37 percent below its 52-week high and 33.34 percent above its 52-week low.

Market capitalisation stands at Rs 28,609.03 crore.

QIB –0.45 times

NII - 1.05 times

Retail – 1.76 times

Employee - 1.32 times

Overall – 1.24 times

QIB –0.01 times

NII - 1.81 times

Retail – 5.61 times

Employee - 2.75 times

Overall – 1.52 times

QIB –1.52 times

NII - 6.30 times

Retail – 3.13 times

Emplyees - 5.50 times

Overall – 3.35 times

Saregama India was quoting at Rs 484.10, up Rs 0.50, or 0.10 percent.

It has touched an intraday high of Rs 491.40 and an intraday low of Rs 471.00.

In the previous trading session, the share closed up 0.75 percent or Rs 3.60 at Rs 483.60.

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 29.69 percent below its 52-week high and 15.91 percent above its 52-week low.

Market capitalisation stands at Rs 9,333.91 crore.

Maruti Suzuki India, Coal India, Eicher Motors, Sun Pharmaceutical Industries, Adani Enterprises, Ambuja Cements, Swiggy, PB Fintech, One Mobikwik Systems, TVS Motor Company, Vedanta, Aarti Industries, Chalet Hotels, Chambal Fertilisers & Chemicals, Cholamandalam Investment and Finance Company, Dabur India, Emami, ICRA, Indegene, JSW Energy, Dr Lal PathLabs, Mankind Pharma, R R Kabel, Skipper, TeamLease Services, and Thermax will release their quarterly earnings on July 31.

DCB Bank was quoting at Rs 143.00, up Rs 1.05, or 0.74 percent.

It has touched an intraday high of Rs 143.70 and an intraday low of Rs 138.65.

It was trading with volumes of 60,971 shares, compared to its five day average of 109,887 shares, a decrease of -44.51 percent.

In the previous trading session, the share closed up 5.62 percent or Rs 7.55 at Rs 141.95.

The share touched a 52-week high of Rs 150.70 and a 52-week low of Rs 101.35 on 10 June, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 5.11 percent below its 52-week high and 41.1 percent above its 52-week low.

Market capitalisation stands at Rs 4,497.91 crore.

#1 Profit rises 14.4 percent to Rs 202.4 crore Vs Rs 176.8 crore, YoY

#2 Revenue increases 8.9 percent to Rs 1,093.9 crore Vs Rs 1,004.4 crore, YoY

JB Chemicals and Pharmaceuticals was quoting at Rs 1,766.50, down Rs 16.40, or 0.92 percent.

It has touched an intraday high of Rs 1,773.30 and an intraday low of Rs 1,745.65.

In the previous trading session, the share closed down 1.08 percent or Rs 19.55 at Rs 1,782.90.

The share touched a 52-week high of Rs 2,029.00 and a 52-week low of Rs 1,303.00 on 16 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 12.94 percent below its 52-week high and 35.57 percent above its 52-week low.

Market capitalisation stands at Rs 27,613.57 crore.

Kalyani Steels was quoting at Rs 890.80, down Rs 30.65, or 3.33 percent.

It has touched an intraday high of Rs 934.35 and an intraday low of Rs 880.00.

In the previous trading session, the share closed up 2.32 percent or Rs 20.90 at Rs 921.45.

The share touched a 52-week high of Rs 1,278.90 and a 52-week low of Rs 667.15 on 17 December, 2024 and 09 April, 2025, respectively.

Currently, the stock is trading 30.35 percent below its 52-week high and 33.52 percent above its 52-week low.

Market capitalisation stands at Rs 3,888.61 crore.

VRL Logistics was quoting at Rs 626.70, up Rs 15.25, or 2.49 percent.

It has touched an intraday high of Rs 635.00 and an intraday low of Rs 595.00.

It was trading with volumes of 10,377 shares, compared to its five day average of 6,859 shares, an increase of 51.29 percent.

In the previous trading session, the share closed down 1.59 percent or Rs 9.85 at Rs 611.45.

The share touched a 52-week high of Rs 650.95 and a 52-week low of Rs 432.45 on 18 July, 2025 and 28 January, 2025, respectively.

Currently, the stock is trading 3.73 percent below its 52-week high and 44.92 percent above its 52-week low.

Market capitalisation stands at Rs 5,481.65 crore.

Jio Financial Services board on Wednesday approved fund infusion of Rs 15,825 crore through preferential issue of convertible warrants to members of the promoter group.

Jio Financial promoters, including the Ambani family and different group holding entities, together own 47.12 per cent of the company.

Post preferential issuance, promoter group holding would go up to 54.19 per cent.

The board in its meeting on Wednesday approved raising of funds through issuance of up to 50 crore warrants for cash at a price of Rs 316.50 per unit.

#1 Profit rises 10.2 percent to Rs 48.9 crore Vs Rs 44.4 crore, YoY

#2 Revenue drops 12.5 percent to Rs 654.5 crore Vs Rs 748.2 crore, YoY

Relaxo Footwears was quoting at Rs 462.00, down Rs 20.95, or 4.34 percent.

It has touched an intraday high of Rs 474.95 and an intraday low of Rs 456.95.

It was trading with volumes of 40,130 shares, compared to its five day average of 19,823 shares, an increase of 102.44 percent.

In the previous trading session, the share closed up 0.11 percent or Rs 0.55 at Rs 482.95.

The share touched a 52-week high of Rs 857.55 and a 52-week low of Rs 375.35 on 01 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 46.13 percent below its 52-week high and 23.09 percent above its 52-week low.

Market capitalisation stands at Rs 11,500.96 crore.

#1 Profit increases 3.5 percent to Rs 109.3 crore Vs Rs 105.6 crore, YoY

#2 Revenue soars 17.3 percent to Rs 2,965.2 crore Vs Rs 2,527.4 crore, YoY

Sonata Software was quoting at Rs 390.00, down Rs 23.80, or 5.75 percent.

It has touched an intraday high of Rs 410.10 and an intraday low of Rs 386.50.

It was trading with volumes of 53,151 shares, compared to its five day average of 42,765 shares, an increase of 24.29 percent.

In the previous trading session, the share closed up 1.36 percent or Rs 5.55 at Rs 413.80.

The share touched a 52-week high of Rs 730.00 and a 52-week low of Rs 286.40 on 01 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 46.58 percent below its 52-week high and 36.17 percent above its 52-week low.

Market capitalisation stands at Rs 10,936.57 crore.

#1 Guided for an exciting product launch cycle in CY26 & CY27

#2 Company expects benefit of launches to flow in from early CY2026

#3 Confident of achieving its mid-to-high teen UV growth guidance in FY26

#4 Margin supported by a stronger mix, expected to recede in following quarters

#5 Well covered till the end of FY26 w.r.t rare-earth magnet

The company informed that consequent upon successful commissioning, the third part capacity of 6 MW out of 150 MW Daya par Wind Energy Project (Phase-I at Dayapar, Bhuj, Gujarat, under 450 MW Hybrid Project) of NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Green Energy Limited is declared on Commercial Operation w.e.f. 00:00 Hrs. of 31.07.2025.

The first part capacity of 50 MW and second part capacity of 90 MW has already been declared on commercial operation w.e.f. 04.11.2023 and 09.04.2025 respectively.

Sonata Software was quoting at Rs 391.10, down Rs 22.70, or 5.49 percent.

It has touched an intraday high of Rs 410.10 and an intraday low of Rs 386.50.

It was trading with volumes of 52,179 shares, compared to its five day average of 42,765 shares, an increase of 22.01 percent.

In the previous trading session, the share closed up 1.36 percent or Rs 5.55 at Rs 413.80.

The share touched a 52-week high of Rs 730.00 and a 52-week low of Rs 286.40 on 01 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 46.42 percent below its 52-week high and 36.56 percent above its 52-week low.

Market capitalisation stands at Rs 10,967.41 crore.

Indian rupee has erased some of the early losses but still trading lower at 87.55 per dollar versus Wednesday's close of 87.42.

Maruti Suzuki India, Coal India, Eicher Motors, Sun Pharmaceutical Industries, Adani Enterprises Ambuja Cements, Swiggy, PB Fintech, One Mobikwik Systems, TVS Motor Company, Vedanta, Aarti Industries, Chalet Hotels, Chambal Fertilisers & Chemicals, Cholamandalam Investment and Finance Company, Dabur India, Emami, ICRA, Indegene. JSW Energy, Dr Lal PathLabs, Mankind Pharma, R R Kabel, Skipper, TeamLease Services, and Thermax will release their quarterly earnings on July 31.

QIB –5.38 times

NII - 6.30 times

Retail – 4.72 times

Employee - 4.23 times

Overall – 5.25 times

QIB –0.31 times

NII - 26.24 times

Retail – 29.09 times

Employee - 4.70 times

Overall – 12.54 times

The Trump administration’s move to impose a 25% tariff plus penalties starting August 1, 2025, in response to India’s defense and energy ties with Russia, signals a sharp escalation in trade tensions. India exported about $87 billion worth of goods to the U.S. in 2024, nearly 20 percent of its total merchandise exports.

Bilateral trade reached $118.4 billion that year, with exports rising nearly 90% over the past decade to $79.4 billion, driven largely by machinery and electronics, which now make up about 25% of the basket. Labor-intensive sectors like gems and jewellery, textiles, chemicals, and engineering goods are likely to face the brunt of the impact.

That said, this may not be the final outcome. Trade talks expected in August, and this often involve complexities, and some back-and-forth is natural. What’s important is that the dialogue remains open, and both countries continue to seek mutually beneficial outcomes

QIB –0.46 times

NII - 0.81 times

Retail – 1.57 times

Employee - 1.22 times

Overall – 1.09 times