Indian stock markets saw strong volatility on July 14, ending the day in the deep red. Sensex closed over 247 points lower (0.30%) at 82,253, while Nifty 50 ended the session nearly 68 points lower (0.27%) at 25,082. Broader markets outperformed benchmarks, with Nifty Smallcap and Nifty Midcap indices rising over 1% and 0.70% respectively. IT was the worst performing sector, while realty and media led gains.
2/10
Ola Electric shares closed 19.75 percent higher at Rs 47.66 apiece. Notably, the stock rallied over 20 percent after hitting a 52-week-low of Rs 39.60 apiece earlier in the day. This comes after the firm reported a sequential improvement in net loss to Rs 428 crore. The company’s auto segment turned positive on an EBITDA level in June and cash generation in this segment is ‘within reach’.
3/10
Shares of VIP Industries Ltd sank over four percent in early trade, but reversed course to close with five percent gains, as the promoters, Dilip Piramal and family, have entered into a definitive agreement with a group of sellers to offload 32 percent in the firm. Multiples Private Equity Fund IV, Multiples Private Equity Gift Fund IV, Samvibhag Securities Pvt. Ltd., along with Mithun and Siddhartha Sancheti, have collectively agreed to acquire a 32 percent stake in VIP Industries. The transaction was officially announced on Sunday evening.
4/10
BEML share price snapped 2-day losing streak to close 4% higher as the company board is going to consider sub-division / split of equity shares. ".... board meeting will be held on Monday, July 21, 2025, to consider sub-division / split of equity shares of the company," BEML said in its press release.
Silver prices rallied to fresh lifetime highs, overpowering the shine in gold. This pushed the shares of Hindustan Zinc, the largest producer of the metal in India, up nearly 3 percent. Silver's future contracts with September expiry on Multi Commodity Exchange (MCX) hit an all-time high of Rs 1,14,875 per kg today. The metal's future contracts with December expiry meanwhile hit a fresh lifetime high of Rs 1,16,566 per kg. Silver was trading at around Rs 1.15 lakh per kg in the domestic markets, according to data on Good Returns.
6/10
Landmark Cars shares rose 8% after domestic brokerage B&K Securities initiated coverage on the stock with a bullish outlook, citing strong growth potential and improving profitability over the next two years. The brokerage has assigned a 'Buy' rating with a price target of Rs 820, signalling a potential upside of more than 60 percent from Friday’s close of Rs 507 per share on the NSE.
7/10
Recently listed Laxmi Dental shares gained 4% after domestic brokerage Motilal Oswal initiated coverage with a 'bullish' buy rating. Laxmi Dental is distinguished as India’s only fully integrated provider of dental solutions, led by a highly experienced management team with extensive expertise in the field, noted the brokerage. The brokerage assigned a price target of Rs 540 per share, indicating an upside of 26 percent from current levels.
8/10
Garden Reach Shipbuilders & Engineers (GRSE) shares were the top loser on Nifty India Defence index, dropping nearly 4 percent. Fresh shareholding data released by the company points to a shift in investor sentiment during the April-June quarter. Retail participation saw a noticeable dip, with the number of small shareholders — those holding shares with up to Rs 2 lakh in value — declining to 3.97 lakh from 4.04 lakh in the March quarter. Domestic mutual funds also trimmed their exposure slightly. Their collective holding dropped to 1.4 percent in June, down from 1.64 percent in March.
AU Small Finance Bank shares tumbled 2% after domestic brokerage Kotak Institutional Equities downgraded its rating on the stock, while increasing the target price. Kotak Institutional Equities cut its outlook on the stock to 'sell', from 'add' earlier, but hiked the target price to Rs 700 per share, from Rs 650 earlier. This indicates a 15 percent downside from the previous session's closing price.
10/10
DMart-parent Avenue Supermarts shares fell over 1 percent after the consumer player posted a nearly flat net profit for the June quarter of FY26, as rising competition and margin pressures offset strong revenue growth. DMart's net profit stood at Rs 773 crore, down 0.1 percent from Rs 774 crore in the year-ago period. The muted bottom-line performance came despite a 16.3 percent year-on-year increase in revenue, which rose to Rs 16,359.7 crore from Rs 14,069 crore in Q1FY25.
