The Nifty saw a sharp recovery in the second half of trade, closing above the 24,800 mark, led by gains in L&T, RIL, and HDFC Bank. Broader markets outperformed the benchmark, while India VIX eased by 4 percent, reflecting improved sentiment. All sectoral indices ended in the green, with Nifty Metal and Nifty Pharma emerging as top performers. On the earnings front, Tata Steel and Hyundai Motor are set to report their Q1 numbers today. Globally, investors will be watching results from tech giants Meta and Microsoft. Meanwhile, the primary market remains active with IPOs from Sri Lotus, NSDL, and M&B Engineering opening for subscription. This morning, global cues were muted. US markets fell overnight while Asia Pacific markets were muted this morning. Catch Lovisha Darad in conversation with Ajit Mishra--SVP, Technical Research, Religare Broking and Anshul Saigal—market expert.
first published: Jul 30, 2025 08:59 am
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