Opening bell: Sensex, Nifty likely to open flat; HCL Tech, Ola, DMart, VIP Industries, BEML, NCC in spotlight

The Indian equity benchmarks, the BSE Sensex and the NSE Nifty50, are set to begin the week on a subdued note, tracking mixed cues from Asian markets amidst the increasing trade uncertainties. Investor sentiment remains on edge as U.S. President Donald Trump announced that America would impose a 30% tariff on most imports from the European Union and Mexico starting August 1, despite ongoing trade negotiations. At 8:00 AM, the GIFT Nifty futures were trading 11 points lower at 25,180, indicating a muted start for the Indian share markets.

In the global markets, the Asian equities witnessed a mixed trend on Monday as losses on Wall Street futures and renewed tariff threats from the U.S. dampened investor sentiment. Market jitters intensified after Trump, over the weekend, warned that both the European Union and Mexico would face 30% tariffs if improved trade terms are not reached before August 1.

Japan’s Nikkei 225 slipped 0.3%, Taiwan’s Weighted Index dropped 0.6%, and Australia’s ASX 200 hovered slightly lower. In contrast, China’s Shanghai Composite gained over 0.5%, South Korea’s Kospi rose 0.3%, while Hong Kong’s Hang Seng and Singapore’s Straits Times edged marginally higher.

Stocks to watch

Q1 Results:  HCL Technologies , Ola Electric Mobility , Tata Technologies , Tejas Networks, Nelco, Rallis India, Den Networks, Kesoram Industries, and Sambhv Steel Tubes are set to release their June quarter results today.

Avenue Supermarts : The company, which operates the DMart retail stores, reported a 16.2% year-on-year (YoY) rise in revenue to ₹15,932 crore for the quarter ending June 2025 (Q1FY26), while profit was flat at ₹773 crore.

VIP Industries: Promoters will sell a 32% stake to new investors, triggering an open offer for an additional 26% stake.

Aditya Birla Money: The company posted a 6% YoY decline in net profit at ₹15.4 crore for Q1FY26, compared to ₹16.4 crore in the corresponding quarter last year.

Akzo Nobel India : JSW Paints has launched an open offer to acquire 25.24% stake at ₹3,417.77 per share, valuing the deal at ₹3,929 crore.

BEML : The board of the defence company will consider a stock split in its upcoming July 21 meeting.

NCC : The company has been awarded a ₹2,269 crore contract by MMRDA for Mumbai Metro Line 6 (Package 1-CA-232).

RITES : The PSU has secured a ₹46.82 crore order for constructing and renovating government colleges in Karnataka under the PM USHA scheme.

Wockhardt : The pharma company has decided to exit the U.S. generics business as part of a strategic shift to focus on its innovation-led advanced pharma portfolio.

Gland Pharma: The drug maker’s Pashamylaram facility received GMP certification from Denmark’s drug regulator for sterile injectables.

HFCL: The board of the company has approved a significant expansion in Intermittent Bonded Ribbon (IBR) cable capacity from 1.73 mfkm/pa to 19.01 mfkm/pa with a ₹125.55 crore investment.

Authum Investment & Infrastructure: The company has proposed to acquire 60.95% stake in Katra Phytochem and 14.96% in Kerala Ayurveda via stake transfers and share allotments.

IRB Infrastructure Developers: The  toll collections rose 5.3% MoM to ₹544.8 crore in June and 8% YoY to ₹1,680 crore for Q1 FY26.

Suraj Estate Developers: The company has unveiled ‘Suraj Aureva’, a luxury residential project in Prabhadevi, Mumbai, with a GDV of ₹120 crore.

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