Highlights
Diamond Power shares rise on bagging order from Adani Energy
Market extends fall
Whirlpool India shares fall 1.24% over weak Q1 revenue figures
SAIL share price falls almost 3% over muted Q1 results
Gold prices drop to its two-week low
Sensex sheds 210 pts, Nifty at 24,780
Tata Motors tracked 2% rise amid ease in US-EU trade concerns
Markets at 11: Sensex at 81,335, Nifty 50 too sees a marginal up
Lodha leads realty indices slump despite posting 42% rise in PAT
IT, Realty, Media and Metal key losers in sectoral indices
Negative triggers drag Nifty to one-month low
Top gainers and losers
Kotak Mahindra Bank shares down 7% post Q1
Market opens lower on weak global cues
5 mainboard IPOs to open this week
Market seeks greater clarity on U.S.-EU trade deal
Key events to watch this week
Adani Green Energy, Adani Total Gas, BEL, IndusInd Bank to release Q1 results today
FIIs withdraws ₹13,552 cr from Indian equities last week
Sensex, Nifty post fourth weekly loss in a row
Sensex, Nifty to start week on a muted note
Stock Market Live: Sensex plummets 550 pts, Nifty slips below 24,700; India VIX up nearly 8%
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Diamond Power shares rise on bagging order from Adani Energy
Shares of Diamond Power rose nearly 1% after the company secured an order worth Rs1,349 crore from Adani Energy for supply of conductors. As per the deal, the company will supply 24,080 kilometers of AL-59 high performance conductors. The supply will be executed across marquee transmission projects such as Jamnagar, Khavda-IV D, HVDC, Navinal-II, and Mahan-II.
Market extends fall
Extending opening losses, Indian benchmark indices fell up to 0.7% in the final hour of trade. The BSE Sensex tumbled 570 points to 80,893, and the NSE Nifty fell 160 points to 24,677 level.
India VIX, or volatility index, surged nearly 8% to 12.15, indicating high volatility in the market.
Whirlpool India shares fall 1.24% over weak Q1 revenue figures
The share price of Whirlpool India was down by over 1% on Monday over weak Q1 revenue numbers.
SAIL share price falls almost 3% over muted Q1 results
The shares of Steel Authority of India (SAIL) came under selling pressure on Monday, with the scrip down almost 3% over its muted Q1 results.
Gold prices drop to its two-week low
Gold prices dropped to its two-week low today over rising risk sentiment stemming from an uncertain economic climate. Spot gold was down 0.1% to $3,332.18 an ounce.
Sensex sheds 210 pts, Nifty at 24,780
Indian benchmark indices remained under stress by mid-session, with the Sensex and Nifty falling up to 0.25% during the trade so far. The BSE Sensex was down 212 points at 81,250, and the Nifty50 slide 52 points to 24,784 level.
Tata Motors tracked 2% rise amid ease in US-EU trade concerns
Tata Motors saw a 2% increase in its share price during today's trading session due to the new US-EU deal. In this deal, a baseline levy of 15% will apply to EU exports, which includes automobiles, thereby replacing the existing 25% tariff.
Markets at 11: Sensex at 81,335, Nifty 50 too sees a marginal up
The markets saw a minimal rise from today's open, with BSE Sensex rising up to 81,335 from 81,300 and Nifty 50 was up to 24,817 from 24,782.
Kotak Bank, Bharat Electronics, Bharati Airtel and Wipro are the key draggers, with the bank trading 6.14% lower than its previous close, at Rs 1,994.10.
Lodha leads realty indices slump despite posting 42% rise in PAT
Lodha Developers saw a sharp drop in it's share price by 6.5% during today's intraday, bringing it down to ₹1196. As of now, it is trading 3.42% lower than its previous closing at ₹1235.70.
Lodha Developers posted a reported a 42% year-on-year (YoY) increase in profit after tax (PAT) for the first quarter of FY26. PAT rose to ₹680 crore from ₹480 crore in Q1FY25, attributing to strong operational performance and margin expansion.
IT, Realty, Media and Metal key losers in sectoral indices
While Nifty IT continues it's three-day losing streak, other sectors like Media, Metal, and Realty are tracking negative performances, dipping by 0.19%, 0.35% and 1.86% respectively.
Negative triggers drag Nifty to one-month low
"Negative news and triggers have dragged the Nifty to a one-month low, and overall market sentiment remains weak. While trade agreements with Japan and the EU—initially considered challenging—have materialised, the much-anticipated India-US trade deal still remains uncertain, further dampening investor confidence," said VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
The sharp correction in the IT index continues to weigh on the broader market, with no relief in sight following TCS's announcement of a 2% reduction in its global workforce. However, mid-cap IT stocks appear promising due to their strong growth potential, he said.
Top gainers and losers
On the BSE Sensex pack, 14 out of 30 stocks were trading in red zone, led by Kotak Bank, TCS, Infosys, Bharti Airtel, Infosys, Bharti Airtel, L&T, Bajaj Finance. On the other hand, Tata Motors, Bajaj Finserv, Ultratech Cement, Maruti Suzuki, and Power Grid were the top gainers.
Kotak Mahindra Bank shares down 7% post Q1
Shares of Kotak Mahindra Bank tumbled nearly 7% as investors reacted negatively to its June quarter earnings report.
The private lender reported a standalone net profit of ₹3,282 crore for the first quarter ended June 30, 2025 (Q1 FY26), down 7% year-on-year (YoY) from ₹3,520 crore in the same period last year. This figure excludes a one-time gain from the sale of its stake in general insurance arm, Kotak Mahindra General Insurance Company, to Zurich Insurance Company. Including the divestment gain, unadjusted net profit stood at ₹6,250 crore.
The dip in profit was largely due to higher provisioning for potential credit losses, though operational metrics remained resilient. Net interest income (NII) rose 6% YoY to ₹7,259 crore, up from ₹6,842 crore in Q1FY25, while net interest margin (NIM) stood at 4.65%.
Market opens lower on weak global cues
Tracking weak cues from Asian peers, Indian benchmark indices BSE Sensex and NSE Nifty opened lower on Monday. The BSE Sensex fell over 200 points in the opening trade, while the Nifty50 fell over 0.2%.
The 30-share Sensex was trading 202 points lower at 81,254, and the Nifty50 was down 60 points at 24,774 level.
5 mainboard IPOs to open this week
A flurry of initial public offerings (IPOs) is set to hit Dalal Street this week, with five mainboard issues worth over ₹7,000 crore lined up for launch.
Leading the pack is National Securities Depository Limited (NSDL), which has already created buzz among investors. Other mainboard IPOs include Aditya Infotech, Sri Lotus Developers & Realty, M&B Engineering, and Laxmi India Finance.
Market seeks greater clarity on U.S.-EU trade deal
According to market experts, equity market are awaiting greater clarity on the recent U.S.-EU trade developments.
President Trump announced on Sunday that a trade agreement had been reached with the European Union. Under the deal, the U.S. will impose a baseline tariff of 15% on European imports. In return, the EU has agreed to purchase $750 billion worth of American energy products and commit an additional $600 billion in investments within the United States.
Key events to watch this week
The start of the new month will bring attention to key economic data, including Industrial Production (IIP) and HSBC Manufacturing PMI on August 1. Additionally, monthly auto sales figures will be closely monitored. The scheduled expiry of the July derivatives contracts may add further volatility to the markets, said Mishra of Religare Broking.
Market participants are also awaiting greater clarity on the recent U.S.-EU trade developments.
Globally, traders will focus on the U.S. Fed's interest rate decision and GDP growth numbers, along with updates on trade negotiations ahead of Trump’s August 1 tariff deadline, which could impact FII flows.
Adani Green Energy, Adani Total Gas, BEL, IndusInd Bank to release Q1 results today
As the earnings season progresses, results from heavyweights such as Adani Green Energy, Adani Total Gas, BEL, IndusInd Bank, and others will be tracked for insights on sectoral resilience and corporate performance.
Among others, Gail (India), Nippon Life India Asset Management, Mazagon Dock Shipbuilders, NTPC Green Energy, RailTel Corporation of India, Torrent Pharmaceuticals, Bajaj Healthcare, CarTrade Tech, JK Paper, KEC International, Motherson Sumi Wiring India, Piramal Pharma, Quess Corp, and Waaree Energies will also release their June quarter earnings today.
FIIs withdraws ₹13,552 cr from Indian equities last week
Foreign institutional investors (FIIs) pulled out ₹13,552 crore from Indian equities last week amid concerns over potential trade tensions and global economic uncertainty.
In comparison, domestic institutional investors (DIIs) offered strong counterbalance, pumping in ₹17,932 crore and helping cushion the fall in equities.
FIIs remained net sellers throughout the week, with the largest single-day outflow of ₹4,209 crore on July 23, followed by ₹3,549 crore on July 22. Meanwhile, DIIs ramped up their purchases steadily, peaking at a net inflow of ₹5,240 crore on July 22.
Sensex, Nifty post fourth weekly loss in a row
The Indian benchmark indices extended their losing streak to a fourth consecutive week, the longest in 2025 so far and the first such stretch since October 2024, as investor sentiment remained subdued ahead of the looming U.S. tariff deadline. The equity benchmarks, Sensex and Nifty, declined by around 0.5% during the week ended July 25, 2025, with the sell-off intensifying in the last two sessions as concerns over potential trade tensions and global economic uncertainty took centre stage.