
Nifty 50 closed at 24,855.05 (34.0, 0.1%) , BSE Sensex closed at 81,481.86 (143.9, 0.2%) while the broader Nifty 500 closed at 23,033.55 (26.2, 0.1%). Market breadth is holding steady. Of the 2,468 stocks traded today, 1,207 were in the positive territory and 1,225 were negative.
Indian indices closed higher after switching between losses and gains throughout the day. The Indian volatility index, Nifty VIX, fell 2.8% and closed at 11.2 points. Larsen & Toubro closed 4.9% higher after its Q1FY26 revenue grew 16.1% YoY to Rs 65,035.7 crore, beating Forecaster estimates by 3.3%.
Nifty Smallcap 100 closed lower, while Nifty Midcap 100 closed flat. Nifty Media and Nifty Realty were among the top index losers today. According to Trendlyne’s sector dashboard, Telecommunications Equipment emerged as the worst-performing sector of the day, with a fall of 1.5%.
Asian indices closed mixed. European indices are trading mixed. US index futures are trading flat or higher as investors await the Federal Reserve’s interest rate decision, due later tonight. The Fed is widely expected to keep rates unchanged. Key earnings from Microsoft, Meta and Robinhood are also due later today. Brent crude futures are trading lower after rising 3.4% on Tuesday.
Relative strength index (RSI) indicates that stocks like Laurus Labs, Syrma SGS Technology, Bosch, and Torrent Pharma are in the overbought zone.
KPIT Technologies rises sharply as its management credits strong deal wins from top 25 clients to drive revenue growth in H2FY26. However, the company's revenue falls 1.3% QoQ to Rs 1,554 crore and net profit drops 29.8% to Rs 171.9 crore. It features in a screener of stocks where mutual funds increased their shareholding in the past quarter.
Redington's Q1 FY26 net profit surges 11.9% YoY to Rs 275.2 crore. Revenue grows 21.9% YoY to Rs 26,001 crore, driven by growth in the mobility and cloud businesses and strong order execution. The company appears in a screener of stocks where mutual funds have increased their shareholding over the past month.
Analysts maintain a positive outlook on Varun Beverages, citing strong growth potential. Goldman Sachs raises its target price to Rs 610, while CLSA lowers it to Rs 774. Goldman notes that despite weaker volume growth in India, the company maintains profit margins through operational efficiencies. While, CLSA highlights that capex in the company's India segment is expected to reduce to Rs 600 crore from Rs 700 crore.
#VarunBeverages Q2 Review: Target price tug-of-war
Goldman Sachs ????
CLSA ????
Why?
Read ????https://t.co/IDnZmwtaqJ— NDTV Profit (@NDTVProfitIndia) July 30, 2025
Punjab National Bank is falling as its net profit plunges 48.5% YoY to Rs 1,675 crore in Q1FY26 due to higher taxes. However, revenue increases 11.9% YoY to Rs 31,963.9 crore, driven by improvements in the treasury, retail and wholesale banking segments during the quarter. The bank's asset quality improves as its gross and net NPAs declines by 120 bps and 22 bps YoY, respectively.
Procter & Gamble Hygiene & Healthcare rises sharply as its Q1FY26 net profit surges 136.9% YoY to Rs 192.1 crore, helped by lower raw materials, inventory, employee benefits, and advertising & sales expenses. Revenue grows 0.6% YoY to Rs 944.7 crore during the quarter. It features in a screener of stocks with zero promoter pledge.
Tilaknagar Industries' board of directors approves a preferential issue of equity shares and warrants worth Rs 2,296 crore. The proceeds are intended to fund the acquisition of the Imperial Blue business division and meet general corporate expenses.
With Europe's solar market weakening due to declining electricity prices, India is reportedly exploring new export opportunities in the United States and West Asia. Ongoing efforts aim to resolve export-related challenges, and India is actively collaborating with the US-India Business Council (USIBC) to promote the export of solar modules.
#TechWithMC | Indian smartphone market rebounds in June quarter, iPhone 16 most-shipped device#Smatphone#iPhone@DanishKh4n with more details?https://t.co/YfImjbGEUI
— Moneycontrol (@moneycontrolcom) July 30, 2025
IFB Industries' Q1FY26 net profit falls 30.3% YoY to Rs 26.2 crore due to higher raw material costs and increased purchase of finished goods. However, revenue rises 5.5% YoY to Rs 1,338.3 crore, driven by improvements in the home appliances and engineering segments during the quarter. The company appears in a screener of stocks with improving ROE over the past two years.
NTPC is rising as its Q1FY26 net profit grows 9.8% YoY to Rs 6,010.6 crore, helped by lower fuel, electricity, and employee benefits expenses. However, revenue declines 2.4% YoY to Rs 47,821.1 crore due to lower power generation revenues. It appears in a screener of stocks where FIIs are increasing their shareholding.
Asian Paints' Q1FY26 revenue falls marginally by 0.3% YoY to Rs 8,938.6 crore, impacted by the decorative business segment. Net profit decreases 6% YoY to Rs 1,099.8 crore during the quarter. The company appears in a screener of stocks where promoters increased pledged shares QoQ.
Counterpoint Research highlights that India’s smartphone market records its best-ever second quarter in value terms, driven by a surge in ultra-premium device sales and aggressive affordability programs from Apple and Samsung. In the April–June period, the market grew 18% in value and 8% in volume compared to the same quarter last year. The ultra-premium segment (above Rs 45,000) was the fastest-growing price tier, rising 37% YoY.
#TechWithMC | Indian smartphone market rebounds in June quarter, iPhone 16 most-shipped device#Smatphone#iPhone@DanishKh4n with more details?https://t.co/YfImjbGEUI
— Moneycontrol (@moneycontrolcom) July 30, 2025
KEC International is rising as it secures an order worth Rs 1,509 crore across its businesses. Its transmission & distribution (T&D) unit receives orders to supply transmission towers in the Americas and the Middle East. In the cables & conductors segment, it secures a contract to supply cables and conductors in India and the overseas market.
Dilip Buildcon is rising sharply as its Q1FY26 net profit surges 91.6% YoY to Rs 229 crore, driven by sales of hybrid annuity model (HAM) projects worth Rs 169.3 crore. However, revenue declines 10.1% YoY to Rs 2,836.5 crore due to reductions in the engineering, procurement & construction (EPC) projects and road infrastructure maintenance segments. It features in a screener of undervalued growth stocks.
GNG Electronics’ shares debut on the bourses at a 49.8% premium to the issue price of Rs 237. The Rs 460.4 crore IPO received bids for 147.9 times the total shares on offer.
Manoj Tulsian, Joint MD and CEO of Greenply Industries, says Q1FY26 was subdued, but demand has picked up in July. He expects net debt to fall to Rs 400–425 crore and PAT to reach Rs 120–130 crore by FY26, supported by double-digit margins.
Greenply Industries says
1? Q1FY26 was soft but in July demand appears strong
2? Net debt to reduce to Rs.400-425cr in FY26
3? PAT of Rs.120-130cr is achievable in FY26https://t.co/Dv0IbBLovv— Nigel D'Souza (@Nigel__DSouza) July 30, 2025
Indiqube Spaces' shares debut on the bourses at a 8.9% discount to the issue price of Rs 237. The Rs 700 crore IPO received bids for 12.4 times the total shares on offer.
Aadhar Housing Finance promoter BCP Topco VII Pte (Blackstone) to sell 4.41 crore shares (6.3% stake) at Rs 425 per share to AXDI LDII SPV 1 (Advent International), worth Rs 1,870 crore.
Tata Motors falls as it reportedly plans to acquire Italian truck maker Iveco group's truck business from the Agnelli family for Rs 37,350 crore ($4.5 billion).
Motilal Oswal maintains a 'Neutral' rating on Asian Paints with a target price of Rs 2,500. The brokerage sees ongoing challenges for the company, noting that a full recovery is still some time away. It observes early signs of demand improvement in urban areas, while rural demand remains stable. Management expects recovery in September this year and aims for single-digit value and volume growth, with EBITDA margin guidance of 18–20% for FY26.
Asian Paints shares up 2% after Q1; but why are brokerages not impressed?https://t.co/MTQ4aDTScv
— ET NOW (@ETNOWlive) July 30, 2025
GE Vernova T&D India's Q1 FY26 net profit grows 116.5% YoY to Rs 291.2 crore. Revenue rises 38.8% YoY to Rs 1,330 crore, driven by strong order execution and higher export orders. The firm appears in a screener of stocks where foreign institutional investors (FIIs) are raising their shareholding.
Larsen & Toubro rises sharply as its Q1FY26 net profit jumps 29.8% YoY to Rs 3,617.2 crore, owing to inventory destocking and lower sales & administration and finance costs. Revenue grows 16.1% YoY to Rs 65,035.7 crore, helped by improvements in the infrastructure projects, energy projects, hi-tech manufacturing, IT & technology services, and development projects segments. It appears in a screener of stocks near their 52-week highs, with significant volumes.
Allied Blenders & Distillers rises to its new all-time high of Rs 512 as its net profit surges 4X YoY to Rs 56.6 crore in Q1FY26 due to lower excise duty on sales. Revenue increases 21.8% YoY to Rs 922.9 crore, driven by strong volume growth in the Prestige & Above (P&A) segment during the quarter. The company appears in a screener of stocks outperforming their industry price change in the quarter.
Bank of India rises as its Q1FY26 net profit grows 32.3% YoY to Rs 2,252.1 crore, helped by lower provisions. Revenue jumps 12.5% YoY to Rs 20,518.3 crore, helped by improvements in the treasury operations, retail and corporate banking segments. The bank's asset quality improves as its gross and net NPAs decline by 170 bps and 24 bps YoY, respectively.
Nifty 50 was trading at 24,862.05 (41.0, 0.2%), BSE Sensex was trading at 81,594.52 (256.6, 0.3%) while the broader Nifty 500 was trading at 23,064 (56.7, 0.3%).
Market breadth is ticking up strongly. Of the 1,956 stocks traded today, 1,509 were gainers and 395 were losers.
Riding High:
Largecap and midcap gainers today include Avenue Supermarts Ltd. (4,281.40, 7.1%), Coromandel International Ltd. (2,652.70, 6.3%) and Procter & Gamble Hygiene & Healthcare Ltd. (13,870, 6.0%).
Downers:
Largecap and midcap losers today include Samvardhana Motherson International Ltd. (98.92, -3.6%), Tata Motors Ltd. (668.45, -3.5%) and Swiggy Ltd. (401.10, -3.1%).
Volume Shockers
30 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included The New India Assurance Company Ltd. (204.35, 17.8%), Sumitomo Chemical India Ltd. (652.25, 7.9%) and Jubilant Pharmova Ltd. (1,236.30, 7.2%).
Top high volume losers on BSE were Birla Corporation Ltd. (1,384.70, -8.5%), Redington Ltd. (265.45, -7.8%) and Blue Dart Express Ltd. (6,166, -4.7%).
Craftsman Automation Ltd. (6,863.50, 6.4%) was trading at 11.9 times of weekly average. General Insurance Corporation of India (381.95, 2.8%) and Star Health and Allied Insurance Company Ltd. (447.80, 4.9%) were trading with volumes 11.9 and 9.7 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
16 stocks made 52 week highs,
Stocks touching their year highs included - Bosch Ltd. (40,060, 0.4%), Coromandel International Ltd. (2,652.70, 6.3%) and EID Parry (India) Ltd. (1,228, 1.6%).
22 stocks climbed above their 200 day SMA including The New India Assurance Company Ltd. (204.35, 17.8%) and Procter & Gamble Hygiene & Healthcare Ltd. (13,870, 6.0%). 12 stocks slipped below their 200 SMA including Samvardhana Motherson International Ltd. (98.92, -3.6%) and Motherson Sumi Wiring India Ltd. (37.77, -3.1%).