
Nifty 50 closed at 24,574.20 (-75.4, -0.3%), BSE Sensex closed at 80,543.99 (-166.3, -0.2%) while the broader Nifty 500 closed at 22,666.85 (-131.7, -0.6%). Market breadth is sharply down. Of the 2,491 stocks traded today, 650 were on the uptrend, and 1,792 went down.
Indian indices closed lower after extending losses in the afternoon session. The Indian volatility index, Nifty VIX, rose 2.1% and closed at 12 points. Bajaj Auto's net profit rose 5.4% YoY to Rs 2,096 crore in Q1FY26. Revenue increased 5.5% YoY to Rs 12,584.5 crore, driven by higher sales from the automotive, investments and financing segments.
Nifty Smallcap 100 and Nifty Midcap 100 closed in the red, tracking the benchmark index. Nifty Pharma and Nifty IT were among the worst-performing indices of the day. According to Trendlyne’s sector dashboard, Fertilizers emerged as the worst-performing sector of the day, with a fall of 2.3%.
European indices are trading higher, except Russia’s RTSI and MOEX indices, which are trading flat. Major Asian indices closed in the green, except China’s FTSE China 50 index, which closed 0.2% lower. US index futures are trading higher, indicating a positive start to the session as investors await Q2 results of McDonald’s and Walt Disney.
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Money flow index (MFI) indicates that stocks like JK Cement, Fortis Healthcare, Tata Investment, and Schneider Electric are in the overbought zone.
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Capacite Infra secures a contract worth Rs 113.7 crore from the Hinduja Group for civil and structural works in Worli, Mumbai.
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Lupin's Q1FY26 net profit surges 52.1% YoY to Rs 1,219 crore, helped by lower material costs and inventory destocking. Revenue increases 11.9% YoY to Rs 6,268.3 crore, driven by higher sales from the pharmaceuticals segment during the quarter. The company appears in a screener of stocks where mutual funds have increased their shareholding in the past month.
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Nazara Tech's board of directors schedules a meeting on August 12 to consider a proposal for a bonus issue and a stock split.
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Bajaj Auto's net profit rises 5.4% YoY to Rs 2,096 crore in Q1FY26. Revenue increases 5.5% YoY to Rs 12,584.5 crore, driven by higher sales from the automotive, investments and financing segments during the quarter. The company appears in a screener of stocks with low debt.
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Goldman Sachs lowers India’s GDP growth forecast for 2025 and 2026 to 6.5% and 6.4%, respectively, citing ongoing trade tensions with the US. While it anticipates potential tariff negotiations, the brokerage notes that uncertainty continues to affect investor confidence. It also revises inflation forecasts downward but urges caution due to historical trends.
Goldman Sachs trims India’s growth outlook on tariff worries, warns of rare low inflation riskhttps://t.co/WoDqg31kBQ
— Economic Times (@EconomicTimes) August 6, 2025 -
Divi's Labs' Q1FY26 net profit grows 26.7% YoY to Rs 545 crore. Revenue rises 13.7% YoY to Rs 2,410 crore, driven by stable demand for generics and the custom synthesis segment. The company appears in a screener of stocks where mutual funds have increased their shareholding in the past two months.
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EIH falls as its net profit drops 63.3% YoY to Rs 33.8 crore in Q1FY26 due to an exceptional loss at its Mashobra resort and Tirupati hotel project. Revenue rises 8.8% YoY to Rs 609 crore, driven by higher occupancy rates. The firm appears in a screener of stocks with no debt.
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Prestige Estates Projects is rising as its net profit grows 25.8% YoY to Rs 292.5 crore in Q1FY26, helped by inventory destocking. Revenue increases 23.9% YoY to Rs 2,307.3 crore, driven by a surge in pre-sales, especially in Ghaziabad during the quarter. The company appears in a screener of stocks with PE ratio higher than the Industry average.
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RBI Governor Sanjay Malhotra expresses confidence in India’s foreign exchange reserves, noting they are sufficient to cover over 11 months of imports. He highlights that US tariffs contribute to global uncertainty, impacting investment and spending decisions, which in turn can slow economic growth. However, he adds that the direct impact on India is relatively limited, as exports account for around 12% of the country’s GDP, with just 2% going to the US.
#RBIPolicy | ‘Indian economy holds bright prospects in a changing world order’ RBI Guv describes economic conditions & policy making challenges amidst #tariff uncertainty#RBIPolicy #SanjayMalhotra pic.twitter.com/OaMzDn47qu
— CNBC-TV18 (@CNBCTV18Live) August 6, 2025 -
Concor's Q1FY26 net profit grows 3.2% YoY to Rs 266.5 crore. Revenue rises 2.4% YoY to Rs 2,248.8 crore, driven by higher container volumes and steady demand in the export-import logistics segment. The firm appears in a screener of stocks with zero promoter pledge.
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Anup Engineering's Q1FY26 net profit grows 9.3% YoY to Rs 26.2 crore. Revenue rises 19.5% YoY to Rs 177.5 crore, driven by strong order execution and higher demand from the oil & gas and petrochemicals segments. The firm appears in a screener of stocks with low debt.
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Britannia Industries falls sharply as its net profit misses Forecaster estimates by 10.4% despite rising 3% YoY to Rs 520.7 crore in Q1FY26. Revenue increases 8.7% YoY to Rs 4,622.2 crore during the quarter. It shows up in a screener of stocks with declining net cash flow.
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Nuvama maintains a 'Hold' rating on Exide Industries with a higher target price of Rs 380. The brokerage anticipates the company’s core lead-acid battery business to achieve a 7% revenue CAGR and 9% EBITDA CAGR over FY25–28. It also notes that the company’s lithium-ion project is progressing in line with expectations.
#BrokerageRadar | Nuvama raises TP on Exide to ?380 (Hold) — steady core battery growth and lithium project on track, with HDFC Life stake adding strategic value@Nuvama_Wealth #Nuvama #BatteryStocks #LithiumIon #LeadAcidBattery #EVIndia #HDFCLife pic.twitter.com/26cwGFrlQb
— ET NOW (@ETNOWlive) August 6, 2025 -
M&B Engineering’s shares make a flat debut on the bourses at Rs 385. The Rs 650 crore IPO received bids for 36.2 times the total shares on offer.
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Sri Lotus Developers' shares debut on the bourses at a 18.7% premium to the issue price of Rs 150. The Rs 792 crore IPO received bids for 69.1 times the total shares on offer.
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National Securities Depository's shares debut on the bourses at a 10% premium to the issue price of Rs 800. The Rs 4,011.6 crore IPO received bids for 41 times the total shares on offer.
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The RBI’s Monetary Policy Committee (MPC) lowers its FY26 CPI inflation forecast to 3.1% from 3.7%, while retaining the GDP growth estimate at 6.5%. Governor Sanjay Malhotra attributes the improved inflation outlook to a favourable base, healthy kharif sowing, adequate reservoirs, and strong food grain stocks. However, inflation is expected to rise slightly above 4% in Q4 and beyond as base effects fade and demand pressures build.
RBI keeps GDP growth at 6.5%, trims CPI inflation forecast to 3.1% in latest MPC meet#rbimpc #Inflation #MarketWatchhttps://t.co/nju4JEb8z3
— Zee Business (@ZeeBusiness) August 6, 2025
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Dalmia Bharat Sugar's Q1 net profit falls 37.9% YoY to Rs 38.3 crore. Revenue declines 1.1% YoY to Rs 956.7 crore, due to lower sugarcane crushing volumes and higher operational expenses. The firm appears in a screener of stocks where foreign institutional investors (FIIs) are increasing their shareholding.
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Raymond Realty's Q1FY26 net profit grows 121.8% YoY to Rs 16.5 crore. Revenue rises 201.9% YoY to Rs 391.8 crore, driven by higher project bookings and improved price realisation. It shows up in a screener of stocks with a QoQ increasing profit margin.
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NCC's Q1FY26 net profit falls 8.5% YoY to Rs 192.1 crore. Revenue declines 6.3% YoY to Rs 5,207.9 crore due to delays in project execution and higher employee expenses. The company appears in a screener of stocks where mutual funds have increased their shareholding in the past quarter.
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The RBI’s Monetary Policy Committee (MPC) keeps the policy repo rate unchanged at 5.5% and maintains its policy stance at ‘Neutral.’ RBI Governor Sanjay Malhotra notes that the economy is heading into the festive season, which typically boosts economic activity, and adds that geopolitical uncertainties have eased to some extent.
#Breaking: #RBI MPC holds policy repo rate steady at 5.5%. #RBIPolicy
Watch live: https://t.co/GcYAcOunN6
Read #RBIPolicy updates: https://t.co/63wnwM91Jm pic.twitter.com/L2GkK6N1fY— NDTV Profit (@NDTVProfitIndia) August 6, 2025
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Torrent Power is falling as its net profit declines 24.8% YoY to Rs 731.4 crore in Q1FY26, impacted by higher power purchase costs. Revenue decreases 12.5% YoY to Rs 7,906.4 crore due to lower contribution from the generation and transmission & distribution segments during the quarter. The company appears in a screener of stocks underperforming their industry price change over the past quarter.
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Gland Pharma is rising as its net profit surges 49.9% YoY to Rs 215.5 crore in Q1FY26, helped by inventory destocking. Revenue increases 7.4% YoY to Rs 1,505.6 crore, driven by improvements in core operations and a turnaround at its European subsidiary, Cenexi. The company appears in a screener of stocks outperforming their industry price change over the past quarter.
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Bharti Airtel's Q1FY26 net profit surges 43% YoY to Rs 5,947.9 crore, helped by lower access charges. Revenue increases 28.5% YoY to Rs 49,462.6 crore, driven by higher mobile average revenue per user and improvements in the India and Africa markets during the quarter. The company appears in a screener of stocks where mutual funds have increased their shareholding in the past two months.
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Nifty 50 was trading at 24,654.85 (5.3, 0.0%), BSE Sensex was trading at 80,694.98 (-15.3, 0.0%) while the broader Nifty 500 was trading at 22,803.20 (4.7, 0.0%).
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Market breadth is surging. Of the 1,951 stocks traded today, 1,261 showed gains, and 627 showed losses.
Riding High:
Largecap and midcap gainers today include Waaree Energies Ltd. (3,218.40, 5.3%), Gujarat Fluorochemicals Ltd. (3,640, 4.1%) and Union Bank of India (131.02, 2.4%).
Downers:
Largecap and midcap losers today include Bosch Ltd. (38,255, -5.8%), Balkrishna Industries Ltd. (2,400.20, -5.7%) and Coromandel International Ltd. (2,504.40, -4.4%).
Volume Rockets
23 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included Godfrey Phillips India Ltd. (10,854.50, 9.9%), Sarda Energy & Minerals Ltd. (581.75, 7.7%) and Kirloskar Oil Engines Ltd. (919.50, 6.3%).
Top high volume losers on BSE were Bayer Cropscience Ltd. (5,946.50, -5.3%), Elgi Equipments Ltd. (545.70, -4.6%) and Divi's Laboratories Ltd. (6,133.50, -4.3%).
Adani Energy Solutions Ltd. (791.10, -1.4%) was trading at 17.3 times of weekly average. ITI Ltd. (299.55, 3.4%) and Gujarat Fluorochemicals Ltd. (3,640, 4.1%) were trading with volumes 13.5 and 11.2 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
6 stocks overperformed with 52 week highs, while 2 stocks were underachievers and hit their 52 week lows.
Stocks touching their year highs included - TVS Motor Company Ltd. (2,952.70, -1.0%), Godfrey Phillips India Ltd. (10,854.50, 9.9%) and Delhivery Ltd. (454.80, -0.7%).
Stocks making new 52 weeks lows included - Ratnamani Metals & Tubes Ltd. (2,351.60, -4.4%) and Five-Star Business Finance Ltd. (583.15, -3.2%).
9 stocks climbed above their 200 day SMA including Kirloskar Oil Engines Ltd. (919.50, 6.3%) and ITI Ltd. (299.55, 3.4%). 30 stocks slipped below their 200 SMA including Coforge Ltd. (1,638.30, -4.0%) and Balrampur Chini Mills Ltd. (548.25, -3.7%).