Nifty 50 closed at 24,317.15 (67.0, 0.3%), BSE Sensex closed at 77,928.15 (273.6, 0.4%) while the broader Nifty 500 closed at 23,353.55 (1.0, 0%). Market breadth is in the red. Of the 2,761 stocks traded today, 926 were on the uptrend, and 1,768 went down.

Indian indices closed higher, led by a surge in auto stocks and foreign fund inflows. The Indian volatility index, Nifty VIX, rose 1.2% and closed at 12.1 points. INDO-MIM's shares made their debut on the bourses at a 44.3% premium to the issue price of Rs 485. The Rs 3,812.1 crore IPO received bids for 72.3 times the total shares on offer.

Nifty Smallcap 100 and Nifty Midcap 100 closed lower. Nifty Auto and BSE Auto are among the top index gainers today. According to Trendlyne’s sector dashboard, Automobiles & Auto Components emerged as the best-performing sector of the day, with a rise of 1.5%.

Asian markets closed mixed. European markets traded higher, except for Switzerland's SMI. US index futures traded higher, indicating a positive start to the trading session. Meanwhile, investors assessed the Fed’s decision to keep interest rates unchanged at 3.50–3.75%, with three policymakers voting in favour of a rate hike. Investors also await Q2 results from Apple and Amazon, which are due today, for cues on AI spending and consumer demand.

• Money Flow Index (MFI) indicates that stocks like Diamond Power Infrastructure, Jupiter Life Line Hospitals and Sri Lotus Developers & Realty are in the overbought zone.

• Exide Industries rises to its 52-week high of Rs 459.9 as its Q1FY27 net profit jumps 28.4% YoY to Rs 350.5 crore, thanks to a richer product mix and pricing actions. Revenue climbs 17.6% to Rs 5,555.3 crore, driven by healthy demand in the automotive and industrial battery businesses. It features in a screener of stocks with rising net cash flow and cash from operations.

• Mahindra & Mahindra is rising as its Q1FY27 net profit grows 33.6% YoY to Rs 5,454.5 crore, supported by strong demand for its high-margin SUVs and tractors. Revenue increases 27.8% to Rs 58,187.6 crore, driven by higher vehicle sales and robust growth in the farm equipment business during the quarter. The company appears in a screener of stocks with a PEG ratio below the Industry average.

• Syngene International plunges to its 5-year low of Rs 375.3 as it lowers FY27 revenue guidance to a low single-digit decline from flat growth due to a reduction in manufacturing demand from a large biologics customer.

• ICICI Securities retains a 'Reduce' rating on PCBL Chemical with a higher target price of Rs 315. The brokerage says domestic demand remains strong, while PCBL expects Europe and the US, its premium markets, to contribute a larger share of volumes. ICICI sees near-term volatility from lower crude prices, which could lead to destocking and inventory losses in Q2. Despite this, the company has retained its FY27 EBITDA/kg growth guidance of 14–15%, maintaining its focus on margins over volumes.

  #MarketToday | PCBL Chemical shares tank 10% despite strong Q1 FY27 print; here's what brokerages say https://t.co/mBMyZrQPVn

  — Business Today (@business_today) July 30, 2026

• MOIL is rising sharply as its Q1FY27 net profit soars 70.1% YoY to Rs 87.6 crore, led by inventory destocking and lower raw materials & employee benefits expenses. Revenue grows 5.6% to Rs 391.1 crore, owing to higher mining products and power sales. It features in a screener of stocks outperforming their industries over the past week.

• Hexaware Technologies is falling sharply as management reportedly cuts its CY26 revenue growth guidance by 110 bps to 6.5% due to delays in deal ramp-up. Several deals secured earlier in the year are expected to ramp in late H2, leaving less time to make up the lost revenue in 2026.

• Brigade Enterprises is rising as it acquires a 2-acre land parcel on Kanakapura Road in South Bengaluru, to develop a premium residential project with an estimated revenue potential of about Rs 400 crore.

• Amena Bakr, Head of Middle East and OPEC+ Insights at Kpler, expects crude oil prices to remain around $90 per barrel, while noting that the outlook hinges on geopolitical developments. She says India's diversified crude import strategy has strengthened its energy security amid rising tensions in West Asia and shipping disruptions, with the country securing multiple cargoes from the UAE through the Strait of Hormuz.

  India's energy strategy remains resilient despite West Asia tensions, says #Kpler's Amena Bakr@Manisha3005 https://t.co/AViTVShPIM

  — CNBC-TV18 (@CNBCTV18Live) July 30, 2026

• MTAR Technologies soars to its 5% upper circuit as it secures an additional purchase order worth $85.9 million (~Rs 819.9 crore) from an international customer. The company's Q1FY27 net profit surges 4.6x YoY to Rs 50.2 crore, helped by a richer product mix and higher capacity utilisation. Revenue jumps 134.5% to Rs 368.6 crore owing to strong execution across the clean energy, aerospace, defence, and nuclear segments.

• Redington surges over 9% to a new all-time high of Rs 338.5 as its Q1FY27 net profit jumps 76.6% YoY to Rs 486 crore, supported by broad-based revenue growth and higher operating margins. Revenue increases 34.6% to Rs 34,922.5 crore, driven by large enterprise and data-centre deals, higher PC realisations, premium smartphone demand, and growth in cloud and cybersecurity solutions. It shows up in a screener of stocks with low debt.

• Waaree Energies is falling sharply as its Q1FY27 net profit misses Forecaster estimates by 20.7% despite growing 14.1% YoY to Rs 850.2 crore due to higher raw materials, project, sales and employee benefits expenses. However, revenue soars 76.3% to Rs 8,102.6 crore, supported by stronger execution of engineering, construction & procurement (EPC) projects and higher sales of solar photovoltaic modules. It shows up in a screener of stocks with prices below their short, medium and long term moving averages.

• According to a Crisil Intelligence report, the EU's revised steel safeguard measures could hit India's steel exports in FY27. Exports are expected to fall 25–30% YoY due to tighter EU quotas, weak global prices, and intense competition, prompting steelmakers to focus more on the domestic market.

  EU's tighter steel quotas may hit India's exports by up to 30% in FY27; domestic market likely to gain focus: Crisil
  
  -EU steel safeguards to hit India's steel exports in FY27.
  -Exports expected to decline 25-30% in FY27.
  -India's EU steel quota share reduced by 41%.
  
  Read More:…

  — Moneycontrol (@moneycontrolcom) July 30, 2026

• NBCC (India) secures an order worth $75 million (~Rs 717 crore) from the Seychelles Government for the Ile Aurore Housing Project. The scope of the project includes building 1,008 affordable housing units along with related infrastructure such as roads, utilities, and other civic facilities.

• Premier Energies' board of directors schedules a meeting for August 6 to consider a proposal for a Rs 5,000 crore fundraise by issuing equity or other securities through a qualified institutional placement (QIP) or other modes.

• Xtranet Technologies' shares debut on the bourses at a 7.1% premium to the issue price of Rs 127. The Rs 166.8 crore IPO received bids for 12.2 times the total shares on offer.

• Lohit Bhatia, CEO of Quess Corp, guides for 10–13% headcount growth, 13–15% revenue growth, and 19–20% PAT growth over the next four years. He says the company aims to strengthen its core domestic and global staffing businesses while scaling up specialized verticals, including the newly launched Japan corridor and the deployment of skilled technology talent.

  Quess Corp Guidance
  
  Management targets a healthy growth trajectory:
  Headcount +10–13%
  Revenue +13–15%
  PAT +19–20%
  
  Medium-term margin: 2.4–2.5%https://t.co/EjtxiRW5gB

  — Nigel D'Souza (@Nigel__DSouza) July 30, 2026

• Lohia Corp's shares debut on the bourses at an 8.5% premium to the issue price of Rs 425. The Rs 1,102.1 crore IPO received bids for 7.3 times the total shares on offer.

• INDO-MIM's shares debut on the bourses at a 44.3% premium to the issue price of Rs 485. The Rs 3,812.1 crore IPO received bids for 72.3 times the total shares on offer.

• GAIL signs a memorandum of understanding (MoU) with Rashtriya Chemicals & Fertilizers (RCF) to jointly develop a 1.3 million metric tonnes per annum (MMTPA) urea manufacturing plant in Maharashtra. The companies will set up a special purpose vehicle (SPV) for the project.

• Equirus Securities maintains a 'Buy' rating on Adani Ports with a target price of Rs 2,088. The brokerage highlights a strong Q1, with revenue rising 19% YoY despite subdued domestic cargo growth and geopolitical disruptions. It notes that domestic port EBITDA margins remained robust at around 74%, while international margins improved to 42%, supported by the ramp-up of Colombo operations and the integration of high-margin Australian assets.

  #MarketsWithBS | Adani Ports down 6% in 2 days post Q1 nos; Equirus maintains 'LONG' rating
  
  Details by @rex_cano ????#Stocks #markets #stockmarket #sharemarket #AdaniPorts https://t.co/elskkmRgoh

  — Business Standard (@bsindia) July 30, 2026

• Karnataka Bank soars to its all-time high of Rs 291.5 as its Q1FY27 net profit jumps 43.3% YoY to Rs 419.1 crore, boosted by interest costs and provisions. Revenue rises 4.5% to Rs 2,738.1 crore, led by improvements in the retail and corporate banking segments. The bank's asset quality improves as its gross and net NPAs decline by 88 bps and 57 bps YoY, respectively.

• Syrma SGS Technology is rising sharply as its board of directors approves a Rs 1,000 crore fundraise through a qualified institutional placement (QIP) or other modes. The company's net profit soars 101.2% YoY to Rs 100.1 crore, fueled by a richer product mix, inventory destocking and lower finance costs. Revenue jumps 67% to Rs 1,603.7 crore, supported by demand in the electronic manufacturing services (EMS) segment and higher exports.

• Chalet Hotels is falling as its Q1FY27 net profit plunges 57.6% YoY to Rs 86.2 crore, impacted by a high base and a one-time employee separation cost. Revenue declines 42.7% to Rs 512.3 crore due to lower contribution from the real estate segment during the quarter. The company appears in a screener of stocks with high promoter share pledges.

• Eicher Motors is rising as its board of directors approves a Rs 1,225 crore capex to expand motorcycle capacity at the Andhra Pradesh plant by 4.5 lakh units per annum to 19.5 lakh units per annum. The company's Q1FY27 net profit jumps 21.3% YoY to Rs 1,462.5 crore, driven by price hikes. Revenue climbs 29.4% to Rs 7,098.7 crore, thanks to strong domestic demand and higher Royal Enfield sales.

• Nifty 50 was trading at 24,262.50 (12.3, 0.1%), BSE Sensex was trading at 77,638.86 (-15.7, 0.0%), while the broader Nifty 500 was trading at 23,348.95 (-3.7, 0.0%).

• Market breadth is in the red. Of the 2,118 stocks traded today, 873 showed gains, and 1,147 showed losses.

Riding High:

Largecap and midcap gainers today include Balkrishna Industries Ltd. (2,306.90, 10.8%), Hero MotoCorp Ltd. (5,325, 3.4%) and TVS Motor Company Ltd. (4,208.40, 3.3%).

Downers:

Largecap and midcap losers today include Prestige Estates Projects Ltd. (1,594.80, -4.7%), Waaree Energies Ltd. (2,624.90, -4.1%) and Colgate-Palmolive (India) Ltd. (2,084.80, -3.8%).

Volume Shockers

30 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included Balkrishna Industries Ltd. (2,306.90, 10.8%), Redington Ltd. (310.95, 8.2%) and LT Foods Ltd. (397.10, 4.9%).

Top high volume losers on BSE were Deepak Fertilisers & Petrochemicals Corporation Ltd. (1,532.40, -5.8%), Premier Energies Ltd. (982.70, -5.2%) and Vardhman Textiles Ltd. (602.10, -4.4%).

Mahanagar Gas Ltd. (1,118.50, 1.2%) was trading at 29.9 times of weekly average. Syngene International Ltd. (399.20, -3.6%) and TBO Tek Ltd. (1,498.50, -1.6%) were trading with volumes 18.8 and 12.4 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

22 stocks made 52 week highs, while 4 stocks hit their 52 week lows.

Stocks touching their year highs included - Apollo Hospitals Enterprise Ltd. (8,988, 0.6%), Divi's Laboratories Ltd. (7,835, 0.7%) and Exide Industries Ltd. (452.70, 3.9%).

Stocks making new 52 weeks lows included - Procter & Gamble Hygiene & Healthcare Ltd. (8,477, -1.4%) and Syngene International Ltd. (399.20, -3.6%).

28 stocks climbed above their 200 day SMA including Balkrishna Industries Ltd. (2,306.90, 10.8%) and LT Foods Ltd. (397.10, 4.9%). 13 stocks slipped below their 200 SMA including Hexaware Technologies Ltd. (575.55, -6.9%) and Chalet Hotels Ltd. (805, -3.8%).