KEY HIGHLIGHTS
Market Close: Nifty Reclaims 25,500 In Last-Hour Surge, Sensex Ends Nearly 300 Points Higher
The NSE Nifty 50 and BSE Sensex ended on a muted note for second session in a row Tuesday as most traders remained on the sidelines awaiting clarity on US and India trade deal. Kotak Mahindra Bank and HDFC Bank Ltd. were top contributors to the NSE Nifty 50 index.
Rupee Closes Stronger Against US Dollar
Rupee closed 16 paise stronger against US Dollar at 85.70
It closed at 85.86 a dollar on Monday.
Source: Bloomberg
Trump Tariffs & India: 'More Noise Than Substance', Says Julius Baer's Mark Matthews
US President Donald Trump has announced 25% tariffs on goods from Japan and South Korea, starting August 1. The Trump administration, on Monday, also sent letters to other trading partners such as Thailand, Bangladesh, Malaysia, among Asian nations. In the run-up to more tariff updates, India awaits its trade deal with the world's largest economy after months of negotiation.
Read more here.
Stock Market Today: Raitel Corp Gets LoI For Rs 97 Crore
RailTel Corporation has received a Letter of Intent (LoI) for a work order valued at Rs 97 crore from the Central Warehousing Corporation. This information was disclosed in an exchange filing.
Europe Market Update: Euro Stoxx And FTSE 100 Trade Slightly Higher
Markets across Europe were trading on a muted note as most await for update on US and Europe trade negotiations. The Euro Stoxx and FTSE 100 were trading 0.06% and 0.10% higher, respectively as of 2:03 p.m.
Stock Market Today: MCX Gets SEBI Approval To Launch Electricity Futures
MCX has received SEBI approval to launch electricity futures, effective July 10, to strengthen its commodities portfolio.
US-India Trade Talks: Deal Now Hinges On Political Will, Not Technical Negotiations
Deal now hinges on political will, not technical negotiations
India’s offer has been finalised, ball in Washington’s court whether to approve deal or not
India’s focus remains on securing preference, increasing competitiveness in labour-intensive sectors
US unlikely to offer exemptions on key sectoral tariffs – steel, aluminium, auto parts
Mini/interim trade deal to cover only goods
Broader issues like digital trade, IP, and services kept out of mini-deal scope
Source: People In The Know
Stock Market Live Update: Happiest Minds' Arm Launches FuzionX Gaming Studio
Happiest Minds Technologies' subsidiary, PureSoftware, has launched the FuzionX Gaming Studio.
Nifty Today Live: Benchmark Faces Hurdle At 25,500
The Nifty 50 has struggled to regain 25,500 points. During the first hour of day, the index went as high as 25495.9 and then fell.
Intraday low is 25,424.15.
BSE Shares Hit Over One-Month Low As Concerns Fuel On SEBI Bar On Jane Street
BSE Ltd.'s share price hit the lowest level in one month on Tuesday as concerns continued to fuel about the impact of a bar on Jane Street Group.
BSE share price declined 7.53% to Rs 2,437.70 apiece, the lowest level since May 29.
Stock Market Live Update: PC Jeweller Share Price Snaps Five-Day Winning Streak
PC Jeweller share price declined 10% to Rs 16.83 apiece. The share price pared losses to trade 7.86% down at Rs 17.25 apiece as of 12:53 p.m., as compared to 0.05% advance in the NSE Nifty 50 index.
Stock Market Live Update: Voltas Introduces Flo Series
Voltas has introduced the Flo Series, a new range of energy-efficient BLDC ceiling fans.
NSDL Unlisted Shares Buzzing In Grey Market, But Retail Investors Be Warned — Here's Why
Ahead of its Dalal Street debut, trading in the unlisted shares of National Securities Depository Ltd., has seen increased activity even as the price has fallen below Rs 1,000 (Rs 950-990 apiece) in the private market.
F&O Trading: SEBI Not Considering Linking Options Contract To Cash Market Positions
The Securities and Exchange Board of India is not considering linking positions taken through options contracts to cash market positions. No proposal on further regulations has reached SEBI's secondary market advisory committee either, sources told NDTV Profit on Tuesday.
Stock Market Live: Transformers & Rectifiers To Appoint CEO
Transformers & Rectifiers has announced the appointment of Mukul Srivastava as CEO.
Stock Market Live: Omaxe To Develop Integrated Town In Madhya Pradesh
Omaxe has acquired 450 acres of land in Madhya Pradesh through its subsidiaries and plans to invest Rs 1,200 crore to develop an integrated township.
Stock Market Live: Jindal Worldwide's Arm Reveals EV Model
Jindal Worldwide's arm, Jindal Mobilitric, has unveiled a new EV model with a range of 165 km.
Stock Market Live: Ventive Hospitality Teams Up With Marriott To Build Luxury Hotels In India & Sri Lanka
Ventive Hospitality has entered into an agreement with Marriott Hotels India to build seven luxury hotels in India and Sri Lanka. The company and its subsidiaries will develop three hotels, while promoter group companies will develop the remaining four.
Buy Or Sell: IIFL Finance, Petronet LNG Among Aditya Agarwala's Recommendations — Check Target Price
IIFL Finance Ltd., Petronet LNG Ltd., and Cummins India Ltd. have 'buy' recommendations from Aditya Agarwala, head of research and investments at Invest4edu, on Tuesday.
Agarwala recommended buying IIFL Finance with a target price of Rs 520 and a stop loss of Rs 455. IIFL Finance is a diversified financial services company offering a range of products including home loans, gold loans, and microfinance. The company has a strong presence across India and focuses on providing financial solutions to underserved segments of the population.
To know more click here.
Stock Market Live Update: Baazar Style Reports Fire Incident At Its Warehouse In West Bengal
Baazar Style reported a fire incident at its former warehouse in West Bengal, resulting in a significant inventory loss of Rs 50.9 crore and capital assets loss of Rs 4.2 crore. The company received Rs 3.48 crore against the total capital assets loss of Rs 4.24 crore.
Stock Market Live: Ceinsys Gets LoA Worth Rs 115 Crore From MMRDA
Ceinsys has received a Letter of Award worth Rs 115 crore from MMRDA for monitoring infrastructure projects.
Stock Market Live: Rajesh Power Services Gets Order Worth Rs 220 Crore
Rajesh Power Services has secured an order worth Rs 220 crore from Gujarat's MGVCL for 11KV medium voltage covered conductors.
Stock Market Today: Ederlweiss Financial Services To Issue NCDs Worth Rs 3,00 Crore
Edelweiss Financial Services Limited has announced a public issue of secured redeemable non-convertible debentures (NCDs) worth Rs 300 crore.
Asia Market Update: S&P ASX 200 Continues To Trade Lower After RBA Keeps Rate Steady
The S&P ASX 200 continued to trade lower after the Reserve Bank of Australia kept interest rate steady at 3.85% unexpectedly. The central bank requires more time to assess the trajectory of inflation in the country.
The S&P ASX 200 was trading 0.21% down at 8,571.10 as of 10:30 a.m.
Meanwhile, the Australian Dollar rose 0.75% to 1.53 against the US currency as of 10:31 a.m.
Stock Market Today: NMDC Gives Additional Duty To Director Priyadarshini Gaddam
NMDC has assigned Priyadarshini Gaddam, currently the Director (Personnel), the additional charge of Director (Finance) for another six months.
Stock Market Live: Meghna Infra To Develop Residential Project In Mumbai
Meghna Infracon Technologies will likely redevelop residential project in Santacruz, Mumbai for estimated Rs 37 crore, the exchange filing said.
Titan Loses Shine In Q1 FY26: JPMorgan 'Neutral' After Revenue Misses Estimates — Buy Or Sell?
Titan Co. reported an 18% rise in revenue in the first quarter of fiscal 2026. However, this missed street expectations. JPMorgan in a note on Tuesday said that the moderation in the Tata Group company's revenue growth was "worse than feared". The brokerage, having maintained its 'neutral' stance on the stock, has assigned a target price of Rs 3,350 on the jewellery stock.
Read the full article here.
Jane Street To Employees On SEBI's Interim Ban Order: 'Discussion Requests Rebuffed'
Jane Street told its employees that its attempts to engage with SEBI and exchanges since February were “consistently rebuffed,” after the regulator barred the firm from Indian markets, according to an internal communication sent over the weekend viewed by NDTV Profit.
Read the full article here.
Stock Market Today: Mangalam Cement Emerges As Preferred Bidder for Nimana Duniya Mine
Mangalam Cement has been selected as the preferred bidder for the Nimana-Duniya mine in Rajasthan.
Stock Market Today: Titan Shares Fall 5% After Q1 Business Update Disappoints
Titan Co. shares fell 5% during early trade on Tuesday after the first-quarter revenue growth came below market expectations.
The consumer businesses registered a growth of 20% year-on-year in the June quarter. Its jewellery division, which contributes over three-fourths of its revenue, reported an 18% growth.
Stock Market Live: Kotak Bank Shares Advance For Third Day
Kotak Mahindra Bank Ltd. share price advanced 4.27% to Rs 2,241.50 apiece, the highest level since April 29. The share price rose as its advances grew 14% on the year to Rs 4.4 lakh crore, and total deposit grew 14.6% on the year.
Sectoral Performance At Open: Nifty Defence Outperforms
On National Stock Exchange Ltd., the NSE Nifty Defence outperformed benchmark indices. Out of 15 sectoral indices, nine sectoral indices advanced, and five declined.
Nifty Contributors: Kotak Bank, Tata Motors Shares Support Gains
Kotak Mahindra Bank Ltd., Tata Motors Ltd., Eternal Ltd., Oil and Natural Gas Corp, and Jio Financial Services added to the NSE Nifty 50 index.
Titan Co. Ltd., HDFC Bank Ltd., ICICI Bank Ltd., Bharti Airtel Ltd., Reliance Industries Ltd. limited gains to the Nifty 50 index.
Stock Market At Open: Nifty, Sensex Trade Slightly Lower
The NSE Nifty 50 and BSE Sensex opened slightly lower on Tuesday tracking a loss in Titan Co., Bharti Airtel Ltd., and Reliance Industries Ltd. The indices were trading 0.07% and 0.08% higher, respectively as of 9:22 a.m.
Stock Market Today: Nifty, Sensex Fall At Pre-Open
At pre-open, the NSE Nifty 50 was trading 0.14% down at 25,427.85, and the BSE Sensex was trading 0.04% down at 83,407.19.
Yield On The 10-Year Bond Opens Flat
The 10-year bond yield opened flat at 6.36%
Source: Cogencis
Rupee Opens Stronger Against US Dollar
Rupee opened 10 paise stronger against US Dollar at 85.75
It closed at 85.85 a dollar on Monday.
Source: Cogencis
Stock Market Live: Lucent Industries To Buy Stake In Mabavenue
Lucent Industries is set to acquire a 100% stake in Mobavenue, making Mobavenue a wholly-owned subsidiary post-acquisition.
Stock Market Today: Adani Power Implements Vidarbha Industries Power's Resolution Plan
Adani Power has completed the acquisition and resolution plan for Vidarbha Industries Power for Rs 4,000 crore. This acquisition brings their operating capacity to 18,150 MW, with a target of 30,670 MW by 2029-30. VIPL is a 2×300 MW domestic coal-fired power plant located in Nagpur, Maharashtra.
Stock Market Today: HSBC On Divi's Labs
Upgrade to Buy from Reduce; Hike target price to Rs 7,900 from Rs 5,020
A long runway of growth
See a long runway of growth for Divi’s led by tirzepatide, other peptides, and contrast media in medium term
For Divi’s, we see revenue potential of $450m from peptides and $260m from contrast media by 2030
Expect FY25-28e EPS CAGR of 23%
Gold Prices Steady In Asia Session
Gold prices were steady in Asia session as market participants assess latest tariffs from the US. The bullion was trading 0.04% higher at $3,344.97 an ounce.
Oil Prices Fall As Traders Shift Focus To US Tariffs From Tensions In Middle East
Oil prices declined Tuesday as traders focused on latest swath of tariff rates by the US. On Monday, prices advanced nearly 2% as attacks on Red Sea near Yemen raised concern over oil supply.
Brent's September future contract was trading 0.60% down at $69.1 a barrel as of 7:46 a.m.
Asia Market Update: Trade Mixed After Trump Imposes Tariffs On Most Asian Trade Partners
Markets in Asia-Pacific were trading on a mixed note after US President Donald Trump imposed tariffs on its Asian trade partners. The deadline for tariff was extended to Aug 1.
The Nikkei 225 and KOSPI were trading 0.04% and 0.83% higher, respectively as of 7:38 a.m. The S&P ASX 200 was 0.08% down.
US Market Update: Dow Jones And S&P 500 Futures Fall Slightly As Traders Assess Trump's Latest Tariff Decisions
Dow Jones Industrial Average and S&P 500 futures declined slightly on Tuesday in Asia trade session. Market participants now assessed the impact of the latest tariff announced by the US.
US extended the deadline to Aug 1 while it imposed 25% tariff on Japan and South Korea. Indonesia and Thailand are hit with 32% and 36% tariffs, respectively.
The Dow Jones Industrial Average and S&P Futures were trading 0.15% and 0.06% down, respectively as of 7:25 a.m.
GIFT Nifty Implies Flat Open; M&M, Lodha, Tata Motors Shares In Focus
The GIFT Nifty was trading flat at 25,475.50 as of 6:38 a.m., which implied a muted start for the benchmark Nifty 50 index.
Investors may focus on Mahindra & Mahindra Ltd., Tata Motors Ltd., Titan Co. Ltd., and Macrotech Developers Ltd., and Kotak Mahindra Bank Ltd. shares.
India's benchmark indices ended flat on Monday. The NSE Nifty 50 ended 0.30 points flat at 25,461.30, while the BSE Sensex closed 9.61 points flat at 83.422.50.
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