Stock Market News Today Live Updates: Nifty Above 24,100, Sensex Gains 200 Points; ICICI Bank, HDFC Bank Top Gainers

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• The NSE Nifty 50 rose as much as 0.25% to 24,115
• The BSE Sensex rose as much as 0.3% or 226 points to 77,280.75

• Nifty 50 rose 0.14% or 33.80 points to 24,085.85 in pre-market trade.
• Sensex gained 0.18% or 137.79 points to 77,192.73.

The Indian rupee appreciated by as much as 8 paise to trade at 96.11 against the US dollar.

• Nifty July futures fell 0.91% to 24,022 and traded at a discount of 30.05 points to the spot index.
• The highest call open interest was at the 24,100 strike, while the highest put open interest was at the 23,000 strike.
• Kaynes Technology remained under the F&O ban list.

• Kalyan Jewellers India and C.E. Info Systems (MapmyIndia) have been shortlisted under the Short-Term Additional Surveillance Measure (ASM) Framework.
• EPack Prefab Technologies and Amir Chand Jagdish Kumar (Exports) will be excluded from the ASM framework.
• Separately, the price band for Just Dial has been revised to 10% from 20%.

Mylan Inc. sold a total of over 9.4 crore Biocon shares at Rs 400 per share through block deals.

Several institutional investors bought shares in the transaction, including ICICI Prudential Mutual Fund, HDFC Mutual Fund, Kotak Mahindra Mutual Fund, SBI Mutual Fund, Franklin Templeton Mutual Fund, Mirae Asset Mutual Fund and Morgan Stanley Asia Singapore. HDFC Life, ICICI Prudential Life, Societe Generale and other investors also participated in the purchase.

• Abu Dhabi Investment Authority bought 11.23 lakh shares of SG Mart at Rs 650 per share, while Public Sector Pension Investment Board purchased 10 lakh shares at Rs 649.98 per share.
• HR Global Manufacturing sold 22 lakh SG Mart shares at around Rs 650 per share. Separately, Irage Broking Services LLP net sold 2.87 lakh shares of Just Dial at Rs 765.25 per share.

Bliss GVS, Escorts Kubota, Kalpataru Projects International, Wipro, Sona BLW, Lloyds Engineering Works and Yash Highvoltage will hold their annual general meetings.

The boards of Ather Energy, Brigade Enterprises and Sambhv Steel Tubes are scheduled to meet to consider fundraising proposals.

• Hero MotoCorp approved an additional investment of up to Rs 1,000 crore in Ather Energy. KEC International secured orders worth Rs 1,180 crore, while Capacite Infraprojects won an order worth Rs 482 crore. Kirloskar Brothers’ SPP Pumps received a GBP 11.7 million order. NBCC approved the merger of HSCC with itself, and the RBI approved Delhivery Financial Services’ registration as a non-deposit-taking NBFC.
• Tata Power allotted NCDs worth Rs 1,500 crore, while Mufin Green Finance approved fundraising through NCDs and foreign currency bonds. Belrise Industries launched its QIP at a floor price of Rs 230.79 per share. Other stocks in focus include IOL Chemicals, Axis Bank, Dalmia Bharat Sugar, Samvardhana Motherson, Jammu & Kashmir Bank, L&T Technology Services, ICICI Lombard, RBL Bank, Utkarsh Small Finance Bank and State Bank of India.

• Signature Global’s pre-sales rose 25% quarter-on-quarter to Rs 1,970 crore in Q1 FY27. Collections stood at Rs 670 crore, while average sales realisation reached Rs 17,093 per square foot.
• The company also entered the branded residences segment through a collaboration with Italy’s Tonino Lamborghini.

• Anand Rathi Share and Stock Brokers’ consolidated net profit fell 43.8% quarter-on-quarter to Rs 23.4 crore. Total income declined 3.7% to Rs 247 crore.
• The company approved raising up to Rs 500 crore through non-convertible debentures.

• L&T Technology Services’ consolidated net profit rose 7.4% quarter-on-quarter to Rs 357 crore, while revenue increased 2.9% to Rs 2,940 crore.
• EBIT grew 6.1% to Rs 461.3 crore. The EBIT margin widened by 47 basis points to 15.68%.

• Tata Elxsi’s net profit fell 22.6% quarter-on-quarter to Rs 171 crore, while revenue rose 2.8% to Rs 1,021 crore.
• EBIT declined 12.4% to Rs 193.8 crore. The EBIT margin narrowed to 19% from 22.3% in the previous quarter.

• SK Hynix rose more than 11% in South Korea, leading gains in Asian technology shares.
• The rally followed a rebound in US semiconductor stocks after a sharp sell-off earlier this week, lifting sentiment across the region's technology sector.

China’s economy expanded 4.3%, marking its slowest growth since 2022. The reading came below market expectations.

• The US Central Command reimposed a naval blockade on vessels travelling to and from Iranian ports and coastal areas.
• US forces also launched another round of airstrikes against Iran, marking the fourth consecutive day of military action.

• The US warned it could target Iran’s power plants and bridges next week unless Tehran resumes negotiations.
• American forces have also struck Kharg Island, Iran’s key oil export hub, twice and have not ruled out occupying it.

• Brent crude rose 1.8% to trade above $86 a barrel, extending gains for a third session. Oil had surged 11% over the previous two sessions.
• Prices rose after fresh US airstrikes on Iran and the reinstatement of a blockade on the country’s ports and coastal areas. Higher energy prices kept investors focused on the inflation outlook.

• Softer US inflation reduced expectations of a near-term Federal Reserve rate increase. A positive start to the US earnings season also renewed buying in artificial intelligence-linked stocks.
• US Treasury yields declined as traders lowered rate hike expectations, while the dollar weakened against other Group of 10 currencies.

• South Korea’s Kospi gained 6.33%, while Japan’s Nikkei 225 and Australia’s ASX 200 rose 0.73% and 0.47%, respectively.
• The Shanghai Composite slipped 0.01%. Cooler-than-expected US inflation data supported technology stocks and eased concerns over further interest-rate increases.

GIFT Nifty traded at 24,049, nearly unchanged from the Nifty 50’s Tuesday close of 24,052.05.