Stock Market Crash News Highlights: Nifty, Sensex Resume Gains After One-Day Breather; HDFC Bank, SBI Top Gainers
The NSENifty 50 closed 0.09% or 22.80 points higher at 24,074.85, while the BSESensex rose 0.16% or 120.26 points to end at 77,175.20.
13 days ago
Indian equity benchmars erased gains after gaining in the morning session, resuming gains after a one-day breather. The NSE Nifty 50 closed 0.09% or 22.80 points higher at 24,074.85, while the BSE Sensex rose 0.16% or 120.26 points to end at 77,175.20.
Stock Market Wrap: Nifty Ends Higher As Broader Markets Outperform
- Nifty 50 ended over 0.1% higher, led by gains in UltraTech Cement and Eternal. The Nifty Midcap 150 rose nearly 0.5%, while the Nifty Smallcap 250 gained almost 0.75%.
- L&T Technology Services and Gujarat Fluorochemicals led mid-cap gains, while Nuvoco Vistas and Ather Energy topped the small-cap index.
- Nifty PSU Bank gained almost 1%, while Nifty Metal fell over 1%. Nifty IT, Realty and FMCG extended their losing runs, while Pharma closed higher for a second session and Oil & Gas snapped a two-day decline.
Stock Market Wrap: Nifty, Sensex End Marginally Higher
The NSE Nifty 50 closed 0.09% or 22.80 points higher at 24,074.85, while the BSE Sensex rose 0.16% or 120.26 points to end at 77,175.20.
Stock Market Live: HDFC AMC Q1 Net Profit Rises 12% To Rs 837 Crore
- HDFC Asset Management Company reported a consolidated net profit of Rs 837 crore in Q1, up 12% from Rs 748 crore in the year-ago period.
- Revenue increased 13.6% year-on-year to Rs 1,100 crore from Rs 968 crore.
- The company reported growth in both revenue and profit compared with the corresponding quarter last year.
Stock Market Live: Sai Silks Q1 Net Profit Falls 14.7% To Rs 25.6 Crore
- Sai Silks reported a net profit of Rs 25.6 crore in Q1, down 14.7% from Rs 30.1 crore a year ago.
- Revenue declined 1% year-on-year to Rs 375 crore from Rs 379 crore.
- EBITDA fell 9.2% to Rs 51.9 crore from Rs 57.1 crore, while EBITDA margin narrowed to 13.8% from 15.1% in the corresponding period last year.
Stock Market Live: Skilled Worker Shortage May Slow India’s Bio-Agriculture Push
- India’s plan to expand the use of bio-stimulants and bio-pesticides could face challenges due to a shortage of trained workers, Agriculture Commissioner P K Singh said.
- Singh called for specialised courses covering biological distillation and fermentation systems across diploma, degree, postgraduate and doctoral levels. He said workers in chemical fertiliser and pesticide production may not have the skills required for biological manufacturing.
Stock Market Live: Nuvoco Vistas, Landmark Cars Gain; Bajaj Consumer Extends Decline
- Nuvoco Vistas rose more than 12% after reporting Q1 volume growth of 5%. The stock touched its highest level since November 2025 and has gained over 25% in the last two sessions. The company said margins remained stable despite higher costs.
- Landmark Cars gained more than 10% after reporting its highest-ever first-quarter sales for Q1 FY27. Vehicle sales increased 24% during the quarter, taking the stock to its highest level since November 2025. The stock has risen over 20% in the last two sessions.
- Bajaj Consumer remained under pressure after management indicated margins could be affected in Q2 due to high-cost inventory. The stock is on a three-day losing streak and has declined nearly 20% over the period. Management expects conditions to improve from Q3 onwards.
Stock Market Live: SBI Fund Management IPO Subscribed 2.23 Times So Far On Day 2
- SBI Fund Management's IPO was subscribed 2.23 times as of 2:35 pm on Day 2 of the bidding process.
- The non-institutional investor (NII) portion was subscribed 4.87 times, while the retail individual investor (RII) segment was subscribed 1.37 times.
- Qualified institutional buyers (QIBs) had subscribed 1.39 times of their allocated quota.
Stock Market Live: Ather Energy Approves Fundraising Of Up To Rs 1,200 Crore
- Ather Energy's board has approved raising up to Rs 1,200 crore through equity instruments.
- The company will allot 16.3 lakh shares to the India-Japan Fund at Rs 1,230 per share.
- Ather Energy will also allot 76.2 lakh warrants to Hero MotoCorp. Hero MotoCorp had previously committed Rs 1,000 crore to the company.
Stock Market Live: European Markets Open Lower; DAX, IBEX Lead Losses
- Germany’s DAX fell 0.56%, Spain’s IBEX 35 declined 0.63% and the UK’s FTSE slipped 0.27%.
- France’s CAC 40 traded 0.05% lower, while the Netherlands’ AEX gained 0.70%.
Stock Market Live: Asian Markets Close Higher; Kospi Jumps Over 6%
- South Korea’s Kospi surged 6.24%, while Japan’s Nikkei 225 gained 1.49%. Hong Kong’s Hang Seng rose 1.40%, and Australia’s ASX 200 added 0.37%.
- China’s Shanghai Composite fell 0.29%.
Stock Market Live: ICICI Prudential Life Q1 Net Profit Rises 28% To Rs 386.2 Crore
- ICICI Prudential Life Insurance reported a net profit of Rs 386.2 crore for Q1, up 28% from Rs 302 crore in the year-ago period.
- Net premium income rose 15% year-on-year to Rs 9,749 crore.
- The solvency ratio stood at 225.4%, compared with 212.3% a year earlier.
Stock Market Live: Instamart Partners HPCL To Offer On-Demand LPG Cylinder Delivery
- Instamart has partnered with Hindustan Petroleum Corporation Ltd (HPCL) to launch on-demand LPG cylinder delivery through a quick commerce platform.
- The service will initially go live in Bengaluru and marks the debut of HPCL's new 10-kg composite LPG cylinder, HP Navya.
- Consumers will be able to order both the HP Navya cylinder and the existing 5-kg LPG cylinder on Instamart without requiring an existing LPG connection.
Stock Market Live: Knack Packaging Plans New Unit From October 2027
- Knack Packaging said it plans to start operations at a new manufacturing unit from October 2027.
- The company said demand currently exceeds its production capacity, with capacity utilisation at 95-99%.
- It exports products to more than 71 countries, with exports contributing 56% of total revenue. The company added that 40-45% of its business is contractual and said it expects to maintain the growth pace seen over the past three years.
- Knack Packaging also said it will announce its Q1 results shortly.
Stock Market Live: Apollo Micro Secures Orders Worth Rs 134.3 Crore, Subsidiary Wins Rs 55.2 Crore Orders
- Apollo Micro Systems said it has received orders worth Rs 134.3 crore, according to an exchange filing.
- The company's step-down subsidiary has also secured orders valued at Rs55.2crore.
Stock Market Live: Cube Highways Says Toll Assets Generate 70% Of Cash Inflows
- Cube Highways said toll assets contribute 70% of its cash inflows, with the toll portfolio delivering organic growth. The company expects future performance to remain in line with past trends.
- The proposed initial public offering is structured entirely as an offer for sale.
Stock Market Live: Steel Strips Wheels Q1 Profit Rises 47% On Revenue Growth
- Steel Strips Wheels’ net profit rose 47% year-on-year to Rs 69.5 crore in the first quarter, while revenue increased 27% to Rs 1,510 crore.
- EBITDA grew 34% to Rs 163 crore. The EBITDA margin widened to 10.8% from 10.2% a year earlier.
Stock Market Live: PSU Banks, Oil And Gas Lead Sectoral Gains
- Nifty PSU Bank rose 0.97%, followed by Nifty Oil and Gas at 0.65% and Nifty Pharma at 0.41%.
- Nifty Metal fell 0.81%, while Nifty IT and Nifty FMCG declined 0.72% and 0.58%, respectively.
Stock Market Live: Nifty, Sensex Erase Gains After Reversing From Day’s Highs
- Nifty 50 traded 0.04% or 9.20 points higher at 24,061.25 after rising as much as 0.7% to 24,220 earlier in the session. The index had briefly fallen to 24,010.
- Sensex was up 0.10% or 75.69 points at 77,130.63 after climbing as much as 0.8% to 77,646.27. The index had declined to an intraday low of 76,982.82.
Stock Market Live: Patanjali Foods Says No Material Event Behind Share Fall
- Patanjali Foods said its business continues as usual and there has been no adverse development or US FDA-related concern in the past 15 days. The company said it has no material event requiring disclosure.
- The company remains debt-free and has no pledged shares. The management said it was not aware of any large investor selling shares and could not comment on the reason for the stock’s decline.
Stock Market Live: Raymond Realty Plans Eighth Joint Development Project In Mumbai
Raymond Realty will set up its eighth joint development project in Mumbai, with an estimated gross development value of Rs 8,500 crore, according to an exchange filing.
Patanjali Foods Issues Statement After Shares Slide Over 17%
Stock Market Live: DEE Development Expects Finance Costs To Fall After Fundraise
- DEE Development expects finance costs to decline following its recent fundraise and does not plan to raise debt over the next three years. The company is growing at a compound annual rate of 20% and expects a healthy order book next year.
- The company is targeting sectors such as nuclear energy and is also considering an entry into the data centre market.
Stock Market Live: Patanjali Foods Falls 17% As Futures Open Interest Rises
- Patanjali Foods shares fell as much as 17.1% to Rs 337.85, extending losses for a third straight session. Trading volume rose to about six times the 20-day average.
- Open interest increased as prices declined across the July, August and September futures contracts, indicating fresh short positions.
Stock Market Live: SIAM Expects Vehicle Demand To Remain Steady
- SIAM said GST 2.0 has lowered overall vehicle costs, while access to financing at lower rates continues to support demand.
- The industry body said rainfall in late June and early July reduced the monsoon deficit, while inflation did not affect demand in the first quarter. SIAM expects steady demand to continue into the festive season.
Stock Market Live: Groww Q1 Net Profit Rises 94.2% To Rs 735 Crore
- Groww reported a consolidated net profit of Rs 735 crore in Q1, up 94.2% from Rs 378 crore a year earlier.
- Revenue increased 66% year-on-year to Rs 1,501 crore from Rs 904 crore.
- EBITDA rose to Rs 971 crore from Rs 483 crore, while EBITDA margin improved to 64.6% from 53.4%. Tax expense stood at Rs 257.2 crore compared with Rs 124.8 crore in the year-ago period.
Stock Market Live: Axis Mutual Fund Sees Banks, NBFCs Positioned For Growth
- Axis Mutual Fund said banks and non-banking financial companies are positioned for growth, though pressure on net interest margins remains a concern. Financial services account for about 30% of the large-cap segment.
- Mid- and small-cap companies have recorded growth of around 15%, while growth in the IT and FMCG sectors has not improved. The fund house remains positive on manufacturing companies in the mid- and small-cap segments but sees higher valuations in manufacturing.
Stock Market Live: Torrent Pharma Set For MSCI Inflows; RBL Bank Faces Outflows
- MSCI will increase Torrent Pharma’s weight in the MSCI Global Standard Index by raising its number of shares and Foreign Inclusion Factor. Nuvama Alternative expects passive inflows of $167 million, equivalent to 5.5 times the stock’s average daily volumes.
- RBL Bank will be removed from the MSCI Global Small Cap Index due to reduced foreign ownership headroom. Nuvama expects passive outflows of more than $25 million.
- Both changes will take effect after the close of July 16 and become effective on July 17.
Stock Market Live: Kotak Institutional Equities Flags Realty Market Trends
- Kotak Institutional Equities said Lodha has a smaller annuity portfolio and a larger land bank, while Anant Raj is focused on the data centre segment.
- The brokerage said Bengaluru’s property market performed well over the past 12 to 15 months. Construction costs account for 25% to 30% of the overall sales price.
Stock Market Live: Sharda Cropchem Leads Gains In Agrochemical Stocks
- Sharda Cropchem rose 2.02%, while India Pesticides and Dhanuka Agritech gained 1.52% and 1.40%, respectively.
- Sumitomo Chemical India, Coromandel International, UPL and PI Industries advanced more than 1% each. Kaveri Seed Company slipped 0.17%.
Stock Market Live: Vedanta Power Gains While Iron And Steel, Oil And Gas Units Fall
- Vedanta Power rose 0.62%, while Vedanta Ltd. gained 0.19%.
- Vedanta Iron & Steel fell 1.74%, Vedanta Oil & Gas declined 1.64% and Vedanta Aluminium slipped 0.37%.
Stock Market Live: Nuvoco Vistas, Ather Energy Lead Trending Stocks
- Nuvoco Vistas rose 8.45%, followed by Ather Energy at 6.96% and Tejas Networks at 5.84%. Aegis Logistics and Himachal Futuristic Communications gained 4.89% each.
- Tata Elxsi fell 4.39%, while JSW Infrastructure, Sonata Software and Adani Power declined 1.35%, 1.33% and 1.28%, respectively.
Stock Market Live: RBL Bank To Exit MSCI Global Small Cap Index
- RBL Bank will be removed from the MSCI Global Small Cap Index after the close of July 16 due to reduced foreign ownership headroom.
- Nuvama expects the deletion to trigger passive outflows of more than $25 million.
Stock Market Live: Morgan Stanley Raises IOC, HPCL And BPCL Target Prices
- Morgan Stanley retained its Overweight rating on Indian Oil Corp., Hindustan Petroleum Corp. and Bharat Petroleum Corp.
- The brokerage raised its target price for IOC to Rs 217 from Rs 202, HPCL to Rs 588 from Rs 511 and BPCL to Rs 444 from Rs 385.
Stock Market Live: Thomas Cook Leads Gains In Travel Stocks
- Thomas Cook (India) rose 3.20%, while TBO Tek and Yatra Online gained 0.67% and 0.49%, respectively.
- Easy Trip Planners advanced 0.43%, while IRCTC rose 0.26%.
Stock Market Live: Hindustan Petroleum Leads Gains In Oil Marketing Stocks
- Hindustan Petroleum rose 1.75%, while Indian Oil Corporation gained 1.03%.
- Bharat Petroleum advanced 0.95%.
Stock Market Live: Vaibhav Global Leads Gains In Jewellery Stocks
- Vaibhav Global rose 1.64%, while Thangamayil Jewellery and Sky Gold gained 1.25% and 1.10%, respectively. Titan Company advanced 0.63%.
- Goldiam fell 3.64%, while Senco Gold and Tribhovandas Bhimji Zaveri declined 2.49% and 1.05%, respectively. Kalyan Jewellers slipped 0.41%.
Stock Market Live: Tata Elxsi Leads Decline In IT Stocks
- Tata Elxsi fell 4.97%, followed by Zensar Technologies at 2.77% and Tata Consultancy Services at 2.21%.
- Newgen Software, Sonata Software, Infosys, Wipro, Tech Mahindra, HCL Technologies and other IT stocks also declined.
Stock Market Live: Financial Services, Auto Lead Sectoral Gains
- Nifty Financial Services rose 1.08%, followed by Nifty Auto at 0.90% and Nifty Bank at 0.83%.
- Nifty IT fell 1.51%, while Nifty Media declined 0.51%.
Stock Market Live: Nifty Above 24,100, Sensex Gains 200 Points
- 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
Stock Market Live: Nifty 50, Sensex Edge Higher In Pre-Market Trade
- 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.
Stock Market Live: Rupee Gains 8 Paise Against US Dollar
The Indian rupee appreciated by as much as 8 paise to trade at 96.11 against the US dollar.
Stock Market Live: Nifty Futures Trade At Discount; Kaynes Remains Under F&O Ban
- 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.
Stock Market Live: Kalyan Jewellers, MapmyIndia Added To ASM List; Just Dial Price Band Cut
- 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%.
Stock Market Live: Mylan Sells Biocon Shares In Block Deal; Mutual Funds Among Buyers
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.
Stock Market Live: ADIA, PSP Investments Buy SG Mart Shares In Bulk Deals
- 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.
Stock Market Live: Wipro, Escorts Kubota, Sona BLW Among Companies Holding AGMs
Bliss GVS, Escorts Kubota, Kalpataru Projects International, Wipro, Sona BLW, Lloyds Engineering Works and Yash Highvoltage will hold their annual general meetings.
Stock Market Live: Ather Energy, Brigade Enterprises And Sambhv Steel Tubes Boards To Consider Fundraising
The boards of Ather Energy, Brigade Enterprises and Sambhv Steel Tubes are scheduled to meet to consider fundraising proposals.
Stock Market Live: Hero MotoCorp, KEC International, NBCC, Delhivery Among Stocks To Watch
- 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.
Stock Market Live: Signature Global Q1 Pre-Sales Rise 25% Sequentially
- 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.
Stock Market Live: Anand Rathi Share Q1 Profit Falls 43.8% Sequentially
- 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.
Stock Market Live: L&T Technology Services Q1 Profit Rises 7.4% Sequentially
- 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%.
Stock Market Live: Tata Elxsi Q1 Profit Falls 22.6% Sequentially
- 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.
Stock Market Live: SK Hynix Jumps 11% As Technology Stocks Rally In Asia
- 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.
Stock Market Live: China’s GDP Growth Slows To 4.3%, Misses Estimates
China’s economy expanded 4.3%, marking its slowest growth since 2022. The reading came below market expectations.
Stock Market Live: US Reimposes Naval Blockade On Iranian Ports
- 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.
Stock Market Live: US Threatens Strikes On Iran’s Power Plants And Bridges
- 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.
Stock Market Live: Oil Extends Gains As US Renews Action Against Iran
- 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.
Stock Market Live: Softer US Inflation Eases Rate Hike Concerns
- 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.
Stock Market Live: Asian Markets Rise; Kospi Jumps Over 6%
- 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.
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