Stock Market Crash News Live Updates: Nifty Falls Near 24,050, Sensex Slides Over 500 Points; Nuvoco Vistas Surges After Q1 Results

• The rupee weakened below the 96 per dollar mark for the first time since May 22, 2026, amid a sharp rise in crude oil prices and renewed geopolitical concerns.

• During Tuesday's session, the rupee fell as much as 30 paise to 95.62 against the US dollar.

• Analysts said higher oil prices and safe-haven demand for the dollar weighed on the currency.

• Brent crude climbed above $85 per barrel, while WTI crude moved close to $80 per barrel after comments by US President Donald Trump on the Strait of Hormuz and Iranian ports.

• Market participants are also tracking RBI intervention after recent volatility in the currency market.

• Analysts expect the rupee to remain under pressure if elevated crude prices persist.

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• The NSE Nifty 50 fell as much as 0.66% to 24,050.
• The BSE Sensex fell as much as 0.7% or 546 points to 77,070.72

• Nifty 50 fell 0.51% or 124.45 points to 24,086.55.

• Sensex declined 0.34% or 262.33 points to 77,354.07.

• Both benchmark indices indicated a softer start in pre-market trade after the previous session's gains.

The Indian rupee weakened against the US dollar. The local currency depreciated as much as 34 paise to 95.96 against the greenback.

• SBI Funds Management raised Rs 2,663 crore from 129 anchor investors at Rs 574 per share ahead of its IPO.

• Global investors in the anchor book include BlackRock, Abu Dhabi Investment Authority, Morgan Stanley, Goldman Sachs, Citigroup, Capital Group, Government of Singapore, Fidelity and Societe Generale.

• Domestic investors include HDFC AMC, ICICI Prudential AMC, Nippon Life India, Kotak Mahindra AMC, LIC, HDFC Life Insurance, Abakkus Funds, Helios MF and Malabar India Fund.

• The company had earlier raised Rs 1,880 crore in a pre-IPO round from investors including 3P India Equity Fund, PI Opportunities Fund, Akash Bhanshali, Malabar India Fund, Carnelian Capital and WhiteOak Capital India.

• ICICI Prudential AMC reported a 25.5% increase in net profit to Rs 965 crore from Rs 769 crore in the previous quarter.

• Total income rose 20.2% quarter-on-quarter to Rs 1,745 crore.

• Total mutual fund QAAUM stood at Rs 11.17 lakh crore, compared with Rs 11.04 lakh crore in the previous quarter, up 1.1%.

• Nifty July futures rose 0.03% to 24,249, trading at a premium of 38 points over the spot index.
• Maximum Call open interest is at the 24,500 strike.
• Maximum Put open interest is at the 24,000 strike.
• Kaynes remains in the F&O ban period.

• In Jana Small Finance Bank, QRG Investments and Holdings sold 10.77 lakh shares at Rs 488.3 per share, while Monet Securities bought an equal number of shares at the same price.

• Agreya Capital Advisors sold 5.77 lakh shares of Fino Payments Bank at Rs 154.2 per share.

• HRTI Private sold 1.87 lakh shares of Kalyan Jewellers at Rs 509.56 per share.

• HDFC Securities sold 44.75 lakh shares of Energy Infrastructure Trust at Rs 79.80 per share.

• Remcom Sales Services bought 3.45 lakh shares of Indian Hume Pipe at Rs 394.43 per share.

• Zensar Technologies saw HRTI Private buy 1.05 lakh shares at Rs 532.57 per share.

• In Sumeet Industries, Padmini Polytex sold 80 lakh shares at Rs 2.48 per share, while Ajay Mittal, Mansi Share and Stock Broking and Prijal Tradefin bought shares through separate transactions.

• Arihant Capital Markets sold 9.62 lakh shares of Motisons Jewellers at around Rs 14.3 per share, while HRTI Private also sold 1.08 lakh shares.

• Exicom, Agi Infra, BF Investment, One Mobikwik Systems, Newgen Software and SKM Egg Products also witnessed bulk deal transactions during the session.

• Companies scheduled to announce earnings include Anand Rathi Share and Stock Brokers, Jindal Saw, L&T Technology Services, Madhya Bharat Agro Products, SG Finserve and Tata Elxsi.
• Investors will track management commentary, margin performance and outlook across financial services, engineering and technology sectors.

• SBI Funds Management, the investment manager of SBI Mutual Fund, will open its IPO on July 14 and close on July 16.

• The issue size is Rs 9,812.91 crore.

• The IPO is entirely an Offer For Sale (OFS) of 17.10 crore shares.

• The company is India's largest asset management company.

• The proposed listing date is July 21.

• Mufin Green Finance board will meet to consider a fund-raising proposal.
• Anand Rathi Share and Stock Brokers board will also consider a fund-raising proposal.

• HCL Technologies approved an investment of Rs 3,500 crore to set up AI data centres in India through new wholly owned subsidiaries and approved incorporation of a subsidiary for the project.

• BEL received fresh orders worth Rs 572 crore.

• PDS signed a multi-year sourcing partnership with a French retailer, managing over $250 million in annual apparel sourcing volumes from November 1.

• Poonawalla Fincorp approved issuance of Rs 500 crore secured NCDs.

• Emcure Pharmaceuticals acquired the remaining 12.05% stake in Gennova Biopharmaceuticals for Rs 231.87 crore.

• Aster DM Quality Care allotted 35.36 crore shares to shareholders of erstwhile Quality Care India.

• SBI raised $200 million through senior unsecured floating-rate notes.

• HCL Technologies also approved the appointment of Jacob Christian Dahl as an Independent Director.

• Adani Enterprises and Jabil announced a strategic alliance for AI data centre infrastructure in India.

• Route Mobile approved acquisition of Heltar Technologies' AI-led omnichannel business through its subsidiary.

• NHPC resumed commercial operations of two 170 MW units at the Teesta-V power station in Sikkim.

• RailTel received a Rs 15.77 crore order from Munitions India, while EMS emerged as the lowest bidder for a Rs 105.82 crore sewerage project.

• GIC Re will be in focus as the government launches an OFS of up to 5% stake.

• Zee Entertainment received RBI approval to redeem FCCBs worth $23.9 million and cancel the remaining $215.1 million commitment.

• Kalyani Steels said it is seeking revocation of a CPCB closure order for its Koppal plant.

• Gujarat Themis settled arbitration proceedings against Optimus Drugs.

• TVS Motor's board will meet on July 21 to consider raising Rs 1,000 crore via NCDs.

• Jaykay Enterprises approved a rights issue of up to Rs 155 crore.

• HCLTech reported Q1 revenue of Rs 34,579 crore, up 1.75% QoQ from Rs 33,981 crore.

• Net profit increased 3.03% QoQ to Rs 4,624 crore, while EBIT rose 3.75% to Rs 5,831 crore.

• EBIT margin improved to 16.86% from 16.53% in the previous quarter, up 39 basis points.

• Constant currency revenue declined 0.5% QoQ, compared with a 3.3% decline in Q4.

• Advanced AI revenue stood at $171 million, up 10.6% QoQ and 62.1% YoY in constant currency terms.

• Total contract value (TCV) came in at $2.4 billion, compared with $1.93 billion in Q4, marking the company's highest-ever Q1 booking.

• HCLTech plans to invest up to Rs 3,500 crore in its data centre business, with potential to scale capacity to 50 MW.

• Nuvoco Vistas reported a 20% rise in consolidated net profit to Rs 160 crore from Rs 133 crore a year ago.

• Revenue increased 8.9% to Rs 3,129 crore from Rs 2,873 crore.

• EBITDA rose 9.6% to Rs 568 crore from Rs 519 crore in the corresponding quarter last year.

• EBITDA margin improved marginally to 18.2% from 18.1%.

• The company also said it incurred a one-time loss of Rs 48 crore in Q4 FY26.

• Asian markets opened lower after higher crude oil prices weighed on sentiment.

• Japan's Nikkei 225 fell 1.17%, while the Topix declined 0.51%.

• South Korea's Kospi dropped 2.01%, and the Kosdaq lost 1.8%.

• Australia's S&P/ASX 200 also traded in the red.

• The weakness followed concerns over global oil supplies after US President Donald Trump's comments on shipping through the Strait of Hormuz and Iranian ports.

• Oil prices surged after US President Donald Trump proposed charging ships transiting the Strait of Hormuz and reimposing a blockade on Iranian ports.
• The proposal raised concerns about global oil supplies and renewed geopolitical tensions in the Middle East.
• The development weighed on market sentiment, with investors assessing the potential impact on energy flows and shipping through the key maritime route.
• Higher crude prices added to caution across global markets.

• GIFT Nifty traded at 24,056.50, compared with Monday's Nifty 50 close of 24,211.00.
• The early indicator was about 154.5 points lower than the previous close.