Stock Market Today: Nifty, Sensex End Lower After Trump Tariffs Hit Sentiment; RIL, HDFC Bank Drag

• Rupee closed 17 paise weaker at 87.60 against US Dollar.

• Rupee loses 2.15% in value against US dollar in July

• Rupee posts third consecutive month of decline

• July 2025 was rupee's worst month since September 2022

Source: Cogencis

Key Highlights

• Benchmarks end lower after gaining for the last two sessions.

• Benchmarks Indices slightly Outperformed Broader Market Indices.

• Nifty fell 200 points from the day’s high.

• Nifty faces volatile trading day on Monthly expiry.

• 38 out of 50 stocks decline in Trade.

• Nifty Midcap fell nearly 1% for the day, drag by Indus Towers and IPCA Labs.

• Nifty Smallcap 250 fell 1% for the day, drag by Apar Industries and Aarti Industries.

• All sectoral indices loses in trade barring Nifty FMCG and Media.

Supreme Court has withdrawn its May 2 decision to reject the liquidation of Bhushan Power and Steel and the acquisition scheme of JSW Steel.

The top court has admitted review petition by JSW Steel to hear the matter on Aug. 7.

Maruti Suzuki Ltd. reported a modest rise in standalone net profit in the first quarter of fiscal 2026, which beat street expectations on the back of higher other income.

Non-core income was Rs 1,823 during the quarter, compared to Rs 975 crore.

Maruti Suzuki Q1 Highlights (Standalone, YoY)

• Revenue up 8.1% to Rs 38,414 crore versus Rs 35,531 crore. (Bloomberg estimate: Rs 36,371 crore)

• Net Profit up 2% to Rs 3,712 crore versus Rs 3,6450 crore. (Estimate: Rs 3,075.8 crore)

• Ebitda down 11% to Rs 3,995 crore versus Rs 4,502 crore (Estimate: Rs 3,798.5 crore)

• Margin at 10.4% versus 12.7% (Estimate: 10.4%).