Stock Market Highlights: Nifty Gains 1% This Week, Sensex Ends Above 77,700; PSU Bank Top Losing Sector
The NSE Nifty 50 rose as much as 0.8% to 24,378.15, while the BSE Sensex rose as much as 0.85% or 655 points to 78,127.52.
8 hours ago
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Indian equity benchmarks extended gains for the third consecutive trading session. The NSE Nifty 50 rose as much as 0.8% to 24,378.15, while the BSE Sensex rose as much as 0.85% or 655 points to 78,127.52. The rally was primarily led by the surge in texh shares.
Elsewhere, Asian equities traded mixed on Friday as investors assessed softer U.S. inflation signals alongside persistent weakness in technology stocks. Japan and South Korea remained under pressure despite a record close for the Dow Jones Industrial Average overnight, while Australian shares outperformed regional peers.
Japan's Nikkei 225 fell 0.86% and South Korea's Kospi lost 0.46%. In contrast, Australia's ASX 200 advanced 0.54%.
Overnight, Wall Street delivered a mixed performance. The Dow Jones Industrial Average rose 1.14% to an all-time closing high after weaker-than-expected U.S. labour market data strengthened expectations of a less restrictive Federal Reserve. The S&P 500 ended largely unchanged, while a sell-off in semiconductor stocks dragged the Nasdaq down 0.8%.
In commodities, oil prices eased as crude flows through the Strait of Hormuz continued to normalise and diplomatic engagement between the United States and Iran showed progress. Brent crude traded above $71 a barrel after fluctuating in the previous session, while West Texas Intermediate remained close to $68.
Brent crude is also on track for a fourth straight weekly decline—the longest losing streak since August 2024—as talks in Qatar boosted optimism that the current 60-day ceasefire could pave the way for a more durable peace agreement.
Stock Market Live: That's All For Today!
That's all for today, readers! See you on Monday for another market session as NDTV Profit continues to bring all back-to-back updates from D-Street to keep you ahead of the curve.
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Stock Market Live: Sectors End Week On A Mixed Note
- Nifty PSU Bank & Nifty Bank end in red, while Nifty Oil & Gas & Nifty Auto ended flat.
- Nifty PSU bank was the top losing sector, down over 2.5% this week.
- Nifty PSU bank ended in red for the 2nd week in a row.
- Bank of Baroda was the top losing stock in Nifty PSU Bank this week, down almost 10%.
- Nifty Realty was the top gaining sector this week, up almost 8%.
- Oberoi Realty & Lodha Developers were the top gainers in the real estate segment, both gaining over 10.5% this week.
- Nifty Bank snaps 6 week gaining streak.
- Nifty IT snaps 4 week losing streak.
- Nifty Fin Serv, Nifty Pharma, Nifty Realty ends in green for the 4th week in a row.
Stock Market Live: Broader Market Shows Mixed Performance
- Nifty ends in green this week, gains almost 1%.
- Broader market shows mixed performance this week.
- Nifty midcap 150 saw a growth of over 0.5% this week, underperforming benchmark.
- Oberoi Reatly & Hexaware Tech were the top gainers in Nifty Midcap 150, both gaining over 10% this week.
- Nifty smallcap 250 saw an uptick of over 1.5% this week, outperforming benchmark.
- Aegis Logistics & Zensar Tech were the top gainers in Nifty Smallcap 250, both gaining over 15% this week.
Stock Market Live: Closing Bell
Stock Market Live: Closing Bell
- Nifty closes 0.40%, or 95 points higher at 24,271.20
- Sensex closes 0.34%, or 261 points higher at 77,763.91
Stock Market Live: Air India Signs MoU With SIA Engineering Company Limited (SIAEC)
As per an official statement, Air India has signed an MoU with SIA Engineering Company Limited (SIAEC). The MoU is primarily to explore a collaboration in Maintenance, Repair and Overhaul (MRO). Both companies are set to develop MRO ecosystems in India.
Air India has previously signed two agreements with SIAEC. The first, in February 2024, AI & SIAEC signed components agreement for AI'e A320 fleet. Then, in May 2024, AI & SIAEC signed a partnership for base maintenance at Bengaluru International Airport.
Stock Market Live: AI, Fresher Hiring Drives 6% Growth In White-Collar Jobs
As per InfoEdge's June JobSpeak Report, white-collar hiring rose 6% year-on-year in June, led by a surge in recruitment for AI roles and freshers. Hiring in the AI segment climbed 16%, with demand increasingly shifting towards senior talent as artificial intelligence becomes a core competency area.
Sectorally, insurance hiring jumped 16% year-on-year, while FMCG recruitment rose 7%. Banking was the outlier, with hiring falling 12%, even as fresher recruitment in the telecom sector surged 25%.
Stock Market Live: Sectors Trade Mixed
Stock Market Live: Is Westside The New Zudio?
Is Westside the new Zudio? That's the question Bernstein analysts Jignanshu Gor and Parth Shah put at the centre of their latest note on Trent Limited, and it's a question that would have sounded strange even a few months ago. For three years, they say, the story of Trent has been the story of Zudio. Westside, the company's original department store format, had faded into the background.
That changed at Trent's recent annual general meeting, where management guided for roughly 50 new Westside stores a year, a sharp jump for a chain that opened just 48 stores across the previous three years combined before an unexpected 52 additions in FY26 alone.
Stock Market Live: Max Estates Q1 Business Update
- Pre-sales jump 5x YoY to Rs 1,100 crore
- Sold 487 units across Noida and Gurugram vs 43 units YoY
- Q1 collections stand at Rs 500 crore
- FY27 GDV pipeline pegged at Rs 17,200 crore
Stock Market Live: European Markets Trade Mixed; STOXX 600 Edges Higher
- European markets traded mixed, with the STOXX 600 up 0.03% at 648.54.
- Germany’s DAX rose 0.21%, Spain’s IBEX 35 gained 0.39% and Italy’s FTSE MIB advanced 0.18%. The UK’s FTSE fell 0.27%, while France’s CAC declined 0.19%.
Stock Market Live: Asian Markets End Higher; Kospi Gains Nearly 6%
- Asian markets ended higher on Friday, excluding Nifty, with South Korea’s Kospi leading gains. The Kospi rose 5.76% to 8,088.34.
- Japan’s Nikkei 225 gained 1.47% to 69,744.07, while Hong Kong’s Hang Seng advanced 1.28% to 23,350.03. Australia’s ASX 200 rose 1.37% to 8,844.40, and Shanghai added 0.37% to 4,043.643.
Stock Market Live: Manipal Hospitals Receive SEBI Nod For IPO: Sources
- Temasek-backed Manipal looking to file Updated DRHP shortly
- Aims for IPO by as early as July end
- Manipal Hospitals looking at close to $1 billion issue
- Manipal Hospitals looking at a valuation between $10 billion - $13 billion
- Issue size and valuation subject to change based on deliberations
- Context: BRLMs include Kotak, Axis, Goldman Sachs, Jeffries, JPM, UBS, DBS
- Context: IPO will comprise fresh issue and OFS
Sources
Stock Market Live: Gold, Silver Futures Gain
- MCX silver September futures rose 2.3% to Rs 2.39 lakh per kg.
- MCX gold August futures gained 1.4% to Rs 1.48 lakh per 10 grams.
Stock Market Live: Tata Motors Signs Green Energy Deal For Plants Across Four States
Tata Motors Ltd. has partnered with Welspun Renewable Energy Pvt. Ltd. to develop an 86 MW wind-solar hybrid project that will supply green power to four of the automaker’s manufacturing facilities.
The two companies have entered into a long-term power purchase agreement for the project, which will cater exclusively to Tata Motors’ plants in Jharkhand, Uttar Pradesh, Uttarakhand and Karnataka. These facilities manufacture commercial vehicles.
Stock Market Live: Marathon Group Says Mumbai Property Prices Have Risen Since Covid
- Marathon Group told NDTV Profit that property prices in Mumbai have been rising since Covid-19 and that redevelopment projects are taking place across the city.
- The company said it is focusing on redevelopment projects and will look at new acquisitions in locations where it does not have a presence. It said recently acquired land parcels are long-running projects, while the last few quarters have not shown a strong picture for the industry.
Stock Market Live: Morgan Stanley Expects Titan, Lenskart, Tata Consumer To Rise
- Morgan Stanley expects shares of Vishal Mega Mart, HUL, Tata Consumer, Titan and Lenskart to rise over the next 30–45 days.
- The brokerage retained Overweight ratings on Vishal Mega Mart, Tata Consumer, Titan and Lenskart, with target prices of Rs 146, Rs 1,351, Rs 5,182 and Rs 576, respectively.
- Morgan Stanley expects Jubilant Food and Britannia to fall over the next 30–45 days, while it expects PNB to trade flat. It cited strong jewellery revenue growth for Titan, sustained India business momentum for Tata Consumer and margin improvement for Lenskart.
Stock Market Live: IKIO Technologies Hits Eight-Month High After Two-Day Rally
- IKIO Technologies rose 18% and hit an eight-month high, extending its two-day gain to over 30%.
- The company reported 23% growth in FY26 revenue to Rs 595 crore and 28% growth in profit after tax to Rs 41.6 crore. EBITDA rose 29% to Rs 77.5 crore, while margin improved to 13% from 12.3%.
- IKIO said international business revenue increased 53% year-on-year to Rs 110.1 crore in FY26. The company also acquired an 88% stake in Gravus Tech and will start its hearables and wearables segment from the end of Q1FY27.
Stock Market Live: Emkay Global Cautious On IT Sector Amid AI Uncertainty
- Emkay Global told NDTV Profit that it remains cautious on the IT sector due to uncertainty around the trajectory of AI over the next 10 years.
- It said rupee depreciation may not necessarily lead to higher exports and India should pursue a strong rupee policy. Emkay said India’s macro trends have done fairly well, but it remains worried about current trends in the rupee
Stock Market Live: Macquarie Capital Bullish On HDFC Bank, Axis Bank
- Macquarie Capital told NDTV Profit that it does not see any overriding market theme at present, while dividend yields are at an attractive level.
- It said the earnings growth story is already built into the auto sector and remained bullish on HDFC Bank and Axis Bank. It added that power capital goods stocks may see slower revenue growth, while Korea and Taiwan markets are seeing strong growth.
Stock Market Live: Macrotech Developers, Oberoi Realty Lead Realty Gains
- Macrotech Developers rose 3.54%, while Oberoi Realty gained 2.34% and Phoenix Mills advanced 1.96%, according to NSE data.
- DLF and Godrej Properties also traded higher, rising 1.85% and 1.44%, respectively. Signatureglobal India was the only loser among the stocks shown, down 0.28%.
Stock Market Live: BLS E-Services Says Atyati Acquisition To Add Rs 300 Crore Revenue
- BLS E-Services told NDTV Profit that its acquisition of Atyati Technologies will provide entry into the banking services space and expand its client pool.
- The company said Atyati Technologies provides AI-led banking services and the acquisition is expected to add Rs 300 crore in revenue and Rs 20 crore in profit.
- BLS E-Services said it continues to expect annual growth of 20–25% and is seeing healthy trends despite global challenges. It said there is no impact from the Middle East crisis.
Stock Market Live: INOXGFL Group Says It May Eventually List Inox Clean
- INOXGFL Group’s Devansh Jain told NDTV Profit that the group would eventually look to list Inox Clean and had filed a confidential DRHP last year.
- He said Inox Clean’s balance sheet is now large, with solar manufacturing under the company. Jain said the group is looking at inorganic acquisitions and has completed 10 acquisitions in the last 10 months.
- Jain said the group wants its IPP platform to reach 15 GW capacity and expects EBITDA to move above Rs 20,000 crore. He said multiple bankers are working with the group and it has a strong pipeline ahead.
Stock Market Live: Avenue Supermarts Falls After Q1 Revenue Growth Slows
- Avenue Supermarts shares fell nearly 5% in early trade after the DMart operator reported its Q1FY27 business update.
- The company’s standalone revenue rose about 15% year-on-year to Rs 18,343.49 crore, compared with Rs 15,932.12 crore a year earlier. Revenue growth slowed from 19% in the previous quarter.
- The company had 503 stores as of June 30, after adding three stores during the quarter. Brokerages flagged slower revenue growth, lower store additions and risks from quick-commerce competition.
Stock Market Live: Adani Enterprises Upsizes QIP To Rs 15,000 Crore
- Adani Enterprises increased the size of its qualified institutional placement to Rs 15,000 crore from the base issue size of Rs 10,000 crore after receiving bids worth about Rs 38,000 crore.
- The company indicated an issue price of Rs 2,883 per share, at a 5% discount to the SEBI floor price of Rs 3,034.68 per share.
- The QIP saw participation from global investors and domestic mutual funds. Adani Enterprises plans to use the proceeds to fund capital expenditure for its incubation businesses.
Stock Market Live: Key F&O Levels For Traders
Current options positioning suggests:
- Nifty Support: 24,300
- Nifty Resistance: 24,400
- Bank Nifty Support: 58,000
- Bank Nifty Resistance: 59,000
These remain the key option levels traders are likely to monitor in the current weekly series.
Stock Market Live: PolicyBazaar Tops Fresh Shorts List
PolicyBazaar futures declined while open interest increased sharply, indicating fresh short positions.
Other stocks witnessing fresh short build-up included:
- CG Power
- GVT&D
- Power Grid
- Punjab National Bank
- Marico
- Union Bank of India
- Avenue Supermarts
- Astral
- Suzlon Energy
- Force Motors
- Bank of Baroda
Stock Market Live: Bharti Airtel Among Short-Covering Candidates
Stocks witnessing price gains alongside lower open interest included:
- Bharti Airtel
- Mazagon Dock Shipbuilders
- DLF
- ITC
- Dr Reddy's Laboratories
- Jio Financial Services
- Paytm
- JSW Steel
- PI Industries
- ICICI General Insurance
- Bajaj Finserv
- Wipro
- IEX
- CDSL
The setup indicates short-covering activity.
Stock Market Live: Coal India Leads Long Unwinding
Coal India futures declined while open interest also fell, indicating long liquidation.
Other stocks witnessing long unwinding included:
- Adani Ports
- Larsen & Toubro
- Delhivery
- Titan
- Supreme Industries
- Exide Industries
- Crompton Greaves Consumer
- Force Motors
- Sonata Software
Stock Market Live: ABCapital Tops Fresh Long Build-Up List
AB Capital futures gained 1.82% while open interest increased sharply, placing the stock at the top of the accumulation screen.
Other stocks witnessing fresh accumulation included:
- IDFC First Bank
- Torrent Pharmaceuticals
- VMM
- BDL
- Jindal Steel
- Godrej Consumer Products
- Hindustan Zinc
- Yes Bank
- HAL
- DLF
Stock Market Live: Ambuja Cements, Bajaj Auto Among Stocks With Higher OI
Among stocks shown, notable increases in total derivative open interest include:
- Bajaj Finserv ( 62.47%)
- Apollo Hospitals ( 54.26%)
- Bajaj Auto ( 52.05%)
- Ambuja Cements ( 41.57%)
- Ashok Leyland ( 36.33%)
Stock Market Live: Bajaj Finserv Derivative Participation Strengthens
- Bajaj Finserv has seen total derivative open interest rise 62.47%.
- Call open interest has increased nearly 200%, while Put open interest has risen over 124%.
Stock Market Live: Apollo Hospitals Sees Strong Derivative Build-Up
- Apollo Hospitals has recorded a 54.26% rise in total derivative open interest since the previous expiry.
- Put open interest has increased more than 403%, the highest among the stocks shown.
Stock Market Live: Nifty Fin Service Sees Higher Derivatives Participation
Nifty Fin Service has declined 1.67% since the previous expiry, while total open interest has increased 23.33%.
Stock Market Live: Nifty Mid Select Outperforms Broader Market
Nifty Mid Select has gained 9.22% since the previous expiry, while total derivative open interest has increased 50.61%.
Stock Market Live: Bank Nifty Open Interest Rises Nearly 29%
Bank Nifty has declined 0.17% since the previous expiry, while total derivative open interest has increased 28.92% to 8.93 lakh contracts.
Stock Market Live: Nifty Derivative Open Interest Jumps Nearly 118% Since Previous Expiry
- Nifty has declined 6.19% since the previous expiry, while total derivative open interest has surged 117.79% to 1.04 crore contracts.
- The increase reflects a sharp rise in derivatives positioning despite weakness in the benchmark.
Stock Market Live: Bank Nifty Traders Eye 58,000-59,000 Range
Options positioning currently shows:
- Highest Put OI: 58,000 strike
- Highest Call OI: 58,000 strike
- Strongest fresh Call writing: 59,000 strike
The setup suggests traders expect Bank Nifty to remain within the 58,000-59,000 zone.
Stock Market Live: Fresh Call Writing Surges At 59,000
- The biggest increase in Call open interest was recorded at the 59,000 strike.
- Additional Call writing emerged at 58,500, 58,100 and 58,200, suggesting resistance is shifting higher.
Stock Market Live: Fresh Put Writing Highest At 58,000
- The strongest increase in Put open interest came at the 58,000 strike.
- Fresh Put additions were also visible at 58,100, 58,500 and 58,800, indicating continued support around 58,000.
Stock Market Live: Bank Nifty Call Resistance Seen At 58,000 And 59,000
- The 58,000 strike has the highest Call open interest, while 59,000 remains another significant Call base.
- These levels are likely to act as immediate resistance.
Stock Market Live: Bank Nifty Put Writers Defend 58,000
- The 58,000 strike continues to hold the highest Put open interest at around 13 lakh contracts.
- Fresh Put additions were also concentrated at the strike, reinforcing it as the key support.
Stock Market Live: Nifty Options Positioning Suggests 24,300-24,400 Zone
Current options positioning shows:
- Highest Put OI: 24,300 strike
- Highest Call OI: 24,400 strike
- Strongest fresh Put writing: 24,300 strike
The data indicates traders are positioning for the 24,300-24,400 range in the weekly expiry.
Stock Market Live: Fresh Call Writing Seen At 24,400
- The largest increase in Call open interest came at the 24,400 strike.
- Fresh Call additions were also visible at 24,300, 24,600 and 25,000, signalling resistance on higher levels.
Stock Market Live: Fresh Put Writing Highest At 24,300
- The biggest increase in Put open interest was recorded at the 24,300 strike, where nearly 15 lakh contracts were added.
- Additional Put writing was visible at 24,200, 24,000 and 24,400, indicating traders continue building support around the 24,300 level.
Stock Market Live: Nifty Call Writers Defend 24,400
- The 24,400 strike has the highest Call open interest at around 13 lakh contracts, making it the immediate resistance for the benchmark.
- Call open interest also remains elevated at 24,500, 24,600 and 25,000.
Stock Market Live: Nifty Put Writers Shift Strong Support To 24,300
- The 24,300 strike holds the highest Put open interest with more than 16 lakh contracts in the weekly series.
- Fresh Put writing was also strongest at the same strike, reinforcing it as the key support level.
Stock Market Live: Nestle India Board Declares Rs 2 Special Dividend
Nestle India’s board declared a special dividend of Rs 2 per share, according to an exchange filing.
Stock Market Live: Union Bank Falls After Q1 Update Shows Slower Credit Growth
- Union Bank of India shares fell as much as 7.2% to Rs 161.75, extending losses for a second session, after its Q1 business update showed slower credit growth and a sequential decline in deposits.
- Gross advances rose 12.5% year-on-year to Rs 10.96 lakh crore, while total deposits grew 3.5% to Rs 12.83 lakh crore. CASA deposits increased 11.7% to Rs 4.50 lakh crore.
- Domestic advances rose 13.1% to Rs 10.61 lakh crore, while RAM advances grew 11.6% to Rs 6.08 lakh crore. The bank’s domestic credit-deposit ratio stood at 82.72%.
Stock Market Live: Vedanta Rises, Vedanta Power And Oil & Gas Decline
- Vedanta rose 1.67%, while Vedanta Iron and Steel gained 1.45% and Vedanta Aluminium advanced 0.39%, according to NSE data.
- Vedanta Power fell 5.02%, while Vedanta Oil and Gas declined 3.36%.
Stock Market Live: HCL Tech, Zensar Lead Gains In IT Stocks
- HCL Technologies rose 4.50%, while Zensar Technologies gained 4.10% and Persistent Systems advanced 2.68%, according to NSE data.
- Wipro, Sonata Software, Birlasoft, TCS, Coforge and Infosys also traded higher. Fractal Analytics fell 1.18%, while Tech Mahindra and Hexaware Technologies traded lower.
Stock Market Live: ICICI Bank, HDFC Bank Lead Nifty Gains
- ICICI Bank was the top contributor to Nifty 50 gains, adding 31.61 points, followed by HDFC Bank at 27.22 points.
- Bharti Airtel, HCLTech and Infosys added 12.87 points, 12.26 points and 10.42 points, respectively.
- M&M was the biggest drag, pulling the index down by 4.58 points. SBI, Adani Enterprises, NTPC and Adani Ports also weighed on the index.
Stock Market Live: Nifty IT Leads Sectoral Gains; PSU Bank, Energy Decline
- Nifty IT rose 2.41%, leading gains among sectoral indices, according to NSE data. Nifty Metal gained 1.47%, while Nifty Media and Nifty FMCG rose 0.73% each.
- Nifty Pharma, Defence, Financial Services, Realty, Consumption and Rural also traded higher. Nifty PSU Bank fell 0.70%, while Nifty Energy declined 0.69% and Nifty Auto slipped 0.15%.
Stock Market Live: Nifty Above 24,400, Sensex Surges Over 650 Points
- The NSE Nifty 50 rose as much as 0.8% to 24,378.15.
- The BSE Sensex rose as much as 0.85% or 655 points to 78,127.52
Stock Market Live: Nifty, Sensex Rise In Pre-Open Trade
- Nifty 50 rose 199.95 points, or 0.83%, to 24,375.65 in pre-open trade.
- Sensex gained 650.22 points, or 0.84%, to 78,152.34.
Stock Market Live: Rupee Opens Higher Against US Dollar
- The Indian rupee opened higher against the US dollar on Friday.
- The local currency appreciated as much as 19 paise to 95.19 against the greenback.
Stock Market Live: Bliss GVS, Vedanta Iron And Steel, Aegis Logistics See Trading Tweaks
- Bliss GVS Pharma and Vedanta Iron and Steel will see their price bands revised to 5% from 10%. Aegis Logistics’ price band has been changed to 10% from 20%.
- Aegis Logistics has been shortlisted under the Long-Term ASM Framework.
- Aegis Logistics, EMS, Kirloskar Industries, Kirloskar Pneumatic Company, NACL Industries, Sika Interplant Systems and VA Tech Wabag will be excluded from the ASM Framework.
Stock Market Live: AWL Agri, Cantabil Retail Among Bulk Deals
- AWL Agri Business saw Australiansuper sell 1.65 crore shares at Rs 180.14 apiece, while ICICI Prudential Mutual Fund bought 1.30 crore shares at Rs 180.10 apiece.
- Think India Opportunities Master Fund sold 9 lakh shares of Cantabil Retail at Rs 252 apiece. In Prakash Industries, Badjate Stock Broking bought 8.98 lakh shares, while Marwadi Chandarana Intermediaries Brokers sold the same quantity at Rs 139.11 apiece.
- Among insider trades, Fusion Finance promoter Devesh Sachdev sold 2.71 lakh shares, while Capillary Technologies International sold 5.86 lakh shares of Capillary Technologies India. Paradeep Phosphates promoter Zuari Maroc Phosphates bought 3.28 lakh shares, while Confidence Petroleum promoter group entity Confidence LPG Bottling bought 28 lakh shares.
Stock Market Live: Citi Sees Over Rs 30,000 Crore Combined Q1 Loss For OMCs
- Citi said the national service obligation borne by oil marketing companies is likely to reflect in their Q1FY27 earnings.
- The brokerage estimates a combined net loss of over Rs 30,000 crore for OMCs, with 7–15% net worth erosion.
- Citi said this could support an extended pause in both excise duties and auto fuel retail prices, allowing OMCs to recoup earlier losses. It said OMCs offer favourable risk-reward over the coming months.
Stock Market Live: Supreme Industries, Nestlé, CreditAccess Grameen To Hold AGMs Today
- Supreme Industries, Nestlé India, CreditAccess Grameen, CARE Ratings, DCB Bank and Alkyl Amines will hold their annual general meetings today.
Stock Market Live: Gujarat Kidney, Sambhv Steel Lock-In Periods End
- Gujarat Kidney & Super Speciality’s six-month lock-in period ends for 10 lakh shares, representing 0.6% of total outstanding shares.
- Sambhv Steel Tubes’ six-month lock-in period ends for 2.8 crore shares, representing 9% of total outstanding shares.
Stock Market Live: Citi Expects Consumer Staples Growth To Stay Strong In Q1
- Citi expects Indian consumer staples companies to report another quarter of improving performance in Q1, with volume growth staying resilient despite 2–5% price hikes.
- The brokerage said easing commodity costs may limit the need for further price increases and support demand into the second half. It prefers food and beverages over home and personal care.
- Citi’s top Buy calls are Tata Consumer, Godrej Consumer and Britannia, while its top Sell calls are ITC, Colgate India and United Breweries.
Stock Market Live: Marico, Adani Enterprises, Mphasis Among Stocks In News
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Marico reported strong double-digit volume growth in India and sustained momentum in international markets. The company expects revenue growth in the early twenties and strong profit growth, supported by softer copra prices.
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Adani Enterprises signed an MoU with IHC Group’s IRH to develop a Rs 1.08 lakh crore integrated aluminium project in Odisha through a 50:50 joint venture. The company also opened its QIP on July 2 at a floor price of Rs 3,034.68 per share.
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Mphasis reappointed Nitin Rakesh as Chief Executive Officer and Managing Director for five years, while Aster DM Healthcare appointed Varun Khanna as MD and Group CEO.
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Avenue Supermarts reported Q1FY27 standalone revenue growth of 15.13% year-on-year to Rs 18,343.49 crore, with its store count rising to 503.
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BPCL’s step-down arm BPRL Ventures BV acquired the remaining 39.14% stake in Brazil-based IBV Brasil Petroleo Limitada for Rs 2,312 crore, taking its holding to 100%.
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BLS E-Services completed the acquisition of Atyati Technologies for Rs 156.82 crore, while Manorama Industries raised about Rs 500 crore through a QIP.
Stock Market Live: Ujjivan SFB Q1 Loan Book Rises 28.9%, Deposits Grow 25.1%
- Ujjivan Small Finance Bank reported 28.9% year-on-year growth in gross loan book at Rs 42,903 crore in Q1FY27. Its secured book crossed 50% of the total loan book.
- Total deposits rose 25.1% to Rs 48,307 crore, while CASA deposits grew 37.8%. Disbursements increased 41.5% to Rs 9,252 crore, led by FIG, gold loans and vehicle loans.
- The bank said GNPA improved to 2.17% from 2.52% a year ago. Micro banking collection efficiency stood at 99.68%.
Stock Market Live: Brokerages Split On M&M Finance After Q1 Update
- Morgan Stanley maintained Equal-weight on M&M Finance with a target price of Rs 325. It said asset quality performance was good, while loan growth remained muted.
- Citi maintained Buy with a target price of Rs 380. It said disbursements accelerated and AUM growth sustained at 12% year-on-year.
- Morgan Stanley said valuations appear full as ROE may remain below 15% even in FY28. Citi said liquidity remains robust, while GS3 and GS2 assets were stable in a seasonally weak quarter.
Stock Market Live: UCO Bank Q1 Business Rises 15.5%
- UCO Bank reported 15.5% year-on-year growth in total business at Rs 6.05 lakh crore in Q1FY27.
- Total advances rose 21.3% to Rs 2.73 lakh crore, while total deposits increased 11% to Rs 3.32 lakh crore.
- Domestic advances grew 22.5% to Rs 2.45 lakh crore and domestic deposits rose 12.1% to Rs 3.14 lakh crore. The credit-deposit ratio improved to 82.15% from 75.38% a year ago.
Stock Market Live: Equitas SFB Q1 Advances Rise 26.7%, Deposits Grow 10.4%
- Equitas Small Finance Bank reported 26.7% year-on-year growth in gross advances at Rs 47,653 crore as of June 2026.
- Microfinance and micro loans rose 70.2% to Rs 6,019 crore, while non-microfinance and micro loans grew 22.2% to Rs 41,634 crore.
- Total deposits increased 10.4% to Rs 48,976 crore. CASA deposits fell 5.5% to Rs 12,307 crore, while the CASA ratio stood at 25% compared with 29% a year ago. Cost of funds declined to 7.05% from 7.49%.
Stock Market Live: Brokerages Flag Weak Q1 For Avenue Supermarts
- Citi maintained Sell on Avenue Supermarts with a target price of Rs 3,650, citing risks to same-store sales growth and earnings from quick-commerce competition.
- Morgan Stanley maintained Overweight with a target price of Rs 5,083, but said Q1 growth was weak and below expectations after a good Q4.
- Macquarie maintained Underperform with a target price of Rs 3,100, while Goldman Sachs maintained Sell with a target price of Rs 4,000. Both brokerages said Q1 sales growth was disappointing, with store additions below expectations.
Stock Market Live: Bajaj Housing Finance AUM Rises To Rs 1.50 Lakh Crore In Q1
- Bajaj Housing Finance reported gross disbursement of Rs 19,500 crore in Q1FY27, compared with Rs 17,506 crore a year earlier.
- Assets under management stood at Rs 1.50 lakh crore as of June 2026, compared with Rs 1.20 lakh crore in June 2025. AUM increased by about Rs 8,904 crore during Q1FY27.
- Loan assets stood at Rs 1.31 lakh crore as of June 30, 2026, compared with Rs 1.06 lakh crore in June 2025.
Stock Market Live: JLR Q1 Wholesales Fall 9.2%, Retail Sales Drop 15.3%
- Tata Motors’ JLR subsidiary reported a 9.2% year-on-year decline in Q1FY27 wholesales at 79,300 units.
- Retail sales fell 15.3% year-on-year to 80,000 units. Volumes were impacted by supply disruptions and the Jaguar model transition.
- The mix of Range Rover, Range Rover Sport and Defender improved to 80.8% from 77.2% a year earlier.
Stock Market Live: M&M Financial Q1 Disbursements Rise 21%
- Mahindra & Mahindra Financial Services said Q1FY27 disbursements rose about 21% year-on-year to Rs 15,560 crore.
- Business assets increased about 12% to Rs 1.37 lakh crore, while collection efficiency remained stable at 95%.
- Stage-3 assets are estimated at 3.4–3.5%, compared with 3.8% a year ago. Stage-2 assets are estimated at 4.9–5.0%, compared with 5.9% a year ago. The company said its liquidity chest exceeded Rs 14,600 crore.
Stock Market Live: Coal India Q1 Supplies Rise 3.5%
- Coal India reported 3.5% year-on-year growth in total coal supplies at 197.7 MT in Q1FY27.
- Power sector coal supplies rose 1.8% to 154.75 MT, while non-regulated sector supplies grew 10% to 43.1 MT.
- Coal dispatch through FMC infrastructure increased 23% to 66.76 MT. The company liquidated 28.3 MT of pithead coal stock during the quarter.
Stock Market Live: Brokerages Raise Marico Targets After Q1 Update
- Morgan Stanley maintained Overweight on Marico with a target price of Rs 934, while JPMorgan retained Overweight with a target price of Rs 900. Macquarie maintained Outperform with a target price of Rs 890, and Goldman Sachs retained Buy with a target price of Rs 900.
- The brokerages said Marico’s Q1 update was better than expected, with volume growth accelerating to double digits. They said growth was led by Parachute Coconut Oil, value-added hair oils and newer segments.
- JPMorgan expects high-teens EBITDA growth, while Macquarie expects about 15% EBITDA growth in Q1. Morgan Stanley said inflation and the impact of El Niño on the monsoon remain key monitorables.
Stock Market Live: Punjab National Bank Q1 Deposits Rise 8.52%, Advances Grow 12.85%
- Punjab National Bank reported 8.52% year-on-year growth in global deposits at Rs 17.25 lakh crore in Q1FY27. Domestic deposits rose 8.63% to Rs 16.70 lakh crore.
- Global advances increased 12.85% to Rs 12.75 lakh crore, while domestic advances grew 11.74% to Rs 12.06 lakh crore.
- The global credit-deposit ratio improved to 73.92% from 71.09% a year ago.
Stock Market Live: CSB Bank Deposits Rise 26% In Q1FY27
- CSB Bank reported 26% year-on-year growth in deposits at Rs 45,415 crore in Q1FY27.
- CASA deposits rose 4% to Rs 8,815 crore, while term deposits increased 33% to Rs 36,600 crore.
- Gross advances grew 24% year-on-year to Rs 40,866 crore. Gold loan advances rose 47% to Rs 21,906 crore.
Stock Market Live: Hindustan Zinc Mined Metal Output Rises 1% In Q1FY27
- Hindustan Zinc reported 1% year-on-year growth in mined metal production at 268 kt in Q1FY27.
- Saleable metal production rose 4% to 260 kt. Refined zinc output increased 6% to 213 kt, while refined lead production fell 2% to 47 kt.
- Silver production remained stable at 149 tonnes. Wind power generation stood at 133 million units, broadly in line with seasonal conditions.
Stock Market Live: Bajaj Finance AUM Rises 24% In Q1FY27
- Bajaj Finance said assets under management rose 24% year-on-year to about Rs 5.47 lakh crore in Q1FY27. AUM increased by about Rs 36,900 crore during the quarter.
- The company’s customer franchise rose to 12.44 crore, with 51 lakh customers added during Q1FY27. New loans booked grew 20% year-on-year to 1.61 crore, while the deposits book stood at about Rs 68,500 crore as of June 30.
Stock Market Live: Hindustan Zinc Mined Metal Output Rises 1% In Q1FY27
- Hindustan Zinc reported 1% year-on-year growth in mined metal production at 268 kt in Q1FY27.
- Saleable metal production rose 4% to 260 kt. Refined zinc output increased 6% to 213 kt, while refined lead production fell 2% to 47 kt.
- Silver production remained stable at 149 tonnes. Wind power generation stood at 133 million units, broadly in line with seasonal conditions.
Stock Market Live: Bajaj Finance AUM Rises 24% In Q1FY27
- Bajaj Finance said assets under management rose 24% year-on-year to about Rs 5.47 lakh crore in Q1FY27. AUM increased by about Rs 36,900 crore during the quarter.
- The company’s customer franchise rose to 12.44 crore, with 51 lakh customers added during Q1FY27. New loans booked grew 20% year-on-year to 1.61 crore, while the deposits book stood at about Rs 68,500 crore as of June 30.
Stock Market Live: GSP Crop Science Reports Ransomware Incident
- GSP Crop Science said it experienced a cybersecurity incident affecting non-core IT systems, according to an exchange filing.
- The company said the incident involved ransomware and restoration work is underway. It is investigating the scope and root cause of the incident.
- GSP Crop Science said there was no material financial impact or operational loss due to the incident.
Stock Market Live: Oil Prices Ease As Hormuz Crude Flows Normalise
- Oil prices eased as crude flows through the Strait of Hormuz continued to normalise and US-Iran diplomatic talks showed progress.
- Brent crude traded above $71 a barrel, while West Texas Intermediate stayed near $68. Brent is on track for a fourth straight weekly decline, its longest losing streak since August 2024, as talks in Qatar raised expectations that the 60-day ceasefire could support a longer-term agreement.
Stock Market Live: Dow Hits Record Close, Nasdaq Falls On Semiconductor Losses
- Wall Street ended mixed overnight. The Dow Jones Industrial Average rose 1.14% to an all-time closing high after weaker-than-expected US labour market data supported expectations of a less restrictive Federal Reserve.
- The S&P 500 ended little changed, while the Nasdaq fell 0.8% as semiconductor stocks declined.
Stock Market Live: Asian Markets Trade Mixed As Tech Weakness Weighs
- Asian equities traded mixed on Friday as investors assessed softer US inflation signals and continued weakness in technology stocks.
- Japan’s Nikkei 225 fell 0.86%, while South Korea’s Kospi lost 0.46%. Australia’s ASX 200 advanced 0.54%, outperforming regional peers.
Stock Market Live: GIFT Nifty Signals Higher Start For Nifty
- GIFT Nifty traded at 24,421 ahead of Friday’s session, compared with Thursday’s Nifty 50 close of 24,175.70.
- The level indicated a higher start for Indian equities.
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