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ensex Today, Nifty 50 | Stock Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 30 July 2026.
Indian equity markets traded cautiously in lacklustre trade on Thursday amid mixed global cues, a divided US Federal Reserve and renewed geopolitical tensions in West Asia.
At 1.14 pm, the Sensex was up 44.91 points, or 0.06%, at 77,699.51, while the Nifty 50 gained 13.40 points, or 0.06%, to 24,263.60.
Nifty IT emerged as the top-performing sector on Thursday, climbing 1.35% to 31,543.45 as broad-based buying lifted almost all frontline technology stocks. Persistent Systems led the gains with a 2.76% rise, followed by Wipro (2.63%), Coforge (2.40%), Tech Mahindra (2.18%) and Infosys (1.52%). HCLTech, LTIMindtree, Mphasis and TCS also traded in the green, while Oracle Financial Services Software (OFSS) was the lone laggard, slipping 1.07%. The rally in IT stocks came despite mixed global cues, with investors betting on resilient earnings and improving demand outlook for the sector.
Elevated crude oil prices remain a key concern as they could stoke inflation, widen the current account deficit and pressure the rupee. Wall Street ended lower ahead of major technology earnings, while Asian markets traded with a modest positive bias.
Analysts believe domestic markets will continue to find support from sustained FPI inflows, a stable rupee and the ongoing Q1 earnings season.
Track today’s Q1 Results Live here
Long-term market trends continue to favour companies delivering strong sales growth and high return on equity, with quality stocks outperforming since mid-2024.
Meanwhile, derivatives indicators remain constructive, with India VIX easing to 12.01, strong put writing around 24,200 and a Put-Call Ratio of 1.17, reflecting improving investor confidence despite global uncertainties.
Nifty 50
- Top gainers: Eicher Motors (+1.68%), Maruti (+1.68%), Coal India (+1.65%), ONGC (+1.54%)
- Top losers: Adani Ports (-3.24%), HDFC Life (-1.73%), Shriram Finance (-1.64%), Asian Paints (-0.91%)
Markets at 3:00 p.m.
▲ Sensex: +84.56 pts (+0.11%) | 77,739.16▲ Nifty 50: +32.35 pts (+0.13%) | 24,282.55
- July 30, 2026 15:57
REC arm hands over two power transmission projects to bidders
REC on Thursday said its arm REC Power Development and Consultancy (RECPDCL) has handed over two electricity transmission projects to their respective bidders for execution.
- July 30, 2026 15:51
Swiggy reported a standalone PAT of ₹350 crore in Q1FY27 as against ₹991 crore loss in Q1FY26. On a consolidated basis, the loss narrowed to ₹791 crore in Q1FY27, as against ₹1,197 crore in Q1FY26.
- July 30, 2026 15:51
Vedanta Ltd’s profit in the first quarter stood at ₹5,294 crore, up 152% YoY
Vedanta Ltd’s profit in the first quarter ended June 30, 2026, was at ₹5,294 crore, up 152% YoY. Revenue was at ₹23,456 crore, up 51% YoY
EBITDA of ₹8,469 crore, up 98% YoY, at ~57% margin (+985 bps YoY)
Combined market cap of demerged entities up by at ₹71,000 crore in the quarter
Net debt-to-EBITDA at 0.3 times, best-in-class in industry
Credit rating upgraded to ‘AA+/Stable’ by CRISIL and ICRA
Q1 FY27 Free Cash Flow (pre-capex) at ₹4,412 crore
ROCE at 29%, reflecting disciplined capital allocation
Cash & Cash Equivalents at ₹19,992 crore indicating strong liquidity
Growth capex of ₹1,148 crore in Q1 FY27
- July 30, 2026 15:48
Veritas Finance files DRHP with SEBI for an IPO
Veritas Finance Ltd, a diversified, retail-focused non-deposit taking NBFC registered with the Reserve Bank of India, under the scale-based regulations of the RBI, classified as an ‘NBFC-Middle Layer’ has filed its DRHP with SEBI for an IPO.
Established in 2015, Veritas Finance primarily provides small business loans to micro, small and medium enterprises and self-employed individuals, and over the years, has expanded its business to include home loans and used commercial vehicle loans. As of March 31, 2026, the company’s loans (AUM) aggregated to ₹9,134.2 crore, growing at a CAGR of 26.33% for the period between FY24 to FY26. The company posted a profit of ₹ 330.3 crore for the year FY26, growing at a CAGR of 16.11% for the period between FY24 to FY26. Its disbursements grew to ₹4,579.5 crore for the year FY26 at a CAGR of 11.22% for the period between FY24 to FY26.
The offer comprises of a fresh issue of equity shares aggregating up to ₹900 crore and an Offer for Sale (OFS) of up to 12,827,093 equity shares by the selling shareholders. The face value of each equity share is ₹10.
The company proposes to utilise the net proceeds to augment its capital base for meeting future business requirements and supporting onward lending.
The Company, in consultation with the BRLMs, may consider a Pre-IPO Placement of Specified Securities aggregating up to ₹ 180 crore, as may be permitted under applicable law, at its discretion, prior to filing of the Red Herring Prospectus with the RoC. The Pre-IPO Placement, if undertaken, will be at a price to be decided by the company, in consultation with the BRLMs. If the Pre-IPO Placement is completed, the amount raised pursuant to the Pre-IPO Placement will be reduced from the fresh issue.
- July 30, 2026 15:44
Bajaj Finance reported 29.3% y-o-y increase in standalone PAT at ₹5345.52 crore in Q1FY27 as against ₹4,133.08 crore in Q1FY26.
- July 30, 2026 15:43
Sensex settled 273.55 pts or 0.35% positive at 77,928.15, Nifty 50 was up 66.95 pts or 0.28% to 24,317.15.
- July 30, 2026 15:42
Investec selects Infosys Finacle SaaS Platform on Microsoft Azure for Digital Banking Transformation
- July 30, 2026 15:34
Mankind Pharma reported standalone PAT of ₹558.49 crore in Q1FY27 as against ₹415.27 crore in Q1FY26.
Board approved the issuance of corporate guarantee in favour of Bharat Serums and Vaccines Limited (“BSV”), a wholly owned subsidiary company.
- July 30, 2026 15:33
Hyundai Motor India reported 34% y-o-y decline in Q1FY27 standalone profit to ₹8,831.20 crore as against ₹13,357.53 crore in Q1FY26.
- July 30, 2026 15:33
Arboreal Raises ₹230 Crore Series A to Scale India’s Next-Generation Ingredient Technology Platform
- July 30, 2026 15:33
RAI and Google Collaborate to Accelerate Digitisation Among India's Small and Medium Retailers
- July 30, 2026 15:33
IRB Infra reports YoY rise of Approx. 51% in Net Profit in Q1FY27
- July 30, 2026 15:32
ICRA Limited announced its results for the first quarter ended June 30, 2026, on July 30, 2026.
Consolidated revenue from operations increased by 31.2% to ₹ 163.4 crore for the first quarter ended June 30, 2026, compared to ₹ 124.5 crore in the corresponding quarter of the previous year,
- July 30, 2026 15:28
PNGS Reva Diamond Jewellery Reports Strong Q1 FY27 Performance with Revenue Growth of 119% and PAT Surges 265% on YoY basis
- July 30, 2026 15:19
Catch the latest Q1 updates
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- July 30, 2026 15:17
Vedanta announced the appointment of Mr Arun Misra as Chief Executive Officer of the company w.e.f. August 01, 2026
- July 30, 2026 15:14
Akme Fintrade (India) Limited AUM crosses Rs. 950 crores in Q1-FY27
- July 30, 2026 15:09
Ajanta Pharma Q1 results: PAT rises 31% to ₹334 cr
- July 30, 2026 15:08
Apollo Pipes reported a standalone net loss of ₹4.4 crore in Q1FY27 as against ₹8.11 crore profit in Q1FY26.
Shares declined 2.5% to ₹487.60 on the NSE.
- July 30, 2026 14:59
ArcelorMittal net income falls 62% to $683 mn
- July 30, 2026 14:55
UGRO Capital arm GROx targets ₹5,000 cr AUM
- July 30, 2026 14:53
NLC India arm NIRL to set up 900 MW solar power project
- July 30, 2026 14:40
Ajanta Pharma reported standalone PAT of ₹315.47 crore (up 23.7%) as against ₹254.97 crore in Q1FY26.
- Board approved 1st interim dividend for FY 2027. Each share of Rs. 2 face value will receive a dividend of Rs. 32, amounting to Rs. 400 cr. Record date is August 5, 2026.
- Shares surged 3% to Rs 3501.20 on the NSE.
- July 30, 2026 14:39
Deepak Fertilisers & Petrochemicals Q1 net profit doubles to ₹490 cr
- July 30, 2026 14:35
Vedanta Aluminium Metal’s standalone PAT jumped to ₹4641 crore in Q1FY27 as against ₹1390 crore in Q1FY26.
- Consolidated PAT zoomed to ₹6597 crore.
- Shares traded at ₹439.05 on the NSE.
- July 30, 2026 14:35
Filatex India announced incorporation of Step-down Wholly Owned Subsidiary in Spain
- July 30, 2026 14:28
Govt empanels 16 third party testing agencies for Coal Exchange
- July 30, 2026 14:27
Prestige Estates Q1 profit down 19% to ₹236 cr
- July 30, 2026 14:26
IRFC reported PAT of ₹1,927.21 crore, up 10.4% from ₹1,745.69 crore in Q1FY26.
Shares traded at ₹88.11 on the NSE, down 1%
- July 30, 2026 14:23
SBI has raised ₹4,691 crore Non-convertible, Taxable, Perpetual, Unsecured, Fully Paid-up Basel III compliant Additional Tier 1 Bonds in the nature of debentures
Face value ₹1 crore each at a coupon of 7.75%
- July 30, 2026 14:22
PSP Projects reported standalone PAT of ₹15.16 crore in Q1FY27 as against ₹21.15 crore in March 2026 quarter and ₹18.93 lakh in Q1FY26.
Shares were down 6% to ₹966.50 on the NSE.
- July 30, 2026 14:19
Mahanagar Gas reported standalone PAT of ₹193.70 crore in Q1FY27 as against ₹319.56 crore in Q1FY26.
Shares traded at ₹1,140.70 on the NSE.
- July 30, 2026 14:15
Texmaco Rail & Engineering is in receipt of Order worth Rs. 0.74 Crore from South Western Railway
Shares traded at ₹110.28 on the NSE.
- July 30, 2026 13:42
ICRA reported 16.4% y-o-y increase in Q1FY27 profit at ₹35.09 crore as against ₹30.15 crore in Q1FY26.
Shares were up 1% to ₹4,838.50 on the NSE.
- July 30, 2026 13:39
Moneyboxx Finance crosses Rs 10 crore in Renewable Energy (Solar) Loan disbursement; Targets10% of AUM from Solar Loans in FY27
- July 30, 2026 13:39
Go Fashion (India) reported 35% decline in Q1FY27 profit at ₹16.49 crore as against ₹22.26 crore in Q1FY26
Shares down 2% to ₹316.70 on the NSE.
- July 30, 2026 13:36
Maruti Suzuki commenced commercial production at the fourth plant of its manufacturing facility at Hansalpur, Gujarat with a capacity of 250,000 units per annum, w.e.f. 30th July 2026.
Shares flat AT ₹13,912 on the NSE.
- July 30, 2026 13:36
IRB Infrastructure Developers’ standalone profit in Q1FY27 stood at ₹269.52 crore as against ₹139.8 crore in Q1FY26.
- Declared interim dividend of ₹0.05 per share.
- Shares traded at ₹20.44 on the NSE.
- July 30, 2026 13:35
Deepak Fertilizers reported standalone PAT of ₹68.34 crore in Q1FY27 as against ₹86.85 crore in Q1FY26.
Shares declined to ₹1,598.40 on the NSE.
- July 30, 2026 13:30
Westlife Foodworld Q1 PAT drops 57% to ₹6.22 crore; shares flat at ₹489.30 on NSE
WESTLIFE FOODWORLD reported standalone PAT of ₹6.22 crore in Q1FY27 (down 57%) as against ₹14.52 crore in Q1FY26.
Shares traded flat at ₹489.30 on the NSE.
- July 30, 2026 13:29
LT Foods Q1 PAT jumps 90% to ₹70.15 crore; shares rise 3% to ₹390.10 on NSE
LT Foods posted a 89.6% jump in standalone PAT of ₹70.15 crore in Q1FY27 as against ₹36.98 crore in Q1FY26.
Shares soared 3% to ₹390.10 on the NSE.
- July 30, 2026 13:26
Mahindra & Mahindra Q1 profit rises 7% as SUV, tractor demand drives revenue
- July 30, 2026 13:11
Mahindra & Mahindra Q1 standalone PAT up 7% to ₹3,685 crore, consolidated PAT jumps 37%; board approves merger of Mauritius arm; shares surge 3% to ₹3,312.40
Mahindra & Mahindra posted 7% increase in standalone PAT of Rs 3,684.97 crore in Q1FY27 as against Rs 3,449.84 crore in Q1FY26.
Consolidated PAT increased 37% y-o-y to Rs 5,997.56 crore in the quarter under review.
Board approved Scheme of Merger by absorption of Mahindra Investment Company (Mauritius) Limited, a wholly owned subsidiary of the Company (“Transferor Company”), with the Company (“Transferee Company”) and their respective shareholders.
Shares surged 3% to Rs 3,312.40 on the NSE.
- July 30, 2026 13:07
Thangamayil Jewellery hits 10% lower circuit at ₹5,807 despite Q1 profit of ₹85.1 crore
Thangamayil Jewellery shares fell further by 10% to ₹5,807 on the NSE, at a new lower circuit, from the previous close of ₹6,452.
It reported Rs 85.09 crore profit in Q1FY27
- July 30, 2026 13:07
Follow Q1 live updates here
Q1 Results 30th July Live: Bajaj Finance, M&M, Tata Steel, Gillette, Vedanta, Torrent Pharma, Hyundai Motor, IRFC, Swiggy, NSDL, Niva Bupa, Mankind Pharma, Mazagon Dock, Thermax, Ajanta Pharma, Nuvama Wealth to announce Q1 results, Adani Ports, Asian Paints, Colgate, Waaree, Dabur shares down; Eicher Motors, V-Guard, Redington gain after Q1
Q1 Results Today, 30th July 2026 Live Updates: Get real-time Q1 FY27 earnings updates, profit growth, revenue numbers and management outlook from Saven Technologies, Aarcon Facilities, Aarti Industries, Archean Chemical Industries, Anlon Healthcare, Ajanta Pharma, Alivus Life Sciences, Anka India, Aplab, Apollo Pipes, Arihants Securities, AWL Agri Business, Bajaj Finance, Basant Agro Tech India, Belding India, Best Agrolife, Burnpur Cement, Carnation Industries, Chambal Fertilisers & Chemicals, CHL, Colinz Laboratories, Cura Technologies, Data Patterns (India), Deepak Fertilisers & Petrochemicals Corporation, De Nora India, GNG Electronics, Epsom Properties, Exide Industries, Filatex India, GHCL Textiles, Gillette India, Gujarat Lease Financing, Go Fashion (India), Gothi Plascon India, Hester Biosciences, Honda India Power Products, Hyundai Motor India, ICRA, India Finsec, Indegene, International Combustion India, IRB Infrastructure Developers, Indian Railway Finance Corporation, Jai Mata Glass, Jasch Industries, JBM Auto, Jasch Gauging Technologies, Josts Engineering Company, Jumbo Bag, Kabra Extrusiontechnik, Kalind, Kamadgiri Fashion, Kartik Investments Trust, Kush Industries, LIC Housing Finance, LT Foods, Mahindra & Mahindra, Madhav Infra Projects, Mallcom (India), Mankind Pharma, Maral Overseas, Mazagon Dock Shipbuilders, Global Health, Mahanagar Gas, Niva Bupa Health Insurance Company, National Securities Depository, Nucleus Software Exports, Nuvama Wealth Management, Oriental Aromatics, OCCL, Oil Country Tubular, Paushak, Prabha Energy, Pricol, Privi Speciality Chemicals, PSP Projects, Quick Heal Technologies, RailTel Corporation of India, Rainbow Children’s Medicare, Rajnish Retail, Saboo Sodium Chloro, Satin Creditcare Network, Saint Gobain Sekurit India, Shashank Traders, Silver Touch Technologies, Siyaram Silk Mills, Spectrum Foods, South India Paper Mills, Swiggy, Tata Steel, Transport Corporation of India, Thermax, Torrent Pharmaceuticals, Updater Services, Ujaas Energy, Vedanta Aluminium Metal, Vapi Enterprise, Vedanta, Vertex Securities, Vinyl Chemicals (India), Vinyoflex, Vardhman Textiles, Walchand Peoplefirst, Westlife Foodworld
- July 30, 2026 13:07
India Motor Parts Q1 PAT rises to ₹27.44 crore; shares down 3% to ₹1,067 on NSE
India Motor Parts and Accessories reported standalone PAT of Rs 27.44 crore in Q1FY27 as against Rs 25.67 crore in Q1FY26.
Shares were down 3% to Rs 1067 on the NSE
- July 30, 2026 13:06
Dabur India restructures management; three executives cease to be senior management personnel, now report to new India CEO Herjit S. Bhalla
Dabur India informed that Executive VP-Sales Rehan Hasan, Director-Healthcare Sriram Padmanabhan and Director-HPC & Foods Abhishek Jugran have ceased to be senior management personnel with effect from July 29, 2026, following an internal management restructuring. The change comes after the appointment of Herjit S. Bhalla as Chief Executive Officer - India Business, to whom the three executives now report. The company said they will continue in their respective roles.
- July 30, 2026 13:06
Exide Industries Q1 PAT rises to ₹407 crore; shares up 2% to ₹444.40 on NSE
Exide Industries reported standalone PAT of ₹407.26 crore in Q1FY27 as against ₹320.45 crore in Q1FY26.
Shares up 2% to ₹444.40 on the NSE.
- July 30, 2026 13:03
Gillette India Q1 profit rises 9.4% to ₹159 crore on strong grooming demand
- July 30, 2026 12:49
Sun Pharma rises 1% to ₹2,011.70 after Brazil approval for semaglutide manufacturing and marketing
Sun Pharma shares rose 1% to Rs 2,011.70 on the NSE after receiving approval to manufacture and market semaglutide in Brazil
- July 30, 2026 12:49
US Fed Keeps Rates Unchanged, Reaffirms Focus on Price Stability
Ankita Pathak, Head – Global Investments, Ionic Asset
It is clear from this policy, that the FOMC remains committed to bringing inflation back to its 2% target. While inflation moderated in June 2026 following the ceasefire announcement, upside risks persist, driven by higher oil prices amid renewed escalation of the conflict along with potential pressures from food, tariffs and shelter costs. As a result, the path towards lower inflation appears to be more gradual than earlier anticipated. The new Fed Chair has actively refrained from providing forward guidance and instead expects the markets to provide signals of the evolving macroeconomic situation. The differing views within the Committee highlight the uncertainty around the inflation outlook, reinforcing the Fed’s data-dependent approach in the coming months. If Fed decides to tighten policy going forward, it could support the US dollar and weigh on commodities and emerging market assets if dollar strength is sustained.
The FOMC voted with 9:3 majority to keep the federal fund rate unchanged at 3.50-3.75%. Three committee members voted for 25 bps rate hike. The Fed Chair reiterated committee’s commitment to deliver 2% inflation target, while keeping rate hike option open if inflationary pressures remain. While there was a slim possibility of a surprise rate hike in this meeting, the committee chose to keep policy rates unchanged and maintain its data-dependent approach before determining the future policy path.
Growth Remains Solid, Jobs Gain Continues, While Inflation Runs Above 2% Target
Overall growth remains resilient supported by productivity growth and strong capital investment. Labour market conditions also remain resilient with no apparent signs of stress- about 111,000 average jobs added in the last three months, while unemployment rate moderated to 4.2% in June 2026.
On the other hand, inflation continues to run above the Fed’s target of 2.0%, with recent month’s CPI and PCE inflation at 3.5% and 4.1% respectively.
Fed’s Commitment To Deliver 2% Inflation Intact
In the monetary policy statement as well as press conference, the Fed Chair reiterated the committee’s focus to reach the 2% inflation target. While the Fed kept policy rates unchanged at this meeting, possibility of future rate hikes remains if inflationary pressures persist. The FOMC also awaits the observations from the inflation task force that was announced in the last policy meeting.
Muted Market Reaction
Markets remained choppy despite Fed’s pause decision as investors awaited results from major hyperscalers. S&P 500 closed 1.5% lower, while 10Y UST stayed around 4.68% and DXY closed at 100.9 (down ~0.5%).
Disclaimer - This view is for educational and informational purposes only and should not be construed as an investment advice.
- July 30, 2026 12:46
Gold futures slip to ₹1.41 lakh/10g on firm US dollar
- July 30, 2026 12:43
HFCL bags ₹442 crore optical fibre cable export order
- July 30, 2026 12:39
Veritas Finance refiles IPO papers; eyes ₹900 cr via fresh issue
- July 30, 2026 12:37
Fed’s Rate Pause Reinforces the Appeal of Gold and Silver
Santosh Meena, Head of Research at swastika investmart
The Federal Reserve held the federal funds rate steady at 3.50–3.75% on July 29, 2026, in a 9–3 decision, marking its fifth consecutive pause. Three regional presidents dissented in favor of a quarter-point hike amid still-elevated inflation partly driven by energy supply shocks and Middle East uncertainty. Chair Kevin Warsh stressed the Committee’s resolve to return inflation to 2% without offering clear forward guidance, leaving markets to weigh solid growth and a resilient labor market against the risk of future tightening if price pressures persist.
Elevated policy uncertainty tends to support gold and silver by pressuring the dollar and boosting safe-haven demand. Ambiguity around the Fed’s reaction function or geopolitical risks can weaken or increase volatility in the dollar, reducing the opportunity cost of holding non-yielding metals and making them more attractive to foreign buyers. At the same time, investors shift toward traditional stores of value during periods of monetary and geopolitical stress, lifting demand for gold as a primary hedge and for silver as a higher-beta monetary metal.
- July 30, 2026 12:37
Jai Corp partially resumes operations at Vasona plastic unit after flooding disruption
Jai Corp informed its plastic processing unit at Vasona has partially resumed operations from July 30 after flooding-related disruptions.
- July 30, 2026 12:36
Honeywell Automation trades at ₹39,815 after Q1 PAT rises 21% to ₹150.7 crore; nears 52-week high
Honeywell Automation shares traded at ₹39,815 on the NSE at 12.25 pm, hitting a high of ₹40,280. The stock hit a 52-week high of ₹41,495 in the previous trading session.
The company reported 20.9% increase in profit after tax for the quarter ended June 2026 at ₹150.7 crore
- July 30, 2026 12:29
ICICI Prudential MF buys stake in Go Digit General Insurance for ₹139 crore
- July 30, 2026 12:25
Magellanic Cloud’s subsidiary Provigil wins ₹127.6 million GAIL order via GeM, marking entry into oil & gas sector; shares at ₹28.95 on NSE
Magellanic Cloud announced that its wholly owned subsidiary, Provigil Surveillance Limited, has secured a purchase order from GAIL (India) Limited. The contract, valued at ₹127.62 million, was awarded through the Government e-Marketplace (GeM) platform and establishes a strong foundation for Magellanic Cloud’s long-term presence in India’s critical Oil & Gas sector, opening a significant new growth vertical.
Magellanic Cloud traded at Rs 28.95 on the NSE; GAIL traded at Rs 174.90
- July 30, 2026 12:24
Top gainers, losers of Nifty midcap 100
Hero Motocorp (+3.32%), Alkem (+2.78%), Persistent Systems (+2.72%), Page Industries (+2.50%)
Top losers: KPIT Tech (-8.28%), Premier Energies (-5.01%), Waaree Energies (-4.39%), Presitge Estate (-3.53%)
- July 30, 2026 12:23
Nifty today: Top gainers of Nifty Smallcap 100
Redington (+9.51%), Sona BLW (+4.16%), MRPL (+3.49%), RBL Bank (+2.69%), Tata Tech (+2.60%)
Top losers: Syngene International (-5.36%), Netweb (-2.91%), PNB Housing (-2.84%), Angel One (-2.61%)
- July 30, 2026 12:23
BitDelta India on the latest FOMC decision
Vikaas M Sachdeva, Chief Executive Officer, BitDelta India
“The FOMC’s decision to maintain interest rates reinforces what markets have increasingly come to expect that monetary policy will continue to be guided by incoming economic data rather than a predetermined easing cycle. While the policy decision itself was largely priced in, the voting split and the Fed’s continued emphasis on inflation underscore that the path towards lower rates remains uncertain.
For digital assets, this does not materially alter the broader outlook. Crypto markets continue to be influenced by liquidity conditions, interest rate expectations and macroeconomic signals, much like other risk assets. As investors navigate the evolving landscape, inflation trends, labour market data and broader geopolitical developments will remain key indicators shaping market sentiment in the months ahead.”
- July 30, 2026 12:23
Flipkart Launches Pay Later, Making Flexible Credit More Accessible for Millions of Indian Shoppers
Flipkart Group, in partnership with PayU Finance, today announced the launch of Flipkart Pay Later, a new credit offering that gives customers flexible repayment options embedded directly at checkout. The offering is available across Flipkart, Myntra, and Flipkart Minutes, and marks the next step in Flipkart Finance and PayU Finance’s efforts to build a digital credit infrastructure designed around how India shops.
Flipkart Pay Later gives customers three repayment options: Pay Later, offering upto 30 days for everyday purchases, a Pay in 3 option that splits the cost across three payments, and EMI plans ranging from 3 to 12 months for higher-value categories including mobiles, electronics, appliances, and furniture. The offering is suited for high-frequency, lower-value transactions across Flipkart Minutes, fashion, home, beauty, and general merchandise, as well as larger purchases where structured repayment makes access easier.
To power Flipkart Pay Later, Flipkart Finance has kick-started the programme with PayU Finance, the NBFC arm of PayU, as its first lending partner, with additional financial institution partnerships planned as the programme scales. PayU Finance serves as the licensed lender while Flipkart Finance manages customer relationships and credit intelligence, combining commerce data with lending expertise to enable faster and more accurate credit decisions.
Vishal Ahuja, Executive Director, Flipkart Finance, said, “Affordability remains the core driver of how millions in India engage with digital commerce. For these consumers, aspiration has never been a constraint, access has. As pioneers of easy financing, with Flipkart Pay Later, we are putting a decade of commerce signals to work, building an underwriting model that sees these customers clearly and extends them credit at the moment it matters the most. This is not a payment feature. It is an important step in building a financial services capability that we believe will fundamentally change who gets to participate in India’s digital economy.”
Deepak Mendiratta, CEO, PayU Finance, said, “As digital commerce continues to evolve, the need for responsible and accessible credit has never been greater. Through our partnership with Flipkart Finance, we are combining technology, data-driven underwriting, and strong risk management to deliver seamless credit experiences at scale. Flipkart Pay Later is another step towards expanding financial inclusion while powering the next phase of India’s digital commerce growth.”
The credit decisions behind Flipkart Pay Later are built on Flipkart Finance’s commerce intelligence, transaction history, purchase patterns, and platform behaviour combined with PayU Finance’s lending and risk management capabilities from its financial institution partners. Customer exposure is assessed using multiple data sources, ensuring credit is extended responsibly and without over-leveraging.
- July 30, 2026 12:19
Gujarat: Mild tremor felt near Ahmedabad; authorities report no damage
- July 30, 2026 12:14
Zinc futures retain positive outlook
- July 30, 2026 12:10
Nifty today: Top gainers, losers at this hour of trade
Top gainers of Nifty 50: Wipro (+2.35%), Tech Mahindra (+2.18%), ONGC (+1.76%), Max Health (+1.55%), M&M (+1.50%)
Top losers: Adani Ports (-3.22%), Shriram Finance (-2.14%), Bajaj Finserv (-1.47%), HDFC Life (-1.46%)
- July 30, 2026 12:00
Vedanta Power hits fresh low at ₹33.80 after reporting ₹423 crore net loss in Q1FY27
Vedanta Power shares hit a fresh low of Rs 33.80 on the NSE after posting a consolidated net loss of Rs 423 crore in Q1FY27.
- July 30, 2026 11:59
Ruchit Thakur, Market Analyst, VT Markets on Fed Pause Fuels Market Uncertainty, Boosts Gold and Silver
The Federal Reserve decided to keep interest rates unchanged at its most recent meeting, indicating a cautious attitude as officials deal with ongoing inflation and consistent economic growth. However, the absence of clear forward guidance has increased policy uncertainty, leading markets to reevaluate the anticipated course of future interest rate changes. The US dollar weakened as the probability of more rate increases declined, which in turn strengthened the price of gold and silver by increasing their appeal as safe havens and lowering opportunity costs.
Increased uncertainty usually makes global markets more volatile, affecting commodities, bonds, stocks, and currencies. As a result, risk sensitive industries may face pressure until the Fed’s policy direction is more clear, and investors frequently turn to protective assets like precious metals.
Additionally, a declining dollar might support commodity and emerging market asset values. Long-term uncertainty, however, is anticipated to keep markets highly data dependent and vulnerable to abrupt changes after important inflation and economic announcements.
- July 30, 2026 11:59
Coforge launches Momentuum AI to drive enterprise AI outcomes; shares up 2% to ₹1,757 on NSE
Coforge Launches Momentuum AI, a Specialized FDE Operating Unit Built to Turn Enterprise AI into Measurable Outcomes
Shares up 2% to Rs 1757 on the NSE.
- July 30, 2026 11:55
Vedanta Oil and Gas falls 5% to ₹33.27 despite Q1 PAT at ₹945 crore
Vedanta Oil and Gas shares were down over 5% to Rs 33.27 on the NSE, despite posting consolidated PAT of Rs 945 cr in Q1FY27.
- July 30, 2026 11:55
Gold holds firm amid Fed policy and Middle East tensions
Colin Shah, MD, Kama Jewelry, on US Fed Decision and its impact on gold
“The steady resilience of gold around the $4080 mark reflects a market balancing two powerful forces – a hawkish monetary policy and an escalating geopolitical risk in the Middle East leading to further uncertainties in global economy. While the US Fed’s firm decision to tackle inflation kept the rate unchanged and dialled back immediate September rate-hike expectations, the underlying safe-haven appeal of precious metal will likely get reignited However, the commitment of US Fed to a strict 2% inflation target with no soft leeway, creates a tough short-term macroeconomic backdrop for bullion.
As we head into the festive season back home followed by holiday season in the West, the RBI Monetary Policy next week along with the US Fed’s decision in September and onwards along with other development at both at a domestic and global level will play a crucial role in defining the performance of the yellow metal, and ultimately, jewellery sales. Given the current scenario, we are still hopeful of robust performance and a gradual stabilization in prices, it remains imperative to stay watchful of real-time developments.”
- July 30, 2026 11:54
Gillette India Q1 PAT rises 9% to ₹159.45 crore; shares down 2% to ₹7,720 on NSE
Gillette India reported 9.4% increase in Q1FY27 PAT to Rs 159.45 crore as against Rs 145.69 crore in Q1FY26.
Shares were down 2% to Rs 7720 on the NSE.
- July 30, 2026 11:50
India’s gold demand falls 6% as volatile prices turn away consumers
- July 30, 2026 11:39
Lohia Corp shares climb over 8% in market debut trade
Shares of industrial machinery manufacturer Lohia Corp Ltd listed with a premium of over 8 per cent against the issue price of Rs 425 on Thursday.
The company’s stock made its market debut at Rs 460, up 8.23 per cent from the issue price on the BSE.
At the NSE, the stock started trading at Rs 461, recording a jump of 8.47 per cent.
The company’s market valuation stood at Rs 5,353.29 crore. - PTI
- July 30, 2026 11:37
Hester Biosciences Q1 PAT at ₹14.7 crore, up YoY but down from previous quarter; shares flat at ₹2,505.20 on NSE
Hester Biosciences reported standalone PAT of Rs 14.7 crore in Q1FY27 compared to Rs 26.38 crore in March 2026 quarter as against Rs 7.8 crore in Q1FY26.
Shares flat at Rs 2,505.20 on the NSE.
- July 30, 2026 11:36
Fed delivers hawkish pause amid persistent inflation
Umesh Sharma, CIO- Debt, The Wealth Company Mutual Fund
“The July 29, 2026 FOMC meeting delivered a hawkish pause against a backdrop of resilient economic growth, a stable labor market, and inflation that remains above the Federal Reserve’s 2% target. The Fed noted that activity continues to expand at a solid pace despite elevated uncertainty linked to geopolitical tensions and higher energy prices, while inflationary pressures remain persistent.
On policy, the FOMC voted 9-3 to keep the federal funds rate unchanged at 3.50%-3.75%. Notably, three regional Fed presidents dissented in Favor of a 25-bps hike, highlighting growing concern within the Committee about persistent inflation. The statement reaffirmed the Fed’s commitment to price stability, while Chair Kevin Warsh continued to limit forward guidance and emphasized a data-dependent approach to future decisions.
Warsh’s comments reinforced the hawkish tone. He stressed that the Fed remains fully committed to returning inflation to 2%, stating that “there is only a target, and it is 2 percent.” At the same time, he noted that nominal and real Treasury yields have risen significantly between meetings, tightening financial conditions without an additional policy-rate increase and helping justify the decision to pause.
US yield curve steepened post the press conference with long bond yields rising sharply. This means the market thinks that the longer Fed avoids taking concrete steps to rein in inflation, the harder it will be for it to address the issue down the road.”
- July 30, 2026 11:36
Syngene International drops 5% to ₹394, hits 52-week low as Q1 reports ₹9 crore net loss
Syngene International traded 5% lower at Rs 394 on the NSE at 11.16 am, hitting a 52-week low of Rs 375.25.
It reported a consolidated net loss of Rs 9 crore for the first quarter ended June 30, 2026
- July 30, 2026 11:27
Dhanlaxmi Bank clocks ₹24.91 crore net profit in Q1FY27
Dhanlaxmi Bank Q1 results: Net profit rises to ₹24.91 crore
Dhanlaxmi Bank has recorded a net profit of ₹24.91 crore in Q1 of FY 27 against ₹12.18 crore during the corresponding period of last financial year. Operating profit for the period was ₹51.45 crore against ₹33.28 crore for the same period of last financial year.
- July 30, 2026 11:14
Aequs falls 3% to ₹221.47 as Q1 net loss widens to ₹53.2 crore
Aequs shares were down over 3% to ₹221.47 on the NSE at 11.10 am, as the company posted a net loss of ₹53.2 crore in Q1FY27.
- July 30, 2026 11:06
KPIT Technologies drops over 7% to ₹592.80 as Q1 net profit falls 32% to ₹117.17 crore
KPIT Technologies dragged over 7% to Rs 592.80 on the NSE, following a 31.83 per cent decline in consolidated net profit to ₹117.17 crore in the June quarter.
- July 30, 2026 11:06
Colgate falls 3% to ₹2,100 despite 7% rise in Q1 net profit to ₹343 crore
Colgate traded 3% lower at Rs 2100 on the NSE at 11 am, hitting a low of Rs 2,090.30.
It posted a 7 per cent year-on-year rise in consolidated net profit to ₹343.08 crore in Q1FY27.
- July 30, 2026 11:00
Redington hits 52-week high, jumps 11% to ₹318.60 as Q1 PAT rises to ₹321 crore
Redington shares hit fresh 52-week high of Rs 338.50 on the NSE. At 10.57 am, it traded 11% higher at Rs 318.60.
Company posted standalone PAT of Rs 321.01 crore in Q1FY7 against Rs 200.21 crore in Q1FY26.
- July 30, 2026 10:53
V-Guard Industries jumps 11% to ₹333.40 as Q1 PAT surges 93% to ₹107.8 crore
V-Guard Industries jumped 11% after strong Q1 results.
The stock traded at Rs 333.40 on the NSE at 10.46 am, hitting a high of Rs 335.
The standalone PAT jumped 93.48% to Rs 107.79 crore in Q1FY27 as against Rs 55.71 crore in Q1FY26.
- July 30, 2026 10:52
Ajitabh Bharti, Co-founder and Executive Director, Capital XB on US Federal Reserve's latest policy announcement
The Federal Reserve appears to be stepping back from its traditional role of proactively guiding markets, instead allowing market forces to dictate outcomes. This shift is not particularly reassuring. It introduces a layer of uncertainty across asset classes, evident in the recent divergence where equity markets, including the Dow, have softened while Treasury yields have moved higher. Such signals reflect a lack of clear directional confidence.
At the same time, the Fed continues to maintain a hawkish tone without decisive action, suggesting a possible element of political calibration. With US midterm elections approaching, there is a perception that the central bank is delaying aggressive rate actions, potentially prioritizing stability over inflation control in the near term.
In the short run, this dynamic may work in favor of emerging markets like India. A relatively weaker dollar could ease pressure on the rupee and provide some breathing room for capital flows and external balances. However, the medium-term risks remain significant. If inflation in the US persists or re-accelerates due to delayed policy action, the eventual correction could be sharper and more disruptive, transmitting volatility across global markets, including India.
- July 30, 2026 10:51
Eicher Motors flat at ₹7,840 as Q1 net profit rises 21% to ₹1,463 crore; board approves ₹1,225 crore Andhra Pradesh expansion
Eicher Motors traded flat at Rs 7840 on the NSE at 10.43 am, hitting a high of Rs 7,885 from the previous close of Rs 7,779.
The company reported a 21 per cent increase in consolidated net profit to ₹1,463 crore in Q1FY27.
Board approved an investment of ₹1,225 crore for Phase I of the greenfield expansion in Andhra Pradesh.
- July 30, 2026 10:50
Madras High Court sets aside ₹353 crore tax demand against IRFC; directs reassessment with personal hearing
Indian Railway Finance Corporation (IRFC) has informed exchanges that the Madras High Court has set aside a ₹353.18 crore tax demand raised by the Assistant Commissioner (State Tax), Chennai, and remanded the matter for fresh consideration.
The court, in its order dated July 27, 2026 (received on July 29), directed the tax authority to provide IRFC with a reasonable opportunity to be heard, including a personal hearing, and pass a fresh order within three months.
The tax demand pertained to input tax credit (ITC) available in GSTR-2A but not claimed (lapsed), among other issues.
- July 30, 2026 10:49
MV Electrosystems IPO subscribed 45% by mid-morning as retail investors drive demand
- July 30, 2026 10:44
Rupee rises 13 paise to 95.63 against US dollar in early trade
- July 30, 2026 10:38
Indo-MIM shares surge 45% on stock market debut after blockbuster IPO
- July 30, 2026 10:32
Markets at 10 am
At 10.30 am, Sensex declined 106.41 pts or 0.14% to 77,548.19; and Nifty 50 dipped 22.50 pts or 0.09% to 24,227.70.
- July 30, 2026 10:23
Waaree Energies shares fall over 6% despite ₹850 crore Q1 profit
Waaree Energies shares fall over 6% despite ₹850 crore Q1 profit
Waaree Energies shares fell over 6 per cent on Thursday after the company reported its June quarter results, with investors reacting despite a 14 per cent y-o-y rise in consolidated net profit to ₹850 crore for the quarter ended June 30, 2026.
- July 30, 2026 10:21
MTAR Tech receives amended purchase order worth $324.62 million
MTAR Tech received an amended purchase order worth USD 324.62 million at an exchange rate of Rs. 95.50/- (approximately Rs. 3100.09 Crores) having an incremental order value worth USD 85.86 million (approximately Rs. 819.94 Crores).
- July 30, 2026 10:20
Magellanic Cloud's arm bags purchase order from GAIL
Magellanic Cloud Limited Wholly Owned Subsidiary Provigil Surveillance Limited, has received a Purchase Order from GAIL (India) Limited.
- July 30, 2026 10:18
Wanbury stocks in focus
Wanbury received a “No DMF deficiency letter” from the US Food and Drug Administration (USFDA) for multiple Abbreviated New Drug Applications (ANDAs) using Wanbury’s Metformin HCl API as the source for different formulations.
The company said the communication from the USFDA relates to multiple ANDAs supported by its Metformin HCl active pharmaceutical ingredient.
Shares traded at ₹308.75 on the NSE.
- July 30, 2026 10:16
US Federal Reserve's latest announcement | Expert Take | Ajitabh Bharti, Co-founder and Executive Director, Capital XB
The Federal Reserve appears to be stepping back from its traditional role of proactively guiding markets, instead allowing market forces to dictate outcomes. This shift is not particularly reassuring. It introduces a layer of uncertainty across asset classes, evident in the recent divergence where equity markets, including the Dow, have softened while Treasury yields have moved higher. Such signals reflect a lack of clear directional confidence.
At the same time, the Fed continues to maintain a hawkish tone without decisive action, suggesting a possible element of political calibration. With US midterm elections approaching, there is a perception that the central bank is delaying aggressive rate actions, potentially prioritizing stability over inflation control in the near term.
In the short run, this dynamic may work in favor of emerging markets like India. A relatively weaker dollar could ease pressure on the rupee and provide some breathing room for capital flows and external balances. However, the medium-term risks remain significant. If inflation in the US persists or re-accelerates due to delayed policy action, the eventual correction could be sharper and more disruptive, transmitting volatility across global markets, including India.
- July 30, 2026 10:16
Expert Take | Ravi Singh, Chief Research Officer, on Fed’s Revised Rate Path Signals Fewer Cuts, Keeping FIIs on the Sidelines
The FOMC’s decided to hold its benchmark rate at 3.50–3.75% for a fifth consecutive meeting with three of twelve voting members pushed for a hike, points to a central bank turning distinctly hawkish. The revised dot plot lifted the median year-end 2026 projection to roughly 3.8% from 3.4% earlier in the year, effectively rules out cuts for now as inflation still remains elevated on the back of firmer crude prices. For the dollar, this hawkish recalibration should lend near-term support, keeping the currency broadly firm and complicating flows for emerging-market currencies, including the rupee which had already seen sharp swings. The narrowing rate differential between Indian and US yields, layered strong momentum in US equity market could cap the scale of fresh FII flows. Foreign investors may prefer to wait for either a domestic growth catalyst or a more decisive outlook before adding meaningfully to Indian exposure. Until that clarity emerges, FII activity is likely to stay two-way and stock-specific rather than broad-based.
- July 30, 2026 10:15
L&T Energy CarbonLite Solutions Secures LNTP for Mega Order (worth ₹10,000 crore - 15,000 cr) of 1,600 MW Thermal Power Plant
Shares traded at ₹3,888.40 on the NSE, down 1%
- July 30, 2026 10:14
Stock Markets LIVE: Asian Paints
Asian Paints traded 1% lower at Rs 2,723.70 at 10.12 am, hitting a low of Rs 2,666.20 from the previous close of Rs 2,758.40.
The company reported Q1FY27 profit at ₹1,559 crore.
- July 30, 2026 10:14
Nifty Prediction Today – July 30, 2026: Nifty futures: Trades between two key levels, traders can wait for a breakout
- July 30, 2026 09:48
Juniper Green Energy IPO opens today at ₹214-225 price band
- July 30, 2026 09:47
Adani Enterprises trades at ₹3,054 after reporting Q1 net loss of ₹1,160 crore
Adani Enterprises traded at 3,054 on the NSE at 9.40 am, hitting a high of Rs 3,060.90 from the previous close of Rs 3,024.50.
It reported a consolidated net loss of ₹1,160 crore in Q1FY27.
- July 30, 2026 09:47
Crude oil futures fall despite ongoing US-Iran strikes; Brent down 0.9%, MCX crude drops 1.2%
Crude oil futures traded lower on Thursday morning despite the continued exchange of strikes between the US and Iran in West Asia. At 9.39 am on Thursday, October Brent oil futures were at $87.27, down by 0.93 per cent, and September crude oil futures on WTI (West Texas Intermediate) were at $83.72, down by 0.88 per cent. August crude oil futures were trading at ₹8020 on Multi Commodity Exchange (MCX) during the initial hour of trading on Thursday against the previous close of ₹8114, down by 1.16 per cent, and September futures were trading at ₹7827 against the previous close of ₹7898, down by 0.90 per cent.
- July 30, 2026 09:46
Nifty IT gains 1.5% in early trade; Persistent, Wipro, Infosys, MphasiS, Coforge top performers
Nifty IT up 1.5% at 9.35 am, all counters in green; Top gainers: Persistent Systems (+2.22%), Wipro (+2.12%), Infosys (+2.08%), MphasiS (+1.64%), Coforge (+1.48%)
- July 30, 2026 09:46
Brokerages on Astral
Morgan Stanley on Astral
Recommendation — Overweight; Target ₹1660
Announced withdrawal of Chemical business demerger
Proposed demerger announcement had been taken negatively by the street
Believe this is net positive and removes a demerger-related overhang from the stock
Citi on Astral
Recommendation Accumulate; Target ₹1900
Board may consider demerger once the chemicals business achieves scale and financial strength to independently fund its organic and inorganic growth
Astral’s shares had reacted negatively to the initial demerger announcement
Withdrawal of the scheme removes this overhang and is likely to be viewed positively
- July 30, 2026 09:45
Macquarie on Devyani
Recommendation — Outperform; Target ₹130
Largely in-line Q1; demand pickup key
Healthy same-store sales across KFC (focus on dine-in), Costa Coffee and other brands
Weaker same-store sales growth across KFC and Pizza Hut vs Sapphire Foods
- July 30, 2026 09:45
Nifty opens flat amid Fed split, crude surge and US-Iran flare-up
- July 30, 2026 09:45
Brokerages on Radico
Jefferies on Radico
Buy, TP Raised to Rs 5200
Radico began FY27 on a strong note, with strong execution across its portfolio & robust 43% volume growth in its flagship Magic Moments Vodka, driving all-time high P&A volumes, sales & profitability
Expect this momentum to sustain, driving 24% P&A volume growth in FY27.
Despite packaging cost inflation headwind, a better product mix should support meaningful margin expansion
Raise FY27-29e EPS est by 11-12%
CLSA on Radico
O-P, TP Raised to Rs 4830
Strong prestige & above (P&A) growth & a margin beat in 1QFY27.
Its core brands such as Magic Moments, After Dark and Royal Ranthambore delivered faster growth.
Premium flavoured Magic Moments vodka variants grew faster, driving a significant uplift in profitability, with vodka being more profitable than whisky and flavoured vodka margins being even higher.
Management guided to 25% P&A volume growth for FY27 with a 20% Ebitda margin
Raise FY27-29 EPS estimates 9%-14% to reflect higher margin & raised P&A growth guidance.
- July 30, 2026 09:44
Brokerages on KPIT Tech
GS on KPIT Tech
Neutral, TP Rs 637
Reported an in-line 1Q.
Revenue / EBITDA were +3%/-4% vs GSe and were +9%/-11% yoy.
Constant currency revenue declined was -3.6% qoq.
Going forward, management expects to see a similar quarter in 2Q, but expects a good exit to year in 4Q
Order wins of US$257mn imply a book to bill ratio of 1.45x.
KPIT is focused on offsetting the current soft demand situation in its core European / Japanese customer cohort by
1) Adding a broader range of PV OEMs (vs historical focus on Top 25 customer);
(2) Deepening the off high way and commercial customer base;
(3) Increasing focus on product + solutions integration for customers.
Management expects ongoing efforts in AI led productivity improvement and an increasing fixed cost pricing model to support gradual build back in margin.
HSBC on KPIT Tech
Hold, TP Rs 735
1Q27 revenues were largely in-line with its outlook announced at end of the quarter
Deal wins in 1Q & pipeline is satisfactory; management expects the business to turn to strong growth in 2HFY27
EBIT margins fell 360bps q-o-q to 12.3% but management expects to see successive improvement in next quarters
- July 30, 2026 09:44
Macquarie on Syngene
O-P TP Rs 735
All-round miss
1Q revenue of Rs7.3bn missed est. by 20%
EBITDA fell short of estimate by 42%
EBITDA margin of 19.1% was 736bps below estimate of 26.5%
Co reported a loss of Rs90mn, which includes exceptional amount of Rs100mn due to a termination benefit
Management expects a weak 1H FY27, with revenue anticipated to decline during period.
However, it expects improving business momentum in 2H FY27 to partially offset the slowdown, resulting in a low-single-digit revenue
decline (in local currency terms) for FY27.
This represents a downward revision from flat revenue guidance provided in 4Q FY26
Management has maintained its FY27 EBITDA margin guidance in the mid-20% range.
- July 30, 2026 09:44
Citi on M&M
Recommendation Accumulate; Target ₹4470
Truck and Bus Division (MTBD) To Be Sold to SML Mahindra
M&M’s standalone revenue will decline slightly
Impact on M&M stock’s fair value should be limited
M&M will continue to benefit from the overall CV business
- July 30, 2026 09:43
Morgan Stanley on Bajaj Finance
Recommendation — Overweight; Target 1175
Q1: Housing Finance Subsidiary Results
Bajaj Housing management expects AUM growth to remain in the range of 21-23%
It sees some pressure on asset pricing
Hence guided to 6-8 bps of incremental NIM compression and full-year NIM compression of 20-25 bps
It has guided to credit cost of 10-15 bps for FY27
- July 30, 2026 09:43
Brokerages on Bajaj Hsg Fin
HSBC on Bajaj Hsg Fin
Reduce, TP Rs 76
1QFY27 operating profit was in line, while lower credit cost led to a beat on PAT estimates
While disbursements growth has been strong, margin pressure continues
Retain Reduce given expensive valuations at 2.2x FY28e BVPS
JPM on Bajaj Hsg Fin
Neutral TP Rs 85
1QFY27 PAT of Rs7.15bn, up 23% y/y, 7% q/q, and 4/5% ahead of JPMe/Street
Beat driven entirely by credit costs of 5bps (one-off included), with PPoP in-line.
BHFL announced FY27 AUM growth guidance of 21-23% (JPMe 24%; Street 23%), NIM moderation of 20-25bps y/y (asset-yield led), GNPA of 30-35bps and credit cost of 10-15bps, with RoA of 2.1-2.3% and RoE of 12-13%
Expect limited revisions to forecasts post-results, though think AUM growth could overshoot guidance if incipient easing in home-loan BT-out sustains.
- July 30, 2026 09:43
Brokerages on Star Health
Nomura on Star Health
Buy, TP Rs 700
Better than expected delivery on combined insurance service ratio
1Q27 insurance service result (core performance): 13% beat to our estimates
CISR (Combined Insurance Service Ratio) down by 172bp y-y
Strong fresh growth at 37% yy; conference call at 8.30 AM IST on 30 July (link )
Lift net profit estimates by 1-11% over FY27-29F
Jefferies on Star Health
Buy, TP Rs 710
Jun’26 qtr. combined insurance service ratio of 97.1% (-155bps y-y) was 89bps ahead of JEFe.
Loss ratio improved for fourth consecutive qtr. to 67.5% (-104bps y-y), beating JEFe by 72bps, consistent with our earlier observations.
IFRS PAT at Rs5.5bn, up 25% YoY, was a 9% beat to est.
At CMP, stock trades at 23x FY27e IFRS P/E (ex. MTM gains) for 34% 3-yr EPS CAGR.
- July 30, 2026 09:42
Brokerages on Colgate
HSBC on Colgate
Hold, TP Rs 2140
Q1FY27 sales were up 12% yoy (2yr CAGR: 3.5%), a 5% beat on consensus; high-single digit volume growth
Ad spend grew 34% yoy in Q1 (FY26: flat); premium portfolio drove growth, core portfolio sustained growth
Premiumisation push encouraging, but growth outlook still similar
Nomura on Colgate
Buy TP Rs 2550
Smiles coming back; double-digit sales/OP growth on the horizon
1QFY27: Above estimates; volume/sales growth of 8.5% / 11.8% y-y vs estimates of 6% / 8.4%;
GPM +100bp y-y but inverse duty post-GST and high A&P (+34% y-y) drag OPM -145bp to 30%
Pronounced recovery led by volume growth coming back strongly after six weak quarters
Jefferies on Colgate
Buy TP Rs 2650 from Rs2600
A strong topline growth - while there has been a base effect, growth mindset also seems to be coming back.
Investments in brands rose sharply, weighing on Ebitda margins despite better gross profitability.
Mgmt. remains focused on innovation, premiumisation and even intends to protect margins, reinforcing confidence in sustained growth
Stock trades at a meaningful discount to peers which can come off should growth momentum continue.
- July 30, 2026 09:42
Brokerages on Dabur
Nomura on Dabur
Buy, TP Rs 625
1QFY27: largely in line, management maintained guidance of double-digit consolidated sales growth in FY27E with improved margins despite cost inflation
Pricing growth to be ahead of volume growth as Dabur passes on inflation
HPC to sustain double-digit growth; Beverages bounces back after three years
GPM expanded, OPM held up; margin protection to be priority
Forecast a FY26-29F EPS CAGR of c.11%
Stock is trading at -2SD below its 10-year average P/E and appears cheap
JPM on Dabur
Neutral, TP Rs 485
Q1 broadly in-line
Domestic FMCG revenue grew 9.5% (vol: +5%; off a low base), powered by HPC (hair oils +18%, shampoos strong double-digit), whereas glucose & beverages were dented by unseasonal April rains.
International revenue grew 15.5% in INR terms, led by strong Turkey/Egypt/Bangladesh prints, though MENA was softer amid geopolitical volatility.
For FY27, management reaffirms DD consolidated revenue growth with sequential acceleration, aided by favourable currency in international markets, though guide is increasingly price-led & volumes may face pressure in an inflationary environment.
Management is confident of double-digit PAT growth in line with revenue if the geopolitical situation de-escalates
HSBC on Dabur
Hold, TP Rs 470
In-line performance with HPC continuing to drive growth (12%) but healthcare weak (6%) in 1Q, with India volumes up 5%
Co guided for double-digit FY27e revenue growth, profit growth in-line with top-line
Have concerns about its portfolio, which believe has structural growth issues.
Focused M&A could drive a change in market view
- July 30, 2026 09:42
Brokerages on Phoenix Mills
Nomura on Phoenix Mills
Downgrade to Reduce, TP Rs 1700
Consumption growth should peak out; see risk of cuts to FY28F EPS, while valuations have expanded
Expect y-y retail consumption growth to moderate over 2HFY27F-FY28F towards15% (vs 25-30% in 3QFY26-1QFY27
FY26-28F core segment revenue/EBITDA CAGRs of 15%/17%
HSBC on Phoenix Mills
Buy, TP Rs 2450
Retail EBITDA grew strongly at 17% y-o-y, even legacy malls matched; office leasing improved occupancy to 72%
Growth in near term will be driven by opening of additional retail area & premium offices
Downside risks: Slower urban consumption trends & poor capital allocation decisions
Jefferies on Phoenix Mills
Buy TP Rs 2215
Cos mall portfolio saw a 15-qtr high consumption growth of 32% YoY, driving an uptick in retail lease income to 17%.
Office portfolio expansion benefits are now in early stage.
Company is also on track to expand retail asset area by ~25% by Mar’28, which should help maintain the mid-teens lease income growth trajectory over next 3yrs, even as consumption normalizes
- July 30, 2026 09:41
Brokerages on Adani Ports
Macquarie on Adani Ports
Recommendation — Outperform, Target ₹1860
1QFY27: Realisation-led earnings beat
EBITDA run-rate is tracking the high end of management’s FY27 guidance
Belief that volume softness is likely temporary
Believe the risk to FY27 is skewed to the upside
JPMorgan on Adani Ports
Recommendation — Overweight, Target ₹2000
Strong Growth In Q1 Results
Consolidated Growth Powered by Inorganic Additions and International Ramp-Up
Cargo Mix: Containers Gaining Share, Coal Dependence Reducing
FY27 Guidance: Tracking Broadly in Line
Domestic Ports: Steady Performance; International Ports: NQXT and Colombo Drive Transformation
Goldman Sachs on Adani Ports
Recommendation Accumulate; Target ₹1870
Strong ramp-up at new assets; multiple growth levers coming together
Growth however was dominated by international ports while domestic volumes were soft
As the Balance Sheet gets stronger, it positions Adani Port for more organic and inorganic growth opportunities
Expect growth in revenue and EBITDA will also be in mid double digits
Bernstein on Adani Ports
Recommendation — Outperform; Target ₹1880
Q1FY27: Steady quarter, aided by international volumes
Delivered a beat across financial metrics, despite modest growth in domestic volumes, driven by international business, forex and cargo mix
Continue to believe their pricing power and dominant position across ports-logistics is under-appreciated
Have a healthy balance sheet now with 1.9x net-debt/EBITDA
See any pullbacks from here as a good entry point
HSBC on Adani Ports
Buy, TP Rs 2200
1QFY27 EBITDA up 19% y-o-y with domestic margins holding at 74%, international port EBITDA up on NQXT & Colombo
ADSEZ sees volumes picking up but keeps FY27 guidance unchanged; model a 2Q rebound led by domestic recovery
Overseas M&A remains next growth leg, but market may not reward immediately
Nomura on Adani Ports
Buy, TP Rs 2080
Operating performance beats estimates in 1Q
Forecast 19% EBITDA CAGR over FY26-29F
Superior performance of ports offsets the subdued performance of logistics
Inorganic opportunities to be a key focus area, backed by a strong balance sheet
Trades at 13x FY28F EV/EBITDA
- July 30, 2026 09:41
Brokerages on Asian Paints
JPM on Asian Paints
OW, TP Rs 2970
Q1 operational performance strong
Management shared a confident narrative of sustaining 8–10% decorative volume growth in FY27
Despite inflationary COGS (25% in Q1), EBITDA margin (20.6%) exceeded guided range of 18-20%, aided by lower-cost inventory benefits alongside formulation, mix, & sourcing efficiencies
Expect some consolidation in short term & demand (vol) trends in Q2 (ahead of a long festive) will be a key share price catalyst besides e crude price move
Nomura on Asian Paints
Buy, TP Rs 3750
A blowout quarter; sturdy volume growth outlook despite high base/competition
1Q 18% y-y sales growth was above estimates of c.12.5%
Volume growth of 9% y-y was in line; OPM at 20.6% was above estimates of 17.4%
GPM/OPM expansion in 1Q surprised positively vs expectation of compression
Believe peak competition is behind & disruption was far & few despite significant investments from new entrants, indicating a strong moat for APNT
Forecast an EPS CAGR of 14% over FY26-29F
CLSA on Asian Paints
U-P, TP Rs 1860
Reported 17.9% consolidated revenue growth in 1QFY27, 3% above estimate, with India decorative volume growth of 9%, in line
Material inflation was 25% & APNT took a total price increase of 12% between April and June.
With elevated competitive intensity and to maintain affordability, APNT is unlikely to pass on the full cost increase.
It maintained its 8%-10% volume growth guidance for FY27.
Ebitda margin expanded 239bps but APNT guided that 2Q would be lower than 1Q due to exhaustion of low-cost inventory and an adverse mix.
Goldman Sachs on Asian Paints
Recommendation Sell; Target ₹2725 (Earlier Target ₹2575)
Q1 ahead of estimates driven by a strong margin beat
Margins likely to moderate as benefit of low cost inventory is behind, but will remain in the 18-20% range
Management expects volume growth to remain in the 8-10% range for FY27
Jefferies on Asian Paints
Recommendation Accumulate; Target ₹3350 (Earlier Target ₹3300)
A Colourful Quarter
Strong qtr on almost every front
Revenue growth reached a multi-year high, margins surprised
Mgmt. retained its volume & margin guidance despite inflation risks
Outlook remains positive notwithstanding intense competition
HSBC on Asian Paints
Hold, TP Rs 2650
Strong Q1FY27 profitability on back of low-cost inventories, improved mix, efficiencies and cost control
Q2 set to be weak overall; we like rising focus on improving mix although visibility of demand evolution remains limited
Lift estimates across FY27-29
- July 30, 2026 09:40
Brokerages on Eicher Motors
JPM on Eicher Motors
OW, TP Raised to Rs 8420
1Q slightly ahead of JPM est
Consolidated revenue and EBITDA came in 3% above JPMe
Margins contracted 91bps QoQ to 24.0% (in line with JPMe).
Management continued to highlight low inventory levels (10-12 days) with strong enquiry and booking momentum.
In addition to brownfield capacity expansion (1.4m to 1.6m during FY27 and 2m in FY28), co will also invest Rs12.3bn for the Phase I of the Greenfield expansion in Andhra Pradesh.
All these expansions should take capacity to 2.45m motorcycles per year by FY30.
CLSA on Eicher Motors
O-P, TP raised to Rs 8568
Reported Ebitda margin of 24.0% (-91bps QoQ), broadly in line
Margin pressure was driven by 4-4.5% QoQ raw material cost inflation, partially mitigated through a c.1.75% price hike in its 350cc portfolio, cost reduction initiatives, lower market activation spending, favourable currency movements and mix.
EIM has approved Rs12.25bn of capex for a 0.45m-unit greenfield capacity expansion (phase 1), slated for commissioning in FY30.
Believe most positives are priced in resulting in limited upside
Nomura on Eicher Motors
Neutral, TP Rs 8437
Strong growth to continue, but priced in
1Q ASPs & lower other expenses drive beat; new 250cc bike key upside
Competition & ICE ban key risks
RE’s growth is expected to remain strong over FY27-29F (1.42mn, +15% /1.67mn+18%/ 1.99bn +13%)
This implies 1H / 2H FY27 volume growth of 20% /10% y-y
Jefferies on Eicher Motors
Recommendation Accumulate; Target ₹9300 (Earlier Target ₹8800)
Good growth despite cost pressures
Delivering strong volumes and expanding capacity
Beneficiary of premiumization
Peak of margin concerns behind
Rich valuations justified, for good growth outlook and strong franchise
Morgan Stanley on Eicher Motors
Recommendation — Equal-weight; Target 7763
Strong Earnings – but EV Risks to Cap Multiple Expansion
Stronger-than-expected ASPs and tighter opex drove the EBITDA beat
Demand is healthy, inventory is low, and now – as capacity comes in – Q2’s run rate could be 10% ahead of Q1’s
Continued demand momentum could drive 4-5% upside to our FY27 EPS estimate
Goldman Sachs on Eicher Motors
Recommendation Accumulate; Target ₹9300 (Earlier Target ₹9100)
Q1 beat: Capacity addition on track to support strong demand growth
With normalization of production, inventory has recovered
Factor in the steady demand visibility, price increases and capacity ramp up
- July 30, 2026 09:39
Nifty IT rises 1.5% with all stocks in green; Persistent, Wipro, Infosys lead gains
Nifty IT up 1.5% at 9.35 am, all counters in green; Top gainers: Persistent Systems (+2.22%), Wipro (+2.12%), Infosys (+2.08%), MphasiS (+1.64%), Coforge (+1.48%)
- July 30, 2026 09:39
US Fed quote from Rajesh Palviya, Head of Research, Axis Direct
The US Federal Reserve’s decision to keep interest rates unchanged was widely expected, but the policy statement reinforced its data-dependent approach and signalled that inflation risks remain a key concern. The presence of multiple dissents in favour of a rate hike underscores that the Fed is not yet ready to declare victory over inflation, implying that higher interest rates could persist for longer. This has already pushed US bond yields higher and strengthened the dollar, creating near-term headwinds for global equities, particularly emerging markets.
For Indian markets, the immediate impact is likely to be sentiment-driven rather than structural. Elevated US yields could keep foreign portfolio flows volatile, while sectors with premium valuations may witness intermittent profit-taking. However, India’s strong domestic macro fundamentals, resilient earnings outlook and healthy liquidity should help cushion the impact. Investors should closely monitor US bond yields, dollar movement and crude oil prices, which together will determine the near-term direction of Indian equities.
- July 30, 2026 09:39
HFCL secures $46 million (₹442 crore) export order for optical fiber cables
HFCL Limited bagged an export order of USD 46.13 million approx. (equivalent to INR 441.53 crore approx.) for supply of Optical Fiber Cables (OFC)
- July 30, 2026 09:38
Important Result Calendar
30-Jul-2026
Derivative
• Mahindra & Mahindra Ltd
• Torrent Pharmaceuticals Ltd
• Exide Ind Ltd
• Bajaj Fin Ltd
• Mankind Pharma Ltd
• Tata Steel Ltd
• LIC Housing Fin Ltd
• Hyundai Motor India Ltd
• Swiggy Ltd
• Indian Railway Fin Corp Ltd
• Mazagon Dock Shipbuilders Ltd
• Nuvama Wealth Mgmt Ltd
• Vedanta Ltd
Cash Segment
• Gillette India Ltd.
• Indegene Ltd.
• Thermax Ltd.
• National Securities Depository Ltd.
• AWL Agri Business Ltd.
• Deepak Fertilisers And Petro chemi Corp Ltd.
• Aarti Ind Ltd.
• Ajanta Pharma Ltd.
• Chambal Fertilisers and chemi Ltd.
• Global Health Ltd.
• Rainbow Children’s Medicare Ltd.
• LT Foods Ltd.
• Data Patterns (India) Ltd.
• JBM Auto Ltd.
• Mahanagar Gas Ltd.
• Railtel Corp Of India Ltd.
• Vedanta Aluminium Metal Ltd
• Vardhman Textiles Ltd.
• IRB Infra Dev. Ltd.
31-Jul-2026
Derivative
• ABB India Ltd
• SHREE CEMENT Ltd
• Bajaj Finserv Ltd
• Aditya Birla Capital Ltd
• Glenmark Pharmaceuticals Ltd
• Maruti Suzuki India Ltd
• Bajaj Holdings & Invt Ltd
• Sun Pharmaceutical Ind Ltd
• ITC Ltd
• Indian Oil Corp Ltd
• GAIL (India) Ltd
• National Aluminium Co Ltd
• Dixon Technologies (India) Ltd
Cash Segment
• Aptus Value Housing Fin India Ltd.
• Blue Dart Express Ltd.
• Intellect Design Arena Ltd.
• Aadhar Housing Fin Ltd.
• Aether Ind Ltd.
• Gujarat Mineral Dev Corp Ltd.
• Kajaria Ceramics Ltd.
• Kirloskar Brothers Ltd.
• SJVN Ltd.
• Narayana Hrudayalaya Ltd.
• Urban Co Ltd.
• Concord Biotech Ltd.
• Leela Palaces Hotels & Resorts Ltd.
01-Aug-2026
Derivative
• Central Depository Services (India) Ltd
• Divi’s Lab Ltd
• APL Apollo Tubes Ltd
• Muthoot Fin Ltd
Cash Segment
• Sarda Energy & Minerals Ltd.
• Clean Science And Tech Ltd.
• Latent View Analytics Ltd.
• Aditya Birla Lifestyle Brands Ltd.
02-Aug-2026
Derivative
• Persistent Systems Ltd
03-Aug-2026
Derivative
• Computer Age Mgmt Services Ltd
• KEI Ind Ltd
• UPL Ltd
• DLF Ltd
• Indian Renewable Energy Dev Agency Ltd
Cash Segment
• Kansai Nerolac Paints Ltd.
• Escorts Kubota Ltd.
• JM Fin Ltd.
• Glaxosmithkline Pharma Ltd.
• The Great Eastern Shipping Co Ltd.
• Ather Energy Ltd.
• Jindal Stainless Ltd.
• Krishna Institute of Medical Sciences Ltd
• Torrent Power Ltd.
• DOMS Ind Ltd.
04-Aug-2026
Derivative
• Marico Ltd
• Godrej Properties Ltd
• BSE Ltd
• Pidilite Ind Ltd
• Kalyan Jewellers India Ltd
• Multi Commodity Exchange of India Ltd
• Bharti Airtel Ltd
• PNB Housing Fin Ltd
• FSN E-Commerce Ventures Ltd
• NHPC Ltd
• UNO Minda Ltd
Cash Segment
• United Breweries Ltd.
• Timken India Ltd.
• Castrol India Ltd.
• Emami Ltd.
• Zydus Wellness Ltd.
• Deepak Nitrite Ltd.
• Rites Ltd.
• Pondy Oxides & Chemi Ltd
• Tata Invest Corp Ltd.
• Bharti Hexacom Ltd.
• Motherson Sumi Wiring India Ltd.
• Graphite India Ltd.
• CE Info Systems Ltd.
05-Aug-2026
Derivative
• GE Vernova T&D India Ltd
• Cummins India Ltd
• Aurobindo Pharma Ltd
• Biocon Ltd
Cash Segment
• Berger Paints India Ltd.
• Navin Fluorine Intl. Ltd.
• Bikaji Foods Intl. Ltd.
• Godrej Agrovet Ltd.
• Bayer CropScience Ltd.
• Gujarat Narmada Valley Ferti & chemi Ltd
• Neuland LabLtd.
• Cohance Lifesciences Ltd.
• JK Lakshmi Cement Ltd.
• Inventurus Knowledge Solutions Ltd.
06-Aug-2026
Derivative
• Blue Star Ltd
• Trent Ltd
• Crompton Greaves Consumer Electricals Ltd
• Lupin Ltd
• Hero MotoCorp Ltd
• Samvardhana Motherson International Ltd
• Britannia Ind Ltd
Cash Segment
• Sai Life Sciences Ltd.
• JSW Holdings Ltd.
• Emcure Pharma Ltd.
• Firstsource Solutions Ltd.
• NCC Ltd.
• Finolex Ind Ltd.
07-Aug-2026
Derivative
• Godrej Consumer Products Ltd
• Hindalco Ind Ltd
• Titan Co Ltd
• Power Fin Corp Ltd
• Hitachi Energy India Ltd
• Oil India Ltd
• State Bank of India
Cash Segment
• The Ramco Cements Ltd.
• Cera Sanitaryware Ltd.
• Godawari Power And Ispat Ltd.
• Carborundum Universal Ltd.
• Maharashtra Seamless Ltd.
08-Aug-2026
Cash Segment
• Anant Raj Ltd.
10-Aug-2026
Derivative
• Bosch Ltd
• Info Edge (India) Ltd
Cash Segment
• Amara Raja Energy & Mobility Ltd.
• Gland Pharma Ltd.
• Hindustan Copper Ltd.
11-Aug-2026
Derivative
• Zydus Lifesciences Ltd
Cash Segment
• IFCI Ltd.
• Gujarat Energy Ltd.
• Bata India Ltd.
12-Aug-2026
Derivative
• Apollo Hospitals Enterprise Ltd
• Grasim Ind Ltd
Cash Segment
• Tata Motors Ltd.
• Gujarat State Ferti & chemi Ltd.
• Lenskart Solutions Ltd.
• Caplin Point LabLtd.
• E.I.D. - Parry (India) Ltd.
13-Aug-2026
Derivative
• Max Fin Services Ltd
• Page Ind Ltd
• Tata Motors Passenger Vehicles Ltd
• Jubilant Foodworks Ltd
Cash Segment
• Endurance Tech Ltd.
• Elgi Equipments Ltd.
• Ipca LabLtd.
14-Aug-2026
Derivative
• Alkem Lab Ltd
Cash Segment
• Cholamandalam Fin Holdings Ltd.
• 3M India Ltd.
- July 30, 2026 09:38
Pre-Market quote by Gaurav Udani, Founder - Thincredblu
“Nifty is expected to open higher around 23,900, up nearly 120 points, indicating a positive start supported by improved global cues and easing market sentiment.
The recovery could help the index move back towards key resistance levels, but traders should watch whether the gains are sustained after the opening.
Technically, 23,700–23,750 will act as the immediate support zone, while 24,000–24,100 remains the key resistance range. A decisive move above resistance could trigger fresh buying and improve the short-term outlook.
Despite the positive opening, markets remain sensitive to global developments, and volatility cannot be ruled out.
Traders should avoid chasing the gap-up opening and instead wait for confirmation above key resistance levels. A buy on dips approach remains preferable as long as Nifty holds above its immediate support zone.”
- July 30, 2026 09:37
RPG Life Sciences approved three transactions related to its API business
The company will transfer its API business to its wholly owned subsidiary, RPG Active Pharma Limited (RPGAP), as a going concern through a slump sale.
RPG Life Sciences, RPGAP, India Life Sciences Fund IV Domestic and Vistaject Fund will enter into an investment and shareholders’ agreement for a proposed share issuance by RPGAP and to govern the subsidiary after the investment.
RPGAP will acquire 100 per cent of Actis Generics Private Limited through a share purchase agreement.
- July 30, 2026 09:26
Adani Ports, Asian Paints, Colgate, Waaree, Dabur shares down; Eicher Motors, V-Guard, Redington gain after Q1
Q1 Results 30th July Live: Bajaj Finance, M&M, Tata Steel, Gillette, Vedanta, Torrent Pharma, Hyundai Motor, IRFC, Swiggy, NSDL, Niva Bupa, Mankind Pharma, Mazagon Dock, Thermax, Ajanta Pharma, Nuvama Wealth to announce Q1 results, Adani Ports, Asian Paints, Colgate, Waaree, Dabur shares down; Eicher Motors, V-Guard, Redington gain after Q1
Q1 Results Today, 30th July 2026 Live Updates: Get real-time Q1 FY27 earnings updates, profit growth, revenue numbers and management outlook from Saven Technologies, Aarcon Facilities, Aarti Industries, Archean Chemical Industries, Anlon Healthcare, Ajanta Pharma, Alivus Life Sciences, Anka India, Aplab, Apollo Pipes, Arihants Securities, AWL Agri Business, Bajaj Finance, Basant Agro Tech India, Belding India, Best Agrolife, Burnpur Cement, Carnation Industries, Chambal Fertilisers & Chemicals, CHL, Colinz Laboratories, Cura Technologies, Data Patterns (India), Deepak Fertilisers & Petrochemicals Corporation, De Nora India, GNG Electronics, Epsom Properties, Exide Industries, Filatex India, GHCL Textiles, Gillette India, Gujarat Lease Financing, Go Fashion (India), Gothi Plascon India, Hester Biosciences, Honda India Power Products, Hyundai Motor India, ICRA, India Finsec, Indegene, International Combustion India, IRB Infrastructure Developers, Indian Railway Finance Corporation, Jai Mata Glass, Jasch Industries, JBM Auto, Jasch Gauging Technologies, Josts Engineering Company, Jumbo Bag, Kabra Extrusiontechnik, Kalind, Kamadgiri Fashion, Kartik Investments Trust, Kush Industries, LIC Housing Finance, LT Foods, Mahindra & Mahindra, Madhav Infra Projects, Mallcom (India), Mankind Pharma, Maral Overseas, Mazagon Dock Shipbuilders, Global Health, Mahanagar Gas, Niva Bupa Health Insurance Company, National Securities Depository, Nucleus Software Exports, Nuvama Wealth Management, Oriental Aromatics, OCCL, Oil Country Tubular, Paushak, Prabha Energy, Pricol, Privi Speciality Chemicals, PSP Projects, Quick Heal Technologies, RailTel Corporation of India, Rainbow Children’s Medicare, Rajnish Retail, Saboo Sodium Chloro, Satin Creditcare Network, Saint Gobain Sekurit India, Shashank Traders, Silver Touch Technologies, Siyaram Silk Mills, Spectrum Foods, South India Paper Mills, Swiggy, Tata Steel, Transport Corporation of India, Thermax, Torrent Pharmaceuticals, Updater Services, Ujaas Energy, Vedanta Aluminium Metal, Vapi Enterprise, Vedanta, Vertex Securities, Vinyl Chemicals (India), Vinyoflex, Vardhman Textiles, Walchand Peoplefirst, Westlife Foodworld
- July 30, 2026 09:22
Nifty today: Top gainers, losers at this hour of trade
Top gainers of Nifty 50: Infosys (+2.48%), Tech Mahindra (+1.92%), Wipro (+1.57%), TCS (+1.33%), ONGC (+1.23%)
Top losers: Asian Paints (-2.69%), ADani Ports (-2.46%), Eternal (-1.75%), IndiGo (-1.11%)
- July 30, 2026 09:20
OPENING BELL: Sensex down 142 points to 77,512; Nifty slips 14 points to 24,236 in early trade
BSE Sensex traded 142.12 pts or 0.18% lower at 77,512.48 at 9.16 am after opening at 77,638.86 from the previous close of 77,654.60; Nifty 50 dipped 14.40 pts or 0.06% to 24,235.80
- July 30, 2026 09:14
Samsung reports record earnings on surging AI memory chip demand
- July 30, 2026 08:58
Global bits
United States: Fed kept rates unchanged; stocks and dollar weakened, gold gained while oil surged amid Middle East tensions.
India: Rupee strengthened, IOC plans gas carrier investments, SAIL to build Indonesia steel plant, and government warned higher oil prices could pressure fiscal deficit.
China: Central bank kept reverse repo rate at 1.25%, foreign phone shipments jumped 66%, solar sector faces regulatory scrutiny, and young workers continue to face economic hardship.
Hong Kong: Stocks remained volatile, home prices rose for the 13th straight month.
South Korea: Markets stayed under pressure after a historic AI-led selloff, government capped single-stock leveraged ETFs and apologized, while SK Hynix earnings failed to restore confidence.
Japan: Nikkei remained choppy as investors assessed the Fed decision and ongoing AI-sector weakness.
United Kingdom: Vehicle production declined, consumer lending hit an eight-year high, and markets awaited the Bank of England’s rate decision.
Germany: Deutsche Bank exceeded earnings expectations, while RWE raised forecasts on strong first-half performance.
Switzerland: UBS beat profit estimates with strong Q2 earnings driven by trading and wealth management.
France: Sopra Steria raised growth guidance on AI demand, and CMA CGM expects shipping demand strength to continue.
Spain: Telefónica increased cash flow guidance, while CaixaBank maintained outlook despite a muted market reaction.
Italy: Intesa Sanpaolo raised its profit outlook.
Brazil: Investors demanded higher debt risk premiums, and Petrobras cut fuel imports while maximizing domestic refining.
Romania: Both nuclear reactors on the Danube were shut due to historically low river levels.
Mexico: Kia announced a $649 million investment to manufacture electric vehicles locally.
Bangladesh: US-Bangla Airlines agreed to purchase 21 Boeing aircraft as part of its expansion.
UAE: ADNOC sold crude at higher premiums to Asian buyers amid supply concerns.
Venezuela: Aging refineries continue to deteriorate, making production recovery increasingly difficult.
Turkey: Turkey aims to sign a comprehensive energy cooperation agreement with Iraq.
South Africa: Authorities approved Equinix’s new data centers despite environmental objections.
Russia: Yandex reported solid revenue growth and proposed an interim dividend.
Iran: Expected to receive Chinese shoulder-launched air-defense missile systems within weeks.
Source: Reuters
- July 30, 2026 08:57
US markets tumble after Fed remarks and Iran tensions
Vikram Kasat Head Advisory, PL Capital
Street Cred US At one point on Wednesday, S&P 500 was sitting on its biggest intraday comeback since 2003. Then Kevin Warsh started talking.
Dow sank 2.2% Nasdaq fell 1.7%.
Warsh didn’t offer much insight into the Fed’s expectations going forward, though he did say The Fed’s on the case
IranUpdate US Cent Com confirms fresh strikes on Iran.
‘The strikes are a powerful response to yesterday’s attempted Iranian attacks on US forces based in the Middle East’
Trump overnight hinted at strikes, ‘they took a shot, so it is our turn. Well see if we get an agreement at some point but we are to hit Them very hard’
Nifty 24250.20
Strong Support: 24140
1st Target: 24500+
- July 30, 2026 08:57
Market analysis by Vikram Subburaj, CEO, Giottus.com: July 30, 2026
Bitcoin traded near $64,150 on Thursday, up about 0.2% over 24 hours, after the US Federal Reserve left interest rates unchanged. The market response remained restrained. Three of the 12 voting policymakers preferred a quarter-point rate increase. The Fed also provided limited guidance on the timing of its next policy move.
Immediate support lies around $63,200-$63,000, followed by $62,000. Resistance is visible near $64,600-$65,100, with the recent local high around $66,700 presenting a stronger hurdle. A sustained move above this area would improve the recovery, while a break below $63,000 could return Bitcoin towards the lower end of its recent range.
On-chain conditions suggest cautious consolidation rather than a confirmed breakout. Glassnode reported that exchange liquidity has contracted and aggressive selling has eased moderately. However, perpetual-futures buying has weakened, long-position funding costs have cooled sharply and options open interest continues to expand. This indicates reduced speculative conviction alongside expectations of greater future volatility.
Institutional demand has also weakened. US spot Bitcoin ETFs recorded withdrawals of $225.1 million on July 23, $240.1 million on July 24, $11.6 million on July 27 and $49.7 million on July 28. These four completed sessions produced combined outflows of $526.5 million. July 29 showed a preliminary $57.7 million outflow, with BlackRock’s figure still unavailable.
Large-cap altcoins were mixed. Ethereum gained 0.5% to about $1,916, while BNB rose 1.2% to $576. XRP slipped 0.3% to $1.08, Solana declined 4.6% to $73.15, and TRON added 0.3% to $0.326. Bitcoin dominance remained elevated near 58.7%, indicating limited broad-market rotation.
Markets now imply roughly a 57% probability of a September rate increase. Today’s release of second-quarter US GDP and June PCE inflation data will be closely watched. Attention will then turn to Friday’s Employment Cost Index, which could determine whether those expectations strengthen further.
Our advice: Investors should avoid chasing short-term moves. Staggered accumulation, limited leverage and disciplined position sizing remain preferable until Bitcoin clears $66,700 with renewed spot and ETF demand.
- July 30, 2026 08:56
WATCH: Today's stock recommendation
- July 30, 2026 08:56
PCBL Chemical Q1 net profit rises to ₹1.5B, revenue at ₹24.7B; EBITDA at ₹2.4B, margin at 14.4%
PCBL CHEMICAL: Q1 CONS NET PROFIT 1.5B RUPEES VS 940.5M (YOY)
PCBL CHEMICAL: Q1 REVENUE 24.7B RUPEES VS 21.1B (YOY)
PCBL CHEMICAL: Q1 EBITDA 2.4B RUPEES VS 2.3B (YOY)
PCBL CHEMICAL: Q1 EBITDA MARGIN 14.42% VS 15% (YOY)
- July 30, 2026 08:55
Sharda Cropchem Q1 net profit falls to ₹880M, revenue rises to ₹10.74B; EBITDA margin contracts to 17.3%
SHARDA CROPCHEM: Q1 CONS NET PROFIT 880M RUPEES VS 1.4B (YOY)
SHARDA CROPCHEM: Q1 REVENUE 10.74B RUPEES VS 9.85B (YOY)
SHARDA CROPCHEM: Q1 EBITDA 1.86B RUPEES VS 2.15B (YOY)
SHARDA CROPCHEM: Q1 EBITDA MARGIN 17.32% VS 21.86% (YOY)
- July 30, 2026 08:55
Honeywell Automation Q1 net profit rises to ₹1.5B, revenue at ₹12B; EBITDA margin improves to 14.3%
HONEYWELL AUTOMATION: Q1 SL NET PROFIT 1.5B RUPEES VS 1.24B (YOY)
HONEYWELL AUTOMATION: Q1 REVENUE 12B RUPEES VS 11.83B (YOY)
HONEYWELL AUTOMATION: Q1 EBITDA 1.72B RUPEES VS 1.41B (YOY) ||
HONEYWELL AUTOMATION: Q1 EBITDA MARGIN 14.32% VS 11.96% (YOY)
- July 30, 2026 08:52
PE firm ChrysCapital acquires Swiss parent’s stake in Novartis India
- July 30, 2026 08:44
Asian Paints Q1 net profit jumps to ₹1,500 crore, revenue at ₹10,500 crore; EBITDA margin improves to 20.6%; volume growth at 9%
ASIAN PAINTS: Q1 CONS NET PROFIT 15B RUPEES VS 11B (YOY); EST 12.7B
ASIAN PAINTS: Q1 REVENUE 105B RUPEES VS 89.4B (YOY); EST 102B
ASIAN PAINTS: Q1 EBITDA 21.7B RUPEES VS 16.24B (YOY); EST 18.7B
ASIAN PAINTS: Q1 EBITDA MARGIN 20.6% VS 18.2% (YOY); EST 18.3%
ASIAN PAINTS: Q1 VOLUME GROWTH AT 9% VS FY27 GUIDANCE OF 8% TO 10%
- July 30, 2026 08:43
J&K Bank Q1 net profit at ₹4.2B vs ₹4.84B YoY; revenue rises to ₹35.5B; GNPA improves to 2.37%, NNPA to 0.60%
JAMMU & KASHMIR BANK: Q1 SL NET PROFIT 4.2B RUPEES VS 4.84B (YOY)
JAMMU & KASHMIR BANK: Q1 REVENUE 35.5B RUPEES VS 32.7B (YOY)
JAMMU & KASHMIR BANK: Q1 GNPA 2.37% VS 2.5% (QOQ)
JAMMU & KASHMIR BANK: Q1 NNPA 0.60% VS 0.64% (QOQ)
- July 30, 2026 08:43
The Nifty IT index is the best performing sectoral index in July so far
-TCS is up 17% this month already
Infy is up 12% in one month
The 3 mutual funds that have highest exposure to tech stocks are PPFAS flexicap , HDFC flexicap and HDFC midcap fund
Parag Parikh Flexi Cap Fund: 10.2%
HCL Tech: 3.60%
Infosys: 3.06%
Tata Consultancy Services: 2.54%
HDFC Flexi Cap Fund: 10.62%
HCL Tech: 2.47%
Infosys: 1.32%
Persistent Systems: 1.25%
HDFC Mid Cap Fund: 9.77%
Coforge: 2.28%
Persistent Systems: 1.79%
Emphasis: 1.57%
- July 30, 2026 08:42
Devyani International Ltd. | CMP Rs. 119 | M Cap Rs. 14672 Cr | 52 W H/L 191/92
(Nirmal Bang Retail Research)
Result is above expectations
Revenue from Operations came at Rs. 1580.5 Cr (10% QoQ, 16.5% YoY) vs expectation of Rs. 1575.1 Cr, QoQ Rs. 1436.9 Cr, YoY Rs. 1357 Cr
EBIDTA came at Rs. 254.2 Cr (16.7% QoQ, 24.1% YoY) vs expectation of Rs. 245 Cr, QoQ Rs. 217.7 Cr, YoY Rs. 204.9 Cr
EBITDA Margin came at 16.1% vs expectation of 15.6%, QoQ 15.2%, YoY 15.1%
Adj. PAT came at Rs. 14.6 Cr vs expectation of Rs. 4 Cr, QoQ Rs. -10 Cr, YoY Rs. 3.7 Cr
Quarter EPS is Rs. 0.1
Stock is trading at P/E of 108.7x FY28E EPS
- July 30, 2026 08:42
Supreme Industries Ltd. (SIL) Q1FY27 Concall Update
(Nirmal Bang Retail Research)
Outlook – Neutral
1.\u0009SIL reported broadly in-line with expectation Q1FY27 numbers wherein revenues grew 4.2% YoY. EBITDA margins improved from 12.2% in Q1FY26 to 14.6% in Q1FY27. Volume declined by 14.2% YoY. EBITDA margins improved because of better product mix and Volume sales declined because of channel de-stocking.
2.Segment Performance
•\u0009The Plastic Piping System business saw a 15% de-growth in volume and a 5% de-growth in value.
•\u0009The Packaging Product segment de-grew 10% in volume and grew 9% in value terms.
•\u0009The Industrial Product segment de-grew by 6% in volume and grew in value by 24%.
•\u0009The Consumer Product segment de-grew by 22% in volume and de-grew by 11% in value.
3.\u0009Guidance
•\u0009Management anticipates overall volume growth of 12% to 13% for FY27, with the piping segment expected to grow between 15% and 17%.The company projects margins for FY27 to be between 14% and 14.5%.
•\u0009Management long term focus is to increase the exports from $26 million to $150 million over next 6-7 years, where focus will be on countries with Free trade agreement.
•\u0009Management expects gas piping business to reach RS 600 crore revenue this year.
4.\u0009CAPEX
•\u0009Capex guidance for the year is ~ Rs. 1000 cr. Rs 500 cr is already committed.
5.\u0009Stock is priced at 32x FY28E earnings.
- July 30, 2026 08:42
J&K bank - Q1FY27 - NIM decline is one of the highest QOQ in banking sector
- July 30, 2026 08:41
Vedanta Oil & Gas swings to ₹945 crore Q1 profit vs ₹100 crore loss QoQ; revenue at ₹25.1B, EBITDA margin at 32.5%
VEDANTA OIL AND GAS: Q1 CONS NET PROFIT 9.45B RUPEES VS LOSS 1B (QOQ)
VEDANTA OIL AND GAS: Q1 REVENUE 25.1B RUPEES VS 25.84B (QOQ)
VEDANTA OIL AND GAS: Q1 EBITDA 8.14B RUPEES VS 8.8B (QOQ) || Q1 EBITDA MARGIN 32.47% VS 34.17% (QOQ)
- July 30, 2026 08:40
SUMMARY OF FED DECISION : July 29
1. Fed leaves rates unchanged for the 5th straight meeting
2. Fed votes 9-3 to hold benchmark rate in 3.50%-3.75% zone
3. Hammack, Kashkari, and Logan dissent in favor of rate hike
4. Fed says economic activity is expanding at a “solid pace” despite uncertainty
5. Fed says job gains have “kept pace with the workforce”
6. Fed says it remains committed to its 2% inflation goal
SUMMARY OF FED CHAIR WARSH’S STATEMENT:
1. The US economy is showing “impressive resilience”
2. Inflation “remains elevated” relative to the Fed’s 2% target
3. The policy statement displays “just the facts” and “steers clear” of guidance
4. There is no soft inflation target, the only target is 2%
5. Fed notes nominal and real yields are materially higher since last Fed meeting
6. Market participants are “learning to play the ball, not the referee”
- July 30, 2026 08:23
Top technical indicators for today's trade
* Trend: Positive bias remains intact, but the market is still range-bound.
* Immediate support: 24,250 (critical intraday level).
* Strong support zone: 24,100–24,000.
* Immediate resistance: 24,350 (key breakout level).
* Next resistance: 24,450.
* Advance/Decline ratio: 31:19, indicating broader market strength.
* Nifty Futures: Trading above spot, reflecting a mildly bullish undertone.
* Sector leadership: Nifty IT (+1.8%) and Nifty Auto (+1.1%).
* Weak sectors: Nifty Realty (-1.3%) and Nifty Chemicals (-0.7%).
* Market trigger: A sustained move above 24,350 could extend gains, while a break below 24,200–24,250 may trigger fresh selling.
Trading view
* Bullish above: 24,350 - Potential move towards 24,450.
* Bearish below: 24,200 - Risk of decline to 24,100–24,000.
* Until then: Expect consolidation with stock-specific action, led by IT stocks.
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Trading Guide for July 30, 2026: Intraday supports, resistances for Nifty50 stocks
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Stock to buy today: Signatureglobal (India) (₹819.30)
Published on July 30, 2026






















































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