Stock market highlights: Sensex falls 308 pts, Nifty at 24,650; Oil & Gas, Pharma stocks top drag

Stock market close highlights on Tuesday, Aug 5:Sensex settled 0.38 per cent or 308.47 points lower at 80,710.25 levels, while NSE's Nifty50 slipped 0.30 per cent or 73.20 points to 24,649.55 levels.

3:55 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: Benchmark indices fell sharply amid escalated geopolitical tensions after US President Donald Trump announced plans to substantially hike tariffs on Indian goods, specifically as retaliation for India’s continued oil imports from Russia. This sudden announcement triggered widespread caution and risk-off sentiment among investors, leading to profit-booking in the broader market.

Key sectors such as oil & gas, IT, and FMCG led the declines, with heavyweights like ICICI Bank, Tech Mahindra, Reliance Industries, Infosys, Asian Paints, and Adani Ports among the top laggards. Conversely, some resilience was seen in auto stocks and metal stocks, which limited broader losses.

View by: Vaibhav Vidwani, research analyst, Bonanza.

 

3:42 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: Nifty traded with a negative bias throughout the day, remaining below the 50EMA. On the daily chart as well, the index is comfortably placed below the 50EMA. The current range is 24,400–24,850, and in the short term, the index is likely to remain within this band. Only a decisive move beyond this range might determine the next course of action for the market.

View by: Rupak De, senior technical analyst, LKP Securities.

3:37 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: BSE MidCap and SmallCap indices closed 0.14 per cent and 0.27 per cent lower respectively. 

3:36 PM

Stock Market LIVE Updates: Here's a look at Sensex gainers and loser at close

Stock Market LIVE Updates: Adani Ports, Infosys, ICICI Bank and Reliance Industries (RIL) were among the top laggards on Sensex.

 

3:34 PM

Stock Market LIVE Updates: Sensex closes at 80,710, down 308 pts

Stock Market LIVE Updates: BSE Sensex settled at 80,710.25, down 308.47 points or 0.38 per cent. 

3:33 PM

Stock Market LIVE Updates: Nifty closes at 24,650, down 73 pts

Stock Market LIVE Updates: NSE Nifty50 closed at 24,649.55, down 73.2 points or 0.3 per cent. 

3:27 PM

Stock Market LIVE Updates: Tax dept probing Jane Street over possible tax treaty misuse: Report

Stock Market LIVE Updates: India's tax authorities are investigating whether Jane Street violated tax laws by booking profits via its Singapore entities on its derivative trades in the Indian market, three sources briefed on the matter said.

 

Searches at the US trading firm's India offices by the income tax department have been underway since last week, sources have said. A government source who was briefed on the matter later said that Jane Street staff were not cooperating.

 

The tax authorities' enquiries follow a temporary ban by the Securities and Exchange Board of India (Sebi), the market regulator, which publicly alleged that the firm manipulated stock indexes through its derivatives positions.

 

Jane Street has denied the Sebi allegations, but has not made any public comments so far on the tax investigation. The firm did not respond to a Reuters request sent to its US headquarters for comment on Monday on the latest developments. READ MORE

3:19 PM

Stock Market LIVE Updates: Supported by Brics, like-minded allies: Russia amid Trump's tariff threats

Stock Market LIVE Updates: Russia on Monday (local time) said the country is supported by a vast number of partners, like-minded states, and allies amid tariff wars or sanction threats by US President Donald Trump.

 

Foreign Ministry Spokeswoman Maria Zakharova made these remarks in response to a media question regarding the tightening of tariffs by the Trump administration towards the countries of the Global South.

 

Zakharova noted, "Sanctions and restrictions have, unfortunately, become a defining feature of the current historical period, impacting countries across the globe." 

 

She further added that Washington is unable to accept the erosion of its dominance in an emerging multipolar international order and is continuing to pursue a neocolonial agenda, employing politically motivated economic pressure against those who choose an independent course on the international stage. READ MORE

3:10 PM

Stock Market LIVE Updates: Highway Infrastructure IPO fully booked: Subscription rises 19x, GMP at 57%

Stock Market LIVE Updates: The initial public offering (IPO) of infrastructure development company Highway Infrastructure opened for subscription today, August 5, 2025. The mainboard public issue is receiving a solid response from investors, as the issue was fully subscribed within a few hours after opening. The issue was subscribed around 18.88 times as of 2:30 PM on Tuesday, day 1 of the offering, according to data from the National Stock Exchange. READ MORE

3:00 PM

Stock Market LIVE Updates: Sundaram Midcap Fund clocks 24.1% CAGR over 23 years since its launch

Stock Market LIVE Updates: Sundaram Mutual Fund’s midcap scheme, Sundaram Midcap Fund, has completed 23 years, growing at a compounded annual growth rate (CAGR) of 24.10 per cent since its launch, the fund house said in a statement.

 

Sundaram Asset Management Company, a major player in the fund management space with a retail focus, had assets under management (AUM) of Rs 73,405 crore. Along with its subsidiary Sundaram Alternate Assets Ltd (SAAL), the AUM stood at Rs 80,463 crore as on 30 June 2025.

 

The statement said that over the 23-year period starting in July 2002, the fund has emerged as a strong compounder. A Rs 1 lakh investment at the time of launch would be worth approximately Rs 1.4 crore now, delivering a CAGR of 24.1 per cent. Similarly, a monthly systematic investment plan (SIP) of Rs 10,000, totalling Rs 27.5 lakh over the same period, would now be worth around Rs 4.71 crore with an extended internal rate of return (XIRR) of 20.7 per cent, it said. READ MORE

2:50 PM

Stock Market LIVE Updates: Tata Capital IPO: Know key risks, strengths from Tata Group's NBFC DRHP

Stock Market LIVE Updates: D-Street investors are set to witness another major listing from the Tata Group, as its flagship non-banking financial company (NBFC), Tata Capital, has filed its Draft Red Herring Prospectus (DRHP) with the capital markets regulator, the Securities and Exchange Board of India (Sebi), for its initial public offering (IPO). This will mark the first IPO from the Tata Group in nearly two years, following the public debut of Tata Technologies in November 2023.

 

Tata Capital is the third-largest diversified NBFC in India by total gross loans. According to the Reserve Bank of India (RBI) regulations for upper-layer NBFCs, Tata Capital is required to complete its public offering by September 2025. READ MORE

2:38 PM

Stock Market LIVE Updates: KICL forays into value footwear market with Zodiz and Jeetlo acquisition

Stock Market LIVE Updates: Chennai-based Kothari Industrial Corporation (KICL), a part of the D C Kothari group, has acquired Zodiz, Jeetlo, and other associated sub-brands in the footwear field.

 

These brands cater to the price- and quality-conscious mass market, offering products below Rs 1,000 per pair — a segment that accounts for nearly 80 per cent of total Indian footwear consumption, valued at Rs 80,000 crore to Rs 85,000 crore annually. This is KICL's official entry into the branded value footwear and accessories segment, marking a significant milestone in its growth journey in the footwear sector. READ MORE

2:30 PM

Stock Market LIVE Updates: Deloitte projects India's FY26 growth at 6.4-6.7%, flags global risks

Stock Market LIVE Updates:  Deloitte India on Tuesday projected India's economic growth at 6.4-6.7 per cent in the current fiscal citing robust domestic fundamentals and expanding global opportunities. It, however, said that India must monitor its trade exposure and be prepared for the outcomes of geopolitical uncertainties. READ MORE

 

2:20 PM

Stock Market LIVE Updates: RBZ Jewellers announces credit rating update

Stock Market LIVE Updates:  RBZ Jewellers has informed the stock exchanges that CRISIL Ratings has reaffirmed its credit ratings. The total bank loan facilities rated have been enhanced to ₹200 crore from ₹150 crore. The long-term credit rating has been reaffirmed at CRISIL BBB+/Stable, while the short-term rating remains at CRISIL A2.

 

2:11 PM

Stock Market LIVE Updates: Adani Ports Q1 results: Profit rises 6.5% to ₹3,314 crore; revenue up 31%

Stock Market LIVE Updates: Adani Ports and Special Economic Zone (APSEZ) on Tuesday reported a 6.5 per cent jump in consolidated net profit at ₹3,314.59 crore for the first quarter of the financial year 2024-26 (FY26). Adani Ports had registered a profit of ₹3,112.83 crore in the year-ago period. READ MORE

2:06 PM

Stock Market LIVE Updates: Sensex heatmap

Stock Market LIVE Updates:  Titan Company, Maruti Suzuki India, Trent, and Bharti Airtel were leading the gains among the Sensex constituent stocks during the intra-day trade on Tuesday.

2:00 PM

Stock Market LIVE Updates: 2 PM market update

Stock Market LIVE Updates: The benchmark Indian equity indices were trading lower on Tuesday. At 2 PM, the BSE Sensex was quoted at 80,656.79, down 361.93 points or 0.45 per cent, while the NSE Nifty 50 was trading lower by 96.90 points or 0.39 per cent at 24,625.85.

1:55 PM

Stock Market LIVE Updates: Jayaswal Neco zooms 54% in 2 weeks. What's driving smallcap stock price?

Stock Market LIVE Updates:  Shares of Jayaswal Neco Industries hit a 52-week high of ₹55.48, as they rallied 7 per cent on the BSE in Tuesday's intra-day trade amid heavy volumes in an otherwise weak market. The stock price of the small-cap iron and steel products company surpassed its previous high of ₹54.95, touched on September 11, 2024. READ MORE

1:45 PM

Stock Market LIVE Updates: LIC Housing posts weak Q1 results; JM Financial, MOFSL share stock strategy

Stock Market LIVE Updates: Shares of LIC Housing Finance are in focus after the company reported its June 2025 quarter (Q1FY26) results. The stock fell nearly 3 per cent on Tuesday, on the NSE, to touch an intraday low of ₹575.2.  READ MORE

1:37 PM

Stock Market LIVE Updates: MSCI August rejig: Vishal Mega, Swiggy among entrants; $1 bn inflows likely

Stock Market LIVE Updates:  Shares of Vishal Mega Mart, Swiggy, Hitachi Energy, and Waaree Energies are likely to be included in the benchmark India MSCI index's August rejig, according to Nuvama Institutional Equities. READ MORE

1:28 PM

Stock Market LIVE Updates: Azad Engineering share gains 7% on strong Q1 results

Stock Market LIVE Updates: Azad Engineering share was buzzing in trade on Tuesday, August 5, 2025, with the scrip rising up to 7.42 per cent to an intraday high of ₹1,612 per share. 

 

Azad Engineering shares were buzzing after the company posted a strong set of results in the June quarter of financial year 2026 (Q1FY26). READ MORE

1:18 PM

Stock Market LIVE Updates: Torrent Electricals to invest over ₹1,000 cr in housing wire segment

Stock Market LIVE Updates: Torrent Electricals on Tuesday said it plans to invest over ₹1,000 crore in its newly-launched housing wire vertical over the next few years to expand manufacturing capacity and distribution network. READ MORE

1:09 PM

Stock Market LIVE Updates: Triveni Turbine shares decline 9% on posting weak Q1 results

Stock Market LIVE Updates: Triveni Turbine shares slipped 8.6 per cent on Tuesday, August 5, 2025, and logged an intra-day low at ₹540.7 per share on BSE. The selling pressure came after the company posted its Q1 results. READ MORE

1:01 PM

Stock Market LIVE Updates: 1 PM market update

Stock Market LIVE Updates: Indian benchmark indices traded with caution on Tuesday after US President Donald Trump vowed to substantially increase the tariff rates for India. As of 1 PM, the BSE Sensex quoted 80,742.75, down 277.91 points or 0.34 per cent and the NSE Nifty50 quoted 24,640.50, down 82.25 points or 0.34 per cent.

12:54 PM

Stock Market LIVE Updates: Aurobindo Pharma stock falls 2% after Q1 results

Stock Market LIVE Updates: Shares of pharmaceutical major Aurobindo Pharma fell over 2 per cent to hit an intraday low of ₹1,067.3 on Tuesday after the company reported a disappointing set of numbers in the first quarter of fiscal 2026 (Q1FY26). READ MORE

12:45 PM

Stock Market LIVE Updates: Nifty Oil & Gas slips 1%; Here's why

Stock Market LIVE Updates: Oil & gas-related stocks were under pressure in trade on Tuesday, August 5, 2025. On the National Stock Exchange (NSE), the Nifty Oil & Gas index declined 1.3 per cent to day’s low at 11,001.25. 

 

Mahanagar Gas was down 2.9 per cent, Hindustan Petroleum Corporation 1.57 per cent, Petronet LNG 1.54 per cent, Reliance Industries (RIL) and Gail India were down 1 per cent. READ MORE

12:35 PM

Stock Market LIVE Updates: Here's what NSDL GMP hints at ahead of listing

Stock Market LIVE Updates: Ahead of the listing, the unlisted shares of NSDL were exchanging hands at around ₹924 per share, reflecting a grey market premium (GMP) of ₹124 per share or nearly 15.50 per cent over the issue price of ₹800, according to sources tracking unofficial market activity. READ MORE

12:18 PM

Stock Market LIVE Updates: Kaynes Technology rises 3% as arm inks MoU with Tamil Nadu govt

Stock Market LIVE Updates: Kaynes Technology India shares rose 3.4 per cent, on Tuesday, August 5, 2025, and logged an intra-day high at ₹6,515 per share on BSE.

 

The buying on the counter came after company arm Kaynes Circuits India entered into a Memorandum of Understanding (MoU) with the Government of Tamil Nadu for investment promotion and facilitation. READ MORE

12:11 PM

Stock Market LIVE Updates: Private bank share hits record high, soars 40% so far in CY25

Stock Market LIVE Updates: Shares of private lender CSB Bank hit a record high of ₹438.05, gaining 3.4 per cent on the BSE in Tuesday’s intra-day trade in otherwise a weak market. 

 

As of June 30, 2025, the company reported provisional total deposits of ₹35,990 crore, marking a 20 per cent year-on-year (Y-o-Y) growth from ₹29,920 crore recorded in Q1FY25. READ MORE

12:01 PM

Stock Market LIVE Updates: 12 PM market update

Stock Market LIVE Updates: Indian benchmark indices traded with caution on Tuesday after US President Donald Trump vowed to substantially increase the tariff rates for India. As of 12 PM, the BSE Sensex quoted 80,680.80, down 337.92 points or 0.42 per cent and the NSE Nifty50 quoted 24,622.70, down 100.05 points or 0.44 per cent.