Stock Market Highlights on Friday, July 23, 2026: The Nifty50 and the Sensex posted the worst week since March 13 as high oil prices due to West Asia tension weighed
Infosys reported a 12.2 per cent increase in net profit for the first quarter to ₹7,769 crore on a year-on-year basis. Revenue for the quarter was up 14 per cent to ₹48,211 crore.
Cipla reported a 39.2 per cent fall in net profit for the first quarter to ₹789.05 crore on a year-on-year basis. Revenue for the quarter was up at ₹7,119.28 crore
The company's move is aimed at allowing Instamart to directly own inventory and improve margins and it will be put to shareholders for approval at the AGM on August 18.
VK Vijayakumar of Geojit Investments said that the attack on Saudi tankers by the Iran-backed Houthis in the Red Sea is the main reason for the recent sharp spike in oil prices.
Sensex Today | Stock Market LIVE Updates Thursday: The GIFT Nifty indicated a gap-down open for the Nifty50 index. Most Asian markets advanced, tracking overnight gains on Wall Street
Brokerage firm JM Financial noted that Adani Green's reduced arbitrage potential from its merchant and BESS portfolio could lower Ebitda by 3-5 per cent going forward.
Key constituents of Nifty Metal index, steel stocks face a challenging earnings season amid diverging domestic pricing trends and mounting global risks from China and tighter EU import restrictions.
The state-owned refiner's Q1FY27 results came under pressure due to a net loss of ₹12,264 crore in Q1FY27, compared to a profit of ₹4,110 crore in Q1FY26.
Brokerage firm Elara highlighted Eternal's strong Q1FY27 result with healthy execution across food delivery and quick commerce despite LPG -led disruption in the food business.
Infosys, InterGlobe Aviation, Mahindra Lifespace Developers, Meesho, Ujjivan Small Finance Bank among top stocks slated to post their Q1 results today.
The Sensex touched a low of 76,722.21, down 748 points, or 0.96 per cent. Likewise, the Nifty 50 hit an intraday low of 23,973.70, down 214 points or 0.88 per cent.
Sensex Today | Stock Market LIVE Updates Wednesday: The GIFT Nifty indicated a negative open for the Nifty50 index. Most Asian markets advanced, tracking overnight gains on Wall Street
The tug-of-war between the bulls and bears continue as the market lacks direction, suggests the ADX index, which needs to cross the 25-mark for a directional move, says Ajit Mishra of Religare Broking
TVS Motor reported a 51 per cent increase in net profit for the first quarter to ₹1,174 crore on a year-on-year basis. Revenue for the quarter was up 38 per cent to ₹13,896 crore.
Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.3 per cent and 0.53 per cent higher, respectively.
