Stock market highlights: Sensex sheds 586pts, Nifty at 24,565; pharma shares bleed; FMCG bucks trend

Stock market highlights, August 1, 2025: Among the broader markets Nifty Midcap100, and Smallcap100 indices settled lower by 1.33 per cent, and 1.66 per cent, respectively

3:55 PM

Stock Market LIVE Updates: Expert view

Stock Market LIVE Updates: Markets began the August series on a negative note, extending the prevailing corrective trend, and ended lower by over half a percent. The first half of the session remained range-bound, with Nifty oscillating in a narrow band. However, selling pressure in heavyweights during the final hours dragged the index below its medium-term moving average—the 100-day EMA—near the 24,600 mark, eventually settling at 24,565.35.

 

On the sectoral front, pharma, metal, and IT were among the top losers. The broader indices also witnessed sharp cuts, each losing nearly 1.5 per cent, resulting in a significant decline in market breadth.

 

Markets continue to grapple with a mixed earnings season, while the recent tariff announcement and persistent foreign fund outflows are further weighing on sentiment. Nifty is now approaching its next crucial support at 24,450; a breach of this level could trigger a retest of the long-term moving average, the 200-day EMA, near 24,180. On the upside, the 24,800–25,000 zone is expected to act as a strong hurdle. We maintain our cautious stance and continue to recommend a hedged approach with a negative bias until clear signs of reversal emerge.

View by: Ajit Mishra – SVP, Research, Religare Broking Ltd.

3:40 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: The Indian equity market extended its decline for a second day, pressured by renewed tariff threats and punitive duties that could undermine India’s global trade competitiveness. Investor sentiment weakened further as FIIs now hold the second-highest net short position in derivatives, reflecting elevated caution. Globally, markets turned negative amid rising US inflation and trade tensions. While the sell-off was broad-based, FMCG stocks emerged as a defensive play, supported by attractive valuations, resilient demand, and relative immunity to external trade disruptions.

View by: Vinod Nair, head of research, Geojit Investments Limited.

3:39 PM

Stock Market LIVE Updates: Sector check

Stock Market LIVE Updates: Nifty IT, Auto, PSU Bank, Pharma, realty drag headline indices.

3:37 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: BSE Midcap and Smallcap closed down 1.37 per cent and 1.59 per cent respectively. 

3:36 PM

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

Stock Market LIVE Updates: Trent, Asian Paints, Hindustan Unilever (HUL) were among the top gainers. Conversely, Sun Pharma, Tata Steel, Infosys were among the top drags. 

3:34 PM

Stock Market LIVE Updates: Sensex closes at 80,600, down 586

Stock Market LIVE Updates: BSE Sensex finished at 80,599.91, down 585.67 points or 0.72 per cent. 

3:33 PM

Stock Market LIVE Updates: Nifty closes at 24,565, down 203 pts

Stock Market LIVE Updates: NSE Nifty50 closed at 24,565.35, down 203 points or 0.82 per cent. 

 

3:21 PM

Stock Market LIVE Updates: Procter & Gamble Health rallies 10%

Stock Market LIVE Updates:  Shares of Procter & Gamble Health hit a four-year high at ₹6,475, as they rallied 10 per cent on the BSE in Friday’s intra-day trade in an otherwise weak market after the company reported strong earnings for the quarter ended June 2025 (Q1FY26). READ MORE

3:10 PM

Stock Market LIVE Updates: Chalet Hotels shares jump 19% post Q1; analyst decodes stock strategy

Stock Market LIVE Updates:Shares of high-end hotels operator, Chalet Hotels, jumped 19 per cent on Friday, August 1, 2025, logging an intraday high of ₹1,082.00, after announcing its results for the first quarter of the financial year 2025-2026 (Q1FY26). READ MORE

3:03 PM

Stock Market LIVE Updates: Sensex heatmap

Stock Market LIVE Updates: Barring Trent, Asian Paints, HUL, ITC, Kotak Mahindra Bank, Reliance Industries, and Power Grid, all other constituent stocks of BSE Sensex were trading lower.

3:01 PM

Stock Market LIVE Updates: 3 PM market update

Stock Market LIVE Updates: The benchmark Indian equity indices were trading lower during the intra-day trade on Friday. At 3 PM, the BSE Sensex was trading at 80,743, down 162 points or 0.67 per cent, while the NSE Nifty50 was trading lower by 162 points or 0.67 per cent at 24,603.10 levels. 

 

2:50 PM

Stock Market LIVE Updates: Go Fashion (India) announces its Q1FY26 results

Stock Market LIVE Updates:  Go Fashion (India) reported a 22 per cent year-on-year (Y-o-Y) decline in its profit after tax (PAT) at ₹22.3 crore in Q1FY26, compared to ₹28.7 crore in Q1FY25.

 

The company's total revenue advanced 1 per cent Y-o-Y to ₹222.8 crore in Q1FY26, up from ₹220.1 crore reported in Q1FY25. Its earnings before interest, tax, depreciation and amortisation (Ebitda) stood at ₹68.7 crore in Q1FY26, down 5 per cent Y-o-Y from ₹72.1 crore reported in Q1FY25.

2:45 PM

Stock Market LIVE Updates: IPO Calendar: NSDL, Aditya Infotech among 15 firms to debut next week

Stock Market LIVE Updates: Primary market investors will remain in action next week with the launch of eight new initial public offerings (IPOs) and listing of 15 companies on the stock exchanges. In the mainboard segment, National Securities Depository (NSDL) IPO is scheduled to make its debut on the exchanges on Wednesday, August 6, 2025. The SME segment will also witness the listings of nine public issues. READ MORE

2:35 PM

Stock Market LIVE Updates: Adani Power Q1 FY26 resultS

Stock Market LIVE Updates:  Adani Power on Friday posted a consolidated net profit of ₹3,305.13 crore for the first quarter of the financial year 2025-26 (Q1 FY26), down 15.5 per cent from ₹3,912.79 crore in the same quarter last year. The drop was attributed to lower merchant tariffs and elevated operating expenses following acquisitions. READ MORE

2:31 PM

Stock Market LIVE Updates: TVS Motor, Eicher gain up to 4% in weak market

Stock Market LIVE Updates: Shares of two-wheeler (2W) companies TVS Motor Company, Eicher Motors, Hero MotoCorp and Bajaj Auto rallied up to 4 per cent on the BSE in Friday’s intra-day trade in an otherwise subdued market. 

 

At 01:02 PM; these stocks were trading higher by up to 2 per cent. In comparison, the BSE Sensex was down 0.41 per cent and the BSE Auto index slipped 0.74 per cent. READ MORE