The optimism around Q1 earnings is shifting from large caps to midcaps. Following a five-week breather near the all-time high, the Midcap Index regained momentum, said ICICI Securities.
Benchmark indices rallied on Monday, supported by a combination of easing geopolitical tensions, a sharp decline in crude oil prices, a stronger rupee, strong Q1FY27 results, and renewed FII buying.
Sebi has prohibited ZEEL from the securities market for two months and its Chairman Emeritus Subhash Chandra and MD & CEO Punit Goenka for one year.
The company's revenue grew by 21.1 per cent from the same quarter last year to ₹15,548 crore from ₹12,835.66 crore in the year-ago period.
The broader technical structure remains confined within the prevailing trading range on the weekly charts, with immediate resistance placed in the 24,500-24,600 zone
The domestic stock market is entering a significant trading week, with the RBI's interest rate decision, West Asia situation involving the US-Iran conflict, and crude oil prices emerging as the major driving factors for investors' sentiment, analysts said. Besides, quarterly earnings and trading activity of foreign investors would also be tracked by investors to determine further movement, they added. "This week is expected to be eventful, with the RBI Monetary Policy Committee (MPC) meeting (August 3-5) emerging as the key domestic trigger. Market participants will also closely monitor the ongoing Q1 FY27 earnings season, with several largecap and midcap companies scheduled to announce their results," Ajit Mishra SVP, Research, Religare Broking Ltd, said. Globally, developments surrounding the US-Iran conflict, stability of crude oil supplies through key shipping routes will remain important drivers of market sentiment, he added. After four straight months of selling, foreign ...
Sensex Today | Stock Market LIVE Updates Friday: The GIFT Nifty indicated a positive open for the Nifty50 index. Overnight rise in Wall Street AI shares lifted Asian indices to record gains
The BSE Healthcare hit a new high of 51,108 on Friday, rallying 3.7% in July. The index has surged 22% since April 2026.
Brokerages said that Mankind Pharma's Consumer Healthcare growth was muted in Q1, impacted by the discontinuation of discounted cash-and-carry sales.
Astra Microwave secured an order worth ₹2,205.20 crore from HAL for procuring 122 AAAU and 121 Interface Frames for the indigenous Uttam AESA Radar programme.
MV Electrosystems IPO GMP today: MV Electrosystems shares currently trade at ₹545 in the grey market, reflecting a premium of ₹120, or 29.4 per cent, above the upper price band of ₹425.
M&M today reported a 33.6 per cent year-on-year growth in consolidated net profit at ₹5,454.54 crore for the quarter ended June 30, 2026.
Auto stocks in demand: BSE Auto index rose 2 per cent, and quoted nearly its all-time high of 64,584 hit on January 1, 2026.
Going forward, recovery in project execution, margin improvement in the Industrial Infra segment, revival in export demand and sustained order inflows will remain the key monitorables, analysts said.
Hyundai Motor India Limited's consolidated profit after tax fell 35.1 per cent year-on-year to ₹888.62 crore in the quarter ended June 30, 2026.
Technology stocks witnessed some profit-taking on Friday following a 19% rally in the Nifty IT index this July.
AI trade is unwinding from the inside. The largest hyperscalers are funding capex with debt at a scale that has turned free cash flows negative said Manish Bhandari, CEO at Vallum Capital.
Post Q1 results, MOFSL has shared a constructive view on Swiggy and retained its 'Buy' rating. The brokerage has revised its target price to ₹350.
Technical analysts flag that Nifty ranged between 23,600-24,600 after the initial rally in FY27; however, select momentum indicators show improvement for the BSE, NSE benchmark indices on charts.
Tata Steel reported an 11.6 per cent year-on-year (Y-o-Y) increase in consolidated net profit to ₹2,318.35 crore in the first quarter of 2026-27.