Market Performance
The Indian equity benchmarks extended their upward movement for the second consecutive session on Wednesday, July 30, amid a blend of stock-specific momentum and cautious sentiment.
- Sensex climbed 144 points (0.18%) to settle at 81,481.86
- Nifty 50 ended higher by 34 points (0.14%) at 24,855.05
Mid and small-cap segments also saw moderate traction:
- BSE Midcap Index rose 0.17%
- BSE Smallcap Index increased by 0.17%
The total valuation of companies listed on the BSE rose in market capitalisation climbed to ₹452.3 lakh crore, up from ₹451.44 lakh crore in the previous session.
Main News
Despite mixed global cues and investor caution ahead of the US Federal Reserve’s policy decision, Indian equities held steady on the back of strong earnings by select heavyweights.
- Larsen & Toubro (L&T) shares jumped 4.68%, contributing significantly to the indices' gains after its robust Q1 FY26 earnings.
- Market activity was partly driven by short covering ahead of the July derivatives series expiry on Thursday.
- Uncertainty remains over India-US trade talks, with US tariffs on Indian goods potentially increasing to 26% starting August 1.
Company Details: Top Gainers and Losers
Top Gainers on Nifty 50
Company | Gain (%) |
Larsen & Toubro | 4.68 |
1.51 | |
1.36 |
Top Losers on Nifty 50
Company | Loss (%) |
-3.52 | |
-1.95 | |
-1.06 |
Sectoral Performance
Most sectoral indices ended in the red:
- Nifty Realty: -0.96%
- Nifty Media: -0.79%
- PSU Bank Index: -0.66%
- Nifty Auto: -0.60%
- Nifty Bank & Private Bank: -0.13% each
- Financial Services Index: Flat
The industrial segment, however, gained momentum following L&T’s earnings announcement.
Market Breadth and Volume Leaders
Most Active Stocks by Volume (NSE)
Stock Name | Volume (in Cr. shares) |
30.98 | |
20.11 | |
8.27 |
Advance-Decline Ratio (BSE)
Out of 4,158 traded stocks:
- Advancing: 2,030
- Declining: 1,968
- Unchanged: 160
Stocks Hitting New Highs and Lows
52-Week Highs (144 stocks)
Notable names:
- HDFC Bank
- HDFC Asset Management Company
- Hitachi Energy India
- Torrent Pharmaceuticals
- Coromandel International
- Bosch
52-Week Lows (66 stocks)
Notable names:
Stocks Surging Over 15% on BSE
At least 10 stocks recorded a 15%+ surge in intraday trade:
- Markolines Pavement Technologies
- Bliss GVS Pharma
- Omax Autos
- Remi Edelstahl Tubulars
- Elegant Floriculture & Agrotech India
Summary of the Article
The Sensex and Nifty maintained their upward momentum for a second straight session, primarily boosted by L&T's strong performance. While global cues and the impending US Fed decision kept markets cautious, the Indian market displayed resilience with gains across industrials. Stock-specific actions, especially in L&T, helped offset pressures from underperforming sectors like auto and realty.
With market cap nearing ₹452.3 lakh crore and over 140 stocks hitting new highs, investor sentiment appears stable, albeit watchful.
This Sensex and Nifty news update highlights the delicate balance between global uncertainties and domestic earnings-driven optimism shaping India's equity landscape.
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