Sensex and Nifty News: Indices Rise for Second Day Amid L&T Rally and US Fed Watch

Sensex and Nifty News: Indices Rise for Second Day Amid L&T Rally and US Fed Watch

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

Sun Pharma

1.51

Tata Consumer

1.36

Top Losers on Nifty 50

Company

Loss (%)

Tata Motors

-3.52

Hero MotoCorp

-1.95

Power Grid Corp.

-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)

Vodafone Idea

30.98

Jayaswal Neco Industries

20.11

New India Assurance Company

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:

52-Week Lows (66 stocks)

Notable names:

Stocks Surging Over 15% on BSE

At least 10 stocks recorded a 15%+ surge in intraday trade:

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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