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PSU Banks Lead Broad-Based Gains Amid Structural & Macro Shifts

Indian equities ended the week on a positive note, with broad-based participation across sectors despite heightened global volatility. The Nifty PSU Bank Index emerged as the top performer, rallying 5.0%, followed by Nifty Metal (+3.7%), Microcap 250 (+3.5%), and Nifty Auto (+3.1%), while Nifty IT continued its strong momentum with a 2.7% weekly gain. Benchmark indices posted modest gains, with the Nifty 50 (+0.8%) and Sensex (+0.5%), whereas Nifty Realty (-1.7%) was the only major sector to close in the red. The week reflected improving market breadth, supported by strength in cyclical sectors and select mid- and small-cap segments.

Beyond index performance, markets witnessed several landmark developments. India introduced the Closing Auction Session (CAS) from August 3, fundamentally changing end-of-day price discovery and benchmark closing calculations. The RBI maintained the repo rate at 5.25% while, surprisingly, raising its FY27 growth outlook and lowering inflation projections, reinforcing confidence in the domestic economy. Globally, sharp swings in Brent crude driven by developments around the Strait of Hormuz kept risk sentiment volatile. Meanwhile, institutional flows rotated decisively toward technology, with the Nifty IT Index extending its structural breakout as optimism around AI-led global spending strengthened investor sentiment.

Stocks

Bharti Airtel Q1 FY27: Consistent Revenue Gains Backed by ARPU Resilience

Bharti Airtel Q1 FY27: Consistent Revenue Gains Backed by ARPU Resilience
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Persistent Systems Q1 FY27: AI-Led Momentum Drives Broad-Based Performance Growth

Persistent Systems Q1 FY27: AI-Led Momentum Drives Broad-Based Performance Growth
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APL Apollo Tubes Q1 FY27: Strong Revenue Growth Offsets Margin-Led Earnings Pressure

APL Apollo Tubes Q1 FY27: Strong Revenue Growth Offsets Margin-Led Earnings Pressure
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Uno Minda Q1 FY27: Strong Revenue Growth Continues, Margins Remain Under Pressure

Uno Minda Q1 FY27: Strong Revenue Growth Continues, Margins Remain Under Pressure
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Saregama Q1 FY27: Strategic Portfolio Expansion Drives Content and Creator Ecosystem Growth

Saregama Q1 FY27: Strategic Portfolio Expansion Drives Content and Creator Ecosystem Growth
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Shilpa Medicare Q1 FY27: Revenue Jumps 45% and PAT More Than Doubles on Strong Operating Performance

Shilpa Medicare Q1 FY27: Revenue Jumps 45% and PAT More Than Doubles on Strong Operating Performance
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eClerx Q1 FY27: Robust Revenue Momentum Persists Amidst Operating Margin Headwinds

eClerx Q1 FY27: Robust Revenue Momentum Persists Amidst Operating Margin Headwinds
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Crompton Greaves Q1 FY27: Broad-Based Momentum Driven by Record BLDC Adoption and Sustained Margins

Crompton Greaves Q1 FY27: Broad-Based Momentum Driven by Record BLDC Adoption and Sustained Margins
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Here’s how SBI Funds Management performed in Q1FY27.

Here’s how SBI Funds Management performed in Q1FY27.
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Navin Fluorine surged 13% after showing spectacular Q1FY27 results.

Navin Fluorine surged 13% after showing spectacular Q1FY27 results.
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The attached snip shows the performance of Siemens Energy.

The attached snip shows the performance of Siemens Energy.
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Strong Consumer Demand Drives Pidilite\'s Best Quarterly Performance.

Strong Consumer Demand Drives Pidilite\'s Best Quarterly Performance.
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GSK Pharma\'s Innovation Portfolio Drives Growth Despite Higher Investments.

GSK Pharma\'s Innovation Portfolio Drives Growth Despite Higher Investments.
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Custom Synthesis Powers Divi\'s Strongest Quarter in Years.

Custom Synthesis Powers Divi\'s Strongest Quarter in Years.
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Indices

PSU Banks Lead Weekly Gains, While Realty Emerges as the Only Major Laggard

PSU Banks Lead Weekly Gains, While Realty Emerges as the Only Major Laggard
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Economy

Here’s the highlight of the RBI MPC meet Aug 2027.

Here’s the highlight of the RBI MPC meet Aug 2027.
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Opportunities

Mrs Bectors Food Specialities has staged a strong rebound after finding strong support on the weekly chart, accompanied by a sharp surge in trading volumes. The stock has reclaimed its 20-week SMA and is now approaching a key falling trendline, indicating

Mrs Bectors Food Specialities has staged a strong rebound after finding strong support on the weekly chart, accompanied by a sharp surge in trading volumes. The stock has reclaimed its 20-week SMA and is now approaching a key falling trendline, indicating
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Food for Thought

Source: Visual Capitalist

Source: Visual Capitalist
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PSU Banks Lead Broad-Based Gains Amid Structural & Macro Shifts

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