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Stock Market LIVE: GIFT Nifty rises; Asia up as US indices hit record; Dixon, IRFC, Paytm Q1 eyed
6:57 AM
Stock Market LIVE Updates: UltraTech Cement's profit jumps 49% as volumes, prices grow in Q1FY26
Stock Market LIVE Updates: The consolidated net profit of the Aditya Birla group's UltraTech Cement (attributable to the owners of the parent) for the first quarter of 2025-26 (Q1FY26) grew by 48.9 per cent year-on-year (Y-o-Y) to ₹2,226 crore amid an overall sales volume growth of 9.7 per cent Y-o-Y to 36.83 million tonnes.
The company's grey cement realisations also improved by 2.4 per cent Y-o-Y to ₹5,165 per tonne amid the all-India Y-o-Y cement price hike of 6 per cent during the quarter.
The growth in the company's overall consolidated sales volume during the quarter came amid its acquisitions of Kesoram Industries and India Cements.
6:57 AM
Stock Market LIVE Updates: The net profit of Eternal, the parent company of food aggregator Zomato and quick-commerce firm Blinkit, dropped sharply by 90 per cent on year during the first quarter of financial year 2026 (Q1FY26), largely due to continued investments in quick-commerce expansion and in its going out segment District.
The profit after tax (PAT) — or net profit — of Eternal fell to ₹25 crore year-on-year (Y-o-Y) from ₹253 crore in Q1 of FY25. On a sequential basis, the profit was down 35.8 per cent from ₹39 crore in the previous quarter.
The company's revenue for the quarter rose 70.3 per cent Y-o-Y to ₹7,167 crore in Q1, up from ₹4,206 crore a year earlier. The revenue was ₹5,833 crore in the previous quarter. READ MORE
6:55 AM
Stock Market LIVE Updates: Top banks' fresh hiring slowed in FY25 amid moderation in business growth
Stock Market LIVE Updates: Hiring by the country's large commercial banks fell significantly in 2024-25 (FY25) amid a moderation in business growth — particularly in the retail — limited branch expansion, and improved attrition rates.
Data from banks' annual reports shows that HDFC Bank, India's largest private-sector lender, hired 49,713 professionals in FY25, against 89,115 the previous year, and over 85,000 in FY23. Similarly, State Bank of India (SBI), the country's largest lender, hired just 1,770 in FY25, compared with 10,661 in FY24, and 8,595 in FY23. Axis Bank, the third-largest private-sector lender, hired 31,674 in FY25, against 40,724 the previous year. READ MORE
6:54 AM
Stock Market LIVE Updates: Amid persistent uncertainty over an interim trade deal between India and the United States (US), the next round of formal negotiations has been pushed beyond the August 1 deadline. 'The next formal round of talks is now scheduled to take place in the second half of August in New Delhi,' a senior government official told Business Standard, adding that both sides were currently engaged in virtual talks.
A team of officials from Washington DC will visit India for a sixth round of negotiation, around a month after negotiators from both sides wrapped up the fifth round of talks in Washington last week.
The official cited above said there was currently no clarity whether both sides would be able to seal an interim trade deal before August 1 — the date set by US President Donald Trump for double-digit reciprocal tariffs to kick in. READ MORE
6:52 AM
Stock Market LIVE Updates: Asia-Pacific trades higher
Stock Market LIVE Updates: Asia-Pacific trades higher
-- Nikkei up 0.25 per cent
-- ASX 200 rises 0.19 per cent
-- Topix pops 0.18 per cent
6:48 AM
Stock Market LIVE Updates: US markets end mixed; S&P, Nasdaq hit record highs
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India.com
3 hours ago
- India.com
This Company stock gains 5 percent after company shares this update
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Hans India
7 hours ago
- Hans India
GIFT Nifty starts lower by 40 points; key levels to watch in today's session
Declines in private bank and realty GIFT Nifty today pulled GIFT Nifty lower. Analysts expect the market to remain under pressure amid mixed Q1 earnings, continued FII selling and lack of progress on the India-US trade deal ahead of the nearing deadline. Stock market setup 2025 action will likely continue as earnings season gathers pace. Indian stock market update: Today's Forecast for Sensex, Nifty 50 & Bank Nifty Sensex Prediction With the formation of a bearish candlestick on the daily chart and lower high on intraday charts, we could see some more near-term selling. 'Market sentiment will likely remain subdued as long as the Sensex trades below the 81,100 level. If we see some more selling pressure, then there is a possibility of the index retesting the 80,500–80,350 zone. On the other hand, if we see a decisive move above 81,100, then a recovery rally may start, with the Sensex likely to test the 81,400 level. There could be some further room for the Sensex to the 81,700 level,' Shrikant Chouhan, Head of Equity Research at Kotak Securities, told BloombergQuint. Nifty OI Data In the GIFT Nifty pre-market, the 24,800 strike on GIFT Nifty saw the maximum call option interest, which could turn out to be the resistance level. The 24,500 strike on the GIFT Nifty had the most put option interest, which could provide support around that level. So, a firm close above 24,800 would be a pre-requisite to revive the bullish momentum, change the sentiment and move higher, said Hardik Matalia, Derivative Analyst - Research at Choice Equity Broking. Nifty 50 Prediction "The Nifty 50 index lost 0.63% on July 28 for its third straight session of losses." 'The market ended with a weak closing today, giving a red candle with selling on higher levels. It shows that the market is taking some support. If we see a move higher, there could be a strong resistance. Traders can take an opportunity to sell in this situation, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, told BloombergQuint.
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Business Standard
8 hours ago
- Business Standard
Stock Market LIVE: Sensex, Nifty trade flat; IT, defence stocks crack; pharma, realty lead gains
Sensex Today | Stock Market LIVE Updates on Tuesday, July 29, 2025: In the broader markets, the Nifty MidCap index was trading 0.2 per cent up, while the Nifty SmallCap index was down 0.03 per cent 12:01 PM Stock Market LIVE Updates: 12:00 PM market update Stock Market Live Updates: Benchmark indices took a volatile trajectory on Tuesday as uncertainty over the trade deal between the US and India continued to drag investor sentiment. At 12:00 PM, BSE Sensex was trading at 80,823.25 level, down by 67 points or 0.08 per cent. Whereas, Nifty50 was trading at 24,675.65 level, down by 0.02 per cent or 5 points. From the Sensex pack, Bharat Electronics Ltd. (BEL), Axis Bank, Eternal (Zomato), Tata Consultancy Services (TCS) and Titan were among the top losers. On the flip side, Bharti Airtel, L&T, Tata Motors, Reliance and Adani Ports were among the top gainers. 11:48 AM Stock Market LIVE Updates:PNC Infratech shares advance 5% on winning ₹2,956-crore order; Details Stock Market LIVE Updates: PNC Infratech shares gained 5.4 per cent, logging an intra-day high at ₹314.85 per share. At 11:21 AM, PNC Infratech share price was trading 3.02 per cent higher at ₹307.45 per share on BSE. In comparison, the BSE Sensex slipped 0.05 per cent to 80,849.19. The market capitalisation of the company stood at ₹7,887.3 crore. The 52-week high of the company stood at ₹529.8 per share, and the 52-week low was at ₹235.7. The stock gained after the company emerged as an L1 Bidder in a tender floated by South Eastern Coalfields. The project is worth ₹2956.66 crore and has to be executed within five years. READ MORE 11:28 AM Stock Market LIVE Updates: Paradeep, Punjab Chem at 52-week high; what's driving agri stocks today? Stock Market LIVE Updates: Shares of agriculture-related companies like Paradeep Phosphates, Mangalore Chemicals & Fertilizers, Punjab Chemicals & Crop Protection and Southern Petrochemicals Industries Corporation (SPIC) hit their respective 52-week highs, as they rallied up to 17 per cent on the BSE in Tuesday's intra-day trade amid heavy volumes. NACL Industries, Rallis, Gujarat State Fertilizers & Chemicals, Dhanuka Agritech, Sharda Cropchem, Insecticides (India) and Coromandel International were trading higher in the range of 2 per cent to 6 per cent. In comparison, the BSE Sensex was down 0.15 per cent at 80,768 at 10:20 AM. READ MORE 11:05 AM Stock Market LIVE Updates: Benchmarks at 11:00 AM Stock Market LIVE Updates: Benchmark equity indices continued their volatile trajectory as uncertainty over India-US trade deal kept the overall market sentiment jittery. At 11:00 AM, BSE Sensex was trading down by 177 points or 0.22 per cent, quoting 80,713.49. Whereas, Nifty50 was trading at 24,645.35 level, down by 35 points or 0.14 per cent. 10:46 AM Stock Market LIVE Updates:TCS stock hits 33-month low; Jefferies, YES Securities' take on what's next Stock Market LIVE Updates: Shares of Tata Consultancy Services (TCS) slipped 1 per cent to ₹3,058.10 on the BSE during Tuesday's intra-day trade, hitting their lowest level in 33 months. The stock of the information technology (IT) major is trading lower for the fourth straight day, falling 4 per cent after the company said it would lay off about 2 per cent or 12,260 employees of its global workforce. The stock has fallen below its previous low of ₹3,060.25, touched on April 7, 2025 and is trading at its lowest level since October 2022. Thus far in the calendar year 2025 (CY25), the stock has underperformed the market by falling 25 per cent, as compared to a 3 per cent rise in the BSE Sensex. READ MORE 10:36 AM Stock Market LIVE Updates: Benchmarks at 10:30 AM Stock Market LIVE Updates: Equity benchmark indices are trading with extreme volatility on Tuesday. The BSE Sensex is quoting at 80,740, lower by 151 points or 0.19 per cent. It has hit a high of 80,991 and a low of 80,575 so far in trade. Similarly, the Nifty50 index is at 24,640, lower by 41 points or 0.17 per cent. The index has, so far, touched a high of 24,727 and a low of 24,599 on the NSE. In the broader markets, the Nifty MidCap index is trading flat with a negative bias, while the Nifty SmallCap is down by 0.39 per cent. 10:25 AM Stock Market LIVE Updates: L&T wns 'ultra-mega' order for Hydrocarbon offshore business Stock Market LIVE Updates: L&T share price was on investor radar after the company informed the stock exchanges that its Hydrocarbon Offshore business vertical (L&T Energy Hydrocarbon Offshore) has secured an ultra-mega order from a prestigious client in the Middle East. Notably, the value of 'Ultra-mega' orders is more than ₹15,000 crore. 10:04 AM Stock Market LIVE Updates: Torrent Pharma gains over 2% after Q1 results Stock Market LIVE Updates: The pharma major reported a 20 per cent rise in net profit for the quarter ended June 30, 2025, to ₹548 crore from ₹457 crore reported in the corresponding quarter of the previous fiscal year. Consolidated revenue from operations figure stood at ₹3,178 crore, an 11 per cent increase from ₹2,859 crore. Operational earnings before interest, taxes, depreciation and amortisation (Ebitda) for the quarter under review stood at ₹1,032 crore, signalling an increase of 14 per cent year-on-year (Y-o-Y). READ MORE 9:44 AM Stock Market LIVE Updates: IndusInd Bank share price trades higher post Q1 Stock Market LIVE Updates: IndusInd Bank shares were rose nearly 1.7 per cent in the intraday trade today, hitting a high of ₹818.6 per share on the BSE. The rise in IndusInd Bank's stock came after the private lender reported a slight improvement in its quarterly earnings on a sequential basis. The numbers, however, remained weak Y-o-Y. IndusInd Bank Q1 results The private sector lender reported a 72 per cent Y-o-Y fall in net profit to ₹604 crore in the Q1FY26. The bank's net interest income (NII) dropped 14 per cent Y-o-Y to ₹4,640 crore due to a shrinking loan book. On a sequential basis, NII was up 52 per cent. Connect with us on WhatsApp
