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Stock Market LIVE: Sensex rises 300 pts, Nifty near 25,550; auto, defence, pharma stocks rally
10:35 AM
Stock Market LIVE Updates: Motilal Oswal Financial Services gains 6%
Stock Market LIVE Updates: Motilal Oswal Financial Services share price jumped 6.1 per cent in trade on Thursday, logging an intraday high at ₹907.85 per share on BSE. The buying interest came after the company arm Motilal Oswal Asset Management Company's Assets Under Management (AUM) crossed ₹1.5 trillion across Mutual Funds (Active & Passive), Portfolio Management Services (PMS) and Category-III Alternative Investment Funds (AIFs).
At 10:33 AM, Motilal Oswal Financial Services share price was trading 5.5 per cent higher at ₹902.45 per share on the BSE. In comparison, the BSE Sensex was up 0.43 per cent at 83,770.77. The company's market capitalisation stood at ₹54,102.84 crore. Its 52-week high was at ₹1,063.4 per share and 52-week low was at ₹487.85 per share. READ MORE
9:58 AM
Stock Market LIVE Updates: Defence stocks in focus
Stock Market LIVE Updates: Defence shares, such as Hindustan Aeronautics, Bharat Electronics, Bharat Dynamics, were rising in trade on Thursday amid reports that India and the US have agreed on defence framework. The 10-year framework will see a strategic partnership between the two countries for sharing defence know-how and increased supply of defence equipments.
9:20 AM
Stock Market LIVE Updates: A glance at broader market
Stock Market LIVE Updates: In the broader markets, the NSE Midcap 100 and NSE Smallcap 100 rose 0.17 per cent each.
9:20 AM
Stock Market LIVE Updates: Here's a look at Sensex gainers and losers
Stock Market LIVE Updates: Asian Paints, Eternal, PowerGrid, Tata Steel and Infosys were among the top gainers on Sensex. Kotak Mahindra Bank, Bajaj Finance, Bajaj Finserv, Titan and Reliance were the laggards.
9:18 AM
Stock Market LIVE: Sensex up over 200 pts, above 83,600
Stock Market LIVE: After the market opened, Sensex was trading above 83,600-mark, gaining 203 points.
9:17 AM
Stock Market LIVE: Nifty opens above 25,500
Stock Market LIVE: Post-opening, NSE Nifty50 was trading at 25,500 levels, up 48.3 points or 0.2 per cent.
9:09 AM
Stock Market LIVE Updates: Pre-open session shows higher open for Sensex, Nifty
Stock Market LIVE Updates: Pre-open ticks suggest a positive open for domestic benchmark indices. The BSE Sensex index settled at 83,559, up 149 points or 0.18% in pre-open. The Nifty50, on the other hand, ended at 25,505, up 52 points or 0.2% in the pre-open session.
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Mint
an hour ago
- Mint
Delhivery bets on rapid commerce for growth, logs ₹91 crore net profit in Q1
Logistics major Delhivery is accelerating its push into new-age delivery models, capitalizing on the rise of quick commerce and expanding its partial truckload (PTL) capabilities. In the first quarter (April-June) of FY26, the company made strategic investments of ₹ 14 crore into two emerging services: Rapid Commerce, a 2-hour delivery service, and Delhivery Direct, which is an on-demand intracity shipment service. 'The real opportunity lies in servicing large brands working with quick commerce platforms—whether FMCG, grocery, or packaged food by offering high-precision, appointment-based deliveries to—and returns from—dark stores and mother warehouses. Quick commerce has created a new channel and incremental demand. Though our entry is just 100 days old, it's already become an exciting growth driver within our PTL business,' said Sahil Barua, chief executive of Delhivery, in an April-June earnings call on Friday. Delhivery reported a 68.5% surge in net profit in April-June to ₹ 91 crore. The company's operating revenue increased by 6% year-on-year to ₹ 2,294 crore. Shares of Delhivery settled 1% lower at ₹ 429.85 apiece on the BSE on Friday. A partial truckload business is a logistics service model that sits between LTL (less-than-truckload) and FTL (full truckload). It caters to medium-sized shipments that don't require an entire truck but are too large or bulky for standard parcel delivery. He added that quick commerce, however, remains largely concentrated in grocery, packaged foods, and BPC (beauty and personal care) segments, and is primarily active in major urban centres. While it has likely had a notable effect on grocery GMV (gross merchandise value) and order volumes for large marketplaces, its influence on broader e-commerce is expected to be limited. This is due to the inherent challenge of balancing wide product assortments with rapid delivery timelines, especially across increasingly dispersed urban geographies. More significantly, the bulk of e-commerce volumes comes from small cities (tier 2–4) and is fuelled by low-velocity, long-tail categories like apparel, accessories, and home and lifestyle products. These categories have unpredictable demand patterns and are not easily or economically suited to stocking in small quantities across dark stores. As a result, the company expects minimal impact from quick commerce on their overall volume trajectory moving forward. Low-velocity, long-tail refers to slower-selling, niche products like apparel that have unpredictable demand but collectively drive a large share of e-commerce volumes, especially in small cities. Delhivery's Rapid network currently operates 20 dark stores across three cities, offering shared inventory infrastructure and 1–3 hour fulfillment for direct-to-consumer brands. Plans are in place to scale this to 35–40 dark stores across six cities by Q4 FY26. While expected to remain a niche offering within Delhivery's broader Express portfolio, Rapid could generate ₹ 80–100 crore in revenue over time, the company said in a shareholder's letter. 'The network will serve as a foundation for Rapid B2B fulfillment, targeting time-critical segments such as auto parts, electronics spares, tyres, specialty chemicals, lubricants, and select FMCG products,' Barua said during the earnings call. Delhivery Direct, the company's consumer-facing app for on-demand inter-city shipping, has now expanded to include intra-city delivery as well. As these offerings are still in early stages, further investment—particularly in fleet capacity and demand generation for Delhivery Direct—is expected through FY26, said Barua. In January-March of FY25, Delhivery turned profitable for the first time, posting a net profit of ₹ 72.6 crore as revenue rose 6% year-on-year. Delhivery acquired rival logistics firm Ecom Express in an all-cash deal worth ₹ 1,407 crore in April. 'Obvious immediate impact of the Ecom acquisition will be clear in the Q2 numbers', said Barua.
The Print
2 hours ago
- The Print
Markets extend losses on global sell-off amid US tariff concerns; Sensex tanks 586 points
As many as 2,712 stocks declined while 1,306 advanced and 151 remained unchanged on the BSE. Besides, persistent selling by foreign investors added to the gloom, according to experts. In a volatile trade, the 30-share BSE Sensex tumbled 585.67 points or 0.72 per cent to settle at 80,599.91. During the day, it dropped 690.01 points or 0.84 per cent to 80,495.57. Mumbai, Aug 1 (PTI) Equity benchmark indices Sensex and Nifty declined sharply for the second straight session on Friday, tracking deep losses in pharma, metal, and IT stocks amid trade-related concerns and widespread selling pressure in global markets. The 50-share NSE Nifty declined 203 points or 0.82 per cent to 24,565.35. 'The benchmark index Nifty wrapped up its fifth consecutive week in the red — its longest losing streak since August 2023, raising eyebrows across the street…Despite making multiple attempts to scale up, the index has struggled to hold ground, only to be met with selling pressure each time. The long upper wicks are a telling story — bulls tried, but bears had the final say,' Sudeep Shah, Head – Technical Research and Derivatives at SBI Securities, said. On the weekly front, the BSE benchmark tanked 863.18 points or 1.05 per cent, and the Nifty dropped 271.65 points or 1.09 per cent. 'The Indian equity market extended its decline for a second day, pressured by renewed tariff threats and punitive duties that could undermine India's global trade competitiveness. Investor sentiment weakened further as FIIs now hold the second-highest net short position in derivatives, reflecting elevated caution. 'Globally, markets turned negative amid rising US inflation and trade tensions. While the sell-off was broad-based, FMCG stocks emerged as a defensive play, supported by attractive valuations, resilient demand, and relative immunity to external trade disruptions,' Vinod Nair, Head of Research, Geojit Investments Limited, said. US President Donald Trump unveiled sweeping new tariffs on dozens of countries, including 25 per cent duties for goods from India, marking a new era of American protectionism that triggered fresh tensions and concerns over a much wider disruption in the global trade landscape. From the Sensex firms, Sun Pharma tumbled 4.43 per cent after the company reported a 20 per cent year-on-year decline in consolidated net profit to Rs 2,279 crore for the first quarter ended June 30, 2025. Tata Steel, Maruti, Tata Motors, Infosys, Bharti Airtel and Tech Mahindra were also among the laggards. However, Trent, Asian Paints, Hindustan Unilever, ITC, Kotak Mahindra Bank, and Reliance Industries were the gainers. The BSE smallcap gauge dropped 1.59 per cent, and the midcap index declined by 1.37 per cent. Healthcare tanked 2.44 per cent, telecommunication (2.41 per cent), metal (1.94 per cent), oil & gas (1.91 per cent), teck (1.83 per cent), IT (1.81 per cent), and realty (1.78 per cent). BSE FMCG index emerged as the only gainer. 'Markets began the August series on a negative note, extending the prevailing corrective trend, and ended lower by over half a per cent. Markets continue to grapple with a mixed earnings season, while the recent tariff announcement and persistent foreign fund outflows are further weighing on sentiment,' Ajit Mishra – SVP, Research, Religare Broking Ltd, said. The US president signed an executive order on Thursday that raised tariffs for over five dozen countries, with Washington's negotiations for trade deals going down to the wire ahead of the August 1 deadline. In the Executive Order titled 'Further Modifying The Reciprocal Tariff Rates', Trump announced tariff rates for nearly 70 nations. A 25 per cent 'Reciprocal Tariff, Adjusted' has been imposed on India, according to the list released. The order, however, does not mention the 'penalty' that Trump had said India would have to pay because it purchases Russian military equipment and energy. While August 1 was the tariff deadline, the new levies will come into effect from August 7. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 5,588.91 crore on Thursday, according to exchange data. 'Global equity markets were mostly weak over the past week, as the US tariff saga continued. The Indian equity market continued to underperform global equity markets in the past week and was down 0.8 per cent over this period,' Shrikant Chouhan, Head – Equity Research, said. In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng settled lower. Equity markets in Europe were trading in the red. The US markets ended in negative territory on Thursday. Global oil benchmark Brent crude declined 0.39 per cent to USD 71.42 a barrel. On Thursday, the Sensex declined 296.28 points or 0.36 per cent to settle at 81,185.58. The Nifty dropped 86.70 points or 0.35 per cent to 24,768.35. PTI SUM SUM BAL BAL This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Economic Times
2 hours ago
- Economic Times
Sebi proposes tighter norms for green bond third-party reviewers
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
