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Business Standard
an hour ago
- Business
- Business Standard
Stocks to Watch today, July 31: M&M, Tata Steel, Jio Financial Services
Stocks to Watch Today, Thursday, July 31, 2025: Indian equity markets are expected to start on a lower note on Thursday following US President Donald Trump's unexpected announcement of imposing a 25 per cent tariff on Indian goods, effective August 1. Amidst this, GIFT Nifty futures were trading at 24,650, down by 196 points as of 08:10 AM. Asia-Pacific markets were mixed on Thursday as investors weighed the impact of the US's 15 per cent tariffs on South Korean imports and awaited the Bank of Japan's upcoming policy announcement. Japan's Nikkei 225 rose 0.21 per cent, while South Korea's Kospi edged down 0.14 per cent, and Australia's S&P/ASX 200 declined 0.53 per cent. Overnight in the US, Wall Street's major indices reversed earlier gains after Federal Reserve Chair Jerome Powell announced to keep benchmark interest rates unchanged and signaled a reduced likelihood of a rate cut in September. The broader S&P 500 closed down 0.12 per cent, while the Dow Jones Industrial Average fell 0.40 per cent. Meanwhile, the tech-heavy Nasdaq Composite managed to eke out a gain of 0.15 per cent. Meanwhile, here is the list of stocks to watch during today's trading session: Hyundai Motor India: The automaker reported a decline of 8.1 per cent year-on-year (Y-o-Y) in consolidated profit after tax (PAT) of ₹1,369.23 crore in the first quarter of 2025-26 (Q1FY26) from ₹1,489.65 crore reported in the corresponding quarter of the previous fiscal year (Q1FY25). This decline in profit, the company said, was weighed down by sluggish domestic demand, weak hatchback sales, tense geopolitical situations, and macroeconomic uncertainty. The company's revenue from operations witnessed a drop of 5.56 per cent Y-o-Y to ₹16,179.62 crore in Q1FY26 from ₹17,131.25 crore in Q1FY25. Tata Steel: The company reported a jump of 116.51 per cent Y-o-Y in consolidated net profit (attributable to owners of the company) at ₹2,077.68 crore in Q1FY26 from ₹959.61 crore reported in Q1FY25. The growth in profit was led by an increase in net steel realizations and planned cost reductions. The steel major's total consolidated revenue stood at ₹53,178.12 crore, down 2.91 per cent Y-o-Y. Mahindra & Mahindra: The company reported a jump of 24 per cent Y-o-Y in its consolidated net profit to ₹4,083 crore for Q1FY26 from ₹3,283 crore reported in Q1FY25. The profit was driven by broad-based growth across business verticals. The company's total income from operations rose to ₹45,529 crore in Q1FY26 against ₹37,218 crore in Q1FY25. PowerGrid Corporation: The company posted a net profit of ₹3,630.58 crore in Q1FY26, marking a 2.5 per cent drop from ₹3,723.92 crore reported in Q1FY25. The company's board has also approved raising its borrowing limit for FY26 from ₹16,000 crore to ₹25,000 crore. Aurobindo Pharma: Aurobindo Pharma USA Inc., a wholly owned subsidiary of the company, entered into a definitive agreement with Lannett Seller Holdco, Inc., under which Aurobindo Pharma USA Inc. will acquire 100 per cent membership interest in Lannett Company LLC from Lannett Seller Holdco, Inc. Tata Motors: TML CV Holding Pte. Ltd., a wholly owned subsidiary of Tata Motors, will launch an all-cash tender offer for Iveco Group N.V. The offer, made via a Dutch-incorporated vehicle, targets all 271.2 crore common shares listed on Euronext Milan. Each share will be acquired at €14.1 in cash following Iveco's sale of its defence business. The goal is full ownership and subsequent delisting of Iveco from Euronext Milan. Jio Financial Services: The company's board has approved raising funds through the issuance of up to 50 crore warrants for cash at a price of ₹316.50 per warrant. Each warrant is convertible into 1 fully paid-up equity share of the company of face value ₹10 each at a premium of ₹306.50, aggregating up to ₹15,825 crore by way of preferential issue on a private placement basis. LTIMindtree: T he company has launched BlueVerse CraftStudio, a next-generation agency that harnesses Adobe's latest AI-powered innovations to help organizations streamline their marketing operations and unlock significant business benefits. Q1 results today Among the companies scheduled to release their Q1FY26 results today include Adani Enterprises, Hindustan Unilever, Sun Pharmaceutical Industries, Maruti Suzuki India, Coal India, Vedanta, Eicher Motors, TVS Motor Company, Swiggy, Mankind Pharma, and Cholamandalam Investment and Finance Company.
India Today
2 hours ago
- Business
- India Today
US imposes 25% tariff on India. Will Sensex, Nifty crash today?
Stock markets are likely to open lower on Thursday after US President Donald Trump announced a 25% tariff on Indian goods, effective from August 1. The move comes as trade talks between the two countries remain unresolved. Investors are now watching closely to see how this development affects market sentiment in the days GIFT Nifty futures, which reflect early cues for the market, were trading 179 points lower at 24,675, down 0.73%, signalling a weak start for Dalal TARIFF DECISION CREATES UNCERTAINTYThe sharp reaction in markets is linked to the US decision to impose fresh tariffs on India. President Trump, while speaking to reporters, said that talks were still ongoing but warned that the 25% duty on Indian imports would begin on Friday.'They have one of the highest tariffs in the world now, they're willing to cut it very substantially,' Trump said, adding, 'We're talking to India now - we'll see what happens. You'll know by the end of this week.'In addition to the tariff, Trump also announced a penalty for countries that continue to buy oil from Russia, which may affect India and other major oil IMPACT: GEMS, AQUA EXPORTS, AUTOReacting to the development, the Director of Equity Strategy at WealthMills Securities Pvt Ltd said, 'Trade tariffs have been taking twists and turns, and President Trump's latest statement is likely to create a knee-jerk reaction in the market.'However, he added that the uncertainty was not just limited to India. 'Every country is currently facing trade tension with the US. These announcements create confusion and make it hard to measure the actual impact.'He noted that some sectors may feel the pressure more than others. 'Exports in gems and jewellery, seafood (aqua), and auto equipment are likely to be affected. But we'll have to wait for the final list of affected goods before reaching any conclusion.'GLOBAL CUES ADD TO THE PRESSUREAdding to the worry, US stock markets had a choppy session on Wednesday after comments from US Federal Reserve Chair Jerome Powell dampened hopes of a rate cut at the central bank's next Fed kept interest rates unchanged, which was widely expected. In its policy statement, the central bank said that the job market remained strong and that inflation was still somewhat high. However, two members of the committee disagreed with the US markets were slightly higher before the Fed announcement, thanks to better-than-expected second-quarter GDP numbers, they gave up gains after Powell's press conference. He said it was 'too soon' to say if the Fed would cut rates in September, even though current policy is 'modestly restrictive'.The next few sessions on Dalal Street may remain volatile, especially as investors factor in global developments and ongoing foreign fund flows.- EndsMust Watch advertisement
News18
2 hours ago
- Business
- News18
Stock Market LIVE Updates: GIFT Nifty Signals Negative Start For Sensex, Nifty; IT, Pharma In Focus
Stock Market Live Today: The market may see a gap-down opening on Thursday following the sweeping tariff announcement of US President Donald Trump on India with an unspecified penalty. Trump, in his social media platform Truth Social, wrote that India's high tariffs and business with Russia are 'strenuous and obnoxious'. Trump on Wednesday evening announced a 25 per cent tariff on Indian goods imports from August 01, plus an additional penalty for buying items from Russia. The export-oriented sectors, including Textiles, Pharma, Auto Components, and Seafoods, will remain in focus in today's session. Moreover, the Fed in its latest meeting decided to hold the rates steady for the fifth time. GIFT Nifty is signalling a gap-down start (-175 pts at 24,679), as sentiment sours on the back of Trump's 25% tariff imposition on Indian goods, the Fed's decision to hold rates steady despite pressure, and relentless FII selling, argues Prashanth Tapse, Senior VP (Research), Mehta Equities. He added Nifty remains under bear grip below the 25,100 mark, with key support at 24,473 and strength only above 25,421; Bank Nifty's make-or-break support lies at 55,200.
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Business Standard
3 hours ago
- Automotive
- Business Standard
Stocks to Watch today, July 31: M&M, L&T, Tata Steel, Jio Financial
Stocks to Watch Today, Thursday, July 31, 2025: Indian equity markets are expected to start on a lower note on Thursday following US President Donald Trump's unexpected announcement of a 25 per cent tariff on Indian goods, effective August 1. Amidst this, GIFT Nifty futures were trading at 24,650, down by 196 points as of 08:04 AM. Asia-Pacific markets were mixed on Thursday as investors weighed the impact of the US's 15 per cent tariffs on South Korean imports and awaited the Bank of Japan's upcoming policy announcement. Japan's Nikkei 225 rose 0.21 per cent, while South Korea's Kospi edged down 0.14 per cent, and Australia's S&P/ASX 200 declined 0.53 per cent. Overnight in the US, Wall Street's major indices gave up earlier gains and settled lower after Federal Reserve Chair Jerome Powell tempered expectations that the central bank might cut rates at its September meeting. The broader S&P 500 closed down 0.12 per cent, while the Dow Jones Industrial Average fell 0.40 per cent. Meanwhile, the tech-heavy Nasdaq Composite managed to eke out a gain of 0.15 per cent. Hyundai Motor India: The automaker reported a decline of 8.1 per cent year-on-year (Y-o-Y) in consolidated profit after tax (PAT) of ₹1,369.23 crore in the first quarter of 2025-26 (Q1FY26) from ₹1,489.65 crore reported in the corresponding quarter of the previous fiscal year (Q1FY25). This decline in profit, the company said, was weighed down by sluggish domestic demand, weak hatchback sales, tense geopolitical situations, and macroeconomic uncertainty. The company's revenue from operations witnessed a drop of 5.56 per cent Y-o-Y to ₹16,179.62 crore in Q1FY26 from ₹17,131.25 crore in Q1FY25. Tata Steel: The company reported a jump of 116.51 per cent Y-o-Y in consolidated net profit (attributable to owners of the company) at ₹2,077.68 crore in Q1FY26 from ₹959.61 crore reported in Q1FY25. The growth in profit was led by an increase in net steel realizations and planned cost reductions. The steel major's total consolidated revenue stood at ₹53,178.12 crore, down 2.91 per cent Y-o-Y. Mahindra & Mahindra: The company reported a jump of 24 per cent Y-o-Y in its consolidated net profit to ₹4,083 crore for Q1FY26 from ₹3,283 crore reported in Q1FY25. The profit was driven by broad-based growth across business verticals. The company's total income from operations rose to ₹45,529 crore in Q1FY26 against ₹37,218 crore in Q1FY25. PowerGrid Corporation: The company posted a net profit of ₹3,630.58 crore in Q1FY26, marking a 2.5 per cent drop from ₹3,723.92 crore reported in Q1FY25. The company's board has also approved raising its borrowing limit for FY26 from ₹16,000 crore to ₹25,000 crore. Aurobindo Pharma: Aurobindo Pharma USA Inc., a wholly owned subsidiary of the company, entered into a definitive agreement with Lannett Seller Holdco, Inc., under which Aurobindo Pharma USA Inc. will acquire 100 per cent membership interest in Lannett Company LLC from Lannett Seller Holdco, Inc. Tata Motors: TML CV Holding Pte. Ltd., a wholly owned subsidiary of Tata Motors, will launch an all-cash tender offer for Iveco Group N.V. The offer, made via a Dutch-incorporated vehicle, targets all 271.2 crore common shares listed on Euronext Milan. Each share will be acquired at €14.1 in cash following Iveco's sale of its defence business. The goal is full ownership and subsequent delisting of Iveco from Euronext Milan. Jio Financial Services: The company's board has approved raising funds through the issuance of up to 50 crore warrants for cash at a price of ₹316.50 per warrant. Each warrant is convertible into 1 fully paid-up equity share of the company of face value ₹10 each at a premium of ₹306.50, aggregating up to ₹15,825 crore by way of preferential issue on a private placement basis. LTIMindtree: The company has launched BlueVerse CraftStudio, a next-generation agency that harnesses Adobe's latest AI-powered innovations to help organizations streamline their marketing operations and unlock significant business benefits. Q1 results today: Adani Enterprises, Coal India, Eicher Motors, Hindustan Unilever, Mahindra & Mahindra, Maruti Suzuki, Sun Pharma, Ambuja Cements, Chambal Fertilisers, Chola Investment, Dabur India, TVS Motor, and PB Fintech are the key names scheduled to announce their Q1FY26 results today.
News18
3 hours ago
- Business
- News18
Trump's 25% Tariff Shock: What It Means For Indian Stock Markets
Last Updated: The stock markets are set to weaken on Thursday in reaction to Trump's tariff announcement; Know what experts say Stock Market Today: The stock markets are set to weaken on Thursday in reaction to Trump's tariff announcement. The GIFT Nifty futures were down 129 points, or 0.52%, at 24,725 at the time of going to print. 'Markets will react negatively," said Nilesh Shah, MD, Kotak Mahindra AMC. 'Despite the unpredictable policy making of the US, the market was expecting a tariff deal to work out as long-term US-India strategic interests are aligned. Markets will hope for a 'TACO" trade if better senses prevail." TACO stands for Trump Always Chickens Out. Shares of companies in export-oriented sectors could be impacted the most on Thursday, Shah added. In the wake of President Trump's announcement of a 25% tariff on Indian exports, investor sentiment is expected to shift toward a more cautious yet measured stance. According to Utsav Verma, Head of Research – Institutional Equities at Choice Broking, sectors such as textiles, pharmaceuticals, and automotive components—key contributors to India's export basket—are likely to bear the brunt in the short term. 'These sectors may see reduced investor interest initially," he said. Market veteran Shankar Sharma emphasized that the broader weakness in Indian equities predates the U.S. tariff move. 'The Indian market isn't in a great position, and that has little to do with Trump's tariffs. It's more a function of domestic corporate earnings and structural issues. India has been one of the weakest performers globally in recent months," he observed. Sharma added that while the rupee might come under some pressure, the impact of the tariff news on market sentiment would be limited. 'It's significant, but not earth-shattering," he said. Meanwhile, Nirav Karkera, Head of Research at Fisdom, pointed to the IT sector as being particularly vulnerable. 'Among export-oriented sectors, IT is likely to feel the heat first, followed by steel, aluminium, and auto component companies. Pharmaceuticals and textiles—both heavily reliant on U.S. consumption—could also react sharply," Karkera said. However, Feroze Azeez, Joint CEO, Anand Rathi Wealth Limited, stated that 'the announcement of a 25% tariff on Indian goods, while higher than anticipated, broadly falls within the 15–20% range that markets had been bracing for. In that sense, it is not entirely unexpected. What requires close monitoring is the structure of the additional penalty linked to arms and energy imports from Russia, which remains undefined at this stage. From a technical standpoint, this move could weigh on near-term export competitiveness and trigger currency volatility if sentiment deteriorates. That said, the overall trade and investment relationship between India and the US still has room for improvement and is not yet in a worrisome zone. The Indian market is currently being driven largely by domestic investors, and FIIs are almost 85% short. Therefore, a major sell-off is not expected. Some volatility is likely, any dips will be buying opportunities for investors with even 2-3 year time frames as we have already had a 10-month time correction." The markets are likely to shrug off the US Federal Reserve's decision to keep the benchmark lending rate unchanged at the 4.25-4.5 percent mark for the fifth consecutive session in the July meeting. This move was largely priced in, with the CME Group's FedWatch tool indicating that 98 percent of market participants were expecting the Fed to stand pat. Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. tags : Nifty sensex view comments Location : New Delhi, India, India First Published: July 31, 2025, 07:49 IST News business » markets Trump's 25% Tariff Shock: What It Means For Indian Stock Markets Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
