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Today’s share market’s key developments include: RVNL wins Rs.143 crore rail order; Hazoor bags Rs.913 crore solar deal; Bosch eyes merger; Jyoti CNC expands in Karnataka; BEML gets $6.23 million export orders; FIIs and DIIs sell Rs.760 crore and Rs.1,028 crore respectively.
2:30 PM IST
Closing Bell | Sensex closed flat after a volatile session | Nifty managed to stay above 25,450
The Sensex ended flat on Friday following a choppy trading session, with the Nifty maintaining its position above the 25,450 mark. Top gainers included Relaxo Footwears (up 8.96%), Godrej Consumer Products (up 6.33%), and Bajaj Consumer Care (up 5.56%). On the downside, Endurance Technologies dropped 4.81%, followed by Indus Towers and Asahi India Glass. Gala Precision shares rose slightly after its revised annual report, while Castrol India gained 0.86% after appointing Mrinalini Srinivasan as CFO.
2:30 PM IST
Stock Market LIVE Update | Sensex dipped slightly | Nifty fell below 25,450
Sensex declined slightly, while Nifty slipped below 25,450 amid mixed market cues. Foreign portfolio investors offloaded Rs.16,483 crore in IT stocks during Q1FY26, despite a 5.5% gain in the BSE IT index led by midcaps. Domestic institutional investors infused Rs.1.41 lakh crore. Expleo and Intellect soared over 50%. Globally, the dollar hovered near multi-year lows ahead of Trump’s August 1 tariff rollout. Nifty FMCG stocks traded in the green, with Godrej Consumer, Bajaj Consumer, and Dabur posting notable gains.
1:30 PM IST
Stock Market LIVE Update | Sensex dips slightly | Nifty falls below 25,450
The Sensex slipped slightly, while the Nifty fell below the 25,450 mark. Endurance Technologies, Info Edge, and Jubilant Foodworks were among the top losers, declining over 3 percent. In contrast, Senco Gold surged 5 percent after strong Q1 FY26 results. The Nifty FMCG index bucked the broader trend, with Godrej Consumer, Dabur, and HUL leading gains. Market sentiment remained mixed as FMCG stocks advanced, supported by demand optimism and Q1 performance, despite weakness in other sectors.
12:30 PM IST
Stock Market LIVE Update | Sensex falls over 100 points | Nifty slips below 25,450
Sensex declined over 100 points, with Nifty slipping below 25,450. Keystone Realtors rose nearly 2% after sharing Q1 FY26 updates, adding three projects with 3.2 million sq ft saleable area. Gold prices dropped Rs.4,558 from their June peak. Travel Food Services IPO saw 5% overall subscription. Power & Instrumentation hit a 5% upper circuit on its latest Udaipur airport contract. Fortis Health and L&T Finance touched 52-week highs, while CSB Bank and Muthoot Finance saw minor declines.
11:30 AM IST
Stock Market LIVE Update | Sensex drops over 100 points | Nifty falls below the 25,450 mark
The Sensex slipped over 100 points and the Nifty dipped below 25,450 in Monday's session. Oriental Trimex surged 5% to Rs.14.75 after its Q1FY26 update revealed plans for tech upgrades, asset monetisation, and product diversification. DCX Systems gained nearly 3% after receiving an industrial licence. Other active stocks included Vodafone Idea, YES Bank, Indian Oil, Tata Steel, and BEL, with mixed movements seen across sectors during mid-day trade.
10:20 AM IST
Stock Market LIVE Update | Sensex dips over 100 points | Nifty trades below 25,450
The Sensex declined by over 100 points while the Nifty slipped below 25,450 in early trade. Despite the broader market weakness, stocks like Relaxo Footwears (up 8.02%), Bajaj Consumer Care (up 6.27%), and Godrej Consumer Products (up 5%) showed strong gains. Other notable performers included FDC Ltd. and Future Lifestyle Fashions. Meanwhile, Sharda Motor Industries approved the allotment of 2.87 crore fully paid-up bonus equity shares in a 1:1 ratio, adding to corporate actions in focus.
9:20 AM IST
Stock Market LIVE Update | Sensex slips 150 pts | Nifty ends below 25,450
Sensex fell over 150 points, with Nifty slipping below 25,450. Suzlon Energy shares may gain attention after NSE and BSE cleared its merger with subsidiary Suzlon Global Services. BEML shares remain active after bagging export orders worth $6.23 million from the CIS region and Uzbekistan. Meanwhile, Permira, CVC Capital, and EQT are in advanced talks to acquire Nuvama Wealth from PAG for around $1.6 billion. Cedaar Textile's IPO lists today with a grey market premium indicating modest gains.
GIFT NIFTY: Gift Nifty suggests a flat opening for the Indian market. Nifty spot in today’s session is likely to consolidate in the range of 25,250-25,600.
INDIA VIX: 12.32 | -0.070 (0.57%) ↓ today
1. Rail Vikas Nigam Ltd (RVNL) | The company has secured a ₹143 crore order from South Central Railway.
2. Hazoor Multi Projects Limited | The company announced on July 4 that it has received a letter of award (LoA) from Apollo Green Energy Limited for a ₹913 crore contract, surpassing its current market capitalisation of ₹866 crore. The order involves executing a 200 MW grid-connected solar photovoltaic (PV) project in Gujarat.
3. Bosch Limited | The company is exploring the merger of its unlisted entities—Bosch Chassis Systems and Bosch Automotive Electronics India—into its listed Indian arm, according to sources. While the company acknowledged evaluating strategic opportunities, it clarified that no material information currently warrants disclosure under SEBI regulations.
4. Jyoti CNC Automation Ltd | The company has acquired 20 acres of land at Tumakuru Machine Tools Park (TMTP) in Karnataka’s Tumakuru district, marking a strategic move for future expansion. The acquisition will be funded through internal accruals or debt, the company said.
5. Shilpa Medicare Ltd | The pharma company's wholly-owned subsidiary, Shilpa Pharma Lifesciences Ltd (Unit-1), has successfully cleared a Good Manufacturing Practice (GMP) inspection conducted by Brazil’s regulatory authority, ANVISA.
6. Mahindra Lifespace Developers Ltd | The company announced the launch of a new tower at its Mahindra Citadel residential project in Pimpri-Chinchwad, Pune. The tower offers premium 1BHK homes, aimed at young professionals, nuclear families, and first-time homebuyers.
7. BEML Ltd | The state-owned engineering firm announced that it has secured two separate export orders with a total value of around $6.23 million.
8. FIIs net sell ₹760.11 crore & DIIs net sell ₹1,028.84 crore in equities on Friday (provisional).
Commodities:
Gold edged up on Friday, poised for a weekly gain as U.S. President Donald Trump’s tax-cut and spending bill passed in Congress, raising fiscal concerns. Spot gold rose 0.1% to $3,329.67 per ounce.
Eight oil-producing nations of the OPEC+ alliance agreed on Saturday to increase their collective crude production by 548,000 barrels per day, as they continue to unwind a set of voluntary supply cuts.
At the end of the Friday session, oil futures settled at $68.30 per barrel for the September-expiration ICE Brent contract.
General Trends:
Asia-Pacific markets traded mostly lower on Monday after U.S. President Donald Trump confirmed that tariffs, first announced in April, will take effect on August 1 for countries that haven’t struck a deal.
Sector Specific Indicators:
Japan’s benchmark Nikkei 225 slipped 0.26% while the Topix declined 0.18%.
South Korea’s Kospi fell 0.48% and the small-cap Kosdaq slipped 0.5% in today’s morning trade, last checked at.
Market in Previous Session:
Benchmark equity indices witnessed lackluster yet positive session on July 4th , benchmark indices ended with modest gains amid rangebound trade. Nifty settled near the 25,450 mark, supported by broad-based buying interest across sectors. The market started on a weak note, but a strong rebound in heavyweight counters helped erase early losses, propelling the index to close near the day’s high at the 25,461 mark.
With the tariff deadline nearing, all eyes are on the anticipated US-India trade deal. Market participants remain optimistic about a favorable resolution, which could serve as a key catalyst for the next leg of the market’s upward trajectory.
The Sensex on Friday advanced 193 points or 0.23% to finish at 83,432.89, while the Nifty climbed 55.7 points or 0.22% to close at 25,461. On a weekly basis, both the BSE Sensex and Nifty registered a decline of 0.7 percent each.
Barring auto, telecom, and metal, all other sectoral indices closed in the green, with notable gains of 0.4–1 percent seen in banking, pharma, oil & gas, IT, realty, and media stocks. The broader markets lagged behind the frontline indices, ending the session on a muted and flat note.
TRADE SETUP FOR JUL 07
Nifty Short-Term Outlook:
The index formed a bullish hammer like candle signaling buying demand at lower levels around 25,400-25,350 after last four sessions of corrective decline.
Going ahead, a follow-through strength above Friday’s high (25470) will open up upside towards the 25,600 levels being the high of the preceding three sessions. While a weakness below 25,350 will open downside towards 25,200 levels.
Overall, we expect index to extend consolidation with positive bias in the range of 25,200-25,800.
Key positional support lies at 25,200–25,000 levels being the confluence of the 20 days EMA and the upper boundary of the recent consolidation area (25,200-24,500). We expect the index to hold above the support area. Hence, dips should be used as a buying opportunity.
Intraday Levels:
Nifty: Intraday resistance is at 25,530, followed by 25,610 levels. Conversely, downside support is located at 25,330, followed by 25,250.
Bank Nifty: Intraday resistance is positioned at 57,290, followed by 57,550, while downside support is found at 56,730, followed by 56,450.
Nifty:
Call writers are actively positioned from the 25,500 to 26,000 strike levels, indicating a limited upside, with the highest Call OI at 26,500, which may act as a strong resistance.
On the other hand, Put writing is visible from 25,200 to 25,500, suggesting the presence of multiple support levels within this zone.
The option chain data indicates active participation from both Call and Put writers across key strikes, pointing to a possible consolidation phase in the coming week.
The expected trading range for Nifty is between 25,200 and 25,700. A breakout on either side of this range could lead to a directional move.
The Put-Call Ratio (PCR) for Nifty has declined by 0.06 and currently stands at 0.93.
Bank Nifty:
Open interest accumulation is evident at the 56,000 and 57,000 strike levels on both Call and Put sides, indicating a straddle formation and suggesting indecision among participants.
Significant Put writing between 56,500 and 57,000 strikes highlights a strong support zone in this range. On the higher side, Call writers have unwound positions, signaling that sustaining above the 57,000 level could lead to an up move toward 57,500, followed by 58,000.
As per the current option chain setup, Bank Nifty's deciding range lies between 56,500 and 57,500. A breakout beyond this band is likely to trigger a directional move.
The Put-Call Ratio (PCR) for Bank Nifty has increased by 0.03, now standing at 1.01.
Performance Overview:
The US market were closed on Friday. However, U.S. equity markets ended the holiday-shortened week on a strong note, with major indexes posting broad-based gains. Small- and mid-cap stocks led, with the Russell 2000 and S&P Mid Cap 400 advancing 3.52% and 2.85%, respectively. The Dow Jones gained 2.30%, while the S&P 500 and Nasdaq closed at all-time highs for the second straight week.
Sector-Specific Index:
Focus was now squarely on Trump’s setting of tariff rates against major U.S. trading partners, which the president said he will do in the coming weeks. Still, Trump appeared to have extended the tariff deadline to August 1 from July 9. The U.S. has finalized only three agreements—with the UK, China, and Vietnam.
Economic Indicators:
Hotter-than-expected nonfarm payrolls data for June, released on Thursday, also weighed. Traders were seen sharply paring bets on interest rate cuts in July and September after the reading.
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