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Stock Market Live Updates | Gift Nifty Hints At Flat To Weak Market Open

Synopsis:


Today’s share market’s key developments include: Waaree expands solar ops, Gujarat Gas boosts EV push, Cyient-Zinier team up, PNB Housing CEO resigns, Maruti reshapes strategy for EV and leasing, as FIIs sell Rs. 5,588.91 Cr and DIIs buy Rs. 6,372.71 Cr in equities. | Source: Bajaj Broking Research Desk


 3:30 PM IST

Closing Bell | Sensex dropped 586 points | Nifty slipped below the 24,600 mark

The Sensex ended 586 points lower, with Nifty closing below 24,600 on Thursday. Major gainers included Shanti Gold, KIOCL, and Sellowrap Industries, each rising over 13%. On the downside, PNB Housing plunged 18%, followed by IIFL Finance and Pranik Logistics. Nuvama shares fell 6.5% in two days amid tax probe concerns. Despite broader losses, Nifty FMCG outperformed with stocks like Radico Khaitan, Emami, and HUL posting gains, offering some stability amid the market's overall decline.


 2:30 PM IST

Stock Market LIVE Update | Sensex drops over 400 points | Nifty slips below the 24,700

Sensex fell over 400 points and Nifty ended below 24,700, tracking losses in Asian markets as China and Hong Kong stocks posted their worst weekly declines since April. Concerns over Trump-era tariffs and weak factory data hurt sentiment. Indian pharma remains structurally stable, with FMCG firms targeting margins. Gold prices varied across cities. IDFC First Bank allotted Rs 4,876 crore in preference shares to a Warburg Pincus affiliate, even as Q1 FY26 PAT dropped 32% YoY to Rs 463 crore.


 1:00 PM IST

Stock Market LIVE Update | Sensex slips over 300 points | Nifty ends below 24,700

Markets closed lower on Friday with the Sensex falling over 300 points and Nifty slipping below 24,700. Adani Power approved a 1:5 stock split and reported a 15.5% YoY drop in Q1 net profit to Rs.3,305 crore. Revenue declined 5.9% to Rs.14,167 crore. Godrej Properties’ Q1 profit rose 15% to Rs.600 crore, though revenue fell 41%. JSW Energy gained on strong quarterly results. PNB Housing Finance, IIFL Finance, and Niva Bupa were among the top losers of the session.


 11:30 AM IST

Stock Market LIVE Update | Sensex slips over 200 points | Nifty ends below 24,700

The Sensex declined over 200 points, with the Nifty ending below 24,700. Netweb Technologies surged over 10% after reporting strong Q1 growth. Hindustan Unilever shares rose 8% on upbeat Q1 results and raised broker targets. Meanwhile, major IT stocks like Wipro, Infosys, and TCS fell up to 2%. The NSDL IPO saw 7.17 times overall subscription, led by high demand from NIIs and retail investors, indicating strong market interest despite broader index weakness.


 10:30 AM IST

Stock Market LIVE Update | Sensex gains 100+ points | Nifty holds above 24,750

Sensex climbed over 100 points while Nifty held above 24,750. PNB Housing Finance shares plunged 16% after MD & CEO Girish Kousgi’s resignation. Top early gainers included Shanti Gold, KIOCL, and Chalet Hotels. On the losing side, Reliance firms dropped as the ED summoned Anil Ambani over alleged fraud. Swiggy shares declined over 4% following a wider Q1 loss of Rs 1,197 crore. Volatility spiked across several mid-cap counters amid corporate developments and regulatory actions.


 9:30 AM IST

Stock Market LIVE Update | Sensex ends over 250 points lower | Nifty slips below 24,700

Indian markets closed lower on Thursday, with the Sensex falling over 250 points and the Nifty slipping below 24,700. NMDC raised fines and lumps prices by Rs.400 per tonne. The rupee appreciated by 12 paise to 87.53 against the US dollar. Starting August 1, Sebi's new framework allows retail participation in algorithmic trading under strict regulations. Meanwhile, HUL shares surged 3.5% after a strong Q1 performance, driven by 4% volume growth and 5% underlying sales growth despite margin pressures.

GIFT NIFTY: Gift Nifty indicates a flat to negative start. Nifty is expected to trade between 24,500-24,850 today.

INDIA VIX: 11.54 | +0.34 (3.01%) ↑ today

Latest Market News

1. Gujarat Gas & Waaree Energy sign deal in boost for India's lithium-ion battery drive.

2. Waaree Energies begins operations at solar module plant in Gujarat.

3. Girish Kousgi Resigns As the CEO Of The PNB Housing w.e.f effective October 28.

4. Cyient, Zinier announce partnership to accelerate field service transformation.

5. Maruti Suzuki changes MoA to enter fleet management, subscription-based mobility, vehicle leasing, EV charging infra & scale up pre-owned car business action.

6. FIIs Net Sell ₹5,588.91 Cr, while DIIs Net Buy ₹6,372.71 Cr In Equities.

WAAREE ENERGIES LIMITED

Trade

3104111.60 (3.72 %)

Updated - 01 August 2025
3163.90day high
DAY HIGH
3010.00day low
DAY LOW
3436467
VOLUME (BSE)

In-Depth Market Insights: Global Outlook, Derivatives & More

Other Asset Classes

  1. Treasury Yield:

    • At the close on July 31, yields across major maturities held steady, with the 10-year Treasury yield at 4.37%, the 2-year yield at 3.94%, and the 30-year yield at 4.89%.

  2. Currency:

    • The Dollar Index was trading near 100 levels.

  3. Commodities:

    • Spot gold settled at approximately $3,308.83 per ounce, rising by $10.75 or 0.33%, while spot silver ended the session at around $36.68 per ounce, registering a decline of $0.57 or 1.53%.

    • West Texas Intermediate crude oil was trading near 69$ per barrel whereas, Brent crude was at 72$ per barrel.

Asian Markets

  1. General Trends:

    • Asian equities declined for the sixth consecutive session — marking their longest losing streak of the year — as President Donald Trump unveiled new tariff rates. Meanwhile, strong earnings from megacap tech companies did little to improve overall market sentiment.

  2. Sector Specific Indicators:

    • The Nikkei 225 dropped 0.6% to below 40,900 on Friday, giving back gains from the previous session as renewed trade tensions weighed on sentiment. 

    • Meanwhile, the Bank of Japan left interest rates unchanged on Thursday but raised its inflation forecast for the current fiscal year. 

    • Australia's S&P/ASX 200 dropped nearly 1% to around 8,660.

India Market Outlook

  1. Market in Previous Session:

    • On the monthly expiry day, Indian benchmark indices experienced sharp intraday swings. The Nifty touched a high of 24,956 but succumbed to selling pressure in the latter half, closing in the red. Sentiment took a further hit after the US imposed a 25% tariff on Indian exports, exacerbating foreign institutional investor (FII) outflows.

    • The Sensex ended 296.28 points lower at 81,185.58, down 0.36%, while the Nifty declined 0.35% to settle at 24,768.38.

    • On the sectoral front, FMCG and Media displayed relative strength, but most sectors remained under stress. Oil & Gas, Pharma, and Metal stocks were the hardest hit, each slipping around 1.5%.

    • Broader markets extended the weakness, with the Nifty Midcap shedding 0.93% and Small-cap dropping 1.05% amid persistent selling pressure.

TRADE SETUP FOR AUG 1

  1. Nifty Short-Term Outlook:

    • The index formed a bull candle with a long upper shadow highlighting intraday volatility amid continuation of the consolidation around the 100-day EMA.

    • Volatility is anticipated to remain elevated in coming sessions driven by key macro triggers including the US- India tariff decision and the RBI rate decision scheduled next week.

    • Nifty continues to consolidate in the range of 24,500-25,000. A breakout or breakdown will signal next directional momentum.

    • As mentioned in earlier edition, key support is seen around 24,600–24,400 levels being the confluence of the prior swing low, the 100-day exponential moving average, and key retracement level.

  2. Intraday Levels:

    • Nifty: Intraday resistance is at 24,860, followed by 25,000 levels. Conversely, downside support is located at 24,600, followed by 24,510.

    • Bank Nifty: Intraday resistance is positioned at 56,330, followed by 56,600, while downside support is found at 55,500, followed by 55,280.

Derivative Market Analysis

  1. Nifty:

    • The highest Call Open Interest (OI) is concentrated at the 26,000 strike, followed by 25,000, while the highest Put OI stands at 24,000. 

    • In the previous session, a straddle formation emerged at the 24,800 strike, highlighting it as a pivotal level in the near term. 

    • The 25,000 mark continues to act as a crucial resistance; a sustained move above this level could open the gates for a rally towards 25,200. 

    • On the downside, a breach below 24,700 may drag the index towards 24,500. 

    • The Put-Call Ratio (PCR) currently stands at 1.04, indicating a slight bullish bias with increased put writing at lower strikes.

  2. Bank Nifty:

    • The 57,000 strike now holds the highest Call and Put OI, making it a key pivot level for the upcoming expiry. 

    • In the previous session, call writers were active above 56,000, suggesting firm resistance at higher levels, while put writers showed strength below 56,000. 

    • As such, 56,000 remains a critical support; a breakdown below this level could lead the index toward 55,500. 

    • On the upside, 57,000 will be the level to watch for a potential breakout. 

    • The PCR for Bank Nifty stands at 0.97, reflecting a relatively balanced but cautious sentiment.

US Share Market News

  1. Performance Overview:

    • U.S. markets closed lower on Thursday as investors digested a fresh batch of economic data and corporate earnings reports. 

  2. Sector-Specific Index:

    • The S&P 500 fell by approximately 0.4%, shedding around 23.5 points to close near 6,339.4. 

    • The Dow Jones Industrial Average dropped about 0.7%, losing nearly 330 points to settle at 44,130.98. Meanwhile, the Nasdaq Composite dipped slightly by less than 0.1%, ending the session around 21,122.45.

    • The S&P 500 advanced 2.2% for the month of July, while the Dow Jones Industrial Average posted a modest gain of 0.08%, with both benchmarks marking their third consecutive monthly rise. The Nasdaq Composite outperformed, climbing 3.7% for its fourth straight monthly gain.

  3. Economic Indicators: 

    • PCE data showed inflation picked up in June, with new tariffs pushing prices higher, stoking concerns that price pressures could intensify in the coming months, while weekly initial jobless claims signaled the labor market remained on a stable footing.

    • Investors are now turning their attention to Friday’s nonfarm payrolls report and an upcoming tariff deadline, as U.S. President Donald Trump is expected to announce higher final duty rates for countries that have yet to reach a deal—though Mexico has been granted a 90-day extension.

Stay on top of the latest market news with Bajaj Broking’s insights. Our point-to-point expert analysis digs deep into the surface, empowering you with a unique perspective on domestic and global stock market events. Get all the current share market news, including US share market updates and the trade set up for today, in one place to make wise investment decisions.

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