Markets Steady with a Positive Pulse: Nifty Holds 24,800, L&T Leads as Star Performer

By Rakesh

Synopsis : Indian equity benchmarks opened flat but with a slight positive bias, as Nifty held above 24,800 and Sensex gained over 100 points, supported by sectoral resilience and optimism around key earnings. L&T emerged as the standout gainer, amid broader market caution.


Markets Steady with a Positive Pulse: Nifty Holds 24,800, L&T Leads as Star Performer


Stock Market LIVE Updates – July 30, 2025


Indian stock markets opened Wednesday's session on a cautiously optimistic note, with both Sensex and Nifty edging up slightly in early trade. The Sensex rose by 100 points to open at 81,594.50, while the Nifty climbed 0.28% to 24,890.40. The Bank Nifty followed suit, opening at 56,310.10, up 0.16%, reflecting a balanced sentiment across sectors.


Despite Tuesday’s rebound, investor caution remains prevalent due to a mix of global uncertainty, muted earnings, and heavy FII outflows.


Market Sentiment and Technicals


According to Prashanth Tapse, Senior VP (Research), Mehta Equities:

“Markets remain vulnerable due to overbought conditions, lack of triggers, FII net selling worth Rs. 41,006 crore in July, and earnings that haven’t impressed so far. Bulls must breach the 25,100 mark to reclaim strength.”


Key support levels:

Nifty: 24,473

Bank Nifty: 55,200

Resistance to watch: 25,421


Early Movers: Gainers & Laggards


Top Gainers:

Larsen & Toubro (L&T) – leading the rally

Bharat Electronics

Bharti Airtel

Tata Steel


Top Laggards:


Tata Motors

Asian Paints

Hindustan Unilever


Q1FY26 Earnings Wave


A busy earnings calendar lies ahead, with 20+ companies set to report Q1 results today. Key names on investor radar include:


Tata Steel

Power Grid Corp.

Hyundai Motor India

MOIL

BASF

Indus Towers

Procter & Gamble Hygiene

KPIT Technologies

JB Chemicals

Kaynes Technology


Stocks to Watch


Apart from earnings buzz, several stocks are catching attention due to regulatory moves and market buzz:


Varun Beverages

Reliance Infrastructure

Asian Paints

GAIL India

Jubilant Pharmova

Happiest Minds

NTPC

L&T

BluSmart Mobility

Arvind Ltd.


IPO Highlights


It’s a busy IPO day with major listings and fresh offerings:

NSDL (National Securities Depository) opens for bidding – a high-profile public issue drawing strong attention.

Other Mainboard IPOs: Sri Lotus Developers, M&M Engineering.

Multiple SME IPOs also hitting the market, keeping retail investors engaged.


IPO Listings Today:


GNG Electronics

Indiqube Spaces

These new listings are expected to add more depth and excitement to today’s session.


Disclaimer : This article is for informational and educational purposes only and does not constitute financial advice. Investors should consult with certified financial advisors before making any investment decisions.

Post a Comment

0 Comments
Post a Comment (0)
To Top