Indian equity indices ended in red; Sectoral indices ended mixed; Broader indices remained under pressure

POST MARKET

Indian benchmark indices ended in the red, unable to sustain the mid-day recovery following a weak start, as markets assessed the broader impact of Trump’s tariffs and penalties.

At close, the Sensex was down 296.28 points or 0.36 percent at 81,185.58, and the Nifty was down 86.70 points or 0.35 percent at 24,768.35. About 1490 shares advanced, 2365 shares declined, and 135 shares remained unchanged.

HUL, Jio Financial, Eternal, JSW Steel, and ITC were among the major gainers on the Nifty, while losers included Adani Enterprises, Dr Reddy’s Labs, Adani Ports, Tata Steel, and Sun Pharma.

Among sectors, FMCG rose 1.4 percent, while IT, metal, oil & gas, PSU Bank, pharma, realty, and telecom declined 0.5-1.8 percent.

The broader markets remained under pressure. The Nifty Midcap 100 was down nearly one percent, while its small-cap peer was down half a percent.

STOCKS TODAY

Jio Financial Services

Shares rallied over 3 percent after the board of financial services major and Nifty 50 company Jio Financial Services (JFSL) approved the plan to raise Rs 15,825 crore from promoter-group entities through a preferential issue of warrants. In today’s session, JFS was one of the top gainers on the Nifty.

Adani Enterprises

Shares of the flagship Adani Group tanked as much as 4 percent after the company reported a 50 percent decline in net profit at Rs 734 crore for the quarter ended June 30, 2025. The Adani Group’s flagship firm reported a 14 percent drop in revenue at Rs 21,961 crore.

HEG India

Shares rallied up to 11 percent on July 31 after it reported a sequential improvement in the topline during the June 2025 quarter (Q1FY26). The company also announced a capex plan amidst demand recovery in the global market.

Interglobe Aviation

Shares of India’s leading airline surged over 3 percent in an otherwise subdued market on July 31 despite reporting a 20 percent YoY fall in net profit for the June quarter. The rally followed brokerage firms Motilal Oswal Financial Services and Elara Capital reaffirming their ‘Buy’ ratings on the stock.

Punjab National Bank

Shares of the state lender fell up to 4 percent on July 31 as it reported a net profit of Rs 1,675 crore, a 49 percent drop from Rs 3,251 crore in the same quarter last fiscal and Rs 4,567 crore in the previous quarter. The decline was primarily due to a sharp rise in tax expenses, which jumped to Rs 5,083 crore from Rs 2,017 crore a year earlier.

Source – Money Control