Sensex Today Trades Flat | Nifty Below 24,850 | IdeaForge Falls 9%, MMTC Up 8%

Tue, 30 Jul 10:30 am

   Previous Close   

   Pre-Open   

   Closing   

Asian stocks opened lower amid speculation investors are trimming some of their holdings before a rush of events in coming days including major central bank decisions, key economic data and earnings from US megacap companies.

Equities slipped in Japan and Australia in early trading, while futures signaled a decline in Hong Kong.

US stock market ended Monday's choppy session mixed.

Here's a table showing how US stocks performed on Monday:

Stock/Index	LTP	Change ($)	Change (%)	Day High	Day Low	52-Week High	52-Week Low
Alphabet	171.13	2.45	1.45%	172.16	169.72	193.30	121.46
Apple	218.24	0.28	0.13%	219.3	215.75	237.23	164.08
Meta	465.71	0.01	0.00%	473.96	465.02	542.79	274.39
Tesla	232.10	12.3	5.60%	234.27	224.70	278.97	138.80
Netflix	626.96	-4.41	-0.70%	634.61	623.93	697.47	344.73
Amazon	183.20	0.70	0.38%	184.75	182.38	201.20	118.35
Microsoft	426.73	1.46	0.34%	432.15	424.70	468.35	309.45
Dow Jones	40539.93	-49.41	-0.12%	40682.49	40388.83	41376.00	32327.20
Nasdaq	19059.49	35.83	0.19%	19224.59	18974.51	20690.97	14058.33

Source: Equitymaster

At present, the BSE Sensex is trading 44 points lower and NSE Nifty is trading 5 points lower.

NTPC, Asian Paints and BPCL among the top gainers today.

Hindalco, HDFC Life and Bajaj Finserv the other hand are among the top losers today.

For a comprehensive overview of key players in the financial sector, check out list of Fin Nifty Companies.

For impact of the Bank Nifty companies and comprehensive overview of the index, check out Equitymaster's Bank Nifty Companies list.

Broader markets are trading on positive note. The BSE Midcap index is trading 0.3% higher and the BSE Smallcap index is trading 0.7% higher.

Sectoral indices are trading mixed today, with stocks in oil & gas sector and power sector witnessing buying. Meanwhile stocks in IT sector and metal sector witnessing selling pressure.

The rupee is trading at Rs 83.73 against the US dollar.

In commodity markets, gold prices are trading 0.1% higher at Rs 68,687 per 10 grams today.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

Speaking of the stock market, learn why a surprising stock skyrocketed while this investor stayed cautious.

Discover the two investment styles - safe & steady vs. high risk, high reward - and how to choose the right one for YOU.

Rahul Shah, co-head of research at Equitymaster in his latest video talks about Suzlon and where did he go wrong.

Tune into below video for more details.

RVNL's New Project Win

Rail Vikas Nigam Ltd. emerged as the lowest bidder for an order worth Rs 7.4 billion (bn) from the Himachal Pradesh State Electricity Board.

The contract includes the development of distribution infrastructure in the central zone of Himachal Pradesh under the revamped reform-based and results-linked distribution sector scheme, as per an exchange filing on Monday.

Earlier on 24 July, the company received a contract worth Rs 1.9 bn from South Eastern Railway for the upgrade of the electric traction system in Jharkhand.

Tata Steel Buys Singapore Arm

Tata Steel on Monday said it has acquired over 557 crore equity shares in its Singapore-based arm for US$ 8.8 m. In May, Tata Steel's board approved the infusion of funds into T Steel Holdings Pte Ltd (TSHP), by way of subscription to equity shares in one or more tranches.

After the acquisition, T Steel Holdings will remain a wholly-owned subsidiary of the Indian steel manufacturer.

In May, the company had said that it would infuse money into its foreign subsidiary by subscribing to its equity shares and that the company plans to acquire the shares in one or more tranches during this financial year.

Tata Steel will announce its first-quarter results on 31 July and the company saw best-ever sales in the quarter-ended June.

Earlier this month, the company had said that crude steel production at Tata Steel India had risen 5% year-on-year to 5.25 million tonnes.

However, the production was lower sequentially due to planned maintenance shutdowns. The company's Indian deliveries saw a 3% growth.

HPCL Q1 Results

Hindustan Petroleum Corporation Limited on 29 July reported a consolidated net profit of Rs 6.3 bn for the first quarter of the financial year 2024-25, a decline of 90.6% from the year-ago period.

The state-run oil retailer posted a profit of Rs 67.7 bn in the same period last year.

The decline in profit was primarily due to weak gross refining margins (GRM) and higher crude oil prices from last year.

Meanwhile, the company's net profit declined 76% sequentially, as it posted a profit of Rs 2,709.31 crore in the March quarter.

HPCL said the primary reasons for lower PAT are suppressed marketing margins on select petroleum products and reduced refining margins.

The company's total income remained flat at Rs 1.21 lakh crore, compared Rs 1.2 tn last year.

HPCL's average gross refining margin (GRM) for Q1 was US$ 5.03 per barrel, against US$ 7.4 during the corresponding period last year.

The reduction in GRMs is primarily due to lower cracks in line with the trend of international product cracks, the company said in a press release.

The company's throughput was 5.7 million metric tonne (MMT) during the quarter, compared to 5.40 MMT last year.

On the marketing front, HPCL achieved quarterly domestic sales of 12.1 MMT during Apr-Jun 2024 from 11.4 MMT in last year. Exports in the quarter came in at 0.6 MMT.

HPCL invested Rs 20.2 bn during the quarter to further strengthen its refining and marketing infrastructure, including its equity investment in joint venture and subsidiary companies.

During the quarter, HPCL commissioned 126 retail outlets across the country taking the total number of outlets to 22,148.

The company also commissioned nine new LPG distributorships during the period taking the total count of LPG distributorships to 6,358.

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary

Top Gainers TodayTop Gainers over 1-WeekTop Gainers over 1-MonthTop Gainers over 1-YearTop Gainers over 3-YrsTop Gainers over 5-YrsTop Losers TodayTop Losers over 1-WeekTop Losers over 1-MonthTop Losers over 1-YearTop Losers over 3-YrsTop Losers over 5-YrsOnly BuyersOnly SellersMost Active StocksMost Popular Stocks52 Week High Stocks52 Week Low Stocks

INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

10 results 25 results 50 results 100 results All results

Indian Share Market Update: Top Gainers and Losers