Stock Market Live Updates | Sensex, Nifty Close Steady as Escalating US-Iran Tensions Rattle Markets
Ayubal Wellness Opens Advanced Manufacturing Facility in JaipurAyubal Wellness, the parent company of Ashpveda, has inaugurated a state-of-the-art manufacturing facility in Jaipur to expand its Ayurveda and wellness production capabilities. Spread across 8,200 square metres, the plant features automated manufacturing, R&D laboratories and modern packaging infrastructure to support growing domestic and international demand.Thomas Cook India Launches Zero Markup Forex Card for Global TravellersThomas Cook India has introduced its Zero Markup Forex Card by relaunching the One Currency Card with zero markup and zero cross-currency conversion charges. The prepaid forex card allows travellers to lock exchange rates before departure, offering protection against currency fluctuations while making overseas spending more transparent and cost-effective.WebEngage Helps Kaspersky Strengthen B2B Customer EngagementKaspersky has enhanced its B2B customer engagement through WebEngage's marketing automation platform, reaching over 500,000 users during the initial phase of the partnership. The collaboration enables better customer segmentation, lead generation, campaign management and performance analytics, supporting Kaspersky's efforts to build a more scalable and data-driven marketing framework.NEAT Everyday Expands Mumbai Retail Footprint with Two New StoresNEAT Everyday has opened two new experience stores in Ghansoli and Chandivali, taking its Mumbai store count to five within a month. The expansion strengthens the brand's omnichannel strategy and improves access to its range of clean-label nutraceuticals, cold-pressed oils, gummies, plant-based capsules and personal care products.FIIs Pump Over $1 Billion Into Indian EquitiesForeign investors infused more than $1 billion into Indian equities last week, marking the strongest weekly inflow since June 2025, supported by a stable rupee and improving corporate earnings expectations.SEBI Tightens Ethics Rules for Current, Former EmployeesSEBI has introduced a two-year cooling-off period for former officials and expanded investment restrictions to employees' family members, strengthening governance and preventing potential conflicts of interest.Swiggy, Eternal Gain Up to 20% in One MonthSwiggy and Eternal have rallied as much as 20% over the past month despite recent weakness. Analysts see further upside but advise investors to remain cautious amid rich valuations and market volatility.IT Stocks Rally Up to 6% Led by TCSThe Nifty IT index surged around 4%, led by TCS, HCLTech and Infosys. TCS gained after announcing a multi-year AI-powered network transformation deal with ABB, boosting sector-wide sentiment.Dubai Realty Market Holds Firm Despite Regional TensionsANAROCK said Dubai's housing market remained resilient despite Middle East tensions, with H1 residential transactions reaching AED 226 billion, as strong fundamentals outweighed temporary concerns linked to the Iran conflict.Rupee Strengthens as Crude Oil Gains, Gold SlipsThe US dollar traded at Rs. 95.61, up 0.26%, while crude oil gained 2.69% to $73.33 a barrel. Gold, natural gas and copper declined amid mixed global commodity trends.India Finsec, Kahan Packaging Lead Gainers; Brisk Technovision Tops LosersIndia Finsec, Kahan Packaging, Gabion Technologies, Shardul Securities, Shree Steel Wire Ropes and Just Dial surged, while Brisk Technovision, Everlon Financials and Rajkot Investment Trust led the day's declines.Kalyan Jewellers, TCS Among Most Traded Stocks; SRG Fingrow Tops VolatilityKalyan Jewellers, Infosys, TCS, Newgen Software and Zensar Technologies dominated trading volumes, while SRG Fingrow Finance emerged as the most volatile stock, followed by Goenka Business & Finance and Utique Enterprises.India VIX Surges Over 9% Amid Market VolatilityIndia's Volatility Index (VIX) jumped more than 9%, reflecting heightened investor caution as geopolitical tensions, rising crude oil prices and global uncertainty increased volatility across equity markets.Oil Jumps Over 3% as Hormuz Supply Fears IntensifyCrude oil prices surged more than 3% after renewed US-Iran military strikes raised concerns over energy shipments through the Strait of Hormuz, with Brent crude climbing to $78.68 a barrel.Sensex Ends Above 77,650 After Rebounding From Intraday LowsThe BSE Sensex traded at 77,653.17, gaining 83.78 points (0.11%) after recovering from early weakness. Selective buying in heavyweight stocks helped the benchmark stay in positive territory despite lingering concerns over geopolitical tensions and higher crude oil prices.Nifty Holds Near 24,202 After Recovering From Early VolatilityThe Nifty 50 traded at 24,201.55, down just 0.02%, after recovering from early losses. The benchmark remained largely range-bound through the afternoon, with selective buying in heavyweight stocks helping the index erase most of its intraday decline.Oil Prices Surge Over 3% as Hormuz Tensions Shake Global MarketsCrude oil prices rallied more than 3% after renewed military strikes between the US and Iran heightened fears of disruptions in the Strait of Hormuz. Brent crude climbed to $78.68 a barrel, raising concerns over inflation and global energy supplies.Swiggy Shares Slip After FSSAI Issues Nine Notices to InstamartSwiggy shares fell over 2% after the Food Safety and Standards Authority of India (FSSAI) issued nine notices to Swiggy Instamart over consumer complaints. Regulatory scrutiny weighed on investor sentiment, pushing the stock towards an intraday low of Rs. 266.TCS Jumps 8% in Two Days: Is the IT Giant Ready for a Bigger Comeback?TCS shares climbed to Rs. 2,204.90, gaining 8% in two sessions after strong quarterly earnings and positive technical signals. Although the stock has rebounded sharply, it remains nearly 32% lower for 2026, keeping investors focused on its recovery potential.FIIs Trim Stakes in 280 Stocks, Yet Select Shares Rally Up to 220%Foreign institutional investors reduced holdings in nearly 280 BSE 500 companies during the June quarter. Despite the selling, several stocks delivered returns of up to 220% in just over three months, highlighting strong stock-specific momentum amid changing ownership trends.Swiggy Falls Over 2% After FSSAI Issues NoticesSwiggy shares slipped over 2% to around Rs. 266 after the FSSAI issued nine notices to Swiggy Instamart over alleged violations of the Food Safety and Standards Act following consumer complaints.TCS Rallies 8% in Two Days After Q1 BoostTCS shares climbed to Rs. 2,204.90, their highest level in nearly a month, extending gains to 8% in two sessions. Despite the rebound, the stock remains around 32% lower for 2026.FIIs Trim Stakes Even as Select Stocks SurgeForeign institutional investors reduced holdings in nearly 280 BSE 500 companies during the June quarter. Despite the selling, 10 stocks rallied up to 220% in just over three months, highlighting strong stock-specific momentum.Kahan Packaging, FINO Payments Lead Top Gainers; Superior Industrial SlidesKahan Packaging, Gabion Technologies, Shardul Securities, Shree Steel Wire Ropes, FINO Payments Bank and BF Utilities surged up to 20%, while Superior Industrial Enterprises led the losers, followed by Everlon Financials, IMEC Services, Bandaram Pharma Packtech, Osiajee Texfab and Liotech Industries.Wipro Climbs Above Rs. 178 Amid Fresh Buying InterestWipro shares rose 1.73% to Rs. 178.49, extending their recovery from recent lows. The stock witnessed renewed buying interest, though it remains below its highs seen earlier this year.InvestorAI Bets on Domestic Demand Amid Global UncertaintyThe ThesisInvestorAI believes India's market remains fundamentally resilient despite geopolitical tensions. Strong FII inflows of ₹2,604 crore, lower market volatility and robust domestic demand suggest that the Hormuz premium is a tactical trade rather than a structural threat. The firm remains overweight on jewellery, cement and healthcare, which are expected to benefit from the RBI's easing cycle.Where We're ConcentratedThe strategy focuses on gold-linked discretionary consumption, diversified materials linked to the real estate recovery, and healthcare services. InvestorAI believes India's domestic demand can comfortably absorb Brent crude around $76, though sustained prices above $82 could increase input costs for cement and chemical companies.Conviction PicksKalyan Jewellers India Ltd.IFCI Ltd.Grasim Industries Ltd.Aster DM Healthcare Ltd.Shyam Metalics and Energy Ltd.One Thing to WatchInvestorAI says Brent crude above $80 per barrel is the biggest near-term risk. Any prolonged disruption in the Strait of Hormuz that keeps oil prices elevated could squeeze corporate margins and challenge its bullish outlook on domestic sectors.Axis Direct's Rajesh Palviya Remains Bullish on NiftyRajesh Palviya said the Nifty 50 extended its rebound on Friday, supported by financial and IT stocks as improving global sentiment, FII and DII buying, and lower market volatility boosted investor confidence. Technically, he believes the near-term trend remains positive as long as Nifty holds above 24,100, with upside targets of 24,350 and 24,550. However, he cautioned that rising crude oil prices and global geopolitical developments will remain key triggers for market direction in the coming sessions.Sensex Turns Positive; Nifty Trims Losses in Volatile TradeIndian benchmarks recovered from early weakness as the Sensex turned positive to trade at 77,633.21, up 0.08%, while the Nifty 50 pared losses to 24,183.90, down 0.10%. Buying in select heavyweights helped offset concerns over global geopolitical tensions.Goodluck India Gains on 2:1 Bonus Share AnnouncementShares of Goodluck India Ltd. rose nearly 3% after the company announced a 2:1 bonus issue. The stock traded around Rs. 1,606, as investors welcomed the corporate action, boosting buying interest despite broader market volatility.SK Hynix Plunges 15% as Profit Booking Hits Tech StocksSK Hynix shares tumbled more than 15%, marking their steepest one-day decline, as investors booked profits after the company's Nasdaq debut. The selloff, alongside weakness in Samsung Electronics, contributed to a 9% plunge in South Korea's Kospi.Sensex Erases Losses, Turns Positive in Afternoon TradeAfter a weak start, the Sensex reversed course to trade over 150 points higher in afternoon trading. The rebound reflected improved buying interest despite persistent concerns over rising crude oil prices and escalating geopolitical tensions.Japan's Nikkei Ends Nearly 2% Lower on Oil Price FearsJapan's Nikkei 225 fell 1.92% to 67,242.73, while the broader Topix slipped 0.71% as surging oil prices following renewed Middle East tensions clouded the corporate earnings outlook and dampened investor sentiment.Market Analysis: Vikram Subburaj, CEO, Giottus.comVikram Subburaj believes Bitcoin's recent recovery has been supported by improving ETF inflows, but stronger institutional participation is still needed for a sustained bull run. He expects US inflation data, Federal Reserve commentary and interest rate expectations to drive crypto markets in the near term. According to Subburaj, Bitcoin faces immediate resistance at $65,000, while support lies around $63,000-$62,000. He advises investors to avoid chasing short-term rallies and instead adopt staggered accumulation with disciplined position sizing.After a 47% Rally, Is Kalyan Jewellers Still a Buy? A Business AnalysisKalyan Jewellers' shares closed at Rs. 524.75, extending a 47% rally in four trading sessions after a strong Q1 business update boosted investor confidence. While continued expansion and industry tailwinds support long-term growth, the sharp surge has elevated valuations, making earnings execution and potential profit booking key factors investors should monitor.Foreign Investors Pull $46 Billion from Emerging Market EquitiesForeign investors withdrew $46.1 billion from emerging market equities in June, driven by heavy selling in South Korea and Taiwan's technology sectors. According to the IIF, overall portfolio flows remained negative for a second straight month despite continued demand for emerging market debt. Rupee Slides to One-Month Low as Oil Prices SurgeThe Indian rupee weakened to its lowest level in over a month, falling nearly 0.5% to around 95.76 per US dollar. Rising oil prices triggered by renewed Middle East tensions pressured the currency, while likely RBI intervention helped limit further losses.Axis Bank Trades Near Rs. 1,316 Amid Mild Profit BookingAxis Bank shares traded around Rs. 1,315.80, slipping 0.60% during the session. The stock witnessed mild profit booking after recent gains but continued to hold above the Rs. 1,300 level, indicating resilience despite broader market volatility and cautious investor sentiment.Top Movers: Stocks That Outperformed and UnderperformedInfosys Rebounds Above Rs. 1,080 Amid Buying InterestInfosys shares traded around Rs. 1,085, gaining 1.59% during the session after extending their recovery from recent lows. The stock remained above the Rs. 1,050 level, supported by steady buying interest, though it continues to trade below its highs recorded earlier this year.Analyst View: Harish Vatnani, Head of Trade, ZebPayHarish Vatnani believes Bitcoin's resilience continues to stand out despite renewed geopolitical uncertainty. He noted that rising oil prices following US-Iran tensions have increased volatility across risk assets, leading to more than $13 million in Bitcoin long liquidations over the past 24 hours. Bitcoin is currently trading between $60,000 and $65,000, and a breakout with strong trading volumes will determine its next major trend. While short-term uncertainty persists, Vatnani says Bitcoin has continued to hold up well against broader macroeconomic headwinds.TCS Extends Rally After Strong Q1 EarningsShares of Tata Consultancy Services (TCS) gained nearly 4% over two sessions after the IT giant reported its April-June quarter earnings. Investors welcomed the results, helping the stock outperform the broader market and extend its post-results rally.Gold Prices Drop as Oil Rally Fuels Inflation ConcernsGold prices fell more than 1% after fears of a Strait of Hormuz closure pushed oil prices sharply higher. Rising crude revived inflation concerns and expectations of prolonged higher interest rates, weighing on demand for the precious metal. Goldman Sachs Sees Nifty at 26,500 by June 2027Goldman Sachs has turned more optimistic on Indian equities, projecting the Nifty 50 to reach 26,500 by June 2027. The brokerage expects improving macroeconomic conditions to support the benchmark index, surpassing its previous record high of 26,373.ICICI Bank Holds Near Rs. 1,400 After Strong Recovery ICICI Bank shares traded around Rs. 1,400, down 0.09% for the session after a sharp recovery from June lows. The stock continues to hold near recent highs, indicating sustained buying interest despite minor profit booking and broader market volatility.Rupee Weakens as Crude Oil Prices Jump Over 4%The Indian rupee weakened to 95.7625 against the US dollar, down 0.40%, as crude oil prices surged 4.33% to $74.50 per barrel amid escalating geopolitical tensions. Meanwhile, gold, copper and natural gas traded lower, reflecting mixed commodity market sentiment.Indian Bond Yields Rise as Oil Surge Weighs on MarketsIndian government bond yields edged higher on Monday after rising oil prices and a US Treasury selloff triggered by escalating US-Iran tensions. However, expectations that India could join Bloomberg's Global Aggregate Index helped cap losses and supported investor sentiment.Will Fuel and LPG Prices Rise? Experts Warn of Supply RisksEscalating tensions between Iran and the US have renewed concerns over fuel and LPG prices as risks to energy supply chains increase. While crude oil supplies remain relatively insulated for now, experts warn that prolonged disruptions could significantly impact LPG-dependent industries and push prices higher.Analyst View: Riya Sehgal, Research Analyst, Delta ExchangeGlobal markets have shifted into a risk-off mode amid renewed US-Iran hostilities and Iran's claim that the Strait of Hormuz has been closed again. Brent crude has climbed about 4% to $79.11, while the US dollar and Treasury yields have strengthened, reflecting expectations of tighter Federal Reserve policy. Despite geopolitical uncertainty, gold has struggled as higher yields and a stronger dollar have outweighed safe-haven demand. Crypto markets also remain under pressure, with Bitcoin and Ether trading below key resistance levels. Investors will closely watch shipping activity through Hormuz, Brent crude's move towards $80, the July 14 US CPI data, and Fed Chair Kevin Warsh's congressional testimony for the next market direction.US-Iran Tensions Rattle Global Markets as Oil SurgesEscalating tensions between the United States and Iran have triggered a global risk-off sentiment, pushing Brent crude nearly 4% higher to around $79 a barrel and strengthening the US dollar. Equities, gold and cryptocurrencies faced pressure as investors weighed the possibility of further Federal Reserve rate hikes. Analysts say markets will closely monitor shipping activity through the Strait of Hormuz, Brent crude's movement toward $80, the upcoming US inflation data, and the Fed Chair's congressional testimony for further direction.Nifty Recovers After Weak Start Despite Market Pressure After opening lower, Nifty 50 recovered from early losses to trade at 24,120.40, down 0.36%. Sensex slipped 0.40%, while cautious investor sentiment persisted amid global uncertainties. The intraday chart showed buying support after initial weakness, helping the benchmark pare sharper declines.Indian equity markets opened the week under heavy selling pressure on Monday as rising geopolitical tensions in the Middle East rattled global investor sentiment. Benchmark indices Sensex and Nifty slipped sharply after renewed military exchanges between the US and Iran triggered a surge in crude oil prices, raising concerns over inflation, corporate profitability and India's import bill. Weak global cues, a softer rupee and cautious investor mood further weighed on domestic equities. Market participants are also closely tracking the first-quarter earnings season for corporate performance signals, while volatility is expected to remain elevated amid uncertainty over oil prices and global developments.
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