Nifty 50 ended the session at 25,087.15, slipping by 62.7 points or 0.25%. Bank Nifty stayed flat by closing at 56,763.60 near its previous day closing of 56,754.70, or a minor gain of 0.016%. Sensex also closed lower at 82,250.72, losing 249.75 points or 0.30%.
Global Events
- India-US trade deal Highlights– India may receive trade relief soon, as reports suggest that the US is working toward an interim trade deal with India that may reduce its proposed tariffs to below 20% from the earlier stated 26%.
- China’s Rare-Earth metal exports spike – China’s exports of rare earths in June climbed to their highest since 2009. Exports of rare earths, in mineral or metal form, climbed to 7,742 tonnes, up 60% from a year earlier.
- EU Minister says Ready to tariff the US back – On threats of tariffing the EU and Mexico with 30%, the European Union has already prepared a list of tariffs worth 21 billion euros ($24.52 billion) on U.S. goods if the two sides fail to reach a trade deal, said Italy’s Foreign Minister, Antonio Tajani.
Stock News
- Oriana Power: The company hit 5% upper circuit post securing Letter of Award from Karnataka Power Transmission Corporation Ltd (KPTCL) for a Rs 212 crore battery energy storage projectOla Electric: Shares surged over 17 percent after it reported better performance as compared to its previous quarter, but disappointed investors with its YoY performance. It expects to hit a revenue of between Rs 4,200-4,700 crore by the end of FY26.
- Castrol India: Shares surge 6 percent after ₹4,131 crore tax dispute resolved in the company’s favour with the Maharashtra Sales Tax Department
- Neuland Laboratories: Mukul Agarwal’s stock is in focus after a dividend of Rs 12 per share, and the record date is set as July 18, 2025. This represents a 120% dividend payout of the stock’s face value of Rs 10.
- Landmark Cars: Shares surged over 4 percent after B&K Securities gave a positive outlook for India’s first luxury multi-car outlet, which signals a potential upside of 61% from its current level
- Ahluwalia Contracts (India): Stock in focus post securing Rs 2,089 crores from DLF Limited for a residential project, for Civil & Structure works, including Rough Finishing works for “The Dahlias” DLF5, Gurugram.
Top gainer/Top loser (Nifty 500):
Top gainers | Top losers |
---|---|
Neuland Laboratories Ltd. (20%) | Garden Reach Shipbuilders & Engineers (-5.09%) |
Ola Electric (19.27%) | Rattan India Enterprises (-3.44%) |
Anand Rathi Wealth. (17.3%) | Techno Electric & Engineering Company (-3.26%) |
Jaiprakash Power Ventures (15%) | Sarda Energy (-2.87%) |
Vodafonbe Idea (8%) | Cochin Shipyards (-2.82%) |
Conclusion
Markets ended on a weak note today, with Nifty 50 and Sensex both closing lower, while Bank Nifty remained flat. Global trade developments and stock-specific news drove investor sentiment. Key highlights included gains in stocks like Oriana Power, Ola Electric, and Landmark Cars, while companies like Garden Reach and Rattan India saw declines. Investors will now watch global trade talks and domestic earnings for further cues.
Written by Satyajeet Mukherjee
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