Today, the Nifty closed at 24,812.05, marking a decline of 41 points from its opening level. Meanwhile, the Bank Nifty ended on a positive note at 55,828.75, gaining 114 points or approximately 0.21%. The Sensex closed lower at 81,444.66, registering a drop of 138 points, or 0.17%.
Global/Domestic Events/Updates
On the sixth day of the conflict, Iran’s Supreme Leader Ayatollah Ali Khamenei issued a dawn warning on social media, declaring, “The battle begins.” Earlier, US President Donald Trump referred to the supreme leader as an “easy target” and stated that America’s “patience is wearing thin,” while also calling for Iran’s “unconditional surrender.”
After the G7 summit, Prime Minister Modi and U.S. President Trump spoke over the phone, where Modi declined Trump’s invitation to visit the U.S. due to prior engagements. Both leaders agreed to meet in the near future, and Trump accepted Modi’s invitation to visit India for the upcoming QUAD summit.
During the call, PM Modi reiterated that India does not and will not accept third-party mediation in its conflict with Pakistan. A volcanic eruption in Indonesia released a massive ash cloud over six miles high, leading to the disruption and cancellation of numerous flights to and from Bali which is a popular tourist destination.
Major News:
Import of Palladium, Rhodium and Iridium alloy consisting of Gold more than 1% by weight is ‘restricted’. BSE Company MD says Thursday is not a bad choice for expiry day and also says great advantage of relative value trading on Thursday, appears to be a better and ideal choice.
Government Considers 18% Hike in Motor Third-Party Premiums
The Finance Ministry is likely supporting IRDAI’s proposal for an 18% hike in motor third-party (TP) insurance premiums. The Road Ministry is actively reviewing the proposal and may decide within 1–2 weeks.
Analysts believe this hike could improve insurers’ combined ratio by 400–500 basis points. Motor TP insurance is mandatory, and premiums have not been increased in the last four years.
The government has announced the introduction of an annual FASTag-based pass priced at ₹3,000, effective from August 15, 2025. This pass will be valid for one year from the date of activation or up to 200 trips, whichever comes first. It is specifically designed for non-commercial private vehicles, aiming to streamline toll payments and provide convenience for frequent travelers.
- Meghna Infracon Infrastructure Ltd: The shares of this multibagger stock surged by approximately 7 percent after the company announced the approval of a 1:1 bonus issue.
- International Conveyors Limited: Skyrockets 15% after promoters increased their stake in the company.
- Ganesh Green Bharat Limited: Hits 5% upper circuit after order revised to ₹620 Cr for solar modules.
- Railtel Corporation of India Ltd: Jumps 4% after receiving ₹44 Cr order from Zoram Electronics Development Corp.
Top gainer/ Top loser (Nifty 500)
| Top gainers | Top losers |
|---|---|
| Reliance Power Ltd.(+5.0%) | Inventurus Knowledge Solutions Ltd.(-8.7%) |
| IndusInd Bank Ltd.(+4.8%) | Hindustan Zinc Ltd.(-6.9%) |
| Avenue Supermarts Ltd.(+4.3%) | Happiest Minds Technologies Ltd. (-4.1%) |
| RBL Bank Ltd.(+4.1%) | AstraZeneca Pharma India Ltd. (-3.7%) |
| Authum Investment & Infrastructure Ltd.(+4.0%) | Ramco Cements Ltd.(-3.7%) |
Conclusion:
Today’s market saw mixed movements, with Nifty and Sensex ending lower while Bank Nifty showed modest gains. On the global front, geopolitical tensions between the U.S. and Iran continue to escalate, adding to investor caution.
Diplomatic dialogues between PM Modi and President Trump reflect strong bilateral engagement, even as India firmly maintains its stance on regional issues. These developments collectively set the tone for cautious optimism in the days ahead.
Written by Manideep Appana
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
