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Foreign investors returned to Indian equities in July but directed Rs 25,298 crore toward consumer services, healthcare and consumer durables. They sold heavily in capital goods, telecom and automobiles, signalling a preference for domestic consumption and defensive growth over capital expenditure-linked sectors.
12:32 AMEconomic Times
Indian equities ended lower ahead of a week shaped by more than 2,000 first-quarter earnings announcements, crude prices and Middle East tensions. US nonfarm payrolls, expectations for Federal Reserve policy and foreign institutional flows will also influence the market.
11:50 PMEconomic Times
Hindalco Industries reported record June quarter profit of Rs 7,013 crore and record sales, helped by higher aluminium prices and a recovery at Novelis. The company is prioritising projects worth Rs 50,000 crore and is assessing additional investments as prices are expected to remain supportive.
12:13 AMEconomic Times
Titan’s June quarter profit rose 63% year on year, while consolidated income increased 40% to about Rs 20,753 crore. Jewellery revenue excluding bullion grew 43% to Rs 18,253 crore, led by strong Akshaya Tritiya demand, while watches and EyeCare also recorded growth.
12:28 AMEconomic Times
State Bank of India reported a 10% year-on-year increase in June-quarter net profit, helped by strong loan growth and a 15% rise in net interest income. The bank also plans to raise $10 billion through FCNR(B) deposits.
12:07 AMEconomic Times
Ola Electric’s June quarter revenue fell 45% year on year to Rs 455 crore as vehicle registrations and deliveries declined. Its net loss narrowed by about 21.5% year on year to Rs 336 crore.
12:21 AMEconomic TimesSummary
Foreign investors returned to Indian equities in July but directed Rs 25,298 crore toward consumer services, healthcare and consumer durables. They sold heavily in capital goods, telecom and automobiles, signalling a preference for domestic consumption and defensive growth over capital expenditure-linked sectors.
The decisive shift is from India’s capex narrative toward earnings tied to household demand and
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FII positioning is challenging the market’s capex-led leadership and could reset sector valuations.
Summary
Indian equities ended lower ahead of a week shaped by more than 2,000 first-quarter earnings announcements, crude prices and Middle East tensions. US nonfarm payrolls, expectations for Federal Reserve policy and foreign institutional flows will also influence the market.
The market faces competing domestic and global signals, making earnings the main test of whether
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The week could determine whether market weakness reflects a temporary risk-off move or a broader reassessment of earnings and macro conditions.
Summary
Hindalco Industries reported record June quarter profit of Rs 7,013 crore and record sales, helped by higher aluminium prices and a recovery at Novelis. The company is prioritising projects worth Rs 50,000 crore and is assessing additional investments as prices are expected to remain supportive.
Commodity pricing and Novelis’ recovery have sharply lifted current earnings, giving Hindalco more room to
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Hindalco’s record cash generation strengthens its expansion capacity but also increases exposure to a cyclical commodity peak.
Summary
Titan’s June quarter profit rose 63% year on year, while consolidated income increased 40% to about Rs 20,753 crore. Jewellery revenue excluding bullion grew 43% to Rs 18,253 crore, led by strong Akshaya Tritiya demand, while watches and EyeCare also recorded growth.
Jewellery remains the main earnings engine, and the quarter shows Titan converting festival demand into
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Titan’s performance reinforces the strength of organised jewellery retail and its growing importance to the company’s earnings.
Summary
State Bank of India reported a 10% year-on-year increase in June-quarter net profit, helped by strong loan growth and a 15% rise in net interest income. The bank also plans to raise $10 billion through FCNR(B) deposits.
SBI's stronger core earnings show that loan expansion is still offsetting pressure on banking margins.
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SBI's results support the view that credit growth remains a key earnings engine for India's largest lender.
Summary
Ola Electric’s June quarter revenue fell 45% year on year to Rs 455 crore as vehicle registrations and deliveries declined. Its net loss narrowed by about 21.5% year on year to Rs 336 crore.
The narrower loss does not offset the sharper deterioration in sales and volumes. Ola’s immediate
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Ola’s results show that improving losses are not enough if scale, registrations and market traction continue to erode.
A curated list of other prominent stories from this day.
Delhivery's Q1 FY27 revenue rose 28% year on year to Rs 2,930.7 crore, but net profit fell 65% to Rs 31.9 crore. EBITDA declined 4% as labour, fuel and operating costs outpaced revenue growth.
7:50 AMEconomic Times
India's strong consumer demand, government spending and broader economic resilience should support financial markets, according to Sebi. Geopolitical tensions and volatile commodity prices could still disrupt foreign capital flows and increase market instability.
7:39 AMEconomic Times
Foreign demand for Indian government bonds is expected to remain subdued as high global yields and domestic interest rates reduce the appeal of local debt. Delayed inclusion in global bond indices and expectations of a prolonged pause by the Reserve Bank of India add to the headwinds.
7:29 AMEconomic Times
Apollo Micro Systems reported a record Q1 FY27 net profit of Rs 25.2 crore, up 43% year on year, while revenue surged 88% to Rs 251.3 crore. EBITDA increased 18% to Rs 48 crore, although margins moderated.
7:29 AMEconomic TimesApollo Micro Systems reported a record first-quarter performance, with net profit rising 43% year over year to Rs 25.2 crore and revenue increasing 88% to Rs 251.3 crore. EBITDA reached Rs 48 crore, although the company said margins moderated.
7:29 AMEconomic Times
AGS Health has filed updated draft documents for an India IPO valued at about Rs 48 billion. The offering includes a share sale by Blackstone worth roughly Rs 30 billion, while the healthcare revenue-cycle management company reported a profit of Rs 2.07 billion in the last fiscal year.
6:48 AMEconomic Times
BSE's derivatives contract volumes fell sharply in the first week after the Closing Auction Session, but premium per contract rose 74.8%. That increase lifted average daily premium turnover by 21.3% and raised BSE's market share to 37.1%.
5:14 AMEconomic Times
The Sensex and Nifty have moved in different directions, creating an unusual divergence between India’s two main equity benchmarks. The article examines the forces behind the split and whether it is likely to persist.
3:58 AMEconomic Times
SBI Securities’ Sudeep Shah expects the Nifty to remain rangebound between 24,300 and 24,800, while favouring a buy-on-dips approach. He sees constructive momentum in smallcaps and identifies technical levels for Trent, Swiggy and Kalyan Jewellers, with FII short covering offering potential support.
3:46 AMEconomic Times
Mukul Mahavir Agrawal’s portfolio grew 12% to about Rs 7,720 crore by June 2026, supported by sharp gains in several holdings. Apollo Pipes, Hind Rectifiers and KRN Heat Exchanger led the advance, while Arisinfra Solutions was added during the first quarter.
3:16 AMEconomic Times
Vedanta leads a list of five high-dividend-yield stocks with a 12.9% yield as of July 29, 2026, followed by Gujarat Pipavav Port at 6.9%. Castrol India, TCS and Infosys also feature, but the comparison notes that investors must assess dividend sustainability, valuations and business fundamentals.
3:10 AMEconomic Times
Molbio Diagnostics has raised Rs 281.5 crore from anchor investors ahead of its IPO, which is expected to raise Rs 904 crore to Rs 940 crore. The proceeds will fund infrastructure and manufacturing equipment, while existing shareholders will sell part of their holdings; the shares are scheduled to list on August 17.
2:48 AMEconomic Times
Fifteen BSE 500 stocks rose in each of the five sessions from August 3 to 7. Apar Industries gained 16% over the period, followed by Welspun Corp and Authum Investment.
2:28 AMEconomic Times
DSP Mutual Fund's Preethi R S favours financial companies with strong deposit franchises, disciplined underwriting and reliable execution. She sees continued retail and SME credit demand, an early recovery in corporate lending and opportunities across banks, NBFCs and other financial firms.
2:00 AMEconomic Times
India’s margin trading facility book has grown nearly five-fold to more than Rs 1.3 lakh crore, reflecting stronger retail participation and deeper cash-market activity. Regulatory safeguards, including margin rules, position limits and broker controls, keep the leverage collateralised and distributed.
1:49 AMEconomic Times
Dhoot Transmission has raised Rs 918 crore from 72 anchor investors ahead of its Rs 3,067-crore IPO. Domestic mutual funds received 61.27% of the anchor allocation, while the company plans to use the proceeds for debt repayment, expansion and acquisitions.
1:38 AMEconomic Times
LIC increased its holdings in several large companies during Q1FY27, with Bharti Airtel, Maruti Suzuki and ITC among its biggest purchases, according to Prime Database data. Reliance Industries was also included among the stocks attracting increased LIC investment.
1:21 AMEconomic Times
The article examines LIC’s ₹16 lakh crore equity portfolio, focusing on the stocks where the insurer increased its holdings and those where it reduced or exited positions. It presents the institution’s latest allocation shifts across listed companies.
12:18 AMEconomic TimesSummary
Delhivery's Q1 FY27 revenue rose 28% year on year to Rs 2,930.7 crore, but net profit fell 65% to Rs 31.9 crore. EBITDA declined 4% as labour, fuel and operating costs outpaced revenue growth.
Cost inflation has reversed Delhivery's operating leverage despite strong top-line expansion. The company must raise
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Delhivery's results show that logistics growth is not translating into profits while operating costs remain elevated.
Summary
India's strong consumer demand, government spending and broader economic resilience should support financial markets, according to Sebi. Geopolitical tensions and volatile commodity prices could still disrupt foreign capital flows and increase market instability.
Domestic growth remains the main buffer against a less supportive global backdrop. Foreign inflows may
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Indian assets retain a domestic-growth advantage, but global shocks could still drive sharp swings in liquidity and valuations.
Summary
Foreign demand for Indian government bonds is expected to remain subdued as high global yields and domestic interest rates reduce the appeal of local debt. Delayed inclusion in global bond indices and expectations of a prolonged pause by the Reserve Bank of India add to the headwinds.
Tax relief alone is unlikely to overcome the yield gap and the absence of a
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Weak foreign demand could slow the decline in Indian borrowing costs and keep government financing more dependent on domestic savings.
Summary
Apollo Micro Systems reported a record Q1 FY27 net profit of Rs 25.2 crore, up 43% year on year, while revenue surged 88% to Rs 251.3 crore. EBITDA increased 18% to Rs 48 crore, although margins moderated.
Defence demand and stronger execution have accelerated Apollo Micro Systems' growth, but the slower increase
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Apollo's results reinforce the earnings opportunity for defence suppliers, while exposing the execution and margin risks that accompany rapid expansion.
Summary
Apollo Micro Systems reported a record first-quarter performance, with net profit rising 43% year over year to Rs 25.2 crore and revenue increasing 88% to Rs 251.3 crore. EBITDA reached Rs 48 crore, although the company said margins moderated.
Revenue growth substantially outpaced profit growth, indicating that execution and demand are strong but operating
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Apollo is expanding rapidly, but maintaining margins will be crucial to converting defence-sector demand into durable shareholder returns.
Summary
AGS Health has filed updated draft documents for an India IPO valued at about Rs 48 billion. The offering includes a share sale by Blackstone worth roughly Rs 30 billion, while the healthcare revenue-cycle management company reported a profit of Rs 2.07 billion in the last fiscal year.
The revised filing moves Blackstone closer to monetising its investment in a profitable business serving
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The IPO could provide a high-profile exit route for private equity while testing public-market demand for specialised healthcare services.
Summary
BSE's derivatives contract volumes fell sharply in the first week after the Closing Auction Session, but premium per contract rose 74.8%. That increase lifted average daily premium turnover by 21.3% and raised BSE's market share to 37.1%.
The shift shows that contract counts no longer provide a reliable proxy for exchange revenue
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BSE's improving premium turnover suggests stronger economics than headline volume data alone would indicate.
Summary
The Sensex and Nifty have moved in different directions, creating an unusual divergence between India’s two main equity benchmarks. The article examines the forces behind the split and whether it is likely to persist.
The divergence means index performance is being shaped more by differences in constituent stocks and
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A widening gap between the indices can distort headline readings of market strength and complicate portfolio positioning.
Summary
SBI Securities’ Sudeep Shah expects the Nifty to remain rangebound between 24,300 and 24,800, while favouring a buy-on-dips approach. He sees constructive momentum in smallcaps and identifies technical levels for Trent, Swiggy and Kalyan Jewellers, with FII short covering offering potential support.
The immediate setup favours selective buying rather than aggressive index positioning, because the Nifty lacks
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Investors may find better opportunities in selective smallcaps, but a rangebound index raises the risk of false breakouts.
Summary
Mukul Mahavir Agrawal’s portfolio grew 12% to about Rs 7,720 crore by June 2026, supported by sharp gains in several holdings. Apollo Pipes, Hind Rectifiers and KRN Heat Exchanger led the advance, while Arisinfra Solutions was added during the first quarter.
The portfolio’s gains reflect strong exposure to high-growth and industrial themes, but the concentration in
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
The performance may attract fresh buying, but investors must distinguish repeatable business growth from momentum-driven portfolio gains.
Summary
Vedanta leads a list of five high-dividend-yield stocks with a 12.9% yield as of July 29, 2026, followed by Gujarat Pipavav Port at 6.9%. Castrol India, TCS and Infosys also feature, but the comparison notes that investors must assess dividend sustainability, valuations and business fundamentals.
The yield gap reflects both payout levels and share prices, so Vedanta’s high figure should
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A high yield can indicate attractive income, but it can also signal elevated business or balance-sheet risk.
Summary
Molbio Diagnostics has raised Rs 281.5 crore from anchor investors ahead of its IPO, which is expected to raise Rs 904 crore to Rs 940 crore. The proceeds will fund infrastructure and manufacturing equipment, while existing shareholders will sell part of their holdings; the shares are scheduled to list on August 17.
The anchor allocation provides an early vote of confidence, but the IPO will still combine
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The issue gives public-market investors access to a diagnostics manufacturer, but its valuation must reflect both expansion potential and shareholder dilution risk.
Summary
Fifteen BSE 500 stocks rose in each of the five sessions from August 3 to 7. Apar Industries gained 16% over the period, followed by Welspun Corp and Authum Investment.
The streak signals concentrated short-term momentum, not necessarily a durable change in fundamentals. Investors should
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Consecutive gains can identify market leadership, but they also increase the risk of chasing crowded trades.
Summary
DSP Mutual Fund's Preethi R S favours financial companies with strong deposit franchises, disciplined underwriting and reliable execution. She sees continued retail and SME credit demand, an early recovery in corporate lending and opportunities across banks, NBFCs and other financial firms.
The preference is for balance-sheet quality and execution rather than a broad bet on every
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Financial-sector gains are likely to be uneven, rewarding institutions that can grow credit without sacrificing funding discipline or asset quality.
Summary
India’s margin trading facility book has grown nearly five-fold to more than Rs 1.3 lakh crore, reflecting stronger retail participation and deeper cash-market activity. Regulatory safeguards, including margin rules, position limits and broker controls, keep the leverage collateralised and distributed.
The key shift is scale without a corresponding increase in concentrated systemic risk. India’s framework
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A larger MTF market can support liquidity while quietly increasing the market’s sensitivity to retail deleveraging.
Summary
Dhoot Transmission has raised Rs 918 crore from 72 anchor investors ahead of its Rs 3,067-crore IPO. Domestic mutual funds received 61.27% of the anchor allocation, while the company plans to use the proceeds for debt repayment, expansion and acquisitions.
Strong anchor participation gives the IPO an initial institutional vote of confidence, led by domestic
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
The anchor mix may support the issue, but investors will judge the deal on whether fresh capital improves balance-sheet strength and growth.
Summary
LIC increased its holdings in several large companies during Q1FY27, with Bharti Airtel, Maruti Suzuki and ITC among its biggest purchases, according to Prime Database data. Reliance Industries was also included among the stocks attracting increased LIC investment.
LIC’s buying points to selective support for established companies across telecom, automobiles, consumer businesses and
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LIC’s large and persistent flows can cushion heavyweight stocks and affect how the market interprets institutional conviction.
Summary
The article examines LIC’s ₹16 lakh crore equity portfolio, focusing on the stocks where the insurer increased its holdings and those where it reduced or exited positions. It presents the institution’s latest allocation shifts across listed companies.
The important signal is not LIC’s portfolio size alone but how it is reallocating capital
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LIC’s portfolio changes offer a read on institutional positioning in India’s largest and most liquid stocks.
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