The Sensex declined 210.08 points or 0.27% to 78,428.95, while the Nifty50 fell 159.40 points or 0.64% to 24,614.90.
In the broader market, the Nifty MidCap index declined 0.29%, while the Nifty SmallCap index gained 0.23%, showing selective buying in smaller companies.
Impact on the stock market
Sector-wise performance remained mixed as investors rotated between sectors based on near-term opportunities and risks.
Nifty Realty declined over 2%, emerging as the worst-performing sector during the session. Rising global uncertainty and cautious investor sentiment impacted rate-sensitive sectors like real estate.
Nifty FMCG, Nifty Private Bank, and Nifty Bank also underperformed, adding pressure to benchmark indices.
| Sector/Index | Performance |
| IT & BPM sector | -0.82% |
| Healthcare sector | -0.22% |
| Oil & Gas sector | -1.15% |
| Real estate sector | -2.39% |
| PSU Bank in India | -0.08% |
Top gainers today
| Company | Share Price (in ₹) | Change % |
| Apollo Hospital | 9,050.00 | 2.61 |
| Hindalco | 1,020.00 | 2.52 |
| Trent | 3,107.70 | 1.89 |
| Jio Financial | 265.00 | 0.76 |
| ITC | 289.00 | 0.70 |
Top losers today
| Company | Share Price (in ₹) | Change % |
| Grasim | 3,138.00 | -3.74 |
| HDFC Life | 535.95 | -3.10 |
| Bajaj Auto | 11,600.00 | -2.16 |
| Reliance | 1,290.90 | -2.13 |
| Max Healthcare | 1,077.00 | -2.13 |
Market aftermath: Impact on stocks
MTAR Technologies hits upper circuit after strong Q1 results
MTAR Technologies shares hit the 5% upper circuit for the fourth consecutive session, driven by strong June quarter performance and optimism around its key international customers. The stock has gained nearly 22% since July 30 and has surged over 335% in the last one year.
The company reported a strong Q1 FY27 performance:
- Revenue from operations increased 130.4% year-on-year to Rs 360.7 crore.
- EBITDA jumped 199.7% to Rs 85.1 crore.
- Consolidated profit after tax surged 364.5% to Rs 50.2 crore.
Investor confidence was further supported by MTAR’s record order inflow of Rs 2,895.1 crore during Q1 FY27, expanding its total order book to Rs 5,143.3 crore. The company is also strengthening its presence across nuclear energy, defence, aerospace, and green energy segments.
Persistent Systems remains in focus after steady Q1 performance
Persistent Systems continued to attract investor attention after reporting steady quarterly performance, supported by healthy deal wins and AI-led execution. However, investors remain watchful about acquisition integration and elevated valuations.
The company’s growth strategy remains centred around expanding AI capabilities and strengthening digital transformation services. While technology demand remains strong, investors are closely monitoring whether future growth justifies current valuations.
GAIL gains after strong Q1 performance and brokerage support
GAIL India received a positive outlook after Nomura retained its ‘Buy’ rating with a target price of Rs 195, following strong June quarter results.
Key highlights from the quarter:
- Adjusted EBITDA stood at Rs 63.8 billion, up 250% quarter-on-quarter.
- Gas transmission volumes increased to 122.4 million standard cubic metres per day, up 7% above Nomura’s estimates.
- Gas marketing segment EBIT jumped to Rs 34.8 billion from Rs 5.2 billion in the previous quarter.
The company benefited from higher gas trading gains amid elevated crude prices. However, analysts expect some moderation in earnings contribution over the coming quarters.
Crude oil and commodity trends
Crude oil prices moved higher as uncertainty continued around possible US-Iran talks.
Key crude oil movements:
- October Brent crude: $84.87 (+1.31%)
- September WTI crude: $81.11 (+0.96%)
- MCX August crude: ₹7,733 (+1.15%)
- MCX September crude: ₹7,545 (+1.13%)
Markets remained cautious after mixed signals emerged around diplomatic discussions between the US and Iran. Analysts highlighted that repeated uncertainty around negotiations could keep energy markets volatile.
Other commodity movements:
- August copper futures: ₹1,357.40 (+0.75%)
- August turmeric futures: ₹22,470 (+0.35%)
- August guargum futures: ₹11,695 (-0.60%)
Conclusion
Tuesday’s session reflected a cautious market environment as investors awaited the RBI policy decision and tracked global developments.
Key takeaways:
- Benchmarks: Sensex fell 210 points, Nifty50 declined 159 points
- Sector performance: Realty, FMCG, and banking stocks faced pressure, while small-cap stocks showed resilience
- Stock-specific moves: MTAR Technologies surged on strong results, Persistent Systems remained in focus, and GAIL gained after robust Q1 performance
- Macro factors: Crude oil prices remained elevated amid uncertainty over US-Iran negotiations
