Sensex fell 104.35 points or 0.13% to 78,180.72, and the Nifty50 ended 31.65 points or 0.32% lower at 24,398.70.
Nifty MidCap down 0.3%
Nifty SmallCap down 0.55%
Impact On The Stock Market
Sectoral performance showed a mix of outperformance and weakness:
Outperformers: Nifty IT, Nifty Consumer Durables
Lagging sectors: Nifty Metal, Nifty Realty
| Sector/Index | Performance |
| IT & BPM sector | 2.43% |
| Healthcare sector | -0.83% |
| Oil & Gas sector | -0.11% |
| Real estate sector | -1.58% |
| PSU Bank in India | -0.43% |
Top gainers today
| Company | Share Price (in ₹) | Change % |
| Info Edge | 1,159.45 | 13.10 |
| Physicswallah | 148.78 | 10.13 |
| RITES | 235.43 | 8.92 |
| Swiggy | 266.27 | 7.21 |
| Natco Pharma | 984.15 | 5.60 |
Top losers today
| Company | Share Price (in ₹) | Change % |
| Trent | 2,927.80 | -12.44 |
| Kalyan Jeweller | 354.75 | -6.95 |
| Emmvee Photovol | 327.90 | -6.54 |
| Himadri Special | 643.55 | -5.93 |
| Saregama India | 460.15 | -5.72 |
Market aftermath: Impact on stocks
Aequs surges 5% on Nuvama coverage
Aequs shares rose more than 5%, settling at Rs 244.11 after Nuvama Institutional Equities initiated coverage with a ‘Buy’ rating and a 12-month target of Rs 444 per share .
- The company is a vertically integrated aerospace SEZ, supplying machined aerostructures, landing gear, and engine parts to OEMs like Airbus and Boeing.
- The order book of Rs 7,600 crore supports a projected 42% sales CAGR and 84% EBITDA CAGR between FY26–FY29.
- The stock emerged as the top gainer in the Nifty India Defence index, highlighting long-term growth visibility.
Netweb and other AI-related stocks fall amid global tech sell-off
Shares of Netweb Technologies, Aeroflex, E2E Networks, and Black Box fell up to 10% as global AI-driven tech stocks declined .
- Netweb Technologies closed 3.7% lower at Rs 4,248.
- Investor concern revolves around overshooting of valuations amid high expansion in AI and semiconductor capacity globally.
- This reflects how global tech trends can impact domestic AI-linked stocks, creating short-term volatility.
Trent shares plunge 13% after weak Q1 updates
Trent Ltd shares fell 13%, marking the largest single-day decline in a year, after its June-quarter business update missed market expectations .
- Revenue grew 19% YoY to Rs 5,666 crore, below the expected 22–23%.
- Rapid store expansion, with Zudio reaching 982 outlets and Westside 301, caused localized cannibalisation.
- Analysts suggest existing investors consider holding or accumulating on dips, while new investors use staggered buying strategies.
Crude oil and commodity trends
Crude oil futures rose amid reports of attacks on ships in the Strait of Hormuz, with increased geopolitical risk supporting prices :
- September Brent: $72.51 (+0.72%)
- August WTI: $69.01 (+0.67%)
- MCX July crude: ₹6,596 (+0.69%)
- MCX August crude: ₹6,622 (+0.61%)
Other commodities:
- July menthaoil: ₹1,214 (+3.30%)
- July Mumbai rainfall contracts: ₹2,702 (+2.66%)
- July guargum: ₹11,364 (+0.71%)
OPEC+ is prioritising supply over maintaining a price floor until tanker flows through Hormuz normalise. Analysts expect Brent crude to stay below $85, which is favourable for India’s inflation and import costs. The rupee is expected to trade at 92–93 against the US dollar by September, supported by RBI measures and potential foreign inflows.
Conclusion
Tuesday’s session was marked by mixed market dynamics:
- Benchmarks: Nifty50 down 0.32%, Sensex down 0.13%
- Sectoral leaders: Nifty IT, Consumer Durables
- Underperformers: Nifty Metal, Nifty Realty
- Stock catalysts: Aequs, Dixon Technologies, Trent, Bajaj Auto, TVS Motor, Apollo Tyres
- Macro factors: Crude oil uptick, Hormuz incidents, rupee appreciation
Investors are advised to focus on sector rotation, stock-specific developments, and macro factors, balancing defensive consumer bets with cyclical and high-potential growth opportunities in a volatile market environment .
