Sensex rose 47 points to 77,616.40 and Nifty50 ended at 24,211, led by gains in IT stocks such as TCS, HCLTech, and Tech Mahindra.
Mid-cap and small-cap indices showed modest gains, while FMCG and metals declined, reflecting selective sector rotation.
Company-specific moves in Happiest Minds, Blue Cloud Softech, and ICICI Prudential AMC, along with a crude oil surge of over 4% due to US-Iran tensions, influenced market sentiment.
The Sensex settled 47.01 points or 0.06% higher at 77,616.40, while the Nifty50 rose 4.10 points or 0.02% to 24,211 .
Nifty MidCap up 0.01%
Nifty SmallCap up 0.03%
Impact on the stock market
The recovery in IT shares cushioned broader index losses caused by global uncertainties and domestic factors. While IT led the gains, defensive sectors such as FMCG and metals declined, highlighting rotation in investor preference toward growth and tech-focused segments.
Sector-wise performance reflected a mix of strength and weakness:
- Top-performing sector: Nifty IT
- Lagging sectors: Nifty FMCG and Nifty Metal
| Sector/Index | Performance |
| IT & BPM sector | 3.59% |
| Healthcare sector | -0.26% |
| Oil & Gas sector | -0.01% |
| Real estate sector | -0.15% |
| PSU Bank in India | 0.11% |
Top gainers today
| Company | Share Price (in ₹) | Change % |
| TCS | 2,181.50 | 5.44 |
| HCL Tech | 1,221.20 | 4.91 |
| Tech Mahindra | 1,504.50 | 3.42 |
| Infosys | 1,102.60 | 3.24 |
| Bajaj Auto | 10,381.00 | 2.22 |
Top losers today
| Company | Share Price (in ₹) | Change % |
| Grasim | 3,144.30 | -2.16 |
| Tata Steel | 187.11 | -2.13 |
| Nestle | 1,427.00 | -1.94 |
| Interglobe Aviation | 5,229.50 | -1.55 |
| Eternal | 285.20 | -1.54 |
Market aftermath: Impact on stocks
Happiest Minds rises on ITC Infotech deal rumours
Happiest Minds Technologies shares climbed up to 9%, settling at Rs 407.45, after reports indicated ITC Infotech emerged as the frontrunner to acquire a majority stake .
- Founder and Executive Chairman Ashok Soota holds over 32% directly and an additional 40% through other promoter holdings.
- The stake is valued at approximately Rs 2,600 crore at the current market price.
- The proposed acquisition provides growth visibility while final terms such as stake size and transaction structure are being negotiated.
Blue Cloud Softech hits upper circuit on SpaceX AI deal
Blue Cloud Softech Solutions shares rose 5%, touching the upper circuit at Rs 21.68, after its US subsidiary signed a five-year Master Services Agreement with SpaceX International for AI services .
- Services include AI infrastructure, cloud-native AI platforms, enterprise AI solutions, and AI consulting.
- The deal will also cover AI integration, operations, and digital transformation services under mutually agreed Statements of Work.
- This strategic partnership expands Blue Cloud’s footprint in global AI service delivery and strengthens its US market presence.
ICICI Prudential AMC posts 23% PAT growth
ICICI Prudential Asset Management Company shares settled 1.6% higher at Rs 3,210 after reporting a 23% increase in profit after tax to Rs 965 crore for the June quarter .
- Revenue from operations rose 17.5% to Rs 1,564 crore, while total income grew 18% to Rs 1,745 crore.
- The company declared a final dividend of Rs 12.4 per equity share for FY26.
- The performance underscores the resilience of mutual fund inflows and strong financial management in the asset management segment.
Crude oil and macro impact
Crude prices surged sharply after renewed US-Iran tensions:
- Brent crude: $79.16 (+4.14%)
- WTI crude: $74.43 (+4.23%)
- MCX July crude: ₹7,131 (+4.65%)
- MCX August crude: ₹7,152 (+4.59%)
The spike followed attacks between US and Iran targets and the closure of the Strait of Hormuz, which is a critical maritime corridor for global oil trade. The supply disruption raised concerns about inflation and market stability.
Other commodity movements included:
- July mentha oil: ₹1,271.80 (-4.22%)
- August turmeric (farmer polished): ₹19,548 (+2.95%)
- August dhaniya futures: ₹15,364 (-1.64%)
Analysts noted that any escalation in West Asia could continue to influence crude and energy-sensitive sectors in India, impacting investor sentiment in both equities and commodities.
Conclusion
Monday’s session was a mixed bag for Indian markets:
- Benchmarks: Sensex +0.06%, Nifty50 +0.02%
- Sector leaders: Nifty IT, Tech Mahindra, HCLTech, TCS
- Lagging sectors: Nifty FMCG, Nifty Metal
- Stock highlights: Happiest Minds, Blue Cloud Softech, ICICI Prudential AMC
- Macro factors: Brent crude surged over 4%, West Asia tensions escalated
Investors should monitor geopolitical developments, oil prices, and sector rotations, as risk sentiment remains sensitive. Selective buying in IT and growth-oriented stocks may provide stability amid broader market volatility, while defensive sectors could face near-term pressure.
