The BSE Sensex dropped by 247.01 points or 0.3%, settling at 82,253.46. Meanwhile, the Nifty50 closed 67.55 points or 0.27% lower at 25,082.3.
Global factors, such as President Donald Trump’s announcement of a 30% tariff on imports from the European Union and Mexico, effective from August 1, 2025, contributed to the nervousness. Additionally, uncertainty surrounding the corporate earnings season also impacted investor sentiment, leaving traders on edge.
However, there was some positivity in the broader markets, with the Nifty Midcap 100 and Smallcap indices rising by 0.71% and 1.04%, respectively, indicating a divergence in sectoral performance.
You may also like: Anthem Biosciences IPO: All You Need to Know About
Impact on the stock market
Sectoral indices performance
The market movements today were largely shaped by sector-specific performances. The top laggard was the Nifty IT index, which fell by 1.1%, dragged down by large-cap tech stocks such as Tech Mahindra, Infosys, HCL Tech, and TCS. These companies are under pressure as the global economic slowdown impacts their future growth prospects.
On the other hand, the Nifty Realty index rose by around 1.4%, bucking the trend and showing a positive outlook for the real estate sector. Other sectors such as Nifty Healthcare, Media, Pharma, and Consumer Durables also saw a positive move, reflecting optimism in defensive sectors.
| Sector/Index | Performance |
| IT & BPM sector | -1.11% |
| Healthcare sector | 1.00% |
| Oil & Gas sector | -0.03% |
| Real estate sector | 1.39% |
| PSU Bank in India | 0.73% |
Top gainers today
| Company | Price (in ₹) | Change % |
| Eternal Share Price | 270.60 | 2.75 |
| Titan Company Share Price | 3,404.70 | 1.28 |
| IndusInd Bank Share Price | 867.60 | 1.02 |
| ONGC Share Price | 244.22 | 1.02 |
| Adani Enterpris Share Price | 2,581.30 | 0.88 |
Top losers today
| Company | Price (in ₹) | Change % |
| Jio Financial Share Price | 319.10 | -2.06 |
| Tech Mahindra Share Price | 1,576.70 | -1.61 |
| Wipro Share Price | 254.25 | -1.57 |
| Bajaj Finance Share Price | 918.85 | -1.57 |
| Infosys Share Price | 1,570.30 | -1.54 |
Market aftermath: Impact on stocks
Ola Electric: A Bright Spot in the Market
Shares of Ola Electric soared by 17% today, driven by strong FY26 guidance and a narrower-than-expected sequential loss for Q1FY26. The company reported a 35.5% increase in its revenue, bringing in ₹828 crore in Q1FY26, compared to ₹611 crore in Q4FY25. The firm’s shift towards more cost-efficient scooter models helped improve sales and margins, causing a positive reaction in the market. Ola’s net loss of ₹428 crore in Q1FY26 was a significant improvement from the ₹870 crore loss in Q4FY25, though it did widen on a YoY basis from ₹347 crore in Q1FY25.
Also read: Ola Electric Share Price Crashes 72%: Reasons Behind the Fall and What It Means for Investors
Silver Shines: Hindustan Zinc
Silver has been making headlines lately, rallying to new all-time highs. On July 14, silver prices surged to ₹1.15 lakh per kilogram. This rise in silver’s value also boosted the stock price of Hindustan Zinc, which saw a nearly 2% increase in early trading today. Hindustan Zinc, being the largest producer of silver in India, benefited from silver’s rally. Investors flocked to the stock, pushing it up to ₹434 per share.
This strong performance in silver is notable as the metal has been outperforming gold recently. As Harshal Dasani from INVasset PMS put it, “Silver isn’t following gold anymore—it’s leading. And this time, its shine comes from utility, not just tradition.”
You may also read: Bajaj Finance stock analysis and expert insights in detail
Sula Vineyards: Struggling to Meet Expectations
Sula Vineyards, a key player in India’s wine industry, faced challenges as its revenue for Q1FY26 fell by 7.9% YoY to ₹118.3 crore. The company reported that its revenue from its own brands dropped by nearly 11% due to a slowdown in urban consumption. On top of that, new excise duties on spirits in Maharashtra caused a pre-loading effect, impacting trade placements. While the wine tourism sector surged by 22%, it wasn’t enough to offset the challenges faced by the company.
Shares of Sula Vineyards dipped 2% after the news broke, trading at ₹293 per share. While the company still sees potential in wine tourism, its immediate financial performance didn’t meet market expectations.
Also read: IRFC stock analysis and expert insights in detail
Crude Oil: Market Activity Amid Global Tensions
Crude oil prices saw some movement today due to global market concerns. Brent oil futures were up 0.21%, reaching $70.51 per barrel, while West Texas Intermediate (WTI) crude futures gained 0.22%, closing at $68.60. On the domestic front, crude oil futures on the Multi Commodity Exchange (MCX) saw a slight uptick of 0.31%, reaching ₹5,899 for the July contract.
The global oil market is on edge due to geopolitical tensions, particularly following the recent statements by US President Donald Trump. He indicated that a “major announcement” regarding Russia was expected, leading to concerns that additional sanctions could be imposed on Russian oil exports. This uncertainty has led to higher oil prices as markets anticipate potential disruptions in supply.
Conclusion:
Today’s performance in the Indian stock market highlights the volatility of global factors, particularly the threat of trade tariffs and ongoing concerns in the earnings season. While the Sensex and Nifty ended lower, the performance of certain sectors like real estate and healthcare stood out as positive highlights.
Stocks like Ola Electric and Hindustan Zinc benefited from strong performance and sectoral tailwinds, while others like Sula Vineyards struggled due to a slowdown in urban consumption. The global crude oil market remains uncertain, with rising tensions around Russia adding further complexity.
In conclusion, investors will need to keep an eye on global cues and sectoral movements in the coming days. With ongoing earnings season and geopolitical tensions, the stock market is likely to remain volatile. It’s a time to stay informed and be prepared to adapt to the ever-changing landscape of the market.
For more stock market insights, check out the StockGro blog.
