Stock Market Highlights – July 4: Top Gainers & Losers

Markets saw mild gains on July 4 with Sensex closing up 193 pts at 83,433 and Nifty up 56 pts at 25,461. Oil & realty stocks were strong, metals remained weak. Here's a quick look at the top stock movers: Top Gainers: Paras Defence: Hit 10% upper circuit after stock split and strong boost from DAC’s Rs 1.05 lakh crore defence order approval. PC Jeweller: Jumped 20% after posting 80% YoY revenue growth and announcing plans to become debt-free. Sapphire Foods: Spiked 9% on news of potential merger with Devyani International, both KFC & Pizza Hut franchisees. Marico: Gained 2% after positive Q1 update citing rural demand recovery, stable urban sentiment, and easing inflation. CreditAccess Grameen: Up 4% after strong Q1 performance, highest-ever disbursements, and 2 lakh new borrowers added. IGL & MGL: Both rose up to 3% after pipeline tariff reforms were approved by the regulator. Top Losers:🔻 Trent (Zudio & Westside): Fell 11% despite 20% YoY revenue growth. Store consolidation led to weak sentiment. Nuvama Wealth: Tumbled 11.2% after SEBI barred US firm Jane Street (its key partner) from Indian markets. Angel One: Dropped 6% due to a 41.5% YoY fall in June client additions, though MoM numbers were up. HDB Financial: Down 2% after a strong debut rally. Investors booked profits, halting its 2-day uptrend. Overall, the market showed resilience amid news-driven volatility. Keep an eye on sector-specific triggers and company updates for short-term opportunities.