6 hours ago
1
Amid the broader market recovery, several stocks stood out due to corporate announcements, earnings updates, and sector-specific momentum. Here’s a look at the 10 stocks that ruled Dalal Street today:
1. HCL Technologies: Drag on the Index
IT heavyweight HCL Technologies fell over 4 per cent to Rs 1,550, emerging as the day’s biggest Nifty laggard. The sell-off came after the company reported a 9.7 per cent drop in consolidated net profit for the June quarter. Elevated expenses and a one-time impact from a client bankruptcy weighed on performance, even as the company raised the lower end of its FY26 revenue guidance.
2. Hero MotoCorp: Two-Wheeler Titan Rallies
Hero MotoCorp surged 4 per cent to Rs 4,414, topping the Nifty 50 gainers list. The rally was driven by the company’s ambitious global expansion strategy and strong FY25 financials disclosed in its annual report, which lifted sentiment around the auto stock.
3. Piramal Enterprises: Breaks New Ground
Piramal Enterprises hit a fresh 52-week high of Rs 1,335.20 during the session and closed 2.5 per cent higher, continuing its recent rally. The uptrend is being supported by bullish institutional flows and an improving outlook in the financial services space.
4. Paytm (One97 Communications): Momentum Intact
Paytm extended its winning streak with a 2 per cent gain, closing at Rs 999. The fintech player has now risen 6.6 per cent so far in July, marking five straight months of gains, fuelled by improved sentiment and stability after a rough start to the year.
5. Bank of Maharashtra: PSU Bank in Demand
Bank of Maharashtra saw renewed investor interest, rising 2.2 per cent to Rs 57.64 after touching an intraday high. The rally comes amid a broader uptick in PSU banks, supported by expectations of strong Q1 earnings and robust credit growth.
6. Ola Electric: Rally Pauses
Ola Electric Mobility saw profit-taking after its recent run-up, declining 3.08 per cent to Rs 45.63. The dip follows an 18 per cent jump in the previous session, with investors locking in gains after a strong rally.
7. Sun Pharma: Pharma Favourite
Sun Pharmaceutical Industries rose 2.72 per cent to Rs 1,728.30, buoyed by strong trading volumes. The stock stood out among pharma peers and was one of the top Nifty gainers, as defensives attracted interest amid market volatility.
8. Tata Motors: Digital Push Fuels Optimism
Tata Motors added 1.26 per cent to Rs 683, supported by reports of strong growth in the online business segment of group company Westside. Investor sentiment remains positive on the auto major, which has been benefiting from resilient demand and cost control.
9. HDFC AMC: Riding the Earnings Wave
HDFC Asset Management Company gained 3 per cent, driven by optimism around upcoming quarterly earnings. Continued inflows into equity funds and improved investor participation have supported the stock’s upward momentum.
10. Nippon Life India AMC: Asset Managers in Focus
Nippon Life India Asset Management mirrored the gains of its peer, climbing 3 per cent in intraday trade. Expectations of strong results and a positive sectoral outlook helped boost investor interest.
Market Wrap
The recovery in Indian equities was broad-based, with gains seen across sectors such as auto, pharma, and financials. While IT stocks remained mixed, overall sentiment was aided by retail inflation easing to a 12-month low, and global markets trending higher. Analysts say continued FII buying and solid domestic macro data could provide further support to markets in the near term.
English (US) ·