Sensex today | Stock Market Highlights: Sensex, Nifty decline for fifth straight session; Auto, metal stocks drag
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Indian benchmark indices closed lower for the fifth consecutive session, with the BSE Sensex down 331 points and the Nifty 50 falling 102 points amid geopolitical tensions and trade tariff concerns. Despite some gains in IT and media sectors, overall market sentiment remains weak, influenced by a risk-off mood and foreign fund outflows. Notable corporate updates include Organon's approval of Sun Pharma's acquisition and strong earnings from CG Power and Greenply Industries.
Sensex Today, Nifty 50 | Stock Market Highlights- Find here all the key highlights related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for July 24, 2026.
Indian benchmark equity indices ended lower on Friday, extending their losing streak to a fifth consecutive session as persistent geopolitical tensions in West Asia and renewed concerns over US trade tariffs weighed on investor sentiment. The BSE Sensex fell 331 points, or 0.43 per cent, to close at 76,059.17, while the Nifty 50 declined 102 points, or 0.43 per cent, to settle at 23,767.70.
Of the 4,385 stocks traded on the BSE, 2,144 advanced, 2,032 declined, while 209 remained unchanged. A total of 93 stocks hit their 52-week highs, whereas 99 touched their 52-week lows. 155 stocks were locked in the upper circuit, while 166 hit the lower circuit.
Weakness across Asian markets reinforced the risk-off mood, though gains in IT and media stocks helped limit losses. Auto, metal and realty shares led the declines, while Brent crude prices eased nearly 4 per cent.
The rupee recovered 18 paise to close at 96.55 against the US dollar, supported by likely RBI intervention, even as foreign fund outflows and global uncertainty kept pressure on domestic markets.
Organon shareholders approve Sun Pharma's $11.75 billion acquisition, paving the way for it to become a wholly owned subsidiary.
Welspun Corp invests 26% in GGBS venture and achieves 199% profit growth, reporting ₹1,046 crore in Q1 FY27.
) CG Power and Industrial Solutions on Friday posted 15.5 per cent rise in consolidated net profit at Rs 308.28 crore for June quarter FY27 on the back of higher revenues.
In the year-ago period, net profit stood at Rs 266.87 crore, as per an exchange filing. Total income rose to Rs 3,364.39 crore from Rs 2,906.30 crore. - PTI
Sensex shed 331.62 pts or 0.43% to end at 76,059.77; Nifty 50 fell 102.15 pts or 0.43% to 23,767.45.
Rising oil prices may impact Indian equities and the rupee, while boosting renewables and electric vehicle sectors, experts say.
Greenply Industries Limited has announced its financial results for the first quarter ended June 30, 2026, reporting a 20.7% year-on-year growth in consolidated revenue to Rs 724.9 crore and a 27.1% increase in Core EBITDA to Rs 78.3 crore, with a Core EBITDA margin of 10.8%.
Consolidated revenue stood at Rs 724.9 crore, up 20.7% YoY.
Core EBITDA increased 27.1% YoY to Rs 78.3 crore, with a Core EBITDA margin of 10.8%.
Plywood business volume increased by 13.8% YoY.
MDF business volume grew by 24.7% YoY, with revenue rising 32.8% YoY.
The company remains on track to achieve its FY27 guidance, supported by strong momentum across its core businesses.
Aero Care Personal Porducts\u0009LLP’s (Subsidiary of Hindustan Foods Limited) manufacturing facilities situated at Village Naroli, Silvassa, Dadra and Nagar Haveli and Daman and Diu, have been disrupted due to flooding of the factory premises caused by incessant rainfall and severe waterlogging in the region.
Middle East crisis doesn’t appear to go away with US hitting Iran and Iran retaliating and extending the same to more and more neighbouring countries. The region is home to ~30% of global oil production while Strait of Hormuz accounts for 14-15mnbopd of global oil demand and 5-6mnbopd of refined products. The region is also home to large storage terminals, gas producing/exporting sites as well as oil refineries. Although it is difficult to comment on how long and how worse the war situation may be, as long as crude oil supply is impacted, oil prices are expected to remain high. It has already jumped from USD70/bbl in past few days to USD100/bbl. Rising oil prices would worsen the already loss making Oil Marketing Companies and they are expected to remain under pressure if oil prices remain strong. On the other hand, although financials of upstream companies are likely to be better, in absence of any structural volume growth story, these are unlikely t...
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Published on Hindu BusinessLine