The Indian stock market today, July 29, 2025, experienced a notable reversal, successfully snapping a three-day losing streak. After opening on a cautious note, benchmark indices, the Sensex and Nifty, managed to climb higher through the session. This upward movement was primarily driven by value buying in key blue-chip stocks, indicating a shift in investor sentiment during the trading day. This positive close occurred despite persistent concerns surrounding foreign institutional investor (FII) outflows and the ongoing stalemate in a potential trade deal between India and the United States.
This daily wrap-up provides an overview of the Indian stock market today, detailing key movements, top stock market news, FII DII activity, and the stock market outlook for the coming week.
Table of Contents
- Nifty and Sensex Today – Key Market Indices Performance
- Sector-wise Performance
- Top Stock Market News of the Day – What Moved the Markets
- FII and DII Activity Today – Where Big Money Moved
- IPOs, Listings and Market Buzz – Latest Stock Market Trends
- Top Gainers and Losers – Best and Worst Performing Stocks
- Economic and Global Factors – What Else Affected Markets
- What to Watch in the Coming Day/Days – Key Events and Predictions
- Final Takeaway – Summary of Stock Market Day
The Indian benchmark indices showed a strong rebound on Tuesday, July 29, 2025, breaking a three-day losing streak and closing significantly higher. Investor sentiment improved, leading to broad-based buying across various sectors.
The 30-share BSE Sensex climbed by 446.93 points, or 0.55%, to close at 81,337.95. The index had opened lower but gained momentum throughout the day, touching an intraday high of 81,429.88.
The NSE Nifty 50 also ended in positive territory, advancing by 140.20 points, or 0.57%, to settle at 24,821.10. The market breadth was largely positive, with a higher number of advancing stocks compared to declining ones, indicating a shift in investor confidence.
The rebound was supported by buying in auto, power, and FMCG stocks, along with strong performance from select large-cap companies like Reliance Industries and HDFC Bank. While concerns over the ongoing India-US trade negotiations and some subdued corporate earnings lingered, overall sentiment remained positive.
The market on July 29, 2025, showcased a diverse sectoral performance, with several segments demonstrating strength and contributing to the market's recovery, while a few continued to face headwinds.
Outperforming Sectors:
- Nifty Realty: This sector demonstrated a significant recovery, closing up by 1.60% at 926.50 points, bouncing back strongly from the previous day's sharp decline.
- Nifty Metal: This sector continued its strong performance, closing up by 1.00% at 9,409.70 points, indicating robust buying interest.
- Nifty Pharma: The Nifty Pharma index posted a notable gain of 1.37% to 23,072.45 points, maintaining its positive momentum.
- Nifty Auto: The Nifty Auto index closed higher by 0.82% at 23,888.35 points, with strong buying interest in auto stocks.
- Nifty Bank: The Nifty Bank index also closed higher by 0.24% at 56,222.00 points, contributing to the overall market recovery.
- Nifty Private Bank: This sector closed with a marginal gain of 0.02% at 27,153.40 points, showing resilience despite some individual stock weakness.
- Nifty Oil & Gas: While a precise percentage was not available in the direct search results for July 29, general market commentary indicated this sector also ended in positive territory.
- Nifty FMCG: The Nifty FMCG index showed relative resilience, closing with a marginal decline of -0.12% at 54,668.45 points, still managing to hold ground amidst broader movements.
Underperforming/Lagging Sectors:
- Nifty IT: The Nifty IT index, despite the positive absolute change of +3.20 points to 35,373.25, was generally described as continuing to underperform or facing pressure. This suggests that while the index might have seen a minor uptick at close, the underlying sentiment for the sector remained cautious due to factors like global macro concerns and the recent news of workforce reductions at major IT firms.
- Nifty Media: The Nifty Media index dropped 0.29% to 1,619.85 points, indicating continued selling pressure.
Broader Market Performance:
The positive sentiment extended to the broader market as well:
- The BSE Midcap index traded 0.84% higher, closing at 46,025.73 points.
- The BSE Smallcap index traded 1.10% higher, closing at 53,790.12 points.
Several key domestic and global events significantly influenced market movements on July 29, 2025.
Domestic News and Impact:
The first-quarter (Q1) earnings season continued to be a primary catalyst for stock-specific and sectoral movements.
- Companies Announcing Results (or related news) on or around July 29, 2025:
- National Stock Exchange (NSE): Reported a strong financial performance in Q1 FY26, with net profit rising 10% quarter-on-quarter to ₹2,924 crore and total income climbing 9% to ₹4,798 crore. This performance reflects higher trading activity and improved operating margins.
- Adani Green Energy: Its share price jumped over 1.25% (to ₹1016.4) following its strong Q1 FY26 results announced on July 28, with profit increasing by 31% year-on-year.
- Larsen & Toubro (L&T): L&T shares gained 1.92% (to ₹3488), anticipating strong Q1 results which were due around this period, and its subsidiary L&T Technology Services (LTTS) had already announced a $60 million software deal on July 28.
- Reliance Industries (RIL): RIL shares gained 2.09% (to ₹1416.6), with positive sentiment possibly stemming from broader market strength and anticipation of its own performance. Its financial services arm, Jio Financial Services, also saw a significant gain of 4.77% (to ₹322).
- Eicher Motors: Its stock price gained 1.74% (to ₹5479.5), reflecting positive sentiment in the auto sector.
- Kotak Mahindra Bank: Shares of the bank saw a marginal gain of 0.18% (to ₹1970.2) after a significant plunge on July 28, suggesting some stabilisation after its Q1 FY26 results.
- IDFC First Bank: The stock experienced a decline of 0.57% (to ₹70.32), despite initial assessments of improving deposit momentum post its Q1 FY26 results on July 28.
- Lodha Developers: The stock continued its positive momentum, gaining 3.72% (to ₹1248) today, after reporting strong Q1 FY26 results on July 28.
The Q1 earnings season continued to introduce substantial stock-specific and sectoral volatility. Positive results from key companies, along with a "buy the dip" mentality, contributed to the market's rebound, despite ongoing FII outflows and global uncertainties. The divergence in sectoral performance indicated that investors are being selective, reacting to both sector-specific fundamentals and broader economic trends.
The flow of funds from institutional investors remained a critical determinant of market sentiment.
- Foreign Institutional Investors (FIIs) continued their selling spree. On July 28, 2025, FIIs were significant net sellers in the Indian cash segment, offloading shares worth ₹6,082.50 crore. This activity extends a trend of sustained FII selling, with cumulative sales exceeding ₹13,500 crore during the prior week. The month-to-date net outflow from FIIs in the cash segment totalled ₹7,987.60 crore.
- In stark contrast to FIIs, Domestic Institutional Investors (DIIs) remained strong net buyers. On July 28, DIIs purchased shares worth ₹6,764.60 crore in the cash segment. This consistent DII buying has been a crucial support for the Indian market, effectively helping to offset the substantial FII outflows.
The persistent FII selling, despite the offsetting DII buying, continues to exert pressure on the market. This outflow of foreign capital also has implications for the currency market. The Indian rupee ended the day down 0.2% at 86.8150, marking its worst closing low in four months. This depreciation can be directly linked to the sustained FII outflows.
The primary market remained active, with several Initial Public Offerings (IPOs) attracting investor attention.
- TheLaxmi India Finance IPO, a book-building issue, opened for public subscription on July 29, 2025, and is scheduled to remain open until July 31, 2025. The IPO aims to raise ₹254.26 crore, with the price band set between ₹150 and ₹158 per share. As of July 28, the Grey Market Premium (GMP) for Laxmi India Finance stood at ₹13, indicating an estimated listing price of around ₹171.
- Also opening on July 29 and closing on July 31 was theAditya Infotech IPO. On its first day, the IPO received an overall subscription of 1.73 times. Retail investors showed particularly strong interest, subscribing 5.65 times their allocated portion. The Grey Market Premium (GMP) for Aditya Infotech was approximately ₹260 over the issue price of ₹675, suggesting an estimated listing premium of about 38.5%.
Looking ahead, investors can anticipate the IPOs of M&B Engineering and Sri Lotus Developers, both of which are scheduled to open on July 30.
The day's trading saw a diverse performance among individual stocks, reflecting specific company news and sector trends.
Top Gainers (Nifty 50 & Broader Market)
Jio Financial Services (Financial Services)
- Current Market Price: ₹321.10
- Percentage Change: +4.47%
- Reasons: Jio Financial Services emerged as a top gainer today, largely on the back of its robust Q1 FY26 earnings and strategic developments. The company reported a significant 48% year-on-year (YoY) increase in total income to ₹619 crore and a four-fold increase in net income from business to ₹219 crore. Its NBFC AUM (Assets Under Management) witnessed substantial growth, expanding from ₹217 crore in Q1 FY25 to ₹11,665 crore in Q1 FY26. Furthermore, the company's payments bank deposits surged by 206% YoY, and transaction processing volume grew by 93% YoY. The maiden NFO of its BlackRock JV Asset Management Company, which raised ₹17,800 crore, also contributed significantly to positive market sentiment. Additionally, the company's board is scheduled to meet on July 30, 2025, to consider fundraising plans, which could further fuel growth.
Larsen & Toubro (Construction & Engineering)
- Current Market Price: ₹3,495.60
- Percentage Change: +2.14%
- Reasons: Larsen & Toubro (L&T) saw a strong gain today, driven by a major order win. The company announced securing an "ultra-mega" order (valued at over ₹15,000 crore) for its hydrocarbon offshore business from a client in the Middle East. This significant contract award underscores L&T's strong execution capabilities and its expanding presence in international markets. The positive news of this large order, combined with the anticipation of its Q1 FY26 financial results (due today, July 29, 2025), likely boosted investor confidence and contributed to the stock's upward movement.
Reliance Industries (Conglomerate/Diversified)
- Current Market Price: ₹1,417.10
- Percentage Change: +2.13%
- Reasons: Reliance Industries (RIL) recorded a healthy gain today, continuing its outperformance against the broader market. The company recently reported a robust Q1 FY26 net profit, soaring 78% YoY to ₹26,994 crore, which also beat Street estimates. This impressive profit growth was significantly aided by other income from the Asian Paints stake sale. Operational performance across its consumer-facing businesses, particularly Jio Platforms and Retail, showed strong EBITDA growth and high user engagement. Jio surpassed 200 million 5G subscribers, and Reliance Retail's PAT rose 28% YoY. The overall strong financial results, coupled with positive momentum in its diversified businesses, contributed to today's rally.
Asian Paints (Chemicals/Paints)
- Current Market Price: ₹2,401.50
- Percentage Change: +1.78%
- Reasons: Asian Paints saw a significant uptick today despite reporting a weak set of Q1 FY26 financial results. The company announced a 6.0% decline in consolidated net profit to ₹1,099.8 crore and revenue missing Street estimates at ₹8,924.5 crore. However, the stock initially jumped after the earnings announcement, suggesting that investors may have already factored in some of the challenges or are focusing on specific positive aspects. The company noted a slight uptick in the paint industry driven by marginally improved urban demand, and strong growth in its international business (8.4% value growth). The industrial coatings business also grew by 8.8%. While overall revenue declined in the domestic decorative segment, the market seems to be reacting to the positive outlook on certain segments and perhaps the anticipation of a strategic recovery in the coming quarters, or possibly a short covering rally post-results.
Eicher Motors (Automobiles)
- Current Market Price: ₹5,470.50
- Percentage Change: +1.57%
- Reasons: Eicher Motors closed higher today, continuing a positive trend. While specific major company-specific news explaining today's gain was not immediately available, the stock likely benefited from broader positive sentiment in the automobile sector. Eicher Motors is scheduled to hold a group conference call on July 31, 2025, to discuss its Q1 FY26 financial results, and positive anticipation ahead of these results could be a contributing factor. Recent reports also show Royal Enfield, a key segment of Eicher Motors, achieving record-breaking 1 million annual sales in FY25, indicating strong underlying business performance and market demand for its products.
Top Losers (Nifty 50 & Broader Market)
SBI Life Insurance (Financial Services - Life Insurance)
- Current Market Price: ₹1,833.40
- Percentage Change: -0.92%
- Reasons: Despite reporting a healthy 14% year-on-year (YoY) rise in net profit to ₹594 crore and a 14% increase in total net premium revenue to ₹17,178 crore for Q1 FY26, SBI Life Insurance saw a decline today. While the company highlighted a favourable shift in product mix towards protection and guaranteed non-par savings, and improvement in persistency ratios, the profit was down 27% compared to the previous quarter (Q4 FY25) due to seasonality. This sequential dip in profitability and potentially some profit booking after recent gains might have contributed to the stock's negative performance today. The broader financial sector also faced some pressure in recent sessions.
Axis Bank (Financial Services - Banking)
- Current Market Price: ₹1,064.20
- Percentage Change: -0.88%
- Reasons: Axis Bank experienced a drop today following its Q1 FY26 results, which disappointed market expectations. The bank reported a 4% decline in standalone net profit to ₹5,806 crore, primarily driven by a significant rise in provisions (nearly doubling YoY to ₹3,948 crore) and an increase in bad loan slippages. Net interest income (NII) remained almost flat at ₹13,560 crore, and net interest margins (NIM) also saw a decline. The deterioration in asset quality, with gross non-performing assets (NPAs) rising to 1.57% and net NPAs to 0.45%, raised concerns among investors and led to downgrades by some brokerages.
TCS (Information Technology Services)
- Current Market Price: ₹3,056.00
- Percentage Change: -0.76%
- Reasons: Tata Consultancy Services (TCS) saw its shares decline today after the company announced plans to reduce its global workforce by approximately 12,000 employees, representing about 2% of its total headcount. This move, primarily impacting middle and senior-level positions, is attributed to weak discretionary spending and a challenging economic environment in the IT sector. While TCS stated the cuts are not linked to AI-driven efficiencies, the news of significant layoffs signalled a cautious outlook for the industry and rattled investor sentiment, pulling down not just TCS but also the broader Nifty IT index.
HDFC Life Insurance (Financial Services - Life Insurance)
- Current Market Price: ₹756.35
- Percentage Change: -0.64%
- Reasons: HDFC Life Insurance saw a moderate decline today. While the company recently reported a 14.5% year-on-year (YoY) increase in net profit to ₹546 crore and a 16% rise in net premium income for Q1 FY26, and also achieved a new high in market share, the stock's movement suggests some underlying investor caution. Despite healthy VNB growth (12.7% YoY) and improved new business margins, the market might be factoring in the slower overall business growth compared to expectations or continued re-adjustment of its product strategy. Any broader market weakness, especially in the financial sector, could also contribute to its negative performance.
Titan Company (Consumer Discretionary - Jewellery & Watches)
- Current Market Price: ₹3,379.20
- Percentage Change: -0.41%
- Reasons: Titan Company experienced a slight dip today. The company recently released a business update for Q1 FY26, reporting an 18% year-on-year (YoY) growth in its jewellery segment, which was deemed decent but perhaps not as strong as highly-valued investor expectations. The report noted that high gold prices from May to mid-June led to a softening in customer purchases and a preference for lightweight and lower karatage jewellery, impacting revenue growth in that specific period. While other segments like watches and emerging businesses showed strong growth, the overall update might have led to some profit booking or a recalibration of investor sentiment given the stock's high valuation.
Beyond direct market news, several economic and global factors influenced the trading day.
- India's inflation outlook presented a positive development. Retail inflation, measured by the Consumer Price Index (CPI), dropped significantly to a multi-year low of 2.10% year-on-year in June 2025. Food inflation also entered the negative zone, falling to -1.06% in June 2025. This decline was primarily attributed to a favourable base effect and a reduction in prices of essential food items.
- However, industrial output concerns continued to linger. India's Index of Industrial Production (IIP) grew by just 1.5% year-on-year in June 2025, marking its lowest growth since August 2024. The average IIP growth for the first quarter of FY26 stood at a mere 1.9%.
- In the global commodities market, crude oil prices saw an increase. Oil prices rose on July 29, supported by anticipated improvements in economic activities following the US-EU trade agreement, potential US-China trade resolution, and President Donald Trump's reduced timeline for Russia regarding the Ukraine conflict.
- The broader US Federal Reserve and global geopolitical factors continued to influence investor sentiment. The overall investor mood remained cautious globally ahead of key central bank meetings this week, including the US Federal Reserve.
- Finally, the Reserve Bank of India's gold reserve strategy was noted. The RBI acquired almost half a tonne of gold in the last week of June, bringing its total holdings to 879.8 tonnes as of June 27. The proportion of gold in India's foreign exchange reserves increased to 12.1% by July 18, 2025.
As the market looks ahead, several key events and trends will warrant close observation from investors.
- Upcoming economic data will continue to shape expectations. The next release for India's Consumer Price Index (CPI) for July 2025 is scheduled for August 12, 2025.
- The earnings season remains a critical factor. The ongoing announcements will continue to provide fundamental drivers for individual stock performance and sectoral trends.
- Overall, investor expectations remain cautious. The market will be closely monitoring developments in the India-US trade negotiations, with the August 1 deadline looming, as well as the outcomes of upcoming central bank meetings, particularly the US Federal Reserve's policy decision this week.
The Indian stock market experienced a rebound on July 29, 2025, with both Sensex and Nifty closing higher, breaking a three-day losing streak, largely driven by domestic value buying. Persistent FII selling continued to weigh on sentiment and contributed to the rupee's four-month low, though robust DII buying provided crucial support to the market.
Sectoral performance was mixed, with Oil & Gas and Power sectors showing strength, while IT and Media continued to face selling pressure, reflecting a selective market response to earnings and broader trends. Key economic factors included a significant drop in India's retail and food inflation to multi-year lows, potentially offering the RBI flexibility in monetary policy, contrasting with concerns over weak industrial output.
Global factors, such as rising crude oil prices and ongoing US trade negotiations and Federal Reserve decisions, will continue to introduce volatility and require close monitoring in the coming days. Investors are encouraged to stay informed and exercise caution in this dynamic market environment.