Sensex Rises 400+ Points, Nifty Crosses 24,800 | Top Stock Market Updates

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India's finished steel imports plunged nearly 30% in Q1 FY26, with Chinese and Japanese shipments nosediving 46% and 65%, respectively. This drop trails a fresh 12% safeguard duty and signals New Delhi’s tighter grip on trade to bolster domestic mills.

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Today’s Market Menu

▪️ Impact News

▪️ Markets

▪️ Everything else you need to know today

▪️ Special

▪️ Mindset

▪️ Stock Screener to up your game

IMPACT NEWS

📈 Market Momentum: Sensex Soars 440 Points, Nifty Above 24,800

India's stock market kicked off the week with strength. The Sensex surged 440 points, and Nifty settled above the 24,800 mark, fueled by strong buying in banking, energy, and FMCG sectors.

📊 Key Highlights:

• ICICI Bank led the charge post its solid Q1 results, pulling the banking index higher.

• Reliance Industries contributed significantly after investor optimism returned following earnings stability.

• The broader market sentiment remained bullish, with small- and mid-caps also seeing positive traction.

• VIX cooled, indicating lower fear and higher confidence in upcoming sessions.

🌍 Globally, easing concerns around U.S. interest rates and positive cues from Asian peers played a supporting role.

🔎 What to watch:

• The US Fed's commentary this week could influence FII flows.

• With results season in full swing, stock-specific action will likely dominate.

💡 For investors: Volatility may return, but India’s fundamentals - strong earnings, growing retail participation, and resilient macros remain intact.

Let the index highs not distract from bottom-up research and long-term compounding.

MARKETS

The Indian stock market ended the day on a strong note. The Sensex jumped 446 points to close at 81,337, while the Nifty 50 gained 140 points to settle at 24,821. Banking and midcaps joined the rally too Nifty Bank rose 137 points and Nifty Midcap 100 surged nearly 465 points, leading the charge with a 0.81% gain. Overall, the sentiment stayed upbeat as buyers dominated the day clear signs of confident momentum building across key sectors.
_{Closing figures as on 29.07.25 (3.30pm IST)}

🔎 In Focus

Stock Performance:

Top Gainers

✅ Reliance Industries (+2.1%) Reliance gained ground on broad market optimism led by better-than-expected Q1 results across its energy and retail verticals.

✅ Larsen & Toubro (+1.92%) rallied ahead of its Q1 FY26 earnings release later today, reversing earlier losses. Investor appetite rose amid speculation of strong order inflow and resilient project execution pipeline.

✅ Asian Paints (+1.97%) Despite a modest 6% YoY dip in Q1 profit, Asian Paints jumped today on sequential margin improvement and positive technical patterns, attracting bargain-hunting and anticipation of recovery.

✅ Jio Financial (+4.77%) led the gainers as investors geared up ahead of a capital raise board meeting scheduled tomorrow.

Top Losers

🔻 SBI Life (-0.93%) declined amid broader insurance sector caution, as profit-taking set in despite strong markets.

🔻 Axis Bank (-0.80%) slipped despite a green index, weighed down by ongoing weak sentiment following subdued Q1 earnings and elevated provisions.

🔻 TCS (-0.72%) was under pressure as investor focus shifted to subdued IT outlook and layoffs in the sector. The stock fell to a new 52-week low on technical breakdown and cautious sentiment.

🔻 HDFC Life (-0.62%) also lagged with modest decline, in line with broad weakness across insurance names as investors booked gains and rotated into cyclical sectors.

Q4 RESULTS

^{Click on company name for result pdf} 

INDIA FRONTIER

Everything else you need to know today

📈 Debut: India’s first depository, NSDL, is launching its much-anticipated ₹4,011 crore IPO tomorrow, priced at ₹760–800 per share. With strong fundamentals, high client retention, and solid earnings, NSDL looks like a rare play on India’s capital market infrastructure. But is it a better bet than peer CDSL?

⚡ Unraveling: EV ride-hailing startup BluSmart has entered insolvency after the NCLT accepted a plea by one of its partners, Gensol, citing fund diversion for non-vehicle use. Once hailed as an Uber rival in India’s green mobility race, BluSmart’s crash reveals a deeper crisis of governance in startup funding.

💹 Momentum: The National Stock Exchange posted a ₹2,924 crore net profit in Q1 FY26, up 10% QoQ, with total income growing 9% to ₹4,798 crore. Market activity across cash and derivatives remained brisk, underscoring NSE’s dominant hold amid rising retail investor enthusiasm.

🛫 lashpoint: Today’s Parliament session is heating up with PM Modi addressing the NEET-UG leak controversy, while India’s Air Force continues rescue ops under "Operation Sindoor" after a deadly crash in Cambodia.

SPECIAL

👓 Lenskart Eyes the Public Market: Files for ₹2,060 Cr IPO

India’s eyewear giant Lenskart just filed its Draft Red Herring Prospectus (DRHP) to raise ₹2,060 crore (~$247 million) via a fresh issue - a move signaling scale, confidence, and ambition.

🔍 What’s in the plan:

• The IPO includes no offer-for-sale (OFS) component - meaning the funds raised will directly go toward business expansion and growth.

• Proceeds will be used for repayment of borrowings, new manufacturing capabilities, and global retail expansion.

• Backed by marquee investors like SoftBank and Alpha Wave, Lenskart is already a unicorn and is expanding in Southeast Asia and the Middle East.

📈 Why this matters:

• Lenskart is not just an eyewear brand - it’s a vertically integrated tech-driven D2C platform, managing everything from manufacturing to last-mile delivery.

• It’s a rare Indian startup showing profitable unit economics at scale - a key trait markets now demand.

💡 For retail investors: Watch how this IPO plays out. With rising interest in high-quality consumer-tech brands, Lenskart could set a precedent for future listings.

THE HANOOMAAN INSTITUTE

💰 The Middle-Class Trap: Programmed by Math, Not Mindset?

The middle class isn’t just stuck because of choices… it’s stuck because of math.

Here’s the breakdown:

1. Income vs. Expenses: Most middle-class earners live paycheck to paycheck not due to recklessness, but because fixed costs (housing, healthcare, education, debt) consume a disproportionate share of income.
2. Lifestyle Inflation: Every raise is quickly absorbed by a new car, better phone, or upgraded lifestyle creating the illusion of progress while net worth remains stagnant.
3. Lack of Leverage: Unlike the wealthy who invest in appreciating assets, the middle class often spends on liabilities from car loans to credit cards.

🧮 The math?
Earn $100, spend $95. Zero margin = zero growth.

💡 The solution isn’t just budgeting - it’s rethinking the system:

• Prioritize investments > upgrades

• Learn the difference between cash flow and net worth

• Escape the "earn-more-spend-more" loop

SUPERCHARGE YOUR INVESTING SKILLS

STOCK SCREENER TO UP YOUR GAME

Breakout stocks
by - Saravanan

100*((High price - Current price )/High price)  < 10 AND
100*((High price - Current price )/High price)  > 0 AND
100*(Current price / Low price  -1) > 100 AND
Current price > 10 AND
Volume > 100000

Thanks for reading.

Until tomorrow!

Hanoomaan India Business team

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