Highlights

The Indian stock market closed deep in the red, pressured by weak IT earnings and global trade worries. Defensive sectors like pharma and FMCG outperformed, while broader indices and most sectors faced heavy selling

Headline Indices
Sectors at a Glance

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What moved the market?

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Broader Market Performance

India VIXINDIA VIX11.82 +1.29%

Nifty Midcap 150NIFTY MIDCAP 150₹21,636.40 -0.83%

Nifty Smallcap 250NIFTY SMLCAP 250₹17,645.45 -0.70%

What Made Headlines?

Glenmark Pharmaceuticals Ltd.GLENMARK₹2,181.10 +14.55%

Glenmark Pharmaceuticals surges after signing a global licensing deal with AbbVie for cancer drug ISB 2001. The promising multiple myeloma treatment shows a 79% response rate, boosting investor confidence in the emerging markets strategy.

Enviro Infra Engineers Ltd.EIEL₹275.60 +12.40%

Enviro Infra Engineers enters the Zero Liquid Discharge space with a ₹400 crore CETP upgrade project from the Maharashtra Industrial Development Corporation. The 24-month project will upgrade wastewater treatment plants in three Kolhapur industrial estates for Panchganga River pollution control.

Anand Rathi Wealth Ltd.ANANDRATHI₹2,211.70 +4.33%

Anand Rathi Wealth shares rise after strong FY26 Q1 results with 27.9% profit growth to ₹93.9 crore and assets under management jumping 27.2% to ₹87,797 crore compared to last year’s same quarter.

Tata Consultancy Services Ltd.TCS₹3,266.00 -3.43%

TCS shares fall after disappointing quarterly results, dragging down the entire Nifty IT index by 2%. The sector faces global uncertainty, weak demand, and new US tariff concerns affecting Indian IT companies’ revenue from American and European markets.

Indian Renewable Energy Development Agency Ltd.IREDA₹160.00 -5.68%

IREDA shares fall after June quarter results show deteriorating asset quality. Gross NPAs jumped to 4.13% from 2.45%.

What’s Happening Beyond Markets?
  • India’s quick commerce market reached ₹64,000 crore in FY25, growing at 142% annually over three years. The explosive growth is driven by changing consumer habits, improved local delivery networks, and rapid expansion from a small base.
  • Silver surges to 13-year highs as global trade tensions drive safe-haven demand. Trump’s escalating tariff war, including 35% on Canadian imports and broader duties, fuels a precious metals rally despite a strong dollar.
  • Trump announces a 35% tariff on Canadian imports from August 1, threatening higher rates if Canada retaliates. He plans 15-20% tariffs on other trading partners, citing a lack of cooperation.
  • IMF warns of high global economic uncertainty following Trump’s escalating trade war with 50% tariffs on copper and Brazilian goods, plus tariffs on 21 other countries starting August 1st, threatening worldwide growth prospects.
  • The Bank of Japan says US tariffs have limited impact on Japanese exports so far, but companies worry about weakening global demand. Some firms delay investments while others continue spending amid a moderate regional recovery.
Back to Basics

Terms that put you one step ahead – every day.

What Are Domestic Institutional Investors (DIIs)?

Domestic Institutional Investors (DIIs) are Indian entities like mutual funds, insurance companies, banks, and pension funds that invest in India’s financial markets. 

Think of them as local institutional money staying home to invest.

Unlike FIIs, DIIs face no investment restrictions and typically take a long-term approach. 

They often act as market stabilizers. When FIIs sell during the market panic, DIIs usually step in to buy, providing crucial support

DIIs channel domestic savings into productive investments and provide market stability.

IPO Corner: Mainboard

Upcoming IPO

CompanyDateTotal Issue SizeIssue PriceMinimum Investment
Anthem BiosciencesJuly 14, 2025 to July 16, 2025₹3,395.00 Cr₹540 to ₹570 per share₹14,040
Corporate Actions
StockEx-DateRecord DateEvent Type
Aditya Birla Real Estate Ltd.15 Jul 202515 Jul 2025Final Dividend
Computer Age Management Services Ltd.15 Jul 202515 Jul 2025Final Dividend
Grindwell Norton Ltd.15 Jul 202515 Jul 2025Final Dividend 
IDBI Bank Ltd.15 Jul 202515 Jul 2025Final Dividend
Kirloskar Pneumatic Company Ltd.15 Jul 202515 Jul 2025Final Dividend
Mahindra & Mahindra Financial Services Ltd.15 Jul 202515 Jul 2025Final Dividend

Before You Go…

Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.

We’ll be back on Monday to cut through the noise, so you can focus on investing intelligently.


Disclaimer and Disclosure

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