The Sensex added 234.12 points (0.30%) to settle at 78,199.11. Throughout the day, the index traded between a high of 78,452.74 and a low of 77,925.09.
Meanwhile, the NSE Nifty50 rose by 91.85 points (0.39%) to close at 23,707.90. The Nifty traded within the range of 23,795.20 to 23,637.80 during the session.
Broader markets outperformed the benchmark indices, with Nifty Smallcap100 surging 1.35% and Nifty Midcap100 gaining 0.89%.
Impact on the stock market
Among sectoral indices, Nifty Metal, healthcare, and media sectors posted gains of over 1%, while Nifty IT was the only sector to end in the red.
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| Sector/Index | Performance |
| IT & BPM sector | -0.68% |
| Healthcare sector | 0.94% |
| Oil & Gas sector | 1.64% |
| Real estate sector | 0.80% |
| PSU Bank in India | 0.50% |
Top gainers today
| Company | Price | Change % |
| ONGC Share Price | 263.49 | 3.59 |
| SBI Life Insura Share Price | 1,477.75 | 3.00 |
| HDFC Life Share Price | 619.85 | 2.29 |
| Tata Motors Share Price | 793.25 | 2.19 |
| Reliance Share Price | 1,240.85 | 1.88 |
Top losers today
| Company | Price | Change % |
| HCL Tech Share Price | 1,915.90 | -1.90 |
| Trent Share Price | 6,874.30 | -1.77 |
| TCS Share Price | 4,028.30 | -1.63 |
| Eicher Motors Share Price | 5,177.30 | -1.39 |
| Hero Motocorp Share Price | 4,162.05 | -0.97 |
Market aftermath: Impact on stocks
Shakti Pumps gains 2% on fund raise plan
Shakti Pumps shares climbed by 2% after the company announced plans to raise Rs 400 crore through a qualified institutional placement (QIP) to fund expansion initiatives. The terms and conditions of the fund raise will be detailed at a later stage.
As of the September quarter, the company has an order book worth Rs 1,800 crore, which it aims to execute by the end of 2025. In the first half of FY25, Shakti Pumps’ revenue soared 3.5x to Rs 1,202.2 crore compared to the same period last year. EBITDA surged to Rs 284.6 crore, resulting in a robust margin of 23.7%, significantly higher than 8.7% in H1FY24.
You may also read: Shakti Pumps share price surges on strong Q4 performance
Zydus Lifesciences rises 5% on deal with CVS Caremark
Zydus Lifesciences shares jumped 5.23% to an intraday high of Rs 1,011.75 following the announcement of a deal with CVS Caremark. Zydus will add its diabetes treatment products, including ZituvioTM (sitagliptin) and ZituvimetTM (sitagliptin and metformin hydrochloride), to the US healthcare firm’s formulary.
This deal adds momentum to Zydus’ portfolio, especially with the approval of these products by the USFDA under the 505(b)(2) pathway.
Caplin Point stock jumps 3.5% after USFDA clearance
Shares of Caplin Point Laboratories rose 3.5% after its Tamil Nadu manufacturing facility received clearance from the USFDA with zero observations. The unannounced inspection, conducted between August 5-9, evaluated the compliance of the injectable and ophthalmic plant with Good Manufacturing Practices.
Caplin Point has been on an upward trajectory, delivering 32% returns over the past three months. At Rs 2,551 on the NSE, trading volumes for Caplin Point remained strong, aligning with the stock’s average daily trade volume.
Crude oil – A minor dip despite demand expectations
Crude oil prices witnessed a slight dip, with March Brent oil futures falling by 0.07% to $76.25 per barrel. Similarly, February WTI crude oil futures traded at $73.43, marking a 0.18% decline.
In India, January crude oil futures on the MCX slipped by 0.10% to Rs 6,302. Meanwhile, February crude oil futures stood at Rs 6,282, reflecting a marginal decrease of 0.08%.
Commodities analysts at ING Think noted that while the physical market is experiencing some tightening, overall supply projections for 2025 remain comfortable, which is expected to limit price increases throughout the year.
Additionally, Saudi Arabia announced a price hike for Asian buyers, ranging between $0.40 to $0.60 per barrel for February loadings.
Conclusion
Today’s stock market session reflected resilience across broader markets and select sectors, while stock-specific movements added momentum. With crude oil prices stabilising and several corporate announcements driving share movements, the market is set for an interesting phase in the coming weeks. Investors are advised to keep an eye on sectoral trends and company-specific developments to make informed decisions.
For more stock market insights, check out the StockGro blog.
