Stocks

Stock Market Live Updates | Sensex Falls 200 Points, Nifty Slips as Persistent Tanks 8% on Deal

Indian markets erased early gains as IT stocks dragged benchmarks lower. Persistent Systems plunged nearly 8% after its Nagarro acquisition announcement, while investors tracked crude oil, FII flows, monsoon progress and upcoming Q1 earnings for fresh market direction.

Somatirtha

Nifty Stuck in Range as Traders Watch Key Support and Resistance Levels

Markets remained range-bound with Nifty struggling above its 100-day EMA. Analysts see support at 23,900 and resistance at 24,170, while Sensex is expected to trade between 76,400 and 77,400.

Gold, Silver Decline While Crude Oil Edges Higher Amid Global Cues -

Gold and silver prices declined as easing US-Iran tensions dampened safe-haven demand, while crude oil edged higher on supply concerns. Investors now await fresh economic data for clues on Federal Reserve policy.

Anubhav Plast Leads Gainers, Mahalaxmi Rubtech Tops Losers on Dalal Street

Anubhav Plast surged over 623% to top the gainers' list, while Mahalaxmi Rubtech fell 20% to lead losers. Tirupati Forge, Omaxe and Uhm Vacation also witnessed sharp price movements.

Lupin Rises After USFDA Tentative Nod for Prostate Cancer Drug

Lupin shares gained nearly 2% after receiving USFDA tentative approval for Enzalutamide tablets used to treat prostate cancer. The approval covers 40 mg, 80 mg, 120 mg and 160 mg strengths.

Viceroy Hotels Gains After Board Approves Rs. 107 Crore Rights Issue

Viceroy Hotels shares rose after the board approved raising up to Rs. 107 crore through a rights issue for eligible public shareholders. The stock gained nearly 2% during intraday trade.

Anubhav Plast Tops Volatility Chart as Small-Cap Stocks Swing Sharply

Anubhav Plast led the list of the day's most volatile stocks, while Uhm Vacation, IITL Projects, Euphoria Infotech, ABATE AS Industries and Newtrac Foods witnessed sharp price swings during trade.

HDFC Bank, Persistent Among Most Traded Stocks as Market Volumes Surge

HDFC Bank, Persistent Systems, ICICI Bank, Ramco Systems, BSE and Himadri Specialty Chemical featured among the day's most actively traded stocks, reflecting heightened investor participation and stock-specific action.

Sensex Trades Flat Above 77,100 as Investors Await Fresh Market Triggers

The Sensex hovered above the 77,100 mark in volatile trade, reflecting cautious investor sentiment. Traders tracked corporate developments, global cues, crude oil prices and foreign fund flows for directional momentum.

Nifty 50 Holds Above 24,000 Despite Volatile Trade; Bulls Defend Key Support

Nifty 50 traded in a narrow range above the 24,000 mark, reflecting cautious investor sentiment. The index remained resilient despite intraday volatility as traders awaited fresh domestic and global market triggers.

HDFC Bank Share Price Rebounds Above Rs. 800 After Months of Selling Pressure

HDFC Bank shares climbed above Rs. 800, signalling a steady recovery after months of sustained declines. Investors are watching whether the stock can maintain momentum and break above key resistance levels in upcoming sessions.

Persistent Systems Slumps Nearly 8%

Persistent Systems shares plunged close to 8% after announcing its proposed $1.14 billion acquisition of Germany-based Nagarro. Investors remained cautious about the acquisition's financial impact despite analysts highlighting its long-term strategic benefits.

Expert Sees Mixed Market Outlook

VK Vijayakumar of Geojit Investments said Brent crude remaining below $73 is positive for India despite ongoing US-Iran tensions. However, he cautioned that weak monsoon conditions and first-quarter earnings expectations continue to pose challenges for markets.

Sensex Falls Over 200 Points

Selling pressure accelerated during morning trade, dragging the Sensex down more than 200 points. Weakness in IT shares and profit booking across sectors weighed on market sentiment despite supportive macroeconomic factors.

Short-Duration Mutual Funds Recommended

Analysts highlighted HDFC Short Term Debt Fund, ICICI Prudential Short Term Fund and Axis Short Term Fund among the preferred choices for investors with one-to-three-year investment horizons seeking stable returns and moderate interest-rate risk.

Sensex Turns Negative

The benchmarks erased their opening gains as selling pressure intensified across IT and heavyweight stocks. The Sensex slipped around 50 points while the Nifty tested the 24,050 level amid cautious investor sentiment.

Markets Open in Green

Indian benchmark indices began Monday's session on a positive note after the long weekend. The Sensex gained around 100 points while the Nifty crossed the 24,100 mark, supported by buying in select heavyweight stocks before momentum faded.

Gold Prices Decline

Gold prices slipped after renewed US-Iran tensions pushed crude oil prices higher and strengthened expectations of prolonged higher US interest rates. Spot gold declined 0.7%, while silver also traded lower during early commodity market activity.

Tech Share Sales Raise Investor Concerns

Technology companies globally continue raising capital through equity sales, prompting comparisons with the dot-com era. Investors are increasingly concerned that rising equity issuance could pressure valuations and increase financial risks across the sector.

Rupee Opens Nearly Flat

The Indian rupee opened at 94.35 per US dollar, almost unchanged from the previous close of 94.3950, as traders awaited fresh global cues and monitored geopolitical developments affecting currency markets.

RBI Measures Offer Temporary Support

Economists believe the Reserve Bank of India's recent foreign currency inflow measures may provide short-term relief to the country's balance of payments. However, structural external sector risks continue to remain a concern.

Persistent-Nagarro Deal Remains in Focus

Analysts believe Persistent Systems' proposed acquisition of Germany-based Nagarro could strengthen its European presence and diversify revenue streams. However, the deal's size and integration costs are expected to pressure the stock in the near term.

PFC-REC Merger Gets Approval

Power Finance Corporation and REC approved their merger proposal. REC shareholders will receive 88 PFC shares for every 100 REC shares held, creating what is expected to become India's largest power financing institution after regulatory clearances.

India Trails in AI-Led Market Rally

India, China and Hong Kong are among the few major markets where the largest listed companies have lost market-cap share over the past year, reflecting slower participation in the global artificial intelligence-driven equity rally.

SP Group Refinancing Gets Relief

Anchor investors, including Ares Management, Cerberus Capital Management, Deutsche Bank, Davidson Kempner and Farallon Capital, extended loan-to-value relaxations until September 30, supporting the Shapoorji Pallonji Group's refinancing efforts.

Foreign Selling Eases in June

Foreign institutional investors reduced the pace of equity outflows during June, helped by easing crude oil prices and improving market sentiment. February remains the only month in 2026 in which overseas investors were net buyers of Indian equities.

Analysts See More Upside for Nifty

Technical analysts believe the Nifty has room to advance towards the 24,300–25,000 range if it decisively breaks above key resistance levels. However, they continue advising investors to remain selective amid ongoing market volatility.

US Dollar Heads for Strong Month

The US dollar remained on course for its strongest monthly performance in nearly a year. Traders awaited crucial US employment data while monitoring tensions in the Gulf, both of which could influence future Federal Reserve policy decisions.

Gold Extends Losses

Gold prices continued their decline as stronger oil prices and expectations of prolonged higher US interest rates reduced demand for the safe-haven asset. Investors remained focused on geopolitical tensions and the Federal Reserve's policy outlook.

Asian Markets Trade Lower

Asian equities opened weaker despite reports suggesting the US and Iran had stepped back from immediate escalation. Oil prices pared gains while US futures edged higher, reflecting cautious optimism among investors ahead of key economic data releases.

Stocks in Focus Today

Waaree Energies, Kotak Mahindra Bank, HDFC Bank, Strides Pharma and Persistent Systems remained among the key stocks in focus following corporate announcements, sector-specific developments and analyst commentary likely to influence trading activity during the session.

GIFT Nifty Signals Muted Opening

GIFT Nifty traded marginally higher at 24,098.50, indicating a flat-to-positive start for Indian equities. Investors remained cautious ahead of key domestic triggers and global developments despite supportive cues from overnight US markets.

Key Market Triggers This Week

Market participants are closely tracking first-quarter earnings, monsoon progress, crude oil prices, foreign institutional investor (FII) flows, geopolitical developments involving the US and Iran, RBI measures and key global economic data, all of which are expected to influence investor sentiment throughout the week.

Indian equity markets witnessed a volatile start to the week on Monday after remaining closed on Friday for Muharram. Benchmark indices opened with modest gains but soon turned negative amid selling pressure in IT and select heavyweight stocks. Persistent Systems emerged as the biggest loser after announcing its proposed $1.14 billion acquisition of Germany-based Nagarro. Investors are closely tracking global geopolitical developments, crude oil prices, foreign institutional investor (FII) activity, monsoon progress and the upcoming first-quarter earnings season for further market direction.

Previous Market Close

Indian benchmark indices ended Thursday with modest gains after surrendering most of their intraday rally during monthly derivatives expiry. The Sensex settled at 77,100.47, up 109 points, while the Nifty closed at 24,056, gaining 34 points. Markets remained closed on Friday on account of Muharram before resuming trade today.

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.

Crypto Prices Today: Bitcoin Near $59,500 & Ethereum Trades Around $1,580 as US-Iran Tensions and Record ETF Outflows Shake Markets

Top Crypto Exchanges for High-Net-Worth Traders: Security, Liquidity, OTC Desks Ranked

SOL Rebounds From $60 as Oversold Signals and Breakout Hopes Return

Crypto News Today: XRP Eyes July Rebound After June Crash as Bullish Signals Emerge

Why Bitcoin Network Usage is Surging Despite Stagnant Prices?