πŸš€ L&T Lifts Markets, But Broader Sentiment Stays Mixed – What Lies Ahead?

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July 30, 2025 – Indian equity benchmarks extended gains for a second straight session, but the overall market tone remained cautious ahead of the U.S. Fed policy decision. The Nifty 50 closed at 24,855.05, up 33.95 points or 0.14%, while the BSE Sensex added 143.91 points to end at 81,481.86.

πŸ” What Moved the Markets?

The rally was primarily driven by Larsen & Toubro (L&T), which surged 4.85% ahead of its earnings, adding over 57 points to the Nifty 50 alone. Other key gainers included Bharti Airtel and Sun Pharma.

On the flip side, Tata Motors slumped 3.45% after news broke of a possible USD 4.5 billion acquisition of Iveco, raising red flags over its balance sheet. ICICI Bank and Reliance Industries also contributed to the drag.

πŸ”§ Sector Snapshot

Out of 11 major sectors, five closed in green:

Nifty IT gained on the back of Coforge and LTI Mindtree. Nifty Realty fell sharply, led by Brigade Enterprises and DLF.

πŸ“‰ Broader Market Check

The Nifty Midcap 100 dipped 0.07%, while the Smallcap 100 dropped 0.52%. Despite the muted performance, market breadth tilted slightly positive:

Advances: 1,508 Declines: 1,465 Unchanged: 84 52-week highs: 85 52-week lows: 35 Upper circuits: 94 Lower circuits: 67

πŸ”Ž Stocks in the Spotlight

πŸ†• GNG Electronics fell over 8% despite a blockbuster listing. 🧠 Cyient incorporated a new semiconductor arm in Singapore. πŸ§ƒ Tilaknagar Industries approved a β‚Ή549 cr equity issue and plans expansion. πŸ’° Elcid Investments announced investment in Zepto. 🌍 Muthoot Microfin expanded into Northeast India. 🧱 Asian Paints to merge its polymers unit with the parent company.

🌍 Global Economic Calendar

July 31: U.S. Fed Interest Rate Decision August 1: U.K. Manufacturing PMI (Final), U.S. ISM Manufacturing PMI August 2: Eurozone PPI data August 2: India’s Infrastructure Output Data

Investors are bracing for the U.S. Fed’s rate decision tonight, with expectations pointing to no change. Domestically, tensions over potential trade tariffs and sluggish progress in the India-U.S. agreement are also on investors’ radars.

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