Market Bizzz

He also shares why India deserves a place in every diversified global portfolio, the structural themes that could drive wealth creation over the next decade, and the role alternative investments can play in strengthening NRI portfolios.

Nifty companies have reported stronger-than-expected first quarter earnings results. Profits for index constituents have risen eleven percent year on year. Reliance Industries and SBI Life Insurance received significant FY27 earnings upgrades. Bajaj Finserv and Shriram Finance also saw notable upward revisions. ICICI Bank and Nestle India are among other firms with improved forecasts.

Vedanta announced plans to demerge its real estate business into a new company. Shareholders will receive one share of Vedanta Property Platforms for every twenty shares held. This new entity will later debut on the stock exchanges, listing on BSE and NSE. The demerged real estate portfolio includes significant land and property assets across India. This move follows Vedanta’s recent five-way business split, aiming to unlock shareholder value.

Five stocks in the Nifty500 pack that gained over 5% featured in the RSI Trending Up scan on July 31 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups.

India’s stock market introduces new closing times and auction sessions starting today. Continuous trading for F&O stocks ends at 3:15 p.m. for a new auction process. Other stocks will continue trading until 3:30 p.m. while derivatives trade until 3:40 p.m. This new system aims to improve price discovery and reduce market impact. The closing price will now be determined by an equilibrium price during the auction.

James believes derivatives positioning and options data suggest traders are shifting their bullish expectations higher, with the market attempting to establish a new support base around 24,400-24,500. A decisive move above 24,800, he says, could pave the way for the benchmark index to extend its rally towards the 25,000 mark, provided banking stocks also join the advance.

Silver Storm Parks & Resorts Limited successfully concluded its initial public offering, raising ₹82.43 crore. The company’s Qualified Institutional Buyers category saw strong subscription interest. Retail and Non-Institutional Investors also participated actively in the offering. Silver Storm is expanding its attractions with a new cable car and forest village. Future plans include new snow parks in Lucknow and other destinations.

GHCL reported a thirty-two percent profit increase for the first quarter. Lower expenses helped boost net profit to Rs 191.18 crore from Rs 144.78 crore. Total income fell three point zero six percent while total expenses declined. New projects are nearing commercial operations in the second quarter of FY27. Long-term soda ash industry fundamentals remain positive for GHCL.

The Indian central securities depository’s revenue from operations meanwhile increased more than 13% YoY to Rs 293 crore during the quarter under review, from Rs 259 crore reported in the year-ago period

Maruti Suzuki reported an eleven percent profit decline in the June quarter. Rising input costs, aggravated by West Asia hostilities, impacted profitability significantly. However, net sales climbed thirty-six percent to ₹49,959 crore during the same period. Unit sales also saw a strong twenty-nine percent increase, reaching a record 682,724 cars. The company also approved four compressed bio gas projects with a budget of ₹561 crore.