Stock market today: Benchmark equity indices Sensex and Nifty 50 ended on a muted note on Wednesday, August 5, after the Reserve Bank of India left the repo rate unchanged and highlighted the Indian economy’s resilience despite a slight uptick in headline CPI inflation during the first quarter of FY27 amid an uncertain global environment.
The BSE Sensex gained 152 points, or 0.19%, to settle at 78,581, while the NSE Nifty 50 edged up 10 points, or 0.04%, to close at 24,624.65.
The market is likely to open on a muted note as trends in the Gift Nifty index signalled a flat opening on Thursday, 6 August. Gift Nifty was trading near the 24,666 mark, up over 18.3 points from the previous close of Nifty futures.
“Indian equity markets are expected to trade with a constructive bias, though investors are likely to remain selective as mixed global cues temper optimism over progress toward a Middle East agreement. GIFT Nifty futures are trading in the 24,650–24,675 region, compared with the Nifty’s previous close of 24,624, pointing to a flat-to-marginally positive opening for domestic equities rather than a decisive gap-up start,” said Ponmudi R, CEO of Enrich Money.
As the market is pointing towards a positive start, some stocks are likely to remain in focus on Thursday due to their own positive/negative triggers.
Stocks to Watch
Life Insurance Corporation of India, Trent, Hero Motocorp, Emcure Pharmaceuticals, Lupin
Shares of Life Insurance Corporation of India, Trent, Hero Motocorp, Emcure Pharmaceuticals, Lupin will remain in focus as the companies will release their Q1 results 2026 today.
PB Fintech
Policybazaar’s parent company reported a consolidated profit after tax (PAT) of ₹163 crore in Q1 FY27. Its PAT margin improved to 9% in the June quarter from 6% in the corresponding period last year.
Ola Electric
Ola Electric Mobility on Wednesday said it has signed a Memorandum of Understanding (MoU) with Axis Energy to explore the deployment of up to 20 GWh of battery energy storage systems by 2032.
Cipla
Drugmaker Cipla and plant-based protein maker Rocket India have announced fresh investments worth ₹300 crore in Karnataka, while alternative asset manager Blackstone has shown interest in investing in the state’s data centres, renewable energy, and fibre-optic infrastructure.
Cummins India
The company reported a mixed performance for the June quarter, with revenue growth surpassing expectations. However, net profit declined 7.9% YoY to ₹543 crore, missing Street estimates of ₹652 crore.
JK Lakshmi Cement
The cement maker reported a net profit of ₹108 crore for the quarter ended June 30, 2026, a decline of 28.1% from ₹150 crore recorded in the same period last year.
Navin Fluorine International
The company posted a consolidated net profit of ₹243.3 crore for the quarter ended June 30, 2026, compared with ₹117.2 crore a year earlier, reflecting a sharp improvement in earnings.
SIS
The company reported a 9.4% YoY rise in consolidated net profit to ₹101.7 crore, while revenue climbed 29.7% to ₹4,603.6 crore, driven by strong growth in both domestic and international security operations.
Aster DM Quality Care
The company’s revenue from operations rose 21.6% YoY to ₹1,311 crore in the June quarter, up from ₹1,078 crore a year ago, aided by higher patient footfalls and improved performance across its hospital network.
Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.
