On Wednesday, July 30, Indian benchmark indices closed in the positive territory, extending yesterday's gains, led by earnings-driven gains of Larsen & Toubro (L&T).
At the closing bell, the Nifty 50 ended up by 33.95 points or 0.14%, at 24,855.05. The Sensex jumped by 143.91 points or 0.18% to 81,481.86.
The rally in L&T helped lift the frontline indices, even as investors remained cautious ahead of the U.S. Federal Reserve’s policy announcement. L&T’s share price jumped nearly 5%, marking its sharpest single-day move in nearly 9 months
Investors are widely expecting the Fed to keep interest rates unchanged. Meanwhile, concerns over a potential delay in a trade agreement between India and the US continued to linger. According to reports, India may temporarily raise tariffs on select US-bound exports as it pauses new trade concessions.
On the sectoral front, 5 out of 11 key sectoral indices ended in positive territory. Meanwhile, broader indices like Midcaps and Smallcaps recorded a loss of 0.07% and 0.52%, respectively.
Among individual stocks,
The Nifty IT index closed up by 0.31% on Wednesday. Coforge and LTI Mindtree emerged as the top gainers among the Nifty IT index. On the flip side, the Nifty Realty Index was the top losing sector, with top losers being Brigade Enterprises and DLF.
The key drivers of the index gains were:
On the other hand, these stocks weighed on the index:
The broader market indices ended on a Negative note. The Mid-cap 100 index closed down by 0.07% and the Small-cap 100 index declined by 0.52%.
As of July 30, 2025, the market breadth was slightly in favour of advancing stocks. Out of 3,057 stocks traded on the NSE, 1,508 advanced, 1,465 declined, and 84 remained unchanged.
A total of 85 stocks touched their 52-week highs, while 35 hit their 52-week lows. Additionally, 94 stocks were locked in their upper circuits, whereas 26 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not an investment advice.