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Sensex Today Trades Higher | Nifty Above 24,500 | Metal Stocks Shine
Mon, 3 Aug 10:30 am

Sensex Today Trades Higher | Nifty Above 24,500 | Metal Stocks ShineImage source: phive2015/www.istockphoto.com

Asia-Pacific markets opened lower on Monday, with major indices trading in the red.

US stock futures traded higher on Sunday evening as investors looked ahead to the July employment report and a packed earnings calendar in the first week of August. Wall Street ended Friday's session on a positive note.

Here's a table showing how US stocks performed on Friday:

Stock/IndexLTPChange ($)Change (%)Day HighDay Low52-Week High52-Week Low
Alphabet356.6522.976.88%358.88339.16404.44188.7
Apple308.91-24.52-7.35%310.69300344.57201.5
Meta556.7117.683.28%558.33540.22796.25520.26
Tesla311.212.360.76%315.5301.97498.82297.38
Netflix71.71-1.46-2.00%72.7571.11126.7165.1
Amazon271.5836.0815.32%273.23262.01278.56196
Microsoft464.7213.623.02%466.84449.33553.72349.2
Dow Jones52485.03276.970.53%52623.1451996.3253289.343340.68
Nasdaq28274.2167.850.60%28606.7827954.2430762.222673.88
Source: Equitymaster

At present, the BSE Sensex is trading 492 points higher, and NSE Nifty is trading 146 points higher.

You can also visit our live blog section for real-time updates and deeper insights into the market.

Indigo, ITC and Tata motors Passenger vehicle among the top gainers today.

Sun Pharma, Cipla and ONGC on the other hand is among the top losers today.

For a comprehensive overview of key players in the financial sector, check out list of Fin Nifty Companies.

For impact of the Bank Nifty companies and comprehensive overview of the index, check out Equitymaster's Bank Nifty Companies list.

The BSE 150 Midcap index is trading 0.4% higher and the BSE 250 SmallCap index is trading 0.8% higher.

Baring consumer durable sector all other sectoral indices are trading positive today with stocks in metal sector and FMCG sector witnessing buying.

The rupee is trading at Rs 95.16 against the US dollar.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

Speaking of stock markets, Rahul Shah, Research Analyst at Equitymaster, highlights the risks of rising valuations as investor money continues to flow into popular stocks and index funds.

He emphasizes that while passive investing is effective, investors should not ignore valuations, as even great assets can become poor investments when bought at excessive prices.

Watch the video below to know more.

ITC Q1FY27 Performance

Shares of Tata ITC came into focus after the company reported its Q1 FY27 results.

ITC Ltd reported a 27% year-on-year decline in net profit to Rs 35.8 billion for the quarter ended June 30, 2026, compared with Rs 51.1 bn in the corresponding quarter last year.

Revenue from operations increased 28% year-on-year to Rs 269.4 bn, up from Rs 216.9 bn a year earlier.

At the operating level, EBITDA declined 27.9% to Rs 45.1 bn from Rs 62.6 bn in the year-ago period. EBITDA margin contracted to 26.7%, compared with 31.7% in the corresponding quarter last year.

BEL Bags Another Major Defence Contract

Shares of Navratna defence PSU Bharat Electronics Ltd. (BEL) are likely to remain in focus on Monday, 3 August 2026, after the company announced fresh order wins worth Rs 8.47 bn in a post-market regulatory filing on Friday.

The new contracts, secured since BEL's previous disclosure on 13 July 2026, cover the supply of electro-optics, security operations centres, seekers, components, spares, and related services, among other products.

Earlier this month, on 13 July 2026, BEL had announced orders worth Rs 5.72 bn, including communication equipment, avionics, encryptors, tank sub-systems, electronic voting machines (EVMs), batteries, components, upgrades, spares, and associated services.

Bharat Electronics Share Price Chart (Rs) - 1 Year

Maruti Suzuki Q1 FY27 Performance

Shares of Maruti Suzuki came into focus after the company reported its Q1 FY27 results.

The company's total sales volume increased 29.3% year-on-year during the first quarter, driven by a 34.1% rise in domestic small car sales, a 44.6% increase in SUV sales, and 28.6% growth in exports. Its domestic market share improved by 2.3 percentage points to 41.2%. The higher volumes were supported by the commissioning of the company's second manufacturing plant in Kharkhoda, while dealer inventory remained healthy at around 13 days at the end of the quarter.

Net sales rose 36% year-on-year to Rs 499.6 bn in Q1 FY27 from Rs 366.2 bn in the corresponding quarter last year. However, rising raw material costs, which intensified during the quarter due to the war, weighed on profitability. As a result, net profit declined to Rs 33.5 bn from Rs 37.6 bn in Q1 FY26.

The board also approved the first phase of four compressed biogas (CBG) projects with a total investment of Rs 5.6 bn. Further expansion of its CBG manufacturing business will be evaluated based on the performance of these initial projects.

You can check Indian stock market live updates daily here.

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