24 stories from 1 source

Investors favor consumption as earnings split

Day’s Recap

Supporting Articles

12:32 AMEconomic Times

FIIs now backing India's consumers, not capex: July data reveals major rotation

Summary

Foreign investors returned to Indian equities in July but directed Rs 25,298 crore toward consumer services, healthcare and consumer durables. They sold heavily in capital goods, telecom and automobiles, signalling a preference for domestic consumption and defensive growth over capital expenditure-linked sectors.

The decisive shift is from India’s capex narrative toward earnings tied to household demand and

Why it matters

FII positioning is challenging the market’s capex-led leadership and could reset sector valuations.

11:50 PMEconomic Times

Will Nifty, Sensex extend losses on Monday? Middle East tensions, Q1 results and 3 other factors to steer D-St this week

Summary

Indian equities ended lower ahead of a week shaped by more than 2,000 first-quarter earnings announcements, crude prices and Middle East tensions. US nonfarm payrolls, expectations for Federal Reserve policy and foreign institutional flows will also influence the market.

The market faces competing domestic and global signals, making earnings the main test of whether

Why it matters

The week could determine whether market weakness reflects a temporary risk-off move or a broader reassessment of earnings and macro conditions.

12:13 AMEconomic Times

Hindalco posts record Q1 profit of Rs 7,013 crore as aluminium prices soar

Summary

Hindalco Industries reported record June quarter profit of Rs 7,013 crore and record sales, helped by higher aluminium prices and a recovery at Novelis. The company is prioritising projects worth Rs 50,000 crore and is assessing additional investments as prices are expected to remain supportive.

Commodity pricing and Novelis’ recovery have sharply lifted current earnings, giving Hindalco more room to

Why it matters

Hindalco’s record cash generation strengthens its expansion capacity but also increases exposure to a cyclical commodity peak.

12:28 AMEconomic Times

Titan's June quarter profit surges 63% YoY, income up 40%

Summary

Titan’s June quarter profit rose 63% year on year, while consolidated income increased 40% to about Rs 20,753 crore. Jewellery revenue excluding bullion grew 43% to Rs 18,253 crore, led by strong Akshaya Tritiya demand, while watches and EyeCare also recorded growth.

Jewellery remains the main earnings engine, and the quarter shows Titan converting festival demand into

Why it matters

Titan’s performance reinforces the strength of organised jewellery retail and its growing importance to the company’s earnings.

12:07 AMEconomic Times

SBI's Q1 profit jumps 10% YoY on loan growth, beats Street estimates

Summary

State Bank of India reported a 10% year-on-year increase in June-quarter net profit, helped by strong loan growth and a 15% rise in net interest income. The bank also plans to raise $10 billion through FCNR(B) deposits.

SBI's stronger core earnings show that loan expansion is still offsetting pressure on banking margins.

Why it matters

SBI's results support the view that credit growth remains a key earnings engine for India's largest lender.

12:21 AMEconomic Times

Ola Electric's Q1 revenue drops 45% YoY but loss narrows to Rs 336 crore

Summary

Ola Electric’s June quarter revenue fell 45% year on year to Rs 455 crore as vehicle registrations and deliveries declined. Its net loss narrowed by about 21.5% year on year to Rs 336 crore.

The narrower loss does not offset the sharper deterioration in sales and volumes. Ola’s immediate

Why it matters

Ola’s results show that improving losses are not enough if scale, registrations and market traction continue to erode.

Other Developments

A curated list of other prominent stories from this day.

7:50 AMEconomic Times

Delhivery Q1 Results: Net profit tumbles 65% YoY to Rs 32 crore, but revenue rises 28%

Summary

Delhivery's Q1 FY27 revenue rose 28% year on year to Rs 2,930.7 crore, but net profit fell 65% to Rs 31.9 crore. EBITDA declined 4% as labour, fuel and operating costs outpaced revenue growth.

Cost inflation has reversed Delhivery's operating leverage despite strong top-line expansion. The company must raise

Why it matters

Delhivery's results show that logistics growth is not translating into profits while operating costs remain elevated.

7:39 AMEconomic Times

India's resilient economy to support markets but global risks remain elevated: Sebi

Summary

India's strong consumer demand, government spending and broader economic resilience should support financial markets, according to Sebi. Geopolitical tensions and volatile commodity prices could still disrupt foreign capital flows and increase market instability.

Domestic growth remains the main buffer against a less supportive global backdrop. Foreign inflows may

Why it matters

Indian assets retain a domestic-growth advantage, but global shocks could still drive sharp swings in liquidity and valuations.

7:29 AMEconomic Times

Foreign flows into Indian bonds may remain muted despite tax relief: SBI Funds

Summary

Foreign demand for Indian government bonds is expected to remain subdued as high global yields and domestic interest rates reduce the appeal of local debt. Delayed inclusion in global bond indices and expectations of a prolonged pause by the Reserve Bank of India add to the headwinds.

Tax relief alone is unlikely to overcome the yield gap and the absence of a

Why it matters

Weak foreign demand could slow the decline in Indian borrowing costs and keep government financing more dependent on domestic savings.

7:29 AMEconomic Times

Apollo Micro Systems Q1 Results: Firm posts record June-quarter profit at Rs 25 crore; revenue surges 88% YoY

Summary

Apollo Micro Systems reported a record Q1 FY27 net profit of Rs 25.2 crore, up 43% year on year, while revenue surged 88% to Rs 251.3 crore. EBITDA increased 18% to Rs 48 crore, although margins moderated.

Defence demand and stronger execution have accelerated Apollo Micro Systems' growth, but the slower increase

Why it matters

Apollo's results reinforce the earnings opportunity for defence suppliers, while exposing the execution and margin risks that accompany rapid expansion.

7:29 AMEconomic Times

Apollo Micro Systems Q1 Results: Firm reports record Q1 profit at Rs 25 crore; revenue surges 88% YoY

Summary

Apollo Micro Systems reported a record first-quarter performance, with net profit rising 43% year over year to Rs 25.2 crore and revenue increasing 88% to Rs 251.3 crore. EBITDA reached Rs 48 crore, although the company said margins moderated.

Revenue growth substantially outpaced profit growth, indicating that execution and demand are strong but operating

Why it matters

Apollo is expanding rapidly, but maintaining margins will be crucial to converting defence-sector demand into durable shareholder returns.

6:48 AMEconomic Times

Blackstone's AGS Health files updated draft papers for $500 million India IPO

Summary

AGS Health has filed updated draft documents for an India IPO valued at about Rs 48 billion. The offering includes a share sale by Blackstone worth roughly Rs 30 billion, while the healthcare revenue-cycle management company reported a profit of Rs 2.07 billion in the last fiscal year.

The revised filing moves Blackstone closer to monetising its investment in a profitable business serving

Why it matters

The IPO could provide a high-profile exit route for private equity while testing public-market demand for specialised healthcare services.

5:14 AMEconomic Times

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Summary

BSE's derivatives contract volumes fell sharply in the first week after the Closing Auction Session, but premium per contract rose 74.8%. That increase lifted average daily premium turnover by 21.3% and raised BSE's market share to 37.1%.

The shift shows that contract counts no longer provide a reliable proxy for exchange revenue

Why it matters

BSE's improving premium turnover suggests stronger economics than headline volume data alone would indicate.

3:58 AMEconomic Times

CAS chaos splits Sensex and Nifty: How long will this last?

Summary

The Sensex and Nifty have moved in different directions, creating an unusual divergence between India’s two main equity benchmarks. The article examines the forces behind the split and whether it is likely to persist.

The divergence means index performance is being shaped more by differences in constituent stocks and

Why it matters

A widening gap between the indices can distort headline readings of market strength and complicate portfolio positioning.

3:46 AMEconomic Times

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

Summary

SBI Securities’ Sudeep Shah expects the Nifty to remain rangebound between 24,300 and 24,800, while favouring a buy-on-dips approach. He sees constructive momentum in smallcaps and identifies technical levels for Trent, Swiggy and Kalyan Jewellers, with FII short covering offering potential support.

The immediate setup favours selective buying rather than aggressive index positioning, because the Nifty lacks

Why it matters

Investors may find better opportunities in selective smallcaps, but a rangebound index raises the risk of false breakouts.

3:16 AMEconomic Times

Mukul Agrawal’s winning picks: 9 stocks rallied over 50% in CY26; one fresh Q1 addition

Summary

Mukul Mahavir Agrawal’s portfolio grew 12% to about Rs 7,720 crore by June 2026, supported by sharp gains in several holdings. Apollo Pipes, Hind Rectifiers and KRN Heat Exchanger led the advance, while Arisinfra Solutions was added during the first quarter.

The portfolio’s gains reflect strong exposure to high-growth and industrial themes, but the concentration in

Why it matters

The performance may attract fresh buying, but investors must distinguish repeatable business growth from momentum-driven portfolio gains.

3:10 AMEconomic Times

Vedanta and Infosys among 5 stocks with highest dividend yield. Check details

Summary

Vedanta leads a list of five high-dividend-yield stocks with a 12.9% yield as of July 29, 2026, followed by Gujarat Pipavav Port at 6.9%. Castrol India, TCS and Infosys also feature, but the comparison notes that investors must assess dividend sustainability, valuations and business fundamentals.

The yield gap reflects both payout levels and share prices, so Vedanta’s high figure should

Why it matters

A high yield can indicate attractive income, but it can also signal elevated business or balance-sheet risk.

2:48 AMEconomic Times

Molbio Diagnostics collects Rs 281 cr from anchor investors ahead of IPO

Summary

Molbio Diagnostics has raised Rs 281.5 crore from anchor investors ahead of its IPO, which is expected to raise Rs 904 crore to Rs 940 crore. The proceeds will fund infrastructure and manufacturing equipment, while existing shareholders will sell part of their holdings; the shares are scheduled to list on August 17.

The anchor allocation provides an early vote of confidence, but the IPO will still combine

Why it matters

The issue gives public-market investors access to a diagnostics manufacturer, but its valuation must reflect both expansion potential and shareholder dilution risk.

2:28 AMEconomic Times

Concurrent Gainers: 15 stocks that gain for 5 days in a row

Summary

Fifteen BSE 500 stocks rose in each of the five sessions from August 3 to 7. Apar Industries gained 16% over the period, followed by Welspun Corp and Authum Investment.

The streak signals concentrated short-term momentum, not necessarily a durable change in fundamentals. Investors should

Why it matters

Consecutive gains can identify market leadership, but they also increase the risk of chasing crowded trades.

2:00 AMEconomic Times

Banks or NBFCs? DSP's Preethi R S explains where she sees the best opportunities

Summary

DSP Mutual Fund's Preethi R S favours financial companies with strong deposit franchises, disciplined underwriting and reliable execution. She sees continued retail and SME credit demand, an early recovery in corporate lending and opportunities across banks, NBFCs and other financial firms.

The preference is for balance-sheet quality and execution rather than a broad bet on every

Why it matters

Financial-sector gains are likely to be uneven, rewarding institutions that can grow credit without sacrificing funding discipline or asset quality.

1:49 AMEconomic Times

Beyond the headline number: What India’s Rs 1.3 lakh crore MTF book really tells us

Summary

India’s margin trading facility book has grown nearly five-fold to more than Rs 1.3 lakh crore, reflecting stronger retail participation and deeper cash-market activity. Regulatory safeguards, including margin rules, position limits and broker controls, keep the leverage collateralised and distributed.

The key shift is scale without a corresponding increase in concentrated systemic risk. India’s framework

Why it matters

A larger MTF market can support liquidity while quietly increasing the market’s sensitivity to retail deleveraging.

1:38 AMEconomic Times

Dhoot Transmission raises Rs 918 crore from 72 anchor investors ahead of Rs 3,067-crore IPO

Summary

Dhoot Transmission has raised Rs 918 crore from 72 anchor investors ahead of its Rs 3,067-crore IPO. Domestic mutual funds received 61.27% of the anchor allocation, while the company plans to use the proceeds for debt repayment, expansion and acquisitions.

Strong anchor participation gives the IPO an initial institutional vote of confidence, led by domestic

Why it matters

The anchor mix may support the issue, but investors will judge the deal on whether fresh capital improves balance-sheet strength and growth.

1:21 AMEconomic Times

Reliance Industries, ITC among 10 stocks that saw highest buying by LIC in Q1. See full list

Summary

LIC increased its holdings in several large companies during Q1FY27, with Bharti Airtel, Maruti Suzuki and ITC among its biggest purchases, according to Prime Database data. Reliance Industries was also included among the stocks attracting increased LIC investment.

LIC’s buying points to selective support for established companies across telecom, automobiles, consumer businesses and

Why it matters

LIC’s large and persistent flows can cushion heavyweight stocks and affect how the market interprets institutional conviction.

12:18 AMEconomic Times

LIC’s ₹16 lakh crore money trail: Top stock buys & biggest exits

Summary

The article examines LIC’s ₹16 lakh crore equity portfolio, focusing on the stocks where the insurer increased its holdings and those where it reduced or exited positions. It presents the institution’s latest allocation shifts across listed companies.

The important signal is not LIC’s portfolio size alone but how it is reallocating capital

Why it matters

LIC’s portfolio changes offer a read on institutional positioning in India’s largest and most liquid stocks.

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