Although the benchmark indices opened higher, they traded positively throughout the session and ultimately closed green.
Indian equity benchmark indices, Sensex and Nifty50, extended gains to the fourth session as realty, auto, oil and gas stocks supported.
At the closing bell, the BSE Sensex closed 521 points higher (up 0.7%)
Meanwhile, the NSE Nifty closed 159 points higher (up 0.6%)
Bharti Airtel, Sun Pharma, HCL Tech were the top gainers today.
SBI, Axis Bank, Kotak Mahindra on the other hand, were among the top losers today.
The GIFT Nifty was trading at 24,492 with 137 points higher at the time of writing.
The BSE 150 Midcap index is trading 0.4% higher and the BSE 250 SmallCap index is trading 0.3% higher.
Sectoral indices were trading mixed today with healthcare sector and IT sector witnessed selling pressure. Meanwhile, stocks in realty sector and auto sector witnessed buying.
The rupee is trading at Rs 95.3 against the US$.
Gold prices for the latest contract on MCX are trading 0.4% lower at Rs 1,46,776 per 10 grams.
Meanwhile, silver prices were trading 0.3% lower at 2,36,695 per 1 kg.
Prestige Expands Hospitality with Advent Stake
Realty firm Prestige Estates Projects Ltd has acquired a 50% stake in Advent Convention and Hotels International Ltd (ACHIL) for Rs 5,040 million (m) as part of its expansion strategy.
According to a regulatory filing dated July 3, the Bengaluru-based developer has entered into an investment agreement to acquire the stake in ACHIL, which is developing a commercial project in Andheri East, Mumbai.
Prestige Estates and ACHIL will jointly develop the project on a land parcel measuring 21,978.22 square metres. The development is planned with a total leasable area of 1.50 million sq ft and an estimated gross development value of Rs 45,000 m.
Prestige Estates will invest up to Rs 5,040 m to acquire the 50% stake in ACHIL.
Prestige Estates Projects is one of India's leading real estate developers, with a portfolio spanning residential, commercial, retail and hospitality projects.
Bandhan Bank Reports Strong Q1 Deposit Growth
Bandhan Bank shares came into focus after the lender reported a 6.6% year-on-year (YoY) increase in total deposits to Rs 1,648.9 billion as of June 30, 2026, compared with Rs 1,546.7 billion a year earlier.
On a sequential basis, total deposits declined 0.9% from Rs 1,663.4 billion as of March 31, 2026.
Bulk deposits stood at Rs 429.3 billion at the end of the June quarter, down 12.7% YoY and 2.0% quarter-on-quarter (QoQ).
The retail-to-total deposits ratio improved to 73.96% as of June 30, 2026, from 68.22% a year ago and 73.67% as of March 31, 2026.
CASA deposits rose 15.8% YoY to Rs 484.8 billion, although they edged down 0.6% QoQ. The CASA ratio improved to 29.40%, compared with 27.06% a year earlier and 29.31% in the preceding quarter.
Loans and advances (on book plus PTC) increased 16.4% YoY to Rs 1,555.1 billion as of June 30, 2026, and were up 0.8% sequentially from Rs 1,542.3 billion as of March 31, 2026.
Enviro Infra Bags Uttar Pradesh EPC Contract
Enviro Infra Engineers shares came into focus after the company secured two hybrid annuity model (HAM) projects from Uttar Pradesh Jal Nigam (Rural) under the Government of India's Namami Gange Programme.
The combined engineering, procurement and construction (EPC) contract is valued at Rs 2,569.2 million.
With these orders, the company's HAM portfolio has expanded to five projects, strengthening its presence in the development and execution of long-term water and wastewater infrastructure.
The projects involve the construction of 45 MLD and 60 MLD sewage treatment plants, along with associated infrastructure, and include operations and maintenance (O&M) for 15 years. The facilities are designed as energy-efficient, self-sustaining wastewater treatment plants integrated with renewable energy solutions to enhance long-term operational efficiency.
Commenting on the development, Chairman Sanjay Jain said the projects reinforce the company's commitment to delivering sustainable, high-quality water and sanitation infrastructure under the Namami Gange Programme.
Enviro Infra Engineers is an infrastructure company focused on water and wastewater treatment solutions. It provides end-to-end EPC and O&M services across municipal and industrial segments and is expanding its presence in renewable energy, including solar, wind and energy storage.
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