After opening the day lower, the benchmark indices continued their upward momentum and ended the session in the green.

Indian equity markets indices settled lower as investors remained cautious on the looming July 9 deadline to impose US President Donald Trump's tariffs.

At the closing bell, the BSE Sensex closed higher by 193 points (up 0.2%).

Meanwhile, the NSE Nifty closed 55 points higher (down 0.2%).

Bajaj Finance, Infosys, and UltraTech Cement are among the top gainers today

Trent, Tata Steel, and Tech Mahindra, on the other hand, were among the top losers today.

The GIFT Nifty was trading at  25,543 higher by 48 points at the time of writing.

The BSE MidCap index ended 0.2% higher, and the BSE SmallCap index ended 0.2% higher.

Sectoral indices were trading mixed today, with stocks in the oil & gas sector and the realty sector witnessing buying. Meanwhile, stocks in the metal sector and telecommunication sector witnessed selling pressure.

The rupee is trading at Rs 85.4 against the US$.

Gold prices for the latest contract on MCX are trading 0.2% higher at Rs 96,893 per 10 grams.

Meanwhile, silver prices were trading 0.2% lower at Rs 108,073 per 1 kg.
 

Marico Surges on Strong Q1 Updates

In the news from the FMCG sector, shares of Marico Ltd. surged more than 4% despite a sluggish market sentiment on Friday as investors were impressed by the company's business update for the quarter that ended 30 June 2025.

The company saw steady demand, with rural markets getting better and urban areas staying strong. They expect things to keep improving due to lower inflation, good monsoons, and government support.

After accounting for ml-age changes, parachute volumes remained strong despite a slight decline during the period of high input cost inflation. Price reductions following the removal of import duties helped Saffola Oils achieve mid-single-digit volume growth and revenue growth in the high twenties.

Consolidated revenue increased year over year in the low twenties. The company kept its investments in brand-building even as cost inflation and a high base put pressure on gross margins. Marico is still committed to long-term, volume-driven growth and anticipates a rebound in margins in the second half.

Marico expects its India sales volume to keep improving and reach a high point, even better than the 7% growth seen in the previous quarter. Despite slow demand, the company is sticking to their goal of double-digit growth.
 

Bajaj Housing Finance Q1 Disbursals Surge

Moving on to the news from finance sector, shares of Bajaj Finance Housing surged 2% after the company posted its strong Q1FY26 results.

Gross disbursement rose 22% year-on-year (YoY) to Rs 146 billion (bn) compared to Rs 120 bn in the same period last year.

As of 30 June 2025, the company's assets under management (AUM) were valued at around Rs 1,200 bn, a 24% YoY increase from Rs 970.1 bn the previous year. Over the duration of the quarter, AUM increased by almost Rs 57.2 bn. The loan assets (asset receivables) of BHFL increased to Rs 1,060 bn from Rs 852.8 bn during the same time last year, indicating an ongoing rise in demand for home loans and portfolio growth.

Bajaj Housing Finance was established in 2008 and has been providing mortgage loans since 2015. It is a non-deposit-taking Housing Finance Company (HFC) that has been registered with the National Housing Bank (NHB) since 2015.

Arisinfra's Subsidiary Bags Big Project Deal

In the news from construction sector, shares of Arisinfra jumped 6% after its subsidiary ArisUnitern RE Solutions won a big project in Bengaluru.

This project is expected to add Rs 1 bn to their order book.

The Rs 1 bn project, which covers about 21.9 acres in Shingadi Kadirenahalli Village, includes end-to-end services like lender coordination, sales and marketing, project management, and material supply. The agreement will be carried out over a 48-month period, with effect from July 3, 2025. As Arisinfra continues to expand its presence in the real estate services industry, the agreement reflects a critical turning point.

This deal helps Arisinfra work more closely with developers and contractors, securing more material supply deals and service revenue, while also growing its reach.

Arisinfra Solutions Limited is a one-stop shop for real estate and infrastructure projects, providing a wide range of construction materials such as steel products (GI pipes, MS wire, TMT bars), aggregates (soil, sand), cement (OPC bulk and bags), walling solutions (wall putty, solid and AAC blocks), and standard Ready-Mix Concrete.

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