After opening the day lower, the benchmark indices continued their downward momentum, ended the session in the red.

Indian equity markets indices, Sensex and Nifty, ended lower today, weighed down by mixed Q1 earnings and fresh global concerns after US President Donald Trump threatened steep tariffs on India.

At the closing bell, the BSE Sensex closed lower by 308 points (down 0.4%).

Meanwhile, the NSE Nifty closed 73 points lower (down 0.3%).

Maruti Suzuki, Trent, and Bharti Airtel are among the top gainers today.

Adani Ports, Reliance Industries, and Infosys, on the other hand, were among the top losers today.

The GIFT Nifty was trading at  24,72,5, lower by 59 points at the time of writing.

The BSE MidCap index ended 0.1% lower, and the BSE SmallCap index ended 0.3% lower.

Sectoral indices are trading mixed today, with stocks in the oil & gas sector and the IT sector witnessing selling pressure. Meanwhile, stocks in the auto sector and the power sector witnessed buying.

The rupee is trading at Rs 87.0 against the US$.

Gold prices for the latest contract on MCX are trading 0.5% lower at Rs 100,700 per 10 grams.

Meanwhile, silver prices were trading 0.02% lower at Rs 112,219 per 1 kg.
 

Inox India Posts Strong Q1 Results

In the news from Industrial sector, shares of Inox India are in focus after the company posted its Q1 FY26 results.

The company's operating revenue climbed from Rs 2.9 billion (bn) to Rs 3.4 bn, a 14.6% increase from the previous year.

Operating-wise, EBITDA increased 8.9% to Rs 0.76 bn in the first quarter of this fiscal year compared to Rs 0.7 bn in the same period last year. In Q1FY25, the EBITDA margin was 23.6%; it now stands at 22.5%.

The company reported export revenue of Rs 1.9 bn for the first quarter, accounting for 56% of its total revenue, reflecting strong international demand for its cryogenic solutions.

The company received Rs 4.2 bn in order inflows during the quarter, increasing its total order book to Rs 14.6 bn.

INOX India Ltd.'s net profit rose 16.1% to Rs 0.6 bn in Q1 FY26, up from Rs 0.5 bn in the same quarter last year.

Strong orders, increased demand for high-purity gases, and robust exports drove the notable growth of INOX India's industrial gases segment, which accounted for 48% of Q1 revenue.

The introduction of India's first ultra-high-purity ammonia ISO tank container, which is essential for the solar and semiconductor industries, was an important achievement.
 

GPT Infrastructure Announces Q1 Results

Moving on to the news from infrastructure sector, shares of GPT Infrastructure are in focus after the company reported its Q1 FY26 results.

Operating revenue increased by 29.3% year over year to Rs 3.1 bn, as the infrastructure segment continued to drive growth.

The segmental mix and input cost dynamics, however, caused the EBITDA margin to come in at 12%, which was marginally less than 13.2% in the same period last year.

Strong performance in the company's core infrastructure vertical, which generated Rs 2.9 bn or 92% of revenue during the quarter, helped to support the earnings.

Additionally, the segment outperformed the internal EBITDA hurdle rate, demonstrating strong operational effectiveness. The sleeper segment generated Rs 0.1 bn, with African operations remaining quiet and Indian operations continuing to do well.

With new inflows totalling ?396 crore this year, including extensions of current contracts, GPT Infra's order book currently stands at Rs 35.6 bn.

GPT Infraprojects Ltd.'s net profit jumped 81.7% to Rs 0.3 bn in Q1, compared to Rs 0.02 bn in the same quarter last year.

The company also announced its first interim dividend of Rs 1 per share, with the record date set for 11 August 2025.
 

Azad Engineering's Q1 Profit Jumps Higher

Moving on to the news from industrial sector, shares of Azad Engineering surged 7% after the company reported its Q1 FY26 results.

EBITDA increased 50% to Rs 0.5 bn, while revenue increased 39.2% to Rs 1.4 bn. In a regulatory filing, the company stated that its operating margin increased to 35.9% from 33.2% the previous year.

With consumption expenses as a percentage of sales falling to 12.1% in Q1 FY26 from 15.6% in Q1 of the previous year, the Hyderabad-based precision engineering company credited the margin gains to a favourable product mix.

Due to capacity expansion, ramp-ups for new facilities, and annually salary hikes, employee expenses increased during the quarter. As a result of recent capacity additions, depreciation costs also rose.

Due to foreign exchange losses and loans taken out in Q3 and Q4 of FY25, finance costs increased. According to the business, the rise in borrowing costs was consistent with its expansion goals.

Azad Engineering's net profit rose 73.7% to Rs 0.3 bn in Q1, driven by strong revenue growth and higher operating margins.

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