Sensex Today Ends 419 Points Higher; Nifty Above 24,700

After opening the day higher, the Indian benchmark continued the momentum as the session progressed and ended the day higher.

Benchmark indices Sensex and Nifty50 ended higher today, supported by ongoing Q1 earnings and the start of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting, which will conclude on 6 August 2025.

At the closing bell, the BSE Sensex closed higher by 419 points (up 0.5%).

Meanwhile, the NSE Nifty closed 157 points higher (up 0.5%).

Adani Ports, Tata Steel, and Hero MotoCorp are among the top gainers today.

ONGC, ICICI Bank, and Apollo Hospital, on the other hand, were among the top losers today.

The GIFT Nifty was trading at 24,785, up by 186 points at the time of writing.

The BSE MidCap index ended 1.1% higher, and the BSE SmallCap index ended 0.8% higher.

Barring the FMCG sector and the banking sector, all other sectoral indices were trading higher on Monday, with stocks in the metal sector and realty sector witnessing buying.

The rupee is trading at 87.7 against the US$.

Gold prices for the latest contract on MCX are trading 0.8% higher at Rs 100,504 per 10 grams.

Meanwhile, silver prices were trading 1.4% higher at Rs 111,763 per 1 kg.
 

Why Auto Stocks are Rising

In news from the auto sector, auto stocks bounced back sharply on 4 August 2025, driven by strong July sales figures and robust Q1 earnings, reigniting investor interest. The rally pushed the Nifty Auto index up over 1.5%, making it the top-performing sectoral index of the day.

This rebound comes after a three-day decline triggered by US President Donald Trump's announcement of a 25% tariff on Indian goods. The index had slipped nearly 2% over that period, but today's gains helped recover much of that ground.

Hero MotoCorp led the rally, jumping 3.4% to Rs 4,458 after reporting July sales of 4.5 lakh units, a 21% increase year-on-year.

TVS Motor rose over 3% to Rs 2,954 following its Q1 FY26 results on 31 July. The company posted a 35% YoY rise in net profit to Rs 7.8 bn, with operating EBITDA climbing 32% to Rs 12.6 bn.

Eicher Motors and Ashok Leyland also saw gains of over 2% each, backed by July sales growth of 31% and 4%, respectively.
 

MCX Jumps 5% Today. Here's why

Moving on, the shares of Multi Commodity Exchange of India (MCX) gained more than 5% on August 4 after the company's Q1 earnings and stock split announcement boosted investor sentiment.

The sharp rise in the share price rippled down to the other capital market stocks as well, pushing the sectoral index higher by nearly 2%.

The Nifty Capital Markets index hit an intraday high of nearly 4,380 in the morning. MCX led the gains, while CDSL, Aditya Birla Sun Life AMC, CAMS and Anand Rathi Wealth Management shares followed, rising up to 3%.

MCX on 1 August reported a net profit of Rs 2 bn for the April-June quarter of the financial year 2026.

This marks an 83% on-year jump from the Rs 1.1 bn net profit reported in the corresponding quarter of the previous financial year.

The firm's revenue from operations meanwhile grew 59% on-year to Rs 3.7 bn in Q1 FY26. It had earlier reported revenue from operations at Rs 2.3 bn in Q1 FY25. EBITDA meanwhile, increased to Rs 274 crore during the quarter under review.

Along with the Q1 results, MCX also announced a stock split in the ratio of 1:5 for its eligible shareholders.

This means that every single share owned by the shareholder as on the record date will be split into 5 equity shares.
 

MCX Share Price Performance - YTD


ABB India share Price is falling

Moving on to news from the engineering sector, power equipment manufacturer ABB India's shares are sharply lower by up to 6% on 4 August 2025 after the company shared a muted outlook on large orders, and said tariff-related uncertainty is weighing on private capex.

The company said its large orders were impacted by 'subdued market conditions', and the base order segment grew by 5% on year, during the June quarter.

The company reported a 20% fall in June quarter net profit at Rs 3.5 bn on forex volatility and expenses, and a revenue of Rs 31.8 bn compared to Rs 28.3 bn a year ago. The profitability was 'tempered' by forex volatility and on-offs, the company said.

The management said it is hopeful of regaining its growth trajectory in the second half of the year, as large order flow comes back on track. In segments such as data Centre, renewable power, infrastructure, the pipeline of orders is looking promising, ABB India said during the investor concall on 4 August.

ABB India added pharma and healthcare as the theme for the quarter and said companies in this space are adopting advanced technologies and improving their efficiency, which is adding to the orderbook.


More By This Author:

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Disclosure: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity ...

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