After opening the day higher, the benchmark indices remained volatile as the session progressed and ended the day marginally higher.

Indian equity markets indices settled on a flat note with a positive bias on Tuesday amid cautious optimism in the Asian Markets. Investors are closely watching trade negotiations with the US ahead of President Donald Trump's July 9 tariff deadline.

At the closing bell, the BSE Sensex closed higher by 90 points (up 0.1%).

Meanwhile, the NSE Nifty closed 25 points lower (up 0.1%).

Bharat Electronics, Reliance Industries, and Asian Paints are among the top gainers today

Axis Bank, Trent, and Tech Mahindra, on the other hand, were among the top losers today.

The GIFT Nifty was trading at  25,654, higher by 53 points at the time of writing.

The BSE MidCap index ended 0.1% lower, and the BSE SmallCap index ended 0.2% lower.

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

The rupee is trading at Rs 85.7 against the US$.

Gold prices for the latest contract on MCX are trading 1.2% higher at Rs 97,305 per 10 grams.

Meanwhile, silver prices were trading 1.2% higher at Rs 106,738 per 1 kg.
 

Gabriel India Scales New Heights

In the news from auto sector, shares of Gabriel India jumped to a new all-time high and reached the 20% upper circuit on 1 July 2025, following the announcement of a comprehensive scheme of arrangement.

The plan calls for the demerger of Asia Investments' automotive ventures into Gabriel India after Anchemco India Pvt Ltd is merged into Asia Investments Pvt Ltd.

The action is a component of the group's larger plan to reach its revenue goal of Rs 5,000 bn by 2030.

Anchemco India, which produces and markets automotive consumables like brake fluid, radiator coolants, and diesel exhaust fluid, will initially merge with Asia Investments under this plan.

The agreement states that for every 1,000 shares owned by Asia Investments Pvt Ltd's promoters, Gabriel India will issue 1,158 shares. Eight times the FY25 Enterprise Value to EBITDA is the transaction's valuation.

According to Gabriel, the action is a calculated step towards operational consolidation that will allow the business to grow without taking on more debt. Additionally, it puts the company in a position to expand both domestically and internationally.
 

Apollo Hospitals Rises on Pharmacy Listing

Moving on to the news on pharma sector, the shares of Apollo Hospitals jumped 4% to a 52-week high after the company's board approved plans to separately list its pharmacy and digital health businesses within 18-21 months to unlock value.

The composite scheme of arrangement has received in-principle approval from the boards of directors of Apollo Hospitals Enterprise and Apollo HealthCo, a subsidiary of the healthcare major.

Apollo Hospitals plans to create a new entity by splitting off its pharmacy and digital health businesses. This new entity will merge with Apollo HealthCo and integrate Keimed, a large pharmaceutical wholesaler. The goal is to achieve Rs 25,000 crore in revenue by FY27.

After receiving regulatory approvals, Apollo's new company, NewCo, will list on Indian stock exchanges in 18 to 21 months. NewCo will become an Indian-owned business and purchase the remaining 74.5% of Apollo Medicals, giving it complete control over Apollo Pharmacies.

To preserve integration throughout its patient journey and healthcare services, Apollo Hospitals will keep a 15% stake in the newly formed company, NewCo, following the restructuring.

VST Tillers Reports Strong Sale Growth

Moving on to the news on auto sector, on 1 July 2025, VST Tillers Tractors Ltd., one of India's top producers of compact tractors and power tillers, announced its June 2025 sales figures. Strong performance in the power tiller segment is primarily responsible for the report's notable overall sales growth.

In June 2025, the company sold 7,149 units (power tillers and tractors combined), a remarkable 93% increase over the 3,710 units sold in the same month the previous year.

Strong demand for farm mechanisation equipment is demonstrated by the company's power tiller segment sales of 6,651 units in June 2025, more than doubling the 3,128 units sold in June 2024.

In June 2025, the company sold 498 units in the tractor segment, compared to 582 units in June 2024.

In comparison to the 7,382 units (6,089 power tillers and 1,293 tractors) sold during the same period last year, the company's total sales for the April-June 2025 quarter were 12,955 units, which included 11,701 power tillers and 1,254 tractors.

For the rest of the year, VST Tillers Tractors Ltd. expects strong sales momentum for both tractors and power tillers. The most recent statistics indicate the speed at which agricultural mechanisation is spreading throughout the nation.

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