After opening the day higher, the benchmark indices continued their upward momentum and ended the session flat.

Indian equity markets indices settled on a flat note as investors turned cautious after US Treasury Secretary Scott Bessent said that tariffs will be enforced starting August 1 for countries that haven't finalized an agreement with the Trump administration.

At the closing bell, the BSE Sensex closed higher by 9 points.

Meanwhile, the NSE Nifty closed 0.3 points higher.

HUL, Kotak Mahindra, and Asian Paints are among the top gainers today

Bharat Electronics, Ultra Tech Cement, and Tech Mahindra, on the other hand, were among the top losers today.

The GIFT Nifty was trading at  25,528 higher by 2 points at the time of writing.

The BSE MidCap index ended 0.2% lower, and the BSE SmallCap index ended 0.3% lower.

Sectoral indices were trading mixed today, with stocks in the oil & gas sector and the power sector witnessing buying. Meanwhile, stocks in the metal sector and the telecommunications 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 0.3% lower at Rs 96,636 per 10 grams.

Meanwhile, silver prices were trading 0.4% lower at Rs 107,916 per 1 kg.
 

Godrej Consumers Surges 5% Post Q1

In the news from FMCG sector, Godrej Consumers shares jumped 5% to Rs 1,253 after the company shared a positive Q1FY26 business update.

Godrej expects high single-digit growth in value and mid-single-digit growth in volume, driven by improving demand and strong performance in Home Care and international businesses.

The company anticipates double-digit value and volume growth in the Home Care segment, which has maintained a robust, broad-based growth trajectory. Due to pricing pressures in the soaps category, the Personal Care segment saw muted growth. However, performance outside of soaps remained strong, registering double-digit UVG.

Godrej reaffirmed its goals for FY26, which include double-digit EBITDA growth, high single-digit revenue growth, and mid-to-high single-digit volume growth.

Godrej expects margin pressure in Q1FY26 but predicts improvement in coming quarters. Benefits from lower palm oil prices will likely show up in the second half of the year.

Its internation business is growing well, with GAUM expected to see double-digit growth for the second quarter in a row. Overall, the company expects double digit revenue growth driven by strong performance across markets.
 

Dabur India Shares Jumps 2% on Strong Updates

Moving on to the news from FMCG sector, shares of Dabur India surged on Monday the company announced its Q1FY26 results.

Dabur India reported that the FMCG sector saw a recovery in demand during the quarter, with volume growth picking up, especially in urban markets.

The consumer goods player also stated that it anticipates revenue growth to pick up speed and trend higher in the upcoming quarters due to the company's updated strategic vision and favourable macroeconomic conditions, including an above-average monsoon, strong agricultural output, declining inflation, and government policies that prioritise consumption.

The company remained confident in its business fundamentals and will keep investing in brands, expanding contribution and improving efficiency to drive revenue and profit growth.

Dabur's home and personal care division will be driven by strong growth in oral, home, and skin care categories, with brands like Gulabari and Dabur Red Toothpaste gaining market share.

It is anticipated that the company's healthcare brands, including Dabur Honey, Hajmola, Dabur Honitus, and Dabur Health Juices, will experience strong double-digit growth.

Nykaa Shares Rise on Q1 Updates

Moving on to the news from e-commerce sector, shares of Nykaa saw a jump over 2% after the company posted its Q1FY26 business update.

FSN E-Commerce Ventures Nykaa's parent company reported a strong start to FY26. Its Q1 net revenue is expected to grow around mid-20%, slightly on the lower side.

As a result of the recent quarters' consistent growth momentum, the Gross Merchandise Value (GMV) growth is anticipated to surpass the mid-20% mark. The total value of goods sold through e-commerce platforms is referred to as GMV.

Despite some difficulties during the Flagship Sale because of geopolitical concerns, Nykaa's Beauty segment is anticipated to grow significantly. Strong performance in every aspect of the business, including online sales, physical stores, and brand alliances, that's what is driving the expansion.
 

JP Power's Shares Surges 18% Post-AGM

Moving on to the news from power sector, shares of Jaiprakash Power Venture rose 18% after its AGM boosted investors confidence. The shares also gained from reports that Adani Group might acquire Jaiprakash Associates.

A loan default of Rs 570 billion (bn) has put Jaiprakash Associates in insolvency proceedings. According to reports, the Adani Group, headed by Gautam Adani, has made the highest bid of Rs 140 bn to acquire the company.

Jaiprakash Associates (JAL) owns 24% of Jaiprakash Power Ventures. The company held its AGM, where shareholders approved key proposals.

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