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

Indian equity markets indices, Sensex and Nift,y closed lower, deepened losses in intra-day deals on Monday, amid selling seen across sectors. IT stocks were seen trading on a weak note ahead of the US tariff deadline set to take effect later this week.

At the closing bell, the BSE Sensex closed lower by 572 points (down 0.7%).

Meanwhile, the NSE Nifty closed 156 points lower (down 0.6%)

HUL, Asian Paints, ICICI Bank among the top gainers today

Kotak Mahindra, Bharti Airtel, and HCL Tech, on the other hand, were among the top losers today.

The GIFT Nifty was trading at  24,703, lower by 139 points at the time of writing.

The BSE MidCap index ended 0.1% lower, and the BSE SmallCap index ended 1.3% lower.

Barring the utilities sector, all other sectoral indices are trading negatively today with stocks in the realty sector and telecommunication witnessing selling pressure.

The rupee is trading at Rs 86.4 against the US$.

Gold prices for the latest contract on MCX are trading 0.2% higher at Rs 98,081 per 10 grams.

Meanwhile, silver prices were trading 0.04% higher at Rs 113,101 per 1 kg.

Here are four reasons why Indian share markets are falling:

#1 India and US Hit a Roadblock in Trade Talks.

India-US trade talks are stuck, mainly over tariffs on farm and dairy products. Meanwhile, the US and EU reached a framework agreement, easing trade war concerns.

#2 Weak Q1 Performance

Kotak Mahindra Bank's stock plummeted 7.8% due to a decline in quarterly profit and asset quality issues, dragging the Nifty Bank index down and impacting the market's negative performance. The bank's non-performing assets increased, and net interest margin decreased following RBI's interest rate cuts.

#3 IT Stocks Slide

TCS announced cutting 12,000 jobs, or 2% of its workforce, due to weak demand, causing its shares to drop 1.7%. The news dragged down the Nifty IT index 1.6%, with peers like Wipro, Infosys, and HCL Tech also declining. The move may lead to execution issues and higher attrition rates in the sector.

#4 Persistent Foreign Investor Outflows

The market came under pressure as FIIs sold equities worth Rs 19.8 billion (bn) on July 25, marking their fifth straight day of selling. This selling pressure was evident, with FIIs offloading Rs 135.5 bn in the cash market the previous week, weighing on market sentiment.
 

Laurus Labs Surges to New Highs

In the news from pharma sector, shares of Laurus Lab's jumped 7% after the company reported strong Q1 FY26 results.

The company's revenue increased 31% to Rs 15.7 bn in Q1FY26 compared to Rs 11.9 bn in the same period last year.

Growing CDMO delivery uptake and sound business, fundamentals drove the expansion.

EBITDA increased 127% year over year (YoY) to Rs 3.8 bn compared to the Rs 1.7 bn recorded in the same quarter of the previous fiscal year.

Margin for the quarter stood at 24.8% during the quarter under review, supported by continuing operating leverage as against 14.3% YoY.

Because of a favourable CDMO mix and continuous process improvement efforts, gross margins remained high at 59.4%.

Laurus Labs' net profit increased 1,154% for Q1 FY26 at Rs 1.6 bn in contrast to Rs 0.1 bn a year ago.

The company's CEO, said CDMO business and pipeline projects drove progress, with a focus on execution, growth, and enhancing capabilities, and remains confident in the company's strategy for long-term value creation.

In addition, Laurus Labs was granted 531.77 acres of land in the Anakapalli district by the Andhra Pradesh government on Sunday for the establishment of its new plant. Pharmaceutical products will be manufactured at the new facility.
 

Orient Cement's Profit Soars in Q1

Moving on to the news from cement sector, Orient Cements reported strong Q1 FY26 results.

The company's operating revenue increased by 24.4% to Rs 8.6 bn compared to Rs 6.9 bn during the same period of the previous fiscal year.

EBITDA increased by 88.9% to Rs 1.8 bn in the first quarter of this fiscal year compared to Rs 0.9 bn in the same period last fiscal year. In the reporting quarter, the EBITDA margin was 21%, up from 13.8% during the same period in the prior fiscal year.

In the June quarter, Orient Cement's total expenses increased by 12.4% to Rs 7.2 bn. In the June quarter, its total revenue, which includes other revenue, increased by 23.7% to Rs 8.6 bn.

Orient Cement's net profit jumped 458% to Rs 2.1 bn in Q1 2025, compared to Rs 0.4 bn in the same quarter last year.

Adani Group acquired 46.80% of the company's shares and now holds a total of 72.66% stake after an open offer.

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