Markets at Noon: Sensex and Nifty Dip as Printing & Stationery Sector Leads Losses

1 min read     Updated on 05 Aug 2025, 12:01 PM
scanxBy ScanX News Team
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Overview

Indian markets show a slight downturn with Nifty at 24,624.15 (-0.40%) and Sensex at 80,675.32 (-0.42%). Printing & Stationery sector leads losses (-2.67%), while Cables sector tops gains (2.08%). Godfrey Phillips India surges 10% on strong Q1 results and bonus share announcement. XTGlobal Infotech rises 13.27% on improved Q1 performance. Globus Spirits and Triveni Turbines face losses despite positive news.

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*this image is generated using AI for illustrative purposes only.

Market Overview

As of midday, Indian markets are showing a slight downturn. The NSE Nifty 50 is trading at 24,624.15, down 98.60 points or 0.40% from its previous close. Similarly, the BSE Sensex stands at 80,675.32, reflecting a decline of 343.40 points or 0.42%.

Sectoral Performance

Top Losing Sectors

Sector Change (%)
Printing & Stationery -2.67%
Diamond, Gems and Jewellery -1.19%
Logistics & Cargo -1.14%
Diversified -0.85%

Top Performing Sectors

Sector Change (%)
Cables 2.08%
Castings, Forgings & Fasteners 1.65%
Trading 1.16%

Buzzing Stocks

  1. Godfrey Phillips India Ltd: The stock is up 10.00% at Rs 9,881.50. The company reported a 55.9% year-on-year increase in Q1 net profit to Rs 356 crore. The board approved a 2:1 bonus share issue and set September 16 as the record date.

  2. XTGlobal Infotech Ltd: Trading 13.27% higher at Rs 38.06, the company reported strong Q1 results with consolidated net profit after tax of Rs 373.54 lakhs, up from Rs 216.67 lakhs year-on-year.

  3. Globus Spirits Ltd: The stock is down 7.77% at Rs 1,136.60 despite reporting improved Q1 results with net profit rising to 185 million rupees from 164 million rupees year-over-year.

  4. Triveni Turbines Ltd: Trading 7.16% lower at Rs 548.10, the company launched India's first CO₂ heat pump technology and announced a record date of September 1 for a final dividend of Rs 2 per equity share.

Conclusion

The Indian markets are experiencing a mild correction at midday, with both Nifty and Sensex in the red. While the Printing & Stationery sector leads the losses, Cables emerges as the top-performing sector. Notable stock movements include significant gains for Godfrey Phillips India and XTGlobal Infotech, contrasting with losses for Globus Spirits and Triveni Turbines despite positive company news.

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