Markets Dip at Midday: Nifty and Sensex Down, Cables Sector Shines
By ScanX News Team
Indian markets are trading in negative territory at midday on July 31, 2025. The Nifty 50 is down 0.27% at 24,788.75, while the BSE Sensex has declined 0.30% to 81,241.16. The Cables sector leads gainers with a 2.95% increase, while Printing & Stationery underperforms at -2.33%. Buzzing stocks include Greaves Cotton Ltd (+13.99%) and HEG Ltd (+11.78%) on positive news, while Greenpanel Industries Ltd (-8.20%) faces GST intelligence searches. Overall market sentiment appears cautious with mixed sectoral performance.
*this image is generated using AI for illustrative purposes only.
Market Overview
As of midday on July 31, 2025, Indian markets are trading in negative territory. The Nifty 50 is currently at 24,788.75, down 66.30 points or 0.27% from its previous close. Similarly, the BSE Sensex stands at 81,241.16, showing a decline of 240.70 points or 0.30%.
Sectoral Performance
Top Performing Sectors
| Sector | Avg. Per Change |
|---|---|
| Cables | +2.95% |
| Diamond, Gems and Jewellery | +0.69% |
| Transport | +0.53% |
| Beverages | +0.49% |
| Forest Materials | +0.43% |
Underperforming Sectors
| Sector | Avg. Per Change |
|---|---|
| Printing & Stationery | -2.33% |
| Engineering Services | -1.66% |
| Logistics & Cargo | -1.19% |
Buzzing Stocks
Greaves Cotton Ltd (241.78, +13.99%): The company announced plans to invest ₹1,500 crore for long-term growth initiatives and reported strong growth in EV financing and exports.
HEG Ltd (597.20, +11.78%): HEG reported Q1 revenue of Rs. 612.78 crores and net profit of Rs. 71.80 crores. The company also approved a capacity expansion plan for graphite electrodes.
MSP Steel & Power Ltd (34.54, +10.00%): The company reported improved Q1 EBITDA and net profit, despite a decline in revenue.
Kaynes Technology Ltd (6151.00, +9.10%): Kaynes Tech acquired August Electronics in Canada and announced plans to expand into OSAT and HDI PCBs.
Greenpanel Industries Ltd (293.70, -8.20%): The company faced GST intelligence searches at its offices and manufacturing unit.
Ester Industries Ltd (114.90, -6.98%): Ester Industries reported Q1 revenue of Rs 27,900.51 lacs and net profit of Rs 963.64 lacs on a standalone basis.
De Nora India Ltd (903.80, -6.86%): The company reported a quarterly net profit of 32.5 million rupees, up from 28.8 million rupees in the same period last year.
Gokaldas Exports Ltd (839.00, -5.75%): The company faces potential impact from newly announced US tariffs on Indian textile imports.
Sonata Software Ltd (391.20, -5.50%): Sonata reported consolidated Q1 revenue of Rs 2,965.2 crores, up 13.3% quarter-on-quarter, and secured $456 million in deal wins.
Conclusion
As the trading session reaches its midpoint, the Indian markets are showing a slight downward trend. While the overall market sentiment appears cautious, specific sectors like Cables and Diamond, Gems and Jewellery are outperforming. Investors are closely watching developments in individual stocks, particularly those affected by recent financial results and strategic announcements.
15
