Sensex Nifty Live Updates July 28: Benchmarks Decline Amid Broad-Based Weakness

Indian markets ended lower on Monday, dragged down by sharp losses in financial and IT stocks. The Nifty 50 slipped 0.63% to close at 24,680, while the Sensex declined 0.70% to settle at 80,891. Heavyweights like Kotak Mahindra, Bajaj Finance, and Wipro led the selloff, even as gains in Shriram Finance, Cipla, and Hero Motocorp offered limited support. Asian market cues were mixed—Japan’s Nikkei fell 1.10%, while the Hang Seng and Shanghai Composite posted modest gains. European indices were trading higher mid-session.

Stock Market Highlights, July 28:

• Indian Markets Slip on Selling Pressure The Nifty 50 fell 0.63% to 24,680, while the Sensex dropped 0.70% to close at 80,891. Heavyweights like Kotak Mahindra (-7.44%) and Bajaj Finance (-3.64%) led the losses.
• Shriram Finance, Cipla Shine Among Gainers: Despite the overall weakness, Shriram Finance (+2.86%) and Cipla (+2.58%) stood out as top gainers, followed by Hero Motocorp and HUL.
• Global Markets Mixed: US indices closed higher, with the Nasdaq gaining 1.02%. In Asia, Nikkei slid 1.10%, while Hang Seng rose 0.68%. European markets traded positive in the mid-session.

Stay informed with our in-depth look at what’s driving the stock market tomorrow.

Top Gainers:

Top Losers:

Indian Market Closing Cues:

Asian Markets: 

European Market Mid-Session Update:

U.S. Markets Live Today

Stocks to Watch Today:

Here are the top stocks to watch today following their latest earnings and key business updates.

Key Earnings on July 28:

Bharat Electronics, Adani Total Gas, Motherson Sumi Wiring India, Piramal Pharma, RailTel Corporation of India, Torrent Pharmaceuticals, IndusInd Bank, Adani Green Energy, CarTrade Tech, Bajaj Healthcare, NTPC Green Energy, JK Paper, Quess Corp, Waaree Energies, Nippon Life India Asset Management, Mazagon Dock Shipbuilders, Vijaya Diagnostic Centre, Gail (India), and KEC International are scheduled to announce their quarterly results on 28 July.

TCS

Tata Consultancy Services (TCS), the country’s largest IT services provider, will remain in the spotlight as it plans to reduce its global headcount by around 2%, amounting to nearly 12,261 employees. The bulk of the layoffs are expected to affect staff at the mid- and senior-management levels.

Kotak Mahindra Bank

Kotak Mahindra Bank reported a sharp 47.5% decline in quarterly net profit, which came in at ₹3,281.7 crore compared to ₹6,249.8 crore in the previous year. However, net interest income saw a modest uptick of 6.1%, rising to ₹7,259.3 crore from ₹6,842.4 crore.

NTPC Green Energy

NTPC Green Energy has signed a Memorandum of Understanding (MoU) with Bihar State Power Generation Company Ltd (BSPGCL). The collaboration aims to jointly develop renewable energy projects and battery energy storage systems across the state.

Central Depository Services (India)

CDSL recorded a 23.6% year-on-year fall in net profit for Q1 FY26, posting ₹102.4 crore compared to ₹134 crore in the same period last year. The company also reported a decline in its EBITDA for the quarter.

SBI Cards and Payment Services

SBI Cards posted a 6.5% drop in net profit, which stood at ₹556 crore against ₹594.5 crore a year earlier. On the other hand, net interest income improved by 13.8%, reaching ₹1,680.3 crore compared to ₹1,476.5 crore in the prior year.

FII/DII Trading Activity

*As of 09:35 IST

This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.