Mumbai: The Indian equity market witnessed a sharp downturn on August 1, 2025, as benchmark indices closed in the red, weighed down by broad-based profit booking and weak global cues. The Nifty 50 index declined by 203.00 points or 0.82% to settle at 24,565.35, retreating from an intraday high of 24,784.15 and a low of 24,535.05.
🔻 Market Overview: Indices Decline Across the Board
Alongside Nifty 50, the broader indices also experienced significant losses:
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Nifty Next 50 closed at 66,192.80, down 903.35 points (-1.35%) -
Nifty Financial Services dropped 157.45 points (-0.59%) to 26,492.50
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Nifty Bank declined 344.35 points (-0.62%), ending at 55,617.60
Nifty Next 50 closed at 66,192.80, down 903.35 points (-1.35%)The Nifty 50 opened the session at 24,734.90 but could not sustain higher levels amid persistent selling pressure from institutional investors and muted global sentiment.
📈 Top Gainers: Select Midcaps Outperform
Despite the overall bearish sentiment, several stocks bucked the trend and posted strong gains:
| Symbol | LTP | Change (₹) | % Change | Volume (Lakh) | Value (₹ Cr) |
|---|---|---|---|---|---|
| HESTERBIO | 2,160.00 | 210.80 | +10.81% | 3.64 | 81.52 |
| KIOCL | 363.60 | 45.70 | +14.38% | 233.29 | 839.51 |
| JAYBARMARU | 85.70 | 11.09 | +14.86% | 10.93 | 9.11 |
| ARFIN | 37.66 | 3.42 | +9.99% | 3.35 | 1.25 |
| CROWN | 170.90 | 14.21 | +9.07% | 0.28 | 0.45 |
These counters saw investor interest amid favorable earnings reports, business developments, and sector-specific tailwinds.
📉 Top Losers: Housing, Agrochem Stocks Plummet
On the flip side, several counters experienced steep sell-offs:
| Symbol | LTP | Change (₹) | % Change | Volume (Lakh) | Value (₹ Cr) |
|---|---|---|---|---|---|
| SPAND-RE | 24.12 | -16.08 | -40.00% | 1.79 | 0.43 |
| MUFTI | 132.02 | -33.01 | -20.00% | 25.81 | 35.84 |
| PNBHOUSING | 811.15 | -170.05 | -17.33% | 329.32 | 2,717.25 |
| DHANUKA | 1,623.00 | -287.20 | -15.04% | 9.44 | 163.30 |
| MAHLOG-RE | 41.00 | -6.10 | -12.95% | 2.44 | 1.04 |
Particularly, PNB Housing Finance recorded high volumes and sharp declines after investor concerns over asset quality and possible revaluation.
💼 Sectoral Outlook and Market Sentiment on August 1
Sectoral indices largely mirrored the headline indices, with banking, realty, and financial services under pressure. Analysts attribute the downturn to:
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FII outflows amid global tightening expectations
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Weak corporate earnings from key sectors
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Prevalent caution ahead of RBI policy review next week
The volatility index (India VIX) saw a marginal rise, reflecting heightened investor anxiety.
📌 Conclusion: Short-Term Correction or Deeper Pullback?
While today’s fall suggests short-term profit booking, market experts advise caution due to global macroeconomic uncertainties and domestic monetary policy decisions. However, select midcaps showing strength may offer trading opportunities in the near term.
Investors are advised to keep a close eye on corporate earnings announcements and global bond yield movements in the coming sessions.
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