ensex Today, Nifty 50 | Stock Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 7 August 2026
Brent crude futures rose for a third consecutive session, climbing above $83 a barrel on concerns over shipping through the Strait of Hormuz after Iran, working with Oman, proposed restrictions on vessels deemed hostile.
Earnings will remain in focus, with State Bank of India, Titan Company, and Hindalco due to report quarterly results later in the day.
Markets ended Thursday’s session on a flat note, with the headline indices masking a sharper story beneath the surface, a nearly 3 per cent surge in defence stocks and a four-session-old structural quirk that is cleaving the Sensex and Nifty apart at close. The Nifty 50 settled at 24,636, up just 11.35 points or 0.05 per cent, after oscillating in a 73-point band through the session. The Sensex, however, closed at 78,954.76, up 0.48 per cent, a gap of roughly 43 basis points between the two benchmarks that has now persisted for four straight sessions since the NSE introduced its Closing Auction Session (CAS) on August 3.
Follow our live coverage of Q1 results here
Crude oil gains as Iran plans to ban US, Israeli ships from Hormuz transit
Crude oil gains as Iran plans to ban US, Israeli ships from Hormuz transit
Crude oil prices rise as Iran plans to ban US and Israeli ships from the Strait of Hormuz, impacting global markets.
- August 7, 2026 09:54
Quarterly results
Stock in focus: Lupin trades flat despite strong Q1
Lupin shares traded flat at Rs 2395.20 on the NSE at 9.52 am after opening 1% positive at Rs 2410
Company posted standalone PAT of Rs 2714.6 crore in Q1FY27 as against Rs 2128 crore in Q1FY26.
- August 7, 2026 09:54
Gold silver
Gold Price Today | Expert Take | Manav Modi Commodities, Analyst, Motilal Oswal Financial services Ltd
Gold prices traded largely unchanged on Friday as investors balanced renewed geopolitical tensions in the Middle East against hopes for a diplomatic resolution, while awaiting the U.S. non-farm payrolls report for fresh clues on the Federal Reserve’s interest rate outlook. Iranian media reported fresh strikes on targets in the Strait of Hormuz and plans to restrict U.S. and Israeli vessels from transiting the strategic waterway, even as negotiations with Oman over reopening shipping lanes reportedly entered their final stages. Additional attacks by Yemen’s Houthi movement on Saudi-backed forces kept geopolitical risks elevated and supported safe-haven demand.
However, concerns that renewed disruptions could push oil prices higher and reignite inflation tempered gains, reinforcing expectations that the Federal Reserve may keep interest rates elevated for longer. Markets currently assign around a 60% probability of a September rate hike, while the U.S. Dollar Index remained stable near the 100 mark, offering limited direction to bullion.
Chinese demand continued to provide underlying support, with gold-backed ETFs recording 14 consecutive sessions of inflows despite softer-than-expected economic growth data, while China’s July trade surplus with the U.S. remained elevated at around $28 billion. Investors will now closely watch the U.S. non-farm payrolls report, which is expected to be the key driver for gold prices in the near term.
- August 7, 2026 09:53
Quarterly results
Indraprastha Medical Corporation Limited Q1FY27 Results
Revenue 406.15 Cr vs 365.06 Cr
(+11.26% YoY┃+11.33% QoQ)
EBITDA 79.81 Cr vs 73.15 Cr
(+9.10% YoY ┃+31.90% QoQ)
EBITDA Margin 19.65% vs 20.04% YoY & 16.59% QoQ
PBT 74.82 Cr vs 68.31 Cr
(+9.53% YoY┃+36.01% QoQ)
PAT 55.85 Cr vs 51.46 Cr
(+8.53% YoY┃+33.93% QoQ)
Other Income 8.42 Cr vs 6.90 Cr YoY & 7.33 Cr QoQ
- August 7, 2026 09:51
Stock market
Stock Market LIVE updates: IT stocks lead Nifty gains as financials bleed; West Asia, crude oil weigh on mood
IT stocks lead Nifty gains as financials bleed; West Asia, crude oil weigh on mood
Technology stocks drove the early action on the gainers’ board.
- August 7, 2026 09:42
Jefferies on Emcure Pharma: Buy, TP Rs 2320
- Strong performance across geographies led to 10%/12% revenue/EBITDA beat for Emcure.
- Domestic growth recovered QoQ at 10% YoY while intl. markets (EU/Canada/RoW) beat est by 8-24%.
- Mgt. expects to be at the upper end of FY27 guidance of low to mid-teens sales growth and 70-100bps EBITDA margin expansion.
- Growth momentum to sustain across key markets
- Raise FY27-29 EPS est. by 6%
- August 7, 2026 09:42
Quarterly results
Biocon Q1FY27: What brokerages are saying
- Mixed Q1 performance: Most brokerages say Biocon’s Q1 was below expectations, with weakness in biosimilars and research services weighing on earnings.
- Biosimilars remain the key focus: Recent launches are gaining traction, but successful execution and market share gains will be critical for improving profitability.
- H2FY27 expected to be stronger: Management expects sales and margins to improve in the second half, supported by launch scale-up, inventory build-up and better capacity utilisation.
- Profitability under watch: Analysts expect margins to improve as the investment cycle eases, though pricing pressure in biosimilars remains a concern.
- Key risks: Competitive intensity, slower-than-expected biosimilar growth and premium valuations continue to keep some brokerages cautious.
Brokerage Calls
- HSBC: Buy, TP ₹490
- Jefferies: Hold, TP ₹410
- Bernstein: Underperform, TP ₹326
- Citi: Sell, TP ₹360
- August 7, 2026 09:40
Ipo
Stock Markets LIVE: Leap India collects Rs 744 cr from anchor investors; IPO to open on August 7
Supply chain asset pooling firm LEAP India Ltd on Thursday mobilised ₹743.62 crore from a clutch of institutional investors, including Smallcap World Fund and Monetary Authority of Singapore, ahead of its initial public offering (IPO).
The company allotted 4.68 crore equity shares to 32 anchor investors at ₹159 per share, aggregating to ₹743.62 crore, according to a circular uploaded on the BSE website. Read more here
- August 7, 2026 09:39
Quarterly results
Stock in focus: Muthoot Microfin
Muthoot Microfin shares traded flat at Rs 223.32 on the NSE at 9.36 am after soaring to Rs 244.60 compared to the previous close of Rs 221.94.
Company reported PAT of Rs 81.33 crore in Q1FY27 as against Rs 6.2 crore in Q1FY26.
- August 7, 2026 09:38
Forex
Rupee Today LIVE: RBI likely intervenes to shield rupee from oil jump, traders say
RBI likely intervenes to shield rupee from oil jump, traders say
RBI intervenes in forex market to stabilize rupee amid rising oil prices and geopolitical tensions, traders report.
- August 7, 2026 09:37
Quarterly results
Aurobindo Pharma Q1FY27: Brokerage View
- Strong Q1 performance: Most brokerages say Aurobindo delivered a healthy quarter, with broad-based growth across Europe, Rest of World (RoW) and APIs, while the US business remained resilient.
- Margins remain strong: EBITDA margin stayed above 21%, supported by better gross margins, lower R&D spend and favourable product mix.
- FY27 guidance unchanged: The company reiterated its outlook for double-digit revenue growth and EBITDA margins above 21%.
- Growth drivers: Analysts are positive on respiratory launches through Lannett, new manufacturing facilities (China and Pen G), and future product launches.
- Key risks: Slower US product approvals, regulatory inspections, rich valuations and dependence on lower R&D spending and currency gains remain concerns for some brokerages.
Brokerage Calls
- HSBC: Buy, TP ₹1,900 (raised)
- Bank of America Securities: Buy, TP ₹1,800
- Goldman Sachs: Buy, TP ₹1,750
- Bernstein: Market Perform, TP ₹1,498
- CLSA: Hold, TP ₹1,600
- Citi: Sell, TP ₹1,260
- August 7, 2026 09:35
Quarterly results
Hero MotoCorp Q1 Results: PAT down 16.9% at ₹1,418 crore
Hero MotoCorp Q1 PAT down 16.9% at ₹1,418 crore
Hero MotoCorp’s Q1 profit falls 16.9% to ₹1,418 crore, despite a 23% growth in motorcycle and scooter sales.
- August 7, 2026 09:34
Stock down
Stock Market LIVE: Trent slips 2% as analysts say sales recovery key
Shares of India’s Trent fell more than 2% on Friday, as investors looked past the retailer’s stronger-than-expected quarterly profitability and focused on analysts’ view that a sustained recovery in revenue growth remains crucial for further gains. The stock was down 2.35% at 3032.91 rupees, as of 9:21 a.m. IST, a day after the Tata Group retailer reported a 22% rise in first-quarter profit, driven by margin expansion and continued rollout of its Westside and Zudio chains. (Reuters)
- August 7, 2026 09:33
Forex
Rupee falls 6 paise to 95.28 against the US dollar in early trade.
- August 7, 2026 09:33
Commodities
Crude oil futures raises to $83.49
Crude oil futures traded higher on Friday morning following reports that Iran intends to ban the US and Israeli ships from transiting the Strait of Hormuz. At 9.29 am on Friday, October Brent oil futures were at $83.49, up by 1.21 per cent, and September crude oil futures on WTI (West Texas Intermediate) were at $78.05, up by 0.98 per cent. August crude oil futures were trading at ₹7443 on Multi Commodity Exchange (MCX) during the initial hour of trading on Friday against the previous close of ₹7377, up by 0.89 per cent, and September futures were trading at ₹7363 against the previous close of ₹7295, up by 0.93 per cent.
- August 7, 2026 09:31
Quarterly results
LIC, Hero Motocorp, Britannia, Siemens Energy, Muthoot Microfin shares gain, Trent, Premier Energies decline after Q1
Follow our live updates here
- August 7, 2026 09:31
Quarterly results
SBI shares flat ahead of Q1 results today.
- August 7, 2026 09:29
Quarterly results
Trent Q1FY27: What brokerages are saying
- Strong Q1 performance: Most brokerages say Trent beat expectations, driven by higher gross margins and stronger EBITDA.
- Store expansion on track: Zudio continues to lead expansion, with FY27 store addition guidance maintained across Westside, Zudio and Star.
- Margins improve: Better gross margins and cost control prompted several brokerages to raise earnings estimates and target prices.
- Demand outlook: While demand remains healthy, analysts are watching for a stronger growth pickup in the coming quarters.
- Key risks: Geopolitical tensions, higher commodity costs and macro uncertainty could weigh on consumer demand and input costs.
Brokerage Calls
- Morgan Stanley: Overweight, TP ₹3,406 (raised from ₹3,151)
- Macquarie: Outperform, TP ₹3,600
- Bernstein: Outperform, TP ₹3,500
- HSBC: Buy, TP ₹3,390
- Jefferies: Hold, TP ₹3,435 (raised from ₹3,110)
- Citi: Sell, TP ₹2,950 (raised from ₹2,733)
- August 7, 2026 09:22
Stock market
Stock Markets LIVE: Top gainers and laggards of Nifty 50
Top gainers of Nifty 50: Tech Mahindra (+1.41%), TCS (+1.24%), M&M (+1%), HCL Tech (+0.98%), BEL (+0.58%)
Top losers: Bajaj Finance (-4.29%), Bajaj Finserv (-3.16%), Trent (-2.25%), Shriram Finance (-1.79%), Asian Paints (-0.72%)
- August 7, 2026 09:20
Stock market
Stock Market LIVE updates: Sensex, Nifty open in red
Sensex traded 344.86 pts or 0.44% lower at 78,609.90 at 9.17 am after opening at 78,516.08 from the previous close of 78,954.76. Nifty 50 declined 50.60 pts or 0.21% to 24,585.40.
- August 7, 2026 09:13
Crypto Markets Today LIVE: Expert Take | Nischal Shetty, founder, WazirX
Crypto markets remained stable despite pressure from AI stocks, higher oil prices, bond yields and a stronger US dollar. The limited decline indicated that participation remained steady, even as the environment reduced demand for risk assets.
Hopes of an agreement to reopen the Strait of Hormuz supported sentiment. However, crude oil benchmarks gained more than 1%, showing that concerns around energy supplies have not eased. For crypto, sustained oil price growth could keep inflation and interest-rate expectations elevated, limiting liquidity and momentum.
Regulatory developments in the US remained in focus. The CLARITY Act could establish clearer rules for crypto businesses and investors, supporting institutional participation. However, disagreement over an ethics clause has delayed the bill’s progress. Its approval could become a long-term catalyst, although the immediate market impact remains limited.
Crypto ETF flows remained selective as macro concerns placed pressure on Bitcoin funds. Hyperliquid ETF inflows slowed in July and early August after strong demand in May and June, while cumulative XRP ETF inflows were expected to move beyond $1.51 billion, showing continued interest in regulated digital asset exposure.
Bitcoin trades near $64,214, with its summary indicating Sell as oscillators weaken and moving averages remain mixed. RSI at 51.35 remains neutral. Support sits around $64,035-$64,060, with resistance near $64,355. On the other hand, Ethereum trades near $1,898, with a Neutral summary, Buy-leaning moving averages and an RSI of 54.52. Support lies around $1,885-$1,893, while a break above $1,900 could strengthen momentum.
BTC Futures traders could monitor the $64,035-$64,060 support zone and resistance around $64,355. Holding above support may keep positioning balanced, while a move through resistance could bring changes in open interest and funding rates. For ETH Futures traders, $1,885-$1,893 remains the nearest support area, with $1,900 as resistance. Traders should track volume and liquidation activity before responding to moves outside these levels.”
- August 7, 2026 09:08
Review
Stock Markets Today | Expert Take | Gaurav Udani – founder Thincredblu Securities
Nifty is expected to open lower around 24,535, down nearly 100 points, indicating a subdued start after the recent rally.
The index is likely witnessing some profit booking, but the broader trend remains positive as long as key support levels hold. 24,400–24,500 will be the immediate support zone, where buying interest is expected to emerge on declines.
On the upside, 24,700–24,800 remains the key resistance range. A decisive move above this zone could signal a continuation of the ongoing uptrend and pave the way for fresh highs.
The current dip should be viewed with caution rather than panic. As long as Nifty holds above the 24,400 support zone, the preferred strategy remains buy on dips, while traders should avoid aggressive short positions against the prevailing trend.
- August 7, 2026 09:03
Stock market
Stock Market LIVE Updates: Sensex down 302.26 pts or -0.38% to 78,652.50 at Pre-open
- August 7, 2026 09:02
Stock market
Stock Markets live: Nifty down 102.20 pts (-0.41%) to 24,533.80 at pre-open
- August 7, 2026 09:00
Tata Sons listing question hinges on RBI’s de-registration call
The Reserve Bank of India’s latest list of Non-Banking Financial Companies (NBFCs) in the upper layer for 2026-27 has once again put the spotlight on Tata Sons and a key question: will the holding company eventually have to list, or could it secure regulatory relief? The RBI notification retained Tata Sons in the upper layer category as a core investment company (CIC), while clarifying that its inclusion is “without prejudice” to the outcome of its de-registration application, which is still under examination. Read more here
- August 7, 2026 08:58
Quarterly results
Reliance Power Q1 Results: AT jumps 44% to ₹65 crore
Anil Ambani-led Reliance Power reported a 44 per cent year-on-year increase in consolidated net profit to ₹65 crore for the quarter ended June 30, 2026, helped by steady operating performance despite ongoing legal and financial challenges at some of its subsidiaries. Read more here
- August 7, 2026 08:57
Finance
RBI releases second NBFC upper layer list
The Reserve Bank of India’s second list of non-banking finance companies (NBFCs) in the upper layer (UL) under scale-based regulation framework has 17 entities, one more than the inaugural 2022 list. Four government-owned NBFCs have made the cut even as Tata Sons Pvt Ltd continues to be classified as an NBFC-UL.
The UL comprises NBFCs with an asset size of ₹1 lakh crore or more, warranting enhanced regulatory requirements, stricter governance norms, bank-like supervision and requirement to list publicly within three years. The four government NBFCs — REC, Power Finance Corporation, Indian Railway Finance Corporation (IRFC) and HUDCO — are in the list. Read more here
- August 7, 2026 08:56
Quarterly results
Stock in focus: Volume growth, e-commerce boost lift Britannia’s Q1 profit 14% at ₹593 cr despite cost headwinds
Biscuit-maker Britannia Industries posted a 14 per cent year-on-year rise in first-quarter net profit to ₹593 crore, aided by healthy volume growth, market share gains and strong traction in e-commerce and general trade, even as higher fuel and freight costs stemming from the West Asia conflict weighed on operations.
Volume growth, e-commerce boost lift Britannia’s Q1 profit 14% at ₹593 cr despite cost headwinds
Britannia’s Q1 profit rises 14% to ₹593 crore, driven by volume growth and e-commerce, despite rising costs.
- August 7, 2026 08:54
Finance
Stock Market LIVE: Indel Money’s arm get RBI approval to offer trade remittance services
Indel Money Ltd said its foreign exchange division, Indel Remit, has received RBI approval to offer trade remittance services. Read more
- August 7, 2026 08:46
Global bits
United States: Fed officials remain hawkish ahead of payrolls; productivity strengthened while markets increasingly expect higher rates for longer.
Philippines: Q2 GDP grew 2.3% YoY, significantly below expectations, indicating weaker economic momentum.
Japan: Household spending fell in June; government considers more GPIF investment flexibility, while April FX intervention set a record.
China: July export growth likely cooled but remains resilient; AI and robotics investment continues to accelerate.
India: Cabinet approved ₹237 bn biogas push; July fuel demand hit a 4-month high, while Parliament urged a swift US trade deal.
South Korea: Government says chances of achieving 3% GDP growth have increased sharply amid improving outlook.
Indonesia: Government to take control of the China-backed high-speed rail project; e-commerce platforms to begin collecting seller income tax from Nov. 1.
Bangladesh: Gas supplies improved after partial restart of the LNG import terminal.
Vietnam: Fitch warned banks may face pressure from aggressive government-led growth targets.
Brazil: Central bank signaled more rate cuts after the fourth consecutive reduction as inflation continues to ease.
Mexico: Central bank kept rates at 6.5% while delaying its inflation target timeline; inflation expected to fall to a six-year low.
United Kingdom: Construction downturn eased in July, though sterling traded cautiously amid Middle East uncertainty.
Germany: Industrial orders beat expectations, supported by large contracts, but underlying demand remains soft.
Ireland: Tax revenues rose 6% in the first seven months, driven by stronger income tax and VAT collections.
Nigeria: Targets up to US$50 billion in offshore oil & gas investment by 2030.
Colombia: Oil and mining sectors expect stronger investment under the incoming government if reforms advance.
Source: Reuters
- August 7, 2026 08:40
Review
Expert Take | Bitcoin | Prateek Gupta, Head of Business, Mudrex.
Bitcoin is attempting to reclaim the $65,000 level ahead of today’s US jobs report, with the market approaching a critical technical and liquidity zone. The $65,000 mark has emerged as the largest short-liquidation cluster, adding to the volatility. Institutional demand continues to grow strong, with US spot Bitcoin ETFs attracting $626 million in net inflows over the past three trading sessions. Part of these inflows is coming from investors shifting from self-custody to ETFs following the Coldcard wallet security breach. A weekly close above $65,000 could make way toward $70,000, while a close below $63,000 may expose Bitcoin to a deeper correction toward $60,000.
- August 7, 2026 08:36
Stock market
Stock Markets today LIVE: Asian shares pause for US jobs, oil extends gains on Mideast risk
Asian shares pause for US jobs, oil extends gains on Mideast risk
After bouts of volatility sparked by concerns over the durability of the AI-driven rally, investors are now squarely focused on the U.S. payrolls report due later in the day, which could prove crucial for the interest-rate outlook.
- August 7, 2026 08:24
Forex
Rupee Today LIVE: Rupee recovery hangs in balance on return of oil risks before US jobs data
The Indian rupee is expected to open lower on Friday, with a jump in crude oil prices weighing on the currency while fuelling expectations that the U.S. Federal Reserve could hike rates. The July U.S. jobs report, due later in the day, will be closely scrutinized for clues on the health of the labor market and the Fed’s next policy move. The rupee is expected to open in the 95.35-95.40 range, per traders, having settled at 95.22 to the dollar on Thursday. (Reuters)
- August 7, 2026 08:23
Commodities
Brent crude is up 7% over Thursday-Friday to trade around $83.50 per barrel.
- August 7, 2026 08:22
Stock market
Stock Markets LIVE Today: Another rise in oil prices to test govt bond bulls’ appetite
Indian government bonds are poised to open lower on Friday as a surge in crude prices heightens inflation concerns again, while fresh debt supply is expected to test investor demand.
The yield on the benchmark 6.94% 2036 bond is expected to trade in the 6.75% to 6.80% range, according to a trader at a private bank, after closing at 6.7666% on Thursday. Bond yields move inversely to prices.
New Delhi will raise ₹32,000 crore ($3.36 billion) through the sale of bonds later in the day. The auction includes a liquid five-year paper. (Reuters)
- August 7, 2026 08:19
Gold silver
Gold Price Today LIVE: Gold heads for biggest weekly gain since January ahead of US jobs data
Gold prices firmed on Friday and were en route to their biggest weekly gain since January, helped by weaker oil prices, while investors awaited key U.S. nonfarm payrolls data for clues on the interest rate outlook.
Spot gold was up 0.4% at $4,254.11 per ounce, as of 0156 GMT after hitting a seven-week high in the previous session. Prices were up over 5% for the week.
U.S. gold futures gained 0.3% to $4,312.00. Read the full story here
Gold heads for biggest weekly gain since January ahead of US jobs data
Spot gold was up 0.4% at $4,254.11 per ounce, after hitting a seven-week high in the previous session. Prices were up over 5% for the week.
- August 7, 2026 08:15
Finance
India gets first AIF comparison platform as industry commitments top ₹16.94 lakh crore
Alpha AMC on Thursday launched AIF Platform, a digital platform that allows investors to compare and evaluate India’s 1,992 SEBI-registered Alternative Investment Funds in one place, the first such dedicated tool in a market that has until now lacked the centralised data infrastructure available to mutual fund investors.
The platform, available on web, Android and iOS, is aimed at HNIs, UHNIs, family offices, institutional investors and founders. It lets users compare funds across strategy, target IRR, tenure, fees, risk classification and minimum investment, with all data presented in a standardised format across SEBI’s three AIF categories. Read more here
- August 7, 2026 08:06
Stock market
Stock Market LIVE Updates: Sensex, Nifty on track for muted start amid rising oil prices; Q1 earnings, US-Iran war in focus
Sensex, Nifty on track for muted start amid rising oil prices; Q1 earnings, US-Iran war in focus
GIFT Nifty futures were at 24,653 points, as of 7:50 am, indicating a muted start for the Nifty 50, which closed at 24,636 on Thursday.
- August 7, 2026 07:58
Stock market
Stock Markets today: Japan’s Nikkei falls as AI-related stocks decline
Japan’s Nikkei share average fell more than 1% on Friday as losses in AI and chip-related stocks outweighed broader gains, while SoftBank Group slid despite beating market expectation for first-quarter earnings.
The Nikkei fell 1.17% to 64,911.99 by 0154 GMT, while the broader Topix inched up 0.04% to 4,057.47. For the week, the Nikkei has risen 0.8% and the Topix has gained 1.3%
SoftBank Group dropped 4.3% on Friday even after the technology investor posted a smaller-than-expected 18% drop in first-quarter profit on Thursday. (Reuters)
- August 7, 2026 07:48
Stock market
Global Markets: Asian shares pause for US jobs, oil extends gains on Mideast risk
Asian shares held their breath on Friday for U.S. jobs data that could prove pivotal for next month’s interest-rate decision by the Federal Reserve, while rising oil prices served as a reminder that Middle East tensions remain far from resolved.
MSCI’s broadest index of Asia-Pacific shares outside Japan held flat and was down 0.4% for the week. Japan’s Nikkei dropped 0.9% although it was set for a weekly rise of 1.2%.
South Korea’s KOSPI slipped 0.5% and was down 5.0% for the week for a seventh straight week of declines. The index had doubled in the first half of the year, swept up by the blistering demand for AI-linked chip stocks. China’s CSI 300 rose 0.2%.
After bouts of volatility sparked by concerns over the durability of the AI-driven rally, investors are now squarely focused on the U.S. payrolls report due later in the day, which could prove crucial for the interest-rate outlook. Forecasts are centred on a rise of 80,000 jobs for July after a 57,000 gain in June, with the unemployment rate forecast to hold steady at 4.2%.
The stakes are high as markets cannot seem to make up their mind about how the Federal Reserve might move next month, with a rate hike seen as a coin toss. (Reuters)
- August 7, 2026 07:41
Stock market
Day Trading Guide for August 7, 2026: Intraday supports, resistances for Nifty50 stocks
Day Trading Guide for August 7, 2026: Intraday supports, resistances for Nifty50 stocks
Get intraday support and resistance levels for Nifty50 and key stocks in our Day Trading Guide for August 7, 2026.
- August 7, 2026 07:39
Stock market
Today’s stock recommendation: Jubilant Foodworks – BUY
- August 7, 2026 07:38
Forex
Stock Market Live: Dollar drifts higher as traders eye Iran talks ahead of US jobs data
The dollar drifted higher against the yen and euro on Friday, building on the previous day’s gains as doubts about an Iran peace deal buffed the U.S. currency’s appeal as a haven.
The greenback also drew support from higher Treasury yields after a Financial Times report citing sources close to Federal Reserve Chair Kevin Warsh pointed to the potential for a September interest rate hike, depending on incoming data.
The monthly U.S. payrolls report, due later on Friday, could provide more clues on the Fed’s rate path.
The dollar rose slightly to 158.505 yen in the Asian morning, after gaining 0.4% on Thursday, putting it on course to rise around 0.7% this week as it recovered from a bout of joint Japan-U.S. intervention that sent the U.S. currency tumbling from near a four-decade high above 163 yen on Thursday to a 13-week low of 155.20 on Monday. (Reuters)
- August 7, 2026 07:30
Stock market
Stocks to watch, Aug 7: HUDCO, REC, PFC, IRFC, RailTel, Bondada, Aegis Logistics, Alkem Lab, J Kumar Infra, TVS Motor Co
Stocks to watch, Aug 7: HUDCO, REC, PFC, IRFC, RailTel, Bondada, Aegis Logistics, Alkem Lab, J Kumar Infra, TVS Motor Co
Key market players face increased regulatory scrutiny as the RBI classifies four state-owned NBFCs, while RailTel and Aegis Logistics secure major contracts, and TVS Motor enters the African electric vehicle market.
- August 7, 2026 07:14
Stock market
Stock Markets LIVE: Nifty CAS gap narrows as markets adapt to new system
After the initial euphoria, the difference between the Closing Auction Session (CAS)-driven closing and the general market closing of Nifty is slowly narrowing as markets adjust to the new system.
The difference between Nifty’s closing price pre- and post-CAS on Thursday was only 8 points. The Nifty closed at 24,628 points at 3.15 pm, while post-CAS it settled at 24,636 points.
Similarly, on Wednesday, Nifty closed at 24,570 at 3.15 pm and 24,625 post-CAS, posting a difference of 55 points. Read more here
- August 7, 2026 07:08
Quarterly results
Britannia Q1 Results: Consolidated Sales for the quarter grew 9.5%, while Net profit grew 14.1%
Britannia’s Consolidated Sales for the Quarter ended 30th June 2026 stands at Rs 4,964 Crores, growing 9.5% and Net Profit stands at Rs 593 Crores, growing 14.1% over the same period last year. The Standalone Sales for the Quarter grew 10.0% over the same period last year.
The Board of Directors recommended a final dividend of Rs 90.5 per share of face value Re. 1/- each.
- August 7, 2026 07:07
SBI MF launches Magnum Equity Ex-top 100 Long Short fund
SBI MF launches Magnum Equity Ex-top 100 Long Short fund
SBI Mutual Fund launches Magnum Equity Ex-Top 100 Long Short Fund, open for subscription on August 7, 2023.
- August 7, 2026 07:07
Quarterly results
Transrail delivers Q1FY27 results
Key Highlights:
- Revenue grew 5% YoY to ₹1,736 crore, reflecting sustained business momentum and strong execution across key segments.
- Profit After Tax (PAT) increased to ₹108 crore, underscoring the company’s continued focus on profitable growth.
- EBITDA margin stood at 11.7%, surpassing the management’s guidance of 11% and demonstrating strong operational efficiency.
- Delivered resilient profitability despite a dynamic business environment, reinforcing the company’s disciplined execution and financial strength.
- August 7, 2026 07:01
Shiprocket IPO: Price band fixed at ₹92-97; issue opens on August 12
E-commerce logistics firm Shiprocket Limited will launch its initial public offering on Wednesday, August 12, 2026, with bidding closing on Friday, August 14. Anchor investor bidding is scheduled for Tuesday, August 11.
The company has fixed a price band of ₹92 to ₹97 per equity share, each with a face value of ₹10. The minimum bid lot is 154 equity shares, meaning retail investors must commit approximately ₹14,938 at the upper price band.
The total offer size is ₹16,174.85 million Read more here
- August 7, 2026 06:55
Finance
RBI issues stricter loan recovery rules to protect borrowers from harassment
To ensure fair treatment of borrowers during the recovery process, the RBI has issued comprehensive instructions to lenders, including asking them to contact/ visit a borrower/ guarantor only between 08:00 hours and 19:00 hours, and to avoid inappropriate occasions, such as bereavement in the family or medical emergencies, for making calls/ visits. Read More here
- August 7, 2026 06:51
Commodities
Crude Oil Prices Today LIVE: Oil rises on concerns over Strait of Hormuz reopening plans
Oil continued its rise on Friday amid further concerns around the opening of the Strait of Hormuz as Iran, working with Oman, suggested banning vessels deemed hostile from the strait and heavily fining those who violated the proposed rules.
Brent crude futures rose 99 cents, or 1.2%, to $83.48 a barrel by 0010 GMT. U.S. West Texas Intermediate futures rose 85 cents, or 1.1%, to $78.84. Oil futures settled up at over $3 a barrel on Thursday as Iran reviewed a bill to ban U.S. and Israeli vessels from the Strait of Hormuz where roughly a fifth of the world’s oil and liquefied natural gas transmitted before the war began at the end of February. Prices fell earlier in the week as a possible solution to the ongoing conflict looked more likely but benchmark Brent breached $80 on Thursday after falling below that for the first time since July 13. (Reuters)
- August 7, 2026 06:49
Gold silver
Gold price today Live: Gold heads for strongest week since January, US payrolls data in focus
Gold steadied on Friday and was on track for its biggest weekly gain since January, helped by weaker oil prices, while investors awaited key U.S. nonfarm payrolls data for clues on the interest rate outlook.
Spot gold was little changed at $4,235.57 per ounce, as of 0045 GMT, but was up 4.8% for the week. U.S. gold futures fell 0.1% to $4,293.80
- August 7, 2026 06:46
Finance
SEBI to roll out AI-led WhatsApp investor campaign, Jagrook initiative in FY27
The Securities and Exchange Board of India (SEBI) plans to launch an AI-enabled multilingual investor awareness campaign through WhatsApp and other digital platforms, roll out a nationwide financial literacy initiative under Project Jagrook, and simplify nomination norms for demat accounts and mutual fund folios in FY27 as part of a broader push to simplify regulations, deepen capital markets and reduce compliance burden.
SEBI plans regulatory overhaul, faster AIF approvals and corporate bond tokenisation in FY27
SEBI’s FY27 roadmap includes LODR review, faster AIF approvals, SLB reforms, bond tokenisation, SEBI Setu portal and investor initiatives.
- August 7, 2026 06:45
Instl. Investors EQUITY Cash Trades PROV. – 06/08/2026 : Rs. CRS. :
FIIS : SELL -18 (16,161-16,179)
DIIS : BUY +4,013 (19,723-15,710)
- August 7, 2026 06:45
Quarterly results
Vijaya Diagnostic Centre Ltd Q1FY27 Results
Revenue 230.98 Cr vs 188.05 Cr
(+22.83% YoY┃+5.29% QoQ)
EBITDA 98.54 Cr vs 73.53 Cr
(+34.01% YoY ┃+3.16% QoQ)
EBITDA Margin 42.66% vs 39.10% YoY & 43.54% QoQ
PBT 70.94 Cr vs 52.21 Cr
(+35.89% YoY┃+10.39% QoQ)
PAT 53.10 Cr vs 38.59 Cr
(+37.61% YoY┃+10.79% QoQ)
Other Income 8.53 Cr vs 7.05 Cr YoY & 2.40 Cr QoQ
- August 7, 2026 06:44
Quarterly results
RAIN INDUSTRIES Q1 Results
CONS. NET PROFIT UP 311% AT ₹341 CR (YOY), UP 116% (QOQ)
REVENUE UP 17% AT ₹5,167 CR (YOY), UP 14% (QOQ)
EBITDA UP 53% AT ₹964 CR (YOY), UP 38% (QOQ)
MARGINS 18.7% VS 14.3% (YOY), 15.4% (QOQ)
- August 7, 2026 06:44
Quarterly results
Siemens Energy India Limited Q1FY27 Results
Revenue 2485.60 Cr vs 1784.60 Cr
(+39.28% YoY┃+3.82% QoQ)
EBITDA 585.70 Cr vs 340.30 Cr
(+72.11% YoY ┃+17.54% QoQ)
EBITDA Margin 23.56% vs 19.07% YoY & 20.81% QoQ
PBT 593.40 Cr vs 352.00 Cr
(+68.58% YoY┃+18.16% QoQ)
PAT 440.90 Cr vs 262.70 Cr
(+67.83% YoY┃+17.70% QoQ)
Other Income 57.30 Cr vs 52.50 Cr YoY & 45.90 Cr QoQ
Order backlog 19,331 Cr (+16.4% YoY)
- August 7, 2026 06:43
Quarterly results
Indraprastha Medical Corporation Limited Q1FY27 Results
Revenue 406.15 Cr vs 365.06 Cr
(+11.26% YoY┃+11.33% QoQ)
EBITDA 79.81 Cr vs 73.15 Cr
(+9.10% YoY ┃+31.90% QoQ)
EBITDA Margin 19.65% vs 20.04% YoY & 16.59% QoQ
PBT 74.82 Cr vs 68.31 Cr
(+9.53% YoY┃+36.01% QoQ)
PAT 55.85 Cr vs 51.46 Cr
(+8.53% YoY┃+33.93% QoQ)
Other Income 8.42 Cr vs 6.90 Cr YoY & 7.33 Cr QoQ
- August 7, 2026 06:42
Quarterly results
SCI Q1 FY27 Results
* Net Profit: ₹619 Cr, ↑75% YoY, ↑53% QoQ
* Revenue: ₹1,847 Cr, ↑40% YoY, ↑22% QoQ
* EBITDA: ₹882 Cr, ↑80% YoY, ↑44% QoQ
* EBITDA Margin: 47.8% vs 37.2% YoY and 40.4% QoQ
- August 7, 2026 06:42
Quarterly results
Apollo Tyres Limited Q1FY27 Results
Revenue 7397.79 Cr vs 6560.76 Cr
(+12.76% YoY┃+0.85% QoQ)
EBITDA 867.97 Cr vs 867.75 Cr
(+0.03% YoY ┃-18.79% QoQ)
EBITDA Margin 11.73% vs 13.23% YoY & 14.57% QoQ
PBT Ex-Exceptional Items 444.16 Cr vs 408.56 Cr
(+8.71% YoY┃-28.10% QoQ)
PAT 348.87 Cr vs 12.88 Cr
(+2609.05% YoY┃-44.71% QoQ)
Other Income 58.33 Cr vs 18.89 Cr YoY & 35.22 Cr QoQ
This Q1 Exceptional Gain of 23.53 Cr
Last Q4 Exceptional loss of 456.13 Cr
- August 7, 2026 06:41
Quarterly results
GULSHAN POLYOLS | Q1 FY27 Results
* Net Profit: ₹54 Cr, ↑305% YoY, ↑43% QoQ
* Revenue: ₹640 Cr, ↑8% YoY, ↑16% QoQ
* EBITDA: ₹85 Cr, ↑132% YoY, ↑28% QoQ
* EBITDA Margin: 13.3% vs 6.2% YoY and 12.0% QoQ
- August 7, 2026 06:40
Quarterly results
Cosmo First Ltd Q1FY27 Results
Revenue 1165.54 Cr vs 800.03 Cr
(+45.69% YoY┃+14.19% QoQ)
EBITDA 135.93 Cr vs 91.88 Cr
(+47.94% YoY ┃+12.74% QoQ)
EBITDA Margin 11.66% vs 11.48% YoY & 11.81% QoQ
PBT Ex-Exceptional Items 70.73 Cr vs 54.46 Cr
(+29.88% YoY┃+8.97% QoQ)
PAT 53.75 Cr vs 42.87 Cr
(+25.38% YoY┃+45.62% QoQ)
Other Income 11.04 Cr vs 24.46 Cr YoY & 17.07 Cr QoQ
Last Q4 Exceptional loss of 7.20 Cr
- August 7, 2026 06:40
Quarterly results
Mold-Tek Technologies Ltd Q1FY27 Results
Revenue 59.54 Cr vs 33.29 Cr
(+78.85% YoY┃+7.31% QoQ)
EBITDA 11.85 Cr vs 0.47 Cr
(+2441.70% YoY ┃+1045.25% QoQ)
EBITDA Margin 19.91% vs 1.40% YoY & 1.87% QoQ
PBT 12.45 Cr vs 0.81 Cr
(+1431.48% YoY┃+337.42% QoQ)
PAT 9.00 Cr vs 0.68 Cr
(+1215.06% YoY┃+294.32% QoQ)
Other Income 2.05 Cr vs 1.97 Cr YoY & 3.53 Cr QoQ
- August 7, 2026 06:39
Quarterly results
Reliance Power Q1 PAT jumps 44% to ₹65 cr; flags CBI, ED probes & subsidiary debt challenges
Anil Ambani-led Reliance Power reported a 44 per cent year-on-year increase in consolidated net profit to ₹65 crore for the quarter ended June 30, 2026, helped by steady operating performance despite ongoing legal and financial challenges at some of its subsidiaries. Read more here
- August 7, 2026 06:36
Ipo
Milky Mist IPO: Price band fixed at ₹133-140; issue opens on August 11
Milky Mist Dairy Food Limited will open its initial public offering on Tuesday, August 11, 2026, with a price band of ₹133 to ₹140 per equity share of face value of ₹2 each. The issue closes on Thursday, August 13, with anchor investor bidding scheduled for Monday, August 10. Read more here
- August 7, 2026 06:33
Economy
MDR applies only on merchants, not on end users: FM
Finance Minister Nirmala Sitharaman on Thursday said that merchant discount rate (MDR) is applied only on merchants and not on end users. However, she clarified that no decision yet on MDR has been taken yet. Read more here
MDR applies only on merchants, not on end users: FM
Finance Minister Nirmala Sitharaman on Thursday said that merchant discount rate (MDR) is applied only on merchants and not on end users. However, she clarified that no decision yet on MDR has been taken yet.
- August 7, 2026 06:32
Stock market
Stock Market Live: Bulls hold ground as D-Street stays cautious; defence stocks fire up
Markets ended Thursday’s session on a flat note, with the headline indices masking a sharper story beneath the surface, a nearly 3 per cent surge in defence stocks and a four-session-old structural quirk that is cleaving the Sensex and Nifty apart at close.
The Nifty 50 settled at 24,636, up just 11.35 points or 0.05 per cent, after oscillating in a 73-point band through the session. The Sensex, however, closed at 78,954.76, up 0.48 per cent, a gap of roughly 43 basis points between the two benchmarks that has now persisted for four straight sessions since the NSE introduced its Closing Auction Session (CAS) on August 3. Market observers say the divergence reflects differences in institutional order flow and auction-window liquidity between the two index baskets, rather than any fundamental disconnect. Most analysts expect the distortion to narrow as participants recalibrate. Read more here
- August 7, 2026 06:32
Stock market
Stock to buy today: Jubilant FoodWorks (₹473.75)
Stock to buy today: Jubilant FoodWorks (₹473.75)
Buy Jubilant FoodWorks stock at ₹473.75 with potential gains up to ₹600; follow strategic stop-loss and profit booking.
Published on August 7, 2026
