📉 Sensex Today, August 1, 2025: Market Volatility Continues | Nifty Below 24,700, Sensex Dips Under 81,100

The Indian stock markets kicked off August on a shaky note, with both the Sensex and Nifty trading in the red. The Nifty 50 index hovered around 24,700, while the Sensex fell below the 81,100 mark, reflecting ongoing market volatility. If this trend continues through the day, it could mark the fifth consecutive week of market declines. 🔍 Key Market Highlights (Updated LIVE) 🔻 Major Index & Stock Movements PNB Housing Finance: Crashed over 16%, trading below its 200-day EMA. Daily trading volume soared to 31.63 million shares, well above the 20-day average. Sun Pharma & peers dragged down the Nifty Pharma Index, falling up to 6%. Gokaldas Exports and Pearl Global fell over 1.5% after former U.S. President Donald Trump announced tariff cuts on Bangladeshi imports, hitting sentiment in Indian textiles. 🔼 Top Gainers & IPO Buzz Netweb Technologies: Jumped 12% post a strong Q1, with 300% YoY growth in its AI workstation segment. Shanti Gold International: Listed at ₹229.10, a 15% premium over its issue price of ₹199. Sri Lotus Developers IPO: Oversubscribed 14.32 times, indicating robust investor demand. 📊 Sectoral & Economic Insights FII Long Position Ratio: Dropped to 10%, the lowest since April 2023. Historically, such levels have marked market turning points. Rupee: Gained 40 paise, trading at ₹87.25/USD, supported by declining crude prices and possible RBI intervention. India's Manufacturing PMI: Climbed to 59.1 in July, up from 58.4 in June, showing strong factory activity. 🔧 Company News & Earnings ITC Q1 results awaited; expectations point to a 3–4% rise in cigarette volumes. Amber Enterprises: Targeting $1B in electronics revenue in 3 years; expects to outpace industry growth by 10–12%. Cholamandalam Investment: Trimmed FY26 disbursement growth forecast to 10%, revised credit cost guidance slightly higher. Thermax: CEO projects double-digit growth in FY26, citing a strong order backlog. Castrol India: Unveiled upgraded MAGNATEC engine oil with new API SQ standards. 🛳️ Freight & Global Trade Updates GE Shipping: Reports higher freight rates, transitioning to fuel-efficient ships amid potential reduction in Russian oil cargoes. Morgan Stanley: Sees India GDP at 6.4% in CY2025; expects inflation between 4–4.5% and another RBI rate cut in October. 🏦 Market Outlook With ongoing global uncertainties, weak FII positions, and earnings season in full swing, volatility is expected to persist. However, improved macro indicators like PMI growth, and resilient rupee, could help cushion the downside. Stay tuned for ITC earnings, more Q1 results, and updates on market closing trends later in the day.

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