The key equity benchmarks ended with minor gains on Monday as investors assessed a slew of Q1 FY27 earnings. Market sentiment, however, remained cautious following the introduction of the Closing Auction Session (CAS) mechanism last week, which had triggered heightened volatility during the final minutes of trading. Market participants continued to closely monitor developments surrounding the US-Iran conflict and the progress of the monsoon. Persistent geopolitical uncertainty, along with its potential impact on crude oil prices, kept investors cautious and limited the upside in the broader market. The Nifty settled above 24,550 mark.
Investors will closely track domestic inflation data due later this week, along with movements in crude oil prices and developments on the global geopolitical front, for further market cues. Sector- and stock-specific activity is expected to remain influenced by the ongoing Q1 FY27 earnings season.
Realty, private bank and media shares advanced while PSU bank, oil & gas and pharma shares declined.
As per provisional closing data, the barometer index, the S&P BSE Sensex rose 43.27 points or 0.06% to 78,542.44. The Nifty 50 index added 13.15 points or 0.05% to 24,583.80.
In the broader market, the BSE 150 MidCap Index rose 0.17% and the BSE 250 SmallCap Index jumped 0.04%.
The market breadth was almost even. On the BSE, 2,227 shares rose and 2,222 shares fell. A total of 209 shares were unchanged.
Initial Public Offer (IPO):
Dhoot Transmission received bids for 1,20,29,455 shares as against 2,49,56,363 shares on offer, according to stock exchange data at 15:30 IST on 10 August 2026. The issue was subscribed 0.48 times.
The issue opened for bidding on 10 August 2026 and will close on 12 August 2026. The price band of the IPO is fixed between Rs 829 and 871 per share. An investor can bid for a minimum of 17 equity shares and multiples thereof.
Molbio Diagnostics received bids for 59,73,624 shares as against 81,58,529 shares on offer, according to stock exchange data at 15:30 IST on 10 August 2026. The issue was subscribed 0.73 times.
The issue opened for bidding on 10 August 2026 and will close on 12 August 2026. The price band of the IPO is fixed between Rs 768 and 807 per share. An investor can bid for a minimum of 18 equity shares and multiples thereof.
Technocraft Ventures received bids for 3,53,20,670 shares as against 83,17,190 shares on offer, according to stock exchange data at 15:30 IST on 10 August 2026. The issue was subscribed 3.27 times.
The issue opened for bidding on 07 August 2026 and will close on 11 August 2026. The price band of the IPO is fixed between Rs 200 and 212 per share. An investor can bid for a minimum of 70 equity shares and multiples thereof.
Leap India received bids for 4,98,94,636 shares as against 11,49,91,735 shares on offer, according to stock exchange data at 15:30 IST on 10 August 2026. The issue was subscribed 0.43 times.
The issue opened for bidding on 07 August 2026 and will close on 11 August 2026. The price band of the IPO is fixed between Rs 151 and 159 per share. An investor can bid for a minimum of 94 equity shares and multiples thereof.
Buzzing Index:
The Nifty Realty index jumped 1.34% to 897.85. The index fell 0.09% in the past two trading sessions.
Brigade Enterprises (up 4.48%), DLF (up 2.65%), Godrej Properties (up 1.93%), Phoenix Mills (up 1.85%), Oberoi Realty (up 1.6%), Sobha (up 1.17%), Aditya Birla Real Estate (up 0.73%), Prestige Estates Projects (up 0.64%), Lodha Developers (up 0.19%) advanced.
Stocks in Spotlight:
Power Mech Projects dropped 2.95% after the company reported a 44.0% decline in consolidated net profit to Rs 79.78 crore in Q1 FY27, compared with Rs 142.55 crore in Q4 FY26. Net sales increased 25.53% YoY to Rs 1,623.68 crore in the quarter ended 30 June 2026.
Sky Gold and diamonds rallied 11.10% after after the company reported a sharp improvement in profitability for the quarter ended 30 June 2026. The company's consolidated net profit surged 136.94% to Rs 103.28 crore in Q1 FY27 compared with Rs 43.59 crore in Q1 FY26. Revenue from operations increased 77.93% YoY to Rs 2,012.79 crore in the quarter ended 30th June 2026.
Oil India rallied 3.02% after the company's standalone net profit soared 252.83% YoY to Rs 2,870.21 crore in Q1 FY27, supported by higher crude oil production and improved crude oil price realization. Revenue from operations jumped 58.77% YoY to Rs 7,958.05 crore in Q1 FY27.
Kaynes Technology India fell 3.38% after the company reported a 24.37% decline in consolidated net profit to Rs 56.43 crore in Q1 FY27 compared with Rs 74.61 crore posted in Q1 FY26. Revenue from operations jumped 40.47% YoY to Rs 946.02 crore in Q1 FY27.
Titan Company jumped 3.14% after the company's consolidated profit after tax (PAT) increased 62.9% YoY to Rs 1,777 crore in Q1 FY27. Total income rose 29.3% YoY to Rs 21,502 crore during the quarter.
Global Markets:
European market declined as escalating US-Iran tensions over the Strait of Hormuz blockade weighed on investor risk appetite.
Asian market ended higher on Monday after a soft U.S. jobs report pared the risk of a near-term rise in borrowing costs, though a lack of progress in Gulf peace talks saw oil prices creep higher.
Iran said on Sunday that a deal with Oman defining new shipping lanes in the Strait of Hormuz was in its final stages but reiterated that the waterway would only reopen once the United States met other conditions.
Brent crude rises as shipping through the vital waterway remained at a trickle, while U.S. crude rose 0.77% to $78.78 a barrel.
Meanwhile, the Bank of Japan policy makers have warned of mounting inflation risks that could require a nimble, faster-than-expected pace of interest rate increases, a summary of opinions at their July meeting showed, boosting the case for a September hike.
Last week, U.S. stocks advanced on Friday, with the S&P closing at a record high to cap off a strong week of gains for the major indexes, after data showed the U.S. economy unexpectedly shed jobs last month and dampened expectations the Federal Reserve would raise interest rates at its September meeting.
The Dow Jones Industrial Average rose 151.83 points, or 0.28%, to 54,036.93, the S&P 500 gained 47.68 points, or 0.62%, to 7,757.64 and the Nasdaq Composite gained 342.26 points, or 1.30%, to 26,690.62.
The Labor Department said nonfarm payrolls decreased by 23,000 jobs last month, well below the widely reported estimate that called for an increase of 80,000 jobs. Previously reported job gains for the prior two months were also revised sharply lower, while the unemployment rate fell to 4.1% last month from 4.2% in June due to workers leaving the labor force.
Market expectations for a rate hike from the Fed at its next meeting dropped to about 44%, according to CME FedWatch down from 55% in the prior session and 67% a week ago.
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