Sector-wise top stories and market developments -August 1, 2025:

Macro & Markets
• U.S. enforces 25% tariffs on Indian goods, effective August 1, unexpectedly widening to $87 billion in exports amid unresolved trade negotiations. This move cast a shadow over export-linked sectors.
• FII outflows continue, with net selling of ₹55,890 million on July 31 marking a ninth consecutive session of outflows.
• Market mood turns cautious, Nifty fell ~0.35% to 24,768, Sensex down ~0.36% to 81,186. Gift Nifty futures suggested a subdued opening.
• Market-wide futures open interest reached ₹4.952 lakh crore; rollover rate at 90%, indicating substantial positioning ahead of the August series.

Banking & Financial Services
• NPCI & RBI policy changes: New UPI transaction rules, extended FASTag pass system, revised KYC deadlines, and extended money market trading hours effective from August 1.
• PNB Housing Finance shares plunged 10% as MD & CEO tendered resignation, sparking intra-day volatility.
IT, Software & Tech
• Nifty IT index dropped ~0.5%, pressured by broad export concerns from new U.S. tariffs.
• Top IT names like Infosys, LTIMindtree, ITC, HCL, Tech Mahindra were among sectoral laggards.

Healthcare & Pharmaceuticals
• Nifty Pharma index fell ~1.16%—sectors like Pharma and IT faced strongest selling pressure.

Industrials & Infrastructure
• KEC International and Axiscades rose on fresh contract wins.
• Defensive picks: Maruti Suzuki, Asian Paints, HUL, Kotak Bank, and Bajaj Finance gained on market rotation.

Metals & Petrochemicals
• Export-driven sectors like steel, gems, auto parts, electronics, textiles, and pharma were caught in tariff crossfire.
• Analysts caution that India’s GDP could take a hit of up to 40 basis points due to trade actions.

Consumer & FMCG
• FMCG sector bucked the trend, with the Nifty FMCG index posting a ~1% gain on defensive buying.

Energy & Utilities
• JSW Energy, Coal India, and Aarti Industries remained in focus ahead of Q1 earnings; Coal India’s profits fell ~20% YoY to ₹8,734 Cr.

Autos & Mobility
• Stocks like Tata Motors and TCS were laggards amid macro uncertainty and earnings impact.
• Maruti Suzuki saw better-than-expected Q1 profits boosted by exports and non-core income.

Media & Publishing
• Names like ITC, RIL, Swiggy, PB Fintech, and JSW Energy stayed on investor radars due to earnings and strategic developments.

Corporate results

Auto & Auto Components
• Maruti Suzuki (Q1FY26 – Standalone, YoY)
o Revenue: ₹38,413.6 Cr (▲ 8.1%)
o Net Profit: ₹3,711.7 Cr (▲ 2%)
o EBITDA: ₹3,995.3 Cr (▼ 11%)
o EBITDA Margin: 10.4% (vs 12.7%)
• Eicher Motors (Q1FY26 – Consolidated, YoY)
o Revenue: ₹5,041.8 Cr (▲ 14.8%)
o Net Profit: ₹1,205 Cr (▲ 9.4%)
o EBITDA: ₹1,202.8 Cr (▲ 3%)
o Margin: 23.9% (vs 26.5%)

Capital Goods & Engineering

• Thermax (Q1FY26 – YoY)
o Revenue: ₹2,150 Cr (▼ 1.6%)
o EBITDA: ₹225 Cr (▲ 59.5%)
o Margin: 10.5% (vs 6.5%)
o Net Profit: ₹152 Cr (▲ 31.6%)

• NCC Ltd
o Bagged new orders worth ₹792 Cr in July
 Buildings Division: ₹461.4 Cr
 Electrical Division: ₹330.2 Cr

• Skipper Ltd.
• Revenue: ₹1,253.9 Cr (~₹12,539 mn), highest-ever first quarter (▲ YoY)
• EBITDA & Margin: Highest-ever quarterly EBITDA; margin improved to ~10.1% (vs ~9.6%)
• Net Profit: ~₹44.7 Cr (versus ₹44.4 Cr in prior quarter)
• Order Book: Q1 closing order book stands at ₹85,205 mn—record high.

Consumer & Retail
• Restaurant Brands Asia (Q1FY26 – Consolidated, YoY)
o Revenue: ₹698 Cr (▲ 7.9%)
o EBITDA: ₹72.8 Cr (▲ 15.5%)
o Margin: 10.4% (vs 9.7%)
o Net Loss: ₹41.9 Cr (vs ₹49.4 Cr)

• Nestlé India
o CMD Suresh Narayanan retired effective July 31, 2025.

Banking & Financial Services
• City Union Bank (Q1FY26 – YoY)
o NII: ₹625 Cr (▲ 14.7%)
o Net Profit: ₹306 Cr (▲ 15.7%)
o Operating Profit: ₹451 Cr (▲ 20.7%)
o Provisions: ₹70 Cr (▲ 79.5%)
o GNPA: 2.99% (vs 3.09% QoQ); NNPA: 1.2% (vs 1.25% QoQ)

• Indian Bank
o Cut T-Bill Linked Lending Rate by 5 bps to 5.35% (loans up to 3 months)
o Hiked 6-month to 3-year rate to 5.55% (▲ 5 bps)

• Bank of India
o Cut 1-year MCLR by 10 bps to 8.9% (w.e.f. Friday)

• Equitas Small Finance Bank
o Allotted ₹500 Cr worth of NCDs via private placement

• IndusInd Bank
o Head of Internal Audit, Jyoti Prasad Ratho, retires; no longer part of senior management

• Nuvama
o IT Department conducted a survey at premises; operations continue normally

• Share India Securities
Revenue from operations: ₹341 Cr (from ₹414 Cr YoY drop)
• Net Profit: ₹84 Cr
• Key Insight: Broking client growth contributed to earnings, although topline witnessed a decline.

Metals & Mining
• Coal India (Q1FY26 – Consolidated, QoQ)
o Revenue: ₹35,842 Cr (▼ 5.25%)
o EBITDA: ₹12,521 Cr (▲ 6.2%)
o EBITDA Margin: 34.93% (vs 31%)
o Net Profit: ₹8,743 Cr (▼ 8.96%)

• Tata Steel
o Tata Steel arm to acquire 40% stake in JV TSN Wires Co. from Nichia Steel Works for ₹270 Cr

Infrastructure & Real Estate
• NBCC (India) Ltd
o Signed MoU with Madhya Pradesh Gramin Bank to develop a ₹45.3 Cr institutional campus in Indore
o Another agreement with India Post for development of land parcels nationwide

Investment & Holding Companies
• SW Holdings (Q1FY26 – Consolidated, YoY)
o Income: ₹30.1 Cr (▲ 10.4%)
o Net Profit: ₹33.8 Cr (▼ 35.7%)

Sector Sentiment Insights for investors

Sector
Banking/Finance: -Neutral to Negative
-Policy changes, liquidity measures
IT & Exports: 🔻 Negative
-U.S. tariffs, FII outflows

Pharma: 🔻 Negative
-Export uncertainty

FMCG: Positive
-Defensive inflows

Industrials: Mixed
-Contract wins vs trade pressures

Metals: 🔻 Negative
Export impact, steel sectors loss

Consumer Goods: Stable
-Select names remain resilient