Market Tumbles: Sensex one-month low, Nifty below 24,700

The domestic share market indices declined on Monday amid poor Q1 results, a pause in trade talks with Washington, fresh layoffs in IT, and relentless selling by overseas investors. At close, the Sensex was down 572.07 points or 0.70 percent at 80,891.02, and the Nifty was down 156.10 points or 0.63 percent at 24,680.90. About 1206 shares advanced, 2767 shares declined, and 152 shares unchanged.
Shriram Finance, Cipla, Hero MotoCorp, HUL, SBI Life were the top gainers on the Nifty, while losers included Kotak Mahindra Bank, Wipro, Bajaj Finance, Bharti Airtel, IndusInd Bank.On the sectoral front,except pharma, all other sectoral indices ended in the red with realty index plunged 4 percent, media index shed nearly 3 percent, capital goods, metal, telecom, PSU bank, private bank indices declined 1-1.5 percent.BSE Midcap index shed 0.7 percent and smallcap index fell 1.3 percent.
Rupee Close:
On 28 July'25,the Indian rupee pared initial gains and settled for the day 15 paise lower at 86.67  against the US dollar on Monday, as month-end dollar demand from importers continued to keep the American unit well bidForex traders said investors traded cautiously awaiting the outcome of India-US trade talks ahead of the August 1 deadline. Moreover, a negative trend in the domestic equity markets dented investors' sentiments further.Investors also remained cautious ahead of the US Federal Reserve and Bank of Japan's monetary policy decisions next week, they said.
Trading Guide:
Vinod Nair, Head of Research, Geojit Investments stated,domestic market sentiment has remained cautious, weighed down by a disappointing set of Q1 earnings, delays in the India-US trade agreement, and continued FII outflows. In contrast, global markets remain broadly positive, supported by US-EU trade developments that are perceived as less concerning than anticipated.The upcoming monetary policy decisions from the Fed and BoJ, along with the trajectory of domestic quarterly earnings, are expected to play a pivotal role in shaping market direction in the near term.
Market experts recommended five shares to buy on Monday- Hubtown, Home First Finance Company India, Nilkamal, Jagsonpal Pharmaceuticals, and Le Travenues Technology.

(Busness Correspondent)