1 month ago
Indian Stocks Rise on July 31, Bajaj Finance Leads Gains
On July 31, the Indian stock market went up a little.
The big indexes, called Nifty 50 and Sensex, both rose a bit.
Companies like Bajaj Finance and Hyundai Motor made a lot of money because they earned more than people expected.
Some companies lost money, like Aptus Value and Sapphire Foods.
The market did well because many investors from other countries bought shares, and the government helped keep the currency stable.
Oil prices went down a little because tensions in the Middle East eased, which also helped the market.
Nifty 50 closed 0.20% higher at 24,336; Sensex up 0.21% to 78,091.
Auto and oil & gas sectors led gains, while realty, chemicals, and FMCG lagged.
Bajaj Finance, Hyundai Motor, GAIL, Tata Motors, and Redington were top gainers.
Market gains driven by strong June-quarter earnings and foreign investor inflows.
Crude oil prices fell slightly amid easing tensions in West Asia.
- Who
- Indian investors and listed companies
- What
- Stock market gains and losses on July 31
- Where
- Indian stock exchanges (NSE/BSE)
- When
- 31 July 2023
- Why
- Strong June-quarter earnings, foreign investor inflows, RBI support, and easing oil price concerns
Key facts
- Date
- 31 July 2023
- Major Indices
- Nifty 50 +0.20%, Sensex +0.21%
- Top Gainers
- Bajaj Finance, Hyundai Motor, GAIL, Tata Motors, Redington
- Top Losers
- Aptus Value, Sapphire Foods, Sagility India, Acutaas Chemicals, City Union Bank
- Sector Performance
- Auto +1.50%, Oil & Gas +0.46%, Realty -2%, Chemicals -2%, FMCG -2%










