Weekly Market Review & Top Stocks That Were In Focus For The Week Ended 1st Aug'25

The Sensex and the Nifty are down for the fifth straight week, the longest losing streak so far in 2025. What a roller coaster ride it has been for the markets with indices swinging between bulls and the bear. The highlight of the week was when President Trump announced a 25% tariff plus penalty on India as it purchases energy, crude and defence equipment from Russia.

On the back of this markets opened gap down but what a recovery was seen after the initial dip and who would have thought markets would turnaround in Green at a day when index slipped below 24700 mark, down more than 150 points, reeling under pressure that 25% tariff is positioned but it looks like or we may say the overwhelming opinion seems like President Trump is using it as a negotiating tactic.

Fitch Ratings Cut India's GDP Projections To 6.3%, Expects Limited Direct Impact Of Higher US Tariffs On Indian Corporates

President Trump showed us red but the markets showed the colour of green and it appears that our markets were positioned for some kind of shocker coming in President Trump because the rupee was the weakest at four-month low, FIIs short position in the index were very high and Indian markets under performed in the last many weeks.

The good part is that the July series low which was in that ballpark 24600 levels that got defended but at around 24950 levels is where the market is facing some bit of resistance. 

Coming to another important event of the week was the outcome of the FOMC Meeting and as expected the Fed Governor Jerome Powell kept rates unchanged at 4.25-4.50% for a 5th consecutive time despite relentless pressure from President Trump for an interest rate cut and avoided suggesting it would soon cut interest rates.

Our takeaway continues to remain the same with buy on dips strategy and we say this because all the near term positives were already known and market lacked any sort of fresh news/trigger that could take it higher. After the news regarding President Trump imposed 25% tariffs plus incentives we look at it in a positive way because there was a lot of uncertainty regarding tariffs and markets don't like uncertainty. With every uncertain hanging news are out of the way so markets should show more stability in coming days and weeks.

India Surpasses Japan To Become Third-Largest Producer Of Solar Energy, Says Union Minister For New & Renewable Energy Pralhad Joshi

Friday’s trading session remained weak and also breached 25600 levels and we believe that this was because investors money are blocked in 5 upcoming IPOs. This can be one of the reason why we saw lack of buying. With this let us present to you our weekly market review.   

How Did the Markets Fare Last Week?

On a weekly basis ended on Friday, the Indian benchmark indices ended in red. Sensex and Nifty were down 1.0% each while Midcaps were down 1.8% during the week.

What Might Keep the Markets Busy Into the Next Week?

The coming week is expected to be a very busy week for the markets as we have lots of events to track. As we are in the midst of the Q1FY26 Earnings, results of India Inc will be closely monitored and management commentary is something very important as it gives us direction with respect to demand scenarios, any concerns, growth guidance among other important things. 

Apart from this on the domestic front we have the important RBI MPC Meeting on August 7 and it will be important to track RBI Governor's comment on Tariff, GDP Growth, Inflation outlook and how the economy is shaping up. Apart from this on the data front we have the HSBC Manufacturing/Composite'Services PMI, FX Reserves, Bank Loan Growth that will be monitored.

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Globally data like Nonfarm Payrolls, ISM Manufacturing/Services/ PMI, Fed Official Speech, Initial Jobless Claims that will be tracked. The commentary with respect to Tariff is something will be very crucial and the market will keep reacting so we continue to focus on what exactly President Trump says.

Crude and FII Flows

Brent Crude Oil Prices looked a bit different and stood at $71.74/bbl from earlier $73/bbl as traders digested the impact of new higher US Tariffs. On the other hand, FIIs continue to remain Net Sellers for the week.

Sector in Focus

FMCG, Financials & Pharma remained in focus during the week.

Stocks That Remained in Focus During The Week

PNC Infratech:

• PNC Infra has emerged Ll (First Lowest) Bidder in a tender floated by South Eastern Coalfields Limited (SECL) for "Handling, Transport and Other Mining Services - Hiring of HEMM for OB Removal and Coal Extraction by Surface Miner and Loading and Transportation of Extracted Coal to different destinations at Gevra OCP Expansion Project in the state of Chhattisgarh" for a quoted amount of Rs 2,956 crore exclusive of GST. The said project is to be executed within 5 years. 

Omaxe Ltd.:

• Omaxe Group, one of India’s leading real estate developers, has secured funding of Rs 500 crore from funds managed by Oaktree Capital Management L.P. (“Oaktree), a Leader among global investment managers specializing in alternative investments. 

• The funding will strengthen Omaxe's core and accelerate delivery timelines for residential, commercial, and public-private partnership (PPP) developments, including its infrastructure, commercial, and residential projects. 

IPO: Excelsoft Technologies Receives Sebi's Go-Ahead To Raise ₹700 Crore

PCBL Chemical:

• The company has informed exchanges that it has incorporated a wholly owned subsidiary, PCBL Chemical USA Inc., under the laws of the State of Delaware, United States of America. The subsidiary in the USA will facilitate easier access to the North American markets. A local subsidiary in the USA would further help to gain strategic market access, proximity to customers and understand the regulatory and incentive landscape. The company enables localization of supply chains of carbon black and specialty chemicals which is of critical strategic significance. The Company’s US subsidiary would strengthen PCBL Chemical's position as a global player in the industry.

Intellect Design:

• Intellect Design has announced the launch of pilot implementations of its next-generation platform, eMACH.ai, for leading South African banks. This initiative represents a major milestone in the transformation of South Africa’s wholesale banking infrastructure, directly aligning with the National Development Plan (NDP) 2030 and the nation’s broader digital economic ambitions, and reaffirms Intellect’s deepening commitment to partnering with South African institutions in their journey towards a fully digital, inclusive financial ecosystem. 

Kaynes Technology:

• Kaynes clocked Q1FY26 revenue of Rs 673.5 crore, up 34 % YoY, backed by a robust Rs 7,401.1 crore order book that underpins growth visibility for FY26 and beyond. EBITDA margin rose to 16.8 %, while PAT margin improved to 11.1 %, reflecting operational strength. 

• The company’s strategy of focusing on complex, high‑margin verticals—industrial & EV, aerospace, and smart infrastructure—continues to drive profitable expansion. Ongoing investments in emerging segments such as ODM and strategic electronics (SpaceTech, aerospace, avionics) aim to broaden capabilities and global reach. These initiatives support Kaynes’ vision of evolving into a diversified, resilient, and design‑led global ESDM partner.

Bharat Forge:

• Bharat Forge to establish a new advanced ring mill dedicated to aerospace applications, following the signature of contracts with Pratt & Whitney, Canada for the supply of aerospace components. The new ring mill will be set up as part of company's ongoing expansion of its aerospace manufacturing capabilities. This facility is designed to produce high-performance aerospace products for aero-engine applications, leveraging cutting-edge technologies and adhering to the highest global quality and traceability standards.

India Faces Minimal GDP Impact From New US Tariffs, Export Losses Capped at 0.4%

LTI Mindtree:

• LTI Mindtree has announced the launch of BlueVerse CraftStudio, a next-generation agency that harnesses Adobe’s latest AI-powered innovations to help organizations streamline their marketing operations and unlock significant business benefits. Expanding on LTIMindtree’s existing CMO services, CraftStudio is designed to help marketing teams in organizations break through the barriers to AI adoption and business value realization.

Mankind Pharma:

• The Board has approved the acquisition of the Branded Generic Business relating to Women Health Rx Portfolio (Business Undertaking) of Bharat Serums and Vaccines Ltd (“BSV”), the wholly owned subsidiary of the company through slump sale on a going concern basis at a lump sum consideration. 

• BSV’s core business is specialty products while it’s said Business Undertaking is mostly prescription driven Branded Generics business which is the core strength of the Company. Business Undertaking Transfer will lead to operational, commercial and financial efficiency which will bring synergy in the business processes.

Adani Power Reports 15.53% Decline In Net Profit At ₹3,305 Crore For June Quarter

Gujarat Gas:

• Gujarat Gas collaborates with Waree Energy with signing of Gas Sales Agreement for PNG supply of 50,000 scmd for its Lithium-ion cells manufacturing unit at Valsad, Gujarat. This partnership will pave the way for sustainable energy solutions and reduce the carbon footprint paving way for sustainable energy thereby improving the quality of present and future human life. This plant is under construction and is expected to be commissioned in Q4FY26.

Swiggy:

• Swiggy reported a net loss of Rs 1,197 crore in Q1FY26, nearly doubling the Rs 611 crore loss on a YoY basis, driven largely by widening losses in its Quick Commerce arm, Instamart. EBIT loss for Instamart surged to Rs 797 crore from Rs 379 crore YoY. 

• Overall revenue rose 54% YoY to Rs 4,961 crore, with EBITDA loss widening to Rs 954 crore from Rs 544 crore. Food delivery revenue grew to Rs 1,799 crore, while Quick Commerce revenue more than doubled to Rs 806 crore. Gross Order Value (GOV) rose 45% YoY to Rs 14,797 crore, with food delivery GOV at Rs 8,086 crore and Quick Commerce GOV at Rs 5,655 crore.