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Grasim Surges on Strong Q1, Defence Stocks Rally, Voltas Slumps on Weak Earnings
Grasim Surges on Strong Q1, Defence Stocks Rally, Voltas Slumps on Weak Earnings
Written by - Fisdom Research
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August 11, 2025
2 minutes
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Market Snapshot
Equity benchmarks Sensex and Nifty gained nearly 1% on August 11, snapping a six-week losing streak.
Markets opened on a positive note and extended gains through the session, aided by a recovery in heavyweights across sectors.
The Nifty closed near the day’s high at 24,585, almost erasing Friday’s losses.
All key sectors advanced, with realty, auto, and pharma stocks leading the gains.
Broader markets also saw relief, with midcap and smallcap indices rising 0.34% to 0.79%
Sectoral Trends
Sector Name
% Change
Sector Name
% Change
NIFTY PSU BANK
2.2
NIFTY PHARMA
1.0
NIFTY REALTY
1.9
NIFTY PRIVATE BANK
0.8
NIFTY HEALTHCARE INDEX
1.2
NIFTY FMCG
0.7
NIFTY AUTO
1.1
NIFTY OIL & GAS
0.6
Top News
Grasim Industries rose over 3% after posting a 32% sequential jump in Q1FY26 net profit to ₹1,419 crore, with revenue up 16% YoY to ₹40,118 crore.
Defence stocks rallied, lifting the Nifty Defence index 1.3%, led by gains in Paras Defence, Astra Microwave, Data Patterns, Solar Industries, and Mazagon Dock.
Voltas slumped 8% after disappointing Q1FY26 results, with CLSA cutting its target price to ₹1,170 citing a sharp drop in revenue and margins.
Top Gainers and Losers
Top Gainers
% Change
Top Losers
% Change
ADANIENT
4.2
HEROMOTOCO
-0.8
TATAMOTORS
3.2
BEL
-0.2
ETERNAL
2.7
BHARTIARTL
-0.2
Technical Outlook: Key Indices
Indices Name
Support
Resistance
Nifty
24,400
24,850
Bank Nifty
55,000
57,000
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