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Waaree Surges on Strong Q1; Adani Power Eyes Stock Split; Paras Defence Slides
Waaree Surges on Strong Q1; Adani Power Eyes Stock Split; Paras Defence Slides
Written by - Fisdom Research
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July 29, 2025
2 minutes
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Market Snapshot
Benchmark indices rebounded after a three-day losing streak, with the Nifty 50 closing above 24,800, driven by broad-based buying in heavyweights.
All sectoral indices ended in the green, led by Realty, Pharma, and Oil & Gas, each gaining around 1%.
The BSE Midcap index rose 0.8%, while the Smallcap index gained 1%.
Sectoral Trends
Sector Name
% Change
Sector Name
% Change
NIFTY REALTY
1.6
NIFTY MIDSMALL IT & TELECOM
1.2
NIFTY PHARMA
1.4
NIFTY OIL & GAS
1.1
NIFTY MIDSMALL HEALTHCARE
1.3
NIFTY METAL
1.0
NIFTY HEALTHCARE INDEX
1.3
NIFTY AUTO
0.8
Top News
Waaree Energies surged 5% intraday after Q1FY26 net profit jumped 89% YoY to ₹745 crore; revenue rose 30% to ₹4,426 crore. Board approved ₹2,754 crore capex for two new plants.
Adani Power gained nearly 4% as its board is set to consider a stock split and Q1 results on August 1.
Paras Defence fell nearly 6% after a 10% drop the previous day; Q1 net profit dipped 25% QoQ to ₹14.87 crore despite marginal YoY growth.
Top Gainers and Losers
Top Gainers
% Change
Top Losers
% Change
JIOFIN
4.8
SBILIFE
-0.9
RELIANCE
2.1
AXISBANK
-0.8
ASIANPAINT
2.0
TCS
-0.7
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