Sensex and Nifty reached a historic milestone on Thursday, 1st August. This marks the fifth consecutive record close for the equity benchmark indices.

Nifty closed at 25,011, up 60 points, after touching an intraday high of 25,078. Sensex jumped 126 points to end at 81,868 as it touched an intraday high of 82,130.

The Midcap 100 Index declined massively to close 501 points lower at 58,490, snapping a four-day record of gains. At the high point of the day, the Midcap 100 Index touched 59,290 before declining; it witnessed a slide of 1% over the previous session.

Most sectoral indices ended in the red, increasing the India VIX by 2%, indicating higher market volatility. Market breadth turned negative with an advance-decline ratio of 1:2.

The major gainers from the Sensex were Power Grid Corporation, NTPC, Maruti Suzuki, Nestle India, Bharti Airtel, and HDFC Bank. The major losers included Mahindra & Mahindra, Tata Steel, Tata Motors, Bajaj Finserv, State Bank of India, and Infosys.

Adani Enterprises and Adani Ports gained 1-2% after their Q1 earnings reports. Coal India was a top Nifty gainer, rising 2% due to strong quarterly results.

Maruti Suzuki closed in the green despite pulling back from highs after announcing strong Q1 figures. Mahindra and Mahindra dropped 2% on mixed Q1 results.

Infosys ended up in the red after receiving GST notices from state and central authorities. Sun Pharma closed lower as its US formulation sales fell below expectations.

Zomato surged 2% on strong Q2 performance. Bajaj Auto closed in the green due to positive monthly sales data.

Tata Motors and Ashok Leyland were down 1% and 3%, respectively, on weak monthly sales figures. Dabur slipped 2% after in-line quarterly earnings.

Airline stocks, including IndiGo and SpiceJet, were down 2% following the hike in jet fuel prices.

PCBL and Firstsource gained 10% each on a positive outlook. Suzlon declined 4%, ending an eight-day winning streak. Escorts Kubota fell 2% from its highs on muted Q1 results.

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