A+| A| A-|
Partner with us icon Partner with Us

Corporate Actions

Nifty trades above 24,250; oil & gas shares in demand

30-Jul-26   12:33 Hrs IST
The key equity barometers traded with minor gains in the early afternoon trade. The Nifty traded above the 24,250 mark. Oil & gas shares extended their gains for the second consecutive trading session.

At 12:30 IST, the barometer index, the S&P BSE Sensex, added 40.41 points or 0.05% to 77,695.01. The Nifty 50 index rallied 17.30 points or 0.07% to 24,267.10.

The broader market underperformed the frontline indices. The BSE 150 MidCap Index shed 0.26% and the BSE 250 SmallCap Index fell 0.53%.

The market breadth was negative. On the BSE, 1,617 shares rose and 2,347 shares fell. A total of 213 shares were unchanged.

Derivatives:

The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rose 1.02% to 12.13. The Nifty 25 August 2026 futures were trading at 24,305.50, at a premium of 38.4 points as compared with the spot at 24,267.10.

The Nifty option chain for the 25 August 2026 expiry showed a maximum call OI of 64.3 lakh contracts at the 24,000 strike price. A maximum put OI of 79.1 lakh contracts was seen at the 24,000 strike price.

Buzzing Index:

The Nifty Oil & Gas index rose 0.42% to 11,122.30. The index rose 0.48% in the two consecutive trading sessions.

Chennai Petroleum Corporation (up 2.69%), Oil & Natural Gas Corpn (up 1.64%), Oil India (up 1.59%), Reliance Industries (up 1.07%) and Petronet LNG (up 0.58%), Mahanagar Gas (up 0.25%), Castrol India (up 0.11%) jumped.

Stocks in Spotlight:

V-Guard Industries soared 5.41% after the company's consolidated net profit climbed 76.37% to Rs 130.25 crore in Q1 FY27 from Rs 73.85 crore in Q1 FY25. Revenue from operations increased 23.5% YoY to Rs 1,810.65 crore in Q1 FY27, reflecting broad-based growth across product categories and geographies.

Chalet Hotels fell 4.24% after the company's consolidated net profit tanked 57.60% to Rs 86.12 crore on 42.73% decrease in revenue from operations to Rs 512.27 crore in Q1 FY27 over Q1 FY26.

Powered by Capital Market - Live News

Attention Investors:

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. || KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. || No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.