Markets Dip on Global Pressures; All Eyes on Coal India, Swiggy, and Eicher Motors

Markets fell Thursday amid global headwinds. Discover the top stocks today that could move the needle on July 31, from IPO debuts to Q1 results.

India’s stock markets closed in the red on Thursday as a blend of global and domestic headwinds triggered selling pressure across key indices. The BSE Sensex fell by 296.28 points, or 0.36%, ending the day at 81,185.58. Similarly, the NSE Nifty50 dropped by 86.70 points, or 0.35%, to close at 24,768.35.

Several factors contributed to the downturn—ranging from renewed Trump tariffs, monthly expiry of F&O contracts, to lukewarm Q1 earnings and sustained foreign institutional investor (FII) selling. As investors adopt a more cautious stance, the spotlight now shifts to specific stocks poised to move the market on July 31.

🚨 Top Stocks in the News Today

Coal India: Declining Profit and Revenue

Coal India reported a significant 20.2% year-on-year (YoY) drop in net profit, settling at ₹8,734.2 crore for Q1 FY26. Revenue also declined by 4.4% YoY to ₹35,842.2 crore. Despite the setback, the company declared an interim dividend of ₹5.5 per share, maintaining shareholder value amid a challenging quarter.

Eicher Motors: Stable Performance Amid Volatility

Eicher Motors, the parent of Royal Enfield, announced a 9.4% YoY growth in net profit, totaling ₹1,205.2 crore. Revenue increased by 14.8% YoY to ₹5,014.8 crore, showing resilience in the two-wheeler segment even as macroeconomic uncertainties loomed large.

Shanti Gold International: IPO Buzz

The newly listed B2B gold jewellery company Shanti Gold International will make its debut today. The firm raised ₹360.11 crore through its IPO, with shares priced at ₹199 each. The positive response to the IPO signals robust investor interest in precious metals and niche manufacturing sectors.

📦 Auto Sector in Focus

Automobile manufacturers—ranging from two-wheelers to commercial vehicle makers—are expected to release their monthly sales figures for July today. With consumer demand slowly recovering and festive sentiment building, analysts expect a mixed bag of results. Eicher Motors and Maruti Suzuki remain key watchlist stocks in this segment.

💸 Dividend Stocks Trading Ex-Date

Several blue-chip and mid-cap stocks will trade ex-dividend today, including:

  • Maruti Suzuki

  • BHEL

  • United Spirits

  • PNB Housing Finance

  • PTC India

  • City Union Bank

  • Varun Beverages

These stocks may see increased volume and potential price adjustment due to dividend payouts.

🛵 Swiggy: Revenue Up, Losses Widen

Swiggy reported an impressive 54% YoY surge in revenue, reaching ₹4,961 crore. However, its net loss widened to ₹1,197 crore. Notably, the food delivery business grew 18.6%, contributing ₹1,800 crore, while quick commerce soared by 115.5% YoY, adding ₹806 crore. The company also saw its supply chain and distribution segment rise by 78.2%, signaling diversified growth.

🧪 Pharma and Insurance Earnings

PB Fintech

The insurance aggregator reported a 40.6% YoY rise in net profit at ₹84.6 crore. Revenue also jumped 33.4% to ₹1,348 crore, showcasing strong digital insurance adoption trends.

Mankind Pharma

Despite a 24.5% rise in revenue, the company saw an 18.1% drop in net profit to ₹444.6 crore. Rising input costs and operational expenses may have impacted bottom-line margins.

Niva Bupa Health Insurance

The standalone health insurer’s net loss ballooned to ₹91.44 crore, even as gross written premium increased by 11.5% YoY. This reflects the cost pressures in health coverage offerings.

🔌 Sectoral Highlights and Corporate Moves

  • Gujarat Gas inked a gas sales agreement with Waaree Energy for supplying PNG to its lithium-ion cell unit in Valsad.

  • RR Kabel reported a 39.4% YoY rise in net profit to ₹89.8 crore.

  • Radico Khaitan saw profits surge by 73.14% YoY, driven by strong volumes in its Prestige & Above segment.

  • Netweb Technologies posted over 100% YoY growth in profit, fueled by rising demand in AI and defense tech.

  • City Union Bank posted a 15.7% YoY increase in profit, with a slight reduction in NPAs.

  • PNB Housing Finance‘s MD & CEO Girish Kousgi resigned, effective October 28, 2025.

📊 What to Expect Next?

With earnings season in full swing, volatility may persist. However, India Inc.’s broad-based performance across tech, pharma, insurance, and manufacturing offers opportunities for selective investment. Furthermore, the upcoming sales data from automakers and listing of Shanti Gold could steer short-term market sentiment.