The market saw a mixed trend with 1417 stocks advancing and 1366 declining, as India's forex reserves jumped to a two-month high and Q1 earnings results were released for various companies.
- India's forex reserves rose $10.5 billion to $692.87 billion as of July 31.
- Gold futures increased to ₹1.50 lakh/10 gram due to spot demand.
- LIC shares closed 1.66% higher after analysts upgraded targets following a record VNB margin beat.
- Several companies reported Q1 results, including TransIndia Real Estate, Ola Electric Mobility, and Titan Company.
- Britannia shares closed 1.96% higher despite mixed analyst reactions to its Q1 results.