Stock Market Today: Nifty Near 24,850, Power Grid Q1 Profit at ₹3,653 Cr

Stock Market Today: Indian equity benchmarks began the day on a positive note as the market showed resilience ahead of the monthly F&O expiry. The Nifty 50 surged past the 24,850 mark, while the Sensex gained over 150 points, supported by strong buying in power and auto stocks. Meanwhile, Power Grid Corporation of India reported a robust Q1 net profit of ₹3,653 crore, boosting sentiment in the power sector. In this post, we cover the latest market trends, sector-wise performance, and expert insights.

Stock Market Today

🔔 Market Overview – July 30, 2025

The Indian stock market opened on a positive note on Wednesday ahead of the monthly F&O expiry. Both the benchmark indices — Nifty 50 and Sensex — traded with mild gains during early hours, supported by buying in banking, IT, and power sector stocks.

As of 11:30 AM IST:

  • Nifty 50 is trading around 24,850, up 78 points
  • S&P BSE Sensex is up by 150 points, hovering near 82,300
  • Bank Nifty is trading above 53,000

Investor focus remains on derivative positions ahead of the F&O expiry, while strong corporate earnings have added momentum to select sectors.

💡 Power Grid Corporation Q1 Results – FY25

Power Grid Corporation of India Ltd (PGCIL) reported a sharp rise in net profit for Q1FY25. The company posted a consolidated net profit of ₹3,653 crore, up from ₹3,597 crore in Q1FY24.

📊 Key Highlights:

  • Revenue: ₹11,805 crore (up from ₹11,200 crore YoY)
  • EBITDA: ₹9,620 crore
  • EPS: ₹13.85
  • Board Update: No dividend declared this quarter

The strong performance was led by stable transmission revenues and improved efficiency. Analysts remain bullish on Power Grid due to its consistent cash flows and long-term visibility in power infrastructure.

📌 Sectoral Trends

  • 🔋 Power stocks lead gains – NTPC, Power Grid, Adani Energy trade higher
  • 🏦 Banking sector remains firm – SBI, HDFC Bank gain 0.8%–1.2%
  • 💻 IT sector flat to positive – Infosys, TCS steady
  • 🏗️ Infra stocks mixed – L&T gains, IRB Infra dips 0.5%

Broader markets are showing resilience with the Nifty Midcap and Smallcap indices also trading in green territory. India VIX remains below 12, indicating low volatility.

📈 Stocks in Focus Today

  1. Power Grid – Strong Q1 results; trades 2.3% higher at ₹285
  2. Bharti Airtel – Gains after 5G expansion update; stock up 1.5%
  3. Tata Steel – Marginal gains ahead of earnings tomorrow
  4. HCL Tech – Up 0.9% on order win buzz

Market experts advise cautious optimism ahead of expiry and recommend focusing on large-cap quality names, especially in banking and infrastructure sectors.

🧠 Expert View

“Nifty's immediate resistance is at 24,950. A break above this may lead to a fresh rally toward 25,100. Traders should watch out for expiry volatility.”

According to analysts, if the market sustains above current levels, the bullish momentum may continue into next week, especially if earnings surprises remain positive.

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📵 Disclaimer

This blog post is for informational and educational purposes only. Stock market investments are subject to risk. Always consult a SEBI-registered advisor before investing.

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