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Jindal Stainless Ltd, ICICI Prudential Asset Management Co Ltd, New India Assurance Company Ltd, Deepak Nitrite Ltd are among the other stocks to see a surge in volumes on BSE today, 05 August 2026.
Cello World Ltd clocked volume of 3.27 lakh shares by 10:46 IST on BSE, a 22.1 times surge over two-week average daily volume of 14808 shares. The stock gained 8.26% to Rs.373.40. Volumes stood at 20098 shares in the last session.
Jindal Stainless Ltd witnessed volume of 4.19 lakh shares by 10:46 IST on BSE, a 18.73 times surge over two-week average daily volume of 22364 shares. The stock increased 1.37% to Rs.746.00. Volumes stood at 1.06 lakh shares in the last session.
ICICI Prudential Asset Management Co Ltd witnessed volume of 1.03 lakh shares by 10:46 IST on BSE, a 16.77 times surge over two-week average daily volume of 6152 shares. The stock increased 0.41% to Rs.3,075.00. Volumes stood at 12279 shares in the last session.
New India Assurance Company Ltd notched up volume of 10.56 lakh shares by 10:46 IST on BSE, a 15 fold spurt over two-week average daily volume of 70434 shares. The stock rose 6.46% to Rs.182.90. Volumes stood at 39758 shares in the last session.
Deepak Nitrite Ltd registered volume of 1.61 lakh shares by 10:46 IST on BSE, a 12.18 fold spurt over two-week average daily volume of 13221 shares. The stock rose 2.14% to Rs.1,752.30. Volumes stood at 22384 shares in the last session.
Market participants will closely monitor further developments in the US-Iran conflict, movements in crude oil prices, the ongoing Q1 earnings season and corporate business updates, as well as the progress of the southwest monsoon for cues on market direction.
Auto, PSU Bank and private bank shares declined while IT, FMCG and pharma shares advanced.
At 09:25 IST, the barometer index, the S&P BSE Sensex declined 247.97 points or 0.31% to 77,352.17. The Nifty 50 index fell 72.55 points or 0.29% to 24,144.60.
In the broader market, the BSE 150 MidCap Index fell 0.26% and the BSE 250 SmallCap Index dropped 0.49%.
The market breadth was negative. On the BSE, 1,340 shares rose and 1,628 shares fell. A total of 175 shares were unchanged.
Foreign portfolio investors (FPIs) sold shares worth Rs 3,062.27 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 2,171.70 crore in the Indian equity market on 13 July 2026, provisional data showed.
Economy:
India’s retail inflation breached the Reserve Bank’s target for the first time in 17 months, government data showed on Monday, setting the stage for interest rate hikes in an economy at risk from a prolonged West Asia conflict.
The consumer price index rose to 4.38% year-over-year in June, up from 3.93% figure that was recorded in May. Inflation was led by higher fuel and food costs, which rose amid Iran war-driven supply disruptions and a delay in seasonal rains.
The year-on-year inflation rate based on the All India Consumer Food Price Index (CFPI) for the month of June was 5.32%, India’s Ministry of Statistics and Program Implementation said in a Monday release. Transport inflation rose 4.3% in June, quicker than the 1.75% rise in May.
Stocks in Spotlight:
ICICI Prudential Asset Management Company declined 1.43%. The company net profit rose 23.10% YoY and 25.45% QoQ to Rs 964.63 crore in Q1 FY27. Total income increased 18.10% YoY and 20.18% QoQ to Rs 1,745.02 crore in the June 2026 quarter.
HCL Technologies fell 1.85%. The company’s consolidated net profit increased 20.3% year-on-year and 3.0% quarter-on-quarter to Rs 4,624 crore in Q1 FY27. Revenue from operations rose 13.9% YoY and 1.8% QoQ to Rs 34,579 crore. In US dollar terms, revenue stood at $3.65 billion, up 3.0% YoY but down 0.9% QoQ. Constant currency (CC) revenue declined 0.5% QoQ and increased 2.6% YoY.
Sun Pharma Advanced Research Company (SPARC) declined 2.49%. The company has appointed Anil Raghavan as its managing director (MD) and chief executive officer (CEO) , effective August 11, 2026.
Numbers to Track:
The yield on India's 10-year benchmark federal paper advanced 0.76% to 6.784 compared with the previous session close of 6.733.
In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 96.1300 compared with its close of 95.6800 during the previous trading session.
MCX Gold futures for 5 August 2026 settlement jumped 0.49% to Rs 1,40,970.
The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.07% to 101.17.
The United States 10-year bond yield rose 0.26% to 4.622.
In the commodities market, Brent crude for September 2026 settlement jumped $1.53 or 1.84% to $84.83 a barrel.
Global Markets:
Asian markets traded lower and oil hit a one-month high in early Asian trading on Tuesday after President Donald Trump said the U.S. was reinstating its blockade of Iranian shipping in the Gulf and would collect a 20% fee on cargo traversing the Strait of Hormuz.
The latest escalation came after Iran and the U.S. exchanged airstrikes over the weekend. Tehran targeted U.S. facilities in several Gulf countries and declared the Strait of Hormuz closed, though Trump disputed that claim on Sunday, saying the key shipping lane remained open to commercial traffic.
Trump on Saturday ordered airstrikes on Iran after Tehran attacked a commercial vessel transiting the strait.
Markets were also rattled by hawkish comments on Monday from Federal Reserve Governor Christopher Waller, who said the U.S. central bank may need to raise interest rates 'in the near term' if coming data show inflation continuing well above the 2% target.
Overnight, stocks on Wall Street sold off and oil futures surged more than 9% as conflict between the United States and Iran re-ignited, once again throttling the flow of goods through the Strait of Hormuz.
The S&P 500 lost 0.79% to end the day at 7,515.34, while the Nasdaq Composite fell 1.55% to finish at 25,873.18. The Dow Jones Industrial Average settled down 138.37 points, or 0.26%, at 52,498.64.
All eyes now are on the U.S. CPI data that is due for release later on Tuesday, followed by comments from Fed Chair Warsh, who will deliver the central bank's semi-annual monetary policy report to Congress.
Total income increased 18.10% YoY and 20.18% QoQ to Rs 1,745.02 crore in the June 2026 quarter.
Profit before tax stood at Rs 1,280.65 crore in Q1 FY27, up 22.45% QoQ and 20.61% YoY.
Operating profit before tax increased 20.2% YoY to Rs 1,100 crore.
On the cost front, total expenses increased 11.74% YoY to Rs 464.37 crore in Q1 FY27. Employee benefits expense rose 11.03% YoY to Rs 203.99 crore, while fees and commission expense increased 20.09% YoY to Rs 123.69 crore. Finance costs declined 7.96% YoY to Rs 4.74 crore, while depreciation and amortisation expense increased 10.78% YoY to Rs 28.06 crore.
Other income increased 23.12% YoY to Rs 180.80 crore, while tax expense rose 13.55% YoY to Rs 316.02 crore.
The company reported healthy growth in assets under management during the quarter. Mutual fund quarterly average assets under management (QAAUM) rose 18.32% YoY to Rs 11.17 lakh crore, with a market share of 13.4%. Actively managed QAAUM increased 15.13% YoY to Rs 9.25 lakh crore, with a market share of 13.5%. Equity and equity-oriented schemes QAAUM grew 19.82% YoY to Rs 6.31 lakh crore, with a market share of 14.0%. Equity-oriented hybrid QAAUM climbed 24.84% YoY to Rs 2.22 lakh crore, giving the company a market share of 26.6%.
The alternatives business reported QAAUM of Rs 79,446 crore, comprising portfolio management services (PMS) assets of Rs 28,996 crore, alternative investment fund (AIF) assets of Rs 22,737 crore and advisory assets of Rs 27,713 crore.
Monthly systematic transactions increased 14.77% YoY to Rs 4,872 crore in June 2026. The company had over 1.16 lakh empanelled distribution partners across 286 offices, while its unique customer base expanded to 17.3 million as of 30 June 2026 from 15.1 million a year earlier.
ICICI Prudential Asset Management Company is one of India's leading asset managers, offering mutual funds, portfolio management services, alternative investment funds and offshore advisory services. With over 30 years of experience, the company serves 17.3 million customers through 286 offices and has a workforce of 3,813 employees.
Shares of ICICI Prudential Asset Management Company rose 1.60% to settle at Rs 3,210 on the NSE.
Prudential plc (Prudential), a leading insurer and asset manager in Asia and Africa, on 17 May 2026 announced that as part of a strategic repositioning of its India operations it has agreed to acquire a 75% stake in Bharti Life Insurance Company (Bharti Life), a prominent Indian life insurer, from Bharti Life Ventures and 360 ONE Asset Management (360 ONE).
Completion of the transaction remains subject to receipt of regulatory approvals and the satisfaction of other conditions.
Anil Wadhwani, Prudential plc's CEO said, 'India is a strategically important and exciting market for Prudential. By acquiring a controlling stake in Bharti Life, we are bringing together Prudential's nearly 180 years of global insurance expertise and Bharti's strong and growing local presence to serve the savings and protection needs of Indian consumers. Through this acquisition, we aim to contribute further to The Viksit Bharat Initiative and, by extending access to our products and services to customers in India, act as a catalyst for achieving 'Insurance for All by 2047'. Our joint partnership with the ICICI group of companies, has, for many decades, provided high-quality financial services solutions in India. We deeply appreciate this partnership and value our relationship with them.'
As part of the transaction, Bharti Life will also look into securing strategic distribution agreements with Bharti Airtel and 360 ONE.
Following completion, Prudential's Indian operations will consist of majority -owned Bharti Life Insurance Company and Prudential HCL Health Insurance, and minority shareholdings in two listed entities, namely 35% of ICICI Prudential Asset Management Company and 22% in ICICI Prudential Life Insurance Company (ICICIPru Life).
Regulatory approvals for the transaction are expected to require Prudential to reduce its shareholding in ICICIPru Life to under 10%. Prudential is engaging with the relevant regulatory authorities on this process and will seek an appropriate timeframe for the divestment that may be required, in the interests of its shareholders.
Separately, Prudential continues to progress toward regulatory approvals for its standalone, majority-owned health insurance business in India. Health insurance operations are expected to commence during 2026 on receipt of these approvals.
The transaction is for an initial cash consideration of ~Rs 3,500 crore (c. $389 million) payable on completion. The transaction will be funded from existing resources.
The transaction is expected to deliver compelling strategic and financial benefits for Prudential over time. Further details will be provided when regulatory consent has been received for the transaction.
It is expected that part of the proceeds from any divestment of ICICIPru Life will be used to support future growth in the business. The residual capital would contribute to Prudential's free surplus.
There is potential additional consideration payable of up to ~Rs 700 crore (c. $78 million), dependent on the fulfilment of certain conditions.
For the full year,net profit rose 24.43% to Rs 3298.26 crore in the year ended March 2026 as against Rs 2650.66 crore during the previous year ended March 2025. Sales rose 23.10% to Rs 5764.63 crore in the year ended March 2026 as against Rs 4682.78 crore during the previous year ended March 2025.
Profit before tax (PBT) climbed 13.27% YoY to Rs 1,038.57 crore in the quarter ended 31st March 2026. Operating profit jumped 30.2% to Rs 1,127.85 crore in Q4 FY26 compared with Rs 865.91 crore in Q4 FY25.
The company’s mutual fund (MF) Quarterly Average Asset Under Management (QAAUM) stood at 11,04,787 crore as on 31st March 2026, registering the growth of 25.6% compared with Rs 8,79,412 crore as on 31st March 2025. Active MF QAAUM increased 21.9% YoY to Rs 9,20,615 crore as on 31st March 2026 with a 13.7% market share.
On annual basis, the company’s consolidated net profit surged 24.43% to Rs 3,298.26 crore in FY26 compared with Rs 2,650.66 crore in FY25. Revenue from operations increased 23.1% YoY to Rs 5,764.63 crore in FY26.
The company’s board declared a final dividend of Rs 12.40 per equity share for the financial year ended March 31, 2026.
ICICI Prudential Asset Management Company is a leading asset management company (AMC) in the country. It is involved in managing mutual funds, providing portfolio management services, managing alternative investment funds, and providing advisory services to offshore clients.