Asian Paints Sold it's 4.42% Stake in Akzo Nobel India Ltd
Asian Paints sold its entire 4.42% stake in Akzo Nobel India Limited for the value of INR 739 Crore through a Bulk Deal.
Indian benchmark indices are expected to open on a negative note on Wednesday, following a modestly positive close in the previous trading session. On Tuesday, the Nifty ended at 25,222, supported by investor optimism ahead of the upcoming earnings season and growing hopes of a trade breakthrough. Market sentiment was buoyed by expectations of strong corporate performance, though global uncertainties continue to weigh on investor confidence. Analysts suggest that while short-term momentum remains, profit booking and external cues may drive early weakness. Traders will closely watch domestic economic indicators and global market trends for further direction during the day.
Asian Paints sold its entire 4.42% stake in Akzo Nobel India Limited for the value of INR 739 Crore through a Bulk Deal.
RailTel Limited has received a Rs 17.47 crore order from Chhattisgarh’s General Administration Department for network connectivity and maintenance.
India’s Public Sector Bank, Union Bank of India reports 5% YoY growth in total business for Q1 FY26.
Emerson partners with Tata technologies. Their venture will develop integrated testing and validation solutions, specifically for the automotive and aerospace OEMs.
The Pharma major Dr Reddys Laboratories has recommended a final dividend of ₹8 per share for FY25. The record date is set for July 10, 2025.
The Ministry of Corporate Affairs has approved the incorporation of KPIN Clean Power Four LLP. The company will work for the renewable energy projects.
Top Gainers
| Symbol | Open | High | Low | Prev. Close | LTP | %chng | Volume | Value(₹ Lakhs) | |
|---|---|---|---|---|---|---|---|---|---|
| CCHHL | 16.63 | 19.95 | 16.51 | 16.63 | 19.17 | 15.27 | 24,72,468 | 484.60 | |
| JYOTISTRUC | 17.77 | 20.20 | 17.60 | 17.77 | 20.09 | 13.06 | 5,08,83,885 | 9,779.88 | |
| VIRINCHI | 21.29 | 24.28 | 21.29 | 21.28 | 24.00 | 12.78 | 6,95,180 | 161.70 | |
| OMAXAUTO | 92.26 | 104.70 | 91.61 | 92.48 | 102.99 | 11.36 | 5,35,928 | 539.63 | |
| DYNPRO | 308.00 | 352.50 | 306.80 | 305.30 | 339.25 | 11.12 | 12,14,423 | 4,164.74 |
Top Losers
| Symbol | Open | High | Low | Prev. Close | LTP | %chng | Volume | Value(₹ Lakhs) | |
|---|---|---|---|---|---|---|---|---|---|
| NECLIFE | 16.10 | 17.05 | 15.51 | 18.50 | 16.60 | -10.27 | 2,34,55,989 | 3,825.67 | |
| LOKESHMACH | 236.00 | 236.01 | 215.15 | 237.12 | 221.21 | -6.71 | 1,45,964 | 325.31 | |
| GATECH | 0.83 | 0.88 | 0.82 | 0.87 | 0.82 | -5.75 | 1,86,79,193 | 155.04 | |
| VSTL | 190.00 | 190.00 | 182.30 | 192.68 | 182.55 | -5.26 | 67,005 | 123.86 | |
| SHARDAMOTR | 1,110.50 | 1,114.00 | 1,066.10 | 1,129.10 | 1,070.00 | -5.23 | 1,45,036 | 1,574.24 | |
| DREAMFOLKS | 174.90 | 175.39 | 166.60 | 176.79 | 167.80 | -5.09 | 17,72,281 | 2,995.86 |
(This data was collected from NSE at 12:25PM)
Bond Yields Rise Slightly
The 10-year government bond yield rose to 6.2981% from 6.2875%, reflecting a mild dip in bond prices.
Reason: Liquidity & Supply Pressure
The dip was driven by the RBI’s liquidity tightening measures and increased debt supply in the market.
Global Impact
A selloff in U.S. Treasuries also added pressure, influencing Indian bond markets.
OIS Rates Movement
1-year OIS fell by 1 basis point to 5.50%
2-year OIS remained at 5.46%
5-year OIS rose by 2 basis points to 5.67%
The Sensex was down 22.12 points or 0.03 percent at 83,690.39, and the Nifty was up 1.30 points or 0.01 percent at 25,523.80. About 1953 shares advanced, 1303 shares declined, and 144 shares unchanged.
MCX opened with a 0.31% dip, quoting ₹96,290 for 10 grams of 24-carat and ₹90,556.28 for 22-carat. Bullion rates followed suit, sliding 0.26% to RS 96,540 (24-carat) and Rs 88,495 (22-carat). Chennai’s got the priciest gold in the pack, while New Delhi’s offering more wallet-friendly sparkle. Silver’s basically standing still—Rs 108,027/kg on MCX and ₹108,110 in the bullion market, marking a microscopic 0.01% drop.
Crizac shares made a strong market debut on Wednesday, listing at Rs 281 on the NSE and Rs 272 on the BSE — up to 15% above the IPO price. The Rs 860 crore offer, entirely an offer for sale, was subscribed 63 times.
Alsao Read: Crizac IPO Allotment Today: Rs 860 Crore Offer Fully Subscribed- Here Is Everything You Need To Know
| Factor | Impact on Indian Market | Investor Response |
|---|---|---|
| Tariff hikes on exports | Higher costs, reduced competitiveness | Cautious, reduced risk-taking |
| Import cost fluctuations | Margin pressure for import-dependent firms | Wait-and-watch approach |
| Market uncertainty | Volatility and selling pressure | Conservative investment moves |
| Domestic demand resilience | Supports market stability | Focus on domestic-centric stocks |
The Indian Stock Market benchmark indices, Sensex and Nifty opened with a flat start (9:20 AM). Nifty at 25,491.25 with −31.25 points, Whereas Sensex opened at 83,564.99 with −147.52 from previous session.
Global tariff talk and Trump’s tariff shocks are rattling markets, but the Indian share bazaar isn’t losing sleep. While others sweat, Dalal Street’s showing some serious resilience—steady, calm, and ready to dance through the storm. Looks like the bulls have packed their raincoats and aren’t backing down anytime soon.
Also Read: Stock Market Today: Sensex And Nifty Open In Red, Why Is The Share Bazaar Under Pressure?