Share Market Highlights 25 July 2023: Nifty and Sensex trade flat ... - BusinessLine

The Indian stock market experienced a slight decline, with the Sensex falling by 0.04% and the Nifty increasing by 0.04%. KPIT Technologies reported a rise in profits for Q1, while State Bank of India, HDFC Bank, Bank of Baroda, and Axis Bank are dominating the corporate lending market with competitive rates. DLF is optimistic about generating surplus cash, while Larsen & Toubro's net profit and revenue exceeded expectations. Spandana Sphoorty Financial incurred a loss in the previous fiscal but reported a profit in Q1 of the current financial year. Certain stocks, including JSW Steel and Tata Steel, saw gains, while others such as Asian Paints and L&T experienced losses. India's oil marketing companies are expected to see an improvement in operating profit this fiscal year. Asian Granito India announced the closure of its Idar Plant.

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