Top Gainers & Losers: Kotak Mahindra Bank, Tuesday, July 08, 2025
Published: 2025-07-08 16:30 IST | Category: Markets | Author: Abhi
Indian equities experienced a day of cautious optimism on Tuesday, July 08, 2025, with both the Sensex and Nifty 50 closing in the green. The Nifty 50 ended the session at 25,522.50, up 0.24%, and the Sensex gained 270.01 points to settle at 83,712.51. Investor sentiment remained subdued due to global tariff tensions and a general "wait and watch" approach awaiting clarity on a potential India-US trade deal.
Top Nifty 50 Gainers Today
- Kotak Mahindra Bank Ltd.: The stock saw a significant rise, driven by its total deposits reaching ₹4.91 lakh crore and CASA (Current Account Savings Account) hitting ₹1.91 lakh crore in June 2025.
- Asian Paints Ltd.: Was among the top performers in the Nifty 50.
- NTPC Ltd.: Also featured prominently among the day's gainers.
- Grasim Industries Ltd.: Contributed positively to the Nifty 50's performance.
Top Nifty 50 Losers Today
- Titan Co.: Was one of the top stocks that dragged the Nifty 50 down.
- Dr. Reddy's Laboratories Ltd.: Experienced declines during the trading session.
- Bajaj Auto Ltd.: Was among the stocks that weighed on the index.
- Cipla Ltd.: Also contributed to the Nifty 50's losses for the day.
Analysis: Reasons Behind the Moves
The market's performance on July 8, 2025, was largely shaped by a mix of specific corporate developments and broader macroeconomic factors. Kotak Mahindra Bank's notable gain was directly attributable to its strong deposit growth figures for June 2025, indicating robust financial health.
However, the overall market remained cautious. Global trade tensions, particularly renewed tariff threats from US President Donald Trump, continued to weigh on investor sentiment. Despite India being excluded from Trump's list of countries facing new tariffs and hints of a "close" trade deal with the US, investors adopted a "wait and watch" approach, seeking more concrete developments. A stronger Indian Rupee provided some breathing room by easing import costs and inflation fears. The impending Q1 FY26 earnings season is expected to influence individual stock movements more significantly in the coming days. Foreign Institutional Investor (FII) outflows persisted, though consistent Domestic Institutional Investor (DII) support helped mitigate some of the selling pressure.
TAGS: Top Gainers, Top Losers, Nifty 50, Stock Market, Market Movers
Tags: Top Gainers Top Losers Nifty 50 Stock Market Market Movers