Nifty, Sensex Erase Early Losses to End Higher on August 7; Hero MotoCorp, Lupin Among Top Gainers
- 7th August 2025
- 05:00:00 PM
- 3 min read
Mumbai | August 7 – Indian equity benchmarks Nifty 50 and Sensex ended slightly higher on Thursday, August 7, after staging a sharp rebound in the final hour of trade. This recovery came despite early session weakness triggered by geopolitical concerns, including US President Donald Trump’s announcement of an additional 25% tariff on Indian goods, citing India’s purchase of Russian oil.
The BSE Sensex closed up 79.27 points or 0.10% at 80,623.26, while the NSE Nifty50 gained 21.95 points or 0.09% to settle at 24,596.15. The indices reversed losses of over 800 points (Sensex) and 250 points (Nifty) from their intraday lows, helped by buying interest in auto, pharma, and IT stocks.
Broader market performance was mixed. The BSE Midcap index rose by 0.3%, while the Smallcap index ended flat. Market breadth was slightly negative, with 1,708 stocks advancing, 1,981 declining, and 125 remaining unchanged on the BSE.
Nifty 50: Top Gainers and Losers on August 7
Hero MotoCorp emerged as the top gainer on the Nifty50 index, climbing 4.7% to close at ₹4,660 after the company beat profit estimates for Q1FY26. It reported a flat net profit of ₹1,126 crore, but exceeded market expectations of ₹1,054 crore despite a 5.5% decline in revenue.
Other top performers included:
- Tech Mahindra: +1.99%
- JSW Steel: +1.94%
- Eicher Motors: +1.46%
- Wipro: +1.18%
On the flip side, Adani Enterprises led the losses, dropping 2.36%. This followed broader weakness in the Adani Group stocks amid ongoing tariff concerns and global fund flows.
Other key losers were:
- Adani Ports: -1.43%
- Grasim: -0.86%
- Hindustan Unilever: -0.77%
- Trent: -0.76%
In total, 31 Nifty stocks ended in the green, while 19 closed in the red.
Stock Highlights: NSDL, Bajaj Auto, BHEL, Lupin in Focus
- NSDLshares surged to a new high of ₹1,123, rallying 20% The stock has now zoomed 25% above its IPO issue price of ₹800.
- Lupinshares jumped nearly 5% after posting a robust 52% YoY increase in Q1 net profit, drawing bullish analyst sentiment.
- Bajaj Autorebounded 1%, recovering from early losses. The automaker posted a 14% rise in Q1 consolidated net profit and a 10% increase in revenue.
- BHELplunged 6% after posting disappointing Q1FY26 numbers. The stock has corrected more than 21% from its 52-week high.
Bottomline
Despite early jitters from global developments, including a sharp tariff hike by the US, Indian markets managed to stabilise and end in positive territory. Buying in index heavyweights like Hero MotoCorp, Lupin, and IT stocks provided support, while Adani Group names remained under pressure.
The recovery from the day’s lows suggests that investors are closely watching both global cues and domestic earnings for further direction.
PL Capital
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
