Indian markets recovered partially on Thursday but closed lower, with the Sensex down nearly 300 points and Nifty50 below 24,800. FMCG stocks gained while healthcare, metals, oil & gas, and telecom saw selling. Schneider Electric hit a 52-week high.

Coal India Q1 Results: State-owned coal miner Coal India reported 20% YoY decline in its consolidated net profit at Rs 8734 crore in the first quarter. Revenues too fell 4% YoY to Rs 35,842 crore in the same period.

President Trump s 25% tariff on Indian exports poses significant economic challenges, impacting key sectors like textiles, gems, and electronics. Businesses face margin pressures and potential job losses, while the RBI grapples with balancing interest rates amid global volatility. Despite these headwinds, India s strategic importance in global supply chains offers some resilience.

Insurance firms trimmed stakes in nine Nifty500 stocks from March to June 25, reflecting cautious outlooks or portfolio shifts, with notable cuts in Divi’s, Lupin, Apollo, and Marico.

Swiggy reported a Q1FY26 loss of Rs 1,197 crore despite a 54% YoY revenue rise. The company is reassessing its 12% stake in Rapido over a conflict of interest. Key focus areas include food delivery margins, Instamart expansion, and affordability initiatives like the 99-Store to drive user growth.

Maruti Suzuki reported a 1.7% YoY rise in Q1FY26 profit to Rs 3,711.7 crore, driven by strong exports amid weak domestic demand. Hyundai India saw an 8% profit drop, offset by 37.4% export growth. Both automakers faced rising costs and a sluggish local market but benefited from robust overseas sales.

Gold prices fell Rs 603 per 10 gm on Thursday after the US Fed held rates steady, dampening hopes of a September cut. Despite the dip, domestic demand and global central bank buying may support prices. Silver also corrected but remains promising due to strong industrial demand.

Gold futures edged up slightly while silver tumbled over 1.6% amid profit-taking and a stronger dollar. Trade tensions, US GDP recovery, and stable interest rates pressured bullion prices in both domestic and global markets, triggering volatility and uncertainty.

Maruti Suzuki Q1 Results: Maruti Suzuki India announced its Q1FY26 results. The company s consolidated net profit increased slightly to Rs 3,792 crore. Revenue from operations also rose to Rs 38,605 crore. Sales volume saw a marginal increase. However, operating EBIT declined due to adverse commodity prices and other factors. The company also faced expenses related to its new Kharkhoda plant.

The Rs 69.81 crore book-built IPO of Kaytex Fabrics comprises a fresh issue of 31.99 lakh shares worth Rs 57.59 crore, along with an offer for sale (OFS) of 6.79 lakh shares totalling Rs 12.23 crore.