Indian stock markets saw significant volatility on July 8. The benchmark indices sharply gained in the second half of the day as the possibility of India and US announcing their much anticipated mini trade deal boosted investor sentiment.
At close, the Sensex was up 270.01 points or 0.32 percent at 83,712.51, and the Nifty was up 61.20 points or 0.24 percent at 25,522.50. About 1889 shares advanced, 1990 shares declined, and 124 shares unchanged. While the mainline indices managed to add some wins, the broader markets were mildly into the red.
Here are the stocks which recorded the most notable moves today:
Bombay Stock Exchange
Shares of Asia's oldest bourse BSE Ltd tumbled over 9 percent intraday as investors continued to offload their shares amid regulatory overhangs and valuation concerns. Further, capital market stocks also saw significant selling pressure, as reports suggested that the SEBI board is likely to consider linking link options and cash exposure, according to sources to CNBC-TV18. If SEBI progresses with this move, it would increase cash market liquidity, while curtailing options liquidity. Further, SEBI may also discuss other steps to curb retail trading in options. BSE shares later recovered some losses to close 5.55 percent lower at Rs 2,490 apiece.
Bharat Forge
Shares of auto companies declined sharply amid caution over US tariffs. President Donald Trump on Monday said the US was close to finalising a trade deal with India. Bharat Forge shares dropped nearly 2 percent to close at Rs 1,281.60 apiece.
PC Jeweller
Jewellery player PC Jeweller Ltd saw its stock crack over nine percent intraday as exchanges NSE and BSE put the stock under the short-term additional surveillance measures (ASM) framework. The stock has now snapped a 5-day gaining streak. The stock recovered some loses to close over 4 percent lower at Rs 17.90 apiece.
Titan
Tata Group player Titan Company shares tumbled 6 percent after recording a 20 percent growth in the consumer business for the quarter ended June 30, 2025. During the quarter, Titan saw a net addition of 10 stores, taking the total retail network to 3,322 stores. Domestic business grew 19 percent YoY, led by Watches at 23 percent and CaratLane at 38 percent. The jewellery segment, including Tanishq, Mia, and Zoya, saw an 18 percent growth, with TMZ brands alone rising 17 percent.
Aurobindo Pharma
The shares of Indian pharma companies dropped in trade on July 8 as US President Donald Trump reignited investor concerns after sending tariff letters to several countriesMacquarie has double downgraded Aurobindo Pharma to 'underperform' from 'outperform', and reduced its target price by 40 percent to Rs 1,010 per share, Zee Business reported. The stock dropped nearly 4 percent to close at Rs 1,142 apiece.
Kotak Mahindra Bank
Shares of Kotak Mahindra Bank gained over 3 percent after it posted a stable performance in the June quarter business update, reflecting steady momentum in both lending and deposit growth, even as gains in low-cost deposits moderated.The private lender’s loan book expanded to Rs 4.45 lakh crore as of June 30, 2025, marking a 14 percent rise from Rs 3.90 lakh crore a year ago. On a sequential basis, advances were up 4.2 percent from Rs 4.27 lakh crore at the end of March.
KPR Mill
Domestic textile players saw their shares rally over eight percent after U.S. imposed sweeping tariffs of 35 percent on Bangladesh.With the imposition of such high tariffs on Bangladesh, locally manufactured textile exports become more competitive in comparison in global markets. KPR Mill shares closed nearly 4 percent higher at Rs 1,200 apiece.
Navin Fluorine
The shares of Navin Fluorine International jumped over 3 percent after the company launched a Qualified Institutional Placement (QIP) to raise up to Rs 750 crore. The shares of the company hit a fresh 52-week high of Rs 5,054 apiece.In an exchange filing released in the post market hours of July 7, Navin Fluorine announced that its board has approved the launch of its QIP on the same day. The company has set a floor price of Rs 4,798.28 per share for the QIP, based on the pricing formula set by SEBI.
Siemens Energy India
Shares of Siemens Energy India Ltd gained as much as 2 percent, after the company’s strong Q2 and H1 FY25 performance, which beat market expectations despite the absence of comparable figures from the year-ago period due to the recent demerger.The company reported a robust 24 percent sequential jump in revenue for the June quarter, while operating margins held firm at 19.1 percent, driven largely by strength in the power transmission business. However, margins in the power generation segment remained subdued. Notably, Siemens Energy has delivered steady margin improvement over the past two quarters, even after adjusting for one-time items.
Schloss Bangalore
Shares of Schloss Bangalore Ltd, the owner of the Leela Hotels chain, rallied as much as 6 percent after two global brokerages initiated coverage with bullish views, citing strong fundamentals and a promising growth outlook.BOFA Securities started its coverage with a ‘Buy’ call, setting a price target of Rs 520 per share, implying an upside potential of 28 percent from the last close of Rs 406 on the NSE. Morgan Stanley echoed the optimism, initiating coverage with an ‘Overweight’ rating and a higher target of Rs 549.Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.
