fff
Updates

Indian Stock Market Today: Market Outlook, Stocks to Watch, Stocks in News & Q1 Results | 31 July 2026

Writer
Santosh Meena
timer
July 31, 2026
Indian Stock Market Today: Market Outlook, Stocks to Watch, Stocks in News & Q1 Results | 31 July 2026blog thumbnail

The Indian stock market enters the final trading session of July with positive global cues, strong institutional participation, and several earnings announcements likely to keep market participants engaged. Investors tracking the stock market today India will be closely watching the opening trend, key technical levels, corporate developments, and Q1 earnings for fresh market direction.

In today's daily market update, we cover the complete market setup, stocks to watch today, the latest stocks in news, companies announcing Q1 results today, and the important technical observations shared by Santosh Meena, Head of Research, Swastika Investmart, during Trader's Breakfast. Whether you're following the NSE and BSE, monitoring the Nifty 50, or looking for the latest Indian stock market news today, this report brings together the key updates before the opening bell.

Key Takeaways

  • Positive global cues with GIFT Nifty indicating a firm start.
  • FIIs remained net buyers in the cash market.
  • Nifty continues its upward move while Bank Nifty remains range-bound.
  • Three stocks to watch today highlighted during Trader's Breakfast:
    • GE Vernova T&D India Ltd
    • Hindalco Industries Ltd
    • Nykaa
  • Four companies remain in focus under today's stocks in news.
  • Multiple companies are scheduled to announce Q1 results today.

Watch Today's Complete Market Outlook

Stay updated with today's Trader's Breakfast, where Santosh Meena, Head of Research, Swastika Investmart, discusses the latest Indian stock market outlook today, July 31 2026, global cues, technical outlook, sectoral trends, market movement, and stocks to watch today.

Market Setup Today (31 July 2026)

Global Markets

  • US markets ended higher (Dow Jones +614 points).
  • Dow Futures are trading higher (+188 points).
  • Asian markets are trading on a positive note.
  • GIFT Nifty: +70 points.

Cash Market

  • FII: +₹3,624 crore
  • DII: -₹1,864 crore
  • Net: +₹1,760 crore

F&O Data

  • Nifty PCR: 1.26 vs 1.18
  • India VIX: 12.16 (+1.23%)
  • Highest OI (04 Aug 2026): 24600 CE & 24000 PE
  • Max Pain (04 Aug 2026): 24250

Interpretation: FII derivatives data remained mixed to positive in F&O.

Technical Outlook

Nifty (Spot)

  • Nifty is extending its upward move with 24400 acting as the immediate hurdle.
  • 24200 is the immediate support.
  • 24080–24000 remains the next key support zone.
  • A decisive move above 24400 could open the way towards the 24530–24600 resistance zone.

Bank Nifty (Spot)

  • Bank Nifty continues to consolidate within the 56000–58000 range.
  • 57300 is the immediate hurdle.
  • Above this, 57800–58200 is the next resistance zone.
  • 56800, 56500, and 56000 remain the important support levels.

Stocks to Watch Today

The following stocks to watch today were discussed during Trader's Breakfast by Santosh Meena, Head of Research, Swastika Investmart. The points below are a summary of the technical observations shared during the session and are provided solely for informational and educational purposes.

GE Vernova T&D India Ltd

GE Vernova T&D India Ltd was highlighted as one of today's stocks to watch, with the discussion noting that the power and data centre-related theme could remain in focus. During the session, it was observed that the stock has formed a base and is showing momentum. The discussion highlighted:

  • ₹442 as the first level to watch.
  • If the stock moves above ₹442, the next level discussed was ₹466.
  • The previous day's low was mentioned as the stop-loss reference for this day-trading setup.

Hindalco Industries Ltd

Hindalco Industries Ltd was the second stock to watch today, discussed during the session. The technical observations shared included:

  • The stock has formed a strong base above ₹200.
  • A positive RSI setup was highlighted.
  • ₹1,000 was discussed as the upside level to watch.
  • ₹960 was mentioned as the support/stop-loss reference.

Nykaa

Nykaa was the third stock featured among today's stocks to watch for today. During the discussion, Santosh Meena noted that:

  • The stock continues to display strong momentum following a phase of consolidation.
  • The technical setup discussed points towards the ₹345–₹350 zone.
  • ₹328 was identified as the stop-loss reference.

Stocks in News Today

Garden Reach Shipbuilders

Received a ₹1,032.07 crore Notification of Award from ONGC for the construction of four Platform Supply Vessels, to be executed over 48 months.

Tata Power

Completed the acquisition of a 100% stake in Ryapte Power Transmission for ₹10.87 crore. Tata Power Renewables also secured an 800 MW Inter-State Transmission System connectivity project with an investment of ₹5,750 crore.

Astra Microwave

Received an order worth ₹2,205.23 crore from HAL for the supply of 122 AAAUs and 121 Interface Frames for Uttam Radar. Execution is scheduled over five years.

PVR INOX

Opened a three-screen premium multiplex at Mall 11, Jabalpur, taking its network to 1,782 screens across 355 properties.

Q1 Results Today

F&O Companies

Frequently Asked Questions (FAQs)

Which are the stocks to watch today?

According to today's Trader's Breakfast, the stocks to watch today are GE Vernova T&D India Ltd, Hindalco Industries Ltd, and Nykaa, based on the technical observations discussed during the session.

What is today's Indian stock market outlook?

Today's Indian stock market outlook reflects positive global cues, a higher GIFT Nifty, positive FII cash market participation, and key technical levels for Nifty and Bank Nifty discussed in the market setup.

Which companies are announcing Q1 results today?

Companies including ABB, ITC, Maruti, Sun Pharma, GAIL, Dixon, Glenmark, Bajaj Finserv, National Aluminium, Shree Cement, Aether, SJVN, Concord Biotech, NH, GMDC and Voltamp are scheduled to announce Q1 results today.

Which stocks are in news today?

Today's stocks in news include Garden Reach Shipbuilders, Tata Power, Astra Microwave and PVR INOX based on the latest corporate developments.

Over to You

Stay connected with Trader's Breakfast for the latest Indian stock market news today, daily market updates, market movement, current stock market trends, and stocks to watch today, presented by Santosh Meena, Head of Research, Swastika Investmart.

For more stock market today India updates, share market news live, latest stock news, market outlook, and educational insights on the Indian stock share market, keep following Swastika Investmart. The Trader's Breakfast series helps you stay informed with timely market developments, technical observations, and key events shaping the trading session.

Alert! Missed out on winning option trades? Master the art of successful option buying. Register Now