Introduction: Bulls Fight Back on Dalal Street
After a choppy opening and early weakness, the Indian stock market surprised many with a resilient comeback on 7 August 2025. Despite global uncertainties and weak cues, domestic indices bounced back sharply from intraday lows to register new day’s highs, showcasing the strength of underlying investor sentiment.
The NIFTY 50 closed at 24,626.70, up by 52.50 points (0.21%), while the SENSEX added 172.47 points (0.21%) to end at 80,716.46. The Nifty IT index led the charge with a strong gain of 1.08%, followed by Nifty Bank, which also posted a 0.30% rise. The SmallCap index, however, ended slightly in the red, reflecting some stress in broader markets.
Let’s take a closer look at today’s market performance, gainers, losers, and what triggered the sharp intraday rebound.
How the Share Market Moved on 7 August
Markets opened flat to negative, reacting to global tariff headlines and muted cues from U.S. and Asian peers. Selling was seen across early trades, particularly in energy, select banking, and manufacturing stocks. However, as the day progressed, buying support emerged at lower levels, especially in IT and select pharma counters, helping markets stage a midday recovery.
This sharp reversal helped benchmark indices not only recoup losses but also notch fresh intraday highs by the close of trade.
Top Gainer Stocks – 7 August
Several midcap and sector-specific names surged today on the back of positive earnings and renewed buying interest:
| Stock | LTP (₹) | % Change | Key Trigger |
|---|---|---|---|
| ITI Ltd. | 320.30 | +6.93% | High volume, bullish sentiment |
| Caplin Point Labs | 2058.30 | +6.67% | Margin growth, strong Q1 results |
| Kajaria Ceramics | 1264.20 | +6.23% | High volume activity |
| Firstsource Solutions | 369.85 | +5.25% | Insider trades, upbeat outlook |
| Kirloskar Brothers | 1965.30 | +5.02% | Post-results buying, high volume |
Top Loser Stocks – 7 August
A few stocks faced pressure due to profit booking or weak earnings:
| Stock | LTP (₹) | % Change | Key Trigger |
|---|---|---|---|
| Godfrey Phillips | 9998.50 | -7.89% | Profit booking post 10-yr high |
| Gujarat Narmada | 503.25 | -7.65% | High selling pressure |
| Bayer Cropscience | 5677.50 | -5.67% | Dividend adjustment |
| BHEL | 227.97 | -4.95% | Missed earnings estimates |
| Reliance Power | 45.12 | -4.93% | Ongoing correction phase |
Why Did the Market Rebound Midday Today?
1. Bulls Return After Morning Weakness
After a weak start, investors found value at lower levels, especially in beaten-down IT and midcap stocks. Buying pressure steadily increased by midday, helping indices cross their morning highs.
2. Strong IT Recovery
Nifty IT rallied over 1%, driven by bargain buying after previous sessions’ correction. Heavyweights like TCS, Infosys, and Tech Mahindra led this comeback, boosting overall sentiment.
3. Positive Domestic Cues
Despite global trade tensions, domestic institutional buyers stepped in, particularly in banking and pharma names. This strong domestic flow helped offset weak global trends.
4. Resilience in Mid & Smallcaps
Though SmallCap index ended marginally down, select midcap stocks surged on earnings and momentum trading, providing tailwinds to overall market sentiment.
5. Technical Support & Short-Covering
With key support levels holding firm on Nifty and Bank Nifty, short covering and momentum trade played a role in driving the late-session rally.
Conclusion: Confidence Shines Despite Caution
The stock market on 7 August proved once again that bulls aren’t giving up easily. A day that started with uncertainty and global pressures ended with renewed confidence. While broader markets still remain cautious due to global macro headlines, today’s sharp rebound highlights investor faith in domestic fundamentals and earnings momentum.
As we move forward, investors should keep an eye on corporate earnings, global cues, and institutional flow to gauge the sustainability of this rebound.
Ad
Open FREE AngelOne Demat Account
Open a free demat and trading account. Get Free Expert Advisory for Trading and Investment.
More Articles
Underrated Stocks: How to Find Multibaggers from Your Daily Life
Best Screener Queries for Stock Selection: Find Hidden Gems Before Others Do
Predict Stock Reaction Before Earnings Using Market Signals
Get FREEE Updates and News Straight to your inbox!
Join 100+ Subscribers for exclusive access to our Monthly Newsletter with inside Stock Market, IPO, Top Broker, Market Updates
