Indian stock markets opened on a positive note on Thursday (July 30), with Hindalco Industries Ltd opening at ₹950.78, gaining 0.45% as of 9 AM. According to latest reports, the GIFT Nifty was pointing to a positive start, hinting at a potentially strong opening for the stock. This positive opening follows Wednesday's strong domestic rally that saw significant gains across major indices, with the 30-share BSE Sensex jumping 888.68 points, or 1.16 per cent, to settle at 77,654.60. The bullish sentiment appears to be carrying over into Thursday's session, suggesting investors are maintaining confidence in the market momentum.
Hindalco Industries Limited has announced its Q1 FY27 earnings conference call for August 7, 2026, to discuss financial results for the quarter ended June 30, 2026. The event will begin at 16:00 IST and will include a management presentation followed by an interactive Q&A session. As per the company's official announcement, investors are advised to register in advance using online pre-registration links to ensure smooth participation. The filing references ISIN: INE038A01020 and complies with SEBI Regulation 30 under the supervision of Company Secretary & Compliance Officer Geetika Anand. Multiple international dial-in numbers are available for domestic and international participants, with access details provided for India, USA, UK, Singapore, and Hong Kong.
Ahead of the session, SEBI-registered research analyst Kunal Bothra has recommended several stocks that could potentially generate gains for investors during today's trading session. As reported by ET Now, Bothra's recommendations include Hindalco Industries with a target price of ₹998 and Bharti Airtel with a target price of ₹2,025. The analyst's picks come as Asian markets trade mixed after Wednesday's strong domestic rally, providing a mixed backdrop for Thursday's trading session. The positive opening of Hindalco shares today appears to validate Bothra's bullish outlook on the stock.
The previous trading session on July 29 saw strong performance across major indices. According to ET Now, the 30-share BSE Sensex jumped 888.68 points, or 1.16 per cent, to settle at 77,654.60. During the session, the Sensex surged as much as 999.57 points, or 1.30 per cent, to an intraday high of 77,765.49. The 50-share NSE Nifty advanced 264.85 points, or 1.10 per cent, to settle at 24,250.20. As reported by ET Now, 25 Sensex constituents ended higher, while five closed lower, while 38 Nifty50 stocks gained, while 12 ended in the red.
For Thursday's trading session, Nifty support is positioned at 24,000 and resistance at 24,500, as reported by ET Now. The technical levels provide important guidance for market participants as they navigate the current session amid mixed global cues and analyst recommendations. The support and resistance levels will be crucial in determining whether the market maintains its recent upward momentum or faces pressure from the positive opening sentiment.
