Indian equities face their worst July since 2019, dragged down by disappointing Q1 earnings, especially in the IT sector, and delays in the India-US trade deal. Despite FII outflows, domestic support and technical levels suggest a potential August recovery. Analysts eye trade deal progress and improved earnings guidance as key catalysts for a rebound.

Bank of Baroda shares: Net interest income (NII) fell by 1.4% year-on-year to Rs 11,435 crore, down from Rs 11,600 crore. The bank mentioned that this figure reflects the impact of reclassifying interest earned on income tax refunds.

Tata Chemicals shares will be in focus after the company reported a 68% YoY jump in Q1 FY26 consolidated net profit to Rs 252 crore, aided by lower costs. EBITDA rose 13% to Rs 649 crore, while operating margin improved to 17.5%. However, revenue from operations dipped 1.8% YoY to Rs 3,719 crore, though it rose sequentially by 6%.

A close above the VWAP indicates that the stock s closing price was higher than its volume-weighted average price for the day.

Indian equity markets began the week on a negative note due to concerns surrounding trade negotiations with the U.S. and disappointing financial results from Kotak Mahindra Bank. The Sensex and Nifty50 both experienced declines in early trading, with Kotak Mahindra Bank shares particularly affected by lower-than-expected profits and increased provisions for potential loan losses.

TCS shares: Tata Consultancy Services shares faced a dip. This followed the announcement of a workforce reduction. The company plans to lay off approximately 2% of its global employees. This decision comes amid economic uncertainty. It also reflects disruptions from artificial intelligence. The IT sector shows signs of a slowdown. TCS reaffirms its commitment to strategic initiatives.

Despite a recent market dip, experts suggest potential gains in specific stocks this week. Eternal, after a 21% surge, shows further upside, while Paytm aims for Rs 1,180. SBI Life anticipates a 4% rise, and Bandhan Bank signals an uptrend. AGI Infra is highlighted for substantial growth potential due to its strong market position.

Tata Sons anticipates an extension from the RBI regarding its mandatory listing deadline, buoyed by ongoing regulatory reviews. The holding company believes regulators will grant more time for its initial share sale.

Force Motors, once a small-cap overlooked stock, has delivered exceptional 1,868% returns over five years, transforming ₹1 lakh into nearly ₹20 lakh. Strategic shifts towards OEM partnerships with BMW and Mercedes-Benz, along with strong performance in the UV segment, have fueled this growth. While valuations are now high, analysts remain optimistic about the company s long-term potential and continued earnings visibility.

Reliance Infrastructure shares surged 4.66% after the company announced the conclusion of ED action with no impact on operations, and unveiled a new growth strategy across Defence, Aerospace, and Renewable Energy. The ED probe was linked to decade-old transactions involving RCOM and RHFL, which the company clarified have no financial or business ties with Reliance Infrastructure.