NIFTY50 above 24,400, SENSEX up 557 pts in noon deals; defence stocks, Nykaa, Aegis Vopak Terminals among buzzing stocks

The Indian stock market continued to trade in the green during the afternoon session on Monday, July 6, following a rise in blue-chip bank stocks and lower crude oil prices. Market investors also remained optimistic amid foreign fund inflows.

At 1:05 PM, the S&P BSE SENSEX was up 557.56 points, or 0.72%, at the 78,321.47 level, while the NSE's NIFTY50 was trading at the 24,437.60 level, rising 166.75 points, or 0.69%.

Buzzing stocks on July 6: Check list

Defence stocks were trading higher on Monday as the Defence Acquisition Council (DAC) last week accorded Acceptance of Necessity (AoN) for capital acquisition proposals worth ₹52,000 crore, clearing approvals for a range of weapon systems and platforms to enhance the operational capabilities of the Indian armed forces.

DAC is the highest decision-making body on defence procurements.

At the time of writing the article, the Nifty India Defence index was trading 0.88% higher at 9,658.30 levels, with 15 components advancing and four declining. The index has hit an intraday high of 9,737.15 level, gaining nearly 2% on Monday.

Shakti Pumps' share price surged more than 8% to its intraday high during the trading session on Monday. The Maharashtra State Electricity Distribution Company has awarded Shakti Pumps a contract to design, manufacture, supply, transport, install, test, and finally commission an off-grid solar photovoltaic water pumping system.

The total work contract is for an amount of ₹353.89 crore, including GST. Shares of Shakti Pumps surged 8.3% to the intraday high of ₹621.90 apiece during Monday’s trading session.

Shakti Pumps' shares have delivered more than 361% returns on their investment in the last five years, and over 508% gains to investors in the last three years.

Shares of Aegis Vopak Terminals soared 10% to touch an intraday high of ₹283.17 apiece on Monday after the company set a record date for its final dividend of FY26.

“The Company has fixed Friday, July 10, 2026, as the “Record Date” for the purpose of determining the Members eligible to receive Final Dividend for the financial year 2025-26 and Final Dividend, if approved by the shareholders at the AGM, will be paid on or before Friday, September 04, 2026,” Aegis Vopak Terminals said in a regulatory filing.

At 12:53 PM, the stock was trading at ₹279.20 per share on the National Stock Exchange, jumping 8.46%.

Radico Khaitan shares rose as much as 5.07% to hit a fresh 52-week high of ₹4,089.90 on the NSE. On the BSE, Radico Khaitan shares climbed as much as 5.06% to touch a new 52-week high of ₹4,089.

The country's leading liquor maker shares came under buying interest after the company informed exchanges that sales volumes of its premium vodka brand Magic Moments jumped 43% annually to 3.25 million cases in the first quarter of the current financial year compared to 2.27 million cases in the same period last year.

In the first quarter of the current financial year, Radico Khaitan sold one million cases of Magic Moments vodka every month.

Senco Gold shares surged as much as 6.8% to touch an intraday high of ₹348.50 apiece on Monday after the jewellery firm said Q1 FY27 delivered robust revenue and same-store sales growth (SSSG) growth, supported by a favourable festive calendar and the onset of the summer wedding season.

The company’s performance held firm despite Adhik Maas and the customs duty increase from 6% to 15%. Further, its trailing 12-month sales reached approximately ₹9,660 crore level.

Senco said its standalone revenue grew around 60% year-on-year (YoY) for the quarter ended the first quarter of FY27, while retail revenue increased 48% and SSSG stood at 38%, supported by festive demand during Akshaya Tritiya, Poila Baisakh, Baisakhi, Bihu and the summer wedding season. Meanwhile, old gold exchange contributed to ~43% of total sales in Q1 FY27.

Shares of India’s leading beauty and personal care e-commerce brand, FSN E-Commerce Ventures (NYKAA), jumped to a fresh 52-week high of ₹319.8 apiece on Monday.

The company posted its robust business updates for Q1 FY27 on Sunday late evening. The beauty and personal care firm expects the consolidated gross merchandise value (GMV) and net sales value (NSV) growth to be in the early thirties, potentially marking the first quarter of FY27 as one of the strongest quarters in the recent past.

“This growth uplift was driven by an excellent performance of the Fashion vertical, along with steady momentum in the Beauty vertical, both of which also saw robust customer acquisition,” according to the company’s exchange filing.

Nykaa also expects its beauty vertical to deliver another healthy quarter with net sales volume and net revenue growth above 20%.

The stock jumped 4% to touch an intraday high of ₹1,118 apiece on Monday as Godrej Consumer Products (GCPL) on Friday said it expects to report revenue growth in the high teens for Q1 FY27, meaningfully ahead of our full-year guidance of double-digit revenue growth, backed by strong high-single-digit underlying volume growth (UVG).

The FMCG company expects the consolidated EBITDA to be ahead of their double-digit guidance, although margins will be lower due to exceptional cost pressures.

Godrej Consumer Products in a statement said its standalone business is likely to deliver double-digit revenue growth for the quarter, supported by high single-digit underlying volume growth, with growth seen across categories.