TCS, Welspun Corp, CONCOR among buzzing stocks as SENSEX falls nearly 500 pts, NIFTY below 24,100

The Indian benchmark indices, SENSEX and NIFTY50, were trading in the negative territory during the afternoon session on Tuesday, July 14, as crude oil prices surged over $85 per barrel (bbl) amid an escalation in tensions between the United States and Iran.

Latest updates from the West Asian front showed that the United States has continued its attacks against Iran, while US President Donald Trump informed Congress that “limited” military action against Iran has resumed. On Monday evening, US Central Command (CENTCOM) disclosed that its military forces have carried out the latest round of attacks against Iran at 10:15 pm (ET), executing a five-hour-long mission to destroy strategic targets.

Domestically, the rupee weakened below 96 per dollar, tracking a spike in crude prices. The local unit fell to 96.19 against the US dollar.

The SENSEX dropped as much as 0.8% to touch an intraday low of 77,001.58. Meanwhile, the NIFTY50 reached the session’s low of 24,038.10.

At 1:02 PM, the S&P BSE SENSEX slumped by 474.64 points, or 0.61%, to trade at 77,141.76, while NSE’s NIFTY50 stood at 24,074.60, reflecting a 136.40-point, or 0.56%, fall.

Buzzing stocks on July 14: Check list

Oil-related stocks traded lower by 2–3% on Tuesday, July 14, tracking a surge in crude oil prices amid escalating geopolitical tensions.

Crude oil prices in the global market gained 14% to more than $85 per barrel (bbl) within two days as investors focused on the rising risk of another supply chain disruption due to the recent escalations between the United States and Iran amid the absence of a final peace agreement.

Latest updates from the West Asian front showed that the United States has continued its attacks against Iran, while US President Donald Trump informed Congress that “limited” military action against Iran has resumed.

Following the surge, oil-sensitive stocks were seen lower on Tuesday. Rising crude oil prices are generally negative for several sectors in India as they lead to higher input costs and margin pressures.

Shares of Biocon soared as much as 8.04% to hit a 52-week high of ₹444 apiece on the National Stock Exchange (NSE) on July 14, following news reports that its shares changed hands in a block deal during the pre-open session on Tuesday.

As per reports, its promoter group entity Mylan likely sold its entire stake in the pharmaceutical firm.

According to news reports, shares of Biocon changed hands via a block deal in the pre-open session at an average price of ₹400 per share, representing 2.82% of Biocon's total equity.

According to Reuters, Mylan, a part of the global health company Viatris, has reportedly offloaded 9.2 crore shares of Biocon at a floor price of ₹378.5 per share, representing an 8% discount to the drug maker's previous closing price.

The stock of Just Dial continued to surge for the second straight session, advancing as much as 14.78% to hit an intraday high of ₹776.90 per equity share on the NSE on Tuesday.

Recently, the company’s board of directors approved the appointment of a new Chief Executive Officer (CEO) and a Chief Financial Officer (CFO). In a regulatory filing dated Friday, the firm said that its board of directors has approved the appointment of Dinkar Ayilavarapu as the designated CEO and Key Managerial Personnel of the company with effect from August 1, 2026. Furthermore, V.S.S. Mani, the company’s current CEO and Managing Director, will complete his term on July 31, 2026.

Just Dial’s board also approved the appointment of Dinesh Taluja as the CFO and Key Managerial Personnel with effect from Saturday, July 11, 2026.

It also reported a 4.1% year-on-year (YoY) increase in its net profit to ₹166.22 crore in the June quarter of FY27, compared with ₹159.65 crore in the year-ago period.

Its net revenue from operations soared 9.9% YoY to ₹327.47 crore during the quarter under review, as against ₹297.86 crore in the first quarter of the 2025-26 fiscal year (Q1 FY26).

PDS shares jumped as much as 16.4% to hit a 52-week high of ₹418.50 apiece on Tuesday, July 14, after the global fashion infrastructure company entered into a contract with the global sourcing arm of a French-headquartered retailer.

The sourcing as a service (SaaS) contract was signed to manage and operate the retailer’s textile sourcing operations across Bangladesh, Pakistan, India, Sri Lanka and Turkey.

Under the multi-year partnership, PDS said it will provide end-to-end sourcing and supply chain services through a dedicated operating subsidiary, supporting the retailer’s textile sourcing strategy with a more agile sourcing model. PDS expects to manage apparel sourcing valued at over $250 million of FOB volume annually.

“This partnership reflects the strength of PDS’s platform model and our ability to deliver sourcing at scale with speed, agility and responsibility. We look forward to building a long-term relationship that creates real value for the Retailer, its customers and our supply chain partners,” said Pallak Seth, Executive Vice Chairman, PDS.

Welspun Corp’s stock advanced as much as 4.6% to hit a 52-week high of ₹1,694.80 per equity share on July 14, after the company secured a ₹1,400 crore supply order for oil & gas export projects.

As per the order details, the company will supply pipes for certain oil and gas export projects in the United States from Welspun’s facility in India.

“We are pleased to announce receipt of fresh large orders for supply of pipes for Oil & Gas export projects, from our India facility, cumulatively valued at approx. ₹1,400 crore,” the company informed the stock exchanges.

Tata Consultancy Services (TCS) shares extended their rally on the Indian stock market, rising around 5% in the last five trading sessions, after the IT major’s Q1 earnings and latest partnership with New York’s John F. Kennedy International Airport and ABB.

As per the latest NSE filing, TCS has agreed to become a strategic technology and innovation partner to the New Terminal One of New York’s JFK airport to provide technology solutions.

As per the agreement of the partnership deal, TCS will support the delivery of an intelligent, digitally-enabled guest experience at the New Terminal One of New York’s JFK airport, in an effort to deliver cost efficiencies to airlines and transform international travel.

TCS will support building all technology systems at the terminal, including passenger processing systems, AI-driven IT operations, infrastructure management, enterprise application support, and cybersecurity services.

The stock of Container Corporation of India (CONCOR) jumped as much as 6.05% to hit an intraday high of ₹492 per equity share, after it reported its physical volume data for the June quarter of the 2026-27 financial year (Q1 FY27).

The company’s total throughput stood at 14,04,821 Twenty Foot Equivalent Units (TEUs) during the quarter under review, marking an 8.89% YoY increase from 12,90,101 TEUs in the first quarter of the 2025-26 fiscal year (Q1 FY26).

Its export-import volume advanced 9.78% YoY to 10,69,082 TEUs in Q1 FY27, compared with 9,73,875 TEUs in the year-ago period, according to a regulatory filing dated July 13.

Its domestic volume surged 6.17% YoY to 3,35,739 TEUs in the quarter ended June 30, 2026, as against 3,16,226 TEUs in the June quarter of FY26.

Shares of Nuvoco Vistas Corporation climbed as much as 13.35% to hit the session’s peak of ₹358.80 per unit on the NSE on Tuesday, July 14, after reporting its earnings for Q1 FY27.

During the quarter, the company posted a 19.98% YoY surge in its consolidated net profit (attributable to the owners of the company) to ₹159.76 crore, compared with ₹133.16 crore in the corresponding quarter of the previous fiscal year.

Its revenue from operations stood at ₹3,128.71 crore in the June quarter of FY27, reflecting an 8.9% YoY increase from ₹2,872.70 crore in Q1 FY26.