The Sensex climbed 545.25 points or 0.95% to close at
58,115.50. During the day, it fell 600.42 points or 1% to 58,170.67. The Nifty
surged 181.80 points or 1.06% to 17,340.05.

The broader indices ended in green with the BSE Midcap
index up by 1.51%, while the Small cap index was up by 1.47%. The top gaining
sectoral indices on the BSE were Power up by 3.43%, Utilities up by 3.38%, Auto
up by 3.23%, Telecom up by 2.49%, and Industrials up by 2.31%, while there were
no losing sectoral indices on the BSE.

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Here are the key stocks that moved the most on August 1:

Mahindra and Mahindra: The stock surged 6.02% to close at
Rs 1,234.50 hitting an all-time high after it recorded 1,00,000 bookings for
the Scorpio-N within 30 minutes of booking commencement on Saturday. The rush
has translated into a book value of Rs 18,000 crore on an ex-showroom price basis.
The company said that it recorded 25,000 bookings within the first one minute.

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IDFC First Bank: The shares climbed 11.98% to settle at Rs
42.05 after the private lender reported strong financial results for the
April-June quarter. It reported the highest-ever standalone profit of Rs 474.33
crore in the reported quarter, against a loss of Rs 630 crore in the same
quarter of the previous fiscal. Net interest income (NII) grew 26% to Rs
2,751.1 crore year-on-year, with a 39 bps improvement in net interest margin at
5.89% for the quarter.

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Yes Bank: The stock ended 3.34% higher at Rs 15.45 after
the lender announced it will raise $1.1 billion from two private equity
investors Carlyle and Advent International, last Friday. Yes Bank plans to raise
around Rs 5,100 crore by issuing 370 crore shares on a preferential basis to
Advent and Carlyle at Rs 13.78 per share and the rest through 257 crore
convertible warrants at Rs 14.8 per share. Both the investors will hold up to a
10% stake each in the private sector lender upon the completion of the deal.

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Sun Pharma: The stock closed 2.86% down at Rs 916.25 after
the pharma company reported a 43% growth in consolidated net profit at Rs 2,061
crore for the first quarter of the financial year 2022-23 against a profit of
Rs 1,444 crore in the year-ago period.

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Metro Brands: The stock surged 14.14% to settle at Rs
730.20 after the company reported a consolidated profit of Rs 105.78 crore for
the quarter ended June 2022, against a loss of Rs 12.13 crore in the year-ago
period. Revenue grew by 287% year-on-year to Rs 508 crore for the quarter ended
June 2022.