*Closing Bell:*

Gainers: Axis Bank (+4%), ICICI Bank, SBI (+3%). Losers:  GAIL (-3%), Titan, Kotak Mahindra, Tata Motors (-2%).

HDFC AMC makes strong market debut. Stock lists at 1,726.25, up 57% on the NSE.

Marksan Pharma stock zooms 15% after Q1FY19 numbers.

Subros stock gains 2% as board to consider fund raising on August 9.

JMC Projects approves stock split in ratio of 5:1.

Britannia Industries stock flat after announcing stock split.

Nifty Pharma Index snaps seven-day rally. Sun Pharma, Dr. Reddy’s, Bicon, (-1%).

Power Mech Projects stock gains 4% on bagging orders worth Rs1,385cr.

Puravanka stock gains 4% after unit bags bookings for residential project.

Suzlon Energy stock declines 6% after Q1FY19 net loss.

Nifty PSU Bank index gains ~2%. State Bank of India (+2%), Indian Bank, Punjab National Bank, Bank of India (+1%).

Aviation stock trade mixed. Spice Jet, IndiGo (+1%).