Today, we’re diving into what happened in the Indian stock market on Thursday, July 24, 2025. Both the Nifty and Sensex took a dip, largely due to investors selling off their holdings and foreign investors pulling out their money. Let’s break down the key movements, top performers, and what influenced the market today.
Stock Market Overview
The major indices ended deep in the red:
- BSE Sensex closed 542 points lower at 82,184.17 (–0.66%).
- Nifty 50 declined 157.80 points to settle at 25,062.10 (–0.63%).
- The Nifty Midcap 100 slipped by ~0.6%, and the Smallcap index shed over 1%.
Markets opened on a flat note but came under sustained pressure as the session progressed, weighed down by disappointing earnings and global uncertainties.
Stock Market Sectoral Performance
IT Sector – Major Drag
The IT pack was the worst performer:
- Coforge plunged nearly 9% after weak Q1 results.
- Persistent Systems fell 9.4%, continuing its post-earnings slump.
- Tech Mahindra, Infosys, and TCS also ended in the red.
The overall Nifty IT index dropped over 2.2%, as growth guidance from mid-tier IT firms disappointed investors.
FMCG Weakens
- Nestlé India declined nearly 5% after its Q1 profit fell by 13.4% YoY to 647 crore due to elevated raw material costs.
- The Nifty FMCG index closed down by 1.1%, reflecting broad weakness in the consumer goods space.
Financials Mixed, PSU Banks Shine
- Nifty Bank index ended slightly lower, but PSU Banks bucked the trend with a gain of 1.2%, driven by strong earnings and positive sentiment toward government-backed lenders.
- Private banks like HDFC Bank and ICICI Bank held firm, limiting the downside in the financial space.
Pharma Shows Strength
- The Nifty Pharma index rose by 0.55%, led by Dr. Reddy’s Laboratories, which jumped 2–3% after announcing plans to launch a generic obesity treatment in 87 countries.
Corporate Highlights
- Bajaj Finance posted a stellar Q1 performance, with net profit rising over 22% YoY.
- Tata Consumer Products gained 4% after reporting a 15% rise in Q1 profit.
- ACC reported a 4% jump in profit and an 18% growth in revenue.
- IEX (Indian Energy Exchange) slumped 10% amid regulatory concerns threatening its market pricing advantage.
Earnings season is in full swing, and stock-specific volatility remained high based on the quarterly numbers.
Global & Domestic Factors
- FII Outflows: Continued foreign institutional investor selling weighed heavily on market sentiment.
- IT Earnings Disappointment: Weak Q1 results from several IT firms hurt broader confidence in the tech space.
- Trade Sentiment: Optimism around a UK–India free trade agreement during PM Modi’s UK visit provided some relief, but not enough to lift the market.
- Global Headwinds: Uncertainty over U.S. Fed policy, rising bond yields, and global trade tensions impacted investor risk appetite.
Stock Market Outlook
- Earnings Season: With several Q1 results expected next week from key sectors like banking, auto, and pharma, earnings-driven volatility is likely to continue.
- Trade Agreements: Any developments in free trade deals with the UK or the U.S. may offer a sentiment boost.
- FII Behavior: Sustained foreign selling could cap any upside in the near term.
- Defensive Sectors: Pharma and PSU banks may continue to see rotational inflows as investors seek relatively safer bets.
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My name is Ravi Sharma. I am a content creator who shares the latest news from India and around the world, along with updates on automobiles, technology, tech news, and inspirational stories.
