Today's Stock Market: Nifty Surpasses 25,123; Sensex Approaches 82,353
The Indian stock market opened on a positive note on July 22, 2025, with the Nifty 50 inching up by around 32 points and trading near the 25,123 mark. This upward trend was seen across various sectors, with private banks and the food delivery and logistics sector being among the top performers.
Eternal, the parent company of Zomato and Blinkit, soared almost 14% in intraday trade following the release of its Q1 fiscal 2025-26 earnings. Despite a significant decline in net profit, the company reported strong revenue growth of 70% year-on-year to Rs 7,167 crore. Eternal's stock price reacted positively, rising about 7-7.5% after the earnings announcement, suggesting investor confidence in the strong top-line growth and future potential of quick commerce and other segments.
However, not all sectors were on an upward trajectory. Pharma stocks fell by about 1% due to some major players missing quarterly earnings expectations. Havells India traded lower by over 2%, dragging down the electrical equipment segment. Foreign institutional investors (FIIs) also pulled out around ₹1,680 crore worth of Indian equities in the last session.
The period from July 22 to July 25 could serve as a reversal window for broader indices, according to technical analysts. Domestic institutional investors (DIIs) remained net buyers, absorbing the selling pressure with inflows worth ₹3,580 crore.
In the banking sector, PNB Housing Finance jumped after reporting a 23% rise in profit for the June quarter. Private banks were among the top performers, with HDFC Bank and ICICI Bank posting better-than-expected profits.
The MCX and BSE gained up to 2% after SEBI lifted a trading restriction on Jane Street. Nifty Midcap 100 gained around 0.3%, while the Smallcap 100 added about 0.5%. Afcons Infra surged nearly 4% after announcing new infrastructure orders.
Asian markets traded mixed, with gains in US stock markets on Friday and easing concerns around global trade tensions helping boost risk appetite in Indian markets. BSE Sensex was up by over 150 points and hovered around 82,352.
In the tech-driven sector, Swiggy maintained a near 5% gain, backed by increased buying from institutional funds. The strong performance of Swiggy and Eternal indicates a growing investor interest in tech-driven businesses and quick commerce segments.
Overall, while earnings are currently under pressure due to spending on growth, the market performance shows strong investor belief in expansion and operating margin improvements going forward. It is a mixed bag for the Indian markets, but the positive sentiment remains, with investors keeping a close eye on tech-driven businesses and growth sectors.
Financing in the tech-driven sector saw increased interest, as evidenced by the 14% intraday surge of Eternal, the parent company of Zomato and Blinkit, following the release of their Q1 fiscal 2025-26 earnings. Meanwhile, the stock market performance of pharmaceutical and electrical equipment sectors faced setbacks, with pharma stocks dropping 1% and Havells India trading lower by over 2%. These contrasting trends suggest diverse opportunities for investors in the Indian stock-market.
