The Indian stock market today saw a significant correction driven by weakness in IT and select large-cap stocks. At the close on July 24 2025 the Sensex settled at 82184.17 down by 542.47 points or 0.66 percent. The Nifty 50 closed at 25062.1 losing 157.8 points or 0.63 percent. This decline reflected cautious investor sentiment ahead of major earnings and global cues. Broader markets also faced selling pressure with the Nifty MidCap 100 down 0.58 percent and Nifty SmallCap 100 down 1.09 percent. Volatility was significant due to the weekly F&O expiry and ongoing Q1 results from key companies.

Sector Performance Highlights
Banking: The banking sector showed relative resilience today. Nifty PSU Bank gained 1.24 percent as buying remained firm in public sector lenders such as Canara Bank and Indian Bank. Meanwhile private bank indices stayed stable with no major triggers affecting large banking stocks.

IT: Nifty IT was the standout underperformer falling 2.21 percent as mixed Q1 results from Infosys Coforge and Persistent Systems weighed heavily. The sector suffered profit booking amid subdued management commentary and macro-economic uncertainties.

Auto: The auto sector extended gains for a second day, buoyed by strong performance from stocks like Samvardhana Motherson International and Tata Motors. This was supported by a robust outlook for domestic auto sales and positive brokerage commentary.

Pharma: Nifty Pharma rose 0.55 percent reflecting sustained buying interest led by stocks such as IPCA Labs and Sun Pharma. Defensive plays in the sector attracted investors amid broader market choppiness.

Top 5 Gainers
Eternal (Zomato) +2.01%
Tata Motors +1.85%
Sun Pharma +1.54%
Tata Steel +1.16%
Titan +0.92%

Top 5 Losers
Trent -2.97%
Tech Mahindra -2.44%
Bajaj Finserv -2.31%
Reliance Industries (RIL) -1.95%
Nestle -1.84%

FII DII Net Flows
Latest data indicates both Foreign Institutional Investors (FII) and Domestic Institutional Investors (DII) saw muted activity around the F&O expiry. FIIs were net sellers as global sentiment remained cautious on Indian equities given earnings volatility. DIIs partly offset selling by picking up value stocks in largecap and defensive sectors. Readers can find real-time DII FII flows and related analysis at nextipoindia.com for deeper insights.

Key Macro-Economic & Global Drivers
– Global Cues: Uncertainty around US Federal Reserve policy and weaker global tech earnings impacted Indian investor sentiment.
– Rupee Movement: The rupee closed flat at 86.3 versus the US dollar.
– Economic Indicators: India’s July Flash Manufacturing PMI rose to 59.2 from 58.4 signaling ongoing strength in manufacturing.
– Corporate Earnings: Volatility around Q1 corporate earnings especially in IT and consumption sectors dominated trade.
– Geopolitical Factors: International market volatility and news flows added to risk-off sentiment.

What to Watch Next
– Upcoming earnings from large banks and other index heavyweights will set the tone for the Nifty and Sensex.
– Monitor movement in global equities and US bond yields for cues on FII flows.
– Watch for policy statements or actions by the Reserve Bank of India (visit RBI for updates) that could influence interest rates and banking stocks.
– Keep an eye on sector rotation as defensives like pharma and select banks attract inflows during market corrections.
– For the latest IPO news and in-depth stock analysis visit nextipoindia.com.