Stock Market close: Sensex falls 501 pts in choppy trade, Nifty at 24,968; SMIDs dip; Banks top drag

Sensex Today | Stock Market close, Friday, July 18, 2025: The Nifty Midcap 100 index fell 0.7 per cent and Nifty Smallcap 100 was down 0.82 per cent

3:46 PM

Stock Market LIVE Updates: Expert view

Stock Market LIVE Updates: The negative closing of the Indian equities was primarily driven by disappointing earnings results, most notably from Axis Bank whose Q1FY26 performance alarmed investors, contributing to a sharp decline in financial stocks including HDFC Bank and Kotak Mahindra Bank. Foreign Institutional Investors (FIIs) turned net sellers in July after strong inflows in previous months, signaling mounting global risk aversion and a shift in sentiment.

Additionally, Citi's reduction of India’s equity rating from “overweight” to “neutral” further dented confidence, citing stretched valuations at 23x forward earnings and moderation in growth expectations. Global uncertainties, particularly ambiguous signals about the US Federal Reserve’s monetary policy and rising crude oil prices following disruptions in Iraq, exacerbated concerns around inflation and input costs for India as an oil-importing nation.

View by Vaibhav Vidwani, research analyst, Bonanza.

3:39 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: A broad-based sell-off was observed in the national market amidst a disappointing initial set of earnings from the finance and IT sectors. Elevated valuations in large-cap stocks, coupled with significant net short positions held by FIIs, have contributed to a cautious sentiment among investors. Moreover, additional tariff threats are also casting a shadow on India over its trade relationship with Russia. Despite these pressures, the medium- to long-term outlook for India remains optimistic, supported by low inflation levels and proactive monetary authority committed to sustaining economic growth.

View by Vinod Nair, head of research, Geojit Investments Limited.

3:39 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: Broader market indices ended lower. 

3:38 PM

Stock Market LIVE Updates: Here's a look at Sensex gainers and losers at close

Stock Market LIVE Updates: Axis Bank, Kotak Mahindra, HDFC Bank were among top laggards on Sensex. 

3:35 PM

Stock Market LIVE Updates: Nifty closes at 24,968, down 143 pts

Stock Market LIVE Updates: NSE Nifty50 closed at 24,968.4, down 143.05 points or 0.57 per cent. 

3:33 PM

Stock Market LIVE Updates: Sensex closes at 81,758, down 502 pts

Stock Market LIVE Updates: BSE Sensex closed at 81,757.73, down 501.51 points or 0.61 per cent. 

3:21 PM

Stock Market LIVE Updates: GMDC soars 11% in weak market on huge volumes; stock nears 52-week high

Stock Market LIVE Updates: Shares of Gujarat Mineral Development Corporation moved higher by 11 per cent to ₹421.65 on the BSE in Friday’s intra-day trade amid heavy volumes in an otherwise weak market. 

 

The stock price of the industrial minerals company was trading close to its 52-week high of ₹428 touched on July 1, 2025. It had hit a record high of ₹505 on February 5, 2024. The stock has bounced back 86 per cent from its 52-week low of ₹226.20 hit on March 3, 2025. READ MORE

3:13 PM

Stock Market LIVE Updates: Motilal Oswal picks top bank stocks to buy as sector eyes earnings rebound

Stock Market LIVE Updates: The Indian banking industry will reach an "inflection point" in the third quarter of the current financial year (Q3FY26), seeing a meaningful earnings recovery thereon, believes domestic brokerage Motilal Oswal.

 

This, the brokerage said, will be in the backdrop of easing deposit cost, improving liquidity, and stablising asset quality, supporting the banks' margins and profitability. This recovery is said to set the tone for FY27's double-digit earnings growth. READ MORE

3:04 PM

Stock Market LIVE Updates: 3 PM Market Update

Stock Market LIVE Updates: Indian equity benchmarks traded lower as investors reacted to the June quarter (Q1FY26) earnings of Axis Bank, Wipro, and LTIMindtree. Besides, they await details of India-US trade deal, where reports suggest the US may impose 10-15 per cent tariff on India.   

 

As of 3:00 PM, the BSE Sensex was trading at 81,761.45, down 497.79 points or 0.61 per cent, and the Nifty50 was trading at 24,975.45, down 136 points or 0.54 per cent.

2:50 PM

Stock Market LIVE Updates: Here's why AstraZeneca Pharma share price is down over 2% today

Stock Market LIVE Updates: Shares of pharma major AstraZeneca Pharma India dropped 2.5 per cent to ₹9,165 per share during intraday deals on Friday and continued to trade lower. At around 2:20 PM, they were trading at approximately ₹9,165 per share, down 2.10 per cent from their previous close of ₹9,394 on the NSE. A combined nearly 0.17 lakh equity shares of AstraZeneca Pharma, estimated to be worth around ₹16 crore, changed hands on the BSE and NSE. READ MORE

2:38 PM

Stock Market LIVE Updates: JTL Industries share extends losses, drops 11% in three days; here's why

Stock Market LIVE Updates: Shares of steel pipes manufacturer JTL Industries fell over 4 per cent to hit an intraday low of ₹73.65 on the NSE after it reported a weak set of numbers for the quarter ended June 2025 (Q1FY26) on Wednesday. The stock has tanked over 10 per cent in the last two sessions from Wednesday's closing price of ₹81.16.

 

At 1:40 PM, the stock was trading 4 per cent lower at ₹73.82 compared to the previous day's close of ₹76.9 on the NSE. READ MORE

2:27 PM

Stock Market LIVE Updates: GMDC soars 11% in weak market on huge volumes; stock nears 52-week high

Stock Market LIVE Updates: Shares of Gujarat Mineral Development Corporation moved higher by 11 per cent to ₹421.65 on the BSE in Friday’s intra-day trade amid heavy volumes in an otherwise weak market.  READ MORE

2:18 PM

Stock Market LIVE Updates: Tata Power RE bags 30 MW/120MWh battery energy storage project from NHPC

Stock Market LIVE Updates: Tata Power Renewable Energy Ltd (TPREL) has bagged a 30 MW/120 MWh battery energy storage project from state-owned NHPC. The project has been secured under NHPC's BESS Tranche-I tender through a competitive bidding route for Kerala State Electricity Board Ltd -- the end-user of the Battery Energy Storage System (BESS) asset, TPREL said in a statement on Friday. READ MORE

2:10 PM

Stock Market LIVE Updates: Indian Overseas Bank shares rise 2% after Q1 results; profit up 76% YoY

Stock Market LIVE Updates:  Shares of Indian Overseas Bank (IOB) saw a sharp surge after the lender reported a 76 per cent jump in their net profit, aided by a jump in other income.  The lender reported a strong performance for the quarter ended June 2025, with its standalone net profit rising 75.6 per cent year-on-year (Y-o-Y) to ₹1,111 crore, compared to ₹633 crore in the same period last year. READ MORE

 

1:53 PM

Stock Market LIVE Updates: US rejects India's WTO claim on auto tariffs, cites security grounds

Stock Market LIVE Updates:  The United States has insisted that the Trump administration’s tariffs on auto and auto parts were enacted on national security grounds and are not subject to retaliatory action. The comments come in response to India’s claim that its automobile-related tariffs fall under “safeguard measures” as defined by the World Trade Organisation (WTO). READ MORE