Synopsis : Indian markets remained on edge as the Sensex dropped over 200 points and the Nifty slipped below 24,650 amid weak global cues, FII outflows, and lackluster earnings. IT stocks dragged indices, while select sectors like metals and realty offered minor relief.
Stock Market LIVE Updates – July 29, 2025
Volatility took center stage in Tuesday's trade as Indian equities struggled to find clear direction. The BSE Sensex fell over 200 points, while the NSE Nifty 50 slipped beneath the key 24,650 mark, weighed down by persistent global uncertainty and sectoral pressures.
Investors remained cautious amid delays in the U.S. interim trade deal, ongoing foreign institutional investor (FII) sell-offs, and disappointing Q1 corporate earnings, triggering a lack of confidence across broader markets.
Sectoral Impact: IT Under Pressure
The Nifty IT index was the biggest drag, with Infosys, Wipro, and Coforge slipping in early trade. Sentiment was dampened by global slowdown fears and declining tech budgets.
However, gains in Metal, Realty, and Oil & Gas stocks provided some balance. Midcaps managed modest gains, but smallcaps faced selling pressure, reflecting a mixed market breadth.
Top Trades of the Day
PNC Infratech surged 5%+ after clinching a Rs 2,957-crore mining contract in Chhattisgarh
Mazagon Dock declined 5% following a 35% YoY dip in Q1 profit
Waaree Energies rallied 4%, driven by an 89% YoY profit surge to Rs 745 crore
IndusInd Bank rose 2% after a solid Q1 result, prompting analysts to revisit stock outlook
Global Market Pulse
Asian and global cues remained largely negative:
Japan’s Topix: -0.8%
Australia’s S&P/ASX 200: -0.4%
Hong Kong’s Hang Seng: -1%
Shanghai Composite: Flat
Euro Stoxx 50 Futures: +0.3%, showing early optimism for Europe
Outlook Ahead
With benchmark indices under key support levels, market sentiment is expected to stay fragile unless positive signals emerge from the US trade talks or upcoming earnings surprises. Technical analysts warn of further downside if Nifty breaches 24,600 convincingly.
Disclaimer : This article is for informational purposes only. It does not constitute investment advice. Please consult with a certified financial advisor before making any investment decisions.
