The Indian benchmarks continued to lose for the second day in a row.
The Nifty 50 dropped 143 points to 24,968, breaking the crucial psychological threshold of 25,000, while the Sensex plummeted 502 points to settle at 81,758. Banking and NBFC stocks led the selloff, while defensive names offered limited support.
Axis Bank’s Q1 Earnings Fall More Than 5% Compared to Street Estimates
Axis Bank Ltd (₹1,099.30 | -5.27%)
Following the release of disappointing Q1 earnings, Axis Bank shares experienced a dramatic decline in value. Concerns over shrinking margins and increased provisioning dented investor confidence, triggering high-volume sell-offs.
- 52-Week Range: ₹933.50 – ₹1,318.60
- Volume: 380.54 Lakh shares
- Market Cap: ₹3,40,758 Cr
3% Drop in Shriram Finance Due to NBFC Sector Weakness
Shriram Finance Ltd (₹645.50 | -3.06%)
Shriram Finance fell for the second session as rising interest costs weighed on sentiment.
With NBFCs under pressure from tightening liquidity, delivery-based selling dominated trade.
- 52-Week Range: ₹493.35 – ₹730.45
- Volume: 65.71 Lakh shares
- Market Cap: ₹1,21,328 Cr
Bharat Electronics Falls 2.38% as Investors Book Profits
Bharat Electronics Ltd (₹394.75 | -2.38%)
BEL declined from recent highs as profit booking hit defense stocks.
Despite a strong outlook, stretched valuations and market-wide weakness led to selling pressure.
- 52-Week Range: ₹240.25 – ₹436.00
- Volume: 211.72 Lakh shares
- Market Cap: ₹2,88,443 Cr
HDFC Life Slips Nearly 2% as Insurance Stocks Stay Weak
HDFC Life Insurance Co Ltd (₹739.50 | -1.78%)
HDFC Life lost ground as investors remained cautious on high-P/E insurance plays.
Muted growth expectations and sector-wide consolidation contributed to the drop.
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- 52-Week Range: ₹584.30 – ₹820.75
- Volume: 34.50 Lakh shares
- Market Cap: ₹1,59,113 Cr
The market appears vulnerable going into the week’s last session after two days of losses. Investors may stay cautious ahead of upcoming IT earnings, global cues, and the next inflation print.
Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.
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Zero to Hero? Not Today — Bank Nifty Shows 0 Gainers, Full House of Losers
Indian markets ended lower on July 17, 2025, with Nifty Bank seeing no gainers and heavy losses in IndusInd Bank, Canara Bank, Federal Bank, and PNB.
यः करोत्यः संकल्पः संकल्पः संकल्पः।
The one who is unattached to the external world and who is free from desires is truly a yogi.
