On Thursday, July 17, Indian benchmark indices ended the trading session in the red, giving up gains from the previous two days.
The Nifty 50 declined by 100 points, dragged down by Infosys and ICICI Bank. Profit booking was witnessed in the Indian markets following a two-day rally, as Q1FY26 earnings failed to meet market expectations.
At the closing bell, the Nifty 50 ended down by 100.60 points or 0.40%, at 25,111.45. The Sensex declined by 375.23 points or 0.45% to 82,259.24.
Nifty PSU Bank falls 0.79%, while the Nifty Bank index dips 0.59%.
On the sectoral front, 5 out of 11 key sectors ended in positive territory. Meanwhile, broader indices like Smallcaps and Midcaps dropped, following moves in the frontline indices.
Among individual stocks,
The Nifty Realty index surged by 1.24% on Thursday. Prestige emerges as the top gainer among the realty stocks. On the flip side, the Nifty IT index declined by 1.39%, dragged by a 2.45% fall in Tech Mahindra on missing quarterly revenue estimates.
The key drivers of the index gains were:
On the other hand, these stocks weighed on the index:
The broader market indices ended on a Negative note, the Mid-cap 100 index closed down by 0.17% and the Small-cap 100 index moved down by 0.12%.
As of July 17, 2025, the market breadth was weak, standing on the negative side. Out of 3,023 stocks traded on the NSE, 1,433 advanced, 1,503 declined, and 87 remained unchanged.
A total of 71 stocks touched their 52-week highs, while 19 hit their 52-week lows. Additionally, 89 stocks were locked in their upper circuits, whereas 40 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.