Today’s Stock Market Closing, 28 July: Nifty and Sensex Fall for 3rd Consecutive Session; Broader Indices Near One-Month Low, Realty Index Sheds Over 4%

At the closing bell, the Nifty 50 ended down by 156.10 points or 0.63%, at 24,680.90. The Sensex slipped by 572.06 points or 0.70% to 80,891.03.

IT stocks slipped by 0.72%, with Tata Consultancy Services (TCS) falling 1.8% after announcing plans to reduce its workforce by 2%. Banking heavyweights HDFC Bank and ICICI Bank, both of which reported positive Q1 results, gained 0.2% and 7%, respectively, emerging as key contributors to benchmark support. 

Meanwhile, uncertainty over a potential U.S.-India trade agreement ahead of the August 1 deadline continued to weigh on overall market sentiment.

On the sectoral front, 2 out of 11 key sectors ended in positive territory. Meanwhile, broader indices like Midcaps and Smallcaps plummeted over 0.8% and 1.26% respectively and closed in red. 

Stock-Specific Highlights

Among individual stocks,

• CDSL share price fell by 5.69% after Q1 profit declined.
• Kotak Mahindra Bank's share price plunged over 7% after a muted Q1 show. 
• Lodha Developers' share price slumped 5.96% after reporting Q1 results

Nifty Pharma- Top Gainer of the Day

The Nifty Pharma index managed to close up by 0.43% on Monday. Laurus Labs and Cipla emerged as the top gainers among the Nifty Pharma index. On the flip side, the Nifty Realty index declined by 4.07% with Godrej Properties Ltd and Lodha Developers among the top losers. Nifty Realty index slips below 200-DEMA.

Nifty 50: Top Pullers and Draggers of the Day

The key drivers of the index gains were:

• ICICI Bank:  +22.03 points
• Hindustan Unilever: +6.56 points
• Cipla: +5.99 points

On the other hand, these stocks weighed on the index:

• Kotak Bank: - 65.05 points
• Bharti Airtel : - 32.24 points
• TCS: - 16.40 points

Broader Markets Negative

The broader market indices ended on a Negative note. The Mid-cap 100 index closed down by 0.84% and the Small-cap 100 index declined by 1.26%, closing at the one-month low. 

Market Breadth

As of July 28, 2025, the market breadth was in favour of declining stocks. Out of 3,089 stocks traded on the NSE, 811 advanced, 2,211 declined, and 67 remained unchanged. 

A total of 57 stocks touched their 52-week highs, while 62 hit their 52-week lows. Additionally, 70 stocks were locked in their upper circuits, whereas 120 stocks were in lower circuits. 

Disclaimer: The article is for informational purposes only and not investment advice.