Stock Market LIVE Updates: Sensex drops over 150 pts, Nifty below 25,200; IT, financials under pressure
Economic Times17-07-2025
Sensex Today | Stock Market LIVE Updates: Eleven of the thirteen major sectors opened with marginal gains, while the broader market saw a slight uptick in small-cap and mid-cap stocks in early trade.In the previous session, Indian equities recovered early losses to close flat on Wednesday. Key Q1 earnings due today include Axis Bank, Wipro, Jio Financial, LTI Mindtree, HDFC AMC, and Indian Hotels. Analysts expect the market to consolidate with a positive bias, supported by improving trends in rural demand and healthcare, as well as potential progress in India–US trade talks.
Stock-specific action will likely continue as the earnings season gathers pace.
Sensex Today | Stock Market LIVE Updates: Indian equity benchmarks, Sensex and Nifty, traded lower on Thursday, mirroring subdued sentiment across Asian markets as investor caution grew amid uncertainty surrounding the future of US Federal Reserve Chair Jerome Powell.
Sensex Today | Mahindra Logistics' board has approved a rights issue to raise Rs 749 crore by offering shares at Rs 277 each
Record date for rights issue will be July 23.
Sensex Today | ITC Hotels shares hit record high, rise over 3% after Q1 profit jumps 54% YoY ITC Hotels' Q1FY26 net profit rose 54% YoY to Rs 133 crore; revenue grew 15.5%.
Stock surged over 3% after results; touched record high of Rs 246 on BSE.
Sequentially, PAT fell 48% due to a 23% QoQ drop in revenue.
Expenses rose 13% YoY; realty business reported no revenue this quarter.
Sensex Today | Stock Market LIVE Updates: IT stocks fall up to 2% in early trade
Sensex Today | Stock Market LIVE Updates: Hexaware to acquire Tech SMC Square India, Tech SMCSquared for ₹1,029 cr
Hexaware Technologies has signed share purchase agreements to acquire Tech SMC Square India and Tech SMCSquared (GCC) India in an all-cash deal worth up to ₹1,029 crore ($120 million). The acquisition is expected to be completed on July 17, 2025.
Sensex Today | Stock Market LIVE Updates: Kalpataru Projects shares rise on Rs 2,293 crore orders win
Kalpataru Projects International has bagged new orders worth ₹2,293 crore, including contracts in the Buildings & Factories (B&F) segment in India and a Power Transmission & Distribution (T&D) project in the overseas market.
Sensex Today | Tech Mahindra shares fall 2% on missing Q1 estimates. Should you buy, sell or hold? Tech Mahindra Q1 profit up 34% YoY to Rs 1,141 crore, but misses Street estimates of Rs 1,211 crore.
Brokerages divided: Some cite margin gains and strong deal wins; others highlight weak revenue, macro headwinds, and valuation concerns.
Motilal Oswal, Nomura bullish with target prices of Rs 2,000 and Rs 1,810, seeing margin turnaround and deal momentum.
Emkay, Nuvama, Jefferies, Morgan Stanley cautious, flagging stretched valuations, low growth, and tough path to 15% EBIT margin target.
Sensex Today | Stock Market LIVE Updates: Top gainers and losers at this hour
Sensex Today | Stock Market LIVE Updates: Axis Bank shares trade marginally lower ahead of Q1 results today
Nifty Today | Stock Market LIVE Updates: Nifty50 opens above 25,200
Sensex Today | Stock Market LIVE Updates | Opening Bell: Sensex off to a flat start, Nifty holds 25,200; IT, financials under pressure
Sensex Today | Stock Market LIVE Updates: SBI shares in focus as lender launches ₹25,000 crore QIP at discount
Shares of State Bank of India will be in focus on Thursday, July 16, after the country's largest public sector bank launched a ₹25,000 crore Qualified Institutional Placement (QIP), one of the largest capital-raising moves by an Indian bank in recent years.
Sensex Today | Stock Market LIVE Updates: Tech Mahindra shares in focus after 34% YoY profit rise, but Q1 misses estimates
Tech Mahindra shares will be in focus on Thursday after the company posted a 34% year-on-year rise in consolidated net profit for Q1FY26 at ₹1,141 crore, up from ₹851 crore a year ago. However, the figure came in below Street expectations of ₹1,211 crore. Revenue grew 2.7% YoY to ₹13,351 crore, also slightly missing estimates of ₹13,374 crore. Read more
Sensex Today | Stock Market LIVE Updates: Global market update S&P 500 futures fell 0.2% as of 11:41 a.m. Tokyo time
Japan's Topix rose 0.1%
Australia's S&P/ASX 200 rose 0.7%
Hong Kong's Hang Seng was little changed
The Shanghai Composite was little changed
Euro Stoxx 50 futures rose 0.6%
Sensex Today | Stock Market LIVE Updates: Sensex drops over 50 pts in pre-open session, Nifty trades flat
Sensex Today | Stock Market LIVE Updates: FOREX news The euro fell 0.2% to $1.1622
The Japanese yen fell 0.4% to 148.41 per dollar
The offshore yuan was little changed at 7.1796 per dollar
Sensex Today | Stock Market LIVE Updates: Reliance Power shares in focus after board clears ₹6,000 crore QIP plan
Reliance Power shares will be in focus on Thursday after the board approved a ₹6,000 crore fundraising plan through Qualified Institutions Placement (QIP) and other permissible routes. The company plans to issue equity shares or equity-linked instruments to qualified institutional buyers (QIBs). Read more
Sensex Today | Stock Market LIVE Updates: L&T Tech shares in focus as Q1 profit inches up, revenue grows 16% YoY
Shares of L&T Technology Services (LTTS) will be in focus on Thursday after the company posted a slight 0.7% year-on-year rise in consolidated net profit for Q1FY26, coming in at ₹316 crore compared to ₹314 crore in the year-ago period. Read more
Sensex Today | Stock Market LIVE Updates: Angel One shares in focus after Q1 profit falls 61% YoY
Angel One shares will be in focus on Thursday after the company posted a sharp 61% year-on-year decline in net profit to ₹114.4 crore for the June 2025 quarter, compared to ₹292.7 crore in the same period last year. Revenue also dropped 19% YoY to ₹1,140 crore from ₹1,405 crore.
Sensex Today | Stock Market LIVE Updates: Are asset managers a safer bet than brokers in India's capital market?
Amid regulatory scrutiny affecting exchanges and brokerage firms, money managers are viewing asset management companies (AMCs) as a safer bet in India's capital markets. While broking stocks may see potential degrowth, AMCs are expected to benefit from steady inflows. Experts also recommend selective exposure to banking stocks with AMC arms, citing attractive valuations.
Sensex Today | Stock Market LIVE Updates: Transrail Lighting stock soars 58% in 3 months driven by strong revenue growth, robust order pipeline
Transrail Lighting's stock rallied after the company posted strong Q1 results, marked by double-digit growth in both revenue and profit. The EPC firm, focused on power transmission and distribution, is gaining momentum from a healthy order book and ongoing capacity expansion initiatives.
Sensex Today | Stock Market LIVE Updates: Steel firms to see profit growth amid price hikes, cheaper coking coal
Steelmakers are expected to post higher profits in the fiscal first quarter, supported by a recovery in domestic steel prices and a drop in coking coal costs, despite a likely dip in sales volumes. In contrast, non-ferrous metal producers are likely to face a tough quarter, with projected declines in revenue and EBITDA amid weaker commodity prices and subdued demand.
Sensex Today | Stock Market LIVE Updates: Jio Financial to announce Q1 results today
Sensex Today | Stock Market LIVE Updates: Jio Financial Services is scheduled to announce its Q1 earnings today, accompanied by an analyst presentation. Key players such as Axis Bank, Wipro, and LTIMindtree are also set to release their quarterly results. In Q4 FY25, Jio Financial reported a modest rise in profit and revenue. Meanwhile, its mutual fund subsidiary, Jio BlackRock, recently received SEBI approval to launch five new index funds.
Forex Market LIVE Updates: Dollar on shaky ground as markets fret about Fed independence
The dollar remained fragile amid concerns that President Trump might remove Federal Reserve Chair Jerome Powell, unsettling U.S. market confidence. Although Trump denied any immediate plans, he kept the possibility open while criticizing Powell's interest rate decisions. Investors worry that any threat to the Fed's independence could further erode confidence in the dollar.
Sensex Today | Stock Market LIVE Updates: Oil rises as demand hopes and economic data lift sentiment
Oil prices rebounded after earlier declines, supported by strong economic data from key oil-consuming countries and signs of easing trade tensions. A sharp drop in U.S. crude inventories pointed to rising refinery activity and stronger demand. While concerns persist over tariffs and slowing growth in China, optimism around U.S. trade negotiations provided additional support.
Sensex Today | Stock Market LIVE Updates: Gold dips as dollar firms, Trump's Powell remarks ease market jitters
Gold prices slipped in early Asian trading on Thursday, weighed down by a stronger dollar and easing market jitters after U.S. President Donald Trump stated it was "highly unlikely" he would remove Federal Reserve Chair Jerome Powell.
US Market LIVE Updates: Wall Street closes higher after brief dip sparked by confusion over Powell firing rumors
Wall Street benchmarks ended modestly higher on Wednesday, with the Nasdaq Composite hitting another record close, despite a brief period of turmoil sparked by reports that U.S. President Donald Trump might fire Federal Reserve Chair Jerome Powell.
Asian Market LIVE Updates: Asian stocks waver at open after Trump-Powell saga
Asian stocks struggled for direction at the open after US markets had a volatile session amid speculation about the future of Federal Reserve Chair Jerome Powell.
Sensex Today | Stock Market LIVE Updates: Stocks in news: Axis Bank, Tech Mahindra, Wipro, LTIMindtree, Angel One
In today's session, stocks like Axis Bank, Tech Mahindra, Wipro, LTIMindtree, and Angel One will be in focus amid key news developments and their Q1 earnings announcements.
GIFT Nifty LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a positive start
GIFT Nifty on the NSE IX traded higher by 40 points, or 0.16 per cent, at 25,271, signaling that Dalal Street was headed for positive start on Thursday.
Sensex Today | Stock Market LIVE Updates: Ahead of Market: 10 things that will decide stock market action on Thursday
Indian markets ended marginally higher on Wednesday, supported by gains in PSU banks and IT stocks. Positive domestic cues helped offset global worries surrounding persistent U.S. inflation and trade tariff tensions. Read more
Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Wednesday
Indian benchmark indices, Sensex and Nifty, ended slightly higher on Wednesday, recovering early losses as gains in PSU banks and IT stocks helped counter broader regional weakness triggered by renewed concerns over rising U.S. inflation. Read more
Stock-specific action will likely continue as the earnings season gathers pace.
Sensex Today | Stock Market LIVE Updates: Indian equity benchmarks, Sensex and Nifty, traded lower on Thursday, mirroring subdued sentiment across Asian markets as investor caution grew amid uncertainty surrounding the future of US Federal Reserve Chair Jerome Powell.
Sensex Today | Mahindra Logistics' board has approved a rights issue to raise Rs 749 crore by offering shares at Rs 277 each
Record date for rights issue will be July 23.
Sensex Today | ITC Hotels shares hit record high, rise over 3% after Q1 profit jumps 54% YoY ITC Hotels' Q1FY26 net profit rose 54% YoY to Rs 133 crore; revenue grew 15.5%.
Stock surged over 3% after results; touched record high of Rs 246 on BSE.
Sequentially, PAT fell 48% due to a 23% QoQ drop in revenue.
Expenses rose 13% YoY; realty business reported no revenue this quarter.
Sensex Today | Stock Market LIVE Updates: IT stocks fall up to 2% in early trade
Sensex Today | Stock Market LIVE Updates: Hexaware to acquire Tech SMC Square India, Tech SMCSquared for ₹1,029 cr
Hexaware Technologies has signed share purchase agreements to acquire Tech SMC Square India and Tech SMCSquared (GCC) India in an all-cash deal worth up to ₹1,029 crore ($120 million). The acquisition is expected to be completed on July 17, 2025.
Sensex Today | Stock Market LIVE Updates: Kalpataru Projects shares rise on Rs 2,293 crore orders win
Kalpataru Projects International has bagged new orders worth ₹2,293 crore, including contracts in the Buildings & Factories (B&F) segment in India and a Power Transmission & Distribution (T&D) project in the overseas market.
Sensex Today | Tech Mahindra shares fall 2% on missing Q1 estimates. Should you buy, sell or hold? Tech Mahindra Q1 profit up 34% YoY to Rs 1,141 crore, but misses Street estimates of Rs 1,211 crore.
Brokerages divided: Some cite margin gains and strong deal wins; others highlight weak revenue, macro headwinds, and valuation concerns.
Motilal Oswal, Nomura bullish with target prices of Rs 2,000 and Rs 1,810, seeing margin turnaround and deal momentum.
Emkay, Nuvama, Jefferies, Morgan Stanley cautious, flagging stretched valuations, low growth, and tough path to 15% EBIT margin target.
Sensex Today | Stock Market LIVE Updates: Top gainers and losers at this hour
Sensex Today | Stock Market LIVE Updates: Axis Bank shares trade marginally lower ahead of Q1 results today
Nifty Today | Stock Market LIVE Updates: Nifty50 opens above 25,200
Sensex Today | Stock Market LIVE Updates | Opening Bell: Sensex off to a flat start, Nifty holds 25,200; IT, financials under pressure
Sensex Today | Stock Market LIVE Updates: SBI shares in focus as lender launches ₹25,000 crore QIP at discount
Shares of State Bank of India will be in focus on Thursday, July 16, after the country's largest public sector bank launched a ₹25,000 crore Qualified Institutional Placement (QIP), one of the largest capital-raising moves by an Indian bank in recent years.
Sensex Today | Stock Market LIVE Updates: Tech Mahindra shares in focus after 34% YoY profit rise, but Q1 misses estimates
Tech Mahindra shares will be in focus on Thursday after the company posted a 34% year-on-year rise in consolidated net profit for Q1FY26 at ₹1,141 crore, up from ₹851 crore a year ago. However, the figure came in below Street expectations of ₹1,211 crore. Revenue grew 2.7% YoY to ₹13,351 crore, also slightly missing estimates of ₹13,374 crore. Read more
Sensex Today | Stock Market LIVE Updates: Global market update S&P 500 futures fell 0.2% as of 11:41 a.m. Tokyo time
Japan's Topix rose 0.1%
Australia's S&P/ASX 200 rose 0.7%
Hong Kong's Hang Seng was little changed
The Shanghai Composite was little changed
Euro Stoxx 50 futures rose 0.6%
Sensex Today | Stock Market LIVE Updates: Sensex drops over 50 pts in pre-open session, Nifty trades flat
Sensex Today | Stock Market LIVE Updates: FOREX news The euro fell 0.2% to $1.1622
The Japanese yen fell 0.4% to 148.41 per dollar
The offshore yuan was little changed at 7.1796 per dollar
Sensex Today | Stock Market LIVE Updates: Reliance Power shares in focus after board clears ₹6,000 crore QIP plan
Reliance Power shares will be in focus on Thursday after the board approved a ₹6,000 crore fundraising plan through Qualified Institutions Placement (QIP) and other permissible routes. The company plans to issue equity shares or equity-linked instruments to qualified institutional buyers (QIBs). Read more
Sensex Today | Stock Market LIVE Updates: L&T Tech shares in focus as Q1 profit inches up, revenue grows 16% YoY
Shares of L&T Technology Services (LTTS) will be in focus on Thursday after the company posted a slight 0.7% year-on-year rise in consolidated net profit for Q1FY26, coming in at ₹316 crore compared to ₹314 crore in the year-ago period. Read more
Sensex Today | Stock Market LIVE Updates: Angel One shares in focus after Q1 profit falls 61% YoY
Angel One shares will be in focus on Thursday after the company posted a sharp 61% year-on-year decline in net profit to ₹114.4 crore for the June 2025 quarter, compared to ₹292.7 crore in the same period last year. Revenue also dropped 19% YoY to ₹1,140 crore from ₹1,405 crore.
Sensex Today | Stock Market LIVE Updates: Are asset managers a safer bet than brokers in India's capital market?
Amid regulatory scrutiny affecting exchanges and brokerage firms, money managers are viewing asset management companies (AMCs) as a safer bet in India's capital markets. While broking stocks may see potential degrowth, AMCs are expected to benefit from steady inflows. Experts also recommend selective exposure to banking stocks with AMC arms, citing attractive valuations.
Sensex Today | Stock Market LIVE Updates: Transrail Lighting stock soars 58% in 3 months driven by strong revenue growth, robust order pipeline
Transrail Lighting's stock rallied after the company posted strong Q1 results, marked by double-digit growth in both revenue and profit. The EPC firm, focused on power transmission and distribution, is gaining momentum from a healthy order book and ongoing capacity expansion initiatives.
Sensex Today | Stock Market LIVE Updates: Steel firms to see profit growth amid price hikes, cheaper coking coal
Steelmakers are expected to post higher profits in the fiscal first quarter, supported by a recovery in domestic steel prices and a drop in coking coal costs, despite a likely dip in sales volumes. In contrast, non-ferrous metal producers are likely to face a tough quarter, with projected declines in revenue and EBITDA amid weaker commodity prices and subdued demand.
Sensex Today | Stock Market LIVE Updates: Jio Financial to announce Q1 results today
Sensex Today | Stock Market LIVE Updates: Jio Financial Services is scheduled to announce its Q1 earnings today, accompanied by an analyst presentation. Key players such as Axis Bank, Wipro, and LTIMindtree are also set to release their quarterly results. In Q4 FY25, Jio Financial reported a modest rise in profit and revenue. Meanwhile, its mutual fund subsidiary, Jio BlackRock, recently received SEBI approval to launch five new index funds.
Forex Market LIVE Updates: Dollar on shaky ground as markets fret about Fed independence
The dollar remained fragile amid concerns that President Trump might remove Federal Reserve Chair Jerome Powell, unsettling U.S. market confidence. Although Trump denied any immediate plans, he kept the possibility open while criticizing Powell's interest rate decisions. Investors worry that any threat to the Fed's independence could further erode confidence in the dollar.
Sensex Today | Stock Market LIVE Updates: Oil rises as demand hopes and economic data lift sentiment
Oil prices rebounded after earlier declines, supported by strong economic data from key oil-consuming countries and signs of easing trade tensions. A sharp drop in U.S. crude inventories pointed to rising refinery activity and stronger demand. While concerns persist over tariffs and slowing growth in China, optimism around U.S. trade negotiations provided additional support.
Sensex Today | Stock Market LIVE Updates: Gold dips as dollar firms, Trump's Powell remarks ease market jitters
Gold prices slipped in early Asian trading on Thursday, weighed down by a stronger dollar and easing market jitters after U.S. President Donald Trump stated it was "highly unlikely" he would remove Federal Reserve Chair Jerome Powell.
US Market LIVE Updates: Wall Street closes higher after brief dip sparked by confusion over Powell firing rumors
Wall Street benchmarks ended modestly higher on Wednesday, with the Nasdaq Composite hitting another record close, despite a brief period of turmoil sparked by reports that U.S. President Donald Trump might fire Federal Reserve Chair Jerome Powell.
Asian Market LIVE Updates: Asian stocks waver at open after Trump-Powell saga
Asian stocks struggled for direction at the open after US markets had a volatile session amid speculation about the future of Federal Reserve Chair Jerome Powell.
Sensex Today | Stock Market LIVE Updates: Stocks in news: Axis Bank, Tech Mahindra, Wipro, LTIMindtree, Angel One
In today's session, stocks like Axis Bank, Tech Mahindra, Wipro, LTIMindtree, and Angel One will be in focus amid key news developments and their Q1 earnings announcements.
GIFT Nifty LIVE Updates: GIFT Nifty (Earlier SGX Nifty) signals a positive start
GIFT Nifty on the NSE IX traded higher by 40 points, or 0.16 per cent, at 25,271, signaling that Dalal Street was headed for positive start on Thursday.
Sensex Today | Stock Market LIVE Updates: Ahead of Market: 10 things that will decide stock market action on Thursday
Indian markets ended marginally higher on Wednesday, supported by gains in PSU banks and IT stocks. Positive domestic cues helped offset global worries surrounding persistent U.S. inflation and trade tariff tensions. Read more
Sensex Today | Stock Market LIVE Updates: Sensex, Nifty on Wednesday
Indian benchmark indices, Sensex and Nifty, ended slightly higher on Wednesday, recovering early losses as gains in PSU banks and IT stocks helped counter broader regional weakness triggered by renewed concerns over rising U.S. inflation. Read more
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