Nifty-Tops-25,123;-Sensex-Nears-82,353

Eternal Soars to ₹311.6 (+14.9%) as Q1 Margins Impress


The Indian stock market opened the week on a strong note this Tuesday, July 22, 2025. Both Sensex and Nifty 50 show gains in early trade, supported by robust quarterly earnings from private sector banks and continued investor interest in technology and quick-commerce companies. Global cues also contribute to the positive sentiment, while some sectors face mild pressure after mixed Q1 results.

Benchmark Indices Rise in Early Trade

Nifty 50 rises by around 32 points and trades near the 25,123 mark. BSE Sensex is up by over 150 points and hovers around 82,352. The upward trend reflects confidence among investors, especially after strong buying on Friday and positive global signals. Gift Nifty futures also indicate a bullish sentiment, suggesting that investors are hopeful about market momentum staying positive throughout the day.

Private Banks Lead the Market Rally

Private banks are among the top performers today, riding on solid Q1 FY26 earnings. HDFC Bank and ICICI Bank post better-than-expected profits, boosting investor confidence. HDFC Bank gains around 0.6%, while ICICI Bank is up by nearly 0.8%. These earnings results confirm the financial strength of major lenders and drive the broader market upward. Axis Bank and Kotak Mahindra Bank also trade higher, supporting the Bank Nifty index.

Quick-Commerce Stocks in the Spotlight

Quick-commerce and tech-enabled platform companies continue to shine. Eternal, the parent company of Zomato and Blinkit, soars almost 14% in intraday trade after reporting strong operating margins and future growth expectations. Swiggy follows with gains of nearly 5%, supported by positive sentiment across the food delivery and logistics sector. These stocks are seeing heavy volumes, indicating high investor interest in digital consumer businesses.

Sector-Wise Performance: Mixed Sentiment

Different sectors show varied trends through the morning session. Financials, tech, and FMCG stocks are contributing to gains, while some sectors lag.

Pharma stocks fall by about 1% as some major players miss quarterly earnings expectations.

Real estate stocks decline by 2–3% following weak results from Oberoi Realty and a cautious outlook from developers.

Infrastructure and capital goods stocks remain flat to slightly positive, with select names like Afcons Infrastructure seeing a rise of about 4% after winning new contracts.

Cement stocks show mild recovery after last week’s correction, with names like Ultratech and Shree Cement inching up.

Key Stocks Making Headlines

Several individual stocks stand out with notable movements:

MCX and BSE gain up to 2% after SEBI lifts a trading restriction on Jane Street, which boosts confidence in exchange-related stocks.

PNB Housing Finance jumps after reporting a 23% rise in profit for the June quarter.

BL Kashyap and Sons gains momentum following the announcement of a ₹910 crore construction contract.

Havells India trades in the red after reporting weaker-than-expected earnings, driven by subdued demand in key product segments.

Oberoi Realty slides by about 3% post-Q1 results, weighed down by weaker margins and slower project execution.

Foreign and Domestic Investor Activity

Foreign institutional investors (FIIs) continue to book profits and are net sellers, having pulled out around ₹1,680 crore worth of Indian equities in the last session. However, domestic institutional investors (DIIs) remain net buyers and absorb the selling pressure with inflows worth ₹3,580 crore. This balance between FIIs and DIIs helps keep the broader market steady and prevents large-scale volatility.

Global Cues Support the Bullish Sentiment

Asian markets trade mixed, with Japan’s Nikkei slightly lower due to domestic economic uncertainty. However, gains in US stock markets on Friday and easing concerns around global trade tensions help boost risk appetite in Indian markets. Investors remain watchful of developments in India–US trade talks, with a deadline for key decisions approaching on August 1.

Stable oil prices and a strengthening Indian rupee also support the bullish undertone in equity markets. A softer dollar and improving macroeconomic conditions globally are further boosting sentiment.

Intraday Highlights and Momentum Stocks

As trading continues through the session, several stocks register significant movements:

Eternal hits an upper circuit with gains close to 15% after strong guidance.

Swiggy maintains a near 5% gain, backed by increased buying from institutional funds.

Afcons Infra surges nearly 4% after announcing new infrastructure orders.

BSE and MCX attract heavy volumes after regulatory developments in the trading space.

Havells India trades lower by over 2%, dragging down the electrical equipment segment.

Market Outlook for the Rest of the Week

Technical analysts believe the period from July 22 to July 25 could serve as a reversal window for broader indices. Last week, Nifty briefly dipped below the 25,000 level but managed to recover by Friday. If positive earnings results and stable macroeconomic cues continue, Nifty may attempt to retest the 25,200–25,300 zone. Sensex is also expected to maintain its upward trend if key banking and FMCG stocks sustain their current momentum.

Upcoming earnings from large-cap consumer brands like Colgate-Palmolive India and United Breweries may impact near-term sentiment. These results will offer deeper insights into consumer demand and urban spending patterns, which are critical for sectors like FMCG and retail.

Investor Sentiment and Technical Levels

Market breadth remains positive, with more advancing stocks than decliners on both NSE and BSE. Mid-cap and small-cap indices also trade higher, although at a slightly slower pace. Nifty Midcap 100 gains around 0.3%, while the Smallcap 100 adds about 0.5%.

Technical indicators suggest support for Nifty at 24,980 and resistance near 25,300. For Sensex, immediate support is at 82,000, while a breakout above 82,500 may take it toward new highs. Bank Nifty is leading sectoral gains and trades above 55,000, backed by strong performance from HDFC Bank, ICICI Bank, and Axis Bank.

Final Thoughts

The Indian stock market on July 22, 2025, trades with positive momentum. Strong corporate earnings from private sector banks and digital commerce players drive key indices higher. Mixed sectoral performance is visible, with pharma and realty stocks under pressure, while financials, FMCG, and infrastructure names show resilience.

Global factors, including improving US market trends and reduced trade concerns, support Indian equities. Foreign investor activity remains cautious, but domestic funds continue to provide stability. The focus now shifts to upcoming earnings reports and geopolitical updates, which will shape investor sentiment through the rest of the week. With key resistance levels approaching, markets may witness some profit-booking, but overall outlook remains optimistic.