Stock Market Today Closes: Sensex Trembles Below 240, Nifty 50 Under 24,800

Hexaware Technologies Ltd: -8.78%

APL Apollo Tubes Ltd: -6.90%

Authum Investment & Infrastructure Ltd: -6.68%

BHEL: -3.42%

SAIL: -3.41%

CRISIL Ltd: -3.21%

Union Bank of India: -4.92

Bajaj Finance Ltd.: -4.49

Bajaj Finserve Ltd.: -4.37

Sriram Finance Ltd.:-4.34

LIC: -3.10

BSE Ltd: -2.96

(Data at 11:17 AM)

The Indian stock market started Friday on a weak note, with benchmark indices opening firmly in the red. The Nifty opened at 24,944.60, down 117.50 points or 0.47%, slipping below the crucial 25,000 mark. Meanwhile, the Sensex began the day at 81,825.88, falling 358.29 points or 0.44% from the previous session. This negative opening reflects cautious investor sentiment amid weak global cues, ongoing profit booking, and uncertainties around trade talks and central bank actions. Traders are advised to stay alert as volatility may continue throughout the day, especially with mixed signals from international markets and earnings season updates.

Asian markets opened lower today, with Japan’s Nikkei and South Korea’s Kospi in the red, reflecting cautious investor sentiment. GIFT Nifty also hints at a negative start for Indian equities. In Europe, optimism around a potential EU-U.S. trade deal pushed markets higher, while the ECB held rates at 2%, adopting a “wait and watch” stance. In the U.S., the S&P 500 and Nasdaq hit fresh record highs, although the Dow lagged. Jobless claims dipped to 217,000, showing labor market strength. The 10-year U.S. yield edged up to 4.4%. Meanwhile, gold slipped slightly, and oil rose above $69 per barrel.

• Bajaj Finance
• Indian Energy Exchange (IEX)
• Adani Enterprises
• Karur Vysya Bank
• KFin Technologies
• Phoenix Mills
• Sun Pharma

Read More: Stocks To Watch Today: Bajaj Finance, Wipro, Sun Pharma, Adani and Many More In Focus

• S&P 500 closed at a record high, up 0.07% to 6,363.35 points.
• Nasdaq also hit a record close, rising 0.18% to 21,057.96 points.
• Strong earnings from Alphabet (Google’s parent) boosted AI stock optimism.
• Tesla’s disappointing results caused its shares to slump.
• Dow Jones Industrial Average dropped 0.70% to 44,693.91 points despite gains in other indexes.

On July 24, the Sensex and Nifty fell over 0.6%, wiping out previous gains due to broad selling. The Sensex closed down 542 points at 82,184, and the Nifty dropped 158 points to 25,062, near a key support level. Midcap and smallcap indices also slipped 0.4%. IT stocks fell sharply by over 2%, dragging the market down. However, pharma and PSU banks stood out with gains of 0.5% and 1.2%, respectively. Top gainers included Dr. Reddy’s, Cipla, and Tata Motors, while Reliance and Tech Mahindra were among the losers.

GIFT Nifty is pointing to a negative start for the Indian stock markets today, with futures trading down by 91 points, or 0.36%, at around the 24,997 level. This early signal suggests that benchmark indices like Nifty 50 could open in the red, weighed down by weak global cues and possible profit booking. The dip below the psychological 25,000 mark may impact investor sentiment during early trade. Traders are likely to stay cautious ahead of key earnings and macroeconomic data. Market participants will also keep an eye on global trends and FII activity to gauge further direction.