Indian equities ended the week in the red, with the Nifty 50 and Sensex both falling over 1%. Friday marked the sharpest single-day drop since mid-June, led by a selloff in IT stocks.
Top losers:
TCS dropped 3.4% after disappointing Q1 sales growth.
HDFC Bank was the biggest drag on the Nifty, down 1.1%.
Mahindra and Bajaj Auto also saw notable declines.
Top Gainers:
Hindustan Unilever surged 4.6% following the appointment of Priya Nair as CEO, sparking optimism for a growth revival.
SBI Life and Axis Bank posted modest gains.
Market Context:
Nifty 50 is up 6.4% YTD, trailing the MSCI Asia Pacific Index’s 11% gain.
Nifty Ends Lower for 4th Straight Session; Infosys, Jio Financial Drag The NSE Nifty 50 slipped 0.3% (67.55 points) to close at 25,082.30, marking its lowest close since June 24. This is the fourth consecutive day of losses.
Top Drags:
Infosys fell 1.5%, contributing the most to the index decline.
Jio Financial Services dropped 2.1%, the biggest loser of the day.
Reliance and Larsen & Toubro also weighed on the index.
Top Gainers:
Eternal surged 2.8%, leading the gainers.
Titan Co rose 1.3%
IndusInd Bank added 1.0%
Market Snapshot:
28 of 50 Nifty stocks declined.
Nifty is now 4.5% below its 52-week high (Sept 27, 2024) and 15.4% above its 52-week low (April 7, 2025).
P/E Ratio: 24.2 (trailing), 22.6 (forward)
Dividend Yield: 1.3%
30-day Volatility: Down to 9.46% from 9.70% (avg: 11.33%)
Other Market Moves:
India’s 10-year bond yield eased to 6.308%
MSCI Asia Pacific Index edged up; S&P 500 fell 0.3% in the last session
YTD Highlights:
Infosys is down 16.5% YTD
Bajaj Finance, despite today’s drop, is up 34.9% YTD
Indian Markets Rebound After Four-Day Slide as Inflation Cools
Indian equities ended a four-session losing streak on Tuesday, buoyed by softer-than-expected June inflation data. The NSE Nifty 50 rose 0.5% to close at 25,195.80, while the BSE Sensex gained 0.4%. The rally was led by financial heavyweights like HDFC Bank and ICICI Bank.
June CPI came in at 2.1% YoY—the slowest pace since January 2019—largely due to easing food prices. This data helped lift investor sentiment across sectors.
Key Highlights:
Top Gainers:
Hero MotoCorp (+4.8%),
Bajaj Auto (+2.8%),
Sun Pharma (+2.7%)
Top Losers:
HCL Tech (-3.3%),
Eternal (-1.5%),
SBI Life (-1.5%)
All 15 BSE sectoral indices ended in the green, with the Nifty Auto Index outperforming.
Software exporters also saw a modest rebound (+0.4%), helped by Nvidia’s decision to resume some product sales to China, easing geopolitical concerns.
Valuation Watch:
Nifty 50 is up 6.6% YTD, trading at 21.2x forward earnings.
In comparison, the MSCI Asia Pacific Index is up 12% YTD.
Earnings Season Update:
HCL Technologies disappointed with Q1 results, dragging its stock down the most since early May.