Sensex Nifty Live Updates July 24: Benchmark Indices Decline, Global Cues Mixed

Indian markets ended lower on Wednesday, weighed down by profit booking in heavyweight stocks and weak cues from select sectors. The Nifty 50 declined 0.63% to close at 25,062, while the Sensex slipped 0.66% to settle at 82,184. Losses in FMCG and IT counters such as Nestle, Tech Mahindra, and Reliance dragged the indices, even as Eternal, Tata Motors, and Dr. Reddy's Labs provided some support on the gaining side. Asian markets traded positively, with Japan’s Nikkei climbing 1.59%, while European indices like the FTSE 100 and DAX were also higher mid-session. U.S. futures, however, showed a mixed trend ahead of the opening bell.

Stock Market Highlights, July 24:

• Indian Markets Close Lower: The Nifty 50 slipped 0.63% to 25,062, while the Sensex fell 0.66% to 82,184, led by losses in stocks like Nestle (-5.32%), Trent (-3.83%), and Tech Mahindra (-3.10%).
• Top Gainers and Losers: Eternal (+3.67%), Tata Motors (+1.51%), and Dr. Reddy's Labs (+1.45%) topped the gainers’ list, while Nestle, Shriram Finance (-3.13%), and Reliance (-1.52%) were among the key laggards.
• Global Market Trends: Asian indices such as Nikkei (+1.59%), Hang Seng (+0.51%), and Shanghai Composite (+0.66%) ended higher. European markets were also positive mid-session, with FTSE 100 up 0.89% and DAX up 0.66%. U.S. futures showed mixed cues, with Dow Jones down 0.25%, but NASDAQ up 0.32%.

Stay informed with our in-depth look at what’s driving the stock market tomorrow.

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Top Losers:

Indian Market Closing Cues:

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European Market Mid-Session Update:

U.S. Markets Live Today

*As of 15:50 IST

Stocks to Watch Today:

Here are the top stocks to watch today following their latest earnings and key business updates.

Earnings on Radar:

A busy earnings day awaits investors as several major companies gear up to announce their Q1FY26 results today. Among the prominent names reporting are Nestle India, Canara Bank, Bajaj Finance, ACC, and SBI Life Insurance. The lineup also includes Indian Bank, Mphasis, Adani Energy Solutions, UTI Asset Management Company, REC, and CG Power and Industrial Solutions. Other companies set to release their quarterly numbers for the period ended June 30, 2025, include Aditya Birla Sun Life AMC, Coromandel International, Indian Energy Exchange, Ujjivan Small Finance Bank, Hexaware Technologies, and Motilal Oswal Financial Services.

Infosys

Infosys reported a healthy performance for the quarter, with net profit climbing 8.7% year-on-year to ₹6,921 crore, up from ₹6,368 crore. Revenue rose 7.5% to ₹42,279 crore compared to ₹39,315 crore in the same period last year, while EBIT saw a 6.2% increase, reaching ₹8,803 crore.

Bajaj Housing Finance

Bajaj Housing Finance posted strong Q1 results, with net interest income surging 33.4% to ₹887 crore. Net profit for the quarter stood at ₹583 crore, marking a 21% year-on-year growth.

Dr. Reddy’s Laboratories

Dr. Reddy’s posted a modest 1.9% rise in net profit at ₹1,417.8 crore for the first quarter, compared to ₹1,392 crore a year ago. Revenue grew at a robust pace of 11.4%, reaching ₹8,545.2 crore against ₹7,672.7 crore in the same quarter last year.

Tata Consumer Products

Tata Consumer Products delivered a 15% year-on-year increase in consolidated net profit for Q1FY26, reporting ₹334 crore compared to ₹290 crore in the corresponding period of the previous year.

Reliance Industries

Reliance Strategic Business Ventures has expanded its stake in Nauyaan Shipyard through its subsidiary, Nauyaan Tradings, which acquired an additional 9.9% from Welspun Corp for ₹54.70 crore.

FII/DII Trading Activity

*As of 09:39 IST
 

This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.