The Indian stock market witnessed a volatile session on Tuesday, July 22, 2025, with benchmark indices erasing their early gains to close on a flat note. Despite a positive start, where the Nifty 50 crossed the 25,100 mark, markets couldn't hold onto the momentum, reflecting cautious investor sentiment amidst the ongoing earnings season and continuous foreign fund outflows.
At the closing bell, the BSE Sensex was down a marginal 13.53 points, or 0.02%, settling at 82,186.81. Similarly, the NSE Nifty 50 declined by 29.80 points, or 0.12%, to close at 25,060.90.
Market-Wide Sentiment
The overall market breadth was negative, indicating more stocks declined than advanced. On the NSE, 1,672 stocks fell, while 1,275 advanced, and 85 remained unchanged. This bearish sentiment was also visible in the broader markets, with the Nifty Midcap 100 index falling by 0.61% and the Nifty Smallcap 100 index dropping 0.34%.
Top Nifty 50 Movers
Here's a look at the top performing and underperforming stocks on the Nifty 50 index for the day:
| Top Gainers |
% Change |
| Eternal (Zomato) |
10.32% |
| HDFC Life |
1.36% |
| Hindalco Industries |
1.15% |
| Titan Company |
1.06% |
| Bharat Electronics |
0.88% |
| Top Losers |
% Change |
| Shriram Finance |
-2.25% |
| Eicher Motors |
-2.11% |
| Jio Financial Services |
-1.97% |
| Adani Ports |
-1.77% |
| Bajaj Auto |
-1.76% |
Sectoral Performance
Most sectoral indices ended the day in the red. The Nifty Media index was the hardest hit, plunging by 2.5%. Other notable losers included the Nifty PSU Bank, Realty, Auto, and Pharma indices, which fell between 0.9% and 1.6%. The Nifty Bank index also closed nearly 200 points lower, dragged down by losses in several banking stocks.
News and Corporate Actions
Several key developments kept the market buzzing:
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Eternal's Stellar Performance: The stock, formerly known as Zomato, was the top gainer, soaring over 10%. This surge came after the company reported its financial results for the quarter ended June 30, 2025, with a 70% year-on-year increase in revenue from operations.
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Quarterly Earnings:
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Zee Entertainment reported a 21.7% rise in net profit but saw its revenue decline by 14.3% year-on-year. The stock fell more than 5% following the announcement.
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Havells India posted a 14.8% decline in net profit for the quarter, with revenue slipping by 6%.
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Institutional Activity: Foreign Institutional Investors (FIIs) continued their selling streak, offloading equities worth ₹1,681.2 crore on a net basis. However, Domestic Institutional Investors (DIIs) provided some support, purchasing shares worth ₹3,578.4 crore.
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Rupee Movement: The Indian rupee weakened, closing 8 paise lower at 86.37 against the US dollar.
In summary, Tuesday's trading session was a story of volatility and indecision, with the market ending essentially where it started. While strong corporate earnings from specific companies like Eternal provided pockets of optimism, the broader market sentiment remained cautious, as evidenced by the decline in midcap and smallcap indices.
The day highlighted a market driven by individual company performance rather than a strong, unified trend. Continued selling by foreign investors, counterbalanced by domestic buying, contributed to the flat close. Moving forward, investors will be keenly watching the ongoing quarterly results season for fresh direction and clues about the health of the economy. The market's ability to find a decisive path will likely hinge on these upcoming corporate reports and any new economic triggers.