📉 Market Slips Below 24,700 as Q1 Earnings Disappoint and Global Uncertainty Looms

📰Daily Market Wrap-Up by Stock Whisperers-July 28, 2025

Author

thestock whisperers
July 28, 2025

July 28, 2025

📈 Market Overview:

Market Overview

Summary of the Day's Market Performance

  • The Sensex dropped 572.07 points (-0.70%) to close at 80,891.02, ending on a negative note.

  • The Nifty fell 156.10 points (-0.63%) to 24,680.90, settling at 24,700.

  • Midcap index shed 0.7%, and Smallcap index fell 1.3%, underperforming the main indices.

  • Pharma gained, while Realty plunged 4%, Media shed nearly 3%, and Capital Goods, Metal, Telecom, PSU Bank, and Private Bank declined 1-1.5%.

💸 Market Transactions:

  • Foreign Institutional Investors (FII): Sold ₹5,876.76 crore

  • Domestic Institutional Investors (DII): Bought ₹6,599.19 crore

📊📑 Important Observations and Market Sentiments: Editor Special

  • Domestic markets turned cautious due to disappointing Q1 FY26 earnings, delays in the India-US trade agreement, and persistent FII outflows. Globally, markets remained positive, supported by US-EU trade developments perceived as less severe than expected.

  • The upcoming Fed and BoJ monetary policy decisions, alongside domestic quarterly earnings trends, will shape near-term direction. Realty and Media faced sharp declines, while Pharma held firm. Analysts expect Nifty to consolidate between 24,500–24,900, with support at 24,300—focus on global policy cues and earnings momentum.

❓ DO YOU KNOW?

  • India’s Q1 FY26 GDP growth is estimated at 6.8% (provisional), down from 7.2% in Q4 FY25, reflecting weaker corporate earnings and global headwinds, per early data releases.

📰Stock News:

Key Stock Movements and News

  • Top Gainers: Shriram Finance, Cipla, Hero MotoCorp, HUL, and SBI Life defied the downturn.

  • Top Losers: Kotak Mahindra Bank, Wipro, Bajaj Finance, Bharti Airtel, and IndusInd Bank led the decline.

  • Kotak Mahindra Bank crashed 7.31% after Q1 FY26 net profit fell to ₹4,472 crore from ₹7,448 crore YoY, due to a one-time gain last year and stress in its retail commercial vehicle portfolio.

  • Bajaj Finance dropped 4% after JP Morgan downgraded the stock, amid weak Q1 FY26 earnings and NBFC sector concerns.

  • Tata Consultancy Services (TCS) fell 1.7% to ₹3,081.60 after announcing a 2% workforce reduction (12,000 employees globally) due to reduced demand, triggering an IT sell-off.

  • Wipro declined 3.5% to ₹250.05, hit by IT sector weakness following TCS’s job cut news.

  • Infosys dropped 2.2% to ₹1,482.50, impacted by broader IT sector selling pressure.

  • HCL Tech fell 1.1%, reflecting the IT sector downturn post-TCS’s announcement.

  • Poonawalla Fincorp surged 7% to ₹444.90 after approving a ₹1,500 crore fundraise via preferential allotment to Rising Sun Holdings Pvt. Ltd.

  • Shankara Building Products rose after a 102% YoY Q1 FY26 net profit surge to ₹32.40 crore from ₹16.10 crore.

  • Adani Green Energy gained on a 60% YoY Q1 FY26 net profit rise to ₹713 crore from ₹446 crore.

  • Mangalore Chemicals & Fertilisers rose 4.6% to ₹329 after a 40.4% YoY Q1 FY26 net profit growth to ₹61.63 crore.

  • Transport Corporation gained on a 17% YoY Q1 FY26 net profit rise to ₹106.50 crore from ₹91 crore.

  • Vijaya Diagnostics surged 7% after a Q1 FY26 net profit rise to ₹18.5 crore from ₹8.4 crore YoY.

  • SAIL fell up to 5% as Q1 FY26 earnings missed estimates, despite an 811% YoY net profit growth to ₹744.50 crore.

  • Tata Chemicals rose 2% after a 68% YoY Q1 FY26 net profit growth to ₹252 crore.

  • Ajanta Pharma traded flat at ₹2,767.40 after a Q1 FY26 net profit rise to ₹255.34 crore from ₹245.77 crore YoY.

  • Bharat Electronics (BEL) fell 1.34% to ₹389.90 despite a 23% YoY Q1 FY26 net profit rise to ₹969.91 crore.

  • Thangamayil Jewellery declined 1.79% to ₹1,800.80 after a Q1 FY26 net profit drop to ₹45.71 crore from ₹56.56 crore YoY.

  • Astec LifeSciences fell 2.29% to ₹879.55 after a Q1 FY26 net loss narrowed to ₹32.97 crore from ₹39.71 crore YoY.

  • CarTrade Tech gained after Q1 FY26 consolidated net profit doubled to ₹47 crore from ₹23 crore YoY.

  • Diamond Power Infrastructure rose after receiving a ₹1,349 crore Letter of Intent from Adani Energy for conductor supply.

  • SBI Cards & Payments fell after a 6.4% YoY Q1 FY26 net profit decline to ₹556 crore, despite 13.8% NII growth.

  • IDFC First Bank declined after a Q1 FY26 net profit drop and a 32.07% NPA reduction to ₹462.60 crore.

  • Mold-Tek Packaging gained after a 35.6% YoY Q1 FY26 net profit rise to ₹22.4 crore, with revenue up 22.3% to ₹240.5 crore.

Your Weekly Stock Markets Rundown: Earnings and Global Cues to Drive a Volatile Week Ahead

July 28 – August 1, 2025

  • Bearish Trend Continues: The BSE Sensex fell 0.4% to 81,463, and the Nifty 50 dropped 0.5% to 24,837 for the week ended July 25, with broader markets (Nifty Midcap 100 down 1.85%, Smallcap 100 down 3.5%) under pressure due to weak Q1 FY26 earnings, cautious global sentiment, and FII outflows of Rs 13,553 crore.

  • Market Outlook: Consolidation is expected, with focus on Q1 earnings, the FOMC meeting, US trade deal updates by August 1, auto sales, and key US economic data, amid potential volatility from the monthly F&O expiry.

  • Expert Views: Consolidation amid India-US trade uncertainties and mixed earnings, while premium valuations are under strain from subpar earnings.

👀Stocks to Focus:

  • Kotak Mahindra Bank: Q1 earnings impact to monitor.

  • Poonawalla Fincorp: Fundraise momentum to watch.

  • TCS: IT sector job cut fallout to observe.

📝Summary:

Indian markets fell 0.7%, with Nifty at 24,680, as weak Q1 FY26 earnings and FII outflows overshadowed global gains. Realty plunged 4%, while Pharma held steady. Investors eye Fed/BoJ policies—expect consolidation, focus on earnings and trade updates!

😊Thank you for subscribing to our Market Wrap-Up. Stay tuned for tomorrow's update.

Disclaimer: The Stock Whisperers is a media platform providing educational and informational content related to the stock market. We do not offer investment advice, stock recommendations, or tips. Readers should consult a SEBI-registered advisor before making any investment decisions.