๐Ÿ”น Markets Inch Higher for Second Straight Session; IT, Auto Lead, PSU Banks Hit 11-Month High

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๐Ÿ“Š Daily Market Update โ€“ July 16, 2025

Published by Angeeras Securities Research Desk

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Indian equities ended marginally higher on July 16, 2025, extending gains for the second consecutive session. Supported by buying in large-cap names like Infosys and Mahindra & Mahindra, the markets maintained a steady tone despite mixed global cues and pressure from the metal sector.

The Nifty 50 closed at 25,212.05, up 16.25 points or 0.06%, while the BSE Sensex added 63.57 points, ending at 82,634.48. Market movement remained range-bound, but selective buying in autos, IT, and PSU banks provided the necessary support.

๐Ÿฆ Sectoral Overview

Out of the 11 major NSE indices, 8 closed in the green. The Nifty IT index led sectoral gainers with a 0.63% rise, propelled by Tech Mahindra, which jumped ahead of its quarterly results. The auto index gained 0.44%, supported by Mahindra & Mahindra, although Tata Motors limited broader gains. The metal index was the worst performer of the day, falling 0.54%, as a firmer U.S. dollar dampened sentiment for global commodities.

A standout performer was the Nifty PSU Bank index, which surged 1.81%, reaching an 11-month high, led by Punjab National Bank and other key state-owned banks.

๐ŸŒ Global Sentiment & Economic Calendar

Markets globally remained cautious ahead of further data out of the U.S. and China. A stronger U.S. dollar weighed on metals, while investor sentiment remained buoyant in anticipation of more earnings releases and geopolitical trade clarity.

Key Global Economic Events to Watch This Week:

United States: Housing Starts Building Permits Initial Jobless Claims Philadelphia Fed Manufacturing Index

China: Industrial Production Fixed Asset Investment Retail Sales

Europe: ECB President speech Eurozone CPI YoY Final Germany ZEW Economic Sentiment

India: Trade Balance Foreign Exchange Reserves WPI Inflation

๐Ÿ“Œ Stocks in the News

Centrum Capital: Approved โ‚น172 crore fundraising through 5 crore shares at โ‚น34.38 per share.

Somany Ceramics: Completed 51% acquisition of Dura Build Care for โ‚น10 crore.

CFF Fluid Control: Signed a pact with Garden Reach Shipbuilders to strengthen naval offerings.

Anupam Rasayan: To allot 39 lakh shares at โ‚น945.11 on warrant conversion.

Utkarsh Small Finance Bank: CCO Mukesh Singh Verma resigned.

InterGlobe Aviation (IndiGo): Appointed Michael G. Whitaker as Independent Director for 5 years.

๐Ÿš€ Top Volume Gainers (NSE)

SMS Lifesciences India Ltd: Volume surged over 136x weekly average; stock up 12.60% to โ‚น1,291.70.

Network18 Media: Volume jumped over 90x; stock gained 12.65% to โ‚น62.76. 20

Microns Ltd: Volume rose 34x; price rallied 14.08% to โ‚น256.60.

๐Ÿ“ˆ Notable Stock Movers

ITC Hotels: Jumped 5% after a 54% YoY rise in Q1 net profit to โ‚น133 crore.

Dixon Technologies: Gained 4% post-acquisition announcement of a majority stake in Q Tech India.

HDFC Life: Advanced 2% on robust quarterly performanceโ€”โ‚น546 crore profit, up 14% YoY.

PVR Inox: Declined 2% after Karnataka proposed a โ‚น200 ticket cap.

HDB Financial: Fell 3.14% amid higher provisions despite return to profitability.

๐Ÿ“Š Index Contributors

Top Nifty Contributors:

Infosys: +22.86 points

Mahindra & Mahindra: +18.20 points

SBI: +16.39 points

Top Drags:

ICICI Bank: โˆ’8.57 points

Sun Pharma: โˆ’8.01 points

TCS: โˆ’5.57 points

๐Ÿ” Market Breadth & Internals

Market breadth remained firmly positive:

Total stocks traded on NSE: 3,018

Advances: 1,660

Declines: 1,269

Unchanged: 89

Additional Market Internals:

52-week Highs: 78

52-week Lows: 22

Upper Circuits: 96

Lower Circuits: 60

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