πŸ“Œ Private Lenders Drag Indices; Pharma, Select Autos Offer Support

1–2 minutes

12-08-2025

Indian equity benchmarks slipped on Tuesday, pressured by heavyweights HDFC Bank and ICICI Bank, even as pharma and select auto stocks cushioned the fall. The Nifty 50 lost 97.65 points (-0.40%) to close at 24,487.40, while the Sensex shed 368.48 points (-0.46%) to 80,235.60.

Sectoral Snapshot

Gainers (6/11 indices): Nifty Pharma (+0.69%) – standout performer; Alkem Laboratories and Biocon led the rally, index crossed its 200-day EMA, hinting at potential trend reversal. Nifty Auto (+0.24%) – supported by M&M and Maruti Suzuki. Laggards: Nifty Financial Services (-1.02%) – weighed down by Shriram Finance and Kotak Mahindra Bank. Nifty Bank (-0.90%) – HDFC Bank & ICICI Bank saw profit booking.

Stock-Specific Moves

Tilaknagar Industries ↑ 4.5% – Q1 profit more than doubled on strong volumes & margin expansion. Praj Industries ↓ 7.14% – Q1 FY26 profit & sales slipped YoY. Astral ↓ 8.13% – weaker-than-expected quarterly earnings. Bata India ↓ 4% – hit a 5-year low after profit decline.

Top Nifty Supporters:

Mahindra & Mahindra (+9.75 pts) Maruti Suzuki (+6.98 pts) Larsen & Toubro (+4.47 pts)

Top Nifty Drags:

HDFC Bank (-43.35 pts) ICICI Bank (-23.52 pts) Bajaj Finance (-14.47 pts)

Market Breadth & Internals

Advances: 1,422 Declines: 1,544 Unchanged: 98 52-week Highs: 36 52-week Lows: 64 Upper Circuits: 97 Lower Circuits: 45

Global Economic Calendar – Key Events

US: CPI inflation data (market-sensitive) UK: Unemployment Rate report Japan: Core Machinery Orders Eurozone: ZEW Economic Sentiment Index

Today’s Top Volume Gainers (NSE)

(Educational use only; not investment advice)

Tilaknagar Industries Mahindra & Mahindra Alkem Laboratories

What This Means for Investors

Banking weakness can keep headline indices under pressure; monitor HDFC Bank & ICICI Bank closely for signs of reversal. Pharma breakout above 200-DEMA may attract momentum traders; good to watch for follow-through buying. Auto sector resilience suggests domestic consumption remains healthy despite global uncertainties. Stock-specific Q1 results continue to drive sharp moves; earnings season volatility remains high β€” stick to strong fundamentals.

πŸŽ₯ For technical levels, chart setups & actionable strategies, watch our full market video update here:

https://msha.ke/angeeras