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Share Market close highlights: Sensex falls 501 pts in choppy trade, Nifty at 24,968; SMIDs dip; Banks top drag

shree1news by shree1news
July 18, 2025
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Share Market Close: Sensex drops 384 pts, Nifty settles at 23,779; Nifty IT tumbles over 2%
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Stock Market close highlights, Friday, July 18, 2025: Following a tumultuous session, Indian equities benchmark indexes fell substantially on Friday, followed by losses at Axis Bank, Kotak Bank, and Bharti Airtel. FII selling, worldwide uncertainty over US Fed policy, and rising oil prices all contributed to subdued stock sentiment.

The benchmark BSE Sensex closed at 81,757.73, down 501.5 points, or 0.61 percent, while the Nifty50 closed at 24,968.4 levels, down 143 points, or 0.57 percent.

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In the broader market, the Nifty Midcap 100 index declined 0.7%, while the Nifty Smallcap 100 fell 0.82%.

On the sectoral front, Nifty Private Bank emerged as the top laggard, down 1.46 per cent. Among the index constituents, Axis Bank, RBL Bank, Kotak Bank, HDFC Bank fell over 1.5 per cent each.

 In addition, Nifty Bank, Financial Services, Consumer Durables, Energy, Auto, FMCG, Realty, Oil & Gas and Pharma all settled in red. On the other hand, Nifty Metal, Media and IT ended higher.

 Among the Sensex constituents, 23 out of 30 stocks settled in red. Axis Bank, Bharat Electronics, Kotak Bank, HDFC Bank, harti Airtel and Titan were the top laggards, falling up to 5.2 per cent. Bajaj Finance, Tata Steel, ICICI Bank, HCL Tech, Infosys, and M&M were the top gainers.

Meanwhile, the India VIX, which measures market volatility, closed up 1.33 percent at 11.39 points.

 

Source: BS

Tags: BSE SensexNSE Niftyshare marketStock Market

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