Here are the key highlights from today’s Indian stock market, Thursday, July 17, 2025:

 Stock Market Today: Sensex Falls 375 pts, IT & Bank Stocks Under Pressure"

Here are the key highlights from today’s Indian stock market, Thursday, July 17, 2025:

---

📉 Market Performance

Sensex dropped 375 points (‑0.45%) to close at 82,259, while Nifty 50 fell 100 points (‑0.40%), ending around 25,111  .

Weakness was broad-based: IT stocks (Tech Mahindra, Infosys, Wipro) and financials (IndusInd Bank, SBI Life, Axis Bank) led the downside  .

Midcaps and smallcaps showed resilience, with the smallcap index rising ~0.3%  .

---

📰 Major News & Drivers

Tech Mahindra fell ~3%, missing Q1 revenue estimates, dragging down broader IT sentiment  .

Wipro’s ADR surged over 5% after reporting strong Q1 growth (+11% YoY net profit) and declaring a ₹5/share interim dividend  .

Axis Bank Q1 profit declined 4% YoY (₹5,806 cr), signalling softness in the financial sector  .

Indian Hotels (IHCL) posted a healthy 26% YoY net profit rise to ₹329 cr in Q1  .

---

🔍 Sector Snapshot

Under pressure:

IT: Tech Mahindra, Infosys, Wipro, LTI Mindtree, HCL, Mphasis all declined 1–3%  .

Financials: PSU banks and financial services dragged lower  .

Gaining:

Realty, metal, consumer durables, energy, pharma posted gains of ~0.5–1%  .

---

🗓️ Other Notable Updates

Six companies, including Coromandel Int’l, GHCL, Graphite India, Oriental Hotels, PDS, will go ex-dividend tomorrow, prompting last-chance buys  .

Stocks under ₹100 showing strong interest: Allcargo Gati, Fedder Holding, Andhra Paper named as “intraday picks”  .

Macro & global: Caution persists due to concerns over U.S. Fed Chair Powell's future and global trade uncertainties  .

---

📌 Summary Insight

Markets experienced a broad-based pullback, primarily led by IT and financials. However, mid- and small-cap shares bucked the trend, while select sectors (realty, metals, consumer durables, energy, pharma) provided support. Domestic Q1 earnings season is underway, with mixed results signaling cautious investor sentiment, especially in cyclical and IT-heavy sectors.

---

Would you like a deeper dive into any of these earnings (e.g., Tech Mahindra or Axis Bank)? Or maybe sector-wise strategizing or stock picks based on this market mood?