- By Shreyansh Mangla
- Thu, 17 Jul 2025 10:40 AM (IST)
- Source:JND
Stock Market Today: On July 17, 2025, the market opened flat to marginally higher but quickly turned volatile. Both the Sensex and Nifty declined in early trade, largely due to pressure on banking and IT stocks, although some pharmaceutical and infrastructure stocks showed gains. Indian benchmark equity indices, Sensex and Nifty, started Thursday's trading session on a positive note, rebounding from previous declines. As of 9:59 AM IST on July 17, the Sensex had declined 78.02 points to reach 82,556.46 in early trade, while the Nifty declined by 25.15 points to 25,186.90.
The Indian stock market, as of July 17, 2025, reflects volatile sentiments, with Nifty falling below 25,200. The underperformance of banking and IT shares indicates near-term volatility and some negative sentiment in these key industries.
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However, there is some hope from PSU banks and certain pharmaceutical stocks like Natco and Ajanta, as they display positive sentiment in specific areas.
A clear trend is emerging: IT and banking sectors are facing headwinds, while PSU banks and some pharmaceutical stocks are gaining. Consumer discretionary sectors (hospitals, hotels, capital markets) are also seen as having meaningful growth potential. Q1 earnings results are a significant driver, causing sharp movements in individual stocks. The market is currently in a "stock-picking" phase rather than experiencing a broad-based rally.
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The recent stock subscription for Anthem Biosciences was quite strong, and a pipeline of IPOs indicates robust primary market interest.
Discussions around US-India trade deals and global tariff threats continue to influence market sentiments, though their immediate impact appears limited.
