Markets at Noon: Nifty and Sensex Dip Slightly as Aviation Sector Faces Headwinds
By ScanX News Team
Indian markets show a slight downward trend at midday, with Nifty at 25,187.40 (-0.10%) and Sensex at 82,536.33 (-0.12%). Diamond, Gems and Jewellery sector leads gains (+3.73%), while Aviation sector faces the biggest decline (-0.70%). Le Travenues Technology Ltd (Ixigo) emerges as a standout performer, surging 13.99% following impressive Q1 results with 73% YoY revenue growth.
*this image is generated using AI for illustrative purposes only.
Market Overview
As the clock strikes noon on July 17, 2025, Indian markets are showing a slight downward trend. The Nifty 50 is currently trading at 25,187.40, down 24.65 points or 0.10% from its previous close. Similarly, the BSE Sensex stands at 82,536.33, reflecting a decrease of 98.15 points or 0.12%.
Sectoral Performance
The market is witnessing a mixed bag of sectoral performances.
Top Performing Sectors:
| Sector | Avg. Per Change |
|---|---|
| Diamond, Gems and Jewellery | 3.73% |
| Engineering Services | 1.48% |
| Transport | 1.04% |
| Castings, Forgings & Fasteners | 0.93% |
| Printing & Stationery | 0.93% |
Top Losing Sectors:
| Sector | Avg. Per Change |
|---|---|
| Aviation | -0.70% |
| Cables | -0.69% |
| Insurance | -0.57% |
| Petroleum Products | -0.41% |
Buzzing Stocks
Le Travenues Technology Ltd (Ixigo) is making waves in the market today. The stock has surged to a post-listing high of ₹199.95 and is currently trading at ₹203.99, up 13.99%. This comes on the back of strong Q1 results:
- Revenue up 73% YoY to ₹314.40 crore
- EBITDA growth of 53.4% YoY to ₹25.47 crore
- Net profit increased 27.7% YoY to ₹18.90 crore
The company's flight business revenue grew 148% YoY, while train and bus segments also showed significant growth.
Conclusion
As we reach the midpoint of today's trading session, the markets are showing a slight bearish trend with marginal dips in both Nifty and Sensex. While the aviation sector faces headwinds, the diamond and jewellery sector shines bright. Le Travenues Technology Ltd stands out as a top performer, riding high on its impressive Q1 results.
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