Markets at Noon: Nifty and Sensex Dip Slightly as Sectoral Performance Diverges
Indian markets show a slight downward trend at midday on July 28, 2025. Nifty 50 is down 0.09% at 24,813.55, while BSE Sensex decreased 0.15% to 81,339.22. Diamond, Gems and Jewellery sector leads gains at 2.13%, while Castings, Forgings & Fasteners sector is the top loser at -2.14%. Asian Energy Services surged 13.77% on a new contract, while TV Today Network plummeted 7.62% following poor Q1 results. The market displays mixed sectoral performance with individual stocks reacting to company-specific news.
*this image is generated using AI for illustrative purposes only.
Market Overview
As of midday on July 28, 2025, Indian markets are showing a slight downward trend. The Nifty 50 is currently trading at 24,813.55, down 23.45 points or 0.09% from its previous close. Similarly, the BSE Sensex stands at 81,339.22, reflecting a decrease of 123.87 points or 0.15%.
Sectoral Performance
The market is witnessing a mixed bag of sectoral performances:
Top Performing Sectors
| Sector | Avg. Per Change |
|---|---|
| Diamond, Gems and Jewellery | 2.13% |
| Printing & Stationery | 1.25% |
| Oil & Gas | 1.11% |
Top Losing Sectors
| Sector | Avg. Per Change |
|---|---|
| Castings, Forgings & Fasteners | -2.14% |
| Logistics & Cargo | -1.51% |
| Transport | -1.18% |
| Aerospace & Defense | -1.10% |
| Consumer Services | -0.92% |
Buzzing Stocks
Several stocks are making headlines in today's trading session:
Asian Energy Services Ltd: The stock surged 13.77% following the announcement of an Integrated Service Contract worth approximately Rs 865 crores from Vedanta Limited.
CarTrade Tech Ltd: Despite a decline in auction business activity, the company's stock jumped 12.21% after reporting a 92% increase in quarterly consolidated net profit and a 21% rise in revenue.
TV Today Network: The stock plummeted 7.62% after reporting significantly lower financial results for Q1, with net profit dropping to 74 million rupees from 514 million rupees year-over-year.
Kotak Mahindra Bank Ltd: The bank's shares fell 6.67% following a block trade on NSE involving approximately 256,512 shares at Rs. 1,993.60 per share.
Conclusion
As the trading day progresses, the market shows a slight bearish trend with both Nifty and Sensex in the red. While sectors like Diamond, Gems and Jewellery are outperforming, others such as Castings, Forgings & Fasteners are facing headwinds. Individual stocks continue to react to company-specific news and financial results.
16
