NewsMarketsMarkets at Noon: Nifty and Sensex Edge Higher as Castings and Trading Sectors Lead GainsMarkets at Noon: Nifty and Sensex Edge Higher as Castings and Trading Sectors Lead Gains
By ScanX News Team
Indian markets display positive momentum with Nifty at 25,040.45 (+0.29%) and Sensex at 82,045.32 (+0.35%). Castings, Forgings & Fasteners sector leads gains (+2.59%), while Diamond, Gems and Jewellery faces downturn (-6.03%). AU Small Finance Bank drops 5.22% despite profit growth, Anthem Biosciences debuts strong with 28.74% premium, and Wendt surges 13.68% on stake acquisition news.
*this image is generated using AI for illustrative purposes only.
Market Overview
As of midday on July 21, 2025, Indian markets are showing positive momentum. The Nifty 50 is trading at 25,040.45, up 72.05 points or 0.29% from its previous close. Similarly, the BSE Sensex has gained 287.59 points or 0.35%, currently standing at 82,045.32.
Sectoral Performance
Top Performing Sectors
| Sector | Average Percentage Change |
|---|---|
| Castings, Forgings & Fasteners | +2.59% |
| Trading | +1.48% |
| Utilities | +1.37% |
Underperforming Sectors
| Sector | Average Percentage Change |
|---|---|
| Diamond, Gems and Jewellery | -6.03% |
| Printing & Stationery | -2.24% |
| Aviation | -1.00% |
Buzzing Stocks
AU Small Finance Bank: The stock has fallen 5.22% to ₹753.40, hitting its lowest level since June 6. Despite reporting a 15.6% increase in Q1FY26 net profit, the bank faces challenges with asset quality deterioration and increased provisions.
Anthem Biosciences: The stock made a strong debut, opening at ₹723.05 and currently trading at ₹733.80, representing a 28.74% premium over its issue price of ₹570.
Wendt (India): The stock has surged 13.68% to ₹12,795 following news that individual investor Mukul Agrawal has acquired a 2.5% stake in the company.
Conclusion
As the trading session reaches its midpoint, the Indian markets are showing resilience with both Nifty and Sensex in the green. The Castings, Forgings & Fasteners sector is leading the gains, while the Diamond, Gems and Jewellery sector faces the most significant downturn. Investors are closely watching the mixed performance of AU Small Finance Bank and the strong debut of Anthem Biosciences.
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