Markets at Noon: Nifty and Sensex Marginally Down, Cables Sector Surges
By ScanX News Team
Indian markets display a slight downward trend at midday on July 16, with Nifty 50 at 25,184.65 (-0.04%) and BSE Sensex at 82,556.49 (-0.02%). The Cables sector leads gains (+3.73%), while Printing & Stationery faces the largest decline (-1.34%). Notable stock movements include Ashok Leyland (-50.40%) trading ex-bonus, 20 Microns (+12.66%) following increased stake by Dolly Khanna, and Network18 Media (+11.88%) despite revenue decline. Overall, the market shows mixed performance with varied sectoral and individual stock movements.
*this image is generated using AI for illustrative purposes only.
Market Overview
As of midday on July 16, 2025, Indian markets are showing a slight downward trend. The Nifty 50 is currently trading at 25,184.65, down 11.15 points or 0.04% from its previous close. Similarly, the BSE Sensex stands at 82,556.49, registering a decline of 14.42 points or 0.02%.
Sectoral Performance
Top Performing Sectors
| Sector | Avg. Per Change |
|---|---|
| Cables | +3.73% |
| Engineering Services | +1.99% |
| Healthcare Services | +0.94% |
Top Losing Sectors
| Sector | Avg. Per Change |
|---|---|
| Printing & Stationery | -1.34% |
| Diamond, Gems and Jewellery | -0.78% |
| Castings, Forgings & Fasteners | -0.59% |
| Trading | -0.27% |
Buzzing Stocks
Ashok Leyland: Trading ex-bonus today with a 1:1 bonus issue. The stock is down 50.40% at ₹124.45.
Geojit Financial Services: Reported a 37% YoY decline in Q1 FY2026 consolidated net profit to ₹28.67 crore. The stock is down 6.31% at ₹77.10.
20 Microns: Investor Dolly Khanna increased stake by 0.28% in Q1. The stock is up 12.66% at ₹253.40.
Network18 Media: Reported Q1FY26 standalone news business revenue of ₹430 crore, down 5% YoY. The stock is up 11.88% at ₹62.33.
Hathway Cable & Datacom: Q1 consolidated net profit increased to ₹310 million from ₹183.7 million YoY. The stock is up 10.23% at ₹17.35.
Conclusion
The market shows mixed performance at midday, with major indices slightly in the red. The Cables sector leads the gainers, while Printing & Stationery faces the most significant decline. Individual stocks show varied movements based on their recent financial results and corporate actions.
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