Stock Market Live: Sensex Dips 250 Points; Kotak Bank and Real Estate Sectors Struggle
The Indian stock market is experiencing volatility, with the Sensex falling by over 250 points. The Nifty IT and Nifty Realty indices are under pressure, trading with losses of about 1.5%. Key players like Kotak Bank, SBI Cards, and real estate firms are among the major losers.
Stock MarketNiftySensexReal EstateItReal Estate NewsJul 28, 2025
The Nifty Bank index has seen a significant decline, dropping over 400 points, primarily due to the poor performance of Kotak Mahindra Bank and Axis Bank. This downturn follows the Nifty's close below its 50-day moving average (DMA) last week, bringing the June 24 swing low of 24,824 into play.
The TCS layoff announcement has added to the market's woes, causing the company's shares to decline by about 1%. The Nifty IT and Nifty Realty indices are under immense pressure, trading with losses of about 1.5%. Real estate stocks, including Lodha, DLF, and Godrej Properties, are trading with significant cuts.
The Nifty Midcap 100 index, after a brief surge and recovery of 650 points from the day's lows, has swung and is now down by nearly 900 points. The Nifty Smallcap index continues to remain in focus, reflecting the broader market sentiment.
Several stocks are trading in the red, with major losses. Notable among these are Kotak Bank, SBI Cards, Lodha Developer, and CDSL. The day's biggest volume movers, which have seen higher-than-average trading activity, include Poonawalla Fincorp, Laurus Labs, Acme Solar, Kotak Bank, and Aadhar Housing.
Today's earnings season includes results from IndusInd Bank, Mazagon Dock, and BEL. These results are expected to provide further insights into the financial health of these companies and could influence market trends in the coming days.
As the market continues to navigate these volatile conditions, investors are advised to stay cautious and monitor key economic indicators and corporate results closely. The next few days will be crucial in determining the market's direction and the performance of various sectors.
In conclusion, the Indian stock market is facing significant headwinds, with the Sensex and Nifty indices under pressure. The real estate and IT sectors are particularly struggling, and investors are keeping a close eye on upcoming earnings reports for any positive signals.
Frequently Asked Questions
What is the current status of the Nifty and Sensex indices?
The Nifty 50 index has slipped below 24,700, while the Sensex is down by over 250 points. This reflects a volatile market sentiment with significant losses in key sectors.
Which sectors are under the most pressure in today's market?
The Nifty IT and Nifty Realty indices are under immense pressure, trading with losses of about 1.5%. Key real estate stocks like Lodha, DLF, and Godrej Properties are also trading with significant cuts.
How are the shares of major banks performing today?
The Nifty Bank index has fallen over 400 points, led by the poor performance of Kotak Mahindra Bank and Axis Bank. Other notable losers include SBI Cards and IndusInd Bank.
What impact has the TCS layoff announcement had on the market?
The TCS layoff announcement has added to the market's woes, causing the company's shares to decline by about 1%. This has put the IT sector under further pressure.
What are some of the biggest volume movers in today's market?
Poonawalla Fincorp, Laurus Labs, Acme Solar, Kotak Bank, and Aadhar Housing are among the stocks with higher-than-average trading activity today.
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