Indian stock market news based on recent updates: – **Market Performance**: On July 18, 2025, Indian markets faced a sharp decline, with the Sensex falling 501 points to close at 80,604 and the Nifty dropping below 25,000 to 24,968. This was driven by weak Q1 earnings, particularly from Axis Bank, foreign institutional investor (FII) selling, and global uncertainties like U.S. Fed policy and rising oil prices. Financial stocks, especially banks, were major drags, with the Nifty Bank index down 1%.[](https://pulse.zerodha.com/)[](https://www.business-standard.com/markets) – **Key Q1 Results**: – **Indian Hotels Company (IHCL)**: Reported a 32% YoY revenue growth to ₹2,102 crore and a 19% profit rise to ₹296 crore in Q1 FY26, despite global disruptions.[](https://economictimes.indiatimes.com/markets/stocks?from=mdr) – **Nuvoco Vistas**: Shares hit a 52-week high after a multi-fold profit increase to ₹133 crore in Q1.[](https://www.financialexpress.com/market/) – **Tata Communications**: Consolidated PAT fell 43% YoY to ₹190 crore, though revenue rose 7%.[](https://economictimes.indiatimes.com/markets/stocks?from=mdr) – **Wipro**: Q1 profit grew 11% YoY, boosting its ADR by over 5%.[](https://economictimes.indiatimes.com/markets/stocks?from=mdr) – **Sterling and Wilson**: Q1 PAT surged 680% YoY to ₹39 crore, with revenue up 93%.[](https://economictimes.indiatimes.com/markets/stocks?from=mdr) – **Axis Bank**: Disappointing Q1 results led to a 1% drop in Bank Nifty, impacting market sentiment.[](https://pulse.zerodha.com/) – **IPO Activity**: – **Snapdeal parent AceVector** and **Oswal Energies** filed IPO papers with SEBI, with Oswal Energies planning a ₹250 crore fresh issue.[](https://www.moneycontrol.com/) – **Patel Chem Specialities** IPO opens July 25, with a price band of ₹82-84 per share.[](https://economictimes.indiatimes.com/markets) – **HDB Financial** IPO attracted bids worth ₹1.61 lakh crore.[](https://www.businesstoday.in/markets) – **Sector Highlights**: – **Jewellery Stocks**: Senco, Titan, and Kalyan surged up to 5% on value buying.[](https://www.moneycontrol.com/stocksmarketsindia/) – **Defence Stocks**: Faced profit booking for the third day, with BDL, Data Patterns, and HAL falling up to 5%.[](https://www.moneycontrol.com/stocksmarketsindia/) – **Pharma Sector**: Positive outlook due to easing tariff concerns, with Sun Pharma and Glenmark highlighted for R&D developments.[](https://pulse.zerodha.com/) – **Specialty Chemicals**: Jefferies named Navin Fluorine and PI Industries as top picks.[](https://www.financialexpress.com/market/) – **Market Sentiment**: – FIIs net bought ₹374 crore, while DIIs purchased ₹2,103 crore on July 18.[](https://www.moneycontrol.com/stocksmarketsindia/) – Analysts suggest corporate earnings growth will drive future market direction, with recovery expected in H2 FY26.[](https://pulse.zerodha.com/) – **Stocks to Watch**: – **Gainers**: Wipro, Hero MotoCorp, M&M, Bajaj Auto, Nestle.[](https://www.moneycontrol.com/news/business/markets/) – **Losers**: Axis Bank, HCLTech, Kotak Bank, BEL, Shriram Finance.[](https://www.moneycontrol.com/news/business/markets/) – **Value Buys (Jefferies)**: Adani Energy, Adani Ports, Bharti Airtel, NTPC, among others. – **Market Outlook**: – Analysts remain cautiously optimistic, citing resilience despite global uncertainties. However, elevated valuations and weak earnings pose near-term challenges.[](https://economictimes.indiatimes.com/markets)[](https://pulse.zerodha.com/) – SEBI aims to deepen equity markets but flagged concerns over derivatives frenzy.[](
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