Nifty climbs above 25,000, powered by heavyweight banks
Published on 21/07/2025 03:50 PM
Nifty climbs above 25,000, powered by heavyweight banksThe NSE Nifty 50 index rose 122 points, or 0.49%, to close at 25,091, reclaiming the 25,000 mark for the first time in days, while the BSE Sensex gained 443 points to end at 82,200. The market was led by gains in banking and financial stocks, with the Nifty Bank index climbing 670 points, or 1.19%, to 56,953.By Poonam Behura July 21, 2025, 3:50:31 PM IST (Published)2 Min ReadIndian equity markets closed at the day’s high on Monday, supported by strong buying in banking heavyweights following robust quarterly earnings, even as broader market sentiment remained mixed amid key stock-specific moves.
The NSE Nifty 50 index rose 122 points, or 0.49%, to close at 25,091, reclaiming the 25,000 mark for the first time in days, while the BSE Sensex gained 443 points to end at 82,200. The market was led by gains in banking and financial stocks, with the Nifty Bank index climbing 670 points, or 1.19%, to 56,953.
The broader Nifty Midcap 100 also advanced 0.6%, adding 364 points to settle at 59,468, even as the market breadth remained neutral with an advance-decline ratio of 1:1.
Banking, IT stocks lead gains
HDFC Bank and ICICI Bank saw strong buying interest after posting better-than-expected first-quarter earnings, boosting sentiment in the financial sector. IndusInd Bank, however, ended lower despite recovering from intraday losses amid ongoing news flow around the status of its chief executive.
Among top gainers, Persistent Systems surged 4% ahead of its quarterly results, while Eternal rallied more than 5% following a healthy Q1 performance. L&T Finance Holdings also rose nearly 4% after issuing a positive business outlook.
Metal stocks firm up, Reliance weighs
Metal stocks saw renewed buying interest amid rising global commodity prices, with state-run miners NALCO and NMDC closing higher.
On the downside, index heavyweight Reliance Industries fell over 3%, despite posting steady Q1 results, becoming the top Nifty loser for the session. Ceat shares dropped nearly 6% after global brokerage Nomura downgraded the stock post its quarterly earnings. Dodla Dairy slipped 8% following a mixed set of results for the June quarter.
Among smaller banks, AU Small Finance Bank, Bandhan Bank, and Union Bank of India declined between 3–5% after their earnings failed to impress investors.
Tilaknagar Industries ended higher but off session highs after the Andhra Pradesh police reportedly named the company in connection with an alleged liquor scam.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsClosing Bellshare market today