Markets bounce again after falling in early commerce pushed by shopping for in ICICI Bank, HDFC Bank

Equity benchmark indices Sensex and Nifty dropped in early commerce on Monday (July 21, 2025), however shopping for within the blue-chip shares ICICI Bank and HDFC Bank helped the markets get better all of the early misplaced floor.

The 30-share BSE Sensex declined 148.68 factors to 81,609.05 in early commerce regardless of a constructive begin. The 50-share NSE Nifty dropped 67.55 factors to 24,900.85.

Later, each the benchmark indices bounced again and had been buying and selling within the inexperienced. The BSE benchmark quoted 181.30 factors greater at 81,944.67, and the Nifty traded 36.75 factors up at 25,009.10.

From the Sensex corporations, ICICI Bank traded over 2% greater after the corporate posted a 15.9% soar in its consolidated internet revenue for the June quarter to ₹13,558 crore in comparison with ₹11,696 crore within the year-ago interval.

HDFC Bank additionally climbed over 2% regardless of the agency reporting a 1.31% decline in its consolidated internet revenue to ₹16,258 crore for the June 2025 quarter.

Tata Steel, ExtremelyTech Cement, Eternal and Bajaj Finance had been additionally buying and selling greater.

However, Axis Bank, Reliance Industries, Infosys, HCL Technologies, Tech Mahindra, Mahindra & Mahindra, Titan and Tata Consultancy Services had been among the many laggards.

India’s most beneficial firm Reliance Industries declined almost 2% even after the agency reported its highest-ever quarterly revenue of ₹26,994 crore for the April-June quarter, reflecting a progress of 78.3% over the year-ago interval, pushed by shopper companies and funding gross sales.

“The single most important factor which the market will be focusing on in the coming days will be the outcome of the trade talks between the U.S. and India. If an interim trade deal between the two countries is reached with a tariff rate of less than 20% on India, that would be positive from the market perspective. Weekend Q1 results were good with ICICI Bank reporting the best numbers, particularly in PAT and credit growth. HDFC Bank also reported a steady set of numbers,” VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, stated.

In Asian markets, South Korea’s Kospi and Hong Kong’s Hang Seng traded in constructive territory.

The U.S. markets ended on a combined notice on Friday (July 18, 2025).

Foreign Institutional Investors (FIIs) purchased equities price ₹374.74 crore on Friday (July 18, 2025), based on alternate information.

Global oil benchmark Brent crude climbed 0.17% to $69.40 a barrel.

On Friday (July 18, 2025), the Sensex tanked 501.51 factors or 0.61% to settle at 81,757.73. The Nifty dropped 143.05 factors or 0.57percentt to shut at 24,968.40.