Sensex, Nifty Tumble Mid-Morning; Bank Stocks Lead Bloodbath | July 18, 2025
Sensex and Nifty plunge mid-morning on July 18, 2025, as banks and midcaps drag indices lower. IT holds flat; volatility surges. Watch support, triggers, and key stocks.
Sensex, Nifty Tumble Mid-Morning; Bank Stocks Lead Bloodbath | July 18, 2025 – 11:48 AM IST
Indian stock indices dropped sharply in mid-morning trade on Friday, July 18, 2025, with persistent selling in financials and midcaps driving a broad-based pullback. Volatility rose and safe havens saw renewed interest.
🔻 Key Market Snapshot
| Index | LTP | Change | % Chg |
|---|---|---|---|
| Sensex | 81,693.42 | -565.82 | -0.69% |
| Nifty 50 | 24,947.65 | -163.80 | -0.65% |
| Nifty Bank | 56,305.70 | -523.10 | -0.92% |
| Nifty IT | 37,185.05 | +46.50 | +0.13% |
| India VIX | 11.58 | +0.34 | +3.02% |
| Nifty Midcap 100 | 59,257.85 | -261.25 | -0.44% |
| Nifty Smallcap 100 | 19,012.10 | -105.20 | -0.55% |
Market Trends & Morning Cues
- Banking Rout: Bank Nifty underperformed, tumbling nearly 1%. Heavyweights HDFC Bank, Kotak Mahindra, and SBI saw pronounced declines amid FII selling and margin pressure worries.
- Indices Under Pressure: Both Sensex and Nifty 50 hit session lows, driven by weakness in financials, midcaps, and autos.
- IT Bucks the Trend: Nifty IT rose modestly, with TCS and Infosys stabilizing after recent volatility. Bargain hunters favored select tech names.
- Volatility Surges: India VIX climbed over 3%, reflecting risk aversion and hedging activity ahead of the weekend.
- Broader Market Hit: Midcap and smallcap indices declined on profit-booking and sentiment shifts; momentum favored large-cap defensives.
Watchlist & Predictions
- Short-Term Support: If Nifty slips below 24,900, further selling may drag it towards 24,750. Sensex may find support near 81,500.
- Resistance to Watch: Any bounce is likely capped at 25,080–25,120 on Nifty, unless banking and auto stocks see sharp reversals.
- Stock Action:
- IT Stocks: Remain steady; monitor TCS, HCLTech, LTI Mindtree for strength.
- Banking/Financials: Under pressure; HDFC Bank, Kotak Bank, and SBI are key for reversal signals.
- Midcap/Smallcap: Outlook remains cautious, with stock-specific stories like Apollo Tyres, Lupin, and Adani Wilmar drawing interest.
- Macro Triggers: Traders are bracing for earnings from ICICI Bank, HUL, Ultratech Cement, and for global cues from US Fed statements and inflation data.
Market Prediction & What to Watch
- Range-Bound to Downside: High volatility and weak breadth may keep indices under pressure. A stabilizing IT sector could cushion some of the fall but recovery depends on a banking bounce.
- Trader Tip: Focus on risk management in financials, potential sector rotation into IT and defensives, and watch for sudden reversal on news or earnings beats.
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