Sensex, Nifty Slip Amid Choppy Trade; Bank, IT Hold Ground | July 16, 2025 Mid-Morning Update
Sensex and Nifty trade lower on July 16, 2025. IT and Bank stocks offer support while Smallcaps, Midcaps and VIX drop. Watch key trends and stocks.
Sensex, Nifty Slip Amid Choppy Trade; Bank, IT Hold Ground | July 16, 2025 - 11:40 AM IST
Indian stock markets saw modest pressure in mid-morning trade on Wednesday, July 16, 2025, with benchmark indices trading in the red. The Sensex fell 176.62 points to 82,394.29 (-0.21%), while the Nifty 50 slipped 54.30 points to 25,141.50 (-0.22%) as of 11:31 AM IST.
Key Index Snapshot:
| Index | Price | Change | % Chg |
|---|---|---|---|
| Sensex | 82,394.29 | -176.62 | -0.21% |
| Nifty 50 | 25,141.50 | -54.30 | -0.22% |
| Nifty Bank | 57,010.35 | +3.70 | +0.01% |
| Nifty IT | 37,449.55 | +24.95 | +0.07% |
| India VIX | 11.39 | -0.09 | -0.78% |
| Nifty Midcap 100 | 59,531.00 | -81.65 | -0.14% |
| Nifty Smallcap 100 | 19,090.85 | -44.40 | -0.23% |
Market Trend & Outlook
- Choppy but stable: Benchmark indices remain range-bound following a flat open. Weak global cues and trade worries continue to weigh on market mood.
- IT and Bank Nifty show resilience: Nifty IT turned green due to bargain buying in stocks like HCLTech and TCS. Nifty Bank is flat but outperforming broader indices.
- India VIX continues to ease, down 0.78%, signaling low volatility—but risk of sudden moves remains.
- Midcaps & smallcaps under pressure: Broader markets are showing slight weakness, indicating selective participation by investors.
Market Watchlist & Predictions
📌 Support Level:
- Nifty holding above 25,100 is crucial. Strong support is seen near 25,050.
📌 Resistance Zone:
- Upside capped near 25,250–25,300, unless led higher by banking and auto names.
📌 Movers to Watch:
- Tech Mahindra, L&T Technology (Q1 earnings watchers)
- Adani Ports, NTPC, Axis Bank (showing relative strength)
- Midcaps like LIC Housing & IRFC under watch for breakout signals
📌 Macro Watch:
- Markets are digesting rising global tariff headlines and closely watching for updates on India’s trade diplomacy post-U.S.-Mexico-EU tariff announcements.
Trend Prediction for the Session
The market may remain range-bound with high stock-specific action. A bounce from current levels will require leadership from private banks and energy stocks. Eyes are also on post-market Q1 results for further triggers.
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