Business EconomyPosted at: Jul 20 2026 6:42PM


Stock markets end lower led by heavy selling in private banking stocks

New Delhi, Jul 20 (UNI) Indian stock markets on Monday ended lower led by heavy selling in private banking stocks after their June-quarter earnings and weak global cues.
At close, the Sensex was down 442.93 points or 0.57 percent at 77,708.52, and the Nifty was down 95.80 points or 0.39 percent at 24,238.50. Nifty midcap index added 0.6 percent and smallcap index ended marginally in the green.
Among the sectors, Nifty PSU Bank emerged as the top performer, gaining 2.8%. It was followed by Nifty Pharma up by 1.4%, Nifty Media up by 1%, Nifty Energy up by 1%, Nifty Metal up 0.86%, Nifty Oil & Gas up by 0.62%, Nifty Infrastructure gained 0.7%, Nifty FMCG 0.6% and Nifty Consumer Durables up by 0.72%.
The sectoral losers were Nifty Private Bank falling 2.2%, followed by Nifty Bank 1%, while Nifty Auto and Realty ended with marginal losses.
On the Nifty, the key gainers were Trent, Cipla, Power Grid Corporation, Bharti Airtel, JSW Steel. On the losing side were Axis Bank, HDFC Bank, Maruti Suzuki, Kotak Mahindra Bank, and Jio Financial Services.
Over 100 stocks touched their 52-week high on the BSE. These included Gabriel India, Shyam Metalics, Himadri Speciality Chemical, Navin Fluorine International, Aegis Logistics, Gujarat Fluorochemicals, Solar Industries India, Zydus Wellness, Lloyds Metals & Energy, Radico Khaitan, Divi's Laboratories, Sona BLW Precision Forgings, Federal Bank, and Exide Industries, among others.
Among the private banks, YES Bank and Kotak Mahindra Bank ended lower declining 3% and 2%, respectively.
Swiggy emerged as the worst performer, plunging 2.3%. Groww, Pine Labs, and Honasa Consumer also declined more than 2% each. UNI VK SAS
Please log in to get detailed story.
Tags: #Stock markets end lower led by heavy selling in private banking stocks
More News

Finance Ministry nudges departments to shift from WPI to PPI

16 Aug 2026 | 2:41 PM

New Delhi, Aug 16 (UNI) The finance ministry has asked government ministries and departments to consider using the Producer Price Index (PPI) instead of the Wholesale Price Index (WPI) for price escalation and rate adjustment clauses in future government procurement contracts.

see more..

Market valuation of 5 of top-10 firms erodes by Rs 1 trillion, TCS takes biggest hit

16 Aug 2026 | 1:57 PM

New Delhi, Aug 16 (UNI) The market valuation of five of the top-10 most valued firms eroded by nearly Rs 1 trillion last week, with IT bellwether Tata Consultancy Services (TCS) taking the biggest hit. The market capitalisation (mcap) of TCS declined by Rs 34,263.28 crore to Rs 8,53,506.85 crore.

see more..

AP: Agastya Energy to invest Rs 7,800-Cr in 12 GW ingot, wafer manufacturing unit in Kurnool

15 Aug 2026 | 8:43 PM

Kurnool (Andhra Pradesh), Aug 15 (UNI) Agastya Green Energy Limited, part of Anubhav Agarwal Group, on Saturday announced an investment of around Rs 7,800 crore to establish integrated 12 GW ingot and wafer manufacturing capacities at Orvakal Industrial Area in Kurnool district.

see more..

Vizag: RINL CMD calls for unity, discipline to overcome challenges, regain leading steelmaker position

15 Aug 2026 | 1:18 PM

Visakhapatnam, Aug 15 (UNI): Rashtriya Ispat Nigam Limited (RINL) Chairman and Managing Director M N V S Prabhakar on Saturday called upon employees to maintain unity and discipline to overcome the challenges faced by the company and regain its position among India's leading steel plants.

see more..

FTCCI to play crucial role in India's journey towards $30-trillion economy: Maheshwari

15 Aug 2026 | 12:58 PM

Hyderabad, Aug 15 (UNI): The Federation of Telangana Chambers of Commerce and Industry (FTCCI) has a crucial role to play in India's journey towards becoming a '$30-trillion economy by 2047', its President K K Maheshwari said on Saturday.

see more..