In the late morning
session, weak trade continued over the market, with both Sensex and Nifty trading
in deep red, on the back of negative cues from the other Asian markets. Domestic
sentiments remained negative, as the government is not considering extending last
date for filing income tax returns as it expects most returns to come in by the
due date of July 31.

Also Read | Gold, silver and other metal prices on Monday, July 25, 2022

Asian markets
were trading mostly in red with Nikkei 225 slipping 214.23 points or 0.77% to
27,700.43, Hang Seng decreasing 154.45 points or 0.75% to 20,454.69, Shanghai
Composite declined 23.27 points or 0.71% to 3,246.70, Jakarta Composite lost
14.56 points or 0.21% to 6,872.40 and Taiwan Weighted dropped 0.03 points or 0%
to 14,949.33. On the flip side, Straits Times advanced 10.30 points or 0.32% to
3,191.64 and KOSPI rose 17.76 points or 0.74% to 2,410.90.

Also Read | Zomato share crashes 14% to hit a new all-time low as lock-in period ends

Sensex is presently
trading at 55,684.46, down by 387.77 points or 0.69% after trading in a range of
55,537.08 and 56,018.09. On the index, there were 11 that advanced and 19 stocks that
declined.

Also Read | RIL share falls nearly 4% as Q1 earnings miss estimates

The broader
indices were trading in red with the BSE Mid cap index down by 0.19%, while
Small cap index was down by 0.20%. The top gaining sectoral indices on the BSE
were Metal up by 0.86%, Capital Goods up by 0.49%, Utilities up by 0.36%, Power
up by 0.23% and Industrials up by 0.22%, while Energy down by 1.42%, Auto down
by 1.22%, Oil & Gas down by 0.95%, Realty down by 0.73% and Healthcare down
by 0.63% were the top losing indices on BSE.

Also Read| Sensex slips 255 points, Nifty dips by 70 points in early trade

The top gainers
on the Sensex were Tata Steel up by 2.39%, Indusind Bank up by 1.25%, Asian
Paints up by 1.00%, Bharti Airtel up by 0.80% and Larsen & Toubro up by
0.55%. On the flip side, Reliance Industries down by 3.03%, Ultratech Cement
down by 2.89%, Mahindra & Mahindra down by 2.00%, Kotak Mahindra Bank down
by 1.94% and Maruti Suzuki down by 1.43% were the top losers.

Also Read| Week in review: Sensex, Nifty rise on positive global cues

Nifty is now
trading at 16,599.00, down by 120.45 points or 0.72% after trading in a range of
16,564.25 and 16,706.05. On the index, there were 15 stocks that advanced and 35
stocks that declined.

Also Read| Week ahead: US Fed meeting, quarterly results to weigh on Sensex, Nifty

The top gainers
on Nifty were Tata Steel up by 2.40%, Indusind Bank up by 1.33%, Apollo
Hospital Ent. up by 1.19%, Hindalco up by 1.01% and Asian Paints up by 0.83%.
On the flip side, Reliance Industries down by 3.22%, Ultratech Cement down by
2.81%, ONGC down by 2.64%, Grasim Industries down by 2.29% and Mahindra &
Mahindra down by 2.25% were the top losers.