Today Stock Market Update :-APNEWSHUB | Financial Desk | 28 July 2025
While global markets remained upbeat, the Indian stock market saw a significant dip on 28 July 2025, raising concerns among investors and analysts. The key benchmark indices — BSE Sensex, Nifty 50, and Nifty Bank — all closed in red, despite global cues remaining stable and largely positive.
📉 Indian Market Performance on 28 July 2025
| Index | Closing Value | Change | % |
|---|---|---|---|
| BSE Sensex | 80,891.02 | -572.07 | -0.70% |
| Nifty 50 | 24,680.90 | -156.10 | -0.63% |
| Nifty Bank | 56,084.90 | -444.00 | -0.79% |
🔺 Top Gainers:
- Shriram Finance (+2.86%)
- Cipla (+2.58%)
- Hero MotoCorp (+1.43%)
🔻 Top Losers:
- Kotak Mahindra Bank (-7.44%)
- Bajaj Finance (-3.64%)
- Wipro (-3.53%)
🏢 Sectoral Update: IT Holds, Real Estate Slides
Despite TCS announcing a massive layoff of 12,000 employees, major IT stocks remained resilient. However, the ripple effect was felt across the real estate sector, which faced notable declines, as investor confidence wavered.
📊 IIP Data Shows Mixed Signals – Today Stock Market Update
The Index of Industrial Production (IIP) data released today indicates a slowdown:
- Overall IIP growth: 1.5% YoY (vs 4.9% YoY)
- Mining: -8.7% YoY
- Electricity: -2.6% YoY
- Primary Goods: -3.0% YoY
- Manufacturing: Slight rebound to 3.9% YoY
🏦 Bank Earnings Snapshot: ICICI, HDFC, Axis & Kotak
Banking heavyweights released their Q1 results, revealing a decline in Net Interest Margins (NIMs):
| Bank | NIM Change | Profit Growth |
|---|---|---|
| ICICI | -7 BPS | +15.5% |
| HDFC | -11 BPS | +12.2% |
| Axis | -17 BPS | -3.8% |
| Kotak | -32 BPS | -47.5% |
The drop in profitability, particularly from Kotak Mahindra Bank, spooked banking and financial services stocks, contributing to today’s negative sentiment.
📢 Tax & Policy: LTCG Hike Rumors Shake D-Street
Today Stock Market Update :-Adding to investor woes, rumors spread about a potential Long-Term Capital Gains (LTCG) tax hike from 12.5% to 18.5%. The Income Tax Department later confirmed that a bill will be tabled in the next Parliament session, intensifying uncertainty.
🌍 Global Markets Stay Resilient
While India struggled, US and European markets closed higher. The trade talks between the US and EU concluded with an effective 15% tariff agreement — a move expected to stabilize transatlantic economic ties.
📌 Expert Takeaway – Today Stock Market Update
“The Indian market’s underperformance today is a mix of policy uncertainty, weak IIP data, and disappointing bank earnings. Despite global optimism, domestic headwinds weighed heavily.” — Market Analyst, APNEWSHUB
📲 Conclusion
Investors are advised to remain cautious in the near term as policy clarity on LTCG tax and upcoming macroeconomic data will play a crucial role. Stay tuned with APNEWSHUB for the most accurate and real-time financial updates.
Tags: Today Stock Market Update 28 July 2025, Sensex, Nifty, BSE, TCS Job Cuts, Bank Earnings, IIP Data, LTCG Tax, Indian Economy, Real Estate Stocks, US-EU Trade
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