Nifty 50 Slips Below 24,900; Broad-Based Selloff Hits Financials, Auto, and IT Stocks
By Shishta Dutta | Published at: Jul 25, 2025 01:33 PM IST
Mumbai, July 25, 2025 – Indian equities witnessed a sharp selloff across the board on Friday, with the Nifty 50 dropping below the 24,900 mark and broader indices logging deeper cuts, led by weakness in financials, auto, and IT counters.
As of 12:50 IST, July 24, 2025, the Nifty 50 was down 241.65 points or 0.97% at 24,820.00, while the Nifty Next 50 plunged 978.80 points or 1.44% to 67,228.50.
The slide came amid a risk-off sentiment across sectors, with only select defensive stocks showing resilience.
Key Indices Snapshot (as of 12:50 IST, July 25)
| Index | Last Price | Change | % Change | Advances | Declines |
|---|---|---|---|---|---|
| Nifty 50 | 24,820.00 | -242.10 | -0.97% | 7 | 43 |
| Nifty Next 50 | 67,228.50 | -978.80 | -1.44% | 2 | 48 |
| Nifty Bank | 56,559.85 | -506.20 | -0.89% | 0 | 12 |
| Nifty Fin Service | 26,784.65 | -261.65 | -0.97% | 1 | 19 |
| Nifty Midcap 100 | 58174.95 | -794.20 | -1.35% | 11 | 89 |
| Nifty Smallcap 100 | 18,368.15 | -368.50 | -1.97% | 12 | 88 |
| India VIX | 11.42 | +0.70 | +6.53% | – | – |
Market breadth remained overwhelmingly negative, with 7,137 declines versus just 897 advances across NSE-listed stocks, and 10 remaining unchanged.
Top Gainers on Nifty 50 (as of 12:50 IST, July 25)
Select defensive names from the insurance, healthcare, and telecom sectors offer support:
| Stock | Price (₹) | Change (₹) | % Change |
|---|---|---|---|
| SBI Life Insurance | 1,814.00 | +41.00 | +2.29% |
| Dr. Reddy’s Laboratories | 1,266.00 | +12.20 | +0.96% |
| Apollo Hospitals | 7,365.00 | +62.50 | +0.85% |
| Bharti Airtel | 1,936.10 | +3.90 | +0.20% |
| UltraTech Cement | 12,245.00 | +99.00 | +0.81% |
| Sun Pharma | 1,690.00 | +6.70 | +0.40% |
Major Drags on the Index (as of 12:50 IST, July 25)
High-weighted financials, autos, and tech names led the selloff:
| Stock | Price (₹) | Change (₹) | % Change |
|---|---|---|---|
| Bajaj Finserv | 1,999.00 | -70.50 | -3.47% |
| Bajaj Finance | 906.40 | -41.05 | -4.28% |
| Hero MotoCorp | 4,278.00 | -70.80 | -1.65% |
| Wipro | 261.80 | -4.50 | -1.72% |
| Adani Ports | 1,411.70 | -10.30 | -0.73% |
| Reliance Industries | 1,398.90 | -5.90 | -0.42% |
Among financials, Shriram Finance, Axis Bank, HDFC Bank, and ICICI Bank also traded in the red, dragging the Nifty Bank and Financial Services indices lower.
Technical View and Index Positioning
| Index | 52W High | 52W Low | % from High | % from Low |
|---|---|---|---|---|
| Nifty 50 | 26,277.35 | 21,743.65 | -5.35% | +14.38% |
| Nifty Next 50 | 77,918.00 | 56,192.45 | -13.49% | +19.89% |
Despite Friday’s drop, the Nifty 50 remains up 2.66% YoY and is marginally positive over 30 days. However, the Nifty Next 50 has lost 5.06% YoY, indicating pressure on broader large-cap segments outside of the benchmark.
Turnover and Volume Snapshot (Nifty 50)
- Total Traded Volume: 9.93 crore shares
- Total Traded Value: ₹8,815 crore
- Free Float Market Cap: ₹11.25 lakh crore
The data reflects investor caution and potential profit booking at higher levels.
Market Status
The NSE Capital Market remained open and active. The decline in benchmark indices coincided with a sharp rise in volatility, as India VIX surged 5.75% to 11.34.
Outlook
With weakness persisting across financials, autos, and IT, markets are expected to remain volatile. Defensive sectors such as pharma and select insurers offered relative safety, but broad participation in the decline points to cautious investor sentiment heading into the final week of July.
REF:https://www.nseindia.com/market-data/live-equity-market?symbol=NIFTY 50
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