Indian Stock Market Update: Mixed Sentiment Amid Global Cues – July 28, 2025

Mumbai, July 28, 2025 – Indian equity markets displayed mixed sentiment today, driven by a combination of global cues, corporate earnings concerns, and optimism surrounding potential trade developments, according to market updates and posts on X.

Market Sentiment and Global Cues

Global markets set a mixed tone for Indian equities. US markets closed in the green, with Dow Futures rising 0.36% to 45,064.0, reflecting optimism in global trade developments. However, Asian markets, including India’s Gift Nifty, traded flat to negative, with Gift Nifty down 0.08% at 24,822.5. Japan’s Nikkei, a notable exception, surged 1.85%, providing some positive momentum to regional markets.

In India, the BSE Sensex gained 232 points (0.28%) to close at 82,419, while the Nifty50 rose 57 points (0.23%) to 25,118 in early trade. Despite these gains, the market remained cautious due to weak corporate earnings and persistent foreign fund outflows, which drove Indian indices to a one-month low last week. Posts on X highlighted optimism about India targeting a US trade deal by August 1, which could bolster economic growth and market sentiment in the near term.

Key Market Updates

• F&O Ban Updates: RBL Bank remains under the futures and options (F&O) ban, restricting trading in its derivatives, while the Indian Energy Exchange (IEX) was removed from the ban list, potentially boosting its trading activity.
• IndusInd Bank Q1 Earnings: Investors are closely watching IndusInd Bank’s Q1 results, expected today, with analysts anticipating a sharp decline in net profit due to elevated provisioning, stress in the microfinance sector, and sluggish loan and deposit growth.
• Global Earnings Impact: Globally, 83% of S&P 500 companies have reported earnings beats, fueling a profit-driven rally. This positive trend could provide a psychological boost to Indian markets, despite domestic challenges.
• Liquidity Concerns: A high volume of IPOs hitting Dalal Street in July has raised concerns about a potential liquidity crunch, as significant capital is being absorbed by new offerings, potentially impacting market stability.

Market Outlook

The Indian market’s mixed performance reflects a cautious approach amid global trade optimism and domestic challenges. While positive global cues and potential trade deals provide hope, weak earnings and foreign fund outflows continue to weigh on sentiment. Investors are advised to monitor upcoming Q1 results, particularly from key players like IndusInd Bank, and stay updated on IPO developments to gauge market liquidity trends.

Investor Note: For real-time updates, check financial platforms like Moneycontrol, Economic Times, or the BSE and NSE websites. Stay informed about global market trends and trade deal developments for a comprehensive view of market dynamics.