Stock Market Live: Market back in green; Sensex rebounds 285 pts, Nifty reclaims 25K

ICICI Bank shares rose 2.8% to an intraday high of ₹1,465.90 on the NSE today on the back of strong first quarter results. Net Profit of the private sector lender has surged over 15.5% to ₹127.68 billion.

Sona BLW Precision Forgings Ltd. rose to an intraday high of ₹496.45, up 3.4% from the previous close of ₹479.75. Sona Comstar announced on Sunday that the auto component manufacturer has entered the China EV market, establishing a joint venture to manufacture driveline systems and components in China.

Eternal share prices led the scrip by recording a 2.86% rise from its previous closing to ₹264.85. This increase comes in as investors are seeing promise in Zomato's parent company's quarterly results.

Firstsource Solutions Limited, an RP-Sanjiv Goenka Group company, and a provider of specialist domain-led Business Process Services (BPS), has acquired Pastdue Credit Solutions, a UK-headquartered debt-collection business that serves banks, utility firms, telecoms companies, and government bodies. The acquisition is subject to Financial Conduct Authority (FCA) approval.

At the time of reporting, it was trading at ₹353.55, up by 0.11%, The stock hit its 52-week peak of ₹422.80 on January 7, 2025, and dipped to a 52-week low of ₹226.60 on July 23, 2024. At present, it trades 16.27% below the year’s highest level and 56.22% above the lowest point. Its market capitalisation is ₹24624.7 crores.

ICICI Bank see its share price rise by 2.42% to ₹1462 and HDFC Bank by 2% to ₹2001 during today's intraday trading. This comes in after both the banks reported a strong performance.

ICICI Bank reported a net profit of ₹12,768 crore, marking a 15.5% year-on-year rise as compared to ₹11,059 crore in Q1 of FY26. Its net interest income (NII) jumped by 10.6% year-on-year to ₹ 21,635 crore.

HDFC Bank reported a 12.2% year-on-year rise in its standalone net profit to ₹18,160 crore for the quarter ended June 30, 2025, despite a modest 5.4% increase in net interest income (NII), which came in at ₹31,440 crore.

Shares of Anthem Biosciences, a contract research, development, and manufacturing organisation (CRDMO), made a strong debut on the domestic bourses on Monday, undermining weakness in the broader market. The stock listed at ₹723.05 on the National Stock Exchange (NSE), marking a 26.85% premium over its initial public offering (IPO) price of ₹570 per share. On the BSE, shares debuted at ₹723.10, up 26.86%, taking the company’s market capitalisation to ₹40,610 crore.

Shares of Reliance Industries declined over 2% in opening trade on Monday even after billionaire Mukesh Ambani-owned conglomerate reported record earnings in the June quarter.

RIL reported a 76.5% year-on-year (YoY) growth in its consolidated net profit to ₹30,783 crore for the quarter ended June 2025, while revenue rose 6% to ₹2.73 lakh crore.

While FPIs continue to offload holdings in the secondary market, they maintain steady allocations to the primary market, especially through qualified institutional placements (QIPs).

"FPI selling accelerated during the week ending on 18th July. For July through 18th total FPI equity sell figure stood at Rs 10775 crores.( NSDL). However, during this period, FPIs were buyers in the primary market having invested Rs 5251 crores. It is important to understand that FPIs were consistent investors in the primary market even while selling in the cash market through exchanges,” said VK Vijayakumar, Chief Investment Strategist, Geojit Investments.

“The important take away from this dualistic behaviour of the FPIs is that whenever valuations get stretched in the secondary market, they sell but consistently buy in the primary market (QIP), where valuations are fair. So long as valuations remain elevated this trend will continue. For 2025 up to 19th July total FPI sell figure stood at Rs 110663 crores while buying through the primary market stood at Rs 27239 crores,” he said. 

India’s underperformance relative to other emerging markets and MSCI EM Index also might have contributed to FPI selling through the exchanges, he added.

Anthem Biosciences shares are set to make their debut in the Indian stock market today. The ₹3,395.00-crore Anthem Biosciences IPO, which was entirely an offer-for-sale (OFS) of 5.96 crore equity shares, was subscribed 63.86 times.

The retail portion was booked 5.64 times, while the non-institutional investors (NII) segment was subscribed 42.36 times. The Qualified Institutional Buyers (QIBs) category received an overwhelming response, with the quota reserved for them getting 182.65 times bidding.

Trade-watch: Market participants will be keeping a close eye on the outcome of the U.S.-India trade deal discussions, foreign capital inflows, and individual stock reactions to its corporate earnings.

Q1 results today: Eternal (Zomato), IDBI Bank, UltraTech Cement, PNB Housing Finance, Havells India, CRISIL, Dodla Dairy, Mahindra Logistics, Oberoi Realty, Parag Milk Foods, and many others are scheduled to announce their June-quarter earnings today.

Parliamentary Politics: The Monsoon Session of Parliament begins today amid heightened political tension. The opposition is expected to challenge the Modi government on issues like the cross-border military operation and the ongoing controversy over electoral roll revisions in Bihar.

Asian stocks began the week on a positive note, as investors closely monitored potential tariff-related actions by U.S. President Donald Trump ahead of the looming August 1 deadline. The market participants will also monitor the People’s Bank of China’s upcoming announcement on the 1-year and 5-year loan prime rates for July, as well as recent developments in global trade.

Hong Kong’s Hang Seng surged over 0.5%, China’s Shanghai Composite added 0.45%, while Singapore’s Straits Times rose up to 0.7% in early trade. Indonesia’s Jakarta Composite was the top performer with a 0.8% gain, while South Korea’s Kospi advanced 0.4%.

Among others, Taiwan’s Weighted Index fell 0.45%, while Australia’s ASX 200 was down over 0.9% in the final hour of trade. Japanese markets were closed on the eve of Marine Day public holiday.