Market Summary
	Indian equities were volatile and ended lower as the Sensex slipped 375 points and Nifty closed below 25,120, tracking weak global cues and sectoral churn. Mixed earnings, green energy approvals, and regulatory headlines kept the market mood cautious. Select realty and energy stocks outperformed while IT, Banks, and midcaps faced selling pressure.
	 
	Global Market Futures (as of July 17, 2025, 05:45 PM IST)
	US Market (Futures)
	      Nasdaq: +0.06%
	      Dow Jones: -0.18%
	      S&P 500: -0.04%
	European (Live Market)
	      Ftse 100: +0.36%
	      Cac 40: +0.96%
	      Dax: +0.59%
	      Euro Stoxx 50: +0.96%
	Asian (Closing as on July 17, 2025)
	      Nikkei 225: +0.60%
	      ASX 200: +0.90%
	      Straits Times: +0.71%
	      Hang Seng: -0.08%
	      KOSPI: -0.19%
	      Taiwan weighted: +0.31%
	      Shanghai (SSE): +0.37%
	Gift Nifty: 25100.50 (-0.19%)
	 
	Key Corporate Updates
	Positive
	- 
		Sterling And Wilson Renewable Energy posted a robust June quarter, with ₹17.62 billion revenue and ₹319.7 million profit. Strong order inflows and a healthy domestic/international pipeline underpin bullish outlook.
- 
		Ramco Cements advances its debt reduction strategy, nearing the ₹5 billion milestone in non-core asset disposals and significant net debt reduction in FY25.
- 
		Heritage Foods reports strong Q1, revenue at ₹11.37 billion and net profit up to ₹405.7 million, led by core dairy strength.
- 
		HDFC AMC delivered a stellar Q1, net profit at ₹748 crore (+24% YoY), with revenue rising 25%. QAAUM market share at 11.5%.
- 
		South Indian Bank posted a 10% YoY Q1 profit rise to ₹322 crore, asset quality improved, net NPA fell to 0.68%.
- 
		Waaree Renewable Technologies reported strong Q1 and acquired a strategic stake in Smart Joules.
- 
		Kilburn Engineering secured ₹361.1 million in fresh orders, boosting momentum.
- 
		Kalpataru Projects wins ₹22.93 billion order, strengthening its infra pipeline.
- 
		Krishana Phoschem Q1 revenue at ₹3.96 billion, with profit surge on the chemical segment.
- 
		Numaligarh Refinery to commission 120,000 bpd crude unit by December, aiming for full ramp-up by Q2 FY27.
- 
		HUDCO clears a ₹30 billion NCD plan for urban infra financing.
- 
		Vinati Organics invests ₹338.4 million in Veeral Organics Rights Issue, deepening specialty chemicals synergies.
- 
		Desco Infratech bags ₹2.37 crore order from KP Group for power & transmission.
	Innovation Push: 
	- 
		Newgen Software delivers strong Q1, with ₹3.21B revenue.
- 
		Jio BlackRock’s mutual fund debut sees ₹17,800 crore in first flows.
	Negative
	- 
		Moody’s affirms Adani Green’s Ba1 and Adani Ports’ Baa3 ratings but keeps their outlooks negative due to ongoing governance and legal challenges, reflecting funding risks and capital cost warnings.
- 
		JK Tyre faces GST credit reversal challenge.
- 
		LMW reports Q1 earnings dip amid demand softness and cost pressures.
- 
		Mangalam Organics battles a plant fire in Khopoli; assessment ongoing.
- 
		Vedant Fashions pays ₹50,000 compounding fee for a legal metrology violation; no financial impact.
	SEBI highlights options-cash market imbalance, calls for reform.
	 
	Neutral
	- 
		Tembo Global Industries appoints Fatema S. Kachwala as CFO.
- 
		J&K Bank appoints Ketan Kumar Joshi as CFO.
- 
		Escorts Kubota: Seiji Fukuoka steps down; succession in focus.
- 
		MTNL confirms bond interest secured via escrow.
- 
		Airtel partners with Perplexity to offer premium AI services.
- 
		Hexaware acquires SMC Squared (₹1,029 crore deal) to expand global footprint.
- 
		Patanjali Foods proposes a 2:1 bonus issue.
- 
		Mahindra Logistics sets ₹277 rights issue price, targets ₹750 crore.
	New Listings (Mainboard/SME/NSE/BSE)
	Bella Casa Fashion & Retail Limited (already listed on BSE) set to list on NSE Mainboard on July 18, 2025
	 
	Stocks Trading Ex-Dividend on July 18, 2025
	Aegis Logistics Ltd, Afcons Infrastructure Ltd, ASK Automotive Ltd, AstraZeneca Pharma India Ltd, Bajaj Electricals Ltd, Bharti Airtel Ltd, Blue Star Ltd, Birlasoft Ltd, Citadel Realty and Developers Ltd, Cummins India Ltd, Dabur India Ltd, Dhanuka Agritech Ltd, Dollar Industries Ltd, Elgi Equipment Ltd, Exide Industries Ltd, GIC Housing Finance Ltd, Goodyear India Ltd, GRP Ltd, Happiest Minds Ltd, HCL Technologies Ltd, Hitech Corporation Ltd, India Motor Parts & Accessories Ltd, Indian Hume Pipe Company Ltd, Intellect Design Arena Ltd, Jubilant Foodworks Ltd, Kotak Mahindra Bank Ltd, Laxmi Organic Industries Ltd, Magadh Sugar & Energy Ltd, Mahindra Lifespaces Developers Ltd, CE Info Systems Ltd, Mangalam Global Enterprise Ltd, Neuland Laboratories Ltd, Newgen Software Technologies Ltd, Orient Electric Ltd, Pic Transmission Ltd, PlatinumOne Business Services Ltd, Prudent Corporate Advisory Services Ltd, Punjab Chemical and Crop Protection Ltd, Safari Industries India Ltd, Shanthi Gears Ltd, Sundaram Brake Linings Ltd, Select Energy Systems Ltd, Symphony Ltd, TTK Healthcare Ltd, Walchand Peoplefirst Ltd, Welspun Corp Ltd, Xpro India Ltd, 
	 
	Stocks Trading Ex-Bonus on July 18, 2025
	Bright Outdoor Media Ltd (1:2), IFGL Refractories Ltd (1:1), Samvardhana Motherson International Ltd (1:2), Motherson Sumit Wiring Ltd (1:2)
	Stocks Trading Ex-Rights on July 18, 2025
	Valiant Laboratories Ltd, Zodiac Ventures Ltd
	 
	Stocks Trading Ex-Buy Back on July 18, 2025
	Tracxn Technologies Ltd
	 
	Stocks Trading Ex-Spin-Off on July 18, 2025
	Valor Estate Ltd.
	 
	Stocks Trading Ex-Split on July 18, 2025
	Indo Thai Securities Ltd (From Rs.10 to Re.1)
	 
	Stocks Under F&O Ban on July 17, 2025
	Angel One, Hindustan Copper