- IndiaStox Insider
- Posts
- Reliance Slips, Retail Gets Cold
Reliance Slips, Retail Gets Cold
TLDR
📈 Market Recap: July 22, 2025
On Tuesday, July 22, 2025, Indian equity markets continued to trade within a narrow range amid mixed global cues and persistent volatility. The BSE Sensex ended little changed, fluctuating in a tight band through the session, while the NSE Nifty 50 marginally outperformed, buoyed by strength in select banking and industrial stocks. Broader indices saw modest gains, with the Nifty Midcap and Smallcap indices rising slightly. Sectoral performance remained divergent: Banking, capital goods, and select auto stocks led the gainers, while IT and FMCG stocks languished. Volatility remained subdued, with the India VIX steady near recent lows as investors awaited fresh triggers from corporate earnings and global central bank meetings.
Key Drivers:
Institutional Buying in Banking & Capital Goods: Banking and capital goods stocks saw institutional buying due to expectations of robust credit growth and upcoming infrastructure projects.
Profit Booking in IT & FMCG: IT and FMCG sectors witnessed mild profit booking amid concerns over slowing demand and global macro uncertainty.
Focus on Q1 FY26 Results: Market participants remained focused on Q1 FY26 corporate results and guidance, with major Nifty companies set to report earnings this week.
Cautious Global Sentiment: Global cues were mixed, with cautious sentiment prevailing ahead of commentary from the US Fed and the European Central Bank.
Today’s Top Stories:
SBI Raises ₹25,000 Cr in India’s Largest QIP: State Bank of India sold 306 mn shares at ₹817, boosting capital for infra‑lending and digital growth; LIC bought ₹5,000 cr despite 1 % stock dip.
Jane Street Reinstated Under SEBI Watch: U.S. quant firm resumed cash‑equity trading after placing $567 mn in escrow; options remain barred while exchanges live‑monitor to restore derivatives liquidity.
Eternal Jumps 15 % as Blinkit Outpaces Food Delivery: Quick‑commerce arm drove 127 % YoY order‑value growth, lifting Eternal to Nifty’s top spot and sparking broker upgrades plus a sympathy rally in Swiggy.
Reliance Hits One‑Month Low on O2C, Retail Weakness: Shares fell to ₹1,412 amid softer oil‑to‑chemicals revenue and decelerating retail sales, keeping India’s largest stock the biggest drag on indices.
Paytm Swings to ₹123 Cr Profit, Shares Rebound: Fintech giant posted its first quarterly profit, with revenue up 28 % on lending and cost cuts, sending the stock higher on renewed turnaround hopes.
TOP STORIES
1. SBI Raises ₹25,000 Cr in India’s Largest QIP
DALL-E
Deal snapshot: Sold 305.9 mn shares at ₹817 (4.5 × oversubscribed); LIC alone put ₹5,000 cr, lifting its stake to 9.49 %.
Strategic use: Proceeds will shore up Basel III buffers and fund infra‑lending plus digital‑banking expansion, says Chair C. S. Setty.
Market lens: Analysts hail the record raise as a confidence vote, though the stock eased 1.1 % on dilution worries.
SBI's ₹25,000 cr QIP was oversubscribed 4.5×; LIC alone infused ₹5,000 cr. Proceeds to boost capital & digital infra. Your view on SBI’s record QIP? |
2. Jane Street Reinstated Under SEBI Watch
DALL-E
Regulatory reset: U.S. quant firm deposited $567 mn in escrow to lift a 19‑day ban; still barred from options while the probe continues.
Monitoring terms: Bourses will live‑track trades under SEBI’s enhanced real‑time surveillance regime.
Market reaction: Shares of BSE and brokerages rose as traders bet on derivatives volume returning.
After a 19-day ban, Jane Street is back (except options); markets cheered potential volume rebound. Your take on Jane Street’s reinstatement? |
3. Eternal Jumps 15 % as Blinkit Outpaces Food Delivery
DALL-E
Earnings pop: Net order value surged 127 % YoY to ₹92.0 bn; stock hit ₹311.25, up 14.6 %.
Growth drivers: Blinkit’s margin gains and market‑share wins led at least ten brokerages to raise targets (median now ₹311).
Ripple effect: Eternal topped Nifty gainers and dragged peer Swiggy up 5 %, cushioning broader indices.
Blinkit’s strong Q1 drove Eternal’s 127% YoY order value rise; 10+ brokerages raised target prices. Your view on Eternal's rally? |
4. Reliance Hits One‑Month Low on O2C, Retail Weakness
DALL-E
Price check: Shares fell another 1.1 % to ₹1,412.80, now 8.9 % below the 9 July record.
Earnings drag: Oil‑to‑chemicals revenue slipped 1.5 % and retail momentum cooled, denting sentiment.
Outlook watch: Brokerages await margin clarity; Reliance remains the heaviest Sensex and Nifty constituent.
RIL fell 1.1%, down nearly 9% from its 9 July high, amid weak O2C and retail metrics. What’s your take on Reliance right now? |
5. Paytm Swings to ₹123 Cr Profit, Shares Rebound
DALL-E
Headline numbers: Q1 net profit ₹123 cr versus a ₹839 cr loss YoY; revenue up 28 % to ₹1,918 cr.
Turnaround levers: Lending growth and cost‑cutting offset the drag from the payments‑bank shutdown.
Investor take: Shares surged as the first quarterly profit revived confidence in Paytm’s path to sustainable earnings.
Paytm posted ₹123 cr profit in Q1 vs ₹839 cr YoY loss; revenue rose 28%, aided by cost control & lending push. Your view on Paytm’s first-ever quarterly profit? |
GYAANI HOT TAKES
Disclaimer:
The IndiaStox Research Hackathon is intended for educational and community engagement purposes only. Submissions do not constitute investment advice, nor should they be construed as recommendations to buy or sell any securities.
By participating in the IndiaStox Research Hackathon and submitting content, you grant IndiaStox a worldwide, royalty-free, perpetual, and irrevocable license to use, reproduce, modify, publish, distribute, and display your submission, whether in whole or in part, across its digital platforms and in promotional materials. This license extends to both commercial and non-commercial purposes, including content seeding, editorial use, and advertising.
By submitting your work, you confirm that it is your original creation and that you have the right to grant the above license.