Archive · 21 Jul 2026

HDFC Bank Earnings Drag Sensex, Nifty Down

HDFC Bank Earnings Drag Sensex, Nifty Down

The Indian stock market, represented by Sensex and Nifty, went down for the second day in a row.

This happened because HDFC Bank didn't do as well as expected in its latest earnings report, and there are worries about the situation between the US and Iran, which is making oil prices go up.

Also, foreign investors are selling off their shares, which is making the market even more nervous.

The Sensex dropped by 238.41 points, and the Nifty went down by 50.80 points.

Some of the biggest companies that did poorly include HDFC Bank, Reliance Industries, and State Bank of India, while a few like Bajaj Finserv and InterGlobe Aviation did better.

Sources