Archive · 23 Jul 2026
Indian Stock Market Update: Key Movers and Shakers
The Indian stock market had a mixed day on Wednesday, with the BSE Sensex and Nifty50 both falling due to rising US-Iran tensions and a weaker rupee.
Several companies reported their quarterly results.
Dr Reddy's Laboratories had a bad quarter with a big drop in profit and revenue.
IndusInd Bank did well, with a big increase in profit.
Hindustan Petroleum Corporation had a big loss, but their revenue went up.
Oracle Financial Services Software, NTPC Green Energy, and IIFL Finance all had good quarters with big increases in profit and revenue.
These results show that some companies are doing well, while others are struggling.
The BSE Sensex fell 715.06 points, or 0.92%, to close at 76,755.05.
The NSE Nifty50 fell 191.45 points, or 0.79%, to close at 23,996.25.
Dr Reddy's Laboratories reported a 69% YoY fall in net profit to Rs 443.5 crore.
IndusInd Bank reported a 46.5% YoY jump in net profit to Rs 1,002.5 crore.
Hindustan Petroleum Corporation reported a consolidated loss of Rs 11,526.4 crore for the June 2026 quarter.
- Who
- Indian equity benchmark indices, various companies including Dr Reddy's Laboratories, IndusInd Bank, Hindustan Petroleum Corporation, Oracle Financial Services Software, NTPC Green Energy, and IIFL Finance
- What
- Quarterly financial results and market performance
- When
- June 2026 quarter, with market data from July 23, 2026
- Where
- India
- Why
- To provide an update on the financial performance of key companies and the overall market sentiment
Positive Performers
Negative Performers
Profit Growth
Positive Performers
Companies like IndusInd Bank, Oracle Financial Services Software, and IIFL Finance reported significant profit growth.
Negative Performers
Dr Reddy's Laboratories and Hindustan Petroleum Corporation reported significant profit declines.
Revenue Growth
Positive Performers
Companies like NTPC Green Energy and Oracle Financial Services Software reported significant revenue growth.
Negative Performers
Dr Reddy's Laboratories and Hindustan Petroleum Corporation reported revenue declines.
- BSE Sensex
- 76,755.05
- NSE Nifty50
- 23,996.25
- Dr Reddy's Laboratories Net Profit
- Rs 443.5 crore (69% YoY fall)
- IndusInd Bank Net Profit
- Rs 1,002.5 crore (46.5% YoY jump)
- Hindustan Petroleum Corporation Loss
- Rs 11,526.4 crore (from a profit of Rs 4,370.9 crore YoY)
- Oracle Financial Services Software Net Profit
- Rs 1,415.5 crore (120.5% YoY surge)
- NTPC Green Energy Net Profit
- Rs 304.8 crore (38.3% YoY increase)
- IIFL Finance Net Profit
- Rs 675.1 crore (189.3% YoY surge)