Archive · 20 Jul 2026

Indian Stock Market Sees Mixed Reactions

Indian Stock Market Sees Mixed Reactions

On July 20, 2026, the Indian stock market saw mixed reactions.

HDFC Bank and Axis Bank shares fell due to concerns over their operating performance and margin trends, despite reporting profit growth.

Reliance Industries shares rose slightly after announcing its Q1 results, which showed a decline in net profit compared to the previous year but an increase sequentially.

Defence stocks like Hindustan Aeronautics, Bharat Electronics, and Bharat Dynamics fell due to escalation in the US-Iran war.

Punjab National Bank shares gained over 5% due to improved earnings and asset quality.

Tata Technologies shares declined despite healthy year-on-year growth.

VA Tech Wabag shares climbed after securing a large domestic order.

Pharma stocks surged up to 20%, led by strong buying momentum, despite a weak sentiment in the broader market due to geopolitical tensions.

Sources