Research
Periodic Report
Axis Bank Drags, Clean Science Drops on Q1 Miss; Wipro Gains on Strong Deal Execution
Axis Bank Drags, Clean Science Drops on Q1 Miss; Wipro Gains on Strong Deal Execution
Written by - Fisdom Research
Array
July 18, 2025
2 minutes
Array
Market Snapshot
Indian equity indices extended their decline for the second straight session on July 18, with the Nifty slipping below the 25,000 mark to hit a one-month low.
Broad-based selling pressure weighed on the markets, with losses seen across most sectors.
Sectoral indices for pharma, private banks, PSU banks, FMCG, capital goods, consumer durables, and telecom fell between 0.5% and 1%.
Only the metal and media sectors managed to close in the green, offering limited support in an otherwise weak session
Sectoral Trends
Sector Name
% Change
Sector Name
% Change
NIFTY MEDIA
1.0
NIFTY OIL & GAS
-0.4
NIFTY METAL
0.4
NIFTY PHARMA
-0.4
NIFTY IT
0.0
NIFTY AUTO
-0.5
NIFTY REALTY
-0.1
NIFTY FMCG
-0.6
Top News
Clean Science and Technology fell 8% after Q1 results showed modest revenue and profit growth but margin contraction, compounded by concerns over a potential promoter stake sale.
Axis Bank declined over 5% as weak Q1 results, rising slippages, and margin pressure led to broker downgrades and a sharp drop in its GDRs.
Wipro rose 3% on better-than-expected Q1 performance driven by large deal execution, though brokerages remain cautious amid expectations of a stronger H2 recovery.
Top Gainers and Losers
Top Gainers
% Change
Top Losers
% Change
WIPRO
2.2
AXISBANK
-5.3
BAJFINANCE
2.0
SHRIRAMFIN
-3.1
TATASTEEL
1.6
BEL
-2.4
Trade Ideas Update
Our trade ideas success rate has 88% over the past month, even with increased volatility in the benchmark index. Follow Trade Ideas for timely stock insights.
