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Realty Extends Rally, Sona BLW Soars on BYD Deal Buzz, Hexaware Gains on Strategic Acquisition
Realty Extends Rally, Sona BLW Soars on BYD Deal Buzz, Hexaware Gains on Strategic Acquisition
Written by - Fisdom Research
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July 17, 2025
2 minutes
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Market Snapshot
Benchmark indices ended lower, snapping a two-day winning streak amid broad-based profit booking at higher levels.
The sell-off was led by weakness in IT and banking stocks, triggered by disappointing June quarter earnings.
IT and PSU Bank indices declined between 0.5% and 1%.
On the positive side, metal, consumer durables, and realty sectors gained in the range of 0.5% to 1%.
Overall market sentiment turned cautious as investors booked profits after the recent rally
Sectoral Trends
Sector Name
% Change
Sector Name
% Change
NIFTY REALTY
1.2
NIFTY FMCG
0.3
NIFTY METAL
0.7
NIFTY HEALTHCARE INDEX
0.2
NIFTY CONSUMER DURABLES
0.5
NIFTY AUTO
0.0
NIFTY PHARMA
0.4
NIFTY OIL & GAS
-0.2
Top News
Nifty Realty Index extended its winning streak for the fourth straight session, rising over 1% on July 17, driven by strong Q1FY26 booking numbers and broad-based gains across constituents like Prestige Estates, Sobha, and Brigade Enterprises.
Sona BLW Precision Forgings jumped nearly 7% following reports of ongoing discussions with Chinese EV major BYD for supplying components and potentially setting up a local manufacturing plant in China.
Hexaware Technologies gained 3% after announcing the acquisition of Tech SMC Square India and its GCC arm in a ₹1,029 crore all-cash deal to strengthen its presence in the Global Capability Center space.
Top Gainers and Losers
Top Gainers
% Change
Top Losers
% Change
TATACONSUM
2.0
TECHM
-2.7
TATASTEEL
1.7
INDUSINDBK
-1.9
HINDALCO
0.8
INFY
-1.7
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