Axis Bank Woes Drag Sensex, Nifty Lower; IT, Metal Sectors Offer Glimmer

Indian equity markets witnessed a second consecutive day of decline on Friday, July 18, 2025, primarily driven by sustained foreign fund outflows and a sell-off in banking stocks. The negative sentiment was heavily influenced by Axis Bank’s underwhelming earnings announcement.

Axis Bank’s disappointing performance led the downward trend, impacting investor confidence across the banking sector. This contributed significantly to the overall market slump.

However, not all sectors mirrored this negative trend. Some IT and metal stocks bucked the downward pressure, showcasing resilience amidst the broader market weakness.

The continued outflow of foreign funds further exacerbated the situation, adding pressure on already weakened investor sentiment. This highlights the vulnerability of Indian markets to global capital flows.

This development underscores the interconnectedness of the Indian economy with global financial markets and the crucial role of banking sector performance in shaping investor confidence. The impact of such market fluctuations on retail investors and the broader economy warrants close monitoring.

Karanveer Sharma

A dedicated journalist and legal expert with a passion for uncovering the truth and advocating for justice. With hands-on experience in investigative journalism, legal research, and case analysis, I possess a strong ability to break down complex legal and societal issues into clear, impactful narratives. My work is driven by a commitment to transparency, integrity, and empowering people with accurate, insightful information.