Indian shares slide as earnings worries weigh; Bajaj Finance top Nifty 50 loser

Bajaj Finance

25/07/2025 07:16

** Indian stock benchmarks Nifty 50 .NSEI and Sensex .BSESN drop around 0.75% on worries over weak corporate earnings, delayed U.S. trade deal

** Fifteen of 16 major sectors decline; small-caps .NIFSMCP100 and mid-caps .NIFMDCP100 fall 1.5% and 1.1%, respectively

** Non-bank lender Bajaj Finance BJFN.NS slides 4.2% despite reporting a quarterly profit beat as brokerages flag asset-quality stress in its MSME book; BJFN is top Nifty 50 loser

** Earnings season has failed to inspire confidence and the delay in sealing a trade deal with the U.S. has only added to market jitters - Santosh Meena, head of research, Swastika Investmart

** Nifty and Sensex on track for a fourth straight weekly loss, longest weekly losing streak in 2025

** Among individual stocks, UTI Asset Management UTIA.NS slumps 5% on lower quarterly profit

** SBI Life SBIL.NS gains 2% on stronger earnings, driven by policy renewals

** Trident TRIE.NS rises 4% after textiles firm reports higher quarterly profit

 (Reporting by Bharath Rajeswaran in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))