India's stock benchmarks flat as Reliance offsets Eternal, banks rally

Eternal

22/07/2025 07:26

** Nifty 50 .NSEI and Sensex .BSESN flat as drop in Reliance RELI.NS offsets post-results rally in Eternal ETEA.NS, gains in HDFC Bank HDBK.NS, ICICI Bank ICBK.NS

** Eleven of 13 major sectors decline; small-caps .NIFSMCP100 and mid-caps .NIFMDCP100 lose 0.2% and 0.4%, respectively

** Zomato-parent ETEA jumps 8.6% on Q1 revenue surge

** HDBK, ICBK up 0.4% and 0.8%, respectively, extending Monday's rise on strong Q1

** RELI down 1.2%, after Monday's 3.2% fall, on concerns over softness in oil-to-chemicals, retail businesses

** Markets seen range-bound in near term, with earnings offering direction as U.S. tariff deadline jitters keep investors on edge, two analysts say

** Exchange operator BSE BSEL.NS, brokers Nuvama Wealth NUVA.NS, Angel One ANGO.NS rise after SEBI lifts trading curbs on Jane Street

 (Reporting by Bharath Rajeswaran in Bengaluru)

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