NIFTY50 reclaims 25K mark, SENSEX up 290 points in midday session; Eternal, ICICI Bank, RIL among buzzing stocks

After opening lower on Friday, July 21, the Indian stock market swung back to gains as banking and metal stocks advanced. Rallying in the heavyweights like HDFC Bank, ICICI Bank, and others added to the optimism.

During the midday session, shares of Eternal were the top contributor, surging 2.84%. ICICI Bank (2.38%), HDFC Bank (1.65%), HDFC Life Insurance (1.2%), and Hindalco Industries (1.11%) were the other top contributors.

Meanwhile, IndusInd Bank (-2.7%), Reliance Industries (-2.62%), Wipro (-2%), Hindustan Unilever (-1.04%), and HCL Technologies (-1.02%) were the biggest laggards on the 50-share index.

Buzzing stocks on July 21: Check list

The food delivery and quick commerce firm, which owns the Zomato and Blinkit brands, reported a consolidated net profit of ₹39 crore for the fourth quarter ended March 31, 2025 (Q4 FY25).

The Deepinder Goyal-led firm's revenue from operations in the January-March quarter was at ₹5,833 crore. In the year-ago period, it stood at ₹3,562 crore, the filing showed.

The company, which rebranded itself as Eternal in March, had posted a net profit of ₹175 crore in the year-ago period.

The country's largest private sector lender, HDFC Bank's shares, were one of the top contributors Monday after the lender reported a net profit of ₹18,155 crore in the first quarter of the current financial year, marking an increase of 12% from ₹16,175 crore in the same period last year.

The bank's net interest income, or the difference between interest earned on loans and expended on deposits, rose 5% to ₹31,438 crore in the June quarter as against ₹29,837 crore in the year-ago period.

Last seen, HDFC Bank shares were trading at ₹1,993 apiece on NSE, rising 1.82%. The stock had rallied 2.2% to hit an intraday high of ₹2,001.9 per share on Monday.

The bank’s core operating profit increased 13.6% YoY to ₹17,505 crore in Q1 2026 from ₹15,412 crore seen in Q1 2025.

Its net interest income (NII) increased by 10.6% year-on-year to ₹21,635 crore from ₹19,553 crore registered in Q1 2025.

Net interest margin (NIM) for the quarter was 4.34% compared to 4.41% in Q4 2025 and 4.36% in Q1 2025.

At the time of writing the piece, ICICI Bank shares were trading at ₹1,459.5 apiece, rising 2.36% on NSE.

Bandhan Bank on July 18 posted a significant fall in its net profit for the first quarter of the current fiscal year (Q1 FY26) at ₹372 crore, down 65% from ₹1,064 crore reported in the year-ago period. On a sequential basis, the bank's net profit was up 17%.

The bank's net interest income (NII) was down 7.7% year-on-year (YoY) at ₹2,757.2 crore during the reporting quarter from ₹2,986.6 crore in Q1 FY25. The net interest margin (NIM) stood at 6.4%.

In the afternoon session, shares of Bandhan Bank were trading at ₹181.8 apiece, declining 2.79% on NSE.

Shares of Reliance Industries (RIL) slipped as much as 2.85% to ₹1,433.9 apiece on the NSE. The oil-to-telecom conglomerate last week reported financial results for the quarter ended June 30, 2025 (Q1 FY26).

The sharp jump in profit came on the back of a strong surge in other income in the first quarter. Reliance Industries' other income in the June quarter jumped 280% to ₹15,119 crore as against ₹3,983 in the year-ago period.

Reliance Industries' revenue from operations rose 5% to ₹2,48,660 crore from ₹2,36,217 crore.

A lot consisted of 26 shares. Investors who received the Anthem Biosciences IPO allotment made ₹18,799.3 per lot.

The initial public offering was subscribed to 63.86 times, as investors placed bids for 28,145,241,28 equity shares as against 44,070,682 shares offered, according to the consolidated data on the NSE.

The company has signed a binding term sheet with Jinnaite Machinery Co. Ltd. (JNT) to establish a joint venture (JV) firm in China, Sona Comstar said in a statement.

Sona Comstar will invest $12 million and have a 60% stake, while JNT will contribute $8 million in assets and business to the joint venture in the first phase, it added.

Shares of the firm were trading at ₹486.65 apiece, gaining 1.44% last seen.