Stock Market Current Status: Nifty Reaches 25,123; Sensex Approaches 82,353
The Indian stock market opened with gains on Tuesday, July 22, 2025, as the BSE Sensex increased by over 150 points to hover around 82,352, and the Nifty 50 rose by around 32 points to trade near 25,123.
One of the standout performers of the day was Eternal, the parent company of Zomato and Blinkit, which soared almost 14% in intraday trade. This surge came despite a 90% drop in net profit to Rs 25 crore for Q1 FY26, down from Rs 253 crore in Q1 FY25. The profit decline was primarily due to increased investments in Blinkit's quick commerce business and higher advertising and delivery expenses.
However, the revenue for Eternal surged by 70% year-on-year, reaching Rs 7,167 crore. This strong revenue growth, led by Blinkit's quick commerce segment and food delivery business expansion, boosted investor confidence. As a result, Eternal shares surged 7% immediately after the results were announced and rallied nearly 20% during the week following the earnings release.
The market's overall sentiment towards Eternal remains optimistic, focusing on its expanding business and promising revenue growth after Q1 FY26 earnings. Founder Deepinder Goyal noted that the current margin decline is due to transient issues like festivals, weather, and ramp-up investments, but expressed confidence in long-term margin expansion as growth investments mature.
Other notable movers in the market included Afcons Infra, which surged nearly 4% after announcing new infrastructure orders, and pharma stocks, which fell by about 1% due to missed quarterly earnings expectations. Asian markets traded mixed, with Japan's Nikkei slightly lower due to domestic economic uncertainty.
[1] Source: Business Standard [2] Source: Moneycontrol [3] Source: Livemint [4] Source: Economic Times
Investors demonstrated increased confidence in Eternal's expanding business and revenue growth potential, as reflected in a 7% surge in Eternal shares immediately following the Q1 FY26 earnings announcement. This optimistic market sentiment towards Eternal was not limited to the stock market, as the company's shares rallied nearly 20% during the following week.
Given the strong showing of Eternal in the stock market and the focus on its long-term prospects, sophisticated investors might consider strategic investing in other financial instruments tied to the company's performance, such as stocks, bonds, or exchange-traded funds (ETFs), to further capitalize on Eternal's growing influence in the Indian market.
