India's equity benchmarks open flat as IT drop offsets trade optimism
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 24 2025
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Source: Reuters
Stock Market Performance: India's stock benchmarks showed little change, with the Nifty 50 falling 0.07% and the BSE Sensex down 0.13%, primarily due to a decline in IT stocks despite optimism over a potential free-trade agreement with Britain.
IT Sector Struggles: The IT index experienced a 1% loss, led by significant drops in companies like Coforge and Persistent Systems, as analysts expressed concerns about ongoing structural challenges in the sector despite reported profit growth.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
