Weak Q1 results and FII selling drag Indian markets down
Indian equity indices closed lower on 17th July, with the Sensex falling 375 points to ₹82,259 and the Nifty 50 closing at ₹25,111. The IT and banking sectors led losses as Q1 earnings hit sentiment. Tech Mahindra, Infosys and Axis Bank were among the top decliners. Foreign investors pulled out around ₹1,858 crore.