Saturday, July 19, 2025

Business

Domestic markets continue protracted correction this week amid Q1 earnings

IANS | July 19, 2025 11:04 AM

NEW DELHI: Domestic equity markets continued their protracted correction for the third consecutive week and ended below the psychological level of 25, 000, weighed down by the broadly tepid start of Q1FY26 earnings, particularly from the IT and financial sectors, analysts said on Saturday.

The IT sector remained under strain due to muted performance and cautious outlooks amid global demand uncertainty, while financials are also expected to report subdued results due to expected NIM contraction and asset quality concerns.

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