Canara Bank and Olectra Greentec See Revision in Stock Evaluations Amid Market Volatility

Jul 24 2025 04:00 PM IST
share
Share Via
The Sensex fell sharply by 595.78 points to close at 82,184.17, mirroring a broader decline in the BSE500 with a significant advance-decline ratio of 169 to 330. The NIFTYIT sector suffered the most, down 2.21%, while NIFTYPSUBANK gained 1.24%. Canara Bank and Olectra Greentec emerged as strong performers amidst the downturn, attracting investor interest. In contrast, Indian Energy Exchange faced notable losses. Analysts are recalibrating stock evaluations as they anticipate upcoming earnings reports from key companies, which may further sway market sentiment.
In today's market, the Sensex experienced a notable decline, closing at 82,184.17, down by 595.78 points. This drop reflects a broader trend across the BSE500, where the advance-decline ratio stood at 169 advances against 330 declines, indicating a challenging environment for investors.

Among the sectors, the NIFTYIT faced the most significant losses, dropping by 2.21%, while the NIFTYPSUBANK sector showed some resilience with a gain of 1.24%. Despite the overall downturn, Canara Bank emerged as a top performer among large caps, gaining traction with a notable increase.

In the small-cap segment, Olectra Greentec stood out with impressive gains, reflecting strong investor interest. Conversely, Indian Energy Exchange faced substantial losses, highlighting the volatility in the market.

As the market navigates these fluctuations, analysts are adjusting their evaluations of various stocks, including Canara Bank and Olectra Greentec, in response to the shifting dynamics. Investors are keenly watching upcoming earnings reports from companies like Poonawalla Finance and Petronet LNG, scheduled for later this month, which could further influence market sentiment.

Mojo Stocks - The Top 1% Picks across Markets

Top 10 Large Cap Mid Cap Small Cap
{{col.header}}
Latest
OPEN CALL
CLOSED CALL
{{s[col.key]}} {{s.change_value}}
{{ s.score.value }} - {{ s.score.call_type }}
{{ s.dot_summary.score }} - {{ s.dot_summary.scoreText }}
{{s[col.key]}} {{col.extra}}

Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News