Sensex, Nifty tumble nearly 1% on selling in IT, auto stocks


Equity benchmark indices Sensex and Nifty declined for a third session on Friday (July 11, 2025), declining by about 1%, with a silent start of the earning season, between a silent start of the earning season, dragged from heavy sales in auto and energy stocks.

Analysts said tariff-related uncertainties and mixed global market trends were also added under pressure.

The 30-Sare BSE Sensex arranged 689.81 points or 0.83% at 82,500.47. During the day, it fell 748.03 points or 0.89% to 82,442.25.

2,450 shares declined while 1,557 were advanced and 158 unchanged on BSE.

Similarly, the 50-chair NSE Nifty fell 205.40 points or 0.81% to 25,149.85.

On the weekly front, the BSE benchmark dropped 932.42 points or 1.11%, and the Nifty gave 311.15 points or 1.22%tank.

“While the signs of the weak European market and the negative US Dow Futures, the disappointing start for the earning season by the software head TCS, warned investors about the dull global demand landscape, which led to heavy sales in IT, telecom, auto, realty and oil and gas stocks,” Pacific Tape, Senior VP (Research) said.

From Sensex Firms, Tata Consultancy Services recorded a decline of 3.46% after reporting its June quarter earnings.

The country’s largest IT services company on Thursday (July 10, 2025) helped to jump into non-12,760 crore in June quarter, jumping into non-core income, even a TEPID increase in revenue.

During the quarter, the revenue of the rupee increased by 1.3% to Crore 63,437 crore. Nevertheless, it was more than 3% based on continuous currency, as the company faced headwind in its major markets among a curved people below the BSNL deal, which helped it in recent quarters.

Mahindra and Mahindra, Bharti Airtel, Tata Motors, Titan, HCL Tech, Bajaj Finance, Reliance Industries, Trent, Infosys and other major legs of HDFC Bank Pack were among other major legs.

“The markets traded under pressure on Friday (July 11, 2025) and lost more than half a%, dragged with weak signals. The session began on a negative note, which started on a negative note after disappointing results from its major TCS, which worsened due to benefits in heavyweight shares in other areas. Rligaraa Brooking Ltd, said.

Meanwhile, shares by Hindustan Unilever Limited (HUL) increased by 4.61% after the announcement that Priya Nair would become the first female CEO and MD of the firm from 1 August 2025.

Axis Bank, NTPC, Eternal and State Bank of India were also among the beneficiaries.

“The domestic market experienced a negative closer due to a cool start in the Q1 income season and experienced a ramp-up in danger by the US to put 35% tariffs on Canada. Investors can focus on quarterly income for purchase-change strategy. However, in the near period,, in the near period,, the current premium valuation and the global headwinds such as the current premium valuation and the global headwinds. Does.

“IT indexed due to orders and postponement of new investments, which could affect estimates of FY 26,” Vinod Nair, head of research, Geojit Investments Limited.

The BSE smallcap gauge fell by 0.70%, and the midcap index fell 0.65%.

On BSE regional indicators, Tech tumbled 1.85%, BSE focused on 1.77%, IT (1.65%), auto (1.72%), oil and gas (1.28%), consumer discretionary (1.23%), and telecommunications (1.22%).

In contrast, healthcare and FMCG were beneficial.

In the Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index decreased, while Shanghai’s SSE Composite Index and Hong Kong’s Hang Seng finished higher.

European markets were doing less business in mid -session trade.

The US markets ended in a positive field on Thursday (July 10, 2025).

Global Oil Benchmark Brent crude climbed 0.31% to $ 68.85 per barrel.

According to exchange data, foreign institutional investors (FII) bought an equity of 221.06 crore on Thursday (July 10, 2025).

On Thursday (July 10, 2025), Sensex fell 345.80 points or 0.41% to settled at 83,190.28. On the same lines, the Nifty declined from 120.85 points or 0.47% to 25,355.25.

Published – July 11, 2025 04:24 pm IST


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