On Wednesday (July 9, 2025), the stock markets shut down and sold in IT and Oil and Gas shares, investors became alert before the introduction of income season and mixed global trends.
Late selling was dragged, 30-share BSE Sensx fell 176.43 points or 0.21% to 83,536.08. During the day, it lost 330.23 points or from 0.39% to 83,382.28.
The 50-Sare NSE Nifty declined by 46.40 points or 0.18%, which ended at 25,476.10.
From Sensex firms, HCL Tech, Tata Steel, Tate Mahindra, Reliance Industries, Bharat Electronics and ICICI Bank Laggards were from.
Bajaj Finance, Hindustan Unilever, UltraTech Cement and Power Grid were among the beneficiaries.
“The Indian major index was largely range-bounds, while domestic consumption topics anchored the interests of the investor. Despite the global trade stress and commodity tariff, the attention of the investor is increasing rapidly towards domestic earnings and structural development drivers, including a potential sequential recovery and infrastructure-layer expenses in urban demand.
The US has extended the suspension of its April 2 mutual tariffs till 1 August.
Mining veteran Vedanta’s shares fell by 3.38% on BSE to end at 440.80, when American small seller Viceroy Research released a report that a report to charge billionaire Anil Aggarwal’s mining group to be “economically uncontrolled” and present a serious risk to the creditors.
Viceroy said that the Vedanta was shortening the debt pile of the resources, the original company and the owner of the majority of the Mumbai-list Vedanta Limited, as it had released an 85-page report.
Responding to the report, Vedanta said in a statement, “There is a malicious combination of selective misinformation and baseless allegations to discredit the report group”.
“The markets were traded in a unstable, but in a narrow border and extending the ongoing consolidation phase, decreasing in a narrow manner. While tariff enhances concerns, meditation now turns into earnings, with it, the major, TCS, Thursday (July 10, 2025) is determined to declare its results.
The BSE smallcap gauge rose 0.45% while the midcap index drowned 0.05%.
Between the BSE regional indices, oil and gas declined by 1.41%. Metal (1.41%), realty (1.40%), BSE concentrated it (0.80%), tech (0.71%) and IT (0.67%).
FMCG, auto, consumer durables, services, consumer discretionary and financial services were beneficial.
“The Indian Equity Benchmark decreased on Wednesday (July 9, 2025), as caution was taken between the India-US trade deal and Q1 income-season kick-off,” said Gaurav Garg, Lemon Markets Desk.
In the Asian markets, South Korea’s Kospi and Japan’s Nikkei 225 index settled at a high level, while Shanghai’s SSE Composite Index and Hong Kong’s hanging were reduced.
European markets were doing more business.
The US markets ended on a flat note on Tuesday (July 8, 2025).
Global Oil Benchmark Brent crude climbed 0.51% to $ 70.51 per barrel.
According to exchange data, foreign institutional investors (FII) on Tuesday (July 8, 2025) removed the price of ₹ 26.12 crore. Domestic institutional investors (DII), however, bought shares worth 1,366.82 crores.
On Tuesday (July 8, 2025), Sensex rose 270.01 points or 0.32% to 83,712.51. The Nifty climbed 61.20 points or 0.24% to close at 25,522.50.
Published – July 09, 2025 05:00 PM IST