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Closing Bell: Nifty Ends Below 25,350, Sensex Plunges 345 Pts; JSW Energy, PFC Top Gainers Today
Indian benchmark indices are expected to open on a flat note on Thursday, as suggested by GIFT Nifty trends. As of 7:32 AM, GIFT Nifty futures were trading 13 points higher at 25,571, suggesting a muted or flat opening for the Indian stock markets.
Sensex and Nifty are expected to take cues from a range of key developments on Thursday. Market sentiment may be influenced by factors such as US President Donald Trump's proposed tariff measures, the latest minutes from the Federal Open Market Committee (FOMC) meeting, Q1 earnings from TCS, trends in institutional investments, activity in the primary market, and mixed global signals.
Market Recap
In the previous trading session on Wednesday, the markets ended in negative territory, weighed down by losses in IT and oil & gas sectors. The BSE Sensex shed 176.43 points, or 0.21%, ending at 83,536.08, while the NSE Nifty slipped 46.40 points, or 0.18%, to finish at 25,476.10. Investor sentiment remained cautious amid ongoing uncertainty surrounding U.S. tariff policies and the prospects of a potential U.S.-India trade agreement.
Stock Market Live Updates: Reliance Industries Shares Dip After 24% Rally in 2025 Amid IPO Delays
After surging nearly 24% in 2025 and approaching record highs, shares of Reliance Industries Ltd (RIL) have started to pull back. The decline comes as investor concerns grow over postponed IPO timelines and indications of short-term exhaustion in the stock’s technical momentum.
Stock Market Live Updates: Sensex and Nifty After 2.30 PM
Stock Market Live Updates: Sensex and Nifty After 2.30 PM
Nifty Prediction By Anand James, Chief Market Strategist, Geojit Investments
The week thus far, we had stayed away anticipating vertical moves, due to poor signals from momentum indicators. But yesterday's trades being contained within the previous day's candle, the stage is perhaps set for an expansion in trading range. Meanwhile, a descending broadening wedge breakout appears to be maturing in 15 minute chart, supporting the upside breakout hopes. That said, the 25588-650 region will continue to be challenging, but withy higher chance of giving away, exposing 25730-850 as the initial upside targets, followed by 26200. Downside marker will be at 25440 that seeks to prevent 25300-24920 being exposed.
Market Outlook By Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments
Market is unlikely to break the narrow range in which it has been trading for more than a month now. Resilience of the global markets and sustained fund flows into Indian markets have the potential to support the market at the bottom end of the range. A clear break out of the upper range of Nifty 25500 may happen on positive news of a trade deal between US and India. But this is partly discounted by the market and, therefore, will not be sufficient to sustain the rally well beyond Nifty 25500. With the results season kicking in from today there will be lots of stock-specific action in response to results. Expectations from the IT sector are limited. However, midcap IT is likely to post good results and positive commentary. Banks, despite strong balance sheets and abundant liquidity are struggling with low credit growth. Outperformers in the banking segment will be those who post good credit growth. In autos M&M and Eicher have the potential to outperform.
Nifty Outlook By Mr. Akshay Chinchalkar, Head of Research, Axis Securities
The nifty ended higher yesterday, after a late-session recovery. Technically speaking, the close was above the upper line of a so-called "bullish flag" which portends a target of 26267 -- near the record high -- but the market has to show follow through by closing above yesterday's high of 25548 today and holding flag support at 25331. If it fails to do so, the flag will be invalidated and the upside will be delayed with a test of the 25200 area opening up first. Asian and global cues are mixed, so the catalyst for a trend day is missing.
Nifty Movement Ahead
“Nifty is likely to witness a range bound move during the day. On technical grounds, Nifty has an immediate support at 25400. If Nifty closes below that, further downside can be expected towards 25370-25300 mark. On the flip side 25540-25670 will act as strong resistance levels” as per Nirmal Bang Securities
Top Gainer & Top Loser Today
As of 11:20 am in Thursday's trade On the gainers' side, Maruti Suzuki led with a rise of 0.77% to Rs. 12,564.05, followed by UltraTech Cement which gained 0.74% to Rs. 12,657.55, and Bajaj Finance, up 0.52% at ₹945.30. However, losses in key counters offset some of the gains. Bharti Airtel was the top loser, declining 1.53% to Rs. 1,987.05, while Tech Mahindra dropped 1.27% to Rs. 1,594.65 and Sun Pharma slipped 1.09% to Rs. 1,649.00.
Bharti Airtel Shares Drop 1.6% as Company Launches 'Airtel Money Limited'
Telecom major Bharti Airtel shares are back in the spotlight this morning after the company announced the incorporation of a new wholly owned step-down subsidiary named Airtel Money Limited to strengthen its digital financial services play.
Blue Cloud Softech Signs USD 8.90 Million MOU with LedgerFi IT Solutions
Blue Cloud Softech Solutions Ltd announced the signing of a USD USD 8.90 million Memorandum of Understanding (MOU) with UAE-India based LedgerFi IT Solutions. This collaboration will power the Zanzibar Government’s ambitious eDUA Unified Digital Government Platform (UDGP), marking a significant leap towards a fully digitized, efficient, and secure public sector ecosystem.
Puravankara Announces JDA for 5.5-acre land parcel in East Bengaluru
Puravankara Group has announced the joint development of a 5.5-acre land parcel in East Bengaluru, with a combined estimated gross development value (GDV) of over Rs 1,000 crores. The acquisition aligns with the company’s strategic vision to expand its footprint in key Bengaluru micro-markets with robust infrastructure, excellent connectivity, and sustained residential demand. The land parcel offers a total combined saleable area of 0.83 million square feet. Located in Balagere, East Bengaluru, the site enjoys strong and steady market demand due to its proximity to major IT hubs and well-established social and physical infrastructure. The project is expected to be launched in the next six to nine months.
Stock Market Live Updates: Sensex and Nifty in Red
Sensex and Nifty slip into the red in early trading session.
Stock Market Live Updates: US Dollar As of Now
US Dollar as of now on Thursday.
Stock Market Live Updates: Indian Rupee Opens Firm at 85.61 Against US Dollar on July 10
The Indian rupee opened stronger on Thursday, July 10, starting the day at 85.61 per US dollar, compared to Wednesday’s closing rate of 85.67/$.
Stock Market Live Updates: Bitcoin Hits New All-Time High Driven by Institutional Demand
Bitcoin surged to a fresh all-time high of 1,988.90 late Wednesday, fueled by strong institutional interest and improved risk sentiment. The leading cryptocurrency was last trading 2% higher at 0,922.48.
Stock Market Live Updates: Oil Prices Dip as Trump’s New Tariffs Fuel Demand Concerns
Oil edged lower on Thursday after U.S. President Donald Trump announced expanded tariff measures, raising fears about a slowdown in global economic growth and weakening energy demand. Brent crude futures slipped 22 cents, or 0.31%, to .97 per barrel.
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