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Closing Bell: Sensex Down 689 Pts At 82,500, Nifty Ends At 25,149; TCS, Wipro, Reliance In Red
Both of the major indices, the Nifty 50 and the BSE Sensex, began sharply down on the morning of July 11, 2025, as markets pulled back due to escalating tensions over global trade and underwhelming corporate earnings. The Nifty 50 was down between 0.26% and 0.39% at around 9:15-9:17 AM IST, trading between 25,289 and 25,255. Similarly, the Sensex began between 82,820 and 82,933 with losses of around 0.32% to 0.44%. The IT industry had an enormous drop, especially in Tata Consultancy Services' stock, which dropped after the company's poor Q1 earnings. In the face of inconsistent global mood and increased worries about U.S. tariffs, Asian markets produced a mixed performance. Growing trade tensions in the United States, especially the additional tariffs that President Trump slapped on Canada (35%) had an impact on the overall market sentiment.
Asian stock markets saw varied results on Friday, July 11, 2025: mainland China and Hong Kong saw gains, Japan and India saw a decline, and investor risk appetite was typically restrained by global trade concerns. TCS, which reported a mixed performance in Q1FY26, will be the focus of attention today on the domestic market front. After the Q1 earnings season has already started, investors will also keep a careful eye on key global economic statistics, such as the UK GDP figures on Friday and the US initial jobless data that are coming later today.
Closing Bell: Sensex, Nifty End At Day's Low; TCS, Wipro, Reliance In Red
Closing Bell: Sensex, Nifty End At Day's Low; TCS, Wipro, Reliance In Red
Stock Market Live: Nifty Bank Remains Under Pressure
Stock Market Live: Nifty Bank closed in red as a part of overall negative sentiment prevailing across the stock market. Federal Bank, IDFC First Bank, HDFC Bank, Bank of Baroda, AU Bank, Canara Bank, were among the top laggards in the sectoral index.
Stock Market Live: Top Gainers, Top Losers Of The Day
Stock Market Live:TCS, Mahindra & Mahindra, Hero Motorcorp, Bajaj Auto, Wipro, Apollo Hospital, Tata Motors were among the top Nifty 50 losers. WHereas Hindustan Unilever, SBI Life, Axis Bank, Kotak Bank, Sun Pharma were among the top laggards Nifty 50 during Friday's trading session.
Stock Market Live: Glenmark Shares Surge 15% After Cancer Drug Deal
Stock Market Live: Glenmark Pharmaceuticals Limited shares surged around 15% after the company announced that it has secured its Cancer drug deal. " Ichnos Glenmark Innovation, Inc. (IGI), a global, fully integrated clinical-stage biotechnology company focused on developing multispecificsTM in oncology, today announced its global commercialization strategy for its lead investigational asset, ISB 2001developed using IGI’s proprietary BEAT® protein platform, for oncology and autoimmune diseases. This follows the execution of an exclusive licensing agreement with AbbVie (NYSE: ABBV)," read the company press release issued today.
Stock Market Live: Broad Market Indices In Red
Stock Market Live: Nearly all the broad market indices were trading in red. Nifty 100, Nifty 200, Nifty 500, Nifty 500, Nifty Midcap 50, Nifty Midcap 100, Nifty Smallcap 100 were trading in red.
Zomato Shares In Focus
Zomato and Tata Digital have teamed up to introduce a special cashback program for Tata Neu HDFC Bank Credit Card (NeuCard) holders. As a result of this partnership, NeuCard holders who pay using their NeuCard on Zomato will now receive up to 10% cashback in Zomato Money on food delivery orders over Rs 99 and the cashback can be used on future orders.
Market Live Updates: TCS Shares In Free Fall
Tata Consultancy Services (TCS) nosedived by nearly 3% on Friday after posting disappointing Q1FY26 earnings. Currently, the largest IT stock of India, traded near its intraday low. However, despite weak Q1, the majority of brokerages have recommended buying TCS shares. The next key focus is on TCS's upcoming dividend of Rs 11 per share.
Stock Market Live: Suzlon Energy Stock To See Big Upside?
Healthy order prospects, smoother project execution, and benefit from regulatory tailwinds mandating local content are among the key factors that are likely to boost Suzlon Energy's share price valuation in long-term, according to a Motilal Oswal's report released on Friday, July 11. Suzlon Energy shares were trading in red on Friday. In long-term the stock is likely to see a 24% upside in its valuation, according to the brokerage."We arrive at our TP of INR82 for SUEL by applying a target P/E of 35x to FY27E EPS. This is at a slight premium to its historical average two-year fwd P/E of 27x, given execution and earnings are just picking up for SUEL."
Stock Market Live Updates: Sensex Crashes 670 Pts, Nifty Below 25,250; TCS, Wipro, M&M Top Losers
Stock Market Live Updates: Sensex Crashes 670 Pts, Nifty Below 25,250; TCS, Wipro, M&M Top Losers
Bitcoin sets a new all-time high! | Crypto Pulse from CIFDAQ
“Bitcoin soared past 6,000, setting a new all-time high as bullish momentum returned following recent consolidation. Institutional demand remains a major driver, with U.S. Bitcoin ETFs surpassing billion in net inflows to date. BlackRock alone holds over billion in BTC, while corporate treasuries continue to accumulate. Optimism is also fueled by the Trump administration’s pro-crypto stance pushing for a Strategic Bitcoin Reserve and easing ETF approval norms. Macroeconomic shifts like a weaker dollar, rising treasury demand, and sovereign credit downgrades are further positioning BTC as a hedge. With regulatory clarity improving and Coinbase entering the S&P 500, Bitcoin’s case as a mainstream asset has never looked stronger,” said Mr. Himanshu Maradiya, Founder & Chairman, CIFDAQ.
Indian Stock Market Outlook Today By Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited
A significant trend in market performance in H1 2025 is the outperformance of large caps vs the broader market. While Nifty Smallcap 250 Index and Nifty Midcap 150 Index delivered 0.3% and 4.0 % returns respectively, Nifty 50 delivered 7.9% return. The overvaluation of the broader market is getting corrected. India is underperforming markets like South Korea, Germany, Japan and MSCI EM. This is largely due to the elevated valuations in India. Q1 results of TCS indicate continuing struggle for IT companies, particularly large cap IT. However, midcap IT is likely to do well. Outperformance in Q1 will be from telecom, oil and gas and segments of autos. Investors may focus on fairly valued stocks with earnings visibility.
Market Outlook Today By Mandar Bhojane, Senior Technical & Derivative Analyst - Research at Choice Equity Broking Private Limited
Nifty Index formed a Bearish Engulfing pattern on the daily chart, hinting at a short-term reversal. It is hovering near the 0.382 Fibonacci level and key support at 25,330–25,300. A breakdown below this zone may push it towards 25,100–25,000. On the upside, resistance is placed at 25,500, with a major hurdle near 25,600. The index remains under pressure unless it reclaims these levels. Bank Nifty faced rejection at higher levels, forming a Bearish Engulfing candlestick on the daily chart which is a sign of short-term weakness. This suggests renewed selling pressure after a recent rally. Immediate support lies at 56,700–56,500, with a breakdown possibly taking it to 56,000. On the upside, resistance is at 57,000, with a key hurdle at 57,300–57,500. A breakout above this zone is crucial for bullish momentum to resume. The Foreign institutional investors (FIIs) bought equities worth Rs 221 crore on July 10, while Domestic institutional investors (DIIs) also purchased equities worth Rs 591 crore on the same day. Given the current environment marked by uncertainty and elevated volatility, traders are advised to adopt a cautious “wait and watch” approach, particularly with leveraged positions. Booking partial profits on rallies and employing tight trailing stop-losses is recommended. Fresh long positions can be considered only if Nifty sustains above the 25600 mark. Overall, while sentiment remains cautiously bullish, traders should keep a close eye on key technical levels and evolving global cues.
Nifty Prediction Today By Anand James, Chief Market Strategist, Geojit Investments Limited
With upside attempts having faced pressure through the week, the range expansion that was lying in the waiting, appears to be unfolding on the lower side, having slipped below 25440 yesterday. Our upside hopes now rest on the chances of downsides getting limited to 25220 regions setting up a flag pattern followed by a sharp rise. Else, expect 25025- 24920.
Bank Nifty Derivatives Outlook Today By Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities
Derivative structure points to a cautious market setup. Call writers remain active at higher strikes and are yet to unwind, indicating continued resistance overhead. The 57,000 call strike holds the highest open interest at 12.39 lakh contracts, highlighting a key supply zone. In contrast, put writers are gradually building positions at the 57,000 put strike, where open interest has increased to 21.83 lakh contracts, establishing it as a near-term support. The Put-Call Ratio (PCR) has slipped from 0.93 to 0.86, reflecting increased bearish bias as call writing gains traction. Meanwhile, Max Pain has now shifted to the 57,000 level, suggesting that the market could gravitate around this strike in the near term unless a breakout occurs on either side.
Bank Nifty Outlook By Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities
Technically, the index has established a key resistance zone near the 57,350 level, where it has repeatedly encountered selling interest. It ended the session with a decline of 257.55 points, settling at 56,956—hovering just above its immediate support zone. Until the index decisively closes above this resistance area, the probability of a sustainable bullish reversal remains limited. Currently, the price is oscillating between the 10-day and 20-day exponential moving averages (DEMA), signaling indecision in near-term direction. The index has been stuck within a narrow consolidation band of 500 points (56,800–57,300), and no directional clarity is yet evident. The broader trend remains range-bound, with lack of participation suggesting that institutions are staying on the sidelines. Crucially, the index is trading near a significant inflection point around 56,770. A close below this level may deteriorate the existing structure further, increasing downside risk. On the contrary, a sustained move above the 57,300–57,350 resistance band is required to confirm a reversal of the ongoing weakness. Adding to the bearish undertone, Foreign Portfolio Investors (FPIs) have been consistently building short positions in index futures. Until a visible shift in their stance is observed, the index may continue to witness supply pressure at higher levels.
Nifty Derivatives Highlights By Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities
The derivatives landscape reflects a cautious undertone. Call writers are holding firm at higher strikes, particularly at 25,500, which has amassed the highest open interest at 66.13 lakh contracts, solidifying it as a formidable resistance. Conversely, put writers are showing hesitation in taking aggressive bets near current levels, indicating a lack of confidence in immediate upside potential. Significant open interest buildup at the 25,000 put strike (37.25 lakh contracts) has reinforced it as a key support. The Put-Call Ratio (PCR) remained steady at 0.69, underscoring a bearish tilt due to elevated call writing. Meanwhile, the Max Pain has shifted marginally to 25,400, indicating the level where most options are expected to expire worthless, further anchoring the index in its current range.
Nifty Prediction Today By Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities
The failure to reclaim the swing high suggests that bullish momentum continues to face strong headwinds. Currently, the index is oscillating between its 10-day and 20-day exponential moving averages (DEMA), indicating indecisiveness in trend direction. Price action is tightly confined within a 300-point band of 25,300–25,600, reflecting consolidation amid subdued trading interest. Unless the index breaks out decisively from this range, a lacklustre performance is likely to persist. Structurally, the broader market trend remains sideways, with no strong directional cues. The 25,300 level is now a crucial make-or-break point; a sustained close below this could further weaken the chart structure. On the flip side, the 25,550–25,600 zone continues to attract selling pressure, marking a critical resistance area that needs to be crossed for any sustainable up move. Additionally, Foreign Portfolio Investors (FPIs) are aggressively increasing their short positions in index futures, indicating caution from institutional participants. Until there's evidence of short covering or long buildup by FPIs, upside momentum is expected to remain limited.
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