On Thursday, July 10, Indian benchmark indices ended the trading session in the red, extending losses for the second straight session. Market Participants remained cautious ahead of a potential trade deal with the U.S. and the start of the June-quarter earnings.
At the closing bell, the Nifty 50 ended down by 120.85 points or 0.47%, at 25,355.25. The Sensex slipped by 345.80 points or 0.41% to 83,190.28. The Nifty IT index declined by 0.79%, with all 10 of its constituent stocks trading in the red; TCS closed slightly down by 0.05%, ahead of its earnings announcement.
Markets remain in a wait-and-watch mode as investors eye upcoming earnings announcements and developments around a possible U.S. trade agreement.
On the sectoral front, 2 out of 11 key sectors ended in positive territory. Meanwhile, broader indices like Smallcaps and Midcaps ended in red.
Among individual stocks,
The Nifty Realty index surged by 0.72% on Wednesday. Prestige Estate emerges as the top gainer among the Realty stocks. While the Nifty PSU Bank Index fell by 0.8%.
The key drivers of the index gains were:
On the other hand, these stocks weighed on the index:
Notably, Bharti Airtel’s share price declined by 2.73% on Thursday, marking its steepest single-day fall in nearly two months.
The broader market indices ended on a negative note, the Mid-cap 100 index inched down by 0.3% and the Small-cap 100 index fell 0.27%.
As of July 1, 2025, the Indian stock market witnessed negative market breadth. Out of 2,998 stocks traded on the NSE, 1,392 advanced, 1,524 declined, and 82 remained unchanged.
A total of 68 stocks touched their 52-week highs, while 28 hit their 52-week lows. Additionally, 101 stocks were locked in their upper circuits, whereas 34 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.