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Share Market close highlights: IT, auto stocks drag Sensex 690 pts; Nifty at 25,150; SMIDs down 1%

shree1news by shree1news
July 11, 2025
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Share Market Close: Sensex sheds 172 pts; Nifty settles at 24,219; Nifty PSU Bank tumbles 1%
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Stock Market close highlights, Friday, July 11, 2025: Following a week of range-bound trading, Indian equity benchmark indices fell on Friday, dragged down by selling in IT companies following Tata Consultancy Services’ weaker-than-expected Q1 earnings. Furthermore, rising global trade tensions as a result of President Donald Trump’s imposition of new trade penalties on Canada dampened optimism.

The BSE Sensex declined 689.81 points, or 0.83 percent, to close at 82,500.47, while the Nifty50 dropped 205.4 points, or 0.81 percent, to 25,149.85.

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In the broader market, the Nifty MidCap and Nifty Smallcap lost 0.88% and 1.02%, respectively.

On the sectoral front, Nifty IT and Nifty Auto emerged as top laggards down by nearly 1.8 per cent each. IT stocks remained under pressure after lower than expected TCS Q1FY25 earnings. Among others, Nifty Realty, Oil & Gas, Media, Energy, Bank, Metal and Consumer Durables also settled in red.

 On the other hand, Nifty FMCG and Pharma closed higher.

 Among the Sensex constituents, 23 out of 30 stocks settled in red. TCS, Mahindra & Mahindra, Tata Motors, Bharti Airtel, HCL Tech and Titan were the top laggards, falling up to 3.5 per cent. Hindustan Unilever, Axis Bank, Sun Pharma, NTPC, and Eternal were the top gainers.

Meanwhile, the India VIX, which measures market volatility, finished up 1.24 percent at 11.81 points.

 

 

Source: BS

Tags: BSE SensexNSE Niftyshare marketStock Market

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