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EQUITY
Post Session: Quick Review
Jul-10-2025

Indian equity benchmarks closed lower on Thursday, weighed down by selling pressure in IT and TECK stocks. Traders remained cautious due to ongoing trade negotiations between the US and India, as well as the commencement of the Q1 FY26 earnings season. After making a slightly positive start, soon indices turned downward and stayed lower throughout the day, as traders were cautious with a private report stating that US President Donald Trump’s threat to impose new tariffs on India over its participation in the BRICS forum puts New Delhi.

Some of the important factors in today’s trade:

FTAs with Australia, UAE, UK to provide greater market access for domestic agri sector: Traders paid nod head towards Commerce and Industry Minister Piyush Goyal’s statement that free trade agreements (FTAs) with developed markets such as Australia, UAE and UK will provide greater market access for the domestic agri sector.

PM Modi holds talks with Namibia President Nandi-Ndaitwah: Traders took note of report that Prime Minister Narendra Modi held talks with Namibian President Netumbo Nandi-Ndaitwah focused on imparting a new momentum to the bilateral ties.

India witnessing rapid surge in foreign investments: Traders overlooked Secretary of Ministry of Ports, Shipping and Waterways, Government of India T.K. Ramachandran’s statement that India has become the fourth-largest economy, having surpassed $4 trillion and is witnessing a rapid surge in foreign investments. 

Global front: European markets were trading in green as optimism prevailed about a potential trade deal between the U.S. and the European Union. Asian markets ended mostly in green as the Bank of Korea left its interest rate unchanged, citing risks associated with rising household debt and escalating trade tensions.  

The BSE Sensex ended at 83190.28, down by 345.80 points or 0.41% after trading in a range of 83134.97 and 83742.28. There were 8 stocks advancing against 22 stocks declining on the index. (Provisional)

The broader indices ended mixed; the BSE Mid cap index was down by 0.28%, while Small cap index up by 0.12%. (Provisional)

The few gaining sectoral indices on the BSE were Realty up by 0.69%, Metal up by 0.40%, Oil & Gas up by 0.05% and Utilities up by 0.03%, while TECK down by 1.17%, Telecom down by 1.11%, IT down by 0.71%, Healthcare down by 0.50% and FMCG down by 0.47% were the top losing indices on BSE. (Provisional)

The top gainers on the Sensex were Maruti Suzuki up by 1.36%, Tata Steel up by 1.01%, Bajaj Finance up by 0.69%, Bajaj Finserv up by 0.66% and Tata Motors up by 0.41%. On the flip side, Bharti Airtel down by 2.63%, Asian Paints down by 2.03%, Bharat Electronics down by 1.05%, Tech Mahindra down by 0.94% and Infosys down by 0.82% were the top losers. (Provisional)

Meanwhile, the Union Power Minister Manohar Lal has said that the share of renewable energy in India's total installed power capacity has reached nearly half and by the end of the year, the country is expected to meet the 50 per cent target. He said India has set the target to achieve 50 per cent of its total power generation capacity from non-fossil fuel sources by 2030.

The minister said the government is aware that solar and wind capacities will be needed to meet the country's growing power demand and several achievements have been made in this area. He further said energy storage systems will be needed to stabilise the grid, optimise power generation and ensure round-the-clock supply of clean energy. 

According to official data, India's total installed power generation capacity was at 475.590 GW as of May 31, 2025. Of the total, 235.53 GW is from non-fossil fuel sources, including wind, solar and nuclear. As part of the updated enhanced Nationally Determined Contributions (NDCs) submitted to the UNFCCC (United Nations Framework Convention on Climate Change) in August 2022, India has committed to reducing its emissions intensity by 45 per cent by 2030 (compared to 2005 levels), achieving 50 per cent of cumulative electric power capacity from non-fossil fuel sources by 2030.  

The CNX Nifty ended at 25355.25, down by 120.85 points or 0.47% after trading in a range of 25340.45 and 25524.05. There were 10 stocks advancing against 40 stocks declining on the index. (Provisional)

The top gainers on Nifty were Indusind Bank up by 1.56%, Maruti Suzuki up by 1.44%, Tata Steel up by 1.03%, Bajaj Finance up by 0.75% and Bajaj Finserv up by 0.64%. On the flip side, Bharti Airtel down by 2.73%, HDFC Life Insurance down by 1.91%, Asian Paints down by 1.91%, Apollo Hospital down by 1.58% and Shriram Finance down by 1.37% were the top losers. (Provisional)

European markets were trading higher; UK’s FTSE 100 increased 97.7 points or 1.1% to 8,964.72, France’s CAC rose 54.95 points or 0.7% to 7,933.41 and Germany’s DAX gained 43.59 points or 0.18% to 24,593.15.

Asian markets ended mostly higher on Thursday, with the risk appetite amidst easing trade tensions and optimism surrounding potential interest rate cuts by Federal Reserve actions. Rally in technological sector stocks led gains in the indices. KOSPI index finished near four-year high, marking fourth straight sessional gain driven by optimism over domestic policy reforms and strong gains in semiconductor stocks.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,509.68

16.63

0.47

Hang Seng

24,028.37

136.05

0.57

Jakarta Composite

7,005.37

61.45

0.88

KLSE Composite

1,536.52

7.28

0.48

Nikkei 225

39,646.36

-174.92

-0.44

Straits Times

4,075.70

17.88

0.44

KOSPI Composite

3,183.23

49.49

1.55

Taiwan Weighted

22,693.25

166.24

0.73

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