HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Markets continue to trade lower in late afternoon session
Jul-11-2025

Indian equity benchmarks continued to trade lower in late afternoon session, weighed down by selling pressure in heavy weights like Reliance Industries, HDFC bank, TCS. Traders took a risk averse approach and awaits for more clues on anticipated trade deal between India and U.S. On the sectoral front, the technology stocks showed significant weakness, with BSE TECK index plunging 1.91%, amid heavy selling in Bharti Airtel, TCS and Infosys.

On the global front, Asian equity markets were trading mostly in green on Beijing's stimulus pledge ahead of a highly anticipated Politburo meeting. European equity markets were trading lower after U.S. President Donald Trump announced a 35 percent tariff on Canadian goods, effective August 1, 2025, and warned of a blanket tariff of 15-20 percent on most trading partners that haven't got letters yet.

The BSE Sensex is currently trading at 82533.13, down by 657.15 points or 0.79% after trading in a range of 82451.50 and 83040.74. There were 6 stocks advancing against 24 stocks declining on the index.

The broader indices were trading in red; the BSE Mid cap index slumped 0.53%, while Small cap index was down by 0.65%.

The only gaining sectoral indices on the BSE were FMCG up by 0.57% and Healthcare up by 0.33%, while TECK down by 1.91%, IT down by 1.70%, Auto down by 1.43%, Oil & Gas down by 1.31% and Energy down by 1.26% were the losing indices on BSE.

The top gainers on the Sensex were Hindustan Unilever up by 4.77%, Sun Pharma Industries up by 0.77%, Axis Bank up by 0.64%, Eternal up by 0.63% and NTPC up by 0.35%. On the flip side, TCS down by 3.42%, Bharti Airtel down by 2.46%, Mahindra & Mahindra down by 2.17%, HCL Technologies down by 1.70% and Reliance Industries down by 1.60% were the top losers.

Meanwhile, Special Secretary in the Department of Commerce Rajesh Agrawal has said that India needs to strengthen its shipping ecosystem to reduce vulnerability in times of global crises and promote the country's trade. He said ‘Indian flag vessels are very limited in number, and this leads to around $50 billion of trade deficit that we do have in the services sector solely due to maritime logistics.’

Calling the situation ‘unsustainable’ as it also makes India ‘vulnerable’, he said countries which have strong control over logistics systems fare better during global disruptions. He said ‘we need to focus on how we have a minimum degree of control over the global logistics ecosystem, which is also necessary to support our international trade as we move towards the 2047 Viksit Bharat goal.’

Agrawal further said the country has limited control over shipping and air cargo spaces. Citing an example, he said during Covid times, shipping cost went up multiple times and it impacted India's exports. He said ‘whenever there is an international crisis or there is a Red sea crisis, the first thing that suffer is a logistics cost...it goes up for our exporters, and whenever the world logistics suffers a constraint, the countries which have better control over logistics tend to gain more than the countries which have not much control over logistics.’ In another example, he said if a container from India has to reach Africa, and for that, if it has to transit through Singapore or Dubai, it would lead to delays and add to the cost for exporters. 

The CNX Nifty is currently trading at 25161.15, down by 194.10 points or 0.77% after trading in a range of 25136.75 and 25322.45. There were 12 stocks advancing against 38 stocks declining on the index.

The top gainers on Nifty were Hindustan Unilever up by 4.84%, SBI Life Insurance Company up by 1.37%, Sun Pharma Industries up by 0.76%, Axis Bank up by 0.73% and Kotak Mahindra Bank up by 0.70%. On the flip side, TCS down by 3.40%, Bajaj Auto down by 2.47%, Apollo Hospitals Enterprise down by 2.36%, Bharti Airtel down by 2.34% and Wipro down by 2.30% were the top losers.

Asian markets are trading mostly in green; Hang Seng advanced 111.2 points or 0.46% to 24,139.57, Jakarta Composite gained 37.79 points or 0.54% to 7,043.16, Taiwan Weighted added 57.78 points or 0.25% to 22,751.03, Straits Times rose 9.42 points or 0.23% to 4,085.12 and Shanghai Composite strengthened 0.5 points or 0.01% to 3,510.18, while KOSPI dropped 7.46 points or 0.23% to 3,175.77 and Nikkei 225 slipped 76.68 points or 0.19% to 39,569.68.

European markets were trading lower; UK’s FTSE 100 decreased 25.31 points or 0.28% to 8,950.35, France’s CAC fell 62.34 points or 0.79% to 7,839.91 and Germany’s DAX lost 217.85 points or 0.89% to 24,238.96.
  RELATED NEWS >>
Most Viewed >>
July 05 , 2025
GoM on GST meets to take up falling mop up, cu
July 05 , 2025
Moderate expectations on market returns; insur
July 04 , 2025
DSP MF breaks new ground with India’s first re
June 28 , 2025
Post JP Morgan index inclusion, FPIs turn sell
EXPLORE
© CITRUS INTERACTIVE
Designed & Developed Accord Fintech Pvt. Ltd.