Sensex, Nifty Live Updates July 11: Markets Close Lower as Selling Pressure Hits Largecaps

Indian markets closed lower on Friday, as selling in heavyweight IT and auto stocks dragged both key indices into the red. The Nifty 50 slipped 0.81% to end at 25,149, while the Sensex dropped 0.83% to settle at 82,500. On the global front, sentiment was mixed—Asian markets closed on a positive note, led by modest gains in the Hang Seng and Shanghai Composite, even as the Nikkei edged slightly lower. European indices were trading weak mid-session, and U.S. futures hinted at a subdued Wall Street open.

Stock Market Highlights, July 11:

• Key Gainers and Losers: HUL surged 4.62% to top the gainers’ list, followed by SBI Life Insurance (+1.38%) and Axis Bank (+0.82%). On the downside, TCS slid 3.43%, while M&M and Bajaj Auto dropped 2.82% and 2.63%, respectively.
• Indian Indices Close Lower: Benchmark indices extended losses, with the Nifty 50 falling 0.81% to 25,149 and the Sensex dropping 0.83% to 82,500, dragged down by IT and auto stocks.
• Global Market Sentiment Mixed: Asian markets closed on a mixed note—Hang Seng rose 0.46% and Shanghai Composite edged up 0.12%, while Nikkei slipped 0.19%. European indices were in the red mid-session, and U.S. futures hinted at a weak Wall Street start.

Stay informed with our in-depth look at what’s driving the stock market tomorrow.

Top Gainers:

Top Losers:

Indian Market Closing Cues:

Asian Markets: 

European Market Mid-Session Update:

U.S. Markets Live Today

*As of 15:51 IST

Stock in News Today:

Here are the top stocks to watch today following their latest earnings and key business updates.

TCS

Tata Consultancy Services reported a 6% rise in net profit for the June quarter, reaching ₹12,760 crore compared to ₹12,040 crore a year earlier. Revenue edged up 1.3% to ₹63,437 crore from ₹62,613 crore. The company also announced a dividend of ₹11 per share.

Hindustan Unilever

Hindustan Unilever announced the appointment of Priya Nair as its new CEO and Managing Director, effective August 1, 2025. Nair, who currently heads Unilever’s Beauty & Wellbeing division, will be the first woman to lead HUL. Her term will span five years.

Anand Rathi Wealth

Anand Rathi Wealth posted a 27.9% increase in net profit for the June quarter at ₹93.9 crore, up from ₹73.4 crore last year. Revenue climbed 15.3% year-on-year to ₹274 crore, compared to ₹237.6 crore in the same period.

IREDA

Indian Renewable Energy Development Agency (IREDA)reported a 36% year-on-year decline in net profit to ₹247 crore for the June quarter, mainly due to increased expenses. This compares with ₹384 crore reported in the same quarter last year.

Glenmark Pharmaceuticals

IGI Therapeutics SA, a wholly owned subsidiary of Glenmark’s U.S.-based Ichnos Glenmark Innovation Inc., has signed an exclusive licensing deal with AbbVie for its lead investigational drug ISB 2001. The therapy, built on IGI’s BEAT protein platform, is being developed for cancer and autoimmune conditions.

Stock Market Outlook for July 11:

• Flat to Cautious Start Expected: Gift Nifty is trading marginally higher by 0.04%, indicating a muted start for Indian markets. However, Nifty’s opening below the previous close (-0.39%) signals caution among investors following yesterday’s broad-based sell-off.
• Mixed Global Cues Could Limit Upside: While U.S. markets closed in the green with the Dow Jones up 0.43% and Nasdaq gaining 0.094%, Asian cues remain mixed. Hang Seng and Shanghai posted strong gains, but Nikkei dipped slightly, which may temper bullish sentiment in Indian equities.
• Support from Institutional Buying, But Caution in Derivatives: Strong buying by both FIIs (₹221.10 crore) and DIIs (₹591.30 crore) may offer some support. However, low Put-Call Ratios (Nifty PCR at 0.7945 and Bank Nifty PCR at 0.8596) point to limited bullish bets, potentially suggesting cautious positioning in the derivatives market.
   

Indian Stock Market Recap: July 10

Indian stock markets closed in the red amid sustained selling pressure across sectors. The Nifty 50 dropped 0.47% to settle at 25,355, while the Sensex declined 0.41% to end the session at 83,190.

Indian Market Cues:

Global Market Cues (U.S. Indices):

Asian Markets: 

Crude Oil Prices:

Bond Yields:

FII/DII Activity:

Foreign Institutional Investors (FIIs) Net Buy/Sell: 221.10
Domestic Institutional Investors (DIIs) Net Buy/Sell: 591.30

*As of 09:43 IST
 

This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.