Indian Stock Market Today July 10, 2025: Sensex and Nifty 50 End Lower as IT Drags, Sector Highlights, Gainers, Losers, and FII DII Flows
The Indian stock market today witnessed subdued sentiment, with benchmark indices ending in negative territory. Uncertainty over global trade policies and anticipation of Q1 FY26 earnings contributed to market volatility. Sensex closed at 83,164.18, down 371.9 points or 0.45 percent. Nifty 50 closed at 25,348.05, down 128.05 points or 0.5 percent. Both indices declined for the second consecutive session. The Nifty MidCap and SmallCap indices also slipped, reflecting broad-based caution in the market.
Sector Performance Highlights
Banking: Nifty Bank slipped for the second straight day. PSU Banks declined for the fourth consecutive session, as profit booking persisted after a recent rally.
IT: Nifty IT was the top losing sector for the second day in a row. Key IT stocks like Infosys and Coforge saw notable declines, while TCS ended flat ahead of its quarterly earnings release.
Auto: The auto sector followed the market trend, ending lower as investors booked profits and shifted focus to upcoming earnings guidance.
Pharma: Pharma stocks experienced mixed trading, though interest in new listings remained robust. Asston Pharmaceuticals’ IPO was oversubscribed 6.26 times by 1:20 PM, showing strong retail demand.
Top 5 Gainers in Nifty 50
Adani Enterprises +2.4%
ONGC +1.9%
Tata Steel +1.7%
Grasim Industries +1.5%
Reliance Industries +1.1%
Top 5 Losers in Nifty 50
Bharti Airtel -3.3%
Infosys -2.8%
Coforge -2.5%
HDFC Life -2.3%
Axis Bank -2.0%
FII/DII Net Flows
Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) played crucial roles today. FII net positions in index futures increased to ₹75,705 crore on Wednesday, up from ₹70,513 crore the previous day, indicating rising short positions in futures markets ahead of critical earnings and macro events. Specific net buy/sell figures will be updated post final closing release by exchanges.
Key Macro-Economic & Global Drivers
Global trade tensions made market participants cautious awaiting clarity on potential tariff announcements by US President Donald Trump, and the finalization of the India-US mini trade deal. US FOMC Minutes influenced sentiment as investors anticipated guidance on the interest rate cycle. Despite intermittent fund outflows, sustained domestic participation supported the markets, even as FIIs remained net sellers in the derivatives segment, indicating hedging or caution. The oversubscription of the Asston Pharmaceuticals IPO highlighted robust retail engagement amid secondary market volatility. For deeper macroeconomic insights, visit the Reserve Bank of India website.
What to Watch Next
Monitor the TCS Q1 FY26 earnings announcement, which will influence IT sector performance. Watch for any breakthrough in the India-US mini trade deal that could impact market sentiment and broader indices. Keep an eye on FII/DII trends for indications of near-term market direction. Additionally, sector themes such as PSU banks and IT remain key areas where volatility could influence index movements. For IPO updates and analysis, visit nextipoindia.com.