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    Stock Market Updates: Sensex Tumbles Over 650 Points, Nifty Below 25,200; FMCG, Pharma Outperform | Markets News

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    Key benchmark indices Sensex and Nifty are likely to be influenced on the last trading day by a combination of factors

    Sensex Today (Source: Freepik)

    Sensex Today:Indian stock markets were trading lower on Friday, July 11, weighed down by the selling pressure in TCS shares.

    At 1 PM, the BSE Sensex was down 648 points or 0.78 per cent at 82,541, while the Nifty50 was at 25,164, down 191 points or 0.75 per cent.

    Infosys, TCS, M&M, Tech M, Eternal (Zomato), Bajaj Finserv, Trent, RIL, HDFC Bank, and Bharti Airtel were the top laggards today, while HUL, NTPC, Power Grid, Axis Bank, and Adani Ports were the top gainers.

    In the broader markets, the Nifty MidCap index, and the Nifty SmallCap index fell 0.9 per cent and 1 per cent, respectively.

    Among sectors, the Nifty IT index tumbled 1.6 per cent, followed by the Nifty Auto (down 1.24 per cent). On the upside, the Nifty Pharma and FMCG indices gained 0.81 per cent each.

    Global cues

    Asia-Pacific markets traded mixed on Friday following US President Donald Trump’s announcement of a 35 per cent tariff on Canadian goods starting August 1. He also indicated plans to implement blanket tariffs of 15–20 per cent on most trading partners, downplaying concerns about potential impacts on inflation or the stock market.

    Last checked, Nikkei was up 0.21 per cent, while the Topix advanced 0.71 per cent. Kospi rose 0.013 per cent, and ASX 200 was down 0.064 per cent.

    On Wall Street, the S&P 500 closed at a record high on Thursday, rising 0.27 per cent to 6,280.46. The Nasdaq Composite also ended at a fresh peak for a second consecutive session, inching up 0.09 per cent to 20,630.67. The Dow Jones Industrial Average gained 192.34 points, or 0.43 per cent, to close at 44,650.64.

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    Aparna Deb

    Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More

    Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More

    Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18.

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