๐Ÿ“‰ Market Summary: Weakness in IT, Auto & Oil Stocks Weighs on Indices

2โ€“3 minutes

๐Ÿ“Œ Daily Market Wrap | July 11, 2025

Published by Angeeras Securities Research Desk

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Indian markets ended on a weak note this Thursday, with the Sensex shedding 690 points and the Nifty 50 slipping below the 25,150 mark, registering a decline of 0.81%. Pressure from the IT, Auto, and Oil & Gas sectors weighed on overall sentiment, while select FMCG and Pharma names managed to outperform. The Nifty Bank also ended lower by 0.35%, reflecting subdued activity in financials.

While broad-based selling dragged the indices, FMCG (+0.51%) and Pharma (+0.68%) offered resilience. TCS, M&M, and Bajaj Auto led the losses, while HUL, SBI Life, and Axis Bank emerged as notable gainers, holding the line amid a risk-off environment.

๐Ÿ“Š Top Volume Gainers of the Day

Despite market weakness, certain counters witnessed unusual surge in trading activity, indicating heightened investor interest:

Salona Cotspin Ltd: Volume surged over 486x 1-week average; price up 13.59% to โ‚น282.05 Tarmat Ltd: Volume jumped 69.67x weekly average; stock gained 14.36% to โ‚น62.05 Century Extrusions Ltd: Volume spiked 29.26x 1-week average; ended up 10.66% to โ‚น24.29

This data is purely for educational insight and not investment advice.

๐Ÿ” Sectoral Snapshot

Sectors that dragged the markets:

Nifty IT: -1.78% Nifty Auto: -1.77% Nifty Oil & Gas: -1.26% Nifty Realty: -1.21% Nifty Media: -1.60%

Outperformers:

Nifty Pharma: +0.68% Nifty FMCG: +0.51% Nifty Healthcare: +0.07%

๐Ÿงพ Notable Gainers & Losers

Top Gainers:

Glenmark: +14.55% (on major licensing deal news) Netweb: +7.43% Asahi India: +4.70%

Top Losers:

Indian Renew: -5.68% Hitachi Energy: -4.65% Elecon Engineering: -4.53%

๐Ÿ“ฐ Corporate Developments in Focus

Glenmark Pharma surged after its arm IGI Therapeutics signed a high-value licensing deal with AbbVie, with an upfront payment of $700 million and a potential total deal value up to $1.925 billion. HUL announced that CEO Rohit Jawa will step down on July 31, with Priya Nair set to take over as MD & CEO starting August 1 for a five-year term. Zee Entertainment faced a shareholder setback as its proposed โ‚น2,237 crore warrant issuance to promoters was rejected. Spandana Sphoorthy and Centrum Capital both announced board meetings scheduled for July 15 to consider fresh fundraising plans. Senores Pharma disclosed a 2.97% stake acquisition in Havix Group Inc., marking a strategic expansion in healthcare.

๐Ÿ”ฌ Market Breadth & Internals

Advances: 1,388 Declines: 1,502 Unchanged: 105 Stocks at 52-week highs: 58 Stocks at 52-week lows: 47 Stocks in Upper Circuit: 91 Stocks in Lower Circuit: 55

Broader indices also reflected weakness with the Nifty Midcap 150 down 0.83%, and Nifty Smallcap 250 down 0.70%, in line with benchmark softness.

๐ŸŒ Global Economic Calendar: Key Releases Ahead

United States

Tuesday: Consumer Price Index (CPI) Wednesday: Producer Price Index (PPI), Industrial & Manufacturing Production Thursday: Retail Sales, Initial Jobless Claims Friday: Housing Starts, Inflation Expectations

Europe

Wednesday: UK CPI, UK RPI Thursday: UK Unemployment Rate Friday: Germany PPI

China

Monday: Trade Balance (Exports & Imports) Tuesday: GDP, Industrial Production, Retail Sales Friday: CPI

India

Monday: CPI (Inflation) Tuesday: Exports, Imports, Unemployment Rate Friday: FX Reserves

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