📌 Daily Market Wrap | July 9, 2025

Curated by Angeeras Securities Research Desk

Explore our services →

Indian equity benchmarks closed in the red on Wednesday, dragged down by sharp declines in key heavyweights. The Nifty 50 fell by 46.40 points to close at 25,476.10 (−0.18%), while the Sensex lost 176.40 points, ending the day at 83,536.08 (−0.21%).

Market sentiment turned cautious after Reliance Industries posted its steepest single-day drop since May 22, following media reports hinting at potential delays in the Reliance Jio IPO. This development disrupted an otherwise range-bound session, causing indices to weaken in the second half.

Adding to the pressure, Vedanta shares tumbled after US-based Viceroy Research raised red flags on its parent company’s debt position. The Nifty Metal Index was the worst performer among sectoral peers, declining 1.39%, followed by weakness in IT and Realty.

📊 Sectoral Performance Snapshot

Top Gainer: Nifty FMCG (+0.78%) supported by strength in Emami and Dabur Top Loser: Nifty Realty (-1.45%) as profit booking continued across real estate counters Nifty IT: Down 0.74% with all 10 index constituents closing in the red

📈 Key Stock Contributors

Top Index Gainers:

HDFC Bank: +12.05 points Hindustan Unilever (HUL): +7.68 points ITC: +5.52 points

Top Index Drags:

ICICI Bank: -19.69 points Reliance Industries: -17.98 points HCL Technologies: -10.11 points

💹 Broader Markets and Internals

The broader market painted a mixed picture:

Nifty Midcap 100: +0.13% Nifty Smallcap 100: -0.59%

Market Breadth on NSE:

Advancing stocks: 1,477 Declining stocks: 1,455 Unchanged: 98

Milestone Highlights:

52-week highs: 61 stocks 52-week lows: 30 stocks Stocks in upper circuit: 92 Stocks in lower circuit: 52

Overall, internals indicate a neutral to slightly negative breadth, as investors adopted a wait-and-watch stance amidst mixed triggers.

💼 Fund Flow Update: Mutual Funds See Strong Revival in June

According to the latest AMFI data, equity mutual fund inflows witnessed a 24% month-on-month jump in June, hitting Rs 23,587 crore, marking the end of a five-month decline streak. Notably:

SIP contributions reached a new record of Rs 27,269 crore Total SIP accounts increased to 8.64 crore Gold ETFs saw inflows of Rs 2,080.84 crore (nearly 7x over May) Silver ETFs drew Rs 2,004.56 crore, nearly doubling MoM

The total industry AUM touched a historic high of Rs 74.41 lakh crore, reflecting robust retail participation and growing confidence in capital markets.

🌐 Global Economic Calendar: Key Releases Ahead

United States

Tuesday: CPI Inflation Wednesday: PPI, Industrial & Manufacturing Production Thursday: Retail Sales, Initial Jobless Claims Friday: Housing Starts, University of Michigan Inflation Expectations

Europe

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

China

Monday: Export & Import Data Tuesday: GDP, Retail Sales, Industrial Production Friday: CPI

India

Monday: CPI (Inflation) Tuesday: Trade Balance (Exports & Imports), Unemployment Rate Friday: Foreign Exchange Reserves

📽️ Want to know key technical levels and strategy?

🎥 Watch our exclusive YouTube market update →

📢 Stay informed. Stay confident.

Explore expert-led market insights and custom financial strategies with Angeeras Securities.