NEWS UPDATE 11 JULY 2025
🌍 Global & U.S. Market Update – Today, July 11, 2025
- U.S. stock futures and European futures slipped after President Trump announced a 35% tariff on Canadian imports effective August 1, with possible further tariffs on the EU and other countries The Economic Times+7Reuters+7Investors+7.
- This triggered caution in futures: Nasdaq and S&P 500 futures initially fell nearly 1%, though losses later narrowed Reuters.
🇮🇳 Indian Market – Sensex & Nifty Down Sharply
- Nifty50 fell 0.80% to 25,151.60, while Sensex dropped over 700 points to 82,482.31, marking a significant market sell-off today Maharashtra Times+4Business Standard+4The Times of India+4.
- The decline was driven by:
- Weak Q1 results from Tata Consultancy Services (TCS) and other IT majors
- Heightened global trade tensions from new U.S. tariffs
- Rising crude oil prices on fears of sanctions affecting supply and inflation Yahoo Finance+13The Economic Times+13The Economic Times+13HDFC Sky+2Moneycontrol+2The Economic Times+2.
- Sector-wise, IT, Media, Auto & Telecom saw losses of ~1% each, while FMCG and Pharma bucked the trend with gains of 0.8% each The Economic Times+6Moneycontrol+6mint+6.
đź“Ś Market Highlights & Stock Specifics
- TCS hit by poor quarter performance; other IT names like Infosys, Tech Mahindra, Wipro, HCL Tech also weak .
- Tata Elxsi shares plunged nearly 8% after disappointing Q1 profits; IREDA dropped on a 36% YoY profit decline Barron’s+15Business Standard+15The Economic Times+15.
- Glenmark Pharma spiked to a 52-week high +10% circuit on a global drug licensing deal announcement Business Standard+2The Economic Times+2Moneycontrol+2.
- Hindustan Unilever (HUL) shares rose ~5% after appointing Priya Nair as CEO effective August 1 The Economic Times+1Business Standard+1.
🔍 Broader Global Sentiment
- Wall Street indices closed at record highs with S&P 500, Nasdaq, and Dow marking gains thanks to strong earnings—Delta Airlines notably rose ~12% on outperformance, Nvidia surpassed a $4 trillion valuation MarketWatch+7AP News+7Yahoo Finance+7.
- Yet, markets remain cautious: trade tensions are escalating; U.S. tariffs are weighing on sentiment; inflation concerns and potential sanctions on Russia are pressuring commodity markets The Economic Times+1The Economic Times+1.
- Bitcoin surged to new all-time highs above $117,000, driven by institutional demand and positive sentiment around U.S. crypto policy Business Standard+2The Economic Times+2AP News+2.
🧠Key Takeaways for Investors
- Global uncertainties—especially on tariffs—are disrupting risk sentiment
- IT sector earnings disappointments key to India’s market decline
- Safe-haven assets like gold and oil have gained modestly amid trade worries
- Diversification and risk management remain critical as earnings season kicks off next week
📆 What to Watch Next
- Upcoming U.S. Q2 earnings, led by JPMorgan Chase, to set tone for global sentiment
- Responses from Canada, EU, and other trading partners on proposed tariffs
- India-specific developments—RBI policy actions and domestic macroeconomic signals
