The 30-share BSE Sensex fell 170.42 points to 83,542.09 in early trade. The 50-share NSE Nifty dipped 44.35 points to 25,478.15. File
| Photo Credit: AP
Equity benchmark indices Sensex and Nifty declined in early trade on Wednesday (July 9, 2025) amid mixed global market trends as investors turned cautious due to tariff jitters and start of Q1 earnings season.
The 30-share BSE Sensex fell 170.42 points to 83,542.09 in early trade. The 50-share NSE Nifty dipped 44.35 points to 25,478.15.
From the Sensex firms, Larsen & Toubro, Tata Steel, ICICI Bank, HCL Tech, Infosys and Kotak Mahindra Bank were among the laggards.
Hindustan Unilever, Asian Paints, Maruti and Titan were among the gainers.
“A significant takeaway from the recent global market trends is that the markets are largely ignoring the noise from the tariff front and are waiting for clarity to emerge. Perhaps, more important from the market perspective in the near-term will be the Q1 results,” VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.
The U.S. has extended the suspension of its April 2 reciprocal tariffs until August 1. In Asian markets, South Korea’s Kospi and Shanghai’s SSE Composite index traded higher, while Japan’s Nikkei 225 index and Hong Kong’s Hang Seng were quoted lower.
The U.S. markets ended on a flat note on Tuesday (July 8, 2025).
“With Federal Open Market Committee minutes (July 9 ) and TCS earnings (July 10) ahead, expect heightened volatility,” Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said.
Global oil benchmark Brent crude dipped 0.20% to $70.01 a barrel.
Foreign Institutional Investors (FIIs) offloaded equities worth ₹26.12 crore on Tuesday (July 8, 2025), according to exchange data. Domestic Institutional Investors (DIIs) however, bought stocks worth ₹1,366.82 crore.
On Tuesday (July 8, 2025), the 30-share barometer rose by 270.01 points or 0.32%, to settle at 83,712.51. The Nifty climbed 61.20 points or 0.24%, to close at 25,522.50.
Published – July 09, 2025 10:38 am IST
