Market on Friday | Sensex down 690 pts, Nifty below 25,200
Benchmark equity indices continued the losing streak for a third consecutive session on July 11 over concerns of impact of Trump tariffs and selling in IT shares after the TCS Q1FY26 earnings, taking the Nifty 50 index below 25,200 level.
At close, the Sensex was down 689.81 points or 0.83 percent at 82,500.47, and the Nifty was down 205.40 points or 0.81 percent at 25,149.85. The BSE Midcap index extended the fall for a third day, falling 0.5 percent, while BSE Smallcap index shed 0.7 percent, snapped a two-day gain. For the week, Sensex and Nifty indices fell more than a percent each, down for a second consecutive week.
Except FMCG (up 0.5 percent), pharma (up 0.7 percent), all other sectoral indices ended in the red with auto, IT, media, oil & gas, consumer durables, capital goods, realty, telecom down a percent each.
The biggest Nifty losers were TCS, Bajaj Auto, M&M, Hero MotoCorp, Wipro, while gainers were HUL, SBI Life Insurance, Kotak Mahindra Bank, Axis Bank, IndusInd Bank.