logo

Are you need IT Support Engineer? Free Consultant

Stock Market LIVE: Sensex & Nifty stay flat Defence stocks overvalued, warns Raamdeo Agrawal

  • By admin
  • July 9, 2025
  • 2 Views

📅 Stock Market LIVE Updates – Wednesday, July 9, 2025

🟰 Markets Remain Flat Amid Global Uncertainty
Equity benchmarks traded in a narrow range with no clear direction, as investors awaited clarity on potential U.S. tariff actions.

📉 Indices at a Glance:

  • 📉 Sensex: 83,707 (🔻5 pts | -0.01%)
  • 📈 Nifty50: 25,524 (🔺2 pts | +0.01%)

🌍 Global Overhang:

  • Reports suggest President Trump may announce fresh tariffs on seven countries this Thursday.
  • Possible measures include:
    • 50% tariff on copper 🧲
    • 10% tariff for BRICS nations 🌐
    • 200% tariff on pharmaceutical imports 💊
    • No extension of the Aug 1 deadline 🕒

📉 Top Nifty Losers (down up to 1%):

  • 💻 HCL Tech
  • 🔩 Tata Steel
  • 🖥️ Wipro
  • 🏦 HDFC Life, ICICI Bank, SBI Life
  • 🏗️ L&T
  • 🚗 Tata Motors
  • 🛠️ JSW Steel, Tech Mahindra, Infosys

📈 Top Nifty Gainers:

  • 🧴 Hindustan Unilever
  • 🎨 Asian Paints
  • 💊 Cipla
  • 🚗 Maruti Suzuki
  • 💼 Shriram Finance
  • 🏢 Adani Enterprises
  • 💸 Jio Financial
  • ☀️ Sun Pharma

📊 Broader Market Performance:

  • 📈 Nifty MidCap: +0.11%
  • 📈 Nifty SmallCap: +0.68%

📊 Sectoral Check:

  • 📈 FMCG: +0.45%
  • 🎬 Media & 💊 Pharma: +0.4%
  • 🏘️ Realty: -0.88%
  • ⛏️ Metal & 💻 IT: -0.4% each

🔮 Market Outlook:

“Markets are in a wait-and-watch mode. Tariff threats aren’t being taken seriously yet, but the upcoming Q1FY26 earnings will likely be more influential,”
VK Vijayakumar, Chief Investment Strategist, Geojit

📈 Earnings Preview:

  • Midcaps expected to continue strong momentum 💥
  • Largecaps may see gradual recovery 📊

Leave a Reply

Your email address will not be published. Required fields are marked *