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Stock Market Wrap 11 July 2025 Indian markets had a tough day Both Sensex and Nifty were deep in the red Sensex dropped almost 690 points and Nifty fell over 200 The main reason Weak numbers from big tech TCS reported a 3 percent fall in revenue in constant currency which didnt sit well with investors The stock slipped around 25 percent and the mood spread to Infosys Wipro and LTIMindtree all of them ended lower Auto and healthcare stocks also took a hit Bajaj Auto M and M and Apollo Hospitals were among the laggards That said not everything was gloomy Hindustan Unilever gave some cheer with nearly a 5 percent jump SBI Life Axis Bank Nestlé and IndusInd Bank also ended in the green The fear index India VIX ticked up 2 percent now at 1187 Clearly theres a bit of nervousness with earnings season picking up and global trade tensions hanging in the air In IPO news Meta Infotech made its market debut while Smartworks Coworking’s IPO saw 73 percent subscription on day two not bad for the coworking space On the economic front India US trade talks are still ongoing with a tariff deadline looming on August 1 Brent crude edged up to 6888 and that’s not great news for us given our heavy oil import bill Global Glance - Over in the US stocks had another solid day The S and P 500 Nasdaq and Dow Jones all moved up But behind the scenes traders are watching the Biden administrations new tariff plans closely Fresh duties on Canadian goods 35 percent are already in motion and there’s talk of even steeper ones up to 200 percent on medicines and 50 percent on copper That’s shaking things up across commodities and manufacturing In Europe the STOXX 600 was down a bit dragged by personal goods and pharma Asia had a mixed bag Japan’s Nikkei managed a small gain Australia dipped slightly and South Korea’s Kospi didn’t move much Gold was back in demand it jumped to 3317 an ounce as investors looked for safety Oil went the other way Brent slid over 2 percent WTI almost 3 percent thanks to concerns about slowing demand and swelling inventories (Credit - money control, ETnews, Mint News and ChatGPT has been used to compile and write all this news in one place)