Sensex Falls 689 Points, Nifty Drops 205 Points As Global Tensions & Weak TCS Earnings Hit Markets

Sensex Falls 689 Points, Nifty Drops 205 Points As Global Tensions & Weak TCS Earnings Hit Markets

Indian stock markets fell on Friday as global trade tensions and weak earnings from TCS hurt investor mood. IT and auto sectors dropped sharply, while FMCG and pharma offered limited support.

Manoj YadavUpdated: Friday, July 11, 2025, 04:24 PM IST
article-image
Indian stock markets fell on Friday as global trade tensions and weak earnings from TCS hurt investor mood. |

Key Highlights:

- Sensex falls 689.81 points and Nifty slips 205.4 points

- TCS reports weak Q1 FY25 earnings, dragging IT sector

- US-Canada tariff tensions dent global and domestic sentiment

Mumbai: On Friday, Indian stock markets closed in the red, pulled down by rising global trade tensions and a poor start to the earnings season. The Sensex fell by 689.81 points (0.83 percent) to finish at 82,500.47, while the Nifty dropped 205.4 points (0.81 percent) to end at 25,149.85.

TCS Results Shake Investor Confidence

The biggest trigger for the fall was Tata Consultancy Services (TCS) posting weaker-than-expected results for Q1 FY25. This caused a sharp selloff in IT stocks, with the Nifty IT index falling nearly 1.8 percent. Other IT firms like HCL Technologies also dropped.

Auto and Other Sectors Also Under Pressure

Auto stocks joined the decline, with the Nifty Auto index falling by nearly 1.8 percent too. Among the biggest losers on the Sensex were TCS, Mahindra & Mahindra, Tata Motors, Bharti Airtel, and Titan, losing up to 3.5 percent.

On the other hand, some stocks such as Hindustan Unilever, Axis Bank, Sun Pharma, and NTPC ended higher and provided limited support to the market.

Global Trade Issues Weigh Heavy

Investor mood worsened after US President Donald Trump imposed fresh 35 percent tariffs on Canadian imports, increasing concerns about global trade tensions. This added to already cautious market sentiment.

Mid and Small Caps Also Feel the Heat

The broader markets also saw declines. The Nifty MidCap index dropped 0.88 percent, and the Nifty SmallCap index slipped 1.02 percent, showing weakness across the board.

Some Sectors Show Strength

Despite overall weakness, FMCG and Pharma sectors managed small gains. The Nifty FMCG and Pharma indices ended in the green.

Volatility Increases Slightly

The India VIX, which measures market fear, rose 1.24 percent to close at 11.81, indicating slightly higher uncertainty among investors.

(With IANS Inputs)

RECENT STORIES

Tesla Gears Up For India Debut With Opening Of 1st Store In Mumbai

Tesla Gears Up For India Debut With Opening Of 1st Store In Mumbai

Coconut Oil Prices Triple In A Year; SEA Seeks Urgent Govt Nod For Short-Term Oil, Copra Imports

Coconut Oil Prices Triple In A Year; SEA Seeks Urgent Govt Nod For Short-Term Oil, Copra Imports

Microsoft Makes AI Skills Mandatory, 15,000 Jobs Cut As Company Shifts Focus To Future Tech

Microsoft Makes AI Skills Mandatory, 15,000 Jobs Cut As Company Shifts Focus To Future Tech

Sensex Falls 689 Points, Nifty Drops 205 Points As Global Tensions & Weak TCS Earnings Hit Markets

Sensex Falls 689 Points, Nifty Drops 205 Points As Global Tensions & Weak TCS Earnings Hit Markets

Siemens Secures Two Orders Of ₹773 Crore, To Provide Advanced Signalling & Telecommunication...

Siemens Secures Two Orders Of ₹773 Crore, To Provide Advanced Signalling & Telecommunication...