POST-MARKET SUMMARY 10th July 2025

On July 10, benchmark indices failed to sustain early gains, closing lower for the second consecutive session. Nifty ended below the 25,400 mark as investors remained cautious over U.S. President Trump's tariff moves, ahead of TCS Q1FY26 earnings. 

Among the sectors, only Metals and Realty saw gains, rising between 0.4% and 0.7%. Meanwhile, Pharma, IT, PSU Bank and FMCG indices declined by 0.6% to 0.8%.

 In the primary market, Smartworks Coworking Spaces Ltd launched its IPO today, with the grey market premium (GMP) rising to 8% on the first day of bidding. A detailed IPO review is available here. 

NIFTY:  The index opened 35 points higher at 25,511 and made a high of 25,524 before closing at 25,355. Nifty has formed a long bearish candle on the daily chart. Its immediate resistance level is now placed at 25,430 while immediate support is at 25,300.

BANK NIFTY: The index opened 126 points higher at 57,339 and closed at 56,956. Bank Nifty has formed a bearish candle on the daily chart. Its immediate resistance level is now placed around 57,050 while immediate support is around 56,800.  

Stocks in Spotlight

▪  JTL Industries: Stock jumped more than 3.5% after the company announced plans to expand its Electric Resistance Welded (ERW) pipe manufacturing capacity, adding an additional 3 lakh tonnes per year.

▪ Enviro Infra Engineers: Stock gained over 2% following news that the company’s joint venture secured a Rs 395 crore pollution control project in Maharashtra.

▪ Syrma SGS Technology: Stock rose by 2% after reports surfaced that the company is set to establish India's largest multi-layer Printed Circuit Board (PCB) and Copper Clad Laminate (CCL) manufacturing facility in Andhra Pradesh

 Global News

▪  European shares rose on Thursday, supported by signs of progress on a potential trade deal between the United States and the European Union, lifting investor sentiment.

▪  Gold prices climbed, buoyed by a pullback in the dollar and expectations of U.S. interest rate cuts later in the year. Investors also awaited further details on U.S. President Donald Trump's trade policy.

▪  Oil prices dipped slightly as investors weighed the possible impact of President Trump's tariffs on global economic growth, leading to caution in the energy market.

 This document has been issued by Liquide Solutions Private Limited for information purposes only and should not be construed as

i) an offer or recommendation to buy or sell securities, commodities, currencies or other investments referred to herein; or

ii) an offer to sell or a solicitation or an offer for the purchase of any of the baskets of Liquide Solutions; or

iii) investment research or investment advice. It does not have regard to specific investment objectives, financial situation and the particular needs of any specific person who may receive this document. Investors should seek personal and independent advice regarding the appropriateness of investing in any of the funds, securities, other investment, or investment strategies that may have been discussed or referred to herein and should understand that the views regarding future prospects may or may not be realized. In no event shall Liquide Life Private Limited and/or its affiliates or any of their directors, trustees, officers and employees be liable for any direct, indirect, special, incidental or consequential damages arising out of the use of information/opinion herein.

With Liquide, you can explore stocks, trade securely in your own broker account, and receive expert-recommended trade setups. Stay updated with real-time tracking, market commentary, and AI-powered insights from LiMo, our intelligent bot. Whether you're a seasoned investor or a newbie, Liquide provides the tools you need to discover your next big investment opportunity. Download the app now from Google Play Store and Apple App Store to revolutionize your investment journey. Don't miss out on the chance to level up your investing game with Liquide.