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Top Gainers & Losers: Nifty 50 Slips Amid Tariff Concerns, Wednesday, July 09, 2025

Published: 2025-07-09 16:30 IST | Category: Markets | Author: Abhi

The Indian stock market witnessed a largely range-bound session on Wednesday, July 09, 2025, with key indices closing marginally lower. The Nifty 50 settled at 25,476.1 points, down 0.18%, while the BSE Sensex fell by 0.16% to close at 83,538 points. The market's subdued performance was largely attributed to a lack of clear directional cues and lingering concerns over potential trade tariffs from the US, coupled with softer Chinese inflation figures.

Top Nifty 50 Gainers Today

  • Shriram Finance: The stock led the Nifty 50 gainers, closing with an increase of approximately 1.73% to 1.76%.
  • Bajaj Finance: Following closely, Bajaj Finance registered gains of around 1.44% to 2%.
  • Coal India: The public sector undertaking saw its shares rise by about 1.31% to 2%.
  • Hindustan Unilever (HUL): The FMCG major closed up by 1.2% to 1.27%.

Top Nifty 50 Losers Today

  • HCL Technologies: The IT major was the biggest laggard, shedding approximately 1.98% to 2.05% by the close of trading.
  • Tata Steel: Shares of the metal company declined by 1.71% to 1.82%.
  • Hindalco Industries: Another metal sector stock, Hindalco, saw a drop of about 1.7% to 1.83%.
  • Apollo Hospitals Enterprise: The healthcare stock fell by approximately 1.51%.

Analysis: Reasons Behind the Moves

The broader market sentiment on Wednesday was primarily shaped by global cues, particularly the uncertainty surrounding US trade policies. US President Donald Trump's warnings of potential new tariffs, including a 50% levy on copper imports and a proposed 200% tariff on pharmaceutical imports, created a cautious environment for investors. This uncertainty particularly impacted metal stocks like Tata Steel and Hindalco, which witnessed significant declines. The IT sector, represented by HCL Technologies, also experienced a downturn, with some reports suggesting this was ahead of upcoming Q1 earnings announcements.

Conversely, sectors like FMCG and Pharma showed resilience, with Hindustan Unilever and Cipla among the gainers, despite the broader tariff concerns on pharmaceuticals. Financial stocks like Shriram Finance and Bajaj Finance also performed well, indicating selective buying in defensive or fundamentally strong companies. The market is currently in a wait-and-watch mode, awaiting clarity on the trade front and the impending Q1 FY26 earnings results.

TAGS: Top Gainers, Top Losers, Nifty 50, Stock Market, Market Movers

Tags: Top Gainers Top Losers Nifty 50 Stock Market Market Movers

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