Global cues are expected to guide the Indian market’s opening mood today. With a mixed setup across Asian markets and steady updates from global financial hubs, investors are likely to track broader trends. Crude oil prices, currency movements, and foreign fund activity remain in focus.
The GIFT Nifty is currently hinting at a negative start, trading down 120 points or 0.50%, suggesting early trade may reflect this tentative tone.
Indian equity benchmarks ended in the red on July 10. The Nifty slipped 120.85 points, or 0.47%, to close at 25,355.25, hovering near the 25,350 mark. Meanwhile, the Sensex declined by 345.80 points, or 0.41%, to settle at 83,190.28.
Key global and domestic cues to know on July 11, 2025
US futures
Wall Street futures tumbled early Friday morning. This came after U.S. President Donald Trump hinted at a “major statement” regarding Russia, expected on Monday. Dow futures dropped over 200 points, S&P 500 futures fell by 30 points, and Nasdaq futures slipped by 120 points.
Asian Markets
Asia-Pacific markets started the trading session on a positive note. Japan’s Nikkei 225 gained 0.51% at the open, with the broader Topix index rising 0.81%. South Korea’s Kospi climbed 1%, while the Kosdaq followed with a 0.94% increase. In Australia, the S&P/ASX 200 inched up 0.14%.
Trump slaps 35% tariff on Canadian imports
U.S. President Donald Trump on Thursday announced a 35% tariff on Canadian imports starting August 1, citing Canada’s retaliatory actions against the U.S. In a letter posted on Truth Social addressed to Canadian Prime Minister Mark Carney, Trump said, “Instead of working with the United States, Canada retaliated with its own Tariffs.”
US market
U.S. markets ended Thursday’s session on a strong note, with both the S&P 500 and Nasdaq Composite closing at new all-time highs. The S&P 500 rose 0.27% to settle at 6,280.46, while the Nasdaq Composite notched its second consecutive record close, edging up 0.09% to 20,630.67. The Dow Jones Industrial Average also joined the rally, adding 192.34 points, or 0.43%, to finish at 44,650.64.
US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading up at 97.81 on Friday morning. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee depreciated 0.05% to close at 85.64 to the dollar on July 10.
Crude oil
Oil prices were trading higher on Friday. West Texas Intermediate (WTI) crude rose 0.36% to $66.82 per barrel, while Brent crude inched up 0.24% to hover around $68.82.
FII, DII data
Foreign and domestic institutional investors showed buying interest in Indian equities on July 10. According to provisional data from the NSE, Foreign Portfolio Investors (FPIs) made net purchases worth Rs 221 crore, while Domestic Institutional Investors (DIIs) stepped up buying with net inflows of Rs 591 crore.
Gold rate today
Gold prices went up in early Friday’s trade. As per Goodreturns, today, 10 grams of 24-carat gold rate today is Rs 98,410, while 22-carat gold costs Rs 90,210. For those preferring 18-carat gold, the price is Rs 73,810 for the same weight.
Top sectors in Thursday’s trade
Glass, leather, and electronics stocks were among the top sectoral performers in the market on July 11. The glass sector led the pack with a 1.31% rise in market cap. Key gainers among glass stocks include Borosil Renewables up 5.6%,. Saint-Gobain Sekurit India and La Opala RG edged higher as well.
The leather sector stocks also saw a smart rally and so did the electronics stocks.
Among metals, Iron and steel stocks also posted a positive move. The cables sector too moved higher
Best and worst performing business groups
Shares of several business groups saw movement on July 11. Kirloskars Group led the pack with a 3.49% jump in market cap. Kirloskar Oil Engines led the gains, surging 10.41%. G G Dandekar Properties followed with a 4.29% rise, while Kirloskar Ferrous Industries gained 2.96%. Kirloskar Brothers also moved up, registering a 1.55% increase.
Jaypee Group surged 3% and Somany Group was up 2.35%. DCM Group also posted 1.58% gain.
On the other hand, Emami Group and Bharti Group declined in trade on July 11.