Market commentary: Indian equity markets rose steeply in the last 40 minutes today

Indian equity markets rose sharply in the last 40 minutes of trading today, 8^th July, 2025. This may be because of markets sniffing a Indo-US trade deal soon.   Nifty 50 ended the day, up by 61.20 points or 0.24%. Sensex ended the day, up by 270.01 points or 0.32%.

Top gainers & losers

Top gainers at Nifty 50 today were Kotak Bank, Eternal and Asian Paint. Top losers were Titan, Dr. Reddy’s, Bajaj Auto.

Small cap and mid cap stocks saw some selling today. Among broad market indices, Nifty Smallcap 100 index was the top loser today. It ended the day, down by 0.29%. Nifty 100 index was the top gainer today. It ended the day, up by 0.29% . Some large cap stocks saw buying demand today.

Pharma stocks saw some selling pressure

Among sectoral indices, Nifty Pharma and Nifty Healthcare indices were the top losers today. Both ended the day, down by 0.89%. Pharma stocks saw selling today because of the risk of higher US import tariffs on products of Indian pharma companies. USA is the biggest market for generic drugs of Indian pharma companies.

Nifty Realty index was the top gainer today. It ended the day, up by 0.99%. Stocks of private banks also gained. Stocks of many public sector banks saw selling due to profit booking. Nifty Private Bank index ended the day, up by 0.66%.

Market breadth remained negative

Market breadth remained negative. 1352 stocks gained during the day. 1564 stocks declined. 108 stocks remained unchanged. 56 stocks touched new 52-week highs today. 40 stocks touched 52-week lows.

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Source: NSE