Market Meltdown: Sensex, Nifty Suffer Third Straight Day of Losses
Indian equity markets continued their downward spiral on Friday, July 11, 2025, with the Sensex and Nifty recording their third consecutive day of losses. The benchmark indices slumped by nearly 1%, mirroring a global trend of uncertainty.
IT, auto, and energy sectors bore the brunt of the sell-off, with significant declines across major players. Tech giant TCS’s latest earnings announcement failed to impress investors, further dampening sentiment.
Adding to the pressure were lingering concerns over potential tariff hikes and mixed signals from global markets. This volatile environment created a cautious atmosphere among investors.
However, not all sectors experienced losses. Hindustan Unilever Limited (HUL) bucked the trend, seeing a rise in its share price following the announcement of its new CEO.
The continued market downturn raises concerns about the broader economic outlook and underscores the need for investors to carefully assess their portfolios in the face of global uncertainties. The impact on consumer spending and investment decisions in the coming weeks will be crucial to watch.
