But all this lasted for a few minutes, as the Sensex and Nifty indices started falling from 9.30 am. As of 10.30 am, the Sensex index is trading at 83,385.77 points down by 156.84 points. Similarly, the Nifty index is trading at 25,420 points down by 57.60 points. Tata Steel, Bajaj Finance, adani Enterprises, Axis Bank, adani Ports, IndusInd Bank, Hindalco, and ONGC were among the top gainers in the morning trade on July 10. Similarly, stocks like Wipro, Infosys, Apollo Hospitals, Cipla, Bharti Airtel, tcs, HDFC, and BEL were among the losers. As TCS's quarterly results are to be announced today, IT services stocks have been affected in today's trade. With TCS' quarterly results, the season of releasing the first quarter results of the current financial year is about to begin. As many important companies are going to release their quarterly results in a row this month, there may be a hitch in stock market investment throughout this month. In global trading, the S&P 500 index rose 37.74 points, or 0.61%. Similarly, the Dow Jones Industrial Average index rose 217.54 points, or 0.49%. The Nasdaq Composite index also rose significantly by 192.88 points, or 0.94%. In Asian trading today, the Hang Seng index rose 17.83 points, or 0.07%. The KOSPI Composite index rose 28.82 points, or 0.92%. Japan's Nikkei 225 index fell 253.87 points, or -0.64%. At the same time, Australia's S&P/ASX200 rose by about 52.20 points, or about 0.61%. Siddhartha Khemka, Head of Research, Motilal oswal Financial services, said that while the Nifty Pharma index ended higher on July 9, 2025, this reflected the easing of investor fears after the US postponed its plan to impose a 200% tax on pharmaceutical imports by 12-18 months. Meanwhile, in IT stocks, Tata Consultancy services (TCS) is eyeing the first quarter financial results for the financial year 2026 to be announced on Thursday, July 10, 2025. tcs is expected to report a quarterly revenue decline of 0.5% in constant currency terms, and EBIT margin levels could be impacted by the company's investment in employees, lower utilization, and operating profit," it said.
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