Market Wrap: Nifty and Sensex Close in Red, Cables Sector Shines
By ScanX News Team
Indian stock markets ended slightly negative on Wednesday, with Nifty 50 at 25,476.10 (-0.18%) and Sensex at 83,536.08 (-0.21%). Cables sector outperformed (+4.94%), while Education sector declined (-2.48%). Influx HealthTech surged 20% on new facility news. Market breadth remained positive with 2,251 advances vs 2,135 declines out of 4,386 traded scrips.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets closed on a slightly negative note on Wednesday, July 9, 2025, with both benchmark indices, Nifty 50 and BSE Sensex, ending in the red. The overall market sentiment remained mixed throughout the trading session.
The Nifty 50 index closed at 25,476.10, down 46.40 points or 0.18% from the previous close. Similarly, the BSE Sensex ended at 83,536.08, registering a decline of 176.43 points or 0.21%.
Sectoral Performance
Top Performing Sectors
- Cables (+4.94%)
- Diamond, Gems and Jewellery (+2.03%)
- Aviation (+1.19%)
- Automobiles (+0.77%)
The Cables sector emerged as the star performer of the day, showing significant strength with an average percentage change of 4.94%.
Top Losing Sectors
- Education (-2.48%)
- Engineering Services (-1.22%)
- Energy (-1.14%)
- Metals & Mining (-0.75%)
- Printing & Stationery (-0.57%)
The Education sector faced the most pressure, declining by an average of 2.48%.
Buzzing Stocks
Influx HealthTech Ltd was in the spotlight today, with its stock price surging by 20% to close at ₹173.70. The company announced the commencement of operations at a new manufacturing facility in Thane, with plans to expand its tablet granulation lines. This strategic move aims to boost the company's production capabilities in the pharmaceutical sector.
Market Breadth
The overall market breadth remained slightly positive:
| Category | Number of Scrips |
|---|---|
| Total Traded | 4,386 |
| Advances | 2,251 |
| Declines | 2,135 |
Conclusion
In summary, the Indian stock markets closed marginally lower on July 9, 2025, with mixed sector performance. While the Cables sector showed remarkable strength, Education and Engineering Services sectors faced significant pressure. The market breadth remained slightly in favor of the bulls, with more advancing stocks than declining ones.
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