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Stock Market Today: Today is a period of decline from the global market to the domestic market on the first trading day of the week amid the announcement in the time limit of new rates of tariffs from the US. As soon as the market opened on Monday 7 July 20025, the 30 -digit Sensex fell down 100 points on BSE, while the Nifty 50 on NSE is also trading around 24450.
Here, IndusInd Bank introduced weak business updates for the first quarter. Its bank loan and deposit have seen more than 3 percent decline on an annual basis. Whereas if we talk about Bank of India, then its loan has increased 11 percent and domestic deposits have increased by 10 percent.
These stocks boom
Today, the products of Godrej consumer jumped 5 percent of the stocks that are being seen in the stocks, the stock of borosil renubles has also risen 4 percent. FMCG’s stocks are also seen to be strong. Dabur and Godrej consumer stocks are seeing a 4 to 5 percent increase. While HUL has also climbed 2 percent.
Asian market declines
There was a decline attack in the Asian market, while the American market also looked slipping. Nikkei of Japan fell 0.26 percent, while South Korea’s Kospi also came down by 0.48. Australia’s ASX 200 though remained stable. While Nasdaq 100 futures fell by 0.42 percent. Similarly, Dow Jones Industrial Average Fuser also fell 0.32 percent. S&P 500 also saw a decline of 0.39 percent.
This month, quarterly results of many companies are coming, which will directly see the impact on the stock market. Tech Mahindra on 16 July, HCL Tech on 14 July and DiMart on 11 July will announce their quarterly results.
1 percent declines in crude oil
Here, US President Donald Trump has changed the deadline for the tariff. According to Finance Minister Scott Besant in the US government, the countries that have not done the trade deal with the Trump administration will be put on new tariff rates from August 1. Here, after the approval of OPEC+ countries to increase the production of crude oil, its price has declined by one percent. Crude oil will now produce more than 5.48 lakh barrels daily.
