Daily Market Wrap

July 14, 2025

Global 1D % 3M % 1Y % Global Equities Trend Negative

Indices – 11 July Chg Chg Chg
• Cues from the US markets came in negative on Friday after US President
announced 35% tariffs on Canadian imports, adding to trade uncertainty.
DJIA -0.63 10.34 11.62

Nasdaq -0.22 23.09 12.59

Source: Financial websites Indian Equity
• Indian equity benchmarks ended lower on Friday weighed down by the
disappointing first-quarter earnings, US tariffs on Canada and concerns over
Indian 1D % 3M % 1Y %
possible sanctions on Russia.
Indices –11 July Chg Chg Chg
• Top losers were TCS, Mahindra & Mahindra, Bajaj Auto, Wipro and Hero
BSE Sensex -0.83 9.77 3.26 MotoCorp, down 2.37-3.43%.

Nifty 50 -0.81 10.17 3.43 • Top gainers were HUL, SBI Life Insurance, Axis Bank, Kotak Mahindra and
IndusInd Bank, up 0.70-4.62%.
Nifty Bank -0.35 11.28 8.58

BSE MidCap -0.65 14.94 -2.78

Indian Debt
BSE 500 -0.80 11.88 0.52
• The interbank call money rate ended higher at 5.00% on Friday compared to
Source: BSE, NSE 4.90% on Thursday.
• Government bond prices ended higher on Friday as weekly auction data
released by the RBI showed better-than-expected demand for debt.
Rs. 000 Cr FII Inv MF Inv DII Inv • The yield of the new 10-year benchmark 06.33% GS 2035 paper ended
(Equity) 10 July 9 July 11 July lower at 6.30% on Friday compared to 6.32% on Thursday.

Net 0.8 0.7 3.5

MTD 3.0 4.9 11.1 Other Market Trends

FII Inv & DII Inv Source: NSDL, NSE MF Inv Source: SEBI • The rupee ended lower against the US dollar on Friday, after the US
FII Inv: Data with 1-day lag announced 35% tariff on imports from Canada.
• Crude oil prices rose by $1.88 to $68.45 a barrel on the NYMEX as the
International Energy Agency raised supply worries with US tariffs and
1Y
Debt Market Indicators 11 July possible Russia sanction concern.
Ago

Repo Rate 5.50% 6.50%

MF News & Developments
91-Day T-bill* 5.38% 6.72%

1 Y G-Sec 5.58% 6.92% • Samco Mutual Fund has announced that Mr. Pankit Shah has been appointed
as a Chief Business Officer on the Board of the Trustee Company with effect
2 Y G-Sec 5.66% 6.92% from July 08, 2025.
o Details of Mr. Pankit Shah,
3 Y G-Sec 5.82% 6.92%
o Age: 39
5 Y Corp Bond 6.68% 7.55% o Designation: Chief Business Officer
10 Y Gilt* 6.30% 6.98% o Qualification: CA Accounting Technician, CWA – 8(th) rank
WIRC & 52(nd) All India Rank
10 Y AAA Corp Bond Spreads 0.54% 0.39%
o Experience: 17 years
* Weighted average yield • Groww Mutual Fund has announced change in fund manager under the
following scheme, With effect from 14 July 2025
• Change in Fund Manager:
Other Market
11 July 1 Y Ago % Chg
Indicators Name of the Existing Fund New Fund
Scheme(s) Manager(s) Manager(s)
USD 85.85 83.56 -2.74

NYMEX Crude Oil Groww ELSS Tax

68.45 82.62 -17.15 Mr. Anupam Tiwari Mr. Paras Matalia
($/bbl) Saver Fund

Gold (Rs/10 gm)# 97511 72563 34.38 • Bank of India Mutual Fund has announced change in scheme name under the
following schemes, with effect from July 22, 2025.
#ibjarates spot prices Source: Financial Websites, IBJA
• Change in the name of the Scheme:

Existing Scheme Name Revised Scheme Name

Bank of India Bluechip Fund Bank of India Large Cap Fund

Bank of India Large & Mid Cap Equity Bank of India Large & Mid Cap
Fund Fund

Other News
• The RBI said India's forex reserves dropped by $3.049 billion to $ 699.736
billion in the week ended July 4.
• Finance Minister Nirmala Sitharaman said the need of the hour is to have
globalisation that is tempered to the local needs and a capitalism with a level
of humanism.
• Union Minister H D Kumaraswamy launched the first scheme to provide
customer facing incentives on purchase of electric trucks of up to Rs 9.6 lakh
per vehicle as part of the government's PM E-DRIVE initiative.

Disclaimer: Although the information contained herein is believed to be reliable, State Bank of India makes no representation as to the a ccuracy or completeness of any information contained herein or otherwise provided by State Bank of
India. The ultimate decision to proceed with any transaction rests solely with you. State Bank of India is not acting as your advisor or agent. Therefore, prior to entering into any proposed transaction, you should determine, without reliance
upon State Bank of India or its affiliates, the economic risks and merits, as well as the legal, tax and accounting characterizations and consequences, of the transaction, and independently determine that you are able to assume these risks.
This document and its contents are proprietary information and products of State Bank of India and may not be reproduced or otherwise disseminated in whole or in part without our written consent unless required to by judicial or administrative
proceeding.
 Daily Market Wrap
July 14, 2025

• The Unique Identification Authority of India (UIDAI) has implemented stricter

rules for Aadhaar enrolment and updates, introducing real-time document
verification and cross-database checks.
• Chief Minister Pema Khandu has said multiple hydro-power projects with an
investment of over Rs 1 trillion are underway in Arunachal Pradesh to
produce 18,000 MW of power.
• The Reserve Bank of India (RBI) clarified that loans sanctioned by banks
against the voluntary pledge of gold and silver as collateral, up to the
collateral-free limit, will not be considered a violation of the central bank’s
guidelines on collateral.
• NLC India is planning to invest Rs 1.25 lakh cr by 2030 to expand its
capacity from the existing 6.7 gigawatt to 20 gigawatt.
• RPP Infra secured orders worth Rs 365.85 crore in Rajasthan.
• Juniper Green Energy announced that it has fully commissioned the 217-
MWp solar project in Chapalgaon, Maharashtra with the addition of 71 MWp
capacity at the plant.
• Software Technology Parks of India (STPI) and Indian Institute of Corporate
Affairs (IICA) partnered through an MoU to boost capacity building, research,
and advocacy.
• Siemens secured two orders worth Rs 773 crore for providing advanced
signalling and telecommunication technologies for Nagpur Metro Rail from
Mahrashtra Metro Rail Corporation.
• Nipponply Industries plans to invest Rs 250 crore over the next three years
to ramp up production for exports, develop e-commerce infrastructure, and
establish warehousing and design centres.
• Titagarh Rail Systems Ltd secured a 40-acre land parcel on lease from the
West Bengal government for Rs 126 crore to boost production of Vande
Bharat and metro coaches.
• VinFast signed a strategic agreement with India’s BatX Energies to recycle,
recover and repurpose high-voltage EV batteries.

Disclaimer: Although the information contained herein is believed to be reliable, State Bank of India makes no representation as to the a ccuracy or completeness of any information contained herein or otherwise provided by State Bank of
India. The ultimate decision to proceed with any transaction rests solely with you. State Bank of India is not acting as your advisor or agent. Therefore, prior to entering into any proposed transaction, you should determine, without reliance
upon State Bank of India or its affiliates, the economic risks and merits, as well as the legal, tax and accounting characterizations and consequences, of the transaction, and independently determine that you are able to assume these risks.
This document and its contents are proprietary information and products of State Bank of India and may not be reproduced or otherwise disseminated in whole or in part without our written consent unless required to by judicial or administrative
proceeding.