Stock market today: The Indian Equity Benchmark Index opened in red mark on Friday, July 11. The BSE Sensex opened at 82,820.76 below its previous closed 83,190.28 to 369.52 points or 0.44 percent. Similarly, NSE Nifty 50 is trading at a level of 25,355.25 to 99.75 points or 0.39 percent at 25,255.50 levels.
Increased pressure on IT stock
The apprehension about the tariff and the first quarter results are adopting the attitude of investment vigilance. The Sensex recorded a slight increase in early trade, but it is still falling at 82,998.62, while the Nifty is trading 44.55 points to 25,310.70. TCS, Infosys, Mahindra & Mahindra, Reliance Industries and HCL Tech recorded the biggest decline among the companies included in the Sensex. While Hindustan Unilever, ICICI Bank, Axis Bank and Asian Paints were included in the initial lead shares.
On Thursday, the Nifty-50 index fell 0.47 percent to close at 25,355.25. The bank Nifty was also closing at 56,956.00 by slipping 0.45 %. During this period, several major indices like IT, FMCG and Pharma were recorded. However, there was an edge in metal and realty. At the same time, there was a mixed attitude in the Asian market. While the closing bumper of the US stock market was rapidly. S&P 500 and Nasdaq Composite Index closed at high level.
There were signs of decline in stock market
As far as today, there are signs of decline in the stock market on Friday. According to The Mint’s report, according to the LKP Securities Senior Technical Analyst Roopak Dey, the support zone at the lower level is in the range of 25,250-25,200, while the resistance levels at the upper level are at 25,400 and 25,500. If we talk about the gift Nifty, it was trading around 25,277, which shows the decline of 144 points from the previous bandh of the Nifty Futures. Due to this, today the stock market is getting a gesture towards the negative start.
These stocks will be in focus
According to The Mint report, Sumit Bagadia, Executive Director of Choice Broking, Senior Manager of Technical Research at Anand Rathi, Ganesh Dongre and Prabhudas Liladhar, Senior Manager of Technical Research in Prabhudas Liladhar, Shiju Kuthaupalakkal, FSN e-commerce Ventures Limited (NYKAA) for today, SBI Life Insurance Company Limited, ICICI Prudential Life Insurance Company Limited, BF Utilities Limited, Habtown Limited and Paramount Communications Limited have recommended in eight stocks.

