Indian benchmarks are expected to start the day on a negative note on Friday. Global cues, stock-specific action, and macro data will be the top factors that will give direction to the markets today.

Meanwhile, Trends on GIFT Nifty indicate a negative start for the broader index in India, with a loss of 116.5 points or 0.46 percent. The Nifty futures were trading around 25,287.50 level. Asia-Pacific markets traded mixed on Friday following US President Donald Trump's announcement of a 35 per cent tariff on Canadian goods starting August 1.

In the commodities market, Oil prices declined sharply by over 2 per cent amid concerns that the new US tariffs could hamper global economic growth and energy demand.

On Thursday, the 30-share benchmark index ended at 83190.28 down by -345.8 points or by -0.41 % and then NSE Nifty was at 25355.25 down by -120.85 points or by -0.47 %.

On the global front, S&P 500 closed at a record high on Thursday, rising 0.27 per cent to 6,280.46 and the Nasdaq Composite gained 19.33 points, or 0.09%, to 20,630.67. The Dow Jones Industrial Average gained 192.34 points, or 0.43 per cent, to close at 44,650.64.

Back home, Top traded Volumes on NSE Nifty – Bharat Electronics Ltd. 17914452.00, Tata Steel Ltd. 17566887.00, Eternal Ltd. 17136740.00, Jio Financial Services Ltd. 13973005.00, State Bank of India 12178137.00.

On NSE, total number of shares traded was 403.97 Crore and total turnover stood at Rs. 86650.23 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 100960 with a total turnover of Rs. 19503.80 Crore. Along with this total number of contracts traded in stock futures were 980035 with a total turnover of Rs. 67772.30 Crore.

Total numbers of contracts for index options were 247334827 with a total turnover of Rs. 47253925.28 Crore. and total numbers of contracts for stock options were 4137097 with a total turnover of Rs. 297771.60 Crore.

The FIIs on 10/07/2025 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 13786.15 Crore and gross debt purchased stood at Rs. 230.35 Crore, while the gross equity sold stood at Rs. 13113.95 Crore and gross debt sold stood at Rs. 303.82 Crore. Therefore, the net investment of equity and debt reported were Rs. 672.20 Crore and Rs. -73.47.