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Full issue · 2026-07-01

Market Pulse: 1 July 2026 - Pre-Market Update

Market Pulse - Wednesday, 1 July, 2026
Nifty 23,865.75 (-0.34%) • FII Sold ₹1,293 Cr
Market Pulse Wednesday, 1 July, 2026
Market Snapshot
📊
Nifty 50
23,865.75
-0.34%
📈
Sensex
76,478.67
-0.33%
🏦
Bank Nifty
57,542.9
-0.32%

The Indian stock market experienced a slight downturn today, influenced by global geopolitical tensions and a cautious approach due to a potential shift in US monetary policy. The conflict in Iran and global technology advances contributed to increased volatility, affecting energy and IT sectors. Despite the UK-India Free Trade Agreement's potential for growth, investor sentiment was tempered by the Federal Reserve's hawkish stance under Chairman Kevin Warsh, which could tighten global liquidity, impacting the Banking sector in India.

The Big Story
📰 FEATURED

India cuts windfall tax on diesel, raises petrol tax from July

EnergyAuto

Energy and auto sectors may see cost benefits; monitor for stock reactions.

WHY IT MATTERS
Reduction in diesel tax could lower costs for transport and logistics sectors.
Quick Takes
india macro • positive
"UK-India Free Trade Agreement will be India's most comprehensive agreement so far": Piyush Goyal at UK-India Week 2026
Expect increased trade opportunities and sectoral growth.
Read full report →
global macro • mixed
Iran war and AI boom drive wild ride on global markets
Prepare for volatility in IT and energy stocks due to geopolitical and tech sector dynamics.
Read full report →
india macro • positive
Centre clears Rs 1.25 lakh crore outlay for India Semiconductor Mission 2.0, reports CNBC-TV18
Expect long-term growth in semiconductor and tech infrastructure sectors.
Read full report →
global macro • negative
Citadel Securities Warns of ‘Shifting Landscape’ Under Warsh Fed
Prepare for potential volatility in banking and IT sectors due to global monetary policy shifts.
Read full report →
global macro • positive
India, Japan may take the dollar out of trade payments with yen-rupee settlement plan
Potential boost for trade-related sectors; watch for policy developments.
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markets • positive
Analysis-Global funds revisit Indian stocks as oil, rupee risks recede
Positive FII inflows could support market rally; consider increasing exposure to Indian equities.
Read full report →
FII / DII Activity
FII/FPI
Sold
₹1,293 Cr
DII
Bought
₹771 Cr

FIIs sold ₹1,293 Cr, DIIs bought ₹771 Cr. DIIs providing support against FII selling.

Market Breadth

Advances: 781 · Declines: 917 · A/D Ratio: 0.85

Selective selling - index down but many stocks up

Sector Performance
Realty
+1.3%
Pharma
+0.4%
Auto
+0.2%
Infra
+0.1%
Energy
+0.1%
Fin Services
-0.2%
Metal
-0.2%
Bank
-0.3%
FMCG
-0.7%
PSU Bank
-0.7%
Media
-0.8%
IT
-2.7%

Realty, Pharma led gains while Media, IT underperformed. Mixed sector performance today.

Technical Levels
Nifty 50
Support 23,740 / 23,614
Resistance 24,041 / 24,216
Bank Nifty
Support 56,993
Resistance 58,175

Nifty is in sideways trend. Trading below 200 DMA suggests caution. Short-term momentum is positive.

Global Cues

 |  S&P Futures: +0.35%

Global cues mixed; expect range-bound opening

Commodities & Forex
Gold
₹1,42,546
+0.01%
Silver
₹2,26,961
-0.04%
USD/INR
Rs 94.65/USD
+0.00%
Macro / Economic Events
📌 2 earnings results expected
📌 US Fed Interest Rate Decision
Looking Ahead
👀 US Fed Interest Rate Decision
Corporate Actions
Kotak Mahindra
Bank to buy Deutsche Bank’s India retail, wealth business for Rs 282 crore
Earnings Calendar
Vikas Ecotech
1 Jul
Dipna Pharmachem
1 Jul

DISCLAIMER

This newsletter is for informational and educational purposes only. It is not investment advice. Markets are subject to risks, and past performance is not indicative of future results. Consult a registered financial advisor before making investment decisions. We are not registered investment advisors with SEBI or any other regulatory body.

AI DISCLOSURE: Some analysis is generated using AI technology and curated by our editorial team.

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