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Full issue · 2026-07-03

Market Pulse: 3 July 2026 - Pre-Market Update

Market Pulse - Friday, 3 July, 2026
Nifty 24,175.7 (+0.71%) • FII Sold ₹472 Cr
Market Pulse Friday, 3 July, 2026
Market Snapshot
📊
Nifty 50
24,175.7
+0.71%
📈
Sensex
77,502.12
+0.75%
🏦
Bank Nifty
58,031.65
+0.00%

Indian markets rose modestly today, buoyed by lower oil prices stemming from US-Iran talks, which eased inflationary concerns. The IT sector saw significant gains, driven by news of Meta's strategic focus on India. However, global AI concerns and geopolitical tensions in Hormuz introduce potential volatility, particularly affecting tech and energy sectors. Despite FII and DII outflows, positive sentiment prevailed due to the Adani-IHC aluminium project announcement, which boosted metals and infrastructure stocks.

The Big Story
📰 FEATURED

IHC, Adani announce $11.5bn aluminium project in Odisha, India

MetalsInfra

Consider long-term investment in Adani and related infrastructure stocks.

WHY IT MATTERS
The large investment in aluminium by Adani and IHC will boost the metals and infrastructure sectors.
Quick Takes
global macro • negative
Asian stocks slip on AI woes, oil extends drop
Expect volatility in tech and energy stocks; consider defensive plays.
Read full report →
india macro • positive
Regulatory Changes and Digital Models Propel India's Alternative Lending Market Expansion
Invest in fintech and banking stocks leveraging digital lending growth.
Read full report →
commodities • positive
Indian shares open higher as oil prices drop on US-Iran talks
Consider energy and auto stocks as oil prices decline.
Read full report →
sector • positive
Meta’s WhatsApp Shakeup Could Put India at the Center of Its Next Growth Push
Potential growth opportunity in digital and telecom sectors; consider exposure.
Read full report →
global macro • negative
Trump accuses Iran of unprovoked drone attack on ships in Hormuz: 'Foolish violation of ceasefire agreement'
Expect potential volatility in energy stocks and monitor crude oil prices.
Read full report →
markets
First Tick: Top global cues to watch in today's trade
Stay informed on global developments to anticipate market movements.
Read full report →
FII / DII Activity
FII/FPI
Sold
₹472 Cr
DII
Sold
₹306 Cr

FIIs sold ₹472 Cr, DIIs sold ₹306 Cr today.

Market Breadth

Advances: 980 · Declines: 738 · A/D Ratio: 1.33

Broad-based rally with strong market participation

Sector Performance
IT
+4.6%
Realty
+1.4%
Auto
+1.2%
Metal
+0.9%
Media
+0.7%
FMCG
+0.6%
Pharma
+0.5%
Fin Services
+0.2%
Infra
+0.1%
Bank
-0.0%
Energy
-0.1%
PSU Bank
-0.4%

IT, Realty led gains while Energy, PSU Bank underperformed. Mixed sector performance today.

Technical Levels
Nifty 50
Support 24,176 / 24,176
Resistance 24,176 / 24,176
Bank Nifty
Support 58,032
Resistance 58,032

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

Global Cues

 |  S&P Futures: +0.10%

Global cues mixed; expect range-bound opening

Commodities & Forex
Gold
₹1,45,723
-0.02%
Silver
₹2,33,200
-0.04%
USD/INR
Rs 95.38/USD
+0.00%
Macro / Economic Events
📌 1 earnings results expected
📌 US Fed Interest Rate Decision
Looking Ahead
👀 US Fed Interest Rate Decision
Corporate Actions
ICICI Prudential
MF acquires additional 1% stake in AWL Agri Business for Rs 234 crore
Coal India
Coal India's June supplies to power sector rise 5.9% on strong electricity demand
PolicyBazaar
Temasek to sell $200 million stake in Policybazaar via block deal
Earnings Calendar
A2Z Infra Engineering
3 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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