| Market Pulse |
Thursday, 2 July, 2026 |
|
|
Market Snapshot
|
📊
Nifty 50
24,005.85
+0.59%
|
📈
Sensex
76,922.64
+0.58%
|
🏦
Bank Nifty
58,033.05
+0.85%
|
Indian markets experienced a positive uptrend driven by optimism around potential monetary policy shifts and significant government initiatives. The central bank's potential for a lower inflation target suggests possible future rate cuts, which spurred growth in growth-oriented sectors like FMCG and Realty. Additionally, the government's substantial investment in the semiconductor sector fueled positive sentiment in tech and infrastructure stocks. However, concerns about the rupee's persistent weakness and global inflationary pressures from the US remain a backdrop challenge.
|
|
|
The Big Story
|
📰 FEATURED
India central bank chief sees case for lower inflation target in long run
BankingFMCG
|
|
Potential for lower interest rates; positive for growth-oriented stocks.
WHY IT MATTERS
Lower inflation target could lead to more accommodative monetary policy, benefiting growth sectors.
|
|
|
|
Quick Takes
|
india macro • negative
|
|
Indian rupee weakness to persist despite RBI measures to bring in dollars
|
|
Monitor currency-sensitive stocks; potential pressure on import-heavy industries.
|
|
Read full report →
|
|
|
|
global macro • negative
|
|
Kevin Warsh: Fed will not be comfortable with inflation above 2%
|
|
Prepare for potential volatility in interest rate-sensitive sectors.
|
|
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 →
|
|
|
|
india macro • positive
|
|
RBI to take final decision on Tata Sons listing
|
|
Prepare for potential market shifts based on RBI's decision regarding Tata Sons.
|
|
Read full report →
|
|
|
|
global macro • mixed
|
|
Iran war and AI boom drive wild ride on global markets
|
|
Balance exposure between energy and tech sectors amid geopolitical and tech trends.
|
|
Read full report →
|
|
|
|
global macro • negative
|
|
Central banks just turned on the dollar for the first time
|
|
Monitor USD/INR for potential impacts on export-driven sectors.
|
|
Read full report →
|
|
|
|
|
|
FII / DII Activity
|
FII/FPI
Sold
₹32 Cr
|
DII
Sold
₹612 Cr
|
FIIs sold ₹32 Cr, DIIs sold ₹612 Cr today.
|
|
|
Market Breadth
Advances: 1019 ·
Declines: 703 ·
A/D Ratio: 1.45
Broad-based rally with strong market participation
|
|
|
Sector Performance
|
Realty
+3.6%
|
FMCG
+2.1%
|
Media
+2.1%
|
|
Auto
+1.1%
|
PSU Bank
+1.0%
|
Fin Services
+0.9%
|
|
Bank
+0.9%
|
Infra
+0.5%
|
Energy
+0.1%
|
|
Pharma
-0.6%
|
Metal
-1.0%
|
IT
-2.0%
|
Realty, FMCG led gains while Metal, IT underperformed. Mixed sector performance today.
|
|
|
Technical Levels
|
Nifty 50
| Support |
23,943 / 23,880 |
| Resistance |
24,165 / 24,325 |
|
|
Bank Nifty
| Support |
57,860 |
| Resistance |
58,456 |
|
Nifty is in sideways trend. Trading below 200 DMA suggests caution. Short-term momentum is positive.
|
|
|
Global Cues
| S&P Futures: +0.11%
Global cues mixed; expect range-bound opening
|
|
|
Commodities & Forex
|
Gold
₹1,44,389
-0.03%
|
Silver
₹2,30,100
+0.67%
|
USD/INR
Rs 95.24/USD
+0.00%
|
|
|
|
Macro / Economic Events
| 📌 |
1 earnings results expected |
|
|
| 📌 |
US Fed Interest Rate Decision |
|
|
| 📌 |
RBI to take final decision on Tata Sons listing |
|
|
|
|
|
Looking Ahead
| 👀 |
US Fed Interest Rate Decision |
|
|
|
|
Corporate Actions
|
Paytm
Paytm, DLF, L&T Finance among top stock picks by Ajit Mishra; here's why
|
|
|
|
|
Earnings Calendar
|
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.
Market Pulse
Daily market intelligence, delivered.
newsletter.harinext.com ·
Privacy Policy ·
Unsubscribe
|