Markets surrendered most of their opening gains by mid-session on July 1, with the Sensex trading marginally higher at 83,682.99, up 76.53 points or 0.09 per cent from the previous close of 83,606.46. The Nifty 50 index stood at 25,536.60, registering a modest gain of 19.55 points or 0.08 per cent.

The benchmark indices had opened on a positive note with the Sensex rising to 83,685.66 and maintained a narrow trading range throughout the morning session. Market breadth remained largely balanced with 1,890 stocks advancing against 1,968 declining issues on the BSE, while 173 stocks remained unchanged out of 4,031 traded securities.

Healthcare sector emerged as the top performer with Apollo Hospitals leading the gainers chart, rising 2.91 per cent to ₹7,453.00. Defence stock BEL gained 2.34 per cent to ₹431.35, while Reliance Industries climbed 1.89 per cent to ₹1,529.00. Jio Financial Services advanced 1.32 per cent to ₹331.05, and IndusInd Bank rose 1.25 per cent to ₹883.00.

Banking stocks weighed on the indices with Axis Bank declining 2.35 per cent to ₹1,171.00, emerging as the top loser. Nestle India fell 2.08 per cent to ₹2,414.10, while Eicher Motors dropped 1.42 per cent to ₹260.40. Shriram Finance declined 1.20 per cent to ₹698.40, and Trent slipped 0.98 per cent to ₹6,156.50.

Market volatility remained elevated with 144 stocks hitting 52-week highs and 37 touching 52-week lows. The session witnessed 241 stocks in the upper circuit and 149 in the lower circuit, indicating mixed sentiment across different segments.

Sectoral performance showed divergent trends with Nifty Bank gaining 0.14 per cent to 57,393.35, while Nifty Financial Services declined 0.24 per cent to 27,109.90. The broader markets underperformed with Nifty Midcap 100 falling 0.28 per cent to 59,573.80 and Nifty Next 50 dropping 0.17 per cent to 68,877.80.

Trading volumes remained robust across major stocks with BEL recording the highest turnover of ₹115,785.11 lakh, followed by Apollo Hospitals at ₹99,113.78 lakh and Reliance Industries at ₹90,456.61 lakh.

The market’s subdued performance comes despite positive global cues and strong opening momentum, suggesting cautious investor sentiment amid ongoing concerns over earnings growth and upcoming key economic data releases. Traders continue to monitor developments in global trade negotiations and upcoming auto sales numbers for further market direction.

More Like This

Published on July 1, 2025