On Wednesday, July 2, Indian benchmark indices ended in red, dragged down by heavyweight HDFC Bank and Larsen & Toubro. Nifty slipped below the 25,500 mark, with investors keeping a close eye on developments around U.S.-India trade negotiations as the deadline nears.
At the closing bell, the Nifty 50 ended down by 88.40 points or 0.35%, at 25,453.40. The Sensex jumped by 287.60 points or 0.34% to 83,409.69.
On the sectoral front, 5 out of 11 key sectors ended in positive territory. Meanwhile, broader indices like Smallcap and Midcap closed in red.
Among individual stocks,
The Nifty Metal Index surged by 1.37% on Wednesday, marking its second consecutive day of gains and hitting a fresh 9-month high. Tata Steel and SAIL gained over 3%. Meanwhile, the Nifty Realty Index fell by 1.47%.
The key drivers of the index gains were:
On the other hand, these stocks weighed on the index:
The broader market indices ended in red, the Nifty Midcap 100 index slipped by 0.14% and the Nifty Small-cap 100 index fell 0.41%.
As of July 2, 2025, the Indian stock market witnessed negative market breadth. Out of 3,028 stocks traded on the NSE, 1,205 advanced, 1,723 declined, and 100 remained unchanged.
A total of 65 stocks touched their 52-week highs, while 36 hit their 52-week lows. Additionally, 93 stocks were locked in their upper circuits, whereas 48 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.