Indian Market Updates - 2026-07-02

Latest Status

Indian equities rally on IT surge and auto momentum

- **Bias:** positive - **Index close:** The Nifty closed higher, gaining 171.7 points or 0.72% to settle at 24,177.55, while the Sensex closed higher, gaining.

  • Nifty and Sensex closed higher, gaining over 0.7% each.
  • IT sector surged nearly 3%, led by Infosys up 5.8%.
  • Exide Industries gained 7.5% reflecting auto sector strength.
  • Tata Technologies rose 6.4% on partnership expansion.
  • Broad market showed a risk-on character.

Nifty

24,177.55

▲ +171.70 (+0.72%)

Sensex

77,502.12

▲ +579.48 (+0.75%)

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Timeline

Pre-Market

Positive Opening Bias Meets IT Sector Caution

- Bias: positive - Key signal: GIFT Nifty +0.62% - Main driver: Market Opening Sentiment - Secondary driver: IT Sector Profit Warning - Market texture: mixed.

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Drivers

  • Market Opening Sentiment
  • IT Sector Profit Warning
  • Commodity and GST Impact

Sectors

  • Energy
  • Auto
  • It
  • Banking
  • Financial Services

Tags

  • pre-market
  • nifty
  • sensex
  • indian markets
  • market update
  • crude oil

Opening Bell

Indian Equities Open Higher, IT Sector Leads Gains

- **Bias:** Bullish sentiment at the open - **Opening move:** Indices moved upward - **Gap vs previous close:** Nifty opened with a modest gain of 0.23% -.

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Tags

  • opening bell
  • nifty
  • sensex
  • indian markets
  • market update

Mid-Market 1:00

India Equities Mid-Session: IT Rebound Lifts Indices Amidst Sectoral Divergence 1:00 PM

- **Bias:** Positive - **Index move:** Nifty 50 up 0.53% and Sensex up 0.52% - **Breadth:** Mixed, with IT sector leading gains.

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Tags

  • mid market
  • nifty
  • sensex
  • indian markets
  • market update

Closing Bell

Indian Equities Close Higher Driven by IT Sector Strength

- **Bias:** positive - **Index close:** The Nifty closed higher, gaining 171.7 points or 0.72% to settle at 24,177.55, while the Sensex closed higher, gaining.

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Tags

  • closing bell
  • nifty
  • sensex
  • indian markets
  • market update