Indian Stock Market Today | The Indian equity benchmark indices ended on a positive note on Thursday, July 2, 2026. Sentiment improved as strong buying emerged in IT stocks, helping Nifty move above 24,150 and Sensex close higher by nearly 580 points.

Markets witnessed a firm session with broad-based buying across IT, Auto, Realty, Consumer Durables, Metals and FMCG. Bank Nifty stayed almost flat as weakness in select banking names capped gains.

At the Closing Bell:

• BSE Sensex: Rose 579.48 points to close at 77,502.12 (+0.75%)
• Nifty 50: Gained 169.85 points to settle at 24,175.70 (+0.71%)
• Nifty Bank: Ended at 58,031.65 (-1.40 pts / Flat)

Why Did the Indian Stock Market Rise Today?

1. Sharp Rebound in IT Stocks

The biggest driver of today's rally was the strong recovery in IT stocks after recent weakness. Heavyweights like Infosys, TCS, Tech Mahindra and HCLTech witnessed aggressive buying, helping the Nifty IT index surge over 4.5%.

2. Falling Crude Oil Boosted Market Sentiment

Brent crude remained below the $71/barrel mark following encouraging developments in indirect US-Iran talks. Lower crude prices improve India's inflation outlook and reduce pressure on the fiscal deficit, supporting equity markets.

3. Positive Global Cues

Global risk sentiment improved after easing geopolitical concerns and softer bond yields. While several Asian markets remained volatile, Indian equities outperformed on the back of domestic strength and renewed buying in export-oriented sectors.

4. Broad-Based Buying Across Sectors

Apart from IT, investors accumulated Auto, Realty, Consumer Durables, Metal and FMCG stocks, indicating healthy market participation beyond index heavyweights.

Market Overview – Sector & Stock Action Summary

Indian markets witnessed broad-based buying throughout the session, led by a sharp recovery in IT stocks. Realty, Consumer Durables, Auto and Metal sectors also contributed strongly to the rally, while Energy remained the only major sector to close in the red.

Key Sector Performance Snapshot

• IT: +4.64% → Strong rebound led by Infosys, TCS, Tech Mahindra & HCLTech.
• Realty: +1.45% → Continued buying across real estate stocks.
• Consumer Durables: +1.43% → Healthy gains across consumer-focused companies.
• Auto: +1.21% → Broad-based strength in automobile stocks.
• Metal: +0.88% → Positive momentum amid improving risk appetite.
• FMCG: +0.56% → Defensive buying continued.
• Pharma: +0.50% → Selective accumulation in healthcare stocks.
• Financial Services: +0.24% → Mixed performance as banking stocks remained range-bound.
• Energy: -0.15% → Mild profit booking.

Top Gainers

• INFY: +5.64% → Strong buying after recent correction.
• TECHM: +4.34% → IT sector rebound lifted the stock.
• TCS: +4.31% → Continued recovery in large-cap IT.
• HCLTECH: +4.24% → Strong institutional buying.
• BAJAJFINSV: +3.23% → Financial heavyweight supported market gains.

Top Losers

• MAXHEALTH: -1.10% → Profit booking after recent gains.
• LT: -0.81% → Marginal decline amid sector rotation.
• TMPV: -0.53% → Mild selling pressure.
• NESTLEIND: -0.52% → Defensive FMCG stock saw limited profit booking.
• AXISBANK: -0.45% → Weakness among select private banks kept Bank Nifty flat.

Technical Analysis: Nifty & Bank Nifty Levels

NIFTY 50: Opened 57 points higher at 24,062, reached a high of 24,194 and closed at 24,175.

• Immediate Support: 24,100
• Immediate Resistance: 24,300

BANK NIFTY: Opened 101 points higher at 58,134, reached a high of 58,395 and closed at 58,031.

• Immediate Support: 57,800
• Immediate Resistance: 58,200

World Markets, Crude & Gold Prices

Global Equities:
Global markets traded mixed, with Asian markets under pressure due to tech weakness, while European markets edged higher as defensive sectors supported gains. Investors remained cautious ahead of key US jobs data and central bank commentary.

Crude Oil:
Brent crude traded around $70.56 per barrel, down 0.27% as easing US-Iran tensions and improved oil flows reduced supply disruption concerns. Oil prices remained weak for the third straight session.

Gold Prices:
Gold traded around $4,066.52 per ounce, up 0.87%, supported by selective safe-haven buying despite mixed global risk sentiment. Reuters market data showed gold near $4,069.70.

Turn Market Insights into Action

Discover stocks, analyze opportunities and trade securely in your own broker account with Liquide. Get expert trade setups from our research desk along with real-time market tracking and commentary.

You can also get instant stock insights and answers to your queries using LiMo, our AI-powered stock assistant.

Download the Liquide App now from the Google Play Store and Apple App Store.

This document has been issued by Liquide Solutions Private Limited for information purposes only and should not be construed as

i) an offer or recommendation to buy or sell securities, commodities, currencies or other investments referred to herein; or

ii) an offer to sell or a solicitation or an offer for the purchase of any of the baskets of Liquide Solutions; or

iii) investment research or investment advice. It does not have regard to specific investment objectives, financial situation and the particular needs of any specific person who may receive this document. Investors should seek personal and independent advice regarding the appropriateness of investing in any of the funds, securities, other investment, or investment strategies that may have been discussed or referred to herein and should understand that the views regarding future prospects may or may not be realized. In no event shall Liquide Life Private Limited and/or its affiliates or any of their directors, trustees, officers and employees be liable for any direct, indirect, special, incidental or consequential damages arising out of the use of information/opinion herein.