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Sensex gains 579 points, Nifty ends above 24,150: 5 reasons why stock market rose today
Indian indices rose, Sensex up 579 pts, Nifty above 24,150, led by IT stocks, oil companies. Bank of Baroda fell on NMC Health settlement.
Top Gainers & Losers on 2 July: Zensar Tech, TCS, Coforge, Apollo Tyres, Bharat Forge, Anant Raj among top gainers
Dalal Street saw gains for the second consecutive day, driven by technology stocks and easing crude oil prices. Nifty 50 rose 0.71% to 24,175, while the Sensex gained 0.75% to 77,502. The Nifty IT index surged 4.5%, marking its biggest gain since January.
Vedanta Oil & Gas zooms 40% in 2 days; should you buy, hold or sell stock?
The average trading volumes on Vedanta Oil & Gas counter more than doubled with a combined 361 million equity shares changing hands on the NSE and BSE.
Indian Oil Corporation Ltd spurts 1.49%
Indian Oil Corporation Ltd is quoting at Rs 141.92, up 1.49% on the day as on 12:49 IST on the NSE. The stock is down 4.02% in last one year as compared to a 5.02% drop in NIFTY and a 9.03% drop in the Nifty Energy index.
INR seen supported by easing crude oil prices
The Indian rupee appreciated 26 paise to 94.90 against US dollar in early trade on Thursday, supported by easing crude oil prices. The rupee opened on a positive note as crude oil prices have fallen back to levels seen before the West Asia conflict. Brent crude slipped below $71 a barrel after signs of progress in indirect US-Iran talks eased concerns over India's inflation and import bill. Even global risk sentiment has stabilised compared to the panic witnessed a few weeks ago. Meanwhile, foreign investors poured nearly USD 5.3 billion into Indian bond markets during June, marking the first month of positive inflows after three consecutive months of outflows. Yesterday, rupee depreciated 67 paise to close near a three-week low of 95.23 against the US dollar. The BSE Sensex is trading up roughly 400 points at 77,321.07, while the NSE Nifty 50 has crossed the key psychological hurdle to trade at 24,129.75.
Stock Market Live Updates Today: BSE Sensex opens over 250 points up, Nifty50 above 24,050; crude oil prices continue to drop - The Times of India
Stock Market Live Updates Today: BSE Sensex opens over 250 points up, Nifty50 above 24,050; crude oil prices continue to dropThe Times of India
Stock markets today: Sensex, Nifty rally as crude oil prices decline, IT stocks gain - rediff.com
Stock markets today: Sensex, Nifty rally as crude oil prices decline, IT stocks gainrediff.com
Wall Street slips as AI stocks drag despite gains in consumer names and easing Treasury yields
Tech heavyweights led by Micron, AMD and Nvidia weighed on markets, while General Mills, Nike and Kroger advanced. Falling oil prices and softer manufacturing data helped ease inflation and rate concerns.
Stocks to buy or sell: Osho Krishan of Angel One suggests buying CDSL, Indian Hotels shares on 2 July
Indian stock indices Sensex and Nifty 50 rose on Thursday, boosted by falling crude oil prices after US-Iran negotiations. Nifty 50 gained 0.23%, while Sensex increased by 0.21%. Continued sideways trading seen, with key resistance at 24,100-24,200 and support at 23,850-23,800
Sensex jumps over 500 points, Nifty tops 24,150 as oil slips below $70/bbl on US-Iran peace talks
Indian stock markets saw a second day of gains, with Sensex and Nifty inching up as oil prices plummeted to $70 a barrel amid US-Iran peace talks. Tech stocks like Infosys led the charge, while broader markets also traded higher. Analysts point to falling crude, strong auto sales, and tapering FII selling as positive near-term drivers, though monsoon progress remains a watch point.
Brent crude oil bias may remain bearish-to-neutral in H2CY2026
Mohammed Imran, research Analyst at Mirae Asset Sharekhan has a bearish-to-neutral view on Brent through H2CY2026, with a base-case range of $68-72/bbl.
Asian Markets Today: Kospi Slides, Nikkei Extends Losses As Tech Selloff Deepens
Chip stocks remained under pressure after another weak session on Wall Street, while softer oil prices reflected easing supply concerns.