Markets Stay Steady: Mumbai, July 1, 2025: The Indian stock market wrapped up Tuesday’s session on a positive note, showing resilience despite a day of cautious trading. Buoyed by global optimism and a strong showing from PSU banking stocks, the S&P BSE Sensex edged up 90.83 points (0.11%) to close at 83,697.29, while the NSE’s Nifty50 inched higher by 24.75 points (0.10%) to settle at 25,541.80.
Big Players Shine, Keep Market Afloat
The day belonged to heavyweights like Apollo Hospitals, which soared 3.63%, and Bharat Electronics, up 2.7%, alongside Reliance Industries (1.75%). These gains helped the indices stay in the green. The Bank Nifty also joined the party, rising 0.26% to 57,459.45, powered by strong performances from IDFC First Bank, Federal Bank, and AU Small Finance Bank. However, not all stocks shared the enthusiasm—Nestle India (-2.22%), Axis Bank (-2.14%), and Shriram Finance (-1.53%) dragged the indices down.
Investors’ Moves: Domestic Buyers Step Up, Foreign Funds Take a Breather
Data from the exchanges showed domestic institutional investors (DIIs) flexing their muscles, snapping up equities worth ₹3,497.44 crore. Meanwhile, foreign institutional investors (FIIs) were in a selling mood, offloading ₹831.50 crore worth of stocks on Monday. This tug-of-war reflects the confidence of local investors keeping the market steady.
Global Markets: A Mixed Bag with US Optimism
Across the globe, markets painted a varied picture. Wall Street continued its record-breaking streak, with the S&P 500 and Nasdaq hitting all-time highs on Monday, fueled by hopes of progress in US trade talks. The S&P 500 surged 10.57% and Nasdaq jumped 17.75% for their best quarter in over a year.
In Asia, optimism around US trade deals lifted markets, but Japan’s Nikkei 225 stumbled 1.25% to 39,986.33 after US President Donald Trump hinted at new tariffs. Meanwhile, China’s Shanghai Composite rose 0.39% to 3,457.75, and South Korea’s Kospi gained 0.58% to end at 3,089.65.
Market Pulse: A Snapshot of the Action
- NSE Trading: Of the 3,020 stocks traded, 1,491 advanced, 1,452 declined, and 77 remained unchanged, signaling a slightly positive market breadth.
- Milestones: 96 stocks hit their 52-week highs, while 24 touched one-year lows. Additionally, 119 stocks soared to their upper circuit limits, and 43 hit their lower circuits.
- Market Cap: NSE-listed firms clocked a total market capitalization of ₹459.23 lakh crore.
- Volatility: The India VIX dropped 2.01% to 12.53, hinting at calmer waters.
Broader Market: Midcaps Edge Up, Smallcaps Dip
The Nifty Midcap 100 index crept up 0.01% to 59,750.05, while the Nifty Smallcap 100 slipped 0.10% to 19,055.70. Apollo Hospitals stole the spotlight, hitting a 52-week high amid its reorganization plans, sparking buzz among investors.
What’s Next?
With domestic investors holding the fort and global markets sending mixed signals, all eyes are on upcoming US Federal Reserve moves and India’s economic data. Can the market maintain its steady climb, or is a twist waiting around the corner? Stay tuned!
