Indian Stock Market News Today – 02 July 2025
The Indian stock market ended lower on July 2, 2025, amid global trade tensions. The Nifty 50 fell 88.40 points (–0.35%) to close at 25,453.40, while the Sensex dropped 287.60 points (–0.34%) to 83,409.70.
IT and metal stocks offered some support, but financials and FMCG dragged the market. Weakness in HDFC Bank and Bajaj Finserv weighed heavily. Broader markets also declined, with midcaps and smallcaps under mild pressure.
The rupee slipped to ₹85.64/USD, and eyes remain on the July 9 U.S. tariff decision. On the IPO front, HDB Financial Services listed at a 13% premium, keeping investor sentiment steady despite market caution.
Indian Stock Market News Today – Index Closing Closing
- BSE Sensex: 83,409.70(+287.60 pts / –0.34%)
- NSE Nifty 50: 25,453.40(+88.40 pts / –0.35%)
- Rupee: ₹85.68/ $ (majboot, gaining 0.3%)
- Crude Oil: $68.81 per barrel (Middle East tensions ease)
- Gold : Per 10 grams ₹98,890
Indian Stock Market News Today – Market Summary (02 July 2025)
- Indian Stock Market News Today witnessed a cautious trading session, with Sensex and Nifty 50 closing in the red amid global uncertainty. Investors booked profits in key sectors like banking and FMCG, while IT and metals offered limited support to broader indices.
- Corporate actions shaped the day’s movement. HDB Financial Services made headlines after its strong IPO debut, opening at a 13% premium and attracting significant institutional attention. Meanwhile, investor interest continued to build for the upcoming Anthem Biosciences IPO, expected to be one of the largest pharma listings of the year.
- On the downside, IndusInd Bank and Bajaj Finserv led losses in financials, dampening sector sentiment. Selling pressure intensified after Goldman Sachs issued a downgrade note, affecting broader banking performance.
- Indian Stock Market News Today also captured increased interest in gold. Prices remained elevated at ₹98,890 per 10g (24K) and ₹90,650 for 22K, as global uncertainties pushed investors toward safe-haven assets. Crude oil prices softened slightly to $66.01 per barrel, helping ease inflation concerns for oil-dependent sectors.
- Volatility indicators stayed steady. The India VIX hovered around 13.70, indicating low fear and stable sentiment as the market prepares for Q1 earnings season and key macro releases.
- Global markets traded mixed. While Wall Street indices closed higher overnight, Asian peers showed cautious optimism. European stocks opened flat as investors awaited corporate earnings.
- To conclude, Indian Stock Market News Today underlines that all eyes are now on key July triggers:
- The U.S. tariff deadline (July 9)
- Progress of the monsoon
- Key IPO listings like the Anthem Biosciences IPO
- Corporate earnings announcements
- These factors are expected to guide market direction in the days ahead.
Indian Stock Market News Today – Top 5 Gainers
| Stock | % Gain/Change |
|---|---|
| Tata Steel Ltd. | 3.72% |
| Infosys Ltd. | 0.11% |
| JSW Steel | 1.3% |
| UltraTech Cement | 1.0% |
| Maruti Suzuki | 1.0% |
- Tata Steel Ltd.
- As per Indian Stock Market News Today, Tata Steel surged by +3.72% to ₹165.90, driven by strong trading volume and optimism in global steel demand. The stock outperformed peers like SAIL and Vedanta, reflecting positive sentiment in the metal sector amid rising infrastructure activity.
- JSW Steel Ltd.
- JSW Steel rose 1.3%, boosted by rallying global steel futures and bullish cues from Chinese economic data. Traders responded to improving export demand and strong domestic production forecasts.
- UltraTech Cement Ltd.
- UltraTech Cement gained 1.0% after analysts upgraded their ratings based on higher cement dispatches and seasonal demand. Indian Stock Market News Today highlights rising construction activity as a major tailwind for the cement sector.
- Maruti Suzuki India Ltd.
- The stock advanced by 1.0%, supported by strong June auto sales data and better-than-expected rural market performance. Falling input prices and favorable monsoon projections also contributed to bullish momentum.
- Infosys Ltd.
- Infosys edged up 0.11% to ₹1,609.90. As per Indian Stock Market News Today, the IT major attracted steady institutional interest, despite overall market weakness, thanks to expected strong earnings and increased global outsourcing deals.
Indian Stock Market News Today – Top 5 Nifty Losers
| Stock | % Drop/Change |
|---|---|
| IndusInd Bank Ltd. | –2.85% |
| Bajaj Finserv Ltd. | –2.3% |
| Sigachi Industries Ltd. | –5% |
| HDFC Bank Ltd. | –1.9% |
| ITC Ltd. | –1.4% |
- IndusInd Bank Ltd.
- According to Indian Stock Market News Today, IndusInd Bank declined by –2.85%, closing at ₹1,440.30. The fall came after a bearish brokerage report flagged rising provisioning risks and margin pressure. Weak quarterly loan growth also weighed on investor sentiment.
- Bajaj Finserv Ltd.
- Bajaj Finserv dropped –2.3% amid broad-based selling in the financial sector. The stock faced pressure from rising bond yields and concerns over Q1 results. Indian Stock Market News Today noted that heavyweight financials dragged down benchmark indices.
- Sigachi Industries Ltd.
- The stock fell nearly –5% after a reported fire incident at its Telangana unit, halting production temporarily. The event spooked investors and raised operational risk concerns, triggering heavy sell-off in the counter.
- HDFC Bank Ltd.
- HDFC Bank declined by –1.9%, closing at ₹1,637. Weak net interest margin expectations and FII outflows impacted sentiment. As mentioned by Indian Stock Market News Today, large-cap banks continued facing headwinds due to tightening global liquidity.
- ITC Ltd.
- ITC slipped by –1.4%, affected by concerns over rising input costs and muted rural demand recovery. The FMCG-major’s underperformance stood out on a day when consumer stocks saw selective profit-booking.
Indian Stock Market News Today – Final Takeaway
Indian Stock Market News Today closed on a cautious note as benchmark indices dipped amid global uncertainties and profit booking. The highlight of the day was the HDB Financial Services IPO, which made a strong debut with a 13% listing premium, reflecting solid investor interest.
Buzz also surrounds the upcoming Anthem Biosciences IPO, expected to raise ₹3,395 crore through an offer for sale. This high-profile listing has become a key focus for pharma investors.
Meanwhile, the rupee weakened to ₹85.68/USD, gold held firm at ₹98,890/10g, and crude oil stayed near $66/bbl, offering some relief to inflation-sensitive sectors.
With the U.S. tariff decision and Q1 earnings on the horizon, Indian Stock Market News Today suggests markets may remain volatile, and investors should stay selective.