Nifty last close: 24141.95 (+0.55%)
Benchmark indices Nifty and Sensex ended just shy of their new record highs
IT and FMCG index saw a sharp rally in the trading session on July 1
Nifty was up 0.55 percent at 24,142
Sensex was up 0.56 percent at 79,476
Top Nifty gainers included Tech Mahindra, Wipro, Bajaj Finance, UltraTech Cement and Grasim
while losers were NTPC, Eicher Motors, Dr Reddy’s Labs, SBI and Apollo Hospitals
Among sectors, except power, PSU Bank and realty, all other indices ended in the green
IT index rose nearly two percent
The broader indices hit a fresh record high
midcap and smallcap index adding more than 1 percent each
NMDC cuts iron ore lump prices by ?500 to ?5,950/tonne from ?6,450/tonne
Atul Auto Total sales up 107.4% at 2,628 units vs 1,267 units (YoY)
L&T wins another offshore order from ONGC worth up to ?2,500 crore
Foreign institutional investors (FIIs) sold equities worth Rs 426 crore on July 1
while domestic institutional investors bought equities worth Rs 3,917.43 crore
US markets ended higher on July 1
Dow gained 0.13%, Nasdaq rallied 0.83% and S&P500 ended 0.25% higher
Nasdaq posts a record close
Tesla rallied 6% after the strong sales
Apple hits new all time high and rallied 3%
US 10-year yield rises to 4.45% ahead of Fed chair Powell’s speech
Crude rises 2 month hight to $87/bbl
Gold prices above $2320/oz
Dollar index near 106 mark
Asian markets were set to higher opening
Nikkei up 0.4% and Hangseng up 0.75%
Today’s Nifty supports and resistance levels will be post to my free telegram channel
Free telegram channel link is https://t.me/FlyingcallsArjun
Updated: 08.43 am / 02nd July 2024
