Indian stock market today: 2 July 2026
Indian stock market benchmarks rallied for the second straight session on 2 July 2026, supported by easing crude oil prices, strong gains in IT stocks and sustained domestic buying interest. The BSE Sensex jumped around 579 points to close near 77,500, while the NSE Nifty 50 advanced about 170 points to finish around 24,175, reclaiming key psychological levels and signalling bullish sentiment in the near term.
The rally was led by heavyweight information technology counters, which staged a sharp rebound after recent consolidation. Index majors such as Infosys, TCS, Tech Mahindra and HCL Tech gained between about 4% and 6%, driving significant contribution to headline indices and improving risk appetite for growth and export-oriented themes. This sectoral strength came on the back of softer global crude prices, supportive global cues and hopes of resilient demand from key overseas markets
Beyond IT, buying was visible in consumer durables, auto, realty and commodity-linked stocks, with sectoral indices in each of these spaces closing over 1% higher. Midcap and smallcap indices also ended in the green, highlighting broad market participation and sustained interest from retail investors using online trading and investment apps to accumulate opportunities across the market cap curve. Market breadth remained positive, with more stocks advancing than declining on the BSE.
On the flip side, select banking, capital goods, industrials and power names saw profit-booking after recent outperformance, capping further upside in the benchmarks. Some private banks and large diversified conglomerates ended marginally lower, reflecting sector rotation rather than a change in the structural trend. Analysts noted that while IT-led gains provided strong support, intermittent consolidation in financials is healthy for the ongoing bull phase.
Source – the hindu
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Markets at Close
2nd July, 2026
Nifty holds above 24,150, Sensex climbs 550 points; IT stocks lead gains
Biggest Nifty gainers were Infosys, TCS, Tech Mahindra, HCL Technologies, Bajaj Finserv, while losers included Max Healthcare , L&T, Nestle, Axis Bank, Tata Motors Passenger Vehicles. Among sectors, IT index surged nearly 5%, snapping 4-day losing streak, while Auto, Realty, Consumer Durables, Metal up 1% each. On the other hand, Capital Goods, Power, Telecom PSU Bank down 0.3-0.7%. The Nifty midcap index added 0.5 percent and smallcap index rose 1.2 percent.
Rupee at Close
2nd July, 2026
Indian rupee ended lower by 15 paise at 95.39 per dollar on Thursday versus previous close of 95.24.
Source : moneycontrol
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FII’s & DII’s Activity on 2nd July, 2026
Net value in crores
| BUY | SELL | |
| DII | 1,784.40 | |
| FII | 311.82 |
Source : NSE
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NOTE: *** The above information is based on the source and just for information and educational purposes only. Please consult your financial advisor before buying any stocks. Thank You ***
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