Indian equity benchmarks closed lower after a volatile trading session on Thursday, with the Nifty settling around the 25,400 mark. At the close, the Sensex declined 170.22 points or 0.20 per cent to end at 83,239.47, while the Nifty slipped 48.10 points or 0.19 per cent to 25,405.30. The market breadth was nearly balanced, with 1,947 stocks advancing, 1,912 declining, and 154 remaining unchanged.

Apollo Hospitals, Hero MotoCorp, Dr. Reddy’s Laboratories, ONGC, and Maruti Suzuki emerged as the top gainers on the Nifty. On the flip side, SBI Life Insurance, Kotak Mahindra Bank, Bajaj Finance, JSW Steel, and Bajaj Finserv were among the major laggards.

The BSE Midcap index ended largely unchanged, while the Smallcap index edged up by 0.5 per cent.

Sectorial Update

Among sectoral indices, metal, realty, and PSU banks declined by around 0.5 per cent each. In contrast, pharma, media, oil & gas, auto, and consumer durables posted gains ranging between 0.3 per cent and 1 per cent.

Sundar Kewat, Technical and Derivatives Analyst, Ashika Institutional Equity, "The Nifty index opened flat at 25,505 on Thursday, slipping to an intraday low of 25,384 before rebounding to touch a high of 25,587. However, the index witnessed renewed selling pressure from the day’s high during the second half of the session, ultimately ending on a subdued note. Sectorally, outperformance was seen in Media, Consumer Durables, Healthcare, and Automobiles, while notable weakness persisted in PSU Banks, Metals, and Realty stocks. The broader market mood remained cautious, as investors stayed on the sidelines ahead of the anticipated US-India trade agreement, keeping overall sentiment subdued."

Also Read: Gold Rate Today (July 3): Check Out Gold Prices In Delhi, Mumbai, Bengaluru, Ahmedabad, More Cities

Previous Trading Session