Nifty 50: How the Benchmark Index Performed on July 2nd:
Indian equities extended their gains on 2 July, with Nifty 50 closing at 24,175.70, up 169.85 points (+0.71%), after trading in 24,058.80–24,194.55. The benchmark sustained buying interest throughout the session and ended near the day’s highs, while Sensex advanced about 555 points (+0.72%) to 77,477.87. Positive global cues and softer crude oil prices boosted investor sentiment, with IT emerging as the standout performer (+4.64%), supported by strong gains in large-cap technology stocks. Broader participation remained healthy as Auto (+1.21%), Realty (+1.45%), Consumer Durables (+1.43%), Metals (+0.88%), FMCG (+0.56%), Healthcare (+0.56%) and Oil & Gas (+0.44%) also closed higher, while PSU Banks (-0.43%) were the only notable laggards. Market breadth remained firmly positive, with 2,226 stocks advancing against 1,145 declining, and 81 remaining unchanged, reflecting broad-based buying across sectors.
