Market Today Thu 2 Jul 2026
02 Jul
10,113
1d streak
July 2026
AI summary
Nifty and Sensex both rose ~0.7% today, with IT stocks leading gains as TCS jumped 4.45% ahead of Q1 earnings and the sector climbed 4.64%.
Rupee opened firmer at 94.95 after RBI support but remained range-bound; USD/INR rose 0.47 pts as global markets weighed mixed signals from US Fed commentary.
Realty sector surged 5.5%, signaling renewed appetite for real estate; Textile stocks also outperformed on trade deal optimism and shifting sourcing patterns.
Banking stocks lagged with PSU Bank down 1.12% and private banks like Axis and Kotak in red; DII inflows of ₹3,159 cr offset FII outflows of ₹1,141 cr.
Nifty 50
24,176
+0.71%
Open24,062
High24,195
Low24,059
Prev close24,006
52W high26,373
52W low22,183
Sensex
77,502
+0.75%
Bank Nifty
58,032
+0%
Sensex
77,502
+0.75%
Bank Nifty
58,032
+0%
🐂
Mood
Greedy
78/100 health
BearBull
FII / DII
FII net-Rs 312 Cr
DII net+Rs 1,784 Cr
Net flow+Rs 1,472 Cr
Market stats
Advances20
Declines17
VolumeRs 24,273 Cr
VIX12.29 — Low -- calm
7-session trend
4 green in last 7
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23
+
24
+
25
-
29
-
30
+
1
+
Now
Health score of 78 reflects a cautiously optimistic day: broad market gains led by IT and Realty, domestic support from DII, but tempered by banking weakness and lingering forex volatility tied to global rate uncertainty.
Gainers
INFY+5.82%
TECHM+4.57%
HCLTECH+4.56%
Losers
MAXHEALTH-1.05%
LT-0.87%
AXISBANK-0.69%
TCS+4.45%
BAJAJFINSV+3.42%
WIPRO+2.27%
ADANIPORTS+1.88%
TITAN+1.83%
M&M+1.82%
TATASTEEL+1.8%
NESTLEIND-0.56%
KOTAKBANK-0.47%
RELIANCE-0.47%
MARUTI-0.46%
TMPV-0.42%
SBILIFE-0.4%
BEL-0.35%
Sectors
Realty
+5.5%
IT
+4.64%
Consumer
+1.35%
FMCG
+1.35%
PSU Bank
-1.12%
Media
+0.62%
Pharma
+0.5%
Auto
+0.48%
Metal
+0.47%
Energy
+0.18%
Banking
+0%
Commodities & currency
Gold /10g MCX
Rs 125,045+0.22%
Silver /kg MCX
Rs 185,177+0.5%
USD/INR
95.39+0.5%
Today's events
RBI steps in to support rupee after three-week low; INR opens firmer at 94.95 but trades in narrow 5-paisa band
10:55 a.m. IST • Currency
TCS Q1 FY27 earnings and interim dividend announcement expected; stock up 4.45% in anticipation
Pre-market / during trading • IT Sector
Indian textile stocks outperform on trade deal optimism and shifting global sourcing patterns favoring India
Intraday • Textiles & Trade
Up next
US Jobs Data Release — Expected during US trading hours
Focus remains on US employment figures and Fed rate expectations, which will influence rupee direction and FII flows into Indian markets.
Yieldora insight
IT Stocks Surge on Earnings Season – Should You Lock in Gains?
With TCS and peers jumping 4–6% ahead of Q1 results and the IT sector up 4.64%, now is a good time to review your tech portfolio allocation. For investors sitting on gains, a Systematic Withdrawal Plan (SWP) can help you book profits gradually while staying invested in growth, especially given the rupee volatility and global rate sensitivity affecting IT earnings.
14%
Avg 12m return after similar dips
61%
Times market recovered within 6 months
8.3%
Below 52-week high right now
Based on Nifty 50 data 2010-2024. Past returns don't guarantee future results. Not investment advice.
Read the full 2-minute analysis
Why stocks moved, sector news, top headlines
Expand

Why stocks moved

Top Gainers
INFY (+5.82%) Read article
Infosys led IT sector gains as investors rotated into large-cap tech ahead of Q1 earnings season and on expectations of steady dollar revenue growth despite rupee strength.
  • IT sector rallied 4.64% on broader earnings optimism and recovery from prior weakness
  • Rupee stability (post-RBI support) reduces FX headwinds for dollar-earning IT exporters
TECHM (+4.57%)
Tech Mahindra followed sector momentum with a 4.57% gain as Q1 earnings season catalyzes investor confidence in IT services valuations.
  • Sector-wide tailwind from Q1 FY27 earnings expectations across IT majors
  • Global market recovery (Dow and S&P 500 gains) supports IT export demand outlook
HCLTECH (+4.56%)
HCL Technologies climbed 4.56%, riding the IT sector rally and expectations of margin expansion in the new fiscal year.
  • Participation in broader IT sector 4.64% surge on earnings optimism
  • Investor appetite for diversified IT services amid stable rupee and global demand signals
Top Losers
MAXHEALTH (-1.05%)
Max Healthcare declined 1.05% as investors rotated away from healthcare into higher-momentum sectors like IT and Realty amid profit-booking.
  • Sector underperformance (Pharma +0.5%) relative to IT and Realty gainers
  • Possible rotation out of defensive healthcare plays into cyclical rallies
LT (-0.87%)
Larsen & Toubro fell 0.87% as infrastructure and industrial heavyweights faced mild profit-taking despite broad market gains, reflecting weakness in capital goods cycle.
  • Lagging behind sector momentum despite Realty up 5.5% (related sector)
  • Possible macro concerns over capex cycle amid rupee volatility and global rate uncertainty
AXISBANK (-0.69%)
Axis Bank declined 0.69% as private banking stocks underperformed; PSU Bank index fell 1.12%, signaling investor caution on NPA trends and rate headwinds.
  • Banking sector lagged broader market; PSU Banks down 1.12% and private peers also weak
  • Potential concerns over loan growth momentum and deposit cost pressures amid rate cycle uncertainty

Sector news

Gaining Sectors
Realty (+5.5%) Read article
Real Estate sector surged 5.5%, the day's biggest gainer, as investors bet on stronger demand, new trade optimism, and potential infrastructure spending in the second half of the fiscal year.
  • Outperformance reflects renewed confidence in urban real estate and commercial property demand
  • Likely supported by easing rate expectations and liquidity from DII inflows
IT (+4.64%) Read article
Information Technology climbed 4.64% as major players like TCS, Infosys, and HCL jumped ahead of Q1 FY27 earnings, signaling investor confidence in profitability and guidance.
  • TCS up 4.45% on anticipated Q1 results and dividend; sector-wide earnings optimism
  • Rupee stabilization post-RBI intervention reduces currency headwinds for dollar-earning exporters
Consumer (+1.35%)
Consumer sector edged up 1.35% on stable demand outlook and sector diversification, though gains were muted relative to cyclical plays.
  • Steady but modest uptick reflecting defensive positioning and stable consumption trends
  • Underperformance vs. IT and Realty suggests investor shift toward higher-growth sectors
Declining Sectors
PSU Bank (-1.12%)
PSU Bank index declined 1.12%, the day's worst performer, as large-cap public sector lenders faced profit-taking and concerns over asset quality cycles amid shifting rate expectations.
  • Weakness reflects investor caution on loan growth momentum and NPA trends post-earnings
  • Rate uncertainty and competitive deposit-gathering pressures weigh on margins

Top headlines

Rupee Opens Higher on RBI Support but Remains Range-Bound Read article
The Indian rupee traded in a narrow 5-paisa band at 94.95 per USD after Reserve Bank intervention, as global markets await US jobs data for clues on Fed rate trajectory.
  • RBI stepped in to arrest three-week slide in rupee; currency opened firmer but consolidated gains
  • USD/INR rose 0.47 pts to 95.39, reflecting lingering uncertainty over US monetary policy
Indian Textile Stocks Outperform on Trade Deal Optimism Read article
Indian textile suppliers to global retailers are beating the broader market as investors bet on new trade agreements and shifting sourcing patterns away from China and toward India.
  • Suppliers of T-shirts, bedding, and apparel to Gap, Walmart gaining on favorable export trends
  • Trade deal optimism coupled with rising geopolitical tension supporting India's competitiveness
TCS Shares Jump 4.45% Ahead of Q1 FY27 Earnings and Dividend Read article
Tata Consultancy Services rallied as investors anticipate strong Q1 results and an interim dividend announcement, signaling robust IT services demand and profitability.
  • TCS stock reached ₹2,041.10, up 2.95% intraday, on earnings optimism and sector momentum
  • IT sector climbed 4.64% overall as large-cap tech majors prepare earnings disclosures
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Data for informational purposes only. Not investment advice. Sources: NSE, BSE, AMFI, MCX. Yieldora.in