In the initial trade, the 30-chair BSE Sensex climbed 236.56 points to 83,933.85. file. , Photo Credit: Reuters
The benchmark Indices Sensex and Nifty held a rally in early trade on Wednesday (July 2, 2025) amidst optimism around a possible trade agreement with the US.
Buying in IT blue-chip shares also increased equity markets during the initial trade.
In the initial trade, the 30-chair BSE Sensex climbed 236.56 points to 83,933.85. The 50-Sare NSE Nifty rose 66.3 points to 25,608.10.
Sensex firms, infosys, tech mahindra, tata steel, sun pharma, tata consultancy services and Tata motors were among the largest beneficiaries.
However, Bajaj Finserv, Asian Paints, Bharat Electronics and Bajaj were among the Finance Legords.
A monthly survey stated that India’s manufacturing growth in June increased to 14 months high in June with output and new orders in June, with a record update in employment, a monthly survey said on Tuesday.
Massively adjusted HSBC India Manufacturing Purchase Manager Index – an indicator of the Sector Performance -57.6 in May.
Vikas Jain, head of research of Reliance Securities, said, “The market is expected to open on a positive note, supported by strong domestic signals such as 14 months high level construction PMI, a narrow trade deficit, and optimism around a possible trade agreement with the US,” Vikas Jain, the head of Reliance Securities, said in his pre-marks ideas.
The gross GST collection increased by 6.2% to more than 1.84 lakh crores in June, but slipped from the mark of ₹ 2 lakh crore recorded in the last two months. According to government data released on Tuesday, GST MOP-up was ₹ 1.74 lakh crore a year ago.
“After 24,500-25,000 range, the Nifty has moved to the new range of 25,200-25,800. A positive business deal between India and America can help break the upper limit of the positive news limit, but it will be difficult to maintain the Nifty at a high level for a long time. A surprisingly for the American economy and corporate earnings, which is a stunning investment, which is a stunning investments, the main investment, the main investment, the viorkumar. The strategist, Geogit Investments said.
In the Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index and Shanghai’s SSE Composite Index were doing less trading, while Hong Kong’s Hong Seng Index quoted the high.
The American markets ended on a mixed note on Tuesday.
Global Oil Benchmark Brent crude traded 0.06% at $ 67.15 per barrel.
According to exchange data, foreign institutional investors (FII) on Tuesday raised up and downs at a price of ₹ 1,970.14 crore.
In the last trading session, Sensex rose 90.83 points or 0.11% to 83,697.29. The Nifty closed 24.75 points or 0.10% at 25,541.80.
Published – 02 July, 2025 10:58 am IST
