A screen showing Sensex is depicted at the Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: Reuters
Equity benchmark indices sense and Nifty climbed into early trade on Thursday (July 3, 2025), reflecting a positive trend in Asian markets, amid opinionism on the Indo-US trade deal.
Analysts said the American-Vietnam trade deal had a positive impact on domestic equity.
In the initial trade, the 30-chair BSE Sensex climbed 242.83 points 83,652.52. 50-Sare NSE Nifty rose 83.65 points to 25,537.05.
“US President Trump announced a trade deal to reduce Vietnam’s tariff from 46%to 20%, hoping that India’s effective tariff rate could be around 15–18%.
“Markets on Thursday waited for an important trigger to push the Nifty of 26,277.35 on the US June Nonform payroll data to push the Nifty of 26,277.35-a wow could revive the number fed rate cut expectations, while strong data could be slow,” Mehta Equisans, Senior VP (Research), Prashant Equivalent Litt.
From Sensx firms, Asian Paints, Tata Steel, Infosys, Mahindra and Mahindra, Anant and Tata Motors were among the greatest beneficiaries.
However, Kotak was among Mahindra Bank, Bajaj Finance, Trent and Bajaj Finswa, Legords.
Among the Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index and Shanghai’s SSE Composite Index were doing high business, while Hong Kong’s Hong Seng quoted Lower.
The American markets were mostly high on Wednesday (July 2, 2025).
VK Vijaykumar, Chief Investment Strategist, Jiojit Investments Limited said, “Nifty is likely to trade for some more time in the 25,200-25,800 range until the trigger breaks the trigger range. A positive trigger may come from a possible India-US trade deal to be announced in a few days.”
Global Oil Benchmark Brent crude declined by 0.77% to $ 68.58 per barrel.
According to exchange data, foreign institutional investors (FII) on Wednesday launched a price of ₹ 1,561.62 crore.
In the previous session, the BSE Sensex ended at 287.60 points or 0.34% less at 83,409.69. The Nifty fell by 88.40 points or 0.35%, settling at 25,453.40.
Published – July 03, 2025 10:34 AM IST
