Mumbai: Indian equity benchmarks ended lower on Thursday, July 3 amid weak global cues and sectoral pressures. The Nifty 50 fell by 48.10 points to settle at 25,405.30, down 0.19%. The index touched an intraday high of 25,587.50 and a low of 25,384.35 before closing marginally off its opening mark of 25,505.10.
Nifty Next 50 declined by 373.95 points (-0.54%) to 68,355.85
Nifty Financial Services ended at 26,734.90, down 126.80 points (-0.47%)
Nifty Bank was also under pressure, losing 207.25 points (-0.36%) to settle at 56,791.95
🔼 Top Gainers
Despite the market downturn, a few stocks delivered stellar performances:
Symbol
LTP
Change
%Change
Volume (Lakh)
Value (₹ Cr)
DELPHIFX
₹234.66
+₹39.11
+20.00%
9.69
₹21.77
DCMSHRIRAM
₹1,474.90
+₹237.00
+19.15%
83.28
₹1,154.49
SAKSOFT
₹229.22
+₹29.48
+14.76%
188.92
₹421.08
CAPTRU-RE
₹0.08
+₹0.01
+14.29%
0.01
₹0.00
QPOWER
₹743.00
+₹73.45
+10.97%
30.48
₹218.38
DCMShriram’s massive value surge of over ₹1,150 crore underpinned the day’s top-performing stocks.
🔻 Top Losers
Several mid and small-cap stocks saw deep cuts during the session:
Symbol
LTP
Change
%Change
Volume (Lakh)
Value (₹ Cr)
INFIBE-RE
₹4.42
-₹2.07
-31.90%
202.26
₹8.90
STYLEBAAZA
₹295.00
-₹26.75
-8.31%
18.08
₹56.71
RPPL
₹24.70
-₹1.93
-7.25%
1.13
₹0.29
GATECHDVR
₹0.64
-₹0.04
-5.88%
248.43
₹1.59
MEGASTAR
₹269.25
-₹15.95
-5.59%
0.39
₹1.09
INFIBE-RE plunged over 31%, emerging as the worst performer of the day with heavy volumes, signaling potential investor panic.
📊 Market Outlook on July 3
Volatility remains a concern as investors weigh global interest rate cues and domestic economic data. Analysts recommend a cautious approach with selective buying in sectors showing strength such as energy and manufacturing.