The Indian stock market today continued its upward momentum. The Sensex gained 0.36% to close at 84,058.90, while the Nifty50 rose 0.35% to 25,637.80. This marks the fourth consecutive session of gains, supported by foreign inflows and strong global cues. Investors showed confidence amid easing geopolitical tensions and robust domestic demand.

📊 Sector Performance Highlights

Banking & Financials

The banking sector saw a mixed day. Private banks faced mild pressure from profit booking, while PSU banks led with gains around 1.2%.

IT

IT stocks gained nearly 0.8%, helped by expectations of global rate cuts and renewed investor interest in large-cap tech.

Auto

The auto index ended slightly positive. Midcap auto players outshined larger peers, hinting at broader cyclical strength.

Pharma

Pharma names held ground, with select stocks trading above key moving averages and gaining investor attention.

Metals & Oil & Gas

Metal stocks climbed nearly 1%, aided by global commodity demand. Oil & gas also posted over 1% gains with renewed momentum in energy prices.

📈 Top 5 Gainers & Losers

Top Gainers

• Asian Paints: +3%
• UltraTech Cement: +2%
• Vedanta: +2.5%
• Hindustan Copper: +2.5%
• Mahindra Lifespace: +2%

Top Losers

• HDFC Bank: –1%
• ITC Ltd: –0.33%

💹 FII/DII Net Flows

Foreign Institutional Investors (FIIs) recorded a net inflow of approximately ₹1,397 crore, continuing their buying streak. Meanwhile, Domestic Institutional Investors (DIIs) registered a net outflow of around ₹589 crore.

On a month-to-date basis, FIIs are net buyers by over ₹8,300 crore, and DIIs by ₹69,000 crore, reflecting solid institutional participation.

🌎 Key Macro-Economic & Global Drivers

• Global markets strengthened amid easing geopolitical risk.
• A weakening US dollar supported metal and energy stocks.
• Expectations of rate cuts by the US Fed encouraged risk-on sentiment.
• Heavy promoter selling (~₹1 lakh crore over two months) has created supply but is being absorbed by strong demand.
• The RBI’s dovish tone and stable inflation outlook continue to bolster equities.

🔍 What to Watch Next

• Q1 corporate earnings season starting next week.
• RBI’s next monetary policy and inflation projections.
• Ongoing promoter stake sales and their market impact.
• Movement in global bond yields and geopolitical developments.
• July outlook from key domestic brokerages, many of which are optimistic on Nifty highs.

🔗 Useful Links

Explore upcoming IPO opportunities at NextIPOIndia.

For monetary policy updates, visit the Reserve Bank of India.