Nifty ended the last session with a modest gain of just 10 points, closing above the 24,450-mark. Reliance Industries (RIL) emerged as the top contributor to the index, even as Nifty Midcap and Smallcap indices witnessed profit-booking. The overall market breadth remained negative, reflecting broad-based weakness. Among sectors, Nifty FMCG was the top gainer, buoyed by Q1 updates, while Nifty IT and Metal indices were the biggest drags on the benchmark. This morning, global cues were largely lower after the Donald Trump administration announced new tariffs on 14 trading partners. US markets ended lower while Asia-Pacific markets were also subdued. Catch Lovisha Darad in conversation with Ruchit Jain, Vice President - Technical Research, Motilal Oswal Financial Services and Trideep Bhattacharya, President and CIO- Equities, Edelweiss MF.
first published: Jul 8, 2025 09:01 am
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