Pre-Market 1 July 2026: Sensex Fell 250 Points, Nifty Ended At 23,865; GIFT Nifty Signals Recovery

Traders head into the first session of July after a weak finish to June, with both the Sensex and Nifty ending lower on Tuesday.

The Sensex closed at 76,478.67 on 30 June, down 249.70 points. The Nifty 50 ended 80.50 points lower at 23,865.75. Selling pressure in large-cap IT stocks, fresh foreign fund outflows and concerns around the delayed progress of the southwest monsoon kept sentiment in check.

Why Did The Market End Lower On 30 June?

The market gave up its early gains as weakness in heavyweight technology stocks dragged the benchmarks lower.

Among the biggest drags on the Sensex were Infosys, Tata Consultancy Services, HCL Tech and Tech Mahindra. ITC and Hindustan Unilever shares also ended lower. On the other hand, Maruti Suzuki, Titan, Bajaj Finance and Eternal provided some support.

Foreign institutional investors remained sellers. According to exchange data, FIIs offloaded equities worth ₹1,350.10 crore on Monday.

The rupee weakened further against the US dollar and settled at 94.65, down 15 paise from the previous close. Brent crude also edged higher, rising 0.23% to $73.32 per barrel.

How Did Global Markets Perform After Indian Market Hours?

Wall Street headed towards the end of the June quarter with gains intact, even as investors continued to monitor developments overseas.

On 30 June, the Dow Jones Industrial Average closed at 52,319.20, up 136.46 points. The S&P 500 gained 58.93 points, or 0.79%, to 7,499.35, while the Nasdaq Composite advanced 393.58 points, or 1.52%, to 26,213.72.

US equities were supported by expectations of easing monetary conditions later in the year and continued resilience in corporate earnings.

Asian markets delivered a mixed performance on 30 June. Japan's Nikkei 225 rose 594.21 points to 70,062.32. Hong Kong's Hang Seng fell 145.66 points to 22,881.02, while Singapore's Straits Times declined 38.10 points to 5,170.65.

European markets traded higher. The FTSE 100 was up 12.90 points at 10,497.12, while France's CAC 40 gained 36.66 points to 8,403.99.

GIFT Nifty

The GIFT Nifty traded at 24,047.00, up 42.50 points or 0.18%, as of 30 June 2026, 21:31 IST. The futures contract was trading above Nifty's closing level of 23,865.75, indicating a mildly positive start for domestic equities on Wednesday.

Key Technical Levels For Nifty

Support levels

• 23,800-23,750

• 23,700-23,650

Resistance levels

• 24,100

• 24,500

Analysts say the 23,800-23,850 zone remains a crucial area for the index as it coincides with the 20-day and 50-day exponential moving averages. Holding above this range could support a move towards 24,200. A sustained rise above 24,100 may strengthen momentum further.

If Nifty slips below the support band and stays there, traders could turn their attention to the 23,700-23,650 zone.

Also Read - Market Wrap, 30 June 2026: Sensex And Nifty 50 End In Red

What Should Investors Watch Today?

Movements in crude oil prices and the rupee could influence sentiment through the session along with FII activity and the delayed monsoon.

Global investors are assessing a strong finish to the June quarter on Wall Street, while domestic traders will watch whether Nifty can hold above key support levels after two consecutive days of losses.