Market Wrap, 7 July 2026: Sensex And Nifty 50 Settle Lower After Giving Up Early Gains

The Sensex and the Nifty 50 lost ground from morning highs at the end of the trading day on Tuesday. Lag in realty and chemical stocks pulled down benchmark indices. At the closing bell, the:

• Nifty 50 stood at 24,398.70, down 0.13%

• Sensex stood at 78,180.70, down 0.13%

Broader markets also ended in the red. The Nifty Midcap 100 index was down 0.30%. The Nifty Smallcap 100 index was down 0.55%. Sector-wise, the Nifty IT and Nifty Consumer Durables outperformed. However, the Nifty Realty declined (see table).

Nifty 50 Gainers And Losers

Stocks of the following companies were the top gainers and losers in the Nifty 50 index today:

Other Important Headlines

Some other headlines of today include:

• As per data, India's fuel consumption in June fell to 19.42 million metric tons, a drop of about 3.7% from a month earlier.

• India’s Unified Payments Interface (UPI) will soon be integrated with Indonesia’s payment system, facilitating business and travel between the two countries.

• Equity fundraising in India has crossed ₹1 lakh crore since April. It has more than doubled from the same period last year due to a revival in offers for sale, block deals and qualified institutional placements.

• The Securities and Exchange Board of India (SEBI) plans to facilitate investors to short stocks. The capital market regulator seeks to do this by doubling the number of shares eligible for lending and borrowing and cutting the requirement for collateral.

Gold And Silver Watch

Gold and silver traded lower on the Multi-Commodity Exchange (MCX), tracking weakness in the bullion market. At 15:37, gold August futures on the MCX stood at ₹1,45,384 per 10 grams, down 1.04%. September silver futures during the same time stood at ₹2,31,665 per kg, down 1.88%.

Industry watchers believe markets are likely to remain in the positive territory in the coming session if global cues remain positive and the situation in the Middle East does not erupt again. However, any fresh flare-up could trigger volatility across markets.

Also Read- Nifty 50 Top Gainers and Losers Today, July 7: Infosys, HCLTech Among Top Movers; Trent Leads Losers