Stock Market Update 2 July 2026: Sensex Gains Over 350 Pts; Nifty 50 Above 24,100

Most Indian stock market indices were trading higher after market opening on Thursday, 2 July 2026.

At around 9:21 AM, the Sensex was up by 370 points (0.48%) to trade at 77,293.18. The Nifty 50 was also up by 101 points (0.42%) to trade at 24,106.85.

Notably, both indices ended Wednesday’s trading session on a positive note. At the market close, the Sensex stood at 76,922.64, up 0.58%. The Nifty 50 stood at 24,005.85, up 0.59%.

How Other Indices Are Performing?

Not just the Sensex and Nifty 50, but most other indices were also trading higher during early trade on Thursday.

At around 9:21 AM, Bank Nifty was up by 0.19% to trade at 58,141.10. The Nifty Financial Services index was also up by 0.31% at 26,882.05.

Most sectoral indices, including the Nifty Auto (up 0.52%%), Nifty Pharma (up 0.15%), Nifty FMCG (up 0.11%), and Nifty Metal (up 0.82%) were also trading in the green. Nifty IT (up 3.21%) witnessed the biggest spike due to strong buying in technology stocks. Nifty PSU Bank (down 0.3%) was the only index in the red.

Top Gainers And Losers

The overall market breadth was neutral during early trade. Approximately 6 shares were trading in the green, whereas 2 shares were in the red. 4,250 shares remained unchanged.

The top gainers on Nifty were Infosys, HCL Tech, TCS, Tech Mahindra and Eternal.

The top losers were NTPC, Power Grid Corp, Bajaj Finance, Bharti Airtel and ONGC.

What About The Global Markets?

Global markets gave mixed cues on Thursday.

• S&P 500 futures rose 0.2% as of 10:48 AM Tokyo time.

• Japan’s Topix rose 1%.

• Australia’s S&P/ASX 200 was little changed.

• Hong Kong’s Hang Seng rose 1.7%.

• The Shanghai Composite fell 0.7%.

• Euro Stoxx 50 futures rose 0.2%.

Developments Shaping The Market

• US-Iran Peace Talks: There were reports that peace talks between the US and Iran in Doha have made positive progress. The negotiations are being focused on who will control the Strait of Hormuz.

• Rupees Open Higher: The Indian National Rupee (INR) opened higher at 94.95 per US dollar on Thursday. The previous close was at 95.15.

• Oil Prices Slip: As vehicular movements in the Strait of Hormuz improved, oil prices continued to remain low. Brent crude is trading near $70 per barrel, hovering around a 4-month low.

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Investor Takeaway

The Indian stock markets are on their road to recovery after a few months of volatility due to the Middle East war. Analysts believe domestic indices are likely to maintain their upward gradual momentum as geopolitical tensions continue to ease and optimism grows. For Thursday, investors can maintain a stock-specific approach, with a focus on certain sectors.