Stock Market Update 1 July 2026: Sensex Gains Over 150 Pts; Nifty 50 Above 23,900

Stock Market Update 1 July 2026: Sensex Gains Over 150 Pts; Nifty 50 Above 23,900

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The Indian stock market indices traded higher during early trade on Wednesday morning. Global markets, however, gave mixed cues amid lingering uncertainty over the US-Iran peace deal. 

Most Indian stock market indices were trading marginally higher after market opening on Wednesday, 1 July 2026.

At around 9:24 AM, the Sensex was up by 163 points (0.21%) to trade at 76,641.73. The Nifty 50 was also up by 47 points (0.2%) to trade at 23,913.15.

On Tuesday, both indices opened in the green, traded flat during most of the session, and ended lower. Upon market close, the Sensex stood at 76,478.67, down 0.33%. The Nifty 50 stood at 23,865.75, down 0.34%.

Apart from the Sensex and Nifty 50, other indices were trading in mixed directions during early trade on Wednesday.

At around 9:24 AM, Bank Nifty was up by 21 points (0.04%) to trade at 57,564.05. The Nifty Financial Services index was trading lower by 0.05% at 26,541.65.

Among the sectoral indices, Nifty Auto gained 0.88%, Nifty FMCG gained 0.80%, Nifty Pharma gained 0.33% and Nifty IT gained 0.53%. Nifty Metal dropped 0.83%.

The overall market breadth was positive during early trade on Wednesday. Approximately 1,597 shares advanced, 629 shares declined, and 156 shares remained unchanged.

The top gainers on Nifty were Titan Company, M&M, Eternal, Sun Pharma and Bajaj Auto.

The top losers were Bajaj Finserv, HDFC Life, Coal India, Tech Mahindra and Interglobe Aviation.

Global markets gave mixed cues on Wednesday as investors remained cautious amid ceasefire negotiations in Qatar.

  • S&P 500 futures fell 0.2% as of 10:55 AM Tokyo time.

  • Hang Seng futures rose 0.6%.

  • Nikkei 225 futures (OSE) rose 0.7%.

  • Japan’s Topix rose 0.4%.

  • Australia’s S&P/ASX 200 fell 0.4%.

  • The Shanghai Composite rose 0.3%.

  • Euro Stoxx 50 futures were unchanged.

  • Middle East Tension: Although the peace talks between the US and Iran are still underway in Qatar, fresh military strikes have weakened hopes of a lasting truce.

  • Oil Prices: Global oil prices continue to soften. On Wednesday, Brent crude hovered around the $70 per barrel after posting its steepest quarterly decline since 2020.

  • Rupee Opens Lower: The Indian National Rupee (INR) opened flat at 94.66 per USD. The previous close was at the same level.

Also Read - Stocks To Watch On 1 July: Kotak Mahindra Bank, HDFC Life, KPIT Tech And More

The markets are showing signs of recovery. However, military actions in the Middle East are keeping investors cautious. Going ahead, a lot will depend on how things pan out between the US and Iran. If the war actually ends, markets could see fresh rallies in the upcoming days.

This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, visit www.kotakneo.com/disclaimer.

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Kotak News Desk
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