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EQUITY
Post Session: Quick Review
Jul-06-2026

Indian equity benchmarks ended higher on Monday, with both the Nifty and Sensex extending their winning streak to a fourth consecutive session, led by gains in the Realty, Auto, and Oil &Gas sectors. Markets made a positive start and remained firmly in the green throughout the session, supported by easing geopolitical tensions and net buying by foreign institutional investors (FIIs). 

Some of the important factors in trade:

India-Israel BIA takes effect from July 4: Traders took support with the finance ministry's statement that the India-Israel Bilateral Investment Agreement (BIA) which will ensure a secure and predictable investment climate and strengthen the bilateral economic relation has come into force from July 4. 2026.

India targeting 16-17% growth in merchandise exports in FY27: Investors were optimistic after Commerce and Industry Minister Piyush Goyal said that India is targeting an ambitious 16-17 percent growth in merchandise exports to about $530 billion in the current fiscal year (FY27). 

Auto stocks were in limelight: Federation of Automobile Dealers Associations said total automobile retail sales in India grew by 21.83 per cent year-on-year at 25,57,234 units in June, with the industry remaining cautiously optimistic going forward hoping for monsoon to make up for the deficit. 

On the global front: European markets were trading mostly higher, after producer prices in the Euro Area moderated in May 2026. Producer prices in the Euro Area rose 0.2% month-over-month in May 2026, following an upwardly revised 0.7% rise in April. Asian markets closed mixed despite easing global inflationary pressures amid easing Middle East tensions and hopes the US Fed will not tighten its monetary policy for now. 

The BSE Sensex ended at 78285.07, up by 521.16 points or 0.67% after trading in a range of 77879.70 and 78398.06. There were 13 stocks advancing against 17 stocks declining on the index. (Provisional)

The top gaining sectoral indices on the BSE were Realty up by 1.82%, Capital Goods up by 1.19%, Consumer Durables up by 1.19%, Auto up by 1.14% and Metal up by 0.89%, while IT down by 0.58%, Utilities down by 0.21%, PSU down by 0.10%, and TECK down by 0.03% were the few losing indices on BSE. (Provisional)

The top gainers on the Sensex were HDFC Bank up by 3.37%, Mahindra & Mahindra up by 2.04%, Bharat Electronics up by 1.78%, Reliance Industries up by 1.32% and ICICI Bank up by 1.01%. On the flip side, Kotak Mahindra Bank down by 3.93%, TCS down by 1.61%, Bajaj Finserv down by 0.99%, Power Grid down by 0.90% and HCL Technologies down by 0.56% were the top losers. (Provisional)

Meanwhile, the Finance Ministry has notified the Rules of Origin under the India-UK Comprehensive Economic and Trade Agreement (CETA), paving the way for the agreement to become operational from July 15, 2026. The rules prescribe the criteria for determining the origin of goods eligible for preferential tariff benefits under the pact. A certificate of origin is a key document required for exports to avail duty benefits under India's trade agreements with partner countries. It is essential to establish the origin of goods to ensure that products from third countries do not wrongly avail themselves of the preferential tariff benefits under trade agreements between the two countries. 

In a notification, the Central Board of Indirect Taxes and Customs (CBIC), said entities authorised by the two countries are permitted to issue these certificates in their respective countries. It said these rules may be called the Customs Tariff (Determination of Origin of Goods under Comprehensive Economic and Trade Agreement between India and the United Kingdom of Great Britain and Northern Ireland) Rules, 2026. 

The agreement grants duty-free access to 99% of India's exports to the UK, covering nearly the entire trade basket. This is expected to create significant opportunities for labour-intensive sectors as textiles, marine products, leather, footwear, sports goods, toys, and gems and jewellery, alongside fast-growing sectors like engineering goods, auto components, and organic chemicals. Bilateral trade between India and the UK rose 8.62% to $25.12 billion in FY26, with India's exports at $13.44 billion and imports at $11.68 billion. India recorded a trade surplus of $1.76 billion during the fiscal year. 

The CNX Nifty ended at 24430.35, up by 159.50 points or 0.66% after trading in a range of 24287.10 and 24458.65. There were 26 stocks advancing against 24 stocks declining on the index. (Provisional)

The top gainers on Nifty were HDFC Bank up by 3.60%, Hindalco Industries up by 2.85%, Bajaj Auto up by 2.57%, ONGC up by 2.55% and Mahindra & Mahindra up by 2.05%. On the flip side, Kotak Mahindra Bank down by 3.89%, Max Healthcare down by 1.84%, TCS down by 1.71%, Coal India down by 1.45% and Bajaj Finserv down by 1.31% were the top losers. (Provisional)

European markets were trading mostly in green; Germany’s DAX gained 75.29 points or 0.29% to 25,854.60 and France’s CAC rose 9.43 points or 0.11% to 8,517.50, while UK’s FTSE 100 decreased 14.96 points or 0.14% to 10,664.07.

Asian markets ended mixed on Monday as investors cautiously awaited the corporate earnings season to unfold amid concerns over high valuations in AI-linked companies. Market participants also looked ahead to the US Federal Reserve's June meeting minutes, due on Wednesday, for further clues on the direction of US monetary policy. Markets received some support from persistent decline in oil prices, with Brent crude trading below $72 a barrel as millions of barrels of oil continued to flow through the Strait of Hormuz and OPEC+ members backed another modest rise in collective quotas for next month. Japanese markets ended mixed, even as currency pressures loomed with the Japanese yen weakened toward 162 per dollar. Meanwhile, Hong Kong shares gained, supported by stronger-than-expected private-sector activity after the S&P Global Hong Kong SAR PMI climbed to 52 in June from 50.4 in May, marking the fastest expansion since February. Investors were also awaiting China's June consumer price index (CPI) and producer price index (PPI) data for fresh signals on the country's economic recovery.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,041.24

-2.41

-0.06

Hang Seng

23,616.32

266.29

1.14

Jakarta Composite

5,916.07

40.29

0.68

KLSE Composite

1,683.53

4.48

0.27

Nikkei 225

69,737.69

-6.38

-0.01

Straits Times

5,259.81

15.52

0.30

KOSPI Composite

8,051.33

-37.01

-0.46

Taiwan Weighted

46,556.39

-224.23

-0.48
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