After Bell Market Wrap-up: 2nd July 2021

2 Jul 2021  Read 630 Views

Markets, reflecting popular sentiment, seemed to be happy about the weekend. The markets ended green following a dull week. Pharma made big today by gaining 0.60%. The Vix index relaxed by nearly 6% showing signs of easing fear among investors. Further, mid and small cap stocks performed well below expectations. 

While that’s on one side, the US market’s attention turns towards the employment data. However, they witnessed good gains as far as Energy and Bank stocks are concerned. Having known that, let’s have a sneak peek into all things important from the Indian markets today.

A snippet of markets today

  • Today metal and infra saw a downward trend while sectors like banking, infra and pharma peaked the markets. 
  • The stock of Zee Learn traded slightly higher following the resignation of the CFO, Mr Rakesh Agarwal, yesterday. 
  • Rupee traded at 74.83 against the dollar. This is the lowest the same has hit in the last two months.
  • The GR infra projects IPO traded at a 38% premium in the grey market. 
  • Airtel's announcement regarding Airtel Black received a good welcome in the market as its shares traded up by 0.39%. 
  • Titan gets a new CFO. Ashok Sonthalia will lead the financial front.

Index performance

Indices 

Closing price 

% change 

Nifty 50

15,722.20

+0.27

Nifty Bank 

34,809.90

+0.36

Nifty Auto 

10,685.50

-0.02

Nifty FMCG 

36,216.70

-0.05

Nifty IT

29,007.95

+0.02

Sensex

52,484.67

+0.36

Here're some stocks that were in the news today:

Quarterly results of companies

Top gainers of the day

Top losers of the day

To wrap up

There was a mix of red and green in the Asian markets, and Bitcoins fell to $33.226 approximately. However, the domestic markets saw a good day erasing the week's dull performance. And that is for today!

See you on Monday…

Happy Weekend

About the Author: Varishika Dinesh | 136 Post(s)

Varishika is on the verge of successfully completing B.Com. Nothing excites her more than reading books and watching movies. Business, finance, economy? You have her attention.

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