Stock Market Rebound:

The Indian stock market ended its winning streak on Monday, 1 July 2025, after four continuous sessions of gains. Investors chose to book profits, especially in the banking and real estate sectors, which led to a decline in key indices. The Sensex fell by 452.44 points to close at 83,606.46. During intraday trading, it had dropped as much as 576 points. Similarly, the Nifty 50 lost 120.75 points and ended at 25,517.05.

Stock Market Rebound:

Among the 30 Sensex-listed companies, 18 stocks closed in the red. Notable losers included Axis Bank and Kotak Bank, both of which fell by more than 2%. Sector-wise, banking and realty shares were the main laggards. In contrast, midcap and smallcap stocks continued to attract investors and showed strength by gaining up to 0.81%. Capital goods and services sectors also performed well, each rising over 1%.

A major incident affected Sigachi Industries, a pharma company based in Telangana. A powerful blast occurred at its Pashamylaram plant, leading to the deaths of at least 12 workers and injuring several others. The company announced the plant would remain shut for 90 days. As a result, Sigachi’s share price dropped sharply by 11.58%, closing at ₹48.79.

Experts believe that Nifty’s short-term trend remains sideways. If the index falls below 25,500, it may see further correction. On the upside, it faces resistance at 25,600 and 25,800. Analysts suggest investors adopt a cautious approach and focus on stock-specific movements rather than broader indices.

Stock Market on Tuesday:

For those looking for buying opportunities, analysts have recommended a few stocks: Tamilnadu Petroproducts, Deepak Fertilisers, LIC, Bharat Forge, ICICI Prudential Life, Himatsingka Seide, Ideaforge Technology, and Finolex Cables. These stocks have shown bullish technical signals and are expected to perform well in the short term.

While the broader market showed weakness, select sectors and midcaps remained strong. Traders should watch technical levels closely and stay informed, especially with quarterly earnings updates and global cues influencing market direction.

Disclaimer:

The above information is for educational and informational purposes only. It does not constitute investment advice or a recommendation to buy or sell any securities. Readers are advised to consult with a certified financial advisor before making any investment decisions. The market is subject to risks and uncertainties, and past performance is not indicative of future results. Neither the author nor the publisher shall be held responsible for any loss arising from the use of this information.

Also Read:Telangana Engineering Fees 2025: Here’s What Govt Decided

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