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DEEPAK PAL

1st Jul · SEBI-Registered Analyst

"Bulls Roared Back! Nifty Reclaims 24,000 as Banking, FMCG & Auto Lead the Recovery."

What Happened in Today's Market? Indian equity markets ended the first trading session of July on a strong note, snapping a two-day losing streak. Benchmark indices witnessed broad-based buying, with the Nifty 50 closing above the crucial 24,000 mark and the Sensex gaining nearly 444 points. Positive global cues, softer crude oil prices, and strong buying in banking, FMCG, auto, and realty stocks helped lift overall market sentiment, while weakness in the IT sector capped further gains. Today's Market Status Nifty reclaimed the 24,000 psychological level. Sensex closed higher by around 444 points. Banking, FMCG, Auto, and Realty sectors outperformed. IT stocks remained under pressure due to continued profit booking. Broader market sentiment stayed positive with healthy buying across large-cap stocks. Stocks in Focus Today $ETERNAL Eternal Limited – Top performer on the Nifty with strong buying momentum. $ADANIENT Adani Enterprises Limited – Witnessed robust buying interest. $NESTLEIND Nestlé India Limited – Gained on strong defensive buying. $HINDUNILVR Hindustan Unilever Limited – FMCG buying supported the stock. $KOTAKBANK Kotak Mahindra Bank and State Bank of India – Banking stocks contributed significantly to the market recovery. $HCLTECH HCL Technologies Limited, Tech Mahindra Limited and Tata Consultancy Services Limited remained under pressure amid weakness in the IT sector.

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