MARKET UPDATE & OUTLOOK

Market Overview on July 2, 2025 • The Indian equity indices ended lower, with the Nifty 50 closing at 25,453.40, down by 88.40 points. • The BSE Sensex fell by 287.60 points, or 0.34%, finishing at 83,409.69. Top Gainers in Nifty 50

+3.64% +2.64% +2.11% Top Losers in Nifty 50 -2.81% -2.49% -2.44% Reasons Behind the Downfall • Decline in Financial Stocks: Financial stocks faced selling pressure after reaching near-record highs, impacting overall market sentiment. • Global Trade Tensions: Ongoing uncertainties regarding trade agreements, particularly with the U.S., created a cautious atmosphere among investors. • Weak Macro Indicators: Slowing GDP growth and soft GST collections raised concerns about the economic outlook. • Profit Booking: Investors took profits after a period of gains, leading to a downward adjustment in stock prices. • Sector-Specific Weakness: The real estate and financial sectors showed significant weakness, contributing to the overall market decline.