Nifty 50 began the day at 25,428.85, rising by 23.55 points or 0.09% from its previous close of 25,405.30. Bank Nifty opened at 56,825.20, marking a gain of 33.30 points or 0.06% from its last close of 56,791.95. Sensex started at 83,306.81, up by 67.34 points or 0.08% compared to its previous close of 83,239.47.

Global index as of 4 July 2025:

  • DOW 30 surged by 344.11 points to close at 44,828.50, gaining 0.77%.
  • S&P 500 advanced by 51.93 points to settle at 6,279.35, up 0.83%.
  • NASDAQ rallied by 207.97 points to finish at 20,601.10, increasing 1.02%.
  • FTSE 100 rose by 48.51 points, ending at 8,823.20, a gain of 0.55%.
  • DAX climbed 144.02 points to reach 23,934.10, up by 0.61%.
  • NIKKEI 225 inched up 23.42 points to close at 39,785.90, marking a 0.06% rise.

Commodities Update:

  • Gold: Currently trading at ₹9,934 per gram.
  • Silver: Up by ₹0.10, now at ₹111.10 per gram.
  • Crude Oil: Prices have fallen down by 0.56%, reaching 68.075, compared to the previous close of 68.455.

Global events/updates:

U.S. ECONOMIC DATA

  • US June Unemployment Rate At 4.1% Vs Estimate Of 4.2%
  • US June U-6 Unemployment Rate At 7.7% Vs Estimate Of 7.8%
  • US June Participation Rate At 62.3% Vs Estimate Of 62.3%
  • US June Non-Farm Payrolls 1.47 Lk Vs Estimate Of 1 Lk
  • US June Non-Farm Payrolls Private At 74,000 Lk Vs Estimate Of 1 Lk

Congress passes Trump’s ‘big, beautiful bill’ cutting taxes and spending

Trump 2.0: Foreign Policy Back in Focus

Former U.S. President Donald Trump, now reemerging in the “Trump 2.0” era, reignited global attention with strong foreign policy remarks after a call with Russian President Putin, citing “no progress” on Iran and Ukraine. Emphasizing U.S. military readiness and hinting at a possible meeting with Iran, Trump signaled a return to assertive diplomacy and defense strategy, putting global leaders on alert.

Trump says “ Big beautiful bill cuts spending by 1.5 Trillion dollars for our nation”

Stocks to watch:

  • UCO Bank: The bank reported a 13.67% year-on-year growth in the April–June quarter of fiscal 2026, driven by expansion in its domestic loan book. Total business stood at Rs 5.24 lakh crore, up from Rs 4.61 lakh crore in the same period last year.
  • Vedanta: The company reported total aluminium production of 6 lakh tonnes, marking a 1% year-on-year rise. Zinc International production grew by 50% to 57,000 tonnes.
  • Bajaj Finance: The company delivered a strong first quarter financial year 2026 update. Its deposit book rose 15% year-on-year to Rs 72,100 crore. Assets under management increased 25% year-on-year to Rs 4.41 lakh crore.
  • PC Jeweller: The company reported an 80% year-on-year revenue jump in Q1, driven by strong festive and wedding demand despite gold price volatility. The company has reduced its bank debt by over 50% in FY25 and by 7.5% in Q1 alone. It aims to be debt-free by FY26 and continues to restructure and strengthen operations.
  • Yes Bank: The bank’s loans and advances fell 2% quarter and quarter to Rs 2.41 lakh crore compared to the previous quarter’s Rs 2.46 lakh crore. Its deposits reduced 3% on a quarter-on-quarter basis to Rs 2.75 lakh crore from the March quarter’s Rs 2.84 lakh crore.
  • IEX: The company reported a 6.5% rise in electricity trading volumes to 10,852 million units in June. For the April–June quarter, volume increased by 15% to 32,382 million units.
  • Punjab & Sind Bank: The bank’s total business grew 10.9% year-on-year to Rs 2.3 lakh crore in June quarter. Deposits rose 8.8% to Rs 1.3 lakh crore, and gross advances increased 13.9% to Rs 99,946 crore. The credit-deposit ratio rose to 76.19% from 72.76% in the previous quarter.
  • Defence Stocks: The Defence Ministry has approved Rs 1.05 lakh crore in capital acquisitions, all under the 100% indigenous category.
  • Prime Focus: The company has approved the allotment of up to 43 crore shares for acquiring a stake in its arm DNEG S.a.r.l for Rs 5,161 crore. It also approved the allotment of 3.2 crore shares to raise Rs 390 crore.
  • Torrent Pharma: The company acquired 2.4% equity in JB Chemicals for Rs 620 crore at Rs 1,600 per share and may acquire an additional 0.4%.
  • L&T Finance: The company reported an 18% year-on-year rise in its retail loan book to Rs 99,800 crore for the first quarter of this fiscal. Retail disbursements were up 18% at Rs 17,510 crore. Rural business finance dropped slightly to Rs 5,610 crore.
  • Bajaj Housing Finance: The company saw a 24% rise in AUM to Rs 1.2 lakh crore in the first quarter of 2026. Disbursements were Rs 14,640 crore, up from Rs 12,004 crore a year ago.
  • Arisinfa Solutions: The company secured a Rs 100 crore order from Village Wave in Bengaluru for development management.
  • Kaynes Tech: The company approved an investment of up to $17 million to acquire 1.7 crore shares of its subsidiaries.
  • Emcure Pharma: The company’s investor BC Investments will sell 45.5 lakh shares (2.4% equity) via block deal on Friday at Rs 1,225 per share, amounting to Rs 551 crore.

Written by Manideep Appana

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