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Nifty extends loss for 2nd day;Sensex dn 170 pts
Jul 3 2025 6:05PM
Indian indices failed to build on the morning gains and ended lower in a yet another volatile session on July 3, with Nifty around 25,400. At close, the Sensex was down 170.22 points or 0.20 percent at 83,239.47, and the Nifty was down 48.10 points or 0.19 percent at 25,405.30.

On the back of positive global cues, amid US and Vietnam trade agreement, the Indian market opened higher and saw extended buying in the first half with Nifty inching closer to 25,600. However, last hour profit booking erased all the intraday gains to end near day's low.

Apollo Hospitals, Hero MotoCorp, Dr Reddy's Labs, ONGC, Maruti Suzuki were among major gainers on the Nifty, while losers were SBI Life Insurance, Kotak Mahindra Bank, Bajaj Finance, JSW Steel, Bajaj Finserv.

On the sectoral front, metal, realty, PSU Bank, telecom indices down 0.5 percent each, while pharma, media, oil & gas, auto, consumer durable added 0.3-1 percent.

Broader indices ended mixed with BSE midcap ended lower for the third consecutive session, while smallcap index broke 2-day fall to end 0.5 percent higher.

In stock specific action, Arkade Developers shares rose 4 percent as it acquired Filmistan, Nykaa shares fell 4% as 6 crore shares exchanged, Kotak Mahindra Bank shares dropped up to 2% on Macquarie downgrade, SpiceJet shares rose as airline received first two overhauled engines, ungrounds another Boeing 737 NG, DMart shares tumbled as Q1 business update failed to excite, One MobiKwik Systems shares jumped 2 percent as arm got SEBI’s registration to operate as stock broker.

More than 140 stocks on the BSE touched their 52-week highs, including DCM Shriram, Aster DM Healthcare, JM Financial, Max Healthcare, Apollo Hospitals, EID Parry, Asahi India, Laurus Labs, Divis Labs, JK Lakshmi Cement, UltraTech Cement, MRF, Abbott India, Deepak Fertilisers, SRF, Max Financial, among others.