Indian markets kicked off July with a strong showing as the Nifty 50 comfortably held above the 24,000 mark. Investors sentiment was buoyed by aggressive buying in the real estate, auto, and FMCG sectors, signaling resilient domestic demand.
Reliance Power, Delhivery, and Paytm led the day's gainers, reflecting a positive shift in market appetite for high-momentum stocks. Alongside these, firms like MCX and Dabur India recorded significant upticks, outperforming broader benchmarks.
Despite the bullish start, not all sectors shared the optimism. IT and metal companies faced downward pressure, largely attributed to fluctuations in crude oil prices and ongoing geopolitical uncertainty affecting global supply chains.
Looking ahead, traders remain focused on whether the Sensex can maintain its momentum near the 77,000 level. Sustaining these gains will likely depend on continued sectoral rotation and how the market navigates evolving global economic headwinds.
