Main Quotes Calendar Forum
flag

FX.co ★ India Stocks Trade in the Green

back back next
typeContent_19130:::2025-07-03T05:32:52

India Stocks Trade in the Green

In early trading on Thursday, the BSE Sensex advanced by 305 points, or 0.4%, reaching 83,715, breaking the previous session's losing streak. This uptick was driven by optimism surrounding trade negotiations, highlighted by a recent US-Vietnam trade agreement, ahead of the crucial July 9 deadline. Market participants remain attentive to the progress of US-India trade discussions, especially following a Financial Times article indicating India's nearing completion of an interim trade pact with the US. Investor sentiment was bolstered by positive final data that showed India's private sector growth hitting a 14-month high in June 2025, with notable increases in both the services and manufacturing sectors, reaching their highest levels in 10 and 14 months, respectively. In addition to the benchmark index, small-cap and mid-cap stocks both recorded gains, each rising by 0.3%. The majority of sectors traded positively, with the auto sector leading the charge with a 1% increase, followed by a 0.6% rise in the tech sector, which mirrored significant gains seen on Wall Street the night before. Leading early gainers were Mahindra & Mahindra and Asian Paints, both up by 1.3%, alongside ICICI Bank at 1.1%, with Maruti Suzuki and Infosys each increasing by 0.9%.

Share this article:
back back next
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...