The Indian stock market experienced a mixed trading session today, July 4, 2025, with benchmark indices showing modest gains while certain sectors and stocks faced downward pressure. The BSE Sensex was trading at 83,307, up by 67 points or 0.08%, and the NSE Nifty stood at 25,418, gaining 13 points or 0.05%.

Gainers and Losers

Among the top performers on the Sensex were Bajaj Finance, Bharat Electronics, Bajaj Finserv, Hindustan Unilever, HDFC Bank, Kotak Bank, and Bharti Airtel, with gains ranging from 0.3% to 2%. Conversely, Trent, Tech M, Tata Steel, Maruti Suzuki, M&M, Asian Paints, and Sun Pharma were among the top losers, with Trent particularly affected, sinking as much as 8%.

Broader Market Trends

The broader market indices presented a slightly negative picture, with the Nifty MidCap slipping 0.04% and the Nifty SmallCap declining 0.20%. These figures suggest that while the main indices remained positive, mid and small-cap stocks faced selling pressure.

Sectoral Performance

Sectoral performance was mixed. On July 3, 2025, the auto and pharma sectors posted gains, while metals and real estate lagged. The Nifty PSU Bank index was the biggest loser, falling 0.89% due to selling pressure in stocks like Punjab National Bank, Union Bank of India, UCO Bank, and Central Bank of India.

FII and DII Activity

On the institutional activity front, Foreign Institutional Investors (FIIs) net sold shares worth ₹1,771.25 crore. In contrast, Domestic Institutional Investors (DIIs) net bought shares worth ₹1,078.51 crore on July 3.

Market Sentiment and Global Cues

Overall market sentiment appeared cautious as investors kept an eye on the looming deadline for potential US tariffs. The Indian market ended lower on Thursday, weighed down by volatility from the F&O expiry and investor caution ahead of a possible U.S.–India trade agreement. Globally, Asian markets showed mixed results. Japan's Nikkei, South Korea's Kospi, and China's Shanghai Composite closed higher, while Hong Kong's Hang Seng fell.

Other Key Updates

• The Indian rupee strengthened against the US dollar, closing near 85.55, supported by expectations of a US interest rate cut and trade developments between the US and Vietnam.
• Equity cash segment turnover rose for a fourth straight month in June, while trading volumes for the derivatives segment slipped for a second month.
• HDFC Bank's period-end advances under management were approximately ₹ 27,820 billion as of June 30, 2025, reflecting an 8.0% growth over the previous year.
• Johnson Controls – Hitachi declared its highest-ever dividend of Rs 36/share for FY26; record date is July 9.

Analyst Views

Analysts anticipate a rangebound trend in the near term as focus shifts to the upcoming earnings season and key macroeconomic indicators. According to Ajit Mishra of Religare Broking Limited, markets traded volatile and ended marginally lower, continuing the ongoing consolidation phase.

In conclusion, the Indian stock market is consolidating at higher levels, with investors closely monitoring global cues and domestic economic factors.