Indian equity benchmark indices, the Sensex and Nifty, started on a flat note on Monday, July 7, 2025, amid weak global cues and concerns surrounding a US-India trade deal. The 30-share BSE Sensex started the session at 83,398.08, with a loss of 34.81 points, and the Nifty opened at 25,450.45, with a slight dip of 10.55 points. In the last trading session, the Sensex closed at 83,432.89 and the Nifty 50 at 25,461.00. The broader indices started the session flat. While the BSE Midcap gained around 43.25 points or 0.09 per cent to 46,899.93 in the opening session, the BSE Smallcap index fell 22.22 points or 0.04 per cent to trade at 54,808.12.
From the Sensex firms, Hindustan Unilever, Asian Paints, Trent, Reliance and Bajaj Finserv were among the major gainers with Hindustan Unilever shares surging 1.76 per cent. However, BEL, Tech Mahindra, Eternal, HCL Tech, and ICICI Bank were among the laggards with BEL losing over 2 per cent in the opening trade.
In early trade, 1,250 stocks in the Nifty pack were trading in the green, while 1,070 were trading in the red. One hundred fourteen stocks remained unchanged.
"There are reports of a possible interim trade deal between the US and India before the July 9th tariff deadline. If that happens, that would be a positive. The regulatory action on Jane Street and its implications will be closely watched by the market. The volume of derivative trading is likely to take a hit, impacting stock exchanges and some brokerages. This has implications for their stock prices, too," said Dr VK Vijayakumar, Chief Investment Strategist Geojit Investments Limited.
What did Gift Nifty indicate?
Gift Nifty, an early indicator for the Nifty 50, indicated a negative start as it opened 26.5 points higher at 25,564.50 against the previous close of 25,500.50.
Asian Markets Today
Meanwhile, stock markets slipped in Asia amid confusion over tariffs. In Asian markets, Japan's Nikkei 225 index fell 142.35 points or 0.36 per cent to trade at Rs 39,666.50, and Hong Kong's Hang Seng was down by 107 points. While South Korea's Kospi traded in the green with a gain of 8.56 points, Shanghai's SSE Composite index was trading lower by over 7 points.
How did individual sectors perform?
Most of the Nifty sectoral indices, except Nifty FMCG and Pharma, traded in the red today. While Nifty IT fell 0,24 per cent, Nifty Metal was down by 0.43 per cent in the opening trade. However, the Nifty FMCG gained 0.45 per cent in the early trade.
