IT was the worst-performing sector, witnessing notable selling pressure
Gaurav Garg,
Research Analyst,
Lemonn Markets Desk
Mumbai, July 6, 2026: The Indian stock market ended on a positive note today, with the Nifty 50 closing at 24430.35 ,up 159.5 points or 0.66%. The session was characterized by a Higher high and higher low index which opened at 24306.85 , reached a high of 24458.65 and touched a low of 24252.35.The BSE Sensex also climbed, finishing the day at 78285.07. reflecting a gain of 521.16 points or 0.67%.
Sectoral trends remained broadly positive during the session, with Realty emerging as the top-performing sector, followed by Construction, Auto, Oil & Gas, and REITs, reflecting strong buying interest across infrastructure- and consumption-linked stocks. Metals, Chemicals, Banking, Financial Services, Pharma, FMCG, Healthcare, and Private Banks also ended in positive territory with modest gains, indicating broad-based market participation. On the other hand, IT was the worst-performing sector, witnessing notable selling pressure, while Media, PSU Banks, Cement, and Finserv Ex-Bank indices also closed lower. Midcap Healthcare and Healthcare indices remained largely stable, highlighting selective buying in the defensive space.
The Indian stock market closed higher today, supported by encouraging Q1 business updates from leading private sector banks, which boosted sentiment in the Banking and Financial sectors. Investor confidence was further strengthened by sustained foreign institutional inflows, stable crude oil prices, and positive global market cues. However, gains remained capped as the Indian rupee weakened against the US dollar and investors adopted a cautious approach ahead of the release of the US Federal Reserve's meeting minutes, which could offer fresh signals on the future interest rate outlook. Going forward, market participants will closely track the upcoming June-quarter earnings season, with corporate results and management commentary expected to drive stock-specific action and influence the market's near-term direction.
Top Movers (Nifty 50)
