Mumbai, July 1, 2026: Indian equity benchmarks Sensex and Nifty recovered in early trade on Wednesday after two consecutive sessions of decline, supported by positive global market trends and renewed buying interest in select heavyweight stocks, particularly from the auto sector.
The 30-share BSE Sensex rose 182.42 points to reach 76,661.36 in early deals, while the broader NSE Nifty gained 49.90 points to trade at 23,916.85, reflecting a cautious but improving market sentiment.
Market participants pointed to supportive global cues as a key factor behind the rebound. Optimism in Asian markets and a strong finish on Wall Street in the previous session helped lift investor confidence. Analysts noted that expectations of sustained momentum in technology and semiconductor stocks globally also contributed to the upbeat start.
Among the Sensex constituents, buying interest was seen in stocks such as Eternal, Mahindra & Mahindra, Maruti Suzuki India, Titan, Hindustan Unilever, UltraTech Cement, Adani Ports and Asian Paints, all of which emerged as top gainers during early trade. The strength in automobile and consumption-linked stocks provided additional support to the indices.
However, some pressure was visible in select heavyweights, with Bajaj Finserv, Tech Mahindra, Larsen & Toubro and NTPC trading lower, limiting the overall upside.
Broader Asian markets also showed a mixed trend, with Japan’s Nikkei 225 and Shanghai’s SSE Composite index trading higher, while South Korea’s Kospi remained in negative territory. Hong Kong markets were closed for the day.
On Wall Street, US markets ended the previous session on a positive note, with strong quarterly performance driven by gains in technology and semiconductor sectors. Market experts highlighted that the Dow Jones had closed at a record level, while the Nasdaq and S&P 500 also posted solid gains, boosting global risk appetite.
Market analysts said that global sentiment remained constructive, supported by strong momentum in US equities and continued optimism around artificial intelligence-driven technology stocks in Asia, particularly Japan.
Despite the positive start, foreign institutional investors (FIIs) remained net sellers, offloading equities worth ₹2,556.75 crore in the previous session, indicating cautious foreign flows amid global uncertainty.
In the commodities market, Brent crude oil traded higher at around $73.24 per barrel, up 0.40 per cent, adding another layer of influence to investor sentiment.
On the previous trading day, markets had ended lower, with the Sensex falling 249.70 points to close at 76,478.67 and the Nifty declining 80.50 points to settle at 23,865.75, marking two straight sessions of losses before Wednesday’s recovery attempt.
Overall, the early rebound reflects a fragile but improving market mood, with investors closely tracking global cues, foreign fund flows and sector-specific movements for further direction.
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