NIFTY50, SENSEX today: Wall Street cues, FII activity, key things to know before markets open on July 1

The Indian equity benchmarks are set to open lower on Wednesday, July 1, as indicated by GIFT NIFTY futures. NIFTY futures at GIFT City in Gandhinagar declined 71 points or 0.3% to 23,970 despite positive cues from Asian markets.

The benchmarks declined for a second straight session on Tuesday as sentiment remained subdued after reports suggested that Iran denied any plans of meeting with US but said that it will send an expert delegation to Doha to follow up on the release of frozen Iranian funds.

The SENSEX ended 250 points lower at 76,479 and NIFTY50 index declined 80 points to 23,866

For June F&O series, NIFTY50 index declined 0.2% and NIFTY Bank index jumped 4.45%.

Asian markets

Most of the Asian markets were trading higher following strong closing of US markets. Japan's Nikkei rose 0.4%, China's Shanghai Composite advanced 0.5% while Hong Kong's Hang Seng index declined 0.63%.

Wall Street update

US stocks ended higher on Tuesday on the back of stronger than expected US job openings data which showed resilience in the US economy.

Dow Jones Industrial Average advanced 0.26%, S&P 500 index gained 0.8% and tech heavy Nasdaq climbed 1.5%.

The number of job openings in United States remained unchanged at 7.6 million in May while job openings for the month of April was revised down by 33,000, according to US Bureau of Labor Statistics.

The data reported by the Bureau came in better than estimates as market participants were expecting 7.3 million job openings triggering reduced chances of rate cuts.

The data also suggest that US economy remained resilient in May despite elevated energy costs due to geopolitical tensions between US and Iran.

FII/DII activity

Foreign institutional investors (FII) sold shares worth ₹2,556.75 crore on Tuesday while domestic institutional investors bought stocks worth ₹6,842.34 crore, as per NSE data.

FIIs have so far this year sold shares worth ₹2,74,272 crore, data from National Securities Depository Limited (NSDL) showed.

Stocks to watch

The company announced a preliminary update on Q1 FY27 financial performance and its outlook for the remainder of the year, following recent announcements by multiple European automakers.

Noel Tata, who also announced to step down from the chairmanship of Voltas, said the company is evaluating foraying into compressor manufacturing in the future.

"At present, we do not manufacture compressors, but it is being reviewed by management, who may take a call in the near future," Tata said.

Bakshi is currently the Group Head of Human Resources at InterGlobe Enterprises.

The resignation of Pasricha marks another senior-level exit at the country's largest airline, IndiGo, since the massive operational disruptions in December 2025.

Kotak Mahindra Bank hopes to give a thrust to its affluent and small and medium enterprises business through the acquisition, as per an official statement.

The businesses to be acquired comprise approximately ₹29,000 crore in loans, ₹16,000 crore in deposits and ₹10,500 crore of assets under management, the statement said.

A two-member bench of the National Company Law Appellate Tribunal (NCLAT) also directed refund of ₹91,98,556/- deposited by Vikram Solar, the entire admitted operational debt claimed by its creditor Isitva Steels.

Moreover, the bench comprising Justice Yogesh Khanna and Technical Member Naresh Salecha, also said "settlement, if any, can be adverted to between the parties."

The NCLAT direction came during the hearing on Monday, which contended that the insolvency petition should not have been admitted as the amount claimed was less than ₹1 crore, the threshold prescribed under Section 4 of the IBC Code.

Despite repeated shocks, the global financial system has thus far demonstrated notable resilience, with markets remaining orderly after an initial bout of volatility following the outbreak of the West Asia conflict, said the Financial Stability Report (FSR).

The quarter which has gone by had a significant impact in terms of commodity costs because crude prices, which impact a large part of HUL's portfolio, rose significantly, crossing $100 per barrel at one point in time, Paranjpe said at the company’s annual general meeting (AGM).