NIFTY50, SENSEX today: Wall Street cues, FII activity, key things to know before markets open on July 3
Indian stock markets are expected to open higher on July 3, following positive cues from Asian markets and a rally in IT shares. Investor sentiment was further bolstered by easing tensions between the US and Iran regarding crude oil supplies.
Why it matters
Market performance in India reflects broader investor confidence and the impact of global geopolitical developments on emerging market economies.
FIIs sold shares worth ₹312 crore on Thursday while domestic institutional investors bought stocks worth ₹1,784.40 crore, as per NSE data. The Indian equity benchmarks are set to stage a gap up opening on Friday, July 3, as indicated by GIFT NIFTY futures. NIFTY futures at GIFT City in Gandhinagar surged 145 points or 0.6% to 24,410 amid positive cues from Asian markets.
The article provides factual financial data and market analysis without political bias.
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