Indian shares experienced mixed sentiments on July 2, 2025, as global uncertainties, sector-specific events, and key corporate news took place. Although profit booking was seen in some areas, various companies made announcements for strategic growth, listings, and regulatory news.
Global Cues and Commodity Update
- Crude Oil was approximately US $67.12 per barrel, showing strong energy prices.
- The INR was at Rs 85.68 versus the US dollar, and US Dollar Index at 96.64.
- The 10-year US bond yield at 4.24%, and VIX low at 12.55, showing reduced market fear.
- Gold was at Rs 97,200, and Silver at Rs 1,05,900, both showing safe-haven buying.
- The base metals were upbeat, underpinning the industrial segment outlook.
Global Political Developments Influence Markets
- Tesla stocks fell after Elon Musk and Donald Trump had an exchange of tensions.
- Volatility picked up as July 9, the expiry date for the trade deal, neared. Trump questioned Japan’s signing but became clear on non-extension of any deadline.
- Elon Musk’s political ambitions, such as starting a new party, contributed to world uncertainty.
Indian Market and IPO Buzz
- HDB Financial listed well, at Rs 835 compared to its IPO price of Rs 740.
- Sambhav Steel Tube at Rs 110.10 (BSE) and Rs 110 (NSE).
Auto Sector Update
- Hyundai sales were 60,924 units: 44,024 domestic, 16,900 exports.
- Maruti Suzuki sales total up 6% to 1.68 lakh units, domestic down 12%, but exports 22% up.
Corporate Deals & Announcements
- CreditAccess Grameen raised Rs 2,570 crore.
- Adani Group has floated a Rs 500 crore NCD issue (with green shoe option), opens July 9–22.
- Adani Defence purchased 85.1% holding in Airworks India for Rs 400 crore.
- Lupin got USFDA approval for its Loteprednol Etabonate ophthalmic gel.
- RITES bagged an African Railways order of $3.6 million.
- JSW Energy entered into a 250MW/500MWh BESS contract with Rajasthan Vidyut Nigam.
- India Pesticides doubled its formulation capacity to 10,000 MTPA.
- ZAGGLE collaborated with DTDC Express for solution supply.
Real Estate and Retail
- Cantabil launched 3 new stores, total 607.
- Godrej Properties offloaded 2.5% stake in Vivrit Developers.
- PDS to buy 60% stake in GSC Link.
⚙️ Manufacturing & Infra Boost
- Siegel won a Rs 1,199 crore order from NHAI.
- NIBE won a Rs 22.7 crore order.
- NBCC won a new order for Gorwada Zoo.
- ITI won Odisha and Chhattisgarh orders of Rs 88 crores.
- NMDC produced 3.57 MT, sold 3.58 MT.
- MOIL hiked manganese ore price by 2%.
- HEG got Rs 282.34 crore IGST refund, also got tax notice.
Regulatory & Legal
- Supriya Life Sciences got a Rs 60.4 crore tax notice.
- Rane Madras got a Rs 22.64 crore tax notice.
- Renuka Sugars penalized Rs 4.7 crore.
- Asian Paints–Grasim dispute under CCI probe.
- HCL Tech extended its European contract with EQUINOR.
Defence, Pharma, and Tech Highlights
- Paras Defence to provide 30 Chimera drones to France’s CERBAIR.
- AstraZeneca receives CDCO approval for DURBAALU Mob Solution import.
- Healthcare business demerges at Lupin.
- Zen Technologies acquires 76% stake in Tiga Aerospace.
Banking & Financials
- Emirates NBD seeks 20% stake in RBL Bank.
- 9.8% deposit growth, 10.44% advance growth registers at Tamil Nadu Mercantile Bank.
⚡ Transformations and Mergers
- Anchemco India to be merged with Asia Investments, auto division to be spun off to Gabriel India. Promoters to get 1,158 shares of Gabriel for each 1,000 AIPL shares.
- Gabriel India suggests strong Rs 50,000 crore revenue by 2030.
Closing of the Market
- BSE Sensex: 83,410
- NSE Nifty: 25,453
- Bank Nifty: 56,999
Profit booking observed in midcaps, small caps, realty, PSU banking, while buy interest remained firm in metals, auto, and pharma space.
Conclusion
The July 2 meeting indicated a mix of hope and concern in sectors. Macro-politics resulted in near-term uncertainty, but strategic investment and corporate transactions showed long-term faith in India’s economic path.
Disclaimer
Barawakar does not provide financial advice and the information on the website www.Barawakar.com is only for general use. Users of Barawakar accept full responsibility in the possibility of losing capital. Barawakar strives to provide correct information, but offers no guarantees regarding the accuracy or completeness of data given.
In case of any investments planning, make sure to seek professional counsel or do amplify your own research. The www.barawakar.com website is available to users without warranties on availability or functionality. By using this website, you accept the terms of these conditions.
For any questions, feel free to reach out to us.