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Markets retain gain in late trade
Jul-01-2026

Indian equity markets retained gains in late trade supported by strong gains in Realty, FMCG and Auto stocks. Investors were sanguine as Brent crude oil prices stayed below $73 a barrel mark despite the uncertainty over US-Iran negotiations. Traders also remained optimistic after Reserve Bank of India said that Indian financial system remains resilient, supported by strong bank and non-bank balance sheets, as gross non-performing assets of banks have touched a multi-decadal low of 1.8% at end-March 2026. Meanwhile, market participants overlooked the persistent selling by the foreign institutional investors (FIIs), who offloaded securities worth Rs 2,556.75 crore in previous session.

On the global front, Asian equity markets were trading mostly higher despite reports that talks between the U.S. and Iran faced new hurdles. European equity markets were trading mostly in red as investors waited to hear from Federal Reserve Chairman Kevin Warsh and ECB President Chritine Lagarde at the annual European Central Bank Forum.

The BSE Sensex is currently trading at 76968.39, up by 489.72 points or 0.64% after trading in a range of 76538.37 and 77110.08. There were 22 stocks advancing against 8 stocks declining on the index.

The top gaining sectoral indices on the BSE were Realty up by 3.21%, FMCG up by 1.75%, Auto up by 1.19%, Consumer Discretionary up by 1.14% and Consumer Durables up by 0.80%, while IT down by 1.74%, TECK down by 0.85%, Metal down by 0.81%, Healthcare down by 0.33% and Capital Goods down by 0.30% were the top losing indices on BSE.

The top gainers on the Sensex were Eternal up by 4.97%, Hindustan Unilever up by 2.72%, Asian Paints up by 2.67%, Adani Ports & SEZ up by 2.47% and Mahindra & Mahindra up by 2.14%. On the flip side, HCL Technologies down by 3.35%, Tech Mahindra down by 3.23%, TCS down by 2.21%, Infosys down by 1.39% and Tata Steel down by 0.93% were the top losers.

Meanwhile, the government data has showed that gross goods and services tax (GST) collections rose 13.9 per cent to Rs 1,94,812 crore in June 2026 as compared to Rs 1,71,105 crore in June 2025 as robust import tax collections offset relatively moderate growth in domestic revenues. Gross domestic GST revenue stood at Rs 1,34,774 crore, up 6.5% from a year ago. However, gross GST collections from imports surged 34.6% to Rs 60,038 crore.

Of the total gross GST collections, Gross Central GST (CGST) collection from domestic transactions during the reported month stood at Rs 37,376 crore, State GST (SGST) at Rs 45,116 crore and Integrated GST (IGST) at Rs 52,282 crore. On the other hand, IGST collection from import rose by 34.6% to Rs 60,038 crore in June 2026 from Rs 44,600 crore in the corresponding month of last year.

GST refunds grew 29.1 per cent to Rs 32,436 crore in June 2026 from Rs 25,121 crore in June 2025. After adjusting refunds, net GST revenues in June 2026 rose 11.2 per cent to Rs 1,62,377 crore from Rs 1,45,984 crore in June 2025. Meanwhile, net customs revenue jumped 42.2% to Rs 45,370 crore in the reporting month over Rs 31,911 crore in the same month a year ago.

The CNX Nifty is currently trading at 24016.30, up by 150.55 points or 0.63% after trading in a range of 23895.10 and 24049.90. There were 32 stocks advancing against 18 stocks declining on the index.

The top gainers on Nifty were Eternal up by 5.05%, Adani Enterprises up by 3.41%, Nestle India up by 3.39%, Asian Paints up by 2.80% and Hindustan Unilever up by 2.78%. On the flip side, HCL Technologies down by 3.31%, Tech Mahindra down by 3.18%, TCS down by 2.05%, Hindalco Industries down by 1.71% and Infosys down by 1.34% were the top losers.

Asian equity markets were trading mostly in green; Nikkei 225 surged 651.68 points or 0.92% to 70,714.00, Taiwan Weighted added 893.08 points or 1.9% to 47,018.99, Shanghai Composite strengthened 18.05 points or 0.44% to 4,112.45 and Jakarta Composite gained 71.94 points or 1.26% to 5,715.13, while Straits Times fell 3.68 points or 0.07% to 5,166.97 and KOSPI dropped 173.07 points or 2.08% to 8,303.41.

European equity markets were trading mostly in red; UK’s FTSE 100 decreased 19.42 points or 0.19% to 10,477.70 and France’s CAC fell 34.59 points or 0.41% to 8,369.40, while Germany’s DAX gained 82.29 points or 0.33% to 25,078.10.
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