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Research Periodic Report Auto & Pharma Rally on Trade Deal Hopes; Arkade’s Big-Budget Project; DMart Slips on Soft Q1 Update

Auto & Pharma Rally on Trade Deal Hopes; Arkade’s Big-Budget Project; DMart Slips on Soft Q1 Update

Written by - Fisdom Research

July 3, 2025 2 minutes

Market Snapshot

  • Indian markets opened higher, tracking positive global cues and optimism around the US–Vietnam trade agreement.
  • Strong buying was witnessed in the first half, pushing Nifty close to the 25,600 mark.
  • However, last-hour profit booking erased intraday gains, with the index closing near the day’s low.
  • Sector-wise performance was mixed: Gainers: Pharma, Media, Oil & Gas, Auto, and Consumer Durables rose between 0.3% and 1%.
  • Losers: Metal, Realty, PSU Banks, and Telecom declined around 0.5% each.

Sectoral Trends

Sector Name % Change Sector Name % Change
NIFTY MEDIA 1.5 NIFTY PHARMA 0.4
NIFTY CONSUMER DURABLES 0.6 NIFTY OIL & GAS 0.3
NIFTY HEALTHCARE INDEX 0.5 NIFTY FMCG 0.1
NIFTY AUTO 0.4 NIFTY IT -0.1

Top News

  • HDB Financial Services made a strong market debut on July 2, closing nearly 14% higher despite a weak broader market, following an IPO that was subscribed 16.7 times.
  • Steel stocks surged up to 3.6% after China’s Tangshan mills were ordered to restrict output, pushing Nifty Metal up 1.4% as the top sectoral gainer for the day.
  • SBI Cards fell nearly 2% after Goldman Sachs downgraded the stock to ‘Neutral’, citing a balanced risk-reward profile and focus on credit costs and loan growth.

Top Gainers and Losers

Top Gainers % Change Top Losers % Change
DRREDDY 1.9 SBILIFE -2.9
APOLLOHOSP 1.8 KOTAKBANK -2.0
HEROMOTOCO 1.8 BAJAJFINSV -1.4

Trade Ideas Update

  • Our trade ideas success rate has 76% over the past month, even with increased volatility in the benchmark index. Follow Trade Ideas for timely stock insights.
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