Closing Bell: Nifty 50 Rises 0.67% as Financials and Auto Stocks Drive Gains | 06 Jul 2026, 03:45 PM IST
Key Highlights
Nifty 50 ends up 0.67% at 24433.10, led by financial services and auto stocks. Market breadth was positive, with 31 Nifty constituents advancing.
Indian equity markets concluded Monday’s session on a positive note, with the advancing +162.25 points, or +0.67%, to close at 24433.10. The broader market also saw gains, as 31 out of 50 Nifty constituents recorded advances, indicating a positive market breadth where 62% of stocks moved higher.
Market Snapshot
| Index | Close | Change | Change (%) |
|---|---|---|---|
| Nifty 50 | 24433.10 | +162.25 | +0.67% |
| Nifty Bank | 58289.85 | +351.35 | +0.61% |
| NIFTY Midcap 100 | 62458.45 | +268.15 | +0.43% |
The Nifty Bank index also closed higher, gaining +351.35 points (+0.61%) to settle at 58289.85. The NIFTY Midcap 100 followed suit, rising +268.15 points (+0.43%) to finish at 62458.45, reflecting broad-based buying interest.
Top Performers and Underperformers
Among the Nifty 50 constituents, HDFC Bank Ltd. emerged as the top gainer, surging +3.56% to ₹829.55. Other significant contributors to the index’s rise included Hindalco Industries Ltd. (+2.79%), Bajaj Auto Ltd. (+2.65%), Oil & Natural Gas Corporation Ltd. (+2.57%), and Mahindra & Mahindra Ltd. (+2.01%).
Conversely, Kotak Mahindra Bank Ltd. faced significant selling pressure, declining −3.88% to ₹381.35. Other notable losers included Max Healthcare Institute Ltd. (−1.92%), Tata Consultancy Services Ltd. (−1.70%), and Coal India Ltd. (−1.50%).
| Company | Ticker | Close (₹) | Change (%) |
|---|---|---|---|
| Top 10 Gainers | |||
| HDFC Bank Ltd. | HDFCBANK | 829.55 | +3.56% |
| Hindalco Industries Ltd. | HINDALCO | 979.75 | +2.79% |
| Bajaj Auto Ltd. | BAJAJ-AUTO | 10045 | +2.65% |
| Oil & Natural Gas Corporation Ltd. | ONGC | 243.95 | +2.57% |
| Mahindra & Mahindra Ltd. | M&M | 3199.8 | +2.01% |
| Bharat Electronics Ltd. | BEL | 425.65 | +1.82% |
| Eicher Motors Ltd. | EICHERMOT | 7470.5 | +1.78% |
| Reliance Industries Ltd. | RELIANCE | 1321.5 | +1.34% |
| Nestle India Ltd. | NESTLEIND | 1479.2 | +1.33% |
| ICICI Bank Ltd. | ICICIBANK | 1426.9 | +1.10% |
| Top 10 Losers | |||
| Kotak Mahindra Bank Ltd. | KOTAKBANK | 381.35 | −3.88% |
| Max Healthcare Institute Ltd. | MAXHEALTH | 1131.3 | −1.92% |
| Tata Consultancy Services Ltd. | TCS | 2057.9 | −1.70% |
| Coal India Ltd. | COALINDIA | 432.1 | −1.50% |
| Bajaj Finserv Ltd. | BAJAJFINSV | 1873.3 | −1.18% |
| Wipro Ltd. | WIPRO | 174.17 | −1.08% |
| Power Grid Corporation Of India Ltd. | POWERGRID | 285.2 | −0.92% |
| HDFC Life Insurance Company Ltd. | HDFCLIFE | 564.25 | −0.61% |
| Adani Ports and Special Economic Zone Ltd. | ADANIPORTS | 1864.3 | −0.53% |
| HCL Technologies Ltd. | HCLTECH | 1133.8 | −0.46% |
Sectoral Performance
Sectorally, Financial Services led the gains, rising +1.83%, primarily driven by HDFC Bank and ICICI Bank. The Auto sector also performed strongly, up +1.36%, supported by Bajaj Auto and M&M. Oil & Gas (+0.47%), FMCG (+0.43%), and Healthcare (+0.37%) also ended in positive territory.
Conversely, the IT sector was the biggest drag, declining −0.56%, with TCS and Wipro among the top losers. Metals also saw a downturn, falling −0.91%.
Institutional Activity
(FIIs) were net buyers in today’s session, injecting +1355.33 cr into the Indian markets. (DIIs), however, were net sellers, offloading equities worth −1953.89 cr.
Company-Specific News
Several company-specific developments influenced stock movements. HDFC Bank Ltd. saw its shares rally following news that its average deposits surged 13% in the June 2026 quarter, reaching ₹30,114 billion. Bajaj Auto Ltd. also gained after reporting a 28% rise in June sales, with domestic two-wheeler sales increasing by 12% to 1,66,956 units compared to the previous year.
Looking ahead, market participants will monitor global cues and any further company-specific announcements before tomorrow’s trading session.