Indian benchmark indices Sensex and Nifty are expected to open on a positive note today, taking cues from GIFT Nifty, which was trading around 25,565 earlier this morning.

Market sentiment is likely to be influenced by a combination of domestic and global factors, including India’s final Services PMI data for June, the US trade balance for May, weekly US jobless claims data, and US President Donald Trump’s recent tariff agreement with Vietnam. Mixed global cues, ongoing primary market activity, and institutional investment trends will also guide investor sentiment through the session.

In the previous session on July 2, domestic markets closed lower after a volatile day, weighed down by selling pressure in realty and financial stocks.

The 30-share benchmark index ended at 83409.69 down by -287.6 points or by -0.34 % and then NSE Nifty was at 25453.4 down by -88.4 points or by -0.35 %.

On the global front, Asian shares edged up in the leadup to US jobs data, after stocks hit another record following Donald Trump’s announcement of a trade deal with Vietnam.

Nikkei was flat with a positive bias after dipping initially, and the Topix index was down 0.12 per cent. Kospi gained 0.85 per cent, while ASX 200 slipped 0.42 per cent.

Overnight in the US, major indexes ended mixed. The S&P 500 hit a fresh intraday record and closed at a new all-time high. The Nasdaq Composite jumped 0.94 per cent to finish at a record 20,393.13. However, the Dow slipped 10.52 points, or 0.02 per cent, to close at 44,484.42.

Back home, Top traded Volumes on NSE Nifty – Tata Steel Ltd. 63315210.00, Bharat Electronics Ltd. 22843521.00, ITC Ltd. 15990899.00, Eternal Ltd. 14940247.00, Jio Financial Services Ltd. 13385187.00,

On NSE, total number of shares traded was 447.45 Crore and total turnover stood at Rs. 105117.16 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 125226 with a total turnover of Rs. 24338.56 Crore. Along with this total number of contracts traded in stock futures were 1147973 with a total turnover of Rs. 80806.87 Crore. Total numbers of contracts for index options were 103471465 with a total turnover of Rs. 19854424.10 Crore. and total numbers of contracts for stock options were 4575953 with a total turnover of Rs. 334452.63 Crore.

The FIIs on 02/07/2025 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 14843.54 Crore and gross debt purchased stood at Rs. 263.80 Crore, while the gross equity sold stood at Rs. 13738.02 Crore and gross debt sold stood at Rs. 584.06 Crore. Therefore, the net investment of equity and debt reported were Rs. 1105.52 Crore and Rs. -320.26