Market Wrap: Nifty and Sensex Close in Green, Diamond and Aviation Sectors Shine

1 min read     Updated on 01 Jul 2025, 03:32 PM
scanxBy ScanX News Team
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Overview

Indian stock markets ended Tuesday's session on a positive note, with Nifty 50 and BSE Sensex registering modest gains. The Diamond, Gems and Jewellery sector led the rally with a 5.64% surge, while Aviation and Banks also performed well. Filatex Fashions Ltd stood out, soaring 11.48% on strong export orders. Market breadth remained slightly positive with 2,205 advancing stocks against 2,173 decliners out of 4,378 traded scrips.

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*this image is generated using AI for illustrative purposes only.

Market Overview

The Indian stock markets concluded Tuesday's trading session on a positive note, with both benchmark indices, Nifty 50 and BSE Sensex, registering modest gains. The Nifty 50 closed at 25,517.05, up by 24.75 points or 0.10%, while the BSE Sensex finished at 83,606.46, gaining 90.83 points or 0.11%.

Sectoral Performance

The day saw a mixed performance across various sectors, with some notable outperformers and underperformers:

Top Performing Sectors

  1. Diamond, Gems and Jewellery (+5.64%)
  2. Aviation (+3.48%)
  3. Banks (+1.51%)
  4. Trading (+1.44%)
  5. Transport (+0.81%)

Top Losing Sectors

  1. Cables (-0.88%)
  2. Printing & Stationery (-0.84%)
  3. Steel (-0.65%)
  4. Castings, Forgings & Fasteners (-0.64%)
  5. Beverages (-0.48%)

Buzzing Stocks

Filatex Fashions Ltd emerged as a notable performer, with its stock price surging by 11.48% to close at ₹0.68. The company reported a 7% increase in revenue to ₹191.65 crore for the fiscal year, driven by strong export orders. Additionally, its mining subsidiary secured major export orders worth $35.00 million and $43.88 million for marble supply. Filatex Fashions' net profit stood at ₹9.41 crore.

Market Breadth

The overall market breadth remained slightly positive, indicating a balanced sentiment among investors:

Category Number of Scrips
Total Traded 4,378
Positive 2,205
Negative 2,173

Conclusion

In summary, the Indian stock markets closed marginally higher, with the Diamond, Gems and Jewellery sector leading the gains. The positive market breadth suggests a cautiously optimistic sentiment among investors, despite some sectors facing headwinds. The performance of Filatex Fashions highlighted the potential in export-oriented businesses amidst the current market conditions.

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