Markets at Noon: Nifty and Sensex Dip, Jewellery Sector Shines Amid Mixed Trends
By ScanX News Team
Indian markets show a slight downward trend at midday on July 4, 2025, with Nifty 50 and BSE Sensex both down 0.26%. The Diamond, Gems and Jewellery sector leads gains at +13.98%, while Telecomm Equipment & Infra Services is the top loser at -1.45%. PC Jeweller surges 13.98% on strong Q1 revenue growth, while Trent falls 10% following AGM warnings. BSE and Angel One face declines despite positive metrics. Overall market sentiment remains mixed with significant movements across various sectors.
*this image is generated using AI for illustrative purposes only.
Market Overview
As of midday on July 4, 2025, Indian markets are showing a slight downward trend. The Nifty 50 is currently trading at 25,338.85, down 66.45 points or 0.26% from its previous close. Similarly, the BSE Sensex stands at 83,024.23, reflecting a decrease of 215.24 points or 0.26%.
Sectoral Performance
Top Performing Sectors
| Sector | Avg. Per Change |
|---|---|
| Diamond, Gems and Jewellery | +13.98% |
| Education | +3.01% |
| Trading | +1.46% |
| Diversified | +1.23% |
| Unnamed Sector | +1.04% |
Top Losing Sectors
| Sector | Avg. Per Change |
|---|---|
| Telecomm Equipment & Infra Services | -1.45% |
| Printing & Stationery | -1.40% |
| Transport | -0.90% |
| Capital Markets | -0.87% |
| Capital Goods - Electrical Equipment | -0.64% |
Buzzing Stocks
PC Jeweller Ltd: The stock is up 13.98% at ₹15.98. The company reported an 80% year-on-year revenue growth in Q1, driven by strong wedding and seasonal purchases. PC Jeweller has also reduced its outstanding debt significantly and aims to be debt-free by the end of FY 2026.
Trent Ltd: Shares fell 10.00% to ₹5,572 following the company's AGM where it warned of slower growth in Q1 FY2026. Nuvama downgraded Trent to 'hold' from 'buy', while Macquarie maintained its 'underperform' rating.
BSE Ltd: The stock is down 6.50% at ₹2,636.90 due to profit booking and investor concerns following SEBI's action against Jane Street. SEBI barred Jane Street from securities markets and ordered disgorgement of ₹4,843.57 crore for alleged index manipulation.
Angel One Ltd: Shares declined 6.02% to ₹2,773 despite announcing positive performance metrics for June. The company's average client funding book reached ₹47.08 billion, a 55% increase year-over-year, and its client base expanded to 32.47 million.
Market Breadth
The overall market sentiment appears mixed, with significant movements in both directions across various sectors and stocks. While the broader indices show a slight decline, certain sectors like Diamond, Gems and Jewellery are showing strong positive momentum.
Conclusion
As the trading day progresses, the market displays a complex picture with the main indices in the red, but notable outperformance in specific sectors and stocks. Investors are closely watching company-specific news and regulatory developments that are driving significant stock movements.
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