Markets at Noon: Nifty and Sensex Dip Slightly as Telecom Sector Struggles
By ScanX News Team
Indian markets show a slight downward trend at midday, with Nifty 50 at 25,487.20 (-0.21%) and Sensex at 83,508.57 (-0.23%). Diamond, Gems and Jewellery sector leads gains (+3.33%), while Telecom Equipment & Infra Services underperforms (-1.57%). TVS Srichakra buzzes despite GST demand notice, up 8.85% at ₹3,330.00.
*this image is generated using AI for illustrative purposes only.
Market Overview
As the clock strikes noon on July 2, 2025, Indian markets are showing a slight downward trend. The Nifty 50 is currently trading at 25,487.20, down 54.60 points or 0.21% from its previous close. Similarly, the BSE Sensex stands at 83,508.57, reflecting a decrease of 188.72 points or 0.23%.
Sectoral Performance
Top Performing Sectors
| Sector | Avg. Per Change |
|---|---|
| Diamond, Gems and Jewellery | 3.33% |
| Castings, Forgings & Fasteners | 2.10% |
| Aviation | 1.18% |
| Engineering Services | 0.75% |
| Cables | 0.68% |
Underperforming Sectors
| Sector | Avg. Per Change |
|---|---|
| Telecom Equipment & Infra Services | -1.57% |
| Trading | -1.12% |
| Printing & Stationery | -0.87% |
| Packaging | -0.67% |
| Insurance | -0.66% |
Buzzing Stocks
TVS Srichakra, an automotive sector company, is making headlines today. The company has received a Goods and Services Tax (GST) demand notice for ₹65.38 Crore, representing a significant financial obligation. Despite this news, the stock is currently trading at ₹3,330.00, up by 8.85% from its previous close.
Conclusion
As we reach the midpoint of today's trading session, the markets are showing a slight bearish trend. While the broader indices are marginally down, there's significant sector-wise divergence. The Diamond, Gems and Jewellery sector is leading the gains, while Telecom Equipment & Infra Services are facing the most pressure. Investors are closely watching TVS Srichakra following the GST demand notice news.
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