Nifty 50 is trading at 24,329.90, up 0.64%, while Sensex holds above the 77,990 mark as IT heavyweights extend their rally into a second session. Here’s your midday markets snapshot for 3 July 2026.
📊 Mid-Session Market Action
Nifty 50 is up 0.64% at 24,329.90 and Sensex is up 0.63% at 77,993.18, both holding firmly in the green through the mid-session. Nifty Financial Services is also up 0.60% at 27,023.80, while Nifty Bank is nearly flat at 58,057.15 (+0.04%), suggesting banks are lagging the broader rally. IT stocks remain in focus after a strong session on July 2, when Infosys surged 5.82% to ₹1,042.60, Tech Mahindra gained 4.57% to ₹1,424.40, HCLTech advanced 4.56% to ₹1,081.40, and TCS climbed 4.45% to ₹2,070.90 — that momentum appears to be carrying into today’s trade. On the losing side, Max Healthcare, Larsen & Toubro, and Axis Bank saw mild profit booking in the prior session, and traders are watching whether that weakness persists today.
₿ Crypto Pulse — 11 AM Update
Bitcoin has rallied roughly 4% to above $61,000 (around ₹58.4 lakh), with Fed Chair Kevin Warsh’s comments on easing inflation risk fueling a broad crypto recovery. Ethereum has pushed up to about $1,661 (roughly ₹1,58,300), up close to 2.8% on the day, while XRP has recovered to $1.09. Adding to bullish sentiment, Metaplanet disclosed another $170 million bitcoin purchase, taking its treasury to 43,000 BTC and making it the world’s third-largest publicly listed bitcoin holder.
💰 Live Rates — 11 AM IST
| Asset | Price | Change |
|---|---|---|
| Nifty 50 | 24,329.90 | +0.64% |
| Sensex | 77,993.18 | +0.63% |
| Bitcoin (BTC) | ₹58.4L / ~$61,200 | +4% (24hr) |
| Ethereum (ETH) | ₹1,58,300 / ~$1,661 | +2.8% (24hr) |
| Gold (10g, 24K) | ₹1,45,608 | Higher, tracking global futures |
| Silver (1kg) | ₹2,45,000 | Steady |
| USD/INR | ₹95.31 | +0.06% |
| Crude Oil (Brent) | ~$71.19 | Near multi-month lows |
📰 Top 5 Stories Making Markets Move Today
- IT stocks power the rally — Infosys, TCS, Tech Mahindra and HCLTech have led gains over the past two sessions on strong deal-pipeline commentary, lifting the broader Nifty even as banks stay range-bound.
- Fed’s dovish tone lifts crypto — Bitcoin jumped 4% past $61,000 after Fed Chair Kevin Warsh signaled that inflation risks are easing, reviving risk appetite across digital assets including Ethereum and XRP.
- Brent crude near multi-month lows — Brent has slipped toward $71/barrel, its lowest since late February, as shipping through the Strait of Hormuz recovers and US-Iran talks progress, easing supply-disruption fears.
- Gold holds firm on softer US jobs data — Gold futures climbed after weaker-than-expected US employment numbers boosted safe-haven demand, keeping domestic 24K rates elevated near ₹1.46 lakh per 10g.
- Metaplanet doubles down on bitcoin — The Japanese firm added $170 million in BTC, growing its holdings to 43,000 coins and becoming the third-largest listed corporate bitcoin holder, a sign of continuing institutional accumulation.
🎯 Afternoon Watch List
Keep an eye on whether Nifty Bank can join the rally — it’s been the weak link at just +0.04% while the headline index runs hot on IT strength; a break above 58,200 could confirm broader participation. In crypto, Bitcoin’s push past $61,000 puts the $62,500 resistance zone in sight, while a slip back under $60,000 would suggest the rally is running out of steam. Also watch Brent crude around the $71 level — a further break lower would ease inflation pressure and could support rate-sensitive sectors like banks and autos into the close.
Data sourced from live market feeds. Last updated: 11:00 AM IST, 3 July 2026. This is for informational purposes only and not investment advice.
Related posts:
