Finin2min Daily Brief | 03 July 2026
IT rebounds, crude stays near $72 - but services demand cools
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Source-led Markets coverage — what changed, why it matters, who is affected and what action is required.
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IT rebounds, crude stays near $72 - but services demand cools
India rises while Asia falls | Finin2min Newsletter 2nd July 2026
IT drags the final session. June still ends positive.
Weekend Iran-US Strikes on Kuwait, Bahrain Rattle Markets · Sensex Falls 372 Pts to 76,728, Nifty Below 23,950 · IT, Auto, Banks, Energy All Drag
Sensex, Nifty Extend Gains for Second Straight Session — Brent Crude Falls Below $73, Near Pre-War Levels, as Hormuz Traffic Normalizes Further
Sensex Surges 791 Pts to 76,991, Nifty Reclaims 24,000 After RBI Injects ₹1.41 Lakh Crore via Repo Auction · Banks, IT, Realty Lead a Broad-Based Recovery from Tues…
Global Tech Rout Hits India: Sensex Tanks 893 Pts to 76,201 · Nifty Below 23,850 · KOSPI Crashes 10% on AI Valuation Fears, Triggers 20-Min Trading Halt
Sensex, Nifty Bounce Back After Friday's IT-Led Fall · Sensex +291 pts to 77,094 · Nifty Reclaims 24,100 · Pharma, IT, Media, Energy All Lead Gains
Accenture Guidance Cut Triggers Nifty IT's Worst Day Since April 2023 · Index Cracks 6.4% to 26,634 · Infosys, Mphasis Down 8% · 5-Day Win Streak Snapped
US-Iran 14-Point MoU Formally Signed at G7 · "Ships of the World, Start Your Engines" — Trump · Hormuz Reopens Friday for Demining · 5th Straight Market Gain
Nifty Closes at 24,085.70 — Officially Crosses & Holds 24,000; Sensex +347 pts at 77,156; War Discount Fully Erased; 4th Straight Session of Gains
Nifty Gains Third Straight Session · Sensex +273 pts at 76,537 · US Markets at Record Highs · S&P 500 Best 3-Day Rally in 13 Months
US-Iran Peace Deal Formally Confirmed · War Over After 107 Days · Nifty Crosses 24,000 Intraday · Sensex +736 pts at 76,264 · Rupee Gains 40 Paise
Sensex +1,695 pts · Nifty +461 pts (+1.99%) · Nifty Bank +3% · Biggest Single-Day Rally of 2026 on US-Iran Peace Deal Reports
US Launches Further Attacks on Iran · Sensex Falls 150 pts · Nifty at 23,162 · IT & Consumer Durables Worst Hit
Sensex Opens +0.7%, Then Gives Back 630 pts — Closes +64 Only · Nifty Ends at 23,215 · SMIDs Underperform Sharply
Two-Day Losing Streak Snapped — RBI Launches Twin Forex Swap Facilities · Israel-Iran Tensions Ease · Banks Lead Rally
Iran Retaliates Against Israel · Houthis Ban Israeli Red Sea Navigation · Brent +2.5% to $95.42 · Sensex −719 pts · Nifty at 23,123
RBI DECISION: Repo Rate HELD at 5.25% · GDP downgraded 6.9% → 6.6% · CPI raised · Neutral stance retained · Unanimous 6-0 vote
RBI Holds at 5.25% Unanimously — But Cuts GDP Forecast, Raises Inflation Outlook. Markets Sell the News.
Markets Settle Virtually Flat on RBI MPC Eve — Broader Markets Outperform; Consumers, Autos, Banks Support; IT and Metal Drag
Sensex −304 pts · Nifty −78 pts · Iran Strikes Kuwait Airport · Brent ~$98 · RBI MPC Day 1 Begins · Trade Deal Still 1% Away
Sensex Reclaims 74,650 — Markets Stage Volatile Recovery from 4-Day Losing Streak; IT Leads as Trade Deal Optimism Trumps Iran Anxiety
4 Sessions Down: Nifty at 23,383 · Sensex Below 74,300 · Israel-Lebanon Escalation Adds New Geopolitical Layer
A Tale of Two Markets: Nifty Touched 24,000 and 23,548 in the Same Week
Sensex Crashes 1,092 Points — Fag-End Collapse Driven by MSCI Rebalancing Passive Outflows + Iran Deal Anxiety on the Last Trading Day of May
Markets Decline for Third Straight Day — HDFC Bank Drags Sensex 141 Points; Nifty Barely Holds Above 23,900; Nifty Media Surges 3.05%
US Strikes Iran Again — Yesterday's Peace Rally Completely Undone as Brent Rebounds; Nifty Falls 118 Points but Broader Markets Hold Firm
Sensex Surges 1,074 Points, Nifty Tops 24,000 — Brent Crude Crashes Below $100 on US-Iran Deal Progress; Broad-Based Rally as Banks, Auto, Infra Lead
Nifty +0.3% · Sensex +0.2% WoW · IT leads rebound after last week's −5.71% crash · Realty +2.4% WoW · Midcap +1.4% · Rupee hit record closing low ₹96.82 mid-week, r…
Rupee Strengthens, Nifty Closes at 23,719 — Banks Lead the Rally; Sun Pharma Drags; Markets End the Week Cautiously Optimistic
Markets Stage a Strong Recovery, Erase Morning Losses — Oil Below $110 Provides Relief; Metal & Consumer Durables Shine for Second Day
Nifty Recovers to Close Green — Energy & Auto Lead; Rupee Hits New All-Time Low of ₹96.89; Bond Yields Rise to 7.13%
Nifty Opened Higher on Iran Peace Hopes, Gave It All Back — Banks and Metals Drag; Broader Markets Outperform
Remarkable Recovery: Nifty Opens -1% at 23,400, Closes +0.03% at 23,649 — Recouped 1,135 pts from Day's Low Markets opened sharply lower on Iran war fears + Gulf en…
Broad selloff this week · Nifty -2.20% · IT worst performer -5.71% · Realty -8.17% · VIX spikes +11.58% to 18.79 · Only Healthcare, Pharma, Metal in green