Indian benchmark indices, Sensex and Nifty, are expected to open on a firm note on July 4, taking cues from GIFT Nifty, which was trading around 25,528 earlier this morning.

The market direction is likely to be influenced by progress in the India-US trade deal, key US economic data, India’s forex reserves for the week ended June 27, institutional investment trends, ongoing primary market activity, and mixed global cues.

On July 3, Indian indices were unable to sustain their early gains and ended lower in yet another volatile trading session, with the Nifty closing near the 25,400 mark.

On Thursday, the 30-share benchmark index ended at 83239.47 down by -170.22 points or by -0.2 % and then NSE Nifty was at 25405.3 down by -48.1 points or by -0.19 %.

On the global front, Asia-Pacific markets were mixed on Friday, following gains on Wall Street after a stronger-than-expected US jobs report helped ease investor concerns about a potential economic slowdown.

Nikkei was up 0.17 per cent, while the broader Topix index inched up 0.23 per cent. Kospi slipped 0.47 per cent, while ASX 200 rose 0.19 per cent.

The Dow Jones Industrial Average gained 344.11 points, or 0.77 per cent, to finish at 44,828.53. The S&P 500 rose 0.83 per cent to 6,279.35, while the Nasdaq jumped 1.02 per cent to 20,601.10.

US markets will remain closed on Friday in observance of the Independence Day holiday.

Back home, Top traded Volumes on NSE Nifty – Tata Steel Ltd. 60571824.00, Eternal Ltd. 19402947.00, NTPC Ltd. 15786429.00, ITC Ltd. 14185298.00, Oil And Natural Gas Corporation Ltd. 13891239.00,

On NSE, total number of shares traded was 395.55 Crore and total turnover stood at Rs. 96738.82 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 125226 with a total turnover of Rs. 24338.56 Crore. Along with this total number of contracts traded in stock futures were 1147973 with a total turnover of Rs. 80806.87 Crore. Total numbers of contracts for index options were 103471465 with a total turnover of Rs. 19854424.10 Crore. and total numbers of contracts for stock options were 4575953 with a total turnover of Rs. 334452.63 Crore.

The FIIs on 03/07/2025 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 14890.48 Crore and gross debt purchased stood at Rs. 104.57 Crore, while the gross equity sold stood at Rs. 15813.14 Crore and gross debt sold stood at Rs. 1463.75 Crore. Therefore, the net investment of equity and debt reported were Rs. -922.66 Crore and Rs. -1359.18