NSE Market Pulse — Thursday, 2 July 2026: Sector Trends, Top Performers & Macro Outlook
Weekly market pulse for Thursday, 2 July 2026: sector rotation analysis, top/bottom performing NSE sectors, commodity trends (Gold, Crude, Silver), and currency moves — AI-curated by QUANTSCASE.
Auto-generated — This post was published automatically from QUANTSCASE screener data and updates 3× daily on weekdays.
🤖 AI Market Analysis
Market Pulse – Thursday, 2 July 2026
Indian equity benchmarks closed the week on a steady note, with the Nifty 50 gaining +0.64% and the Sensex adding +0.66% over the past five sessions. On a one-month basis, the Nifty is up +2.95% and the Sensex +3.82%, outperforming most emerging market peers. In contrast, the broader EM ETF fell -3.02% for the week and -6.91% over the month, while China’s CSI 300 dropped -4.89% weekly. This divergence underscores India’s relative resilience amid global headwinds, particularly as developed market indices like the S&P 500 and NASDAQ posted weekly gains but remain negative on a monthly basis.
The most striking sector theme this week is a broad-based rally in Real Estate, with four sub-groups posting weekly gains between +9.05% and +12.51%, though the three-month picture remains negative for most. Financial Services also saw strong momentum, with one segment surging +8.98% for the week. On the lagging side, Industrials and select Financial Services sub-sectors managed only modest weekly gains of +6.00% to +6.09%, suggesting rotation away from cyclical industrials into rate-sensitive and defensive realty plays. Among sub-sectors, Utilities - Regulated Water jumped +36.24% weekly and Grocery Stores gained as much as +27.79%, pointing to defensive buying in consumer staples and regulated utilities.
Commodity markets present a mixed signal for NSE sectors. Brent crude tumbled -5.97% this week and is down -26.28% over the month, which could weigh on oil & gas stocks but benefit downstream and consumer sectors. Gold rose +2.61% weekly, while silver added +5.38%, though both remain deeply negative on a monthly basis. In currencies, the USD/INR strengthened +1.00% this week, making the rupee relatively weaker against the dollar. This could support export-oriented sectors like IT and pharma, while import-heavy industries such as electronics and crude oil refiners may face margin pressure.
Looking ahead, the sharp weekly drop in the VIX (-12.81%) suggests easing fear in global markets, which may support risk appetite for Indian equities. However, the persistent weakness in crude oil and emerging market currencies warrants caution. Investors should monitor global macro data and any policy cues from central banks next week, as the divergence between India’s positive one-month returns and the broader EM downturn could narrow if global risk sentiment deteriorates further.
📈 Indian Equity Indexes
Market-cap weighted returns across major NSE/BSE benchmarks.
| Index | 1W | 1M | 3M | 6M | 1Y |
|---|---|---|---|---|---|
| ACWI | +1.05% | -2.28% | +11.92% | +9.77% | +21.62% |
| AEX | +0.66% | +2.96% | +10.04% | +11.08% | +17.60% |
| Argentina | +2.79% | -1.30% | +11.05% | +2.16% | +60.96% |
| ASX 200 | -0.97% | -0.07% | +2.84% | +0.07% | +1.48% |
| Brazil | +0.19% | -1.08% | -8.08% | +7.10% | +24.10% |
| CAC 40 | +0.72% | +4.19% | +6.40% | +3.62% | +9.95% |
| Chile | +115.53% | +117.32% | +103.18% | +109.64% | +97.84% |
| CSI 300 | -4.89% | -2.07% | +6.06% | +7.00% | +24.54% |
| DAX | +2.39% | +3.21% | +9.85% | +4.29% | +6.93% |
| Developed | -0.39% | -1.99% | +8.81% | +12.88% | +24.42% |
| Dow Jones | +1.42% | +2.63% | +13.08% | +8.87% | +18.35% |
| EAFE | +1.36% | -0.45% | +6.02% | +8.41% | +17.16% |
| EM ETF | -3.02% | -6.91% | +15.17% | +20.10% | +36.37% |
| EM ETF2 | +0.76% | -3.18% | +9.29% | +10.10% | +19.30% |
| Euro Stoxx 50 | +1.64% | +5.23% | +14.95% | +10.80% | +19.62% |
| FTSE 100 | +1.51% | +3.45% | +5.03% | +7.62% | +21.14% |
| FTSE MIB | +1.34% | +4.88% | +14.79% | +15.66% | +31.90% |
| Hang Seng | -1.53% | -9.23% | -7.25% | -10.26% | -2.02% |
| HSCE | -1.96% | -10.52% | -9.27% | -14.48% | -10.73% |
| IBEX 35 | +1.11% | +8.55% | +12.23% | +12.79% | +40.18% |
| Israel | +1.87% | -3.04% | -2.55% | +9.93% | +60.51% |
| Jakarta | -4.24% | -7.28% | -21.33% | -33.98% | -20.26% |
| KOSPI | -1.98% | -5.52% | +57.34% | +102.23% | +178.85% |
| Malaysia | -0.12% | -1.26% | -2.75% | -0.98% | +9.58% |
| Mexico | +0.13% | -1.15% | -3.16% | +4.87% | +16.76% |
| NASDAQ | +1.95% | -4.58% | +18.37% | +10.39% | +27.97% |
| NIFTY 50 | +0.64% | +2.95% | +5.94% | -7.65% | -3.19% |
| Nikkei 225 | +1.88% | +5.61% | +35.83% | +39.82% | +81.24% |
| Russell 2000 | -0.36% | +2.22% | +19.29% | +19.85% | +36.38% |
| S&P 500 | +1.62% | -1.75% | +13.71% | +8.42% | +20.63% |
| Sensex | +0.66% | +3.82% | +5.33% | -9.38% | -5.37% |
| Shanghai | -2.22% | -1.13% | +2.69% | +3.56% | +18.89% |
| Shenzhen | -5.17% | -0.59% | +12.91% | +17.95% | +52.31% |
| Singapore | -0.03% | +1.54% | +6.79% | +12.59% | +30.08% |
| SMI | +1.15% | +8.91% | +13.63% | +8.71% | +20.16% |
| South Africa | +1.09% | -3.86% | +3.31% | -3.90% | +24.41% |
| Taiwan | +1.06% | +2.61% | +47.35% | +70.17% | +112.44% |
| Thailand | +1.23% | +1.44% | +11.21% | +26.40% | +39.59% |
| Turkey | +1.37% | +3.50% | +13.84% | +27.98% | +45.30% |
| VIX | -12.81% | +4.44% | -31.00% | +10.17% | -1.02% |
| World | +0.94% | -1.91% | +11.90% | +10.09% | +21.61% |
🏭 NSE Sector Performance
All sectors ranked by 1-week return (market-cap weighted). Green = gains, Red = losses.
| Sector | 1W | 1M | 3M | 6M | 1Y |
|---|---|---|---|---|---|
| Real Estate | +12.51% | +2.95% | -13.10% | -15.83% | -1.55% |
| Real Estate | +11.89% | +1.17% | -16.35% | -17.31% | -4.98% |
| Real Estate | +9.81% | +6.07% | -11.79% | -17.36% | -3.69% |
| Real Estate | +9.05% | +5.80% | +19.51% | -4.88% | -15.35% |
| Financial Services | +8.98% | +0.98% | -3.75% | -0.09% | +18.59% |
| Consumer Cyclical | +8.97% | +3.71% | -4.66% | -4.02% | +24.96% |
| Industrials | +8.91% | +3.17% | +3.73% | +1.20% | +30.69% |
| Utilities | +8.76% | +9.36% | +11.03% | +4.39% | +17.99% |
| Communication Services | +7.96% | +5.44% | -3.91% | -6.17% | +11.50% |
| Technology | +7.89% | +2.89% | -18.05% | -15.00% | -2.91% |
| Financial Services | +7.87% | +0.05% | -5.66% | -1.36% | +15.52% |
| Real Estate | +7.84% | -6.26% | -22.71% | -21.12% | -8.56% |
| Utilities | +7.83% | +8.40% | +12.48% | +4.75% | +17.15% |
| Industrials | +7.70% | +8.02% | +24.97% | +20.31% | +22.39% |
| Basic Materials | +7.59% | +3.49% | +2.36% | +6.13% | +31.25% |
| Utilities | +7.20% | +15.85% | +24.88% | +10.99% | +18.35% |
| Industrials | +7.03% | +6.75% | +5.14% | +1.05% | +27.04% |
| Utilities | +6.99% | +15.61% | +24.43% | +10.46% | +20.71% |
| Consumer Cyclical | +6.81% | +1.79% | -7.80% | -6.07% | +22.04% |
| Financial Services | +6.77% | +4.11% | +7.32% | -1.54% | +5.61% |
| Consumer Defensive | +6.71% | +10.71% | +3.49% | -5.17% | -1.40% |
| Utilities | +6.64% | +3.52% | +27.97% | +28.79% | +36.00% |
| Technology | +6.55% | +4.80% | -15.33% | -13.95% | -3.34% |
| Real Estate | +6.32% | -7.61% | -24.11% | -21.86% | -15.10% |
| Industrials | +6.28% | +14.14% | +16.58% | +6.61% | +26.03% |
| Real Estate | +6.25% | +4.96% | +15.67% | -4.62% | -16.74% |
| Technology | +6.13% | +5.69% | +8.44% | -12.01% | -9.40% |
| Industrials | +6.09% | +1.21% | -0.22% | -1.64% | +25.53% |
| Real Estate | +6.02% | +6.59% | +14.45% | -3.36% | -16.36% |
| Financial Services | +6.00% | +3.46% | -5.01% | -1.84% | +16.06% |
🔬 Top 10 Sub-Sectors This Week
Best performing industry groups within sectors by 1-week return.
| Sub-Sector / Industry | Sector | 1W | 1M | 3M |
|---|---|---|---|---|
| Utilities - Regulated Water | Utilities | +36.24% | +21.13% | +20.76% |
| Grocery Stores | Consumer Defensive | +27.79% | -6.79% | -15.09% |
| Grocery Stores | Consumer Defensive | +24.96% | +4.12% | -5.26% |
| Utilities - Regulated Water | Utilities | +23.00% | +36.69% | +35.18% |
| Grocery Stores | Consumer Defensive | +22.41% | +12.73% | -6.90% |
| Computer Hardware | Technology | +20.58% | +17.60% | +40.85% |
| Rental & Leasing Services | Industrials | +20.06% | +7.92% | -28.67% |
| Electronics & Computer Distribution | Technology | +20.01% | +19.82% | +67.65% |
| Utilities - Regulated Water | Utilities | +19.84% | +12.64% | -33.56% |
| Consulting Services | Industrials | +19.51% | -1.42% | -34.11% |
🛢️ Commodities
Commodity returns — Gold, Silver, Crude Oil, Natural Gas and more. Prices in INR/USD.
| Commodity | 1W | 1M | 3M | 6M | 1Y |
|---|---|---|---|---|---|
| Brent Crude | -5.97% | -26.28% | -30.04% | +14.29% | +2.40% |
| Cocoa | -2.52% | +22.42% | +50.34% | -17.05% | -43.52% |
| Coffee | +6.06% | +18.17% | +2.85% | -12.54% | +2.80% |
| Copper | +1.80% | -7.07% | +9.88% | +7.89% | +20.01% |
| Corn | +7.23% | +0.96% | -2.09% | +0.96% | +5.89% |
| Cotton | +5.89% | +0.88% | +9.84% | +20.83% | +16.40% |
| Crude Oil WTI | -5.83% | -27.76% | -32.35% | +16.88% | +0.42% |
| Gasoline | -5.27% | -8.79% | -7.23% | +66.64% | +35.09% |
| Gold | +2.61% | -7.87% | -13.54% | -5.36% | +23.53% |
| Heating Oil | -3.72% | -14.15% | -21.73% | +47.66% | +31.67% |
| Natural Gas | -4.94% | +0.35% | +12.74% | -19.99% | -8.89% |
| Palladium | +7.74% | -7.40% | -13.99% | -25.50% | +15.02% |
| Platinum | +1.78% | -15.86% | -17.22% | -26.97% | +14.72% |
| Silver | +5.38% | -18.36% | -18.96% | -20.54% | +68.79% |
| Soybeans | +1.97% | -1.33% | -1.60% | +9.89% | +12.20% |
| Sugar | +9.74% | +3.41% | -2.75% | +0.20% | -4.56% |
| Wheat | +2.33% | +0.29% | +1.21% | +18.40% | +12.56% |
💱 Currency Pairs
Key currency pairs and how they shifted this week.
| Currency Pair | 1W | 1M | 3M |
|---|---|---|---|
| AUD/USD | +0.52% | -3.32% | +0.73% |
| EUR/USD | +0.80% | -1.52% | -0.56% |
| GBP/USD | +1.52% | -0.65% | +1.36% |
| US Dollar Index | -0.66% | +1.56% | +1.12% |
| USD/BRL | -0.27% | +3.44% | +0.69% |
| USD/CAD | -0.37% | +2.45% | +1.70% |
| USD/CHF | -1.28% | +1.77% | +0.13% |
| USD/CNY | -0.23% | +0.18% | -1.57% |
| USD/IDR | -0.01% | +0.73% | +5.89% |
| USD/INR | +1.00% | +0.12% | +2.59% |
| USD/JPY | -0.54% | +0.57% | +0.69% |
| USD/KRW | -0.18% | +1.55% | +2.04% |
| USD/MXN | -0.92% | +0.93% | -2.36% |
| USD/TRY | +0.40% | +1.62% | +4.73% |
| USD/ZAR | -1.98% | -0.10% | -4.31% |
Drill deeper — run live sector and screener analysis on QUANTSCASE
Disclaimer: This post is auto-generated for informational purposes only and does not constitute financial advice. Sector and macro data is market-cap weighted and reflects previous trading day closing prices. Past performance is not indicative of future results. Always conduct your own research.
