How Dalal Street fared
Indian equities extended their winning run for a fourth straight session on Monday as banking heavyweights, auto and realty stocks powered benchmark indices higher. Foreign investors remained on the buying side for a second consecutive session, while domestic institutions stepped back in with strong support. The rupee, however, weakened against the dollar, reminding investors that global headwinds haven't disappeared.
Explained: Why Sensex gained 521 points and Nifty closed above 24,400 today
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The equity benchmark indices BSE Sensex and NSE Nifty ended higher for the fourth consecutive session on Monday (July 6), led by strong gains in banking heavyweights, strength in auto and realty stocks, and positive moves in select large-cap and mid-cap names.
Also read: Rupee falls 10 paise to 95.28 against US dollar in early trade
FIIs remain buyers, DIIs reverse to strong buying as markets extend rally
Foreign institutional investors (FIIs) remained net buyers in Indian equities on Monday, July 6, albeit at a slower pace, purchasing shares worth a provisional ?243.03 crore, according to exchange data.
What to watch on Tuesday
After Monday's strong finish, investors will now watch whether the Nifty has enough momentum to challenge its next resistance levels. Corporate updates from Titan, Trent and Tata Motors will keep stock-specific action alive, while crude oil prices and one of the world's biggest technology listings could influence global sentiment.
Nifty outlook for July 7: Index within touching distance of two key levels as upmove continues
Indian equities began the week on a strong note, with benchmark indices ending sharply higher as broad-based buying kept bullish momentum intact throughout Monday's session.
Stocks to Watch for July 7: Cochin Shipyard, Titan, Trent, Varun Beverages and more
From Titan reporting a 41% year-on-year growth in its consumer businesses for Q1 FY27 to Tata Motors Passenger Vehicles reporting higher production and domestic sales during the April-June 2026 quarter, here are some stocks to track ahead of Tuesday trading session
Oil prices could slip below $60 if China holds back on buying, says energy expert
Global oil markets are likely to move into a supply surplus later this year, which could push crude prices below $60 per barrel if China postpones replenishing its strategic petroleum reserves, according to Christof Ruehl, Global Adviser at Crystol Energy.
Explained: Why SK Hynix's record $29 billion NASDAQ listing matters for the AI boom
South Korean memory chipmaker SK Hynix is set to make history with a record-breaking American Depositary Receipt (ADR) listing on the NASDAQ, raising as much as $29 billion. While the deal is notable for its size, its significance goes far beyond setting a fundraising record.
Outside the markets
Away from the markets, Monday brought another wave of developments shaping the broader business landscape. Microsoft joined the growing list of technology firms trimming jobs as AI spending accelerates, Mumbai continues to battle relentless monsoon rains, Saudi Arabia slashed crude prices for Asian buyers, and fuel dealers in Odisha raised fresh concerns over the rollout of E20 petrol.
Microsoft joins AI-driven tech layoff wave with 4,800 job cuts
Microsoft announced the cuts on Monday following a rough stretch, with its shares falling nearly 23% in the first six months of 2026, their worst first-half performance since 2022.
Mumbai rains: Scenes of flooding, landslides and disruption as the city remains under red alert
Mumbai woke up to its third consecutive day under a red alert on Monday, as relentless monsoon rain battered the city and its neighbouring districts, triggering landslides, a fatal building collapse, and widespread disruption to daily life. As authorities scramble to respond, with thousands of BMC personnel on the ground and NDRF teams racing to rescue those trapped, here's a look at how the city is coping with nature's fury, and when the skies might finally clear.
E20 petrol: Odisha fuel dealers urge Centre to rethink rollout, cite vehicle complaints
The Petroleum Dealers Association (PDA), Odisha has urged the government to reconsider the introduction of E20 fuel, saying fuel dealers are facing significant difficulties following its rollout. Sasanka Sekhar Sahu, President, PDA, said to ANI while ethanol blending is capped at 10% in most countries, India has implemented a 20% blend.
Saudis make biggest oil price cut in decades as market weakens
Saudi Arabia cut the price of its main crude grade for customers in Asia in August by the most in at least 26 years, as a surge in global supply heightens competition for buyers.
That's your Top 10@10 for today. See you tomorrow with another roundup of the stories shaping markets, business and the economy.