MediumNeutral
Announced Fri, 3 Jul · 20:08 IST

Pulse of the Street: Realty and healthcare lifts markets, but weak rupee clouds rally

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indian markets rose nearly 1% this week, with the Sensex closing at 77,763.94 (+0.34%) and Nifty 50 at 24,270.85 (+0.39%), supported by softer crude oil at $72.70/barrel and easing volatility (India VIX at 11.79). Realty surged 7.8% and healthcare gained 3.1%, while capital goods fell 2.7% and power declined 2.6%, indicating selective sector rotation rather than a broad-based rally. The rupee weakened 0.92% to 95.223 against the dollar, emerging as the second-worst performing global currency, with analysts noting June-quarter earnings as the key trigger to sustain the recovery.