Indian shares struggle as global bond yields surge, IT stocks like Wipro and Infosys rise

From Nasdaq: 2025-07-02 00:36:00

Indian shares struggled as global bond yields surged on hawkish Fed comments. Minneapolis Fed President Neel Kashkari expects it to take a year or two to reach inflation target. Sensex slightly lower at 77,471, Nifty up 19 points at 23,586. IT stocks like Wipro and Infosys rose after Accenture’s forecast. Bharti Airtel gained 2.1% with Indus Towers stake acquisition. Tata Motors fell 1% after launching Fleet Verse digital marketplace. Kotak Mahindra Bank, Adani Enterprises, HUL, and HDFC Bank down around 1%.



Read more at Nasdaq: Sensex, Nifty Struggle For Direction; IT Stocks Surge