Volatility hits markets on weekly expiry,Nifty at 25,405

The domestic share market indices traded on a lower note on Thursday, weighed by intraday volatility, despite positive opening.At close, the Sensex was down 170.22 points or 0.20 percent at 83,239.47, and the Nifty was down 48.10 points or 0.19 percent at 25,405.30. About 1947 shares advanced, 1912 shares declined, and 154 shares unchanged.
Apollo Hospitals, Hero MotoCorp, Dr Reddy's Labs, ONGC, Maruti Suzuki were the top gainers on the Nifty, while losers included SBI Life Insurance, Kotak Mahindra Bank, Bajaj Finance, JSW Steel, Bajaj Finserv.On the sectoral front, metal, realty, PSU Bank, telecom indices down 0.5 percent each, while pharma, media, oil & gas, auto, consumer durable up 0.3-1 percent.BSE Midcap index ended flat and smallcap index rose 0.5 percent.
Rupee Close: 
On 03 July'25,the Indian rupee closed 38 paise higher at 85.32 against the dollar on Thursday, amid optimism over signing trade deals with the US, along with a decline in crude oil prices.
Trading Guide: 
Vinod Nair, Head of Research, Geojit Investments stated,the domestic equity market continued to consolidate as profit booking followed last week's sharp rally. Investors remain watchful of developments surrounding the potential U.S. India trade agreement, with the 90 day pause nearing its end.FIIs have turned cautious in the recent days due to premium valuation. Despite these headwinds, sentiment remains supported by optimism surrounding the upcoming earnings season and the weakening U.S. dollar index.
Market experts recommended five shares to buy on Thursday- Subros, Tatva Chintan Pharma Chem, Sharda Cropchem, Pocl Enterprises, and LT Foods.

(Business Correspondent)