Stock Market Outlook: Indian benchmark indices Sensex and Nifty 50 are expected to open higher on Friday, July 3, after mixed signals from global markets. Gift Nifty indicated a positive start, trading near 24,416 and showing a premium of about 151 points over the prior Nifty futures close. On Thursday, the domestic market closed in positive territory, with Nifty 50 finishing above the 24,100 mark. Sensex rose 0.75 percent to end at 77,502.12, while Nifty 50 gained 0.71 percent to settle at 24,175.70. Stocks in focus on July 3 include Adani Enterprises, which launched a qualified institutional placement to raise up to Rs 10,000 crore. The issue opened on Thursday and targets up to 34.7 million shares for large investors at an indicative price of Rs 2,883 each, reflecting a discount from Thursday’s close. Proceeds are slated for a new PVC plant and part payment of a road project concession fee. Coal India raised supplies to power plants to 51.44 million tonnes in June FY26-27, marking 5.9 percent growth from 48.57 million tonnes a year earlier amid higher summer electricity demand. Sterlite Technologies announced it had raised Rs 1,500 crore via qualified institutional placement with participation from domestic and overseas investors.
