Bank Nifty is something that looks a little tired and a bit of a correction can be seen on that front. So traders should closely monitor 42,900 as that happens to be the immediate support, at the moment. If 42,900 breaks, then maybe traders can look for a short selling opportunity in the Bank Index and then a 400-500 points downside can be seen in the Bank Nifty. Overall as far as markets are concerned I see a bit of a profit booking but nothing alarming at the moment.
US stocks today: Nasdaq ends lower with tech slip; investors assess softer jobs data
US markets closed mixed as weak June jobs data cooled rate hike fears. Nasdaq fell on tech and chip stock declines, while the Dow rose
July 2, 2026