A Ministry of Finance memo dated June 24 granted a two-year exemption to four Chinese power transmission and distribution companies, allowing them to participate in tenders issued by state-run entities. Previously, only TBEA had received a one-year approval earlier this year, with a minimum 50% local-content condition for reactor-category bids. The policy shift is seen as intensifying competition in India’s T&D equipment market, potentially weighing on order wins and pricing power for local leaders such as GE Vernova T&D, Hitachi Energy India and CG Power. On July 3, the three stocks fell 6.8%–9%, while GE Vernova extended its losing streak to nine straight sessions for a total decline of 17%.

Tata Motors Passenger Vehicles said Jaguar Land Rover’s Q1 FY27 retail sales fell 15.3% year on year to 80,000 units, citing temporary supply disruptions tied to Middle East conflict-related market disruption and a fire at a key component supplier. Wholesale volumes declined 9.2%, with sharper drops in China, Europe and overseas markets. The company said the impact was temporary and that it will report April–June quarter financial results in August. Tata Motors PV shares have fallen 13% over the past month and have struggled to rebound after hitting a 52-week low.

Indian stocks opened higher on July 3, with the Sensex and Nifty both up 0.71%, after a softer U.S. jobs report prompted markets to scale back expectations of a near-term Federal Reserve rate hike. The Nifty Metal index rose nearly 2%, led by gains of nearly 3% in Hindustan Zinc and more than 4% in National Aluminium Co. IT stocks advanced 1.9%, while Nasdaq 100 futures added 0.6% and gold extended its rally. India VIX slipped to 11.99, signalling reduced volatility.

Gold and silver prices on MCX rose in early trading on July 3 as weak U.S. jobs data eased expectations of U.S. Federal Reserve rate hikes. MCX gold August futures gained 1.40% to ₹1,47,800 per 10 grams, while MCX silver September contracts climbed 1.80% to ₹2,37,456 per kg. In the U.S., gold prices also rose more than 1% and were set for a first weekly gain in five weeks.

U.S. nonfarm payrolls rose by just 57,000 in June, well below the 110,000 forecast, while the jobless rate edged down to 4.2%. Markets responded by cutting the probability that the Federal Reserve will keep rates unchanged in September to 45%. Major U.S. stock indexes rose, with the Dow finishing at a record 52,900.07, the S&P 500 slightly higher and the Nasdaq modestly lower. The data shift directly reset rate expectations and served as a near-term trading catalyst for equity benchmarks.

A softer U.S. June jobs report, marked by slower hiring alongside a lower unemployment rate, tempered expectations of a rapid Federal Reserve rate hike this year. Asian equities rebounded on the shift in outlook, with the MSCI Asia Pacific index up 1.3%. Gold and Brent crude also climbed, while U.S. stocks were mixed as the Dow set a record and the Nasdaq edged lower.

Binance has launched a new spot trading contest in which participants can share a total of 500 BNB in rewards by trading the XLM/USDT pair. The campaign uses a “time-limited prize pool” structure, where higher trading volume earns a larger share of additional rewards. The promotion is open to eligible Binance users, though no specific start or end time was provided.

On July 2nd, 2026, TradingView launched data feeds for Hyperliquid and Trade[XYZ]. The rollout lets users worldwide view real-time onchain perpetual futures pricing from the two decentralized derivatives exchanges on TradingView, spanning crypto, equities, commodities, and foreign exchange. The integration embeds both venues’ onchain market data into a mainstream financial charting tool and is expected to boost their visibility and potential user reach. Hyperliquid and Trade[XYZ] are listed for trading on BingX, and their native tokens HYPER and XYZ are positioned to benefit from the expanded distribution channel.