Stock market today, July 1 -- The Indian stock market closed in negative territory on Tuesday, 30 June, with the benchmark Nifty 50 slipping below the 23,900 mark. The Sensex fell 249.70 points, or 0.33%, to end at 76,478.67, while the Nifty 50 declined 80.50 points, or 0.34%, to settle at 23,865.75.

However, the market is likely to open flat as trends in the Gift Nifty index signalled a muted start on Wednesday, 1 July. Gift Nifty was trading near the 23,994 mark, down over 16 points from the previous close of Nifty futures.

"The broader market is expected to trade with a cautious undertone. Supportive global cues, including gains on Wall Street overnight and a positive trend across Asian equities in early trade, are likely to underpin...