Closing Bell: Sensex jumps 1,046 pts, Nifty above 25,100; all sectors in the green

Market Close | Nifty above 25,100, Sensex jumps 1,046 pts

Indian equity indices ended on strong note with Nifty above 25,100 on June 20. At close, the Sensex was up 1,046.30 points or 1.29 percent at 82,408.17, and the Nifty was up 319.15 points or 1.29 percent at 25,112.40.

We wrap up today's edition of the Moneycontrol live market blog, and will be back Monday morning with all the latest updates and alerts. Please visit https://www.moneycontrol.com/markets/global-indices for all the global market action.

All the sectoral indices ended in the green, with metal, PSU Bank, realty, power, telecom, capital goods up 1-2 percent....Read More

Market This Week

Friday’s gain helps market regain losses of last week

Sensex & Nifty rise more than 1% each while Midcap index slips 1%

Market manages to post weekly gains despite ongoing geopolitical tensions

Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities

After showing choppy movement amidst rising geo-political tension the last few sessions, Nifty finally witnessed an excellent breakout on Friday and closed the day higher by 319 points. After opening with a positive note, the market moved up sharply in the early part of the session. The upside momentum sustained in the mid to later part of the session and Nifty closed at the highs.

A long bull candle was formed on the daily chart after the formation of narrow range movement on the downside in the last three sessions. This market action is indicating a decisive upside breakout of choppy movement. Nifty on the weekly chart formed a long bull candle after a sharp weakness of last week and is placed at the upper end of broader high low range. This is positive indication.

The underlying trend of Nifty is positive. The next upside levels to be watched around 25250. A decisive breakout of the range could pull Nifty towards the next upside target of 25650 in the near term. Any consolidation or minor dips down to the immediate supports of 24900 could be a buy-on-dips opportunity.

Prashanth Tapse, Senior VP (Research), Mehta Equities

Markets witnessed consolidation after the recent spell of subdued trend, as strong European cues and positive Dow Futures triggered a massive rally in local benchmarks.

Investors also resorted to short covering ahead of next week's monthly derivatives expiry. Despite the rebound, investors would still maintain caution due to the ongoing West Asia conflict, as any spike in crude oil prices owing to escalation in tension could fuel uncertainty and spook markets.

Ajit Mishra – SVP, Research, Religare Broking

Markets showed strength and gained over a percent after three sessions of lackluster movement. Following an initial uptick, the Nifty gradually moved higher, surpassing the key hurdle at 25,000 and closing near the day’s high at 25,112. Sentiment improved after the news report indicated a possible de-escalation in the Iran-Israel conflict, with the U.S. signaling a delay in potential action, which led to a softening in crude oil prices.

Additionally, consistent buying by FIIs in the cash segment further supported the market. All key sectors participated in the rally, with realty, financials, and metals emerging as top gainers. The broader indices also saw relief, posting gains in the range of 1% to 1.4%.

The outlook remains positive, and a decisive move above 25,200 on the Nifty would signal the end of the ongoing 5-week consolidation phase and open the path toward the 25,600–25,800 zone.

In the absence of any major domestic events, global markets will continue to guide sentiment. We maintain our positive yet cautious stance and advise focusing on stock selection, particularly in line with sectoral trends.

Vinod Nair, Head of Research, Geojit Investments

The national equity indices surged as Middle East tension moderated with risk of immediate military actions reduced as US dialogue with Iran is expected to take place. The development led the crude price to correct, favouring domestic markets and boosting foreign investors’ sentiments.

In the broader market, rapid fall in VIX index and buying was witnessed in rate sensitives and consumer oriented sectors like Finance, Auto and Reality and in anticipation of better Q1FY26 results led by rate cuts benefits, drop in inflationary pressure and rebound in consumer spendin

Rupak De, Senior Technical Analyst at LKP Securities

Nifty moved up sharply after three days of consolidation, resuming its short-term rally. Moreover, the index has reclaimed the 21-day EMA, which could provide further momentum for an upward move.

Support is now placed at 24,850, and the index remains a ‘buy on dips’ as long as it holds above this level. On the higher side, it may continue advancing towards 25,350 and beyond.

Rupak De, Senior Technical Analyst at LKP Securities

Nifty moved up sharply after three days of consolidation, resuming its short-term rally. Moreover, the index has reclaimed the 21-day EMA, which could provide further momentum for an upward move.

Support is now placed at 24,850, and the index remains a ‘buy on dips’ as long as it holds above this level. On the higher side, it may continue advancing towards 25,350 and beyond.

Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

Rupee traded positive with gains of 0.15 at 86.57, supported by softer crude oil prices and a weaker dollar index. Continued FII and DII inflows into Indian markets have helped limit the rupee's downside despite ongoing geopolitical tensions over the past few months. The rupee is expected to trade in a range of 86.00 to 86.85.

Currency Check | Rupee closes 14 paise higher

Indian rupee ended 14 paise higher at 86.59 per dollar on Friday versus Thursday's close of 86.73.

Market Close | Sensex jumps 1,046 pts, Nifty above 25,100; all sectors in the green

Indian equity indices ended on strong note with Nifty above 25,100 on June 20.

At close, the Sensex was up 1,046.30 points or 1.29 percent at 82,408.17, and the Nifty was up 319.15 points or 1.29 percent at 25,112.40. About 2366 shares advanced, 1427 shares declined, and 149 shares unchanged.

BSE Midcap index rose 1.2 percent and smallcap index gained 0.5 percent.

All the sectoral indices ended in the green, with metal, PSU Bank, realty, power, telecom, capital goods up 1-2 percent.

Jio Financial, M&M, Bharti Airtel, Bharat Electronics, Trent were among top gainers on the Nifty, while losers included Hero MotoCorp, Bajaj Auto, Maruti Suzuki, Dr Reddy's Laboratories.

Sensex Today | Go Digit General Insurance shares jump to highest in eight months

Anuj Choudhary – Research Analyst at Mirae Asset Sharekhan

Indian Rupee gained today on surge in domestic markets and some softening in crude oil prices. However, a strong US Dollar and geopolitical tensions in the Middle East capped sharp gains.

We expect Rupee to trade with a negative bias amid uncertainty over geopolitical tensions in the Middle East. Any further aggression over the weekend may put downside pressure on the Rupee. Strong US Dollar and elevated crude oil prices may also put downside pressure on the Rupee. However, FII inflows and positive tone in the domestic markets may support Rupee at lower levels. USDINR spot price is expected to trade in a range of Rs 86.30 to Rs 86.95.

Brokerage Call | HSBC initiate ‘buy’ rating on Trent, target price at Rs 6,700

#1 Zudio to drive company’s growth with approximately 200 new stores annually over FY25–28

#2 See low competition risk

#3 Reimagined Westside & Zudio Beauty to support growth

#4 P/E ratio at 2.4x is lower than Vishal & Page, backed by stronger growth & profitability

Stock Market LIVE Updates | Indus Towers share price rises most in 10 weeks

The share touched a 52-week high of Rs 460.70 and a 52-week low of Rs 312.65 on 02 September, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 12.41 percent below its 52-week high and 29.07 percent above its 52-week low.

Market capitalisation stands at Rs 106,463.06 crore.

Stock Market LIVE Updates | MRF shares down most in more than 5 months

The share touched a 52-week high of Rs 147,401.00 and a 52-week low of Rs 100,500.00 on 26 May, 2025 and 05 March, 2025, respectively.

Currently, the stock is trading 9.29 percent below its 52-week high and 33.04 percent above its 52-week low.

Market capitalisation stands at Rs 56,704.48 crore.

Stock Market LIVE Updates | AIA Engineering shares down most in 11 weeks

The share touched a 52-week high of Rs 4,940.00 and a 52-week low of Rs 3,005.10 on 12 August, 2024 and 09 May, 2025, respectively.

Currently, the stock is trading 34.34 percent below its 52-week high and 7.93 percent above its 52-week low.

Market capitalisation stands at Rs 30,268.46 crore.

Brokerage Call | BoFA Securities keeps ‘outperform’ rating on Dr. Reddy's Laboratories, target price at Rs 1,500

#1 Key debate in DRRD is EBITDA margin post gRevlimid

#2 FY25 core at 13–14 percent vs 25 percent guide (cons 22 percent, BoFAe 24 percent)

#3 Base business growth of low-teens excluding Sema, boosted by Sema launch in Canada

#4 Costs may rise if large launches delay

#5 Sema approval, Deno approval & Abatacept filing are key catalysts

#6 Tariff risk exists with expected low rates

Markets@3 | Sensex gains 800 points, Nifty near 25050

The Sensex was up 813.95 points or 1.00 percent at 82,175.82, and the Nifty was up 251.55 points or 1.01 percent at 25,044.80. About 2270 shares advanced, 1184 shares declined, and 90 shares unchanged.

IPO Check | Arisinfra Solutions IPO subscribed at 2.33 times at 2:50 PM (Day 3)

QIB – 1.20 times

NII - 2.74 times

Retail – 5.08 times

Overall – 2.33 times

The company’s management noted that any perceived slowdown at the upper end of the market may be due to above-market pricing and landmark deals, which have raised expectations among some developers....Read More

Sensex Today | BSE IT index snaps 2-day fall, up 0.4%

FTSE rejig: Bucking the trend, Vishal Mega Mart shares dropped over 1% to trade in the red at Rs 125 apiece....Read More

Brokerage Call | BoFA Securities retain ‘underperform’ rating on Siemens, target price at Rs 2,564

#1 Siemens Energy India trades at a premium vs peers

#2 Siemens (ex-energy) is expensive at 56x FY27; maintain underperform

#3 Core business faces weak private capex

#4 Growth driven by public capex & mobility despite execution challenges

#5 Digital margin under pressure, recovery depends on mobility & smart infra growth

Sensex Today | HAL wins bid to privately make small satellite launch rockets

The range=bound trade will be broken only on news of de-escalation of the Israel-Iran conflict or an abrupt end to the war, suggested experts. ...Read More

Sensex Today | Poonawalla Fincorp board approves fund raise of up to Rs 1,600 crore via NCDs on private placement basis

Sensex Today | Adani Ports in focus after shipping giant Maersk announced a temporary halt in docking Maersk-operated vessels at Haifa Port

FTSE rejig: Bucking the trend, Vishal Mega Mart shares dropped over 1% to trade in the red at Rs 125 apiece....Read More

IPO Check | Arisinfra Solutions IPO subscribed at 2.21 times at 2:05 PM (Day 3)

QIB – 1.20 times

NII - 2.52 times

Retail – 4.80 times

Overall – 2.21 times

Markets@2 | Nifty above 25000, Sensex up 830 points

The Sensex was up 833.25 points or 1.02 percent at 82,195.12, and the Nifty was up 246.95 points or 1.00 percent at 25,040.20. About 2139 shares advanced, 1261 shares declined, and 109 shares unchanged.

Stock Market LIVE Updates | Aegis Vopak Terminals executes BTA with Sea Lord Containers to acquire LPG Terminal

Aegis Vopak Terminals and Sea Lord Containers has executed the business transfer agreement to acquire LPG Terminal having Cryogenic static LPG storage capacity of 82,000 MT at New Mangalore Port, from Sea Lord Containers Limited, via slump sale basis on going concern basis on such terms and conditions as contained in the BTA resulting in new capacity addition at Mangalore.

Stock Market LIVE Updates | CCL Ptoducts launches traditional South Indian snacks

The Company has test launched traditional South Indian Snacks under the brand name ‘Malgudi’.

Stock Market LIVE Updates | Hindustan Aeronautics board to consider dividend on June 27

The board of directors of the company in its meeting scheduled to be held on Friday, the 27th June, 2025 will consider, the  recommendation of final dividend for the financial year 2024-25.

Global Markets | European markets trade higher; Dow Futures up 0.7%

Sensex Today | Lemon Tree Hotels signs new property in Madhya Pradesh

The company has signed a License Agreement viz Lemon Tree Resort, Limbodagari, Madhya Pradesh. The property shall be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels.

Brokerage Call | Sun Pharma sees YoY growth in Ilumya, Cequa; gains in Vyvanse: Jefferies

#1 Cipla regains share in Albuterol, gains in a low-competition injectable

#2 Lupin faces new rivals in Rivaroxaban (2.5mg)

#3 DRL loses share in gVascepa, gCiprodex

#4 Aptiomsees multiple generic entries despite 180-day exclusivit

Aeroflex Industries share price: Since listing, the stock has gained over 100% from its IPO price....Read More

Sensex Today | BSE FMCG index rises 0.5%; Nestle, Varun Beverages, Tata Consumer among top gainers

According to a circular issued by the exchange, merchant bankers would be given access to a folder to upload the draft documents and the AI tool will quickly highlight areas, which need to be reviewed to prepare the final document to be submitted to the bourse....Read More

Brokerage Call | Jefferies keeps ‘buy’ rating on SBI, target price at Rs 960

#1 Economic activity was soft in Q1 but may improve in Q2–Q3 with RBI relief & tax cuts

#2 Despite NIM pressure from rate cuts, 1 percent ROA is expected

#3 Credit growth of 12 percent & deposit growth of 10 percent expected, liquidity buffers to aid

Sensex Today | BSE Metal index rises 1%; JSW Steel, Vedanta, Jindal Stainless among major gainers

Global Markets | Asian markets end mixed; Kospi up 1.4%, Nikkei down

Sensex Today | Poonawalla Fincorp approves to issue NCDs worth Rs 1600 crore

The board of directors of the company approved today issuance of secured, redeemable, rated, listed, non-convertible debentures of face value of Rs 1,00,000 each for an amount aggregating up to Rs 1600,00,00,000 in dematerialized form, through private placement.

Stock Market LIVE Updates | Delhivery launches on-demand intracity shipping with Delhivery Direct

Delhivery announced the full launch of Ondemand Intracity shipping on the Delhivery Direct app in Delhi-NCR and Bengaluru after a successful pilot launch in Ahmedabad. The service offers pickups within 15 minutes of booking for local deliveries using two-wheelers for parcels as well as three and four wheeler vehicles for larger consignments.

Sensex Today | 1.1 million shares of Eternal traded in another block: Bloomberg

Sensex Today | Nifty Bank index up 1%; Canara Bank, Federal Bank, ICICI Bank top contributors

Stock Market LIVE Updates | Can Fin Homes to consider fund raising

The Board of Directors will meet on June 25 to consider fund raising via issue of equity shares, and non-convertible debentures.