Closing Bell| Sensex ends 158 pts higher, Nifty above 25,000; Adani Ports, Tata Steel, Kotak Mahindra Bank, Ultratech Cement top gainers

Sensex Today| Views from Shrikant Chouhan, Head Equity Research, Kotak Securities

Today, the benchmark indices witnessed a volatile trading session. After a roller coaster activity, the Nifty ends 72 points higher, while the Sensex was up by 158 points. Among sectors, the PSU Bank index gained the most, rallying 1.40 percent, whereas the Defense index lost the most, shed 2.35 percent. Technically, on the backdrop of strong global sentiment, our market opened with a gap up, but once again, it registered selling pressure at higher levels. From the day's highest level, the market corrected over 300/1000 points. It also formed a bearish candle on the daily charts, indicating temporary weakness. However, the medium-term outlook of the market remains positive.

We are of the view that 25,000/82000 would act as a key support zone for day traders. Above this level, we could expect a technical bounce back up to 25,200–25,300/82500-83000. On the flip side, if the market falls below 25,000/82000, it could extend the correction up to 24,850–24,800/81600-81500. The current market texture is volatile and non-directional; hence, level-based trading would be the ideal strategy for day traders.

Sensex Today| Views from Vinod Nair, Head of Research, Geojit Investments

Initial gains in the domestic market, driven by the ceasefire announcement and sharp drop in crude prices, were short-lived as renewed geopolitical tensions in the Middle East unsettled investor sentiment. Adding to the uncertainty was heightened volatility due to expiry day dynamics. Although the market attempted to break out of its recent consolidation range, persistent global risks continue to impede momentum. Going forward, the sustainability of an uptrend will hinge on the strength of domestic earnings, with optimism surrounding the upcoming Q1 results supported by favourable domestic macroeconomics.

Sensex Today| Views from Ajit Mishra – SVP, Research, Religare Broking

It turned out to be an eventful day for market participants, as the benchmark index witnessed sharp swings in both directions before finally closing with marginal gains. Initially, sentiment was buoyed by reports of a potential ceasefire between Iran and Israel, along with a sharp decline in crude oil prices. However, concerns resurfaced in the latter half following reports of a possible ceasefire violation by Iran, which led to a pullback and erased most of the early gains. Eventually, the Nifty ended with marginal gains, up 0.3% at the 25,044.35 level.

Meanwhile, most sectors ended in the green, with metals, financials, and banking stocks leading the gains. The broader markets also advanced, with both the midcap and smallcap indices rising over half a percent.

The Nifty's failure to surpass the 25,200-resistance level indicates that the bears are still active and not ready to give in. However, rotational buying across key sectors, along with notable strength in the midcap and smallcap segments, continues to offer trading opportunities. Participants are advised to maintain a positive yet cautious stance, with a strong focus on stock selection driven by sectoral trends.

Closing Bell| Nifty tops 25,000; Sensex gains 158 points as PSU Banks, metals lead rally

Benchmark indices ended higher on Tuesday, with the Sensex rising 158 points and the Nifty closing above the 25,000 mark. Adani Ports, Tata Steel, Kotak Mahindra Bank, and Ultratech Cement emerged as the top gainers.

Among sectoral indices, Nifty PSU Bank led the rally with a 1.5 percent gain, followed by Nifty Metal, which added 1 percent. Nifty Bank, Auto, Private Bank, and Consumer Durables also advanced, each rising 0.7 percent. Meanwhile, Nifty Media was the sole major laggard, slipping 1 percent.

Fares for non-AC Mail and Express trains will increase by 1 paise per kilometre, while AC class fares will see a hike of 2 paise per kilometre...Read More

Currency Check| Rupee rises 1% to 85.93 a dollar

The broader classification of large, mid and smallcaps was defined in 2017 and since then it has not been reviewed. Fund managers are of the view that the limited bands can create concerns of price bubble in stocks....Read More

Sensex Today| Minority Investor Initiates Rs345 Crore Arbitration Against Polyplex Unit

Sensex Today| US FDA Closes Concord Biotech Inspection with No Action

Sensex Today| EMS JV gets LOA for Rs782 crore Kolkata municipal order

Sensex Today | IAF to get at least 6 Tejas Jets by March 2026, says HAL Chief

The mining and refining company is betting on stable commodity prices and strong demand from India's steel industry, amid targets for steel capacity to reach 300 million tonne by FY30. It expects commodity prices to average around $2,650 per tonne for zinc, $1,950 per tonne for lead, and $34 per troy ounce for silver, based on the latest consensus for FY26....Read More

Sensex Today | Capacite Infra gets LoI for a contract worth Rs 621 crore from Saifee Burhani Upliftment Trust

Sensex Today | Bajaj Consumer shares jump 20% to snap eight-day losing streak

Markets @2 | Sensex up 200 pts, Nifty tests 25,100 as Israel-Iran tensions resurface; auto, metals lead gains

Global benchmark Brent crude fell 2.6 percent to USD 69.62 per barrel, leading to broad-based gains in crude oil-sensitive sectors including aviation, oil marketing companies, among others. ...Read More

Sensex and Nifty 50 slipped over one percent each from the day's high, as tensions in the Middle East bubbled up again. ...Read More

Stock Market LIVE Updates | Sensex, Nifty erase all gains as Iran violates ceasefire; Israel orders forceful retaliation

Stock Market LIVE Updates | Sensex tanks 700 points from day's high, Nifty below 25,100 as auto, IT, bank stocks pare gains

The comments come even as Israel and Iran agree to a tenuous ceasefire, which will be closely watched by countries across the region and the world....Read More

The AMCs that became big did so by doing well for their unitholders and stakeholders; the market rewards performance and integrity, not pedigree, said Munot....Read More

Sensex Today | Vodafone and Cyient launch an AI-powered global network configuration management solution

Stock Market LIVE Updates | Sensex falls 500 points from day's high, Nifty below 25,200 as banks, metals, auto trim gains

IPO Check | Globe Civil Projects IPO subscribed over 4 times at 1:12 PM (Day 1)

QIB – 7 times

NII – 3.13 times

Retail – 2.9 times

Overall – 4.12 times

Sensex Today | Bondada Engineering secures LoA worth Rs 836 crore from Tamil Nadu for setting up of Battery Energy Storage Systems (BESS)

Markets @1 | Sensex off day's high, Nifty below 25,300; auto, metals lead rally; India VIX eases 3%

Sensex Today | Enviro Infra shares surge 14% as firm secures Rs 306-crore projects, forays into renewable energy sector

HDFC Securities said that the Indian PSU banking sector, once considered structurally broken, is experiencing early signs of a secular turnaround....Read More

Ellenbarrie Industrial Gases IPO: Bajaj Broking maintained a 'Neutral' recommendation for the Rs 852-crore public issue....Read More

Sensex Today | HCL Tech and AMD forge strategic alliance to develop future-ready solutions across AI, digital and cloud

The broader markets saw healthy gains, with the Nifty Midcap 100 rising 0.87 percent and the Nifty Smallcap 100 advancing 1.10 percent. ...Read More

The broader classification of large, mid and smallcaps was defined in 2017 and since then it has not been reviewed. Fund managers are of the view that the limited bands can create concerns of price bubble in stocks....Read More

Stock Market LIVE Updates | Nifty tops 25,300, Sensex up over 1% as Israel agrees ceasefire; PSU bank index up 2.5%

IPO Check | Globe Civil Projects IPO subscribed over 1.45 times at 12:12 PM (Day 1)

QIB – 0.00 times

NII – 1.81 times

Retail – 2.07 times

Overall – 1.45 times

Adani AGM 2025: The Adani Group has never backed down. Instead, we proved that true leadership is not built in sunshine. It is constructed in the fire of crisis, Gautam Adani said in his address. ...Read More

Markets@12 | Sensex, Nifty extend gains as Israel confirms ceasefire; auto, metal, PSU banks lead rally

Globe Civil Projects IPO: Ahead of listing, the unlisted shares of the company were trading with GMP of over 21% over IPO price at Rs 86 apiece....Read More

IPO Check | Kalpataru IPO subscribed at 0.04 times at 11:50 AM (Day 1)

QIB – 0.00 times

NII – 0.05 times

Retail – 0.16 times

Employee – 0.10 times

Overall – 0.04 times

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Sensex Today | Gland Pharma receives EIR from the US FDA indicating closure of the inspection

Stock Market LIVE Updates | Nifty above 25,250 for the first time since October 4, 2024

Sensex Today | MCX stock sees profit booking after healthy gains in 2 sessions; ICICI Securities sees up to 9% upside

Sensex, Nifty jumped nearly 1% higher, mirroring sharp rally in global peers and drop in crude oil prices on hopes of de-escalation in the Middle East conflict. ...Read More

IPO Check | Globe Civil Projects IPO subscribed at 0.91 times at 11:15 AM (Day 1); retail, NII portion fully booked

QIB – 0.00 times

NII - 1.34 times

Retail – 1.24 times

Overall – 0.91 times

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Sensex Today |Page Industries shares get another price target above the Rs 50,000 mark; Goldman says 'buy'

Markets@11 | Sensex, Nifty rally over 1% each; all sectors, save for media, in green

Given the present, evolving, and likely continued elevated levels of uncertainty, rate actions will have to be based on incoming data and an assessment of the associated macro-financial environment, Saugata Bhattacharya said during an interview....Read More

IPO Check | Kalpataru IPO subscribed at 0.01 times at 10:50 AM (Day 1)

QIB – 0.00 times

NII - 0.01 times

Retail – 0.08 times

Employee - 0.06 times

Overall – 0.02 times

Adani Ports share price: The sharp rise in the stock price comes ahead of its scheduled Annual General Meeting (AGM), which is scheduled for later today....Read More

As the world scrambles to decode the uncertain status of the Iran-Israel conflict, India’s rate-setting panel may have to rethink its dovish stance amid oil shock risks. ...Read More

Stock Market LIVE Updates | Market breadth favours bulls

Adani Ports share price: The sharp rise in the stock price comes ahead of its scheduled Annual General Meeting (AGM), which is scheduled for later today....Read More

IPO Check | Ellenbarrie IPO subscribed at 0.01 times at 10:25 AM (Day 1)

QIB – 0.00 times

NII - 0.00 times

Retail – 0.02 times

Overall – 0.01 times

IPO Check | Globe Civil Projects IPO subscribed at 0.25 times at 10:20 AM (Day 1)

QIB – 0.00 times

NII - 0.48 times

Retail – 0.29 times

Overall – 0.25 times

Stock Market LIVE Updates | Most active stocks on the Nifty 500 index

Eppeltone Engineers share price: Immediately after listing, the shares of the company surged 5% to hit the upper circuit at Rs 255.35 apiece. The stock is now 99.5% higher than its IPO price....Read More

Stock Market LIVE Updates | Stocks dragging the Nifty 50 index

Sensex Today | Glenmark Ph gets CDSCO nod for TEVIMBRA drug used In treatment of non-small cell lung cancer

JSPL share price: The brokerage anticipates a strong rebound in volume growth, with CAGR expected to surge to 19 percent over FY25–27, a significant jump from the muted 1 percent seen during FY22–25. ...Read More

Stock Market LIVE Updates | Stocks that have hit their 52-week high

Stock Market LIVE Updates | Top gainers on the Nifty 50 index

Stock Market LIVE Updates | All sectoral indices, save for media, jump into green

Anand James, Chief Market Strategist, Geojit Investments

"Despite the volatility and the pull back towards close, the inside bar formation yesterday leaves us with hope that the ongoing upside trajectory may persist. Momentum continues to be absent, but the 25,200-460 objective looks possible nevertheless. The 24,825 region from where we had anticipated a swing higher yesterday, will continue to be a key support, but we prefer to push the downside marker to 24,940."

Sensex Today| Quick Heal has 6.15% of equity traded in a block deal: Bloomberg

Sensex Today| NTPC has 0.9% of equity change hands in four block trades: Bloomberg

Sensex Today| Adani Ports surges over 3% as Trump touts Iran-Israel truce

Crude prices sank over seven percent overnight as U.S. President Donald Trump announced a likely ceasefire between Israel and Iran....Read More

Sensex Today| Enviro Infra Engineers gets orders worth Rs 306 crore

Sensex Today| Marathon Nextgen opens QIP issue, floor price Rs584.34 a share

In the previous session, rising oil prices and global risk-off sentiment dragged markets down....Read More

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"The final decision on the cessation of our military operations will be made later," Araghchi said concluding the remark...Read More

Rupak De, Senior Technical Analyst at LKP Securities

The Nifty recovered significantly after a gap-down opening amid weak geopolitical sentiment. A pullback in crude oil prices helped the Indian market pare some of its morning losses, although it still ended on a negative note.

For the day, the Nifty managed to close above the support level of 24,850, and Indian equities may continue to offer buying opportunities as long as the Nifty sustains above this level. On the higher side, if it moves above 25,000, it may head towards 25,350 in the short term.

In the upcoming sessions, the Nifty 50 is expected to remain in the range of 24,800–25,100 until it gives a decisive close on either side, according to experts....Read More

Commodity Check | Oil prices fall to over one-week lows as Trump announces Israel-Iran ceasefire

Oil prices tumbled on Tuesday to their lowest level in more than a week as U.S. President Donald Trump said a ceasefire has been agreed between Iran and Israel, relieving worries of supply disruption in the area.

Brent crude futures fell $2.69 or 3.76% to $68.79 a barrel, after falling more than 4% earlier in the session and touching its lowest level since June 11.

U.S. West Texas Intermediate crude slumped $2.7, or 3.94%, to $65.46 per barrel, having hit its weakest level since June 9 earlier in the session and falling around 6%.

Currency Check | Dollar falls in broad risk rally after Trump announces Israel-Iran ceasefire

The dollar fell on Tuesday while the Australian and New Zealand dollars rose after U.S. President Donald Trump announced a ceasefire between Israel and Iran, in news that sent investors cheering and sparked a risk rally across markets.

Trump said that a "complete and total" ceasefire between Israel and Iran will go into force with a view to ending the 12-day conflict between the two nations, moments after both sides threatened new attacks.

The dollar, which last week drew support from safe-haven demand, fell broadly in the wake of the news.

Against the yen, the greenback was down 0.21% at 145.79.

The euro rose 0.21% to $1.1602 and sterling advanced 0.18% to $1.3551.

Global Markets | Asian markets trade higher; Nikkei, Taiwan Weighted, Kospi up 1-2%

Asian markets were trading higher on Tuesday after US President Donald Trump announced that Iran and Israel have agreed to a ceasefire.

Oil slumped after President Donald Trump announced Israel and Iran had agreed to a ceasefire, spurring optimism the worst of the Middle East conflict is over....Read More

Sensex Today | GIFT Nifty indicates a strong start

Trends on GIFT Nifty indicate a positive start for the broader index in India, with a gain of 236.50 points or 0.94 percent. The Nifty futures were trading around 25,214.50 level.

Global Cues | GIFT Nifty signals strong upmove; Brent below USD 69

#1 Asian markets rally after Trump says Israel, Iran agree to ceasefire

#2 Nikkei, Kospi rise anywhere between 1.5-2 percent

#3 GIFT Nifty signals near 300-point upmove

#4 Dow futures perk up after Trump announces tentative Iran-Israel ceasefire

#5 Wall Street rises nearly a percent

#6 US 10-year yield edges lower as crude cools

#7 Fed’s Bowman floats idea of July rate cut

#8 USD drops on dovish Fed comments

#9 Brent slides below USD 69 after tentative truce; gold eases

Market on Monday | Nifty below 25,000 despite recovery from lows as crude oil simmers after strike on Iran

Benchmark indices erased early losses but still ended lower by over half a percent on June 23, as escalating geopolitical tensions in the middle-east weighed on equities and businesses dependent on crude oil after prices stayed above $78 per barrel over looming risk to the Strait of Hormuz, with Nifty 50 index ending below the 25,000 level.

After a gap down start, the markets had extended the fall in the initial hours but staged a sharp recovery in metal stocks, as well as small, and midcap indices. At close, the Sensex was down 511.38 points or 0.62 percent at 81,896.79, and the Nifty was down 140.50 points or 0.56 percent at 24,971.90. The broader indices outperformed the main indices with BSE midcap index rising 0.2 percent and smallcap index adding 0.6 percent.

Trent, Bharat Electronics, Hindalco Industries, Adani Enterprises, Bajaj Finance were among major gainers on the Nifty, while losers were Infosys, Larsen and Toubro, Hero MotoCorp, Mahindra and Mahindra, HCL Technologies.

On the sectoral front, IT, FMCG, Auto, Bank, telecom down 0.3-1.5 percent, while Consumer Durables, media, metal, capital goods up 0.3-4 percent.

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