Taking Stock: Markets rise for a fourth day to take Nifty past 25,600, Nifty Bank hits record high

Market Today

Benchmark indices ended in the green for a fourth straight session on June 27, with Nifty 50 managing to touch a high of 25,650, powered by broad-based buying on hopes of extension of Trump tariff deadline and the possibility of a soon-than-expected US Fed rate cut.

The Nifty Bank index hit another record high in the session to end above 57,400 for the first time.

At close, the Sensex was up 303.03 points or 0.36 percent at 84,058.90, and the Nifty was up 88.80 points or 0.35 percent at 25,637.80. BSE Midcap index rose 0.4 percent and smallcap index gained 0.5 percent.

For the week, BSE Sensex and Nifty added 2 percent each.

Read More: SBI likely to raise Rs 5,000 crore through Tier-II bonds by August, says report

Among sectors, except consumer durables, IT and realty, all other indices ended in the green with Capital Goods, Healthcare, oil & gas, power, telecom, PSU Bank up 0.5-1 percent.

Jio Financial, IndusInd Bank, Adani Enterprises, Asian Paints, Apollo Hospitals were among major gainers on the Nifty, while losers were Trent, Dr Reddy's Labs, Eternal, Wipro, Tata Consumer.

Also Read: IndusInd Bank shares surge on report that Axis Bank's Rajiv Anand likely strong candidate for CEO role

Index	Prices	Change	Change%
Sensex	84,391.27	-275.01	-0.32%
Nifty 50	25,758.00	-81.65	-0.32%
Nifty Bank	58,960.40	-261.95	-0.44%

Nifty 50 25,758.00 -81.65 (-0.32%)

Wed, Dec 10, 2025

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
Eicher Motors	7,228.50	105.50	+1.48%

Biggest Loser	Prices	Change	Change%
Interglobe Avi	4,805.50	-162.00	-3.26%

Best Sector	Prices	Change	Change%
Nifty Metal	10159.00	46.35	+0.46%

Worst Sector	Prices	Change	Change%
Nifty Midcap 100	59007.80	-668.40	-1.12%

Akzo Nobel India shares rose 6% after JSW Paints said it will acquire stake worth Rs 8,986 crore, Jio Financial shares gained 4 percent after SEBI clears Jio BlackRock Broking to operate as stockbroker, SBI shares rose 1% as CLSA maintains outperform call, Torrent Pharma shares surged 4% after JPMorgan upgraded it to overweight, and Ahluwalia Contracts' shares added 5 percent on winning two contracts.

More than 130 stocks on the BSE touched their 52-week highs, including Godfrey Phillips, Navin Fluorine, Nuvama Wealth, Abbott India, Solar Industries, Interglobe Aviation, Laurus Labs, Max Healthcare, Dalmia Bharat, TVS Motor, HDFC Life, MCX India, Bharti Airtel, Gillette India, Hyundai Motor, Max Financial, Fortis Healthcare, Lloyds Metals, among others. Click to View More

Earlier, Wall Street ended higher on Thursday, nudging S&P 500 and the Nasdaq nearer to record highs after the Israel-Iran ceasefire eased geopolitical concerns and a raft of economic indicators appeared to support the case for a US Fed rate cut this year. Asian shares hit their highest level in more than three years, tracking the Wall Street rally.

The Nifty continued to move higher as investor confidence remained strong. With no major resistance seen before 25,750–25,800, the index may continue its upward trajectory. However, the rally might not be sharp, and it could take time to reach the 25,800 mark. A buy-on-dips strategy appears more appropriate at current levels, following the sharp rise over the past few days. On the downside, support is placed at 25,500; a break below this level could lead to consolidation.

Markets edged higher on Friday, extending the ongoing uptrend and ending the session with modest gains. After a flat start, the Nifty gradually moved up during the first half, followed by a range-bound phase until the close. It eventually settled near the day’s high at 25,637.80.

On the sectoral front, most indices contributed to the up move, with energy and pharma emerging as the top gainers. The broader indices also maintained their positive momentum, posting gains in the range of 0.3% to 0.86%.

The recent geopolitical stability has improved risk sentiment, as seen in the broad-based market participation. Moreover, positive developments around potential trade agreements could further strengthen the bullish bias. We continue to recommend a “buy on dips” strategy on the index, with an emphasis on selective stock picking for better opportunities.

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