Indian equity markets witnessed a day of high volatility on Tuesday, June 24, 2025, opening on a strong note and holding above the crucial 25,000-mark on the Nifty 50. The rally was initially spurred by a ceasefire announcement between Israel and Iran, made by the U.S. President, which led to easing crude oil prices and improved risk appetite globally. However, renewed geopolitical caution in the second half of the session capped gains.
The Nifty 50 advanced 72.45 points (0.29%) to close at 25,044.35, while the Sensex gained 158.32 points (0.19%), ending the session at 82,055.11.
🔍 Sectoral Highlights
Markets saw broad-based buying across sectors with strength in PSU Banks, Metals, and Consumer-oriented themes:
Nifty PSU Bank led the charge, climbing 1.46%, driven by strength in Union Bank of India and other public-sector lenders. Nifty Metal gained 1.01% on easing global input cost concerns. Nifty Consumer Durables, Auto, and Pharma also posted healthy gains. Nifty Media was the sole laggard, down 1.12%, weighed by weakness in Zee Entertainment.
Most sectors ended in the green, reflecting optimistic sentiment across domestic pockets.
📈 Top Performers of the Day
LT Foods surged 8.90% JM Financial rose 7.78% Usha Martin added 7.06%
📉 Top Laggards
Garden Reach Shipbuilders dropped 8.87% BEML fell 7.22% KPIT Technologies declined 6.06%
🗞️ Stocks in the Spotlight
TVS Motors launched the new HLX 150 5G in the Republic of Congo, expanding its global footprint. Sona BLW appointed Jeffrey Mark Overly as its new Chairperson. Satin Creditcare announced a board meeting on June 27 to consider ₹5,000 crore fundraising via NCDs. Mahindra Lifespace launched its new residential project ‘Codename64’ in Malad (W), Mumbai. KPIT Tech commented on uncertain business environment but remains optimistic on Europe and its deal pipeline. ITI received the final ₹25 crore tranche from C-DOT. Metro Brands and Clarks signed a partnership for exclusive retail and digital rights in India and neighbouring regions.
🧮 Market Breadth & Internals
Total NSE stocks traded: 2,955
Advancing stocks: 1,814
Declining stocks: 691
Unchanged: 450
Stocks at 52-week highs: 44
Stocks at 52-week lows: 31
Upper Circuit: 111
Lower Circuit: 53
Broader markets outperformed benchmark indices, reflecting investor preference for midcap and smallcap stocks:
Nifty Midcap Index rose 0.71%
Nifty Smallcap Index climbed 0.72%
🛢️ Commodities Watch
Brent crude fell sharply by nearly 5% to USD 68 per barrel, retreating below levels seen before the June 13 missile strikes. The decline followed the Israel–Iran ceasefire announcement, easing concerns over potential supply disruption from the Strait of Hormuz, a key energy transit route.
🌐 Global Economic Calendar – Week of June 24–28, 2025
United States
Tuesday: Consumer Confidence Index Wednesday: MBA Mortgage Applications, New Home Sales Thursday: Personal Consumption, GDP (Final), Weekly Jobless Claims Friday: Personal Spending, PCE Inflation Expectations
Eurozone & UK
Throughout the week: CPI, PPI, Retail Sales, Consumer Confidence, and Industrial Trends Surveys
India
Monday: Manufacturing, Services & Composite PMI Friday: Industrial Production, Forex Reserves
China
Friday: Industrial Profits
Japan
Wednesday to Friday: Producer Prices, Jobless Rate, CPI, Retail Sales
Global cues, particularly U.S. inflation metrics and European consumer sentiment, will be closely watched to gauge central bank outlooks and their implications on capital markets.
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