Indian equity markets witnessed a strong rebound on Friday, June 20, 2025, snapping a three-day losing streak. The surge was fueled by broad-based buying across sectors, a drop in global crude oil prices, renewed FII inflows, and easing of project finance norms by the Reserve Bank of India. While geopolitical tensions in the Middle East persisted, domestic factors and positive global cues largely overshadowed the concerns. Investor wealth on the BSE surged by ₹5 lakh crore in a single session.
Table of Contents
- Market Snapshot: Key Indices and Movement
- Sectoral Performance Overview
- Top Nifty Gainers and Reasons
- Top Nifty Losers and Reasons
- FII & DII Activity
- IPO Highlights
- Global Markets & Geopolitical Impact
- Economic Data & Policy Developments
- Final Market Wrap Up
Indian benchmarks surged on Friday, showing resilience amidst global uncertainties.
- Sensex: Closed at 82,408.17, up 1,046.30 points (+1.29%). It oscillated between 81,323.20 (low) and 82,494.49 (high) during the session.
- Nifty 50: Ended at 25,112.40, gaining 319.15 points (+1.29%), after touching an intraday high of 25,136.20 and low of 24,783.65.
Wrap-up: Both benchmark indices recorded significant gains, with broad-based participation, including positive movement in mid-cap and small-cap segments, signalling a strong return of investor confidence.
A robust performance was seen across almost all sectors, with Auto, Financial Services, and Metal stocks leading the charge.
- Top Gaining Sectors:
- Nifty Auto (+0.99%)
- Nifty Financial Services (+1.20%, based on calculated change from last close to last value)
- Nifty PSU Bank (+1.35%)
- Nifty Realty (+1.91%)
- Nifty Metal (+1.08%)
- Top Losing Sectors: No sector ended in significant negative territory; broad-based rally
Wrap-up: The day witnessed a comprehensive rally, with most major sectors contributing positively, reflecting renewed market optimism.
- Trent Ltd.: Jumped nearly 1.48% to close at ₹5,806.00. The stock was buoyed by strong buying interest, possibly also influenced by its upcoming inclusion in the Sensex.
- Jio Financial: Climbed 3.13% to end at ₹293.05. The rise indicates positive sentiment for the financial services arm.
- Mahindra & Mahindra (M&M): Surged 2.90% to ₹3,181.50, riding on strong buying interest in auto stocks.
- Bharti Airtel: Added 2.66% to close at ₹1,925.55, suggesting positive momentum in the telecom sector.
- Nestlé India: Gained 1.98%, ending the day at ₹2,365.00, indicating buying interest in select FMCG majors.
Wrap-up: Auto, financial, and telecom giants led the gainers, with strong buying interest driving up these key stocks.
While the market rallied broadly, a few stocks experienced minor pullbacks:
- Hero MotoCorp: Led the slight downturn, falling -1.63% to close at ₹4,313.80, likely due to profit-booking after recent gains or specific sector rebalancing.
- Dr. Reddy's Laboratories: Edged down 0.08%, settling at ₹1,327.50, possibly reflecting minor sector-specific headwinds or limited buying interest.
- Maruti Suzuki: Slipped marginally by -0.12%, ending the day at ₹12,791.05, perhaps due to slight profit-booking despite the broader auto sector strength.
- ONGC: Saw a slight dip of 0.02%, closing at ₹251.60, possibly influenced by slight corrections in commodity prices or specific news.
- Axis Bank: Dipped modestly by -0.13%, finishing at ₹1,215.80, indicating some profit-taking or specific institutional selling.
Wrap-up: Despite the overall positive market sentiment, select auto, pharmaceutical, and banking stocks recorded minor corrections, likely driven by profit-booking or specific individual stock dynamics.
- FIIs: Net buyers, pumping in ₹1,824 crore over the past two sessions (including today's activity).
- DIIs: Continued their buying streak for the 12th consecutive day, investing ₹2,566 crore (over multiple sessions, including today).
Insight: The resumption of FII inflows coupled with sustained DII support provided a significant boost to market sentiment, contributing to the day's rally.
- Aakaar Medical Technologies Ltd: SME IPO opened on June 20, 2025, aiming to raise ₹27 Cr with shares to be listed on NSE Emerge. The issue consists of 37,50,400 equity shares with a price band of ₹68 to ₹72 and a lot size of 1600 shares.
- Oswal Pumps: Debut slated for June 20, 2025.
- HDB Financial Services: IPO set to open on June 25, 2025, with a price band of ₹700 to ₹740 per share. It is a mix of fresh issue of ₹2,500 crore and an offer for sale (OFS) of ₹10,000 crore. GMP for HDB Financial Services IPO is ₹89 as of June 20, 2025.
- Sambhv Steel: IPO opens June 25, with a price band of ₹77-₹82 per equity share.
- Asian Markets: Mixed to positive, taking cues from declining crude oil prices and cautious optimism regarding the Israel-Iran conflict.
- Crude Oil: Brent crude prices dropped over 2% to around $77 per barrel. This decline, despite ongoing tensions, was attributed to profit-booking and uncertainty over US involvement, easing inflation concerns for India.
Wrap-up: Declining crude oil prices provided a significant tailwind for Indian markets, while geopolitical risks, though present, were less impactful on today's session.
- US Fed: Maintained rates but reaffirmed its plan for two rate cuts in 2025, providing global market comfort.
- RBI Policy (June 6, 2025): The MPC decided to lower the policy Repo Rate by 50 bps to 5.50%. The policy stance was changed back to 'neutral' from 'accommodative', and CRR was reduced by 100 bps, indicating a commitment to liquidity.
- RBI Eases Project Finance Norms: The Reserve Bank of India released final rules for project financing, reducing provisioning requirements for under-construction infrastructure and real estate projects to 1.0% to 1.25% (from a proposed 5%). This is seen as a major relief for lenders.
- India's Economic Outlook: India continues to be seen as a bright spot in the global economy, with projections from various agencies (EY, Morgan Stanley) indicating it could become the world's third-largest economy by 2027-2028. Real GDP growth for Jan-Mar 2025 was 7.4%.
Indian markets staged a robust recovery on June 20, 2025, driven by strong domestic sentiment, broad-based buying, and a confluence of positive factors. The easing of RBI's project finance norms was a significant relief for lenders, while declining crude oil prices further buoyed investor confidence. Renewed FII inflows coupled with sustained DII buying provided solid support. While geopolitical tensions remain on the radar, the market's strong performance underscores the prevailing optimism and focus on domestic fundamentals.