The Indian stock market extended its winning streak to a sixth consecutive session on Wednesday, June 11, 2025, closing with modest gains. Positive global cues, progress in US-China trade negotiations, and supportive domestic monetary policy measures fueled sentiment, though selective stock-specific action and profit booking in broader markets capped the upside.
Table of Contents
- Key Market Indices Performance
- Sectoral Performance
- Top Gainers
- Top Losers
- Company-Specific Developments
- FII and DII Trading Activity (June 10, 2025)
- IPO & Market Buzz
- Global and Domestic Economic Highlights
- Market Outlook for June 12, 2025
- Final Takeaway
- Sensex: Closed at 82,515.14, up 123.42 points or 0.15 percent
- Nifty50: Ended at 25,141.40, rising 37.15 points or 0.15 percent. Briefly crossed 25,200 intraday for the first time since October 15, 2024, touching a high of 25,222.40.
- Market Breadth: Positive, with 1,608 stocks advancing and 1,304 declining on the NSE
- India VIX: Declined 2.92 percent to 13.61, reflecting easing market volatility expectations
- Broader Markets: Mid-cap and small-cap indices underperformed due to profit booking
- Gainers: Oil & Gas (+1.54%), Information Technology (+1.14%), Pharmaceuticals (+0.45%), along with Energy, Infrastructure, Auto, and Metal sectors
- Laggards: FMCG (-0.65%), PSU Banks (-0.94%), Private Banks (-0.22%)
- HCL Technologies: closed at ₹1,721.90, rising by ₹53.80 or 3.23%.
Key Driver: Positive global tech sentiment and updates on a strong deal pipeline boosted investor interest.
- Infosys: settled at ₹1,630.70 advancing ₹34.45 or 2.16%.
Key Driver: Strong buying momentum in IT stocks, aided by a weaker rupee and a steady US economic growth outlook.
- Tech Mahindra: ended at ₹1,638.90, up ₹28.10 or 1.74%.
Key Driver: Sectoral strength and market expectations of stable operating margins supported the stock.
- Wipro: closed at ₹258.92, increasing by ₹4.05 or 1.59%.
Key Driver: Continued follow-through buying in large-cap IT names, aligned with positive cues from global technology markets.
- Bajaj Auto: settled at ₹8,729, climbing ₹108.35 or 1.26%.
Key Driver: Positive domestic automobile sales outlook, combined with easing commodity costs, drove gains in the counter.
- Shriram Finance:closed at ₹685.95, falling by ₹14.10 or 2.01%.
Key Driver: Profit booking set in after a recent rally, coupled with sector rotation away from NBFC stocks.
- Power Grid:Corporation settled at ₹295.45, down ₹5.70 or 1.89%.
Key Driver: Weakness emerged across utility stocks amid broad market caution and selective investor interest.
- Bharat Electronics (BEL): ended at ₹392.90, declining ₹4.50 or 1.13%.
Key Driver: The stock corrected from recent highs, with some institutional investors booking profits.
- Adani Enterprises:closed at ₹2581.00, dropping ₹32.70 or 1.25%.
Key Driver: Sector-specific consolidation and anticipation of dividend-related adjustments weighed on the stock.
- IndusInd Bank:settled at ₹836.10, slipping ₹10.20 or 1.21%.
Key Driver: Pressure persisted on private banking counters following mixed credit growth data released earlier in the week.
- Indian Energy Exchange (IEX): Slumped nearly 10 percent amid market concerns about potential regulatory changes involving market coupling.
- GM Breweries (+19%) and Sula Vineyards (+10%): Jumped following Maharashtra government’s approval for a significant hike in liquor excise duties.
- Maruti Suzuki: Rescheduled e-VITARA EV production due to rare earth magnet supply issues.
- Kaynes Technology: Its subsidiary, Kaynes Semicon Private Ltd, acquired power module production lines from Fujitsu General Electronics.
- Reliance Infrastructure: Expanded defence partnership with Diehl Defence for supplying precision-guided munitions.
- Texmaco: Secured a ₹44.04 crore order from Mumbai Railway Vikas Corporation Limited.
- Jio BlackRock Investment Advisers: Received SEBI approval to start advisory services.
- Foreign Institutional Investors (FIIs): Net buyers of ₹2,301.87 crore
- Domestic Institutional Investors (DIIs): Net buyers of ₹1,113.34 crore
Both continued to support the market, with DIIs consistently absorbing FII profit booking seen earlier this month.
- Ganga Bath Fittings IPO: Listed at ₹59 on NSE SME, a 20.4 percent premium over its issue price of ₹49.
- Sacheerome IPO: Closed with an 80.98 times subscription, strong retail and HNI demand. Grey Market Premium (GMP) indicated a likely listing price of ₹147 (44.12 percent premium).
- Jainik Power and Cables IPO: Subscribed 1.01 times on Day 2 of bidding. GMP indicated a modest ₹7 premium.
- Upcoming IPOs: Monolithisch India, Oswal Pumps, Aten Papers & Foam, Samay Project Services, Patil Automation. Major brands like Zepto, SBI Mutual Fund, PhonePe, HDB Financial Services, and Tata Capital have also announced IPO plans.
- US-China Trade Talks: Progress reported, improving market sentiment globally and in India.
- Crude Oil Prices: Brent at $66.68/barrel, WTI at $64.82/barrel — beneficial for Indian economy and Oil & Gas sector.
- RBI Monetary Policy: Discontinued daily VRR auctions; earlier CRR cut fueling liquidity. Recent 50 bps repo rate cut added positive sentiment.
- Retail Inflation (May 2025): Expected to ease to 3.0 percent, a six-year low.
- World Bank: Maintained India’s FY25-26 GDP growth forecast at 6.3 percent.
- US Federal Reserve: Expected to hold rates steady for a few more months due to persistent inflation risks.
- Key Economic Data Releases:
- India’s CPI inflation (May 2025)
- Inflation MoM (May)
- Passenger Vehicle Sales (Y-o-Y May)
- Key Drivers: Progress in US-China trade talks, corporate earnings growth, US inflation data, domestic macro updates.
- Potential Volatility Triggers: COVID-19 variant updates, geopolitical tensions, global policy surprises.
- Corporate Actions: Jainik Power and Cables IPO closure, Adani Group dividend ex-dates (June 13), Bajaj Finance stock split and bonus issue.
The Indian stock market on June 11, 2025, maintained a cautiously optimistic undertone with positive global cues, supportive domestic liquidity measures, and selective buying in large-cap IT and Oil & Gas names. While broader markets witnessed profit-taking, institutional buying and improving inflation forecasts kept sentiment buoyant. Markets are in a phase of price discovery with a selective, stock-specific approach favored by investors.