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Sensex, Nifty trade firm after gap-up opening on positive global cues
Jun-25-2025

Indian equity benchmarks made a gap-up opening on Wednesday following the broadly positive cues from Wall Street overnight as well as firm trade in Asian counterparts, as traders cheered the news of a ceasefire between warring Israel and Iran is now in effect. Some support also came as US Fed Chair Jerome Powell hinted that lower inflation and weaker labor hiring could lead to an earlier rate cut. Overnight fall in crude oil prices also aided domestic sentiments. Sensex and Nifty are trading higher with decent gains in early deals on account of value buying in all sector stocks. Traders took encouragement with Finance Minister Nirmala Sitharaman’s statement that negotiations for the proposed free trade agreements with the US and European Union (EU) are progressing at a fast pace and would be concluded soon.

On the sectoral front, aviation industry stocks are in focus as Directorate General of Civil Aviation (DGCA) report showed that India's domestic air passenger traffic increased 1.89 per cent to 140.56 lakh in May compared to that of the same month last year. Meanwhile, IPOs of HDB Financial Services which is looking to raise Rs 12,500 crore and Sambhv Steel Tubes eyeing Rs 540 crore are open for subscription for today.

The BSE Sensex is currently trading at 82553.03, up by 497.92 points or 0.61% after trading in a range of 82339.57 and 82568.09. There were 28 stocks advancing against 2 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index rose 0.61%, while Small cap index was up by 1.17%.

The top gaining sectoral indices on the BSE were Utilities up by 0.97%, Telecom up by 0.87%, Consumer Disc up by 0.84%, FMCG up by 0.83% and IT up by 0.82%, while there was no loser on the BSE sectoral front.

The top gainers on the Sensex were Titan Company up by 1.61%, Hindustan Unilever up by 1.15%, Power Grid up by 1.03%, HCL Technologies up by 0.99% and Bharti Airtel up by 0.93%. On the flip side, Bharat Electronics down by 0.70% and Kotak Mahindra Bank down by 0.40% were the only losers.

Meanwhile, expressing optimism over India’s growth prospects, Union Commerce and Industry Minister Piyush Goyal has said that India is firmly on track to become a $5 trillion economy by 2027 despite global turbulence, driven by a collective national effort and strong leadership under Prime Minister Narendra Modi. He noted that this will be the first milestone on the country’s journey to ‘Viksit Bharat’ by 2047. He also hailed the government’s decade-long economic reforms as transformational rather than incremental.

Taking note of the global economic volatility and geopolitical headwinds, he said India must navigate turbulent waters with unity and determination. He said ‘Great economies aren’t built in calm waters. This is India’s time. We must seize the moment and work together to claim our rightful place among the world’s leading nations’. He described the government’s development model as one focused on inclusive, sustainable, and honest growth, emphasising service, good governance, and innovation.

Citing economic indicators, he said India has moved from being part of the ‘Fragile Five’ to becoming one of the top five global economies. He highlighted the country’s foreign exchange reserves, which recently touched $698 billion, robust banking sector health, and inflation levels averaging among the lowest in post-independence history. He also pointed to the government’s aggressive free trade agreements (FTAs) with developed economies such as the UK, Australia, and the EU, which he said are designed to benefit Indian exporters and MSMEs. 

Touching on the potential of AI and emerging technologies, he said India is ready to lead in sectors like artificial intelligence, quantum computing, and 3D printing. He urged businesses to expand and bring economy of scale to foray into new markets and focus on innovation-led exports. He added ‘This is a virtuous cycle - scale leads to competitiveness, which in turn fuels exports and prosperity. India’s growth story belongs to all of us’.

The CNX Nifty is currently trading at 25188.25, up by 143.90 points or 0.57% after trading in a range of 25125.05 and 25192.65. There were 43 stocks advancing against 6 stocks declining, while 1 stock remain unchanged on the index.

The top gainers on Nifty were Nestle up by 1.98%, Titan Company up by 1.55%, Tata Consumer Products up by 1.14%, HCL Technologies up by 1.08% and Hero MotoCorp up by 1.06%. On the flip side, Bharat Electronics down by 0.97%, Kotak Mahindra Bank down by 0.41%, Eicher Motors down by 0.30%, SBI Life Insurance down by 0.05% and Cipla down by 0.03% were the top losers.

Asian markets are trading mostly in green; Taiwan Weighted jumped 248.05 points or 1.12% to 22,436.81, Hang Seng rose 184.61 points or 0.76% to 24,361.68, Nikkei 225 surged 52.64 points or 0.14% to 38,843.20, Straits Times strengthened 20.12 points or 0.52% to 3,924.42 and Shanghai Composite was up by 9.59 points or 0.28% to 3,430.16. On the other hand, Jakarta Composite fell 33.6 points or 0.49% to 6,835.57 and KOSPI was down by 5.88 points or 0.19% to 3,097.76.

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