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Markets extend gains for 4th straight day on fresh foreign fund inflows
Jun-27-2025

Indian equity benchmarks advanced for the fourth straight session on Friday, supported by buying in blue-chips Asian Paints and Ultratech Cement amid fresh foreign fund inflows. A strengthening rupee against the US dollar and softening crude oil prices in international markets also boosted investor confidence.

Some of the important factors in today’s trade: 

Rupee rises against US Dollar: Indian rupee rose against the greenback on the back of strong FII inflows and firm domestic equity markets. Lower level of American currency index also favoured the Indian currency.

Sales of listed manufacturing companies rise 6% in FY25: Reserve Bank of India’s (RBI) recent data showed that the sales of listed manufacturing sector companies grew by 6% during 2024-25 as compared to 3.5% growth in the preceding year, led by automobiles, electrical machinery, food and beverages, and pharmaceuticals industries. 

India progressing rapidly; now becomes fourth largest economy in world: Union Minister of Agriculture & Farmers’ Welfare and Rural Development Shivraj Singh Chouhan has said that under the leadership of Prime Minister Narendra Modi, the country is progressing rapidly. He also noted that India has now become the fourth largest economy in the world. 

All banks should bring down lending rates for speedy transmission of policy rate: An article published in the Reserve Bank of India's (RBI) June Bulletin has said that all banks should bring down their lending rates for speedy transmission of the policy rate, which was lowered by 50 basis points earlier this month. 

Global front: European markets were trading higher after a White House official said the United States has struck a deal with China to expedite rare earth shipments, marking a significant step towards resolving their ongoing trade war. Asian markets settled mixed despite U.S. President Donald Trump announcing a trade deal with China on rare earths and hinting at a major upcoming deal with India. 

Finally, the BSE Sensex rose 303.03 points or 0.36% to 84,058.90 and the CNX Nifty was up by 88.80 points or 0.35% to 25,637.80.   

The BSE Sensex touched high and low of 84,089.35 and 83,645.41 respectively. There were 18 stocks advancing against 12 stocks declining on the index.

The broader indices ended in green; the BSE Mid cap index rose 0.38%, while Small cap index was up by 0.54%.

The top gaining sectoral indices on the BSE were Oil & Gas up by 1.21%, Power up by 1.14%, Basic Materials up by 1.11%, Energy up by 1.10% and Utilities up by 0.99%, while Realty down by 1.57%, IT down by 0.24%, TECK down by 0.02% and Consumer Discretionary down by 0.01% were the losing indices on BSE.

The top gainers on the Sensex were Asian Paints up by 3.06%, Ultratech Cement up by 2.43%, Power Grid Corporation up by 2.11%, ICICI Bank up by 1.56% and Reliance Industries up by 1.39%. On the flip side, Trent down by 1.42%, Eternal down by 1.13%, Tech Mahindra down by 0.93%, Axis Bank down by 0.74% and Titan Company down by 0.66% were the top losers.

Meanwhile, Union minister Nitin Gadkari has said that India will become the net exporter of energy in next six to seven years. He noted that ‘Today we are the importer of the energy but within six to seven years we will be exporter of the energy’. Stressing that hydrogen is the fuel of the future, he said the government is encouraging alternative fuel and biofuel such as ethanol, biodiesel, electric vehicles, and hydrogen.

He said changing fuel will not only reduce pollution but will also bring down logistic cost, and added that by making new roads and change in fuel logistic cost will be in single digit and come down to nine per cent by the end of the current year. He said ‘I am confident that by making new roads and change in fuel our logistic cost will be in single digit, that is nine per cent and by the end of this year’. 

He said the latest survey indicates that India's logistic cost has reduced by six per cent. He added ‘Today in the world the logistic cost in China is eight per cent as compared with the GDP, in the US and European countries it is 12 per cent and in India it was 16 per cent but now the things are moving fast’. He also made an appeal to go for alternative fuel or bio fuel and it is economically viable. He said ‘India is the fastest growing economy. We need to increase our export and for that reason we need to reduce our logistic cost’.

The CNX Nifty traded in a range of 25,654.20 and 25,523.55. There were 30 stocks advancing against 20 stocks declining on the index. 

The top gainers on Nifty were JIO Financial Services up by 3.87%, Asian Paints up by 3.15%, Apollo Hospital up by 2.94%, Indusind Bank up by 2.89% and Ultratech Cement up by 2.42%. On the flip side, Tata Consumer Product down by 2.13%, Dr. Reddy's Lab down by 1.44%, Wipro down by 1.16%, SBI Life Insurance down by 0.96% and Axis Bank down by 0.85% were the top losers.

European markets were trading higher; UK’s FTSE 100 increased 48.04 points or 0.55% to 8,783.64, France’s CAC rose 97.92 points or 1.3% to 7,655.23 and Germany’s DAX gained 161.09 points or 0.68% to 23,810.39.

Asian markets settled mixed on Friday after US President Donald Trump announced a trade deal with China and hinted at an upcoming 'great deal' with India. Meanwhile, investors were cautiously awaiting the US May Personal Consumption Expenditures Price Index data due later in the session. Chinese shares declined after data showed China's industrial profits fell 9.1% year on year in the first five months of the year in the face of deepening deflationary pressures and a persistent property crisis. Japanese shares gained amid hopes that the US will extend the deadline for reciprocal tariffs. Indonesian and Malaysian markets were closed for Islamic New Year (Hijri). 

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,424.23

-24.22

-0.71

Hang Seng

24,284.15

-41.25

-0.17

Jakarta Composite

--

--

--

KLSE Composite

--

--

--

Nikkei 225

40,150.79

566.21

1.41

Straits Times

3,966.20

27.74

0.70

KOSPI Composite

3,055.94

-23.62

-0.77

Taiwan Weighted

22,580.08

87.74

0.39


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