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EQUITY
Key gauges snap four-day gaining streak
Jun-30-2025

Indian equity benchmarks tumbled on Monday after a four-day rally, pressured by declines in Realty, Banking and Auto, even as global risk sentiment improved due to easing Middle East tensions and a strong recovery in foreign inflows. Foreign institutional investors (FIIs) purchased equities worth Rs 1,397.02 crore on a net basis on Friday, according to exchange data.   

Some of the important factors in today’s trade: 

India’s engineering exports fall marginally in May: Engineering Export Promotion Council of India (EEPC India) has said that the country's engineering exports conceded a marginal fall of 0.82 per cent year-on-year to $9.89 billion in May due to a higher statistical base and geopolitical tensions in West Asia. 

India's foreign debt jumps 10% to $736.3 billion: The Reserve Bank said that India's external debt increased by 10 per cent to $736.3 billion at the end of March 2025 compared to $668.8 billion in the year-ago period. 

India's agriculture & allied sectors GVA rises more than 3 times in 12 years: Ministry of Statistics & Programme Implementation in its latest report has showed that gross value added (GVA) of agriculture and allied sectors at current prices registered a growth of about 225% (more than 3 times) increasing from Rs 1,502 thousand crore in 2011-12 to Rs 4,878 thousand crore in 2023-24.

Rupee falls against US Dollar: Indian rupee pared initial gains and settled for the day in the negative territory against the US dollar, on weak domestic equities and a bounce back in crude oil prices.

Global front: European markets were trading lower as investors eyed progress in global trade negotiations ahead of the impending July 9 deadline for U.S. reciprocal tariffs. Asian markets settled mostly higher on Monday as hopes of Fed rate cuts as well as easing tensions in the Middle East helped boost investors' appetite for riskier assets. 

Finally, the BSE Sensex fell 452.44 points or 0.54% to 83,606.46 and the CNX Nifty was down by 120.75 points or 0.47% to 25,517.05.   

The BSE Sensex touched high and low of 84,099.53 and 83,482.13 respectively. There were 12 stocks advancing against 18 stocks declining on the index.

The broader indices ended in green; the BSE Mid cap index rose 0.67%, while Small cap index was up by 0.81%.

The top gaining sectoral indices on the BSE were Capital Goods up by 1.10%, PSU up by 0.79%, Industrials up by 0.66%, Healthcare up by 0.56% and Consumer Durables up by 0.42%, while Realty down by 0.87%, Bankex down by 0.59%, Auto down by 0.49%, Metal down by 0.49% and Energy down by 0.41% were the top losing indices on BSE.

The top gainers on the Sensex were Trent up by 3.34%, SBI up by 1.86%, Bharat Electronics up by 1.63%, Eternal up by 0.72% and Adani Ports &SEZ up by 0.70%. On the flip side, Axis Bank down by 2.11%, Kotak Mahindra Bank down by 2.03%, Maruti Suzuki down by 1.95%, Ultratech Cement down by 1.33% and Bajaj Finance down by 1.09% were the top losers.

Meanwhile, Ministry of Statistics & Programme Implementation in its latest report has showed that gross value added (GVA) of agriculture and allied sectors at current prices registered a growth of about 225% (more than 3 times) increasing from Rs 1,502 thousand crore in 2011-12 to Rs 4,878 thousand crore in 2023-24.

As per the report, gross value of output (GVO) from the agriculture and allied sector at constant prices has shown steady growth from Rs 1,908 thousand crore in 2011-12 to Rs 2,949 thousand crore in 2023-24, marking an overall increase of approximately 54.6%.

Crop sector with GVO at Rs 1,595 thousand crore remains the largest contributor to total GVO (at constant prices) of agriculture and allied sectors with share of 54.1% in 2023-24. Cereals and fruits & vegetables together accounted for 52.5% of total crop GVO in 2023-24.

The report further noted that five States namely Uttar Pradesh, Madhya Pradesh, Punjab, Telangana and Haryana contributed nearly 53% of GVO (at constant prices) of cereals in 2023-24. With reduced share (18.6% in 2011-12 to 17.2% in 2023-24) Uttar Pradesh maintained the top most position.

The CNX Nifty traded in a range of 25,669.35 and 25,473.30. There were 19 stocks advancing against 31 stocks declining on the index. 

The top gainers on Nifty were Trent up by 3.04%, Bharat Electronics up by 2.00%, SBI up by 1.79%, Indusind Bank up by 1.78% and JIO Financial Services up by 1.22%. 

On the flip side, Tata Consumer Product down by 2.34%, Kotak Mahindra Bank down by 2.17%, Axis Bank down by 2.13%, Hero MotoCorp down by 1.96% and Maruti Suzuki down by 1.87% were the top losers.

European markets were trading lower; UK’s FTSE 100 decreased 17.46 points or 0.2% to 8,781.45, France’s CAC fell 4.83 points or 0.06% to 7,686.72 and Germany’s DAX lost 34.31 points or 0.14% to 23,998.91.

Asian markets settled mostly higher on Monday tracking Wall Street's gains last Friday after a White House official said the US had signed a finalized trade framework with China under the Geneva deal, while hopes of Federal Reserve interest rate cuts also boosted market sentiments. Japanese shares gained due to investors optimism over ongoing trade negotiations, even after data showing Japan's industrial production rose less than expected in May. However, Hong Kong shares dropped after new data showed China's manufacturing activity contracted for a third straight month in June.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,444.43

20.20

0.59

Hang Seng

24,072.28

-211.87

-0.88

Jakarta Composite

6,927.68

30.28

0.44

KLSE Composite

1,532.96

4.80

0.31

Nikkei 225

40,487.39

336.60

0.83

Straits Times

3,964.29

-1.91

-0.05

KOSPI Composite

3,071.70

15.76

0.51

Taiwan Weighted

22,256.02

-324.06

-1.46


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