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Indian benchmarks, Sensex and Nifty, opened on a firm note on Friday, June 27
Stock market updates
Stock Market Today: The BSE Sensex ended above the 84,000-mark on Friday, closing at 84,058.90, up 303.03 points or 0.36 per cent. During the session, the index moved within a range of 83,645.41 to 84,089.35.
The NSE Nifty50 also closed higher, gaining 88.80 points or 0.35 per cent to settle at 25,637.80. It traded between an intraday low of 25,523 and a high of 25,654.
In the broader market, both the Nifty Midcap100 and Nifty Smallcap100 indices ended in the green, rising 0.27 per cent and 0.91 per cent, respectively.
On the sectoral front, most indices advanced, with Nifty Oil & Gas outperforming and ending 1.19 per cent higher. However, Nifty Consumer Durables, Realty, IT, and FMCG indices closed in the red.
The market breadth remained strong, with 1,681 stocks advancing, 1,229 declining, and 76 remaining unchanged on the NSE. A total of 86 stocks touched fresh 52-week highs, while 24 stocks hit their 52-week lows. Meanwhile, 105 stocks hit the upper circuit, and 40 slipped to their lower circuit levels.
The total market capitalisation of listed companies on the NSE stood at Rs 5.32 trillion.
Volatility cooled slightly, with the India VIX—the volatility index—easing 1.60 per cent to close at 12.39.
Vinod Nair, head of research at Geojit Investments, said: “Key catalysts like the ceasefire in the Middle East and optimism on easing trade tensions ahead of the deadline have cleared the clouds in the minds of investors. After consecutive days of selling, FIIs have turned net buyers in the domestic market, contributing to improved market stability in the near term. Moreover, benign oil prices and a strengthening INR influenced investors to focus on domestic growth themes. Expectations of accelerating earnings, driven by resilient consumption and a relatively stable macroeconomic backdrop, are further reinforcing optimism.”
Global Cues
Asian markets traded mostly higher on Friday, tracking overnight gains on Wall Street after the White House hinted at flexibility around upcoming tariff deadlines, helping lift risk sentiment globally.
White House spokesperson Karoline Leavitt said the deadline for new tariffs is “not critical” and could be extended at the President’s discretion. Currently, July 8 marks the start of “liberation day” tariffs after a 90-day pause, while July 9 is the deadline for a potential EU trade agreement to avoid 50 per cent duties.
Japan’s Nikkei 225 rose 1.22 per cent, building on a five-month high from the previous session, while the broader Topix gained 1.1 per cent. Meanwhile, Tokyo’s core consumer price index (excluding fresh food and fuel) rose 3.1 per cent year-on-year in June, easing from May’s 3.6 per cent and below the forecast of 3.3 per cent.
South Korea’s Kospi and Australia’s ASX 200 were both up 0.4 per cent.
In the US, stock futures were flat in early Asian trade as investors awaited key economic data, including inflation, personal income and spending, and consumer sentiment figures.
Meanwhile, revised data showed the US economy contracted by 0.5 per cent on an annualised basis in Q1 2025, sharper than the earlier estimate of a 0.2 per cent decline. This marks the first quarterly contraction in three years, driven by softer consumer spending and a downward revision in exports.
Overnight on Wall Street, US equities closed higher across the board. The S&P 500 rose 0.8 per cent to 6,141.02, bringing its weekly gain to 2.9 per cent and nearing its record intraday high of 6,147.43. The Nasdaq Composite advanced 0.97 per cent to 20,167.91, while the Dow Jones Industrial Average added 404.41 points or 0.94 per cent to close at 43,386.84.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
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