📈 Indian Equity Markets Closed Higher for 4th Consecutive Session
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Sensex rose ~303 points (+1.2%) to end around 84,000, while Nifty 50 climbed about 1.2% to close near the 25,638 mark
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The rally was driven by continued optimism from global cues, easing geopolitical tensions in the Middle East, and sustained foreign institutional inflows
🔍 Sector Highlights & Stock Moves
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PSU Banks led the rally early on, driving both Sensex and Nifty upwards .
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Metals also saw notable gains—up ~1%—as a weaker dollar buoyed stocks like Hindustan Copper and Vedanta
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IT stocks gained ~0.8%, boosted by expectations of a U.S. rate cut and easing U.S.–China tensions
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Financials, however, faced profit-taking; HDFC Bank dipped ~0.4% after a three-day rise
🚀 High-Fliers & IPOs
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Himadri Speciality Chemicals surged ~12% following strong earnings and upbeat sentiment
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Neetu Yoshi IPO launched today with a fresh issue worth ₹77 crore; subscription window open until July 1; listing expected July 4 on BSE SME platform
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HDB Financial Services IPO attracted a record $19 billion in bids—oversubscribed ~16.7×—marking India’s biggest IPO so far in 2025
📌 Corporate & Market News
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Jio BlackRock Broking received SEBI approval to operate in India, boosting JFSL stock ~5% intraday, closing +3.6%
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Power Grid Corp outperformed peers, up ~2.1%, though still ~18% below its 52‑week high .
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Nifty Auto Index edged up ~0.24% on fresh buying momentum
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Several mid & small cap stocks—Niraj Ispat, Indosolar, Sumeet Industries, Shree Global, Affle—hit 52‑week highs in today’s session
🔭 Market Outlook & Analyst View
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Analysts suggest sector rotation is underway: financials remain key but metals and industrials are gaining favor. Pankaj Pandey sees potential for mid‑cap private & public banks, while digital stocks hit a natural pullback
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Technical charts indicate Nifty’s next resistance could lie between the 25,800–26,000 range
🔎 Summary Table
| Indicator | Sensex | Nifty 50 |
|---|---|---|
| ▲ Daily Gain | ~303 pts | ~88 pts |
| ▲ % Move | +1.2% | +1.2% |
| 🔴 Key Pullbacks | HDFC Bank, Financials | |
| 🟢 Big Gainers | PSU Banks, Metals, IT, Himadri |
🧭 Final Word
The fourth straight day of gains reflects bullish sentiment backed by global and domestic tailwinds. While pockets of profit-taking appear in financials, sector rotation toward metals, IT, and infrastructure continues. With several large IPOs set to debut and regulatory clears in place, investor optimism remains high as markets look toward the 25.8–26k zone. That said, lofty valuations may warrant cautious trading ahead.
