Most benchmarks in Asia-Pacific were trading lower on Friday ahead of the outcome of the Bank of Japan's policy meet, scheduled to be published today.
The Nikkei 225 was 121.52 points or 0.31% lower at 38,598.95, and the S&P ASX 200 was 27.20 points or 0.35% down at 7,722.50 as of 06:37 a.m. The KOSPI Index was 11.32 points or 0.41% higher at 2,766.21.
A surge in U.S. stocks dissipated due to increased political risks in France. This led to the nation's 10-year bond premiums reaching their widest margin since 2017 compared to their safer German counterparts.
The S&P 500 Index rose 0.23% and the Nasdaq Composite gained 0.34%, respectively, as of Thursday. The Dow Jones Industrial Average fell 0.17%.
Brent crude was trading 0.81% lower at $82.08 a barrel. Gold rose 0.06% to $2,305.53 an ounce.
The GIFT Nifty was trading 19 points or 0.08% lower at 23,401.50 as of 06:39 a.m.
The Indian benchmark equity indices extended their rally for a third consecutive day on Thursday to close at their highest levels as macro data uplifted the sentiment. The NSE Nifty 50 closed 75.95 points or 0.33%, up at 23398.90, while the S&P BSE Sensex ended 204.33 points or 0.27%, higher at 76810.90.
Overseas investors turned net sellers on Thursday after a day of buying. Foreign portfolio investors offloaded stocks worth Rs 3,033 crore, while domestic institutional investors sold equities worth Rs 553.9 crore, according to provisional data from the National Stock Exchange.
The Indian currency closed flat against the US dollar at 83.55.
Stocks to Watch
Ambuja Cement: The company will acquire a 100% stake in Penna Cement Industries at an enterprise value of Rs 10,422 crore.
Vodafone Idea: The company board has approved raising Rs 2,458 crore through the issuance of shares on a preferential basis. The company will use the funds to clear part of its outstanding debt, expand its 4G coverage, and launch 5G services.
Puravankara: The board approved in-principal approval for raising up to Rs 1,000 crore via QIP.
Wipro: The company launched an on-premises GenAI solution in a pact with Hewlett-Packard Enterprise.
Life Insurance Corporation: The company increased its stake in Dr Reddy’s Laboratories from 4.95% to 5.01%.
Zaggle Prepaid Ocean Services: The company is in a pact with Skydo Technologies to facilitate cross-border payments for Zaggle corporate customers.
Rites: The company and DMRC signed a MoU to explore consultancy, operations and management projects for the Metro Rail system.
DCX Systems: The company received an order worth Rs 32 crore from domestic and overseas customers to supply cable and wire harness assemblies.
Atul Auto: The company incorporated the unit Atulease for vehicle leasing.
Asian Energy Services: The company received an LOA from Sun Petrochemicals for 3D seismic data acquisition and processing services for Sunpetro’s fields and blocks in Gujarat. The value of the LOA is Rs 37.71 crore, excluding GST.
National Aluminium Company: The company executed a mining lease deed with the State Government of Odisha today over an area of 697.979 hectares for bauxite mines in Koraput District. The mines have an annual production capacity of 3.5 million tonnes and have reserves estimated at 111 million tonnes, projecting a mine life of 32 years.
Suven Pharmaceuticals: The company signed definitive agreements today to acquire 100% of the equity shares in Sapala Organics. The company will initially acquire 67.5% through secondary transfers from Target’s existing shareholders and a balance stake in 2026–27.
Havells: The company is to expand the manufacturing capacities of air conditioners at Ghiloth, Sricity, to 15 lakh units per year. The proposed investment for capacity enhancements at Ghiloth and Sricity plants is in the range of Rs 50–60 crore.
SEPC: The company is to consider fundraising on June 19.
Shipping Corporation of India: NITI Aayog gives in-principal approval for the formation of a wholly-owned subsidiary in GIFT City.
Cupid: The company received an initial order from Cipla Health to manufacture a range of male condoms under the Cipla brand. Cipla Health has committed to placing regular, sizeable orders for male condoms with the company in the coming quarters.
Exxaro Tiles: The company will temporarily shut down unit 1 Padra plant for 4 weeks starting June 14 due to maintenance.
Block Deals
L&T Finance: BNP Paribas Financial Markets sold 5.78 crore shares (2.33%) at Rs 170.6 apiece, BC Investments Vi sold 1.03 crore shares (0.41%) at Rs 170.6 apiece, BC Asia Growth Investments sold 2 crore shares (0.8%) at Rs 170.6 apiece, Morgan Stanley Asia Singapore PTE bought 3.37 crore shares (1.36%) at Rs 170.6 apiece, and Larsen & Toubro bought 1.25 crore shares (0.5%) at Rs 170.6 apiece.
Interglobe Aviation: Citigroup Global Markets Mauritius sold 5.21 lakh shares (0.13%) at Rs 4,300.4 apiece, and Societe Generale bought 5.21 lakh shares (0.13%) at Rs 4,300.4 apiece.
Bulk Deals
Senco Gold: Saif Partners India IV sold 45.07 lakh shares (5.8%), while India Acorn Icav bought 6.33 lakh shares (0.81%), Apah Capital Master Fund bought 5.22 lakh shares (0.67%), and Motilal Oswal Equity Opportunities Fund Series bought 3.96 lakh shares (0.5%) at Rs 960 apiece.
Indian Shelter Finance: Madison India Opportunities Trust Fund sold 11.35 lakh shares (1.06%) at 665.11 apiece.
Dharmpur Sugar Mills: Goel Anil Kumar sold 5.97 lakh shares (0.89%) at Rs 247.9 apiece.
Dwarkesh Sugar Industries: Goel Anil Kumar sold 12.9 lakh shares (0.68%) at Rs 76.66 apiece.
OM Infra: Vidhul Gupta bought 5 lakh shares (0.51%) at Rs 171.14 apiece.
Power Mech Projects: Power Mech Infra sold 1.08 lakh shares (0.72%), Aishwarya Kurra sold 0.81 lakh shares (0.54%), and Lakshmi Sajja sold 0.81 lakh shares (0.54%) at Rs 4754.6 apiece.
Insider Trades
Som Distilleries & Breweries: Promoter Deepak Arora bought 20,000 shares on June 12.
Action Construction Equipment: Promoter Mona Agarwal sold 13 lakh shares, and Promoter Sorab Agarwal sold 3 lakh shares on June 11.
Cantabil Retail: Promoter Deepak Bansal bought 1 lakh shares on June 10.
Wardwizard Innovations & Mobility: Promoter Wardwizard Solutions India Promoter Wardwizard Solutions India sold 67.12 lakh shares on June 10, 11.
Trading Tweaks
Price band revised from 10% to 5%: Marine Electricals, Accuracy Shipping, OM Infra.
Ex/record Dividend: Sona BLW Precision Forgings, Bajaj Auto, BSE, Adani Energy Solutions, Adani Green Energy, Adani Power, Canara Bank, MM Forgings, L&T Technology Services, Bikaji Foods International, Xchanging Solutions, Elecon Engineering, VST Industries, Hindustan Unilever, Torrent Power, ACC, Adani Enterprises, Adani Ports and Special Economic Zone, Ambuja Cements, Adani Total Gas, Happiest Minds Technologies.
Ex/record stock split: Kamdhenu Ventures (1:5)
Moved into short-term framework: Associated Alcohols & Breweries, Dredging Corporation of India, Elecon Engineering Company, Hindustan Construction Company, Reliance Power, and SEPC.
Moved Out of short-term Framework: Allsec Technologies.
Who’s Meeting Whom
Adani Green Energy: To meet analysts and investors on June 19.
SIS: To meet analysts and investors on June 19.
Kotak Mahindra Bank: To meet analysts and investors on June 19.
LT Foods: To meet analysts and investors on June 20 and 21.
Cochin Shipyard: To meet analysts and investors on June 20.
Isgec Heavy Engineering: To meet analysts and investors on June 20.
General Insurance Corp.: To meet analysts and investors on June 18, 19, 25, and 26.
Subex: To meet analysts and investors on June 18–20.
Computer Age Management Services: To meet analysts and investors on June 25.
F&O Cues
Nifty June Futures up by 0.18% to 23,399.25 at a premium of 0.35 points.
Nifty June Futures open interest down by 2.86%.
Nifty Bank June Futures up by 0.02% to 49,912.65 at a premium of 65.95 points.
Nifty Bank June futures open interest down by 1.3%.
Nifty Options June 20 Expiry: Maximum Call open interest at 24,000 and Maximum Put open interest at 22,500.
Bank Nifty Options June 19 Expiry: Maximum Call Open Interest at 50,000 and Maximum Put open interest at 50,000.
Securities in ban period: GMR Infra, Hindustan Copper, India Cements, SAIL, SUN TV network.
Money Market Update
The Indian currency closed flat against the US dollar at 83.55.
Research Reports
Mankind Pharma - Disruptor With A Dose Of Care; Motilal Oswal Initiates Coverage With A Buy
Paras Defence - Guides For A Revenue Of Rs 3.3 Billion In FY25: Nirmal Bang
Q4 FY24 Review - BFSI, Auto Drive Earnings; Oil And Gas’ Moderate: Motilal Oswal
Banks - NIM Compression Along With Improving Asset Quality Continues In Q4: CareEdge
Disclaimer: NDTV is a subsidiary of AMG Media Networks Ltd, an Adani Group Company.
RECOMMENDED FOR YOU
.jpg?rect=0%2C0%2C3500%2C1969&w=75)
Union Bank Of India Share Price Dips As Q1 Advances, Deposits Decline
Jul 09, 2025
FPIs Pour Into Financial, Oil And Gas Stocks In June
Jul 04, 2025
Stock Market Today: All You Need To Know Going Into Trade On July 2
Jul 02, 2025
.jpg?rect=0%2C0%2C3500%2C1969&w=75)
Stock Market Today: All You Need To Know Going Into Trade On June 20
Jun 20, 2025
POPULAR