Stock Market Highlights: Nifty Closes Above 23,800; Sensex Rallies 700 Points Amid Positive Global-Cues As Us-Iran Reach Peace Deal
Nifty Realty was the top gainer, rising 3.96%, followed by Auto up 2.6% and Metal higher by 1.78%. Nifty Pharma fell 0.66%, the only sector in the red.
Benchmark indices ended higher, supported by positive global cues linked to progress in US-Iran peace talks. The NSE Nifty 50 rose 0.98% to close at 23,853.90, up 231 points.The BSE Sensex gained 0.97% to 76,264.33, rising 736.38 points.
Meanwhile, oil prices slumped after US President Donald Trump said Washington had completed an agreement with Iran to reopen the Strait of Hormuz, a key route for global crude shipments. WTI crude futures for July delivery fell 5.76% to $79.99 a barrel, dropping below $80 for the first time since March. Brent crude futures for August delivery declined 5.07% to $82.90.
Elsewhere, European markets traded mostly higher, with Germany's DAX rising 1.42% to 24,985.67 and France's CAC gaining 1.14% to 8,446.46. The STOXX 600 advanced 0.84% to 638.51, while the FTSE 100 rose 0.33% to 10,506.41. Portugal's PSI 20 and Belgium's BEL 20 traded lower.
Stock Market Highlights: Nifty Rises Nearly 1%; Realty Leads Gains, Pharma Falls
Benchmark indices ended higher, with broad-based buying across sectors and strong participation from broader markets.
- Nifty 50 closed up nearly 1%, led by gains in Trent and Shriram Finance, both rising about 5%.
Broader Markets
- Broader indices outperformed benchmarks.
- Nifty Midcap 150 gained about 1.5%, with Kalyan Jewellers and Balkrishna Industries rising over 9%.
- Nifty Smallcap 250 climbed around 1.2%, led by Aarti Industries and Schneider Electric Infra, both up over 10%.
Sectoral Trends
- All sectors ended in the green except Pharma.
- Nifty Realty was the top gainer, up over 4%, with Prestige Estates and Phoenix Mills rising more than 5%.
- Nifty Pharma declined over 0.6%, with Aurobindo Pharma down more than 4.3% and Ajanta Pharma falling nearly 3%.
Market Structure
- Nifty Pharma snapped a two-day winning streak.
- Nifty Bank extended gains for the third consecutive session.
- Nifty FMCG, PSU Bank, Financial Services, Oil & Gas, Metal, Auto and Realty rose for the second straight day.
- Nifty IT snapped its eight-day losing streak.
Stock Market Wrap: Realty, Auto Lead Gains While Pharma Declines
Sectoral indices ended largely in the green, with strong momentum in rate-sensitive and cyclical sectors.
- Nifty Realty was the top gainer, rising 3.96%, followed by Auto up 2.6% and Metal higher by 1.78%.
- Consumption, Rural and Oil & Gas indices also gained between 1.5% and 1.73%, reflecting broad-based buying.
- Financial Services and IT edged higher by around 1.28%–1.49%, while Bank advanced 0.64%.
On the downside:
- Nifty Pharma fell 0.66%, the only sector in the red.
- Media also declined 0.14%, showing limited weakness amid otherwise strong market momentum.
Overall, the sectoral chart indicates strong participation across cyclical and domestic demand themes, with only defensive pockets underperforming.
Stock Market Wrap: Nifty Closes Above 23,800; Sensex Gains Over 700 Points
Benchmark indices ended higher, supported by positive global cues linked to progress in US-Iran peace talks.
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Nifty 50 rose 0.98% to close at 23,853.90, up 231 points.
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Sensex gained 0.97% to 76,264.33, rising 736.38 points.
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The rally helped markets build on recent gains, with sentiment supported by easing crude prices and global risk-on mood.
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Broad-based buying was seen across sectors, with gains extending through the session.
Stock Market Live: May Merchandise Exports Hit Record $45.2 Billion
- India’s merchandise exports rose 18% year-on-year to an all-time monthly high of $45.2 billion in May, according to the Commerce Ministry.
- Merchandise imports increased 20.6% to $73.4 billion, while the trade deficit widened to $28.2 billion from $22.6 billion a year earlier.
- Commerce Secretary Rajesh Agarwal said exports and imports grew strongly in April and May, and trade-related challenges could ease if the peace deal remains sustainable.
Stock Market Live: Novartis India Launches Pluvicto For Prostate Cancer Treatment
- Novartis India launched Pluvicto, a precision radiotherapy for eligible patients with PSMA-positive prostate cancer.
- The company said the therapy has received regulatory approval in India and will be available through select hospitals and nuclear medicine centres.
Stock Market Live: Jewellery Stocks Gain; Kalyan Jewellers Rises Over 11%
- Kalyan Jewellers India rose 11.33%, leading gains among jewellery stocks.
- Motisons gained 7.64%, Vaibhav Global rose 5.35%, Sky Gold advanced 5.18% and Senco Gold added 3.93%.
- Goldiam was the only stock in the list to decline, falling 1.27%.
Stock Market Live: WTI Falls Below $80 After Trump Says US-Iran Deal Reopens Hormuz
- WTI crude futures for July delivery fell 5.76% to $79.99 a barrel, dropping below $80 for the first time since March.
- Brent crude futures for August delivery declined 5.07% to $82.90 after US President Donald Trump said the US had completed a deal with Iran to reopen the Strait of Hormuz.
Stock Market Live: Israel Finance Minister Says Iran Agreement Is Bad For Israel
- Israel’s Finance Minister Bezalel Smotrich said the agreement with Iran is bad for Israel and the “free world” in a post on X.
- He said Israel would need to continue efforts to ensure Iran does not get nuclear weapons, and added that Lebanon would be a test for Israel’s security policy.
Stock Market Live: India April-May Merchandise Exports Rise 16%
- India’s merchandise exports rose 16.09% year-on-year to $88.91 billion in April-May, according to a Commerce Ministry post on X.
- Petroleum product exports increased 54.89% year-on-year in May.
Stock Market Live: US Stock Futures Rise Ahead Of Wall Street Open
- Dow Jones futures rose 1.02%, while S&P 500 futures gained 1.24%.
- Nasdaq 100 futures advanced 2.04%, pointing to gains in technology stocks at the open.
Stock Market Live: Filatex India MD Says Crude Price Fall Should Benefit Business
- Filatex India Managing Director Madhusudan Bhageria told NDTV Profit that the company expects raw material prices to decline and margins to remain in the same range as last year.
- He said the company is running at 100% capacity, demand remains strong, and the fall in crude prices should benefit the business.
- Bhageria said the first quarter should be better than earlier feared and new projects could add EBITDA of Rs 70–80 crore.
Stock Market Live: European Markets Trade Higher; DAX, CAC Lead Gains
- European markets traded mostly higher, with Germany’s DAX rising 1.42% to 24,985.67 and France’s CAC gaining 1.14% to 8,446.46.
- The STOXX 600 advanced 0.84% to 638.51, while the FTSE 100 rose 0.33% to 10,506.41. Portugal’s PSI 20 and Belgium’s BEL 20 traded lower.
Stock Market Live: Asian Markets Close Higher As Kospi, Nikkei Lead Gains
- South Korea’s Kospi rose 5.20% to 8,545.98, while Japan’s Nikkei 225 advanced 4.99% to 69,317.50.
- Shanghai gained 1.61% to 4,096.47, Australia’s ASX 200 rose 1.25% to 8,914, and Hong Kong’s Hang Seng added 0.50% to 24,842.67.
Stock Market Live: Nifty, Sensex Come Off Day’s Highs
- Nifty traded 277.10 points, or 1.17%, higher at 23,900 after rising as much as 1.64% intraday to 24,011.35.
- Sensex traded 894.25 points, or 1.18%, higher at 76,422.20 after gaining as much as 1.7%, or 1,293.12 points, to 76,821.07 earlier in the session.
Stock Market Live: Dabur, HUL Raise Toothpaste Prices In June
- Dabur raised toothpaste prices by 4.4% in June, according to distributors. Dabur Red and Meswak 200g packs were increased by Rs 6 each to Rs 141.
- Hindustan Unilever raised toothpaste prices by 2–3%. Pepsodent 200g was increased by Rs 4 to Rs 135, while Closeup 150g was raised by Rs 3 to Rs 132.
Stock Market Live: Waaree Energies Gets Order To Supply 800 MW Solar Modules
Waaree Energies received an order to supply 800 MW of solar modules, according to an exchange filing.
Stock Market Live: Israeli Minister Says Trump Agreement Does Not Bind Israel
- Israel’s Minister of National Security Itamar Ben-Gvir said President Donald Trump’s agreement does not bind Israel, calling the country independent of US decisions.
- He said any drone, UAV or missile launch towards Israel from Lebanon would lead to an Israeli strike, signalling continued regional security risks despite the US-Iran agreement.
Stock Market Live: Kalyan Jewellers, Motilal Oswal See Long Build-Up; ONGC In Short Build-Up
- F&O data showed long build-up in Kalyan Jewellers India and Motilal Oswal Financial Services.
- Short covering was seen in L&T Finance and Ashok Leyland, while Oil India and Torrent Pharma saw long unwinding.
- Aurobindo Pharma and ONGC saw short build-up.
Stock Market Live: Realty, Auto, Metals Lead Gains As Risk-On Sentiment Builds
Markets extended gains amid improving sentiment linked to developments around a US-Iran peace deal, with strong momentum across key indices.
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Nifty and Bank Nifty saw continued upside momentum, supported by buying in private banks.
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Broader indices saw value buying, indicating participation beyond large caps.
Sectoral Trends
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Realty, auto and metal stocks led gains during the session.
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Pharma remained the only sector trading in the red.
Macro And Global Cues
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Brent crude continued to decline, easing inflation concerns.
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The rupee strengthened while bond yields cooled, indicating improving risk appetite.
Market Structure
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Options and price action suggest a possible near-term consolidation after the sharp move.
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Nifty Bank may see some profit booking after recent gains.
Key Monitorables
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Focus now shifts to the US Federal Reserve meeting scheduled for Wednesday.
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Global geopolitical developments and commodity prices remain key drivers.
Stock Market Live: Govt Plans Foreign Asset Disclosure Scheme From July 1
The government is planning to roll out a one-time foreign asset disclosure scheme from July 1, according to official sources.
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The disclosure window may remain open for six months, allowing resident Indians to voluntarily declare foreign assets and income.
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The scheme will cover small taxpayers, including ESOP holders, students and returning NRIs.
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Under Category 1, undisclosed foreign assets and income of up to Rs 1 crore will attract a 60% levy on fair market value.
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Category 2 will cover cases up to Rs 5 crore where income was disclosed but foreign assets were not reported, with a flat Rs 1 lakh fee.
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Eligible declarants may get relief from prosecution and penalties under the Black Money Act.
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The move is positioned as a compliance initiative to bring overseas assets into the formal tax system.
Stock Market Live: India WPI Inflation Rises To 9.68% In May
India’s wholesale price inflation rose 9.68% year-on-year in May, higher than the estimated 9.55%, according to official data.
- Fuel, power and lighting prices increased 30.33% from last year.
- Manufactured products inflation stood at 7.48%.
- Primary articles rose 4.99%, while wholesale food inflation was at 3.6%.
Stock Market Live: IPO Activity Slows In FY27 Amid Global Volatility
Primary market activity has slowed, with IPO fundraising sharply lower so far in FY27 amid global uncertainty.
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Only 9 IPOs have been launched so far in FY27, raising Rs 9,240 crore, significantly below the pace seen in FY26, according to data compiled by NDTV Profit.
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IPO fundraising stood at Rs 1.91 lakh crore in FY26, compared with Rs 1.82 lakh crore in FY25 and Rs 67,561 crore in FY24.
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Several large issuers such as PhonePe, Curefoods and Flipkart are delaying listing timelines, citing market volatility and geopolitical risks.
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Companies are monitoring factors such as oil prices, rupee movement and global developments before proceeding with listings.
Despite the slowdown, the IPO pipeline remains active.
- Companies including NSE, Reliance Jio, Zepto, Manipal Health and Hero FinCorp are preparing for listings.
- Other firms such as Haldiram’s, CarDekho and SBI Mutual Fund are also in the pipeline.
Stock Market Live: MOSL Positive On Travel Stocks; TBO Tek Top Pick
Motilal Oswal Financial Services (MOSL) is positive on the travel sector, citing strong growth outlook and improving profitability across companies.
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On TBO Tek, the brokerage reiterated a Buy rating with a target price of Rs 1,765, implying about 30% upside. It expects GTV CAGR of 23% over FY26–FY28 and margins to expand beyond 16% by FY28.
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MOSL projects EPS CAGR of 43% for TBO Tek over FY26–FY28, driven by scale and operating leverage.
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On Ixigo, MOSL initiated coverage with a target price of Rs 217, implying 24% upside. It expects overall GTV CAGR of 22%, led by strong growth in flight, train and bus segments.
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The brokerage sees margins improving to around 10% by FY28 and expects EPS CAGR of 51% over FY26–FY28.
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On Yatra, MOSL initiated coverage with a target price of Rs 12, implying 21% upside.
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It expects EPS CAGR of 41% over FY26–FY28, supported by expansion in hotels and packages business.
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MOSL said the company’s GTV mix is likely to support higher-margin growth and improved profitability.
Stock Market Live: Bharti Airtel Gets Shareholder Nod For Africa Stake Deal
Bharti Airtel said it has secured shareholder approval for its Africa stake transaction, according to an exchange filing.
- Nearly 100% of shareholders approved the deal.
- The approval clears the way for the company to proceed with the Africa transaction.
Stock Market Live: FM Flags Raw Material Pressures, Seeks More Foreign Capital
Finance Minister Nirmala Sitharaman said raw material imports remain a key strain for India as global commodity prices continue to fluctuate.
- She said India still depends significantly on imported raw materials and highlighted volatility in global commodity markets.
- The government is looking to attract more foreign capital and has allowed banks greater flexibility to raise foreign currency funds.
- Sitharaman said a calibrated approach is being followed to support foreign investment flows.
On domestic economy and sectors:
- She said the kharif season is supported by adequate fertiliser availability.
- The Centre is working with states on leveraging opportunities in GCCs and artificial intelligence.
- Data centre investments are expanding into tier-II cities, with strong support from state governments.
Stock Market Live: Sun Pharma Leads Long Unwinding Screen
- Sun Pharma featured prominently on the liquidation screen as futures prices declined alongside a fall in open interest.
- The pattern is typically associated with traders unwinding existing bullish positions.
Stock Market Live: Nifty Bank Futures Witness Long Build-Up
- Bank Nifty futures gained 1.05% while open interest increased 17.35%, placing the index among notable accumulation candidates.
- The positioning suggests traders added fresh long exposure in banking stocks.
Stock Market Live: BPCL And Muthoot Finance Feature In Long Build-Up List
- BPCL and Muthoot Finance appeared among stocks witnessing gains in futures prices along with rising open interest.
- The trend indicates traders are building fresh bullish positions in these counters.
Stock Market Live: Delhivery Leads Long Build-Up Screen
- Delhivery topped the accumulation category with futures prices rising 2.92% alongside an 88.89% increase in open interest.
- The combination of rising prices and increasing open interest is generally associated with fresh long positions entering the stock.
Stock Market Live: HDFC Bank Open Interest Crosses Nine Lakh Contracts
- HDFC Bank's total derivative open interest has increased 32.29% since the previous expiry to more than nine lakh contracts.
- The stock continues to remain one of the largest contributors to derivatives turnover within the banking sector.
Stock Market Live: ONGC Call Open Interest Jumps More Than 600%
- ONGC has recorded a 601.56% rise in Call open interest since the previous expiry.
- The increase points to heightened trader participation in the energy major's options segment.
Stock Market Live: Glenmark Put Open Interest Surges 884% Since Expiry
- Glenmark's Put open interest has increased 884% since the previous expiry cycle.
- The jump is among the largest across the F&O universe and highlights exceptionally strong options activity in the stock.
Stock Market Live: PI Industries Leads Open Interest Expansion With 203% Jump
- PI Industries has recorded a 202.87% rise in total open interest since the previous expiry.
- The stock remains among the most actively positioned counters in the derivatives segment.
Stock Market Live: Wipro Open Interest Rises 214% Despite Stock Weakness
- Wipro's total derivative open interest has increased 214.11% since the previous expiry, while the stock has fallen more than 27%.
- The divergence points to aggressive derivatives positioning amid continued weakness in the IT stock.
Stock Market Live: PV Sales At 4.4 Lakh Units; Two-Wheeler Sales At 19 Lakh In May
Auto industry data for May showed steady volumes across key segments.
- Passenger vehicle sales stood at 4.4 lakh units.
- Domestic two-wheeler sales came in at 19 lakh units.
Stock Market Live: Nifty Fin Service Derivative Activity Jumps Nearly 500%
- Nifty Fin Service recorded a 494.31% increase in total open interest since the previous expiry cycle.
- The sector has witnessed one of the strongest increases in derivatives activity among NSE indices.
Stock Market Live: Nifty Mid Select Records 138% Surge In Open Interest
- Nifty Mid Select has seen total open interest rise 137.77% since the last expiry.
- The sharp increase signals growing trader participation in the mid-cap derivatives segment.
Stock Market Live: Nifty Bank Open Interest Climbs Nearly 96% Since Expiry
- Bank Nifty's total open interest has increased 95.72% since the previous expiry.
- The increase comes even as the banking index is down 1.34% over the same period, reflecting elevated derivatives activity.
Stock Market Live: Nifty Put Open Interest Surges 202% Since Last Expiry
- Nifty Put open interest has increased 201.90% since the previous expiry cycle, rising to nearly 68 lakh contracts.
- The sharp rise highlights strong demand for downside protection and active positioning in index options.
Stock Market Live: Nifty Derivative Open Interest Jumps 168% Since Previous Expiry
- Nifty has declined 7.62% since the last expiry, but total derivative open interest has risen 167.56% to nearly 1.28 crore contracts.
- The increase reflects substantial trader participation despite the decline in the benchmark index.
Stock Market Live: Vedanta And Fortis See Long Unwinding Activity
- Vedanta and Fortis appeared among stocks witnessing declining futures prices along with lower open interest.
- The trend indicates long positions were being reduced during the session.
Stock Market Live: Titan And Bandhan Bank Lead Short Covering List
- Titan and Bandhan Bank featured on the short-covering screen as futures prices advanced while open interest declined.
- The pattern suggests traders were closing bearish positions in the two stocks.
Stock Market Live: Realty And Capital Goods Stocks Witness Short Covering
- Godrej Properties, REC, Cummins India and Cochin Shipyard were among counters showing gains in futures prices alongside falling open interest.
- The positioning indicates short sellers reduced exposure in these stocks.
Stock Market Live: Bank Nifty Put Open Interest Highest At 57,000
- The largest outstanding Put open interest remains concentrated at the 57,000 strike, followed by 57,500.
- The positioning reinforces the importance of the 57,000-57,500 zone as a strong support area for the banking index.
Stock Market Live: Bank Nifty Open Interest Highlights 58,000 As Major Resistance
- Outstanding Call open interest is highest at the 58,000 strike with nearly 9 lakh contracts.
- The level remains the most significant resistance point in the current weekly series and will be closely monitored by derivatives traders.
Stock Market Live: Bank Nifty Call Writers Concentrate At 57,500 And 58,000
- The highest Call additions were seen at 57,500 and 58,000 strikes.
- The build-up suggests traders expect resistance near these levels and are positioning for limited upside beyond the immediate expiry range.
Stock Market Live: Bank Nifty Put Writers Anchor Support At 57,500
- Bank Nifty options data shows the largest Put additions at the 57,500 strike, with traders adding more than 2 lakh contracts.
- Fresh Put writing was also visible at 57,400 and 58,000 strikes, indicating traders continue to build support around the 57,500 zone heading into expiry.
Stock Market Live: Nifty Call Open Interest Peaks At 24,000 Strike
- The 24,000 strike continues to hold the largest Call open interest position in the weekly series, making it the primary resistance level on traders' radar.
- A sustained move above the strike could force Call writers to unwind positions, potentially adding momentum to upside moves.
Stock Market Live: Nifty Put Writers Shift Support Higher To 23,800-24,000
- Fresh additions at 23,800, 23,900 and 24,000 indicate traders are gradually shifting support levels higher compared with previous sessions.
- The positioning suggests market participants expect buyers to emerge aggressively on declines toward these strikes.
Stock Market Live: Nifty Open Interest Signals 24,000 As Crucial Expiry Pivot
- Outstanding Call open interest remains highest at the 24,000 strike with over 23 lakh contracts, while Put open interest is concentrated at 23,800, 23,900 and 24,000.
- With both Call and Put writers active around 24,000, the strike has emerged as the most important pivot level for the weekly expiry session.
Stock Market Live: Vedanta Group Companies List At Wide Divergence To Issue Price
Vedanta group entities saw varied listing performance across exchanges, with significant divergence from the issue price.
- Vedanta Iron & Steel listed at Rs 22.25 on BSE and Rs 20 on NSE against an issue price of Rs 121.
- Vedanta Oil & Gas listed at Rs 39 on BSE and Rs 38 on NSE.
- Vedanta Power debuted at Rs 41.80 on NSE and Rs 41.30 on BSE.
- Vedanta Aluminium listed at a premium, at Rs 527 on BSE and Rs 522 on NSE.
The listings showed sharp discounts for most verticals, while Vedanta Aluminium traded at a significant premium to the issue price.
Stock Market Live: Cipla Leads Fresh Short Build-Up Category
- Cipla topped the fresh shorts screen with futures prices falling while open interest increased 33.33%.
- The combination points to traders adding new bearish positions in the stock.
Stock Market Live: Metals And Energy Stocks Dominate Fresh Shorts List
- Coal India, Hindalco, ONGC, Oil India and NMDC featured prominently among stocks witnessing fresh short build-up.
- The concentration suggests traders remain cautious on select commodity-linked counters despite broader market resilience.
Stock Market Live: SRF And GVT&D See New Bearish Positions
- SRF and GVT&D recorded declining futures prices along with rising open interest.
- The pattern indicates fresh short positions were added during the trading session.
Stock Market Live: Nifty Call Writers Defend 24,000-24,200 Zone
The largest addition in Call open interest was also recorded at the 24,000 strike, followed by 24,100 and 24,200 strikes.
The concentration of Call writing immediately above spot levels suggests traders expect resistance to emerge around the 24,000-24,200 band. The positioning points to a tightly contested expiry range.
Stock Market Live: Nifty Put Writers Build Strong Base At 24,000 Ahead Of Expiry
Nifty options data shows the highest addition in Put open interest at the 24,000 strike, with traders adding more than 10 lakh contracts. Significant Put writing was also visible at 23,800 and 23,900 strikes.
The aggressive Put build-up suggests traders are treating the 24,000 zone as the key support level for the current weekly expiry. Fresh Put writing below spot levels indicates market participants continue to buy into dips rather than position for a deeper correction.
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Stock Market Live: Samir Arora Sees Limited Near-Term FII Buying, Prefers Banks
Helios Capital’s Samir Arora said markets have already seen a 4–5% move in the last two days, indicating recent gains.
- He said Indian markets have not performed poorly over the past two years, though comparisons with South Korea appear weaker.
- Arora noted that foreign investors have sold in other markets as well, including Korea.
- He said banks remain the first area of focus, but is not convinced FIIs will return immediately.
- He added that investors may need to shift towards higher growth sectors going forward.
Stock Market Live: TBO Tek, Alok Industries Lead Gains; Reliance Infra Among Top Losers
A broad set of stocks remained active in trade, with gains concentrated in financials, auto and select industrial names, while infrastructure and pharma stocks declined.
- TBO Tek rose 9.77%, the top gainer, followed by Alok Industries up 7.89% and L&T Finance gaining 6.29%.
- Shipping Corporation, Cholamandalam Finance and Ashok Leyland advanced between 5–6%.
- Five-Star Business Finance, Mangalore Refinery and Himachal Futuristic Communications also gained around 5%.
- JK Tyre, SBFC Finance, IOC and IFCI posted gains between 2% and 4%.
On the downside:
- Reliance Infrastructure fell 5%, the biggest decline among active stocks.
- GE T&D India, Data Patterns and Ajanta Pharma dropped between 2.7% and 3.3%.
- Aegis Logistics, Emcure Pharma and Aurobindo Pharma also traded lower.
- Zee Entertainment and Oil India saw marginal declines.
Stock Market Live: Groww Sees Block Trade Of 2.13 Million Shares
- Groww saw a block deal in the session with 2.13 million shares changing hands.
- Details of buyers and sellers were not immediately available.
Stock Market Live: Swiggy, Barbeque-Nation Lead Gains In Consumption Stocks
Consumption-linked stocks traded higher, with gains led by food delivery and QSR names.
- Swiggy rose 4.44%, the top gainer among peers.
- Barbeque-Nation Hospitality gained 4.35%, followed by Eternal up 3.32%.
- Westlife Foodworld advanced 3.29%, while Jubilant FoodWorks rose 2.40%.
Stock Market Live: HPCL, BPCL, IOC Shares Rise In Early Trade
- Hindustan Petroleum Corp. rose 4.06%, while Bharat Petroleum Corp. gained 3.90%.
- Indian Oil Corp. advanced 3.68%
Stock Market Live: SpiceJet, IndiGo Shares Rise In Early Trade
- SpiceJet shares rose 4.62%, while InterGlobe Aviation gained 3.71%.
- Both aviation stocks traded higher in early trade.
Stock Market Live: HDFC Bank, RIL Lead Nifty Gains
- HDFC Bank added 53.59 points to the Nifty 50 move, followed by Reliance Industries at 38.59 points and Larsen & Toubro at 30.13 points.
- Bajaj Finance and ICICI Bank contributed 20.03 points and 15.17 points, respectively. Sun Pharma, Cipla, Apollo Hospitals and ONGC were among the drags.
Stock Market Live: Realty, Oil And Gas Lead Sectoral Gains; Pharma Falls
- Nifty Realty rose 2.77%, leading sectoral gains, followed by Nifty Oil and Gas at 1.98% and Nifty Auto at 1.95%.
- Nifty Financial Services, Nifty Rural, Nifty Consumption and Nifty PSU Bank also gained over 1%.
- Nifty Pharma was the only sectoral loser, down 0.4%, while Nifty Media was little changed.
Stock Market Live: Nifty Tops 24,000, Sensex Rises Over 1,200 Points
- Nifty rose as much as 1.64% to 24,011.35.
- Sensex gained as much as 1.7%, or 1,293.12 points, to 76,821.07.
Stock Market Live: Rupee Opens Higher Against US Dollar
The Indian rupee strengthened at the open, appreciating as much as 46.25 paise against the US dollar.
Stock Market Live: Nifty, Sensex Rise Over 1.5% In Pre-Market Trade
- Nifty 50 rose 1.53% to 23,984.85 in pre-market trade, gaining 361.95 points.
- Sensex advanced 1.59% to 76,725.27, up 1,197.32 points.
Stock Market Live: UBS Initiates Coverage On Metals With Selective View
- UBS initiated coverage on Hindalco, NALCO and Coal India with Buy ratings, while starting Jindal Steel, Tata Steel and JSW Steel at Neutral.
- The brokerage initiated Sell ratings on SAIL and NMDC. It said aluminium has favourable macro conditions and operating leverage, while steel has limited upside to realisations or valuations.
- UBS said Coal India is a beneficiary of India’s energy demand, while NMDC faces headwinds from execution risks and flat iron ore pricing.
Stock Market Live: James Dorsey Says Hormuz Status Needs Monitoring
- James Dorsey of S. Rajaratnam School of International Studies told NDTV Profit that there is no agreement yet on how the nuclear issue will be resolved.
- He said the permanent status of the Strait of Hormuz and the durability of the US-Iran deal need to be watched, while the conflict is likely near its end.
Stock Market Live: JP Morgan Raises LIC Housing Finance Target Price To Rs 590
- JP Morgan maintained a Neutral rating on LIC Housing Finance and raised its target price to Rs 590 from Rs 500.
- The brokerage said loan growth guidance of 10–12% appears ambitious, while third-party channel expansion, competitive pressure on yields, and higher technology and branding costs could weigh on profitability.
Stock Market Live: Citi Initiates Buy On LG Electronics India With Rs 1,800 Target
- Citi initiated coverage on LG Electronics India with a Buy rating and a target price of Rs 1,800.
- The brokerage cited the company’s market share in consumer durables, more than 85% localised manufacturing and parent-backed R&D. It expects 12% revenue CAGR and 23% PAT CAGR during FY26–29.
Stock Market Live: Geoffrey Dennis Says Iran Deal Could Support Equities, Bonds And EMs
- Geoffrey Dennis of Independent Emerging Markets told NDTV Profit that oil is falling as an Iran deal appears to be in sight.
- He said the deal would be positive for equities, bonds and emerging markets, and could allow the tech trade to resume as uncertainty eases.
- Dennis said oil prices may not stay at current levels, while the trend in crude could weigh on the dollar.
Stock Market Live: Jefferies Maintains Buy On IndiGo With Rs 5,380 Target
- Jefferies maintained a Buy rating on IndiGo with a target price of Rs 5,380.
- The brokerage said management remains focused on pricing over capacity amid cost inflation. It cited aviation demand, cost controls, fleet expansion, forex hedging and international routes as growth drivers.
Stock Market Live: UBS, Nomura Maintain Ratings On Nestlé Amid FSSAI Notice
- UBS maintained a Neutral rating on Nestlé SA with a target price of CHF 80. The brokerage noted that FSSAI issued a notice over alleged larvae detection in a Maggi packet.
- Nomura maintained a Buy rating on Nestlé India with a target price of Rs 1,500. It said the company has stated that the complaint came from an unverified X account, lab tests found no infestation in the batch, and quality records were submitted to FSSAI.
Stock Market Live: Macquarie, Jefferies Set Rs 125 Target Price On GMR Airports
- Macquarie initiated coverage on GMR Airports with an Outperform rating and a target price of Rs 125, citing travel-linked consumption, retail and duty-free spending, and land development opportunities.
- Jefferies maintained a Buy rating with a target price of Rs 125, saying aero, non-aero and real estate businesses support growth. It also cited easing capex, positive free cash flow and lower leverage.
Stock Market Live: UBS Initiates Coverage On Lenskart With Buy Rating
- UBS initiated coverage on Lenskart with a Buy rating and a target price of Rs 730.
- The brokerage said Lenskart offers products at nearly half the price of peers and has emerged as a leader in the segment. It expects the company’s earnings per share to grow at a CAGR of 44% over FY26-31.
Stock Market Live: Nifty Futures Rise, Kaynes Enters F&O Ban
- Nifty June futures rose 2.22% to 23,714.80, trading at a premium of 91.9 points.
- In options, the maximum Call open interest was at 24,000, while the maximum Put open interest stood at 22,500.
- Kaynes is in the F&O ban period.
Stock Market Live: Vadilal Industries Enters Short-Term ASM Framework
- Vadilal Industries has been shortlisted under the short-term ASM framework.
- Hindustan Copper and Embassy Developments will be excluded from the ASM framework.
Stock Market Live: GIFT Nifty Tops 24,000, Signals Higher Start For Nifty
\GIFT Nifty traded at 24,020, compared with Friday’s Nifty 50 close of 23,622.90.
Stock Market Live: DCM Price Band Revised To 5%
- DCM’s price band has been revised to 5% from 20%, according to the trading tweak update.
Stock Market Live: Thomas Cook, NRB Bearings, NLC India See Insider Trades
- Fairbridge Capital Mauritius, promoter of Thomas Cook India, acquired 44.27 lakh shares. NRB Bearings promoter Harshbeena Zaveri pledged 1.96 crore shares.
- The President of India, represented by the Ministry of Coal, disposed of 3.77 crore shares in NLC India. NCC promoter Sirisha Projects pledged 55 lakh shares.
- GRM Overseas promoters Mamta Garg and Atul Garg acquired shares, while Eveready Industries India promoter Gyan Enterprises and Alembic Pharmaceuticals promoter group entity Nirayu also bought shares.
Stock Market Live: GRM Overseas, Vintage Coffee, Sanofi India See Bulk Deals
- R G Family Trust sold 15 lakh shares of GRM Overseas at Rs 93.39 apiece, while Ravi Goyal HUF bought 15 lakh shares at Rs 93.40 each.
- Altizen Ventures sold 7.50 lakh shares of Vintage Coffee and Beverages at Rs 163.17 apiece.
- In Sanofi India, HDFC Life Insurance Company sold 2.75 lakh shares, while Nippon India Mutual Fund bought 2.64 lakh shares at Rs 3,150 apiece.
Stock Market Live: JSW Energy, ONGC, Aurobindo Pharma Among Stocks In News
- JSW Energy commissioned the 150 MW Tidong Hydro Project in Himachal Pradesh ahead of its October 2026 schedule. The project has a long-term power purchase agreement with UP Power Corporation at Rs 5.57 per unit.
- ONGC Petro additions approved a plan to raise up to Rs 4,471 crore through non-convertible debentures for debt refinancing and working capital needs.
- Aurobindo Pharma said the US FDA classified the inspection outcome at Eugia Pharma Specialities’ Telangana facility as Official Action Indicated after issuing 11 observations.
Stock Market Live: Patanjali Foods, JSW Energy, Aditya Birla Capital Among Stocks In News
- Patanjali Foods said the Chennai Tax Authority dropped its Rs 1,353 crore tax and penalty demand after reviewing the company’s clarifications.
- JSW Energy’s unit JSW Neo Energy signed an agreement to acquire 100% stake in Maruti Clean Coal and Power for an enterprise value of Rs 1,410 crore.
- Aditya Birla Capital’s board approved a Rs 4,000 crore equity fundraising plan through preferential allotment, with participation from Grasim Industries, Suryaja Investments and International Finance Corporation.
Stock Market Live: Sun Pharma, Ceinsys Tech, Nesco Among Stocks In News
- Sun Pharmaceutical Industries said Independent Director Gautam Doshi has been arrested by enforcement authorities, adding that the matter is personal and unrelated to company operations.
- Ceinsys Tech said its US subsidiary received purchase orders worth Rs 30 crore from T Second Inc. for technology and data localisation services.
- Nesco said the Mumbai High Court granted bail to its Vice President in an ongoing legal matter, and the company expects no material impact on operations.
Stock Market Live: Oswal Pumps Gets Rs 500 Crore Solar Project Orders In Bihar
- Oswal Pumps received three letters of award from NBPDCL and SBPDCL for solar projects in Bihar, according to an exchange filing.
- The orders include aggregate installation work worth Rs 247 crore and additional revenue potential of Rs 257 crore.
Stock Market Live: NSE To File IPO Papers This Week, Mint Reports
- \NSE is expected to file papers for its India IPO this week, Mint reported.
- The IPO will be entirely an offer for sale. SBI and GIC are among shareholders planning to sell about 10% stake, while LIC may not sell its holding, according to the report.
Stock Market Live: Trump Says US Could Restart Attacks If Iran Nuclear Talks Fail
- US President Donald Trump told The New York Times that the agreement with Iran would keep the Strait of Hormuz “permanently toll free”.
- Trump said the US could restart military action against Tehran if Iran fails to reach a final nuclear accord. He said follow-up talks are expected to begin on Friday in Switzerland.
Stock Market Live: Starmer Says UK Ready To Support US-Iran Talks
- UK Prime Minister Keir Starmer said Britain is ready to support technical talks between the US and Iran after the two sides agreed to halt hostilities.
- Starmer said the memorandum of understanding must be implemented to reopen the Strait of Hormuz and restore toll-free freedom of navigation through the waterway.
Stock Market Live: Trump Says Iran Deal Will Reopen Strait Of Hormuz On Friday
- US President Donald Trump said the agreement with Iran will bring peace and security to the region and allow the Strait of Hormuz to reopen after the deal is signed on Friday.
- He said oil flows would resume through the route after mine-removal work linked to the opening of the Strait.
Stock Market Live: Iran Official Says MoU Signing Due On Friday
- Iran’s Deputy Foreign Minister for Legal and International Affairs Gharibabadi said the memorandum of understanding will be published after its official signing, according to Press TV.
- He said the signing is scheduled for Friday, with future talks depending on verification of US commitments on ending the war, lifting the blockade and releasing assets.
Stock Market Live: Asian Markets Trade Mixed As Nikkei, Kospi Lead Gains
- Japan’s Nikkei rose 4.68% to 69,108.03, while South Korea’s Kospi gained 5.64% to 8,581.47.
- Australia’s ASX 200 advanced 1.44%, Singapore’s STI climbed 0.76% and New Zealand’s NZX 50 added 0.28%.
Stock Market Live: Oil Prices Fall After Trump Says US-Iran Deal Will Reopen Hormuz
WTI crude futures for July delivery fell 4.77% to $80.83 a barrel, while Brent crude futures for August delivery declined about 4% to $83.77 a barrel.
Prices extended their decline after US President Donald Trump said Washington had completed an agreement with Iran to reopen the Strait of Hormuz, a key route for global crude shipments.
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