The headline equity benchmarks saw a strong rebound this week, closing in the green for four out of five sessions. Supported by easing geopolitical tensions, strong global cues, positive domestic economic data, and robust FII buying, Monday was the only red day, as investor sentiment was rattled by U.S. airstrikes on Iranian nuclear sites, sparking fears of a broader Middle East conflict. However, from Tuesday onward, markets gained for four straight sessions, buoyed by news of a tentative ceasefire between Iran and Israel and strong FII inflows. Upbeat India PMI data further boosted sentiment.
Additionally, several SME and mainboard IPOs launched during the week helped increase market liquidity and investor participation.
In the week ended on Friday, 27 June 2025, the S&P BSE Sensex surged 1,650.73 points or 2% to settle at 84,058.90. The Nifty 50 index soared 525.40 points or 2.09% to settle at 25,637.80. The BSE Mid-Cap index jumped 2.33% to close at 46541.25. The BSE Small-Cap index zoomed 3.57% to end at 54,249.40.
Weekly Index Movement:
The domestic equity benchmarks took a hit on Monday as rising tensions in the Middle East spooked investors. The S&P BSE Sensex, tanked 511.38 points or 0.62% to 81,896.79. The Nifty 50 index slipped 140.05 points or 0.56% to 24,971.90.
The headline equity benchmarks ended with modest gains after a volatile session on Tuesday lifted early on by broad-based buying but later weighed down by fresh geopolitical worries. The S&P BSE Sensex, added 158.32 points or 0.19% to 82,055.11. The Nifty 50 index rose 72.45 points or 0.29% to 25,044.35.
Equity benchmarks ended sharply higher on Wednesday, buoyed by positive global cues as investor sentiment improved following signs of a tentative ceasefire between Israel and Iran. A strong showing by IT and consumer durables stocks helped push the indices higher. The S&P BSE Sensex surged 700.40 points (0.85%) to close at 82,755.51, while the Nifty 50 jumped 200.40 points (0.80%) to 25,244.75. Over the two consecutive sessions, the Sensex has gained 1.05%, and the Nifty has climbed 1.09%.
The domestic equity benchmarks extended their winning streak for a third straight session on Thursday, closing with solid gains on the back of firm global cues and hopes of de-escalation in the Israel-Iran conflict. The monthly F&O expiry added to the action, with benchmarks logging a strong upmove of over 1%. The S&P BSE Sensex zoomed 1,000.36 points or 1.21% to 83,755.87. The Nifty 50 index surged 304.25 points or 1.21% to 25,549. In the three consecutive sessions, the Sensex advanced 2.27% while the Nifty rose 2.31%.
The domestic equity benchmarks ended with minor gains on Friday, marking the fourth consecutive day of gains, driven by strong foreign institutional investor (FII) inflows, global optimism, and the U.S. Federal Reserve signaling a softer policy outlook. The positive momentum persisted despite lingering global risks and concerns over upcoming tariff deadlines. The S&P BSE Sensex, jumped 303.03 points or 0.36% to 84,058.90. The Nifty 50 index rose 88.80 points or 0.35% to 25,637.80. In four consecutive trading sessions, the Sensex advanced 2.64% while the Nifty rose 2.66%.
Economy:
The HSBC Flash India Composite Output Index, which tracks month-on-month changes in combined output from manufacturing and services, rose to 61.0 in June from 59.3 in May - the highest in 14 months and well above the long-term average.
Manufacturing led the growth, with the Manufacturing PMI Output Index climbing to 61.5 in June from 60.3 in May. The overall Manufacturing PMI rose to 58.4, its best level since April 2024, signalling improved operating conditions.
The HSBC Flash India Services PMI Business Activity jumped to 60.7 from 58.8, showing a strong uptick in service sector growth.
Stocks in Spotlight:
Nestle India rallied 3.99%. The company's board approved a bonus share issue in the ratio of 1:1.
Adani Enterprises surged 8.13%. The company announced that its joint venture, AdaniConneX (ACX), has completed the acquisition of a 100% equity stake in Granthik Realtors (GRPL) from Windson Projects LLP.
Zee Entertainment Enterprises (ZEEL) soared 8.49%. The company released a detailed strategic business update outlining its plans for consolidation, capital infusion, and digital growth.
Reliance Infrastructure zoomed 10.75%. The company announced securing an export order worth Rs 600 crore from Rheinmetall Waffe Munition GmbH, a German defence and ammunitions manufacturer.
Ask Automotive jumped 11.67%. The company’s board approved entering into a joint venture with T.D. Holding GMBH (TDH) to manufacture, market, and sell sunroof control cables and helix cables for passenger vehicles through a joint venture company.
KNR Constructions rallied 5.79%. The company announced that its joint venture KNRCL-HCPL has received a letter of acceptance worth Rs 4,800.57 crore for a major coal mining project in Jharkhand.
Ahluwalia Contracts (India) gained 9.35%. The company announced that it has secured two major construction orders with a combined value of Rs 1,103.56 crore.
Global Markets:
On the macro front, Japan delivered a pleasant surprise. Its manufacturing sector returned to expansion in June, with the au Jibun PMI rising to 50.4 from May’s 49.4. The services sector also saw steady growth, with the index nudging up to 51.5 from 51.0.
In Japan, fresh inflation data from Tokyo offered a mild surprise. Core CPI, which excludes volatile food and fuel prices, rose 3.1% year-on-year in June, cooler than the 3.6% reading in May, hinting at easing price pressures.
China’s May industrial data. The country’s industrial profits fell 9.1% year on year in the first five months of the year, according to the National Bureau of Statistics. This marked the largest decline since October last year, when industrial profits fell by 10%. Industrial profits are a crucial indicator of the financial health of China’s factories, mines, and utilities.
The U.S. economy hit a speed bump—GDP contracted at an annualized rate of 0.5% in Q1, marking the first dip since 2022. At the same time, weekly jobless claims dropped by 10,000, though economists caution the unemployment rate could inch up in June as job seekers face a tighter market.