The Indian stock market extended its winning streak for the third consecutive session on June 27, 2025, with the Sensex breaching the 84,000 mark for the first time since October 2024. The Nifty also advanced steadily, supported by blue-chip buying, foreign inflows, and strong global cues. The rally was further bolstered by easing geopolitical tensions and improving domestic macroeconomic indicators.
Market PerformanceBSE Sensex: Gained 303.03 points (+0.36%) to close at 84,058.90
Opening: 83,774.45 | Intraday High: 84,058.90 | Low: 83,774.45
NSE Nifty 50: Rose 88.80 points (+0.35%) to settle at 25,637.80
Market Breadth (BSE at Noon):
Advances: 2,379 | Declines: 1,391 | Unchanged: 186
Upper Circuit: 190 | Lower Circuit: 140
India VIX: Remained steady at around 13.5, indicating sustained low volatility
Key Market DriversGeopolitical Relief:The US-brokered ceasefire between Israel and Iran continued to ease market nerves, with Brent crude oil prices steady at ~$84 per barrel, supporting risk sentiment.
Global Cues:
S&P 500: +0.45% | Nasdaq: +0.74%
Nikkei 225: +0.6% | FTSE 100: +0.7%Market optimism was driven by speculation over a potential delay or relaxation in US tariff actions.
Institutional Flows:
FIIs: Net buyers with inflows of approximately ₹2,500 crore
DIIs: Continued strong accumulation across sectors
Currency Movement:
The rupee strengthened by 24 paise to close at ₹85.48/USD, aided by robust equity flows
Macroeconomic Data:
GST collections for May 2025 stood at ₹2.01 lakh crore (+16.4% YoY)
The IMD confirmed full northwest monsoon coverage, boosting consumption outlook
Sectoral TrendsTop Performers:
Nifty Oil & Gas: +1.19%
PSU Bank: +0.47%
Media: +0.23%
Underperformers:
Nifty Realty and Nifty IT ended marginally in the red
Broader Market:
Nifty Midcap 100: +0.38%
Nifty Smallcap 100: +0.91%Mid and small-cap indices posted fifth straight session of gains, reflecting strong retail and HNI participation
Notable Corporate Developments
HDB Financial Services:
Its ₹12,500 crore IPO saw strong subscription interest, enhancing financial sector sentiment ahead of its July 2 listing
Ashok Leyland:
Delivered 100 trucks to Instant Transport as part of a 200-vehicle order, bolstering its presence in logistics
Indogulf Cropsciences:
Concluded its IPO with strong anchor investor demand, raising ₹58.19 crore
Sambhv Steel Tubes:
Set a price band of ₹77–82 for its upcoming ₹540 crore IPO, with listing set for July 2
ICICI Bank:
Approved the acquisition of an additional 2.0% stake in ICICI Prudential AMC, reinforcing its hold in asset management
Technical & Market OutlookNifty Levels:
Support: 25,400 – 25,200
Resistance: 25,800 – 26,000
Sustained movement above 25,800 could trigger a rally toward 26,200
Sensex Levels:
Support: 83,500 – 83,000
Resistance: 84,500 – 85,000
Volatility Outlook:
While VIX remains low, month-end positioning and F&O expiry may cause intraday swings
Key Triggers Ahead:
US Core PCE inflation data, Q1 FY26 earnings season, monsoon impact, and global trade/tariff negotiations will guide near-term sentiment
ConclusionOn June 27, 2025, the Sensex closed at 84,058.90 and the Nifty at 25,637.80, both registering healthy gains on the back of blue-chip stock strength, easing geopolitical risks, and strong institutional flows. Sectoral gains were led by oil & gas and PSU banks, while mid and small caps extended their positive run. With key resistances nearing, investors should closely track the 25,800 mark on Nifty and focus on select opportunities in banking, energy, and midcaps, while staying vigilant about global macro developments.
Disclaimer: Investing in securities is subject to market risks. Please consult a SEBI-registered financial advisor before making any investment decisions.