Winning Bizness Desk
Mumbai. The Indian stock markets surged to their highest levels in over eight months on Wednesday, June 25, 2025, following the ceasefire between Israel and Iran. The BSE Sensex soared 712 points to close at 82,755.51, while the NSE Nifty gained 0.80%, ending the day at 25,244.75. This upward momentum extended the rally from earlier in the week and reaffirmed investor optimism amid easing global geopolitical tensions.
Broad-based buying lifts benchmark indices
Out of the 30 stocks on the Sensex, 27 ended in the green. Prominent gainers included Titan, Mahindra & Mahindra, Infosys, Power Grid, TCS, Bharti Airtel, Tech Mahindra, UltraTech Cement, and HCL Technologies. Bajaj Finance, Maruti Suzuki, Reliance Industries, and Trent also witnessed robust buying. Only three stocks from the index declined marginally by the session’s close, reflecting strong overall market sentiment.
Sectoral indices show robust performance
Among sector-specific indices on the NSE, Nifty Media led the gains with a jump of 1.99%, followed by IT and Consumer Durables sectors. The tech-heavy Nifty IT gained traction due to positive outlooks in global technology spending and rupee movement. Consumer Durables also benefited from expectations of improved demand in the upcoming festive quarters.
Mixed cues from Asia; Brent Crude stabilises
Asian equity markets offered mixed signals. South Korea’s Kospi, Shanghai Composite, and Hong Kong’s Hang Seng registered gains, while Japan’s Nikkei 225 dipped slightly. Meanwhile, Brent Crude prices fell to \$67 per barrel, returning to levels seen before the June 13 onset of the Israel-Iran conflict. This drop indicates reduced risk premiums on global oil following diplomatic de-escalation in the Middle East.
FIIs sell, DIIs absorb pressure
Interestingly, Foreign Institutional Investors (FIIs) who had increased exposure to Indian equities during the conflict turned net sellers post-ceasefire. On June 24, FIIs offloaded stocks worth ₹5,266.01 crore. However, Domestic Institutional Investors (DIIs) stepped in, purchasing equities worth ₹5,209.60 crore, preventing any selloff-driven downturn. Analysts believe this shift in FII strategy could be tactical, considering profit booking after recent highs.
Summary Pointers:
- Sensex surged over 700 points to close at 82,755.51.
- Nifty ended higher at 25,244.75, up 0.80%.
- 27 of 30 Sensex stocks closed in green; Titan, Infosys, Reliance among top gainers.
- Nifty Media index led sectoral gains with 1.99% jump.
- Brent Crude prices dropped back to \$67 per barrel.
- FIIs turned net sellers after the Israel-Iran ceasefire.
- DIIs cushioned the market by purchasing equities worth ₹5,209 crore.