Morning Brief: Nifty Rises 0.83% to 24,021; Bank Nifty Jumps 1.69% as DIIs Buy ₹3,637 Cr | 25 Jun 2026, 08:15 AM IST
By Sivam
Indian equities closed strong, with Nifty 50 gaining over 0.8% to 24,021, driven by domestic institutional buying and easing crude oil prices. Global cues remain mixed.
Indian equity benchmarks closed Wednesday’s session on a strong note, buoyed by softening crude oil prices and optimism surrounding advancing US-India trade deal talks. The Nifty 50 climbed nearly 0.83%, while the Bank Nifty surged over 1.69%, with buying seen across Realty, IT, and Banking sectors.
Market Snapshot
| Index | Last |
|---|---|
| Nifty 50 | 24,021.65 (+0.83%) |
| Nifty Bank | 58,150.35 (+1.69%) |
| Nifty Midcap 100 | 62,135.25 (+0.10%) |
Institutional Flows
Domestic Institutional Investors (DIIs) were significant net buyers, injecting ₹3,637.26 crore into the market on Wednesday, providing crucial support. Foreign Institutional Investors (FIIs), however, turned net sellers, offloading ₹1,843.40 crore.
| Date | FII Net (Cr) | DII Net (Cr) |
|---|---|---|
| 2026-06-24 | -1,843.40 | 3,637.26 |
| 2026-06-23 | 17.86 | 680.21 |
| 2026-06-22 | -635.91 | 1,035.72 |
| 2026-06-19 | 4,859.07 | -1,159.64 |
| 2026-06-18 | -1,025.20 | 3,516.81 |
SEBI data indicates FIIs were net buyers in both equity and debt on June 24:
| Date | FII Equity Net (Cr) | FII Debt Net (Cr) |
|---|---|---|
| 2026-06-24 | 290.96 | 593.74 |
| 2026-06-23 | 332.34 | 1,300.85 |
| 2026-06-22 | 5,526.92 | 7,339.84 |
Sector Performance
Realty and IT sectors led the gains, while Auto faced some pressure.
| Sector | Last |
|---|---|
| Nifty Realty | 823.55 (+2.17%) |
| Nifty IT | 27,566.70 (+2.05%) |
| Nifty Financial Services | 26,736.00 (+1.54%) |
| Nifty PSU Bank | 8,628.20 (+0.43%) |
| Nifty Pharma | 25,018.95 (+0.12%) |
| Nifty FMCG | 49,085.10 (+0.05%) |
| Nifty Auto | 26,384.35 (-0.42%) |
Top Movers
Your portfolio saw strong moves in airlines, diversified industrials, and IT names.
Gainers
| Symbol | Company | Last |
|---|---|---|
| INDIGO | Interglobe Aviation Ltd. | 5,207.20 (+4.95%) |
| ADANIENT | Adani Enterprises Ltd. | 3,069.70 (+3.60%) |
| TRENT | Trent Ltd. | 3,247.00 (+3.31%) |
| TECHM | Tech Mahindra Ltd. | 1,461.60 (+3.25%) |
| BAJFINANCE | Bajaj Finance Ltd. | 990.95 (+2.97%) |
Losers
| Symbol | Company | Last |
|---|---|---|
| BAJAJ-AUTO | Bajaj Auto Ltd. | 9,750.00 (-2.74%) |
| NTPC | NTPC Ltd. | 357.05 (-2.07%) |
| ONGC | Oil & Natural Gas Corporation Ltd. | 240.00 (-1.78%) |
| TATASTEEL | Tata Steel Ltd. | 190.16 (-1.76%) |
| BEL | Bharat Electronics Ltd. | 413.55 (-1.54%) |
Global Cues
Asian markets presented a mixed picture on Wednesday, while US markets closed lower on Tuesday due to a sell-off in semiconductor and AI-related stocks. South Korea’s Kospi index, however, rebounded sharply following news of a massive share buyback program by Samsung Electronics. Investors are now keenly awaiting Thursday’s US PCE Price Index data for fresh direction. Geopolitical frictions, including trade restrictions between China and Japan, and soft domestic data from mainland China, continued to weigh on regional sentiment. Japan’s Nikkei also experienced a selloff after hawkish remarks from Bank of Japan policymakers.
Commodities
Crude oil prices softened on Wednesday, a positive development for import-dependent economies like India, as several stranded ships successfully passed through the Strait of Hormuz, easing supply concerns.
Currency & Macro
The Indian rupee strengthened against the US dollar, closing at 94.55, gaining 21 paise from its previous close. Bond yields also traded lower, with the new 10-year Government Stock yielding 6.80%, down 4 basis points.
On the macro front, India and the US held high-level trade talks to advance an interim deal, with a target to conclude a pact before July 24, 2026. Separately, the RBI Bulletin warned that an adverse monsoon and persistent geopolitical tensions could weigh on India’s growth and inflation outlook. S&P Global Ratings has lowered India’s GDP growth projection to 6.6% for FY27, citing energy stress and expectations of a sub-par monsoon. India has also initiated an anti-dumping probe into electrical steel imports from China, Japan, South Korea, and Russia.
May saw wholesale price index (WPI) inflation hit 9.68%, while retail inflation surged to 3.93%, both primarily driven by higher food and fuel prices.
IPO Watch
Several IPOs are currently open for subscription, offering opportunities for primary market investors:
- Crazy Snacks Ltd.: Open June 25-30, price band ₹39-42.
- CSM Technologies Ltd.: Open June 24-29, price band ₹107-113.
- Sri Priyanka Geo Commex Ltd.: Open June 24-29, price band ₹207-212.
- Shreedhar Spinners Ltd: Open June 23-25, price band ₹51-53.
- Waterways Leisure Tourism Ltd.: Open June 23-25, price band ₹769-808.
- Jivial Industries Ltd.: Open June 23-25, issue price ₹196.
- Advit Jewels Ltd.: Open June 23-25, price band ₹130-138.
- Riyaasat Lifestyle Ltd.: Open June 18-25, price band ₹100-106.
Upcoming IPOs include Knack Packaging, Sampark India Logistics, and Atharva Poly-Plast, all opening on June 30.
Corporate News
- Infosys entered a strategic collaboration with Sentara, focusing on building trust in AI and delivering measurable value across clinical, operational, and digital domains.
- HCL Technologies partnered with Neste to drive IT service consolidation, boost efficiency, and build agile, scalable technology capabilities.
- Accord Transformer secured a purchase order worth ₹47 lakh for the supply of 150 kVA and 500 kVA Aux Transformers for Solar Project/BESS Projects.
Mutual Fund News
ICICI Prudential Mutual Fund filed offer documents for a BSE Insurance ETF and a Contra Fund. Mirae Asset Mutual Fund also filed for a Nifty200 Momentum 30 Plus 8-13 yr G-Sec 7525 Index Fund.
The market’s resilience, despite FII selling, highlights the growing strength of domestic institutional support, a key factor for your portfolio’s stability.