Market Commentary
Global markets
US market closed positive on Thursday after the U.S. and Iran signed their interim pact to wind down the war. Dow Jones closed up by 0.1 pct. While Nasdaq closed higher by 1.9 pct.
Asian markets
Asian markets trading mixed in the early morning trade. Hang Seng trading down by 1.1 pct. While Nikkei trading green by 2 pct.
| Global Indices | % Change | ||
| Last Close | 1 day | YTD | |
| Dow Jones | 51,570 | 0.1 | 7.3 |
| Nasdaq | 26,517 | 1.9 | 14.1 |
| Hang Seng | 23,662 | -1.1 | -7.7 |
| Nikkei | 72,648 | 2.0 | 44.1 |
Commodities
Gold prices fell and currently stood at USD 4,187 after uptick in Oil prices. On the other hand, oil prices stood at USD 79.39/bbl.
| Commodities % Change | ||
| Last Close | 1 day | |
| Gold ($) | 4,187 | -0.7 |
| Silver ($) | 65.59 | -0.2 |
| Brent Crude ($) | 79.39 | -1.3 |
Indian Indices
India’s equity benchmarks likely to open flat as GIFT Nifty indicates. Benchmark indices closed negative on Friday led by IT stocks following a weak earnings outlook from Accenture.
| Indian Market | % Change | ||
| Last Close | 1 day | YTD | |
| Sensex | 76,802 | -0.8 | -9.9 |
| Nifty | 24,013 | -0.6 | -8.1 |
| Nifty Bank | 57,685 | -0.5 | -3.2 |
| Nifty Midcap 100 | 62,517 | 0.2 | 3.4 |
| Nifty Smallcap 100 | 18,784 | 0.4 | 6.0 |
| Moving Averages | ||
| Nifty 50 | Nifty Bank | |
| 50 DMA | 23,803 | 55,080 |
| 100 DMA | 24,231 | 56,471 |
| 200 DMA | 24,904 | 57,012 |
| Institutional Activity | Rs crore | |
| Cash | YTD | |
| FII | -1159 | -347,384 |
| DII | 4859 | 458,195 |
Stocks to watch
| Positive Read through | Negative Read through |
| GRSE – Finance Ministry approves Navratna status for the company. | Vikram Solar – NCLT admits petition filed by Isitva Steels for IBC proceedings against the company. |
| PTC Industries – Board to meet on June 27, 2026, to consider fund raising. | Aurobindo Pharma – US FDA issues 5 observations for Eugia Steriles’ unit in Andhra Pradesh. |
| Amber – Collaborate with Oppo to diversify sales profile; trial production expected in Q4 FY27. | Aavas Financiers – NHB scrutiny underway on loan classification lapses, as per reports |
| Voltas/EPack Durable – Voltas crosses the 1 mn AC sales milestone in FY26-27. | Som Distilleries – Application for excise licence for the Bhopal unit has been rejected. |
| Bharat Forge – Bags a Rs. 4.25 bn order for gas turbine generators for the Indian Navy. | Patanjali – Prohibition order issued on the sale of a batch of sorghum flour in Kannur district. |
| Tata Motors CV – Bags orders for more than 3,400 electric commercial vehicles. | |
| UNO Minda – Receives Press Note 3 approval for investment by Inovance Automotive, Hong Kong. | |
| Astral/Supreme Ind – Anti-dumping duty on PET resin imports from China extended by 5 years. | |
| Dalmia Bharat – Commences commercial production at the 2.5 MTPA Chunar plant. | |
| Kirloskar Oil Engines – HyperNext selects the company for large-scale data centre infrastructure. | |
| Deep Industries – Receives LoA from ONGC for a contract worth Rs. 840 mn. | |
| Knowledge Marine – Bags a Rs. 660 mn IWAI contract for 10 hybrid electric passenger ferries. | |
| NOCIL – Anti-dumping duty on sulphenamides accelerator imports from China, the US and EU imposed for 5 years. | |
| Sun Pharma – Acquires a Mumbai-based distributor for Rs. 2.71 bn. | |
| Goodluck India – Bags a Rs. 2.55 bn order for supply of 155 mm long-range empty shells. | |
| Power Mech Projects – Bags a Rs. 10.1 bn order from JSW Thermal Energy. | |
| John Cockerill – Bags an order worth Rs. 850-900 mn from JSW JFE Electrical. |
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