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Stock Market LIVE: GIFT Nifty hints at gap-up open; Asian market flat; Israel-Iran conflict in focus
Sensex Today | Stock Market LIVE on Wednesday, June 25, 2025: Around 6:35 AM, GIFT Nifty futures were trading 96 points higher at 25,168, indicating a near gap-up start for the bourses.
7:06 AM
Stock Market LIVE Updates: SIP closures reveal divergent trends among B30 direct, regular investors
Stock Market LIVE Updates: The systematic investment plan (SIP) data for the first five months of 2025 highlights distinct investor behaviour based on location and investment mode.
In smaller towns and rural areas, referred to as B-30 in mutual fund (MF) terminology, SIP closures in direct plans were 2.6 times higher than in regular plans, despite the latter having a larger account base. MFs offer two variants: direct plans, which are commission-free and accessed through online platforms, and regular plans, which include commissions and are sold by banks or distributors.
At the end of May, there were 19.5 million B-30 direct plan accounts, down 19 per cent compared to 24.1 million accounts at the end of December 2024. In the same period, regular plan B-30 accounts declined just 6 per cent to 30.3 million. READ MORE
7:02 AM
Stock Market LIVE Updates: Powell emphasizes Fed's obligation to prevent 'ongoing inflation problem'
Stock Market LIVE Updates: Federal Reserve Chair Jerome Powell on Tuesday emphasised the central bank's commitment to keeping inflation in check, saying he expects policymakers to stay on hold until they have a better handle on the impact tariffs will have on prices.
In remarks to be delivered to two congressional committees this week, Powell characterised economic growth as strong and the labor market to be around full employment.
However, he noted that inflation is still above the Fed's 2 per cent target, with the impact that President Donald Trump's tariffs will have still unclear.
'Policy changes continue to evolve, and their effects on the economy remain uncertain,' Powell said. 'The effects of tariffs will depend, among other things, on their ultimate level.'
Repeating what has become familiar language from the Fed chief, Powell said policymakers are 'well positioned to wait to learn more about the likely course of the economy before considering any adjustments to our policy stance.'
Source: CNBC
7:01 AM
Stock Market LIVE Updates: China doubles down on promoting yuan as confidence in U.S. dollar takes a beating
Stock Market LIVE Updates: China is devising more ways for foreign institutions to use the yuan, as international confidence in the US dollar falters.
The moves aim at challenging the greenback, experts said, even as the US dollar remains by far the world's predominant currency. The timing is favourable as the US dollar index has tumbled more than 9 per cent this year — while the offshore yuan has strengthened more than 2 per cent against the dollar.
In a sign of growing resolve in Beijing to lure the world away from the dollar, People's Bank of China Governor Pan Gongsheng in a speech last week at the high-profile Lujiazui Forum discussed 'how to weaken excessive reliance on a single sovereign currency.'
He also announced plans to set up a center for digital yuan internationalization in Shanghai and promote trading of yuan foreign exchange futures. Beijing has already rolled out a digital version of its currency to replace some cash and coins in circulation.
Source: CNBC
6:59 AM
Stock Market LIVE Updates: Asian markets flat
Stock Market LIVE Updates: Asian markets flat
-- Nikkei down 0.01 per cent
-- ASX200 up 0.01 per cent
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Economic Times
19 minutes ago
- Economic Times
Bitcoin trades above $106,000; Ethereum and Altcoins see mixed moves
Bitcoin price increased beyond $106,000. This surge happened because of reduced global tensions and strong investor interest. Ethereum also saw a rise. Market analysts suggest that Bitcoin might aim for $110,000 soon. Stablecoins are also becoming important in the crypto world. Tether is expanding its influence in the digital economy. Overall, the crypto market shows signs of growth and stability. Tired of too many ads? Remove Ads Crypto TrackerPowered By TOP COINS TOP COIN SETS Ethereum 2,09,972 ( 0.55 %) Buy Bitcoin 91,44,017 ( 0.5 %) Buy BNB 55,471 ( 0.4 %) Buy Solana 12,569.37 ( -0.09 %) Buy XRP 187.39 ( -0.71 %) Buy Tired of too many ads? Remove Ads Bitcoin climbed above the $106,000 mark on Wednesday, buoyed by easing geopolitical tensions, institutional interest, and sustained whale of 11:17 am IST, the world's largest cryptocurrency was up 1% at $106,345, while Ethereum rose 0.6% to $2,435. The overall crypto market gained 0.6%, reaching a market capitalisation of $3.27 trillion, according to major altcoins, BNB, Solana, Tron, and Chainlink posted gains of up to 1%. However, others like XRP, Cardano, Sui, Stellar, Avalanche, Toncoin, and Shiba Inu fell as much as 3%, indicating selective investor optimism across the broader Thakral, CEO of BuyUcoin, attributed Bitcoin's recent rally to improved geopolitical conditions. 'Bitcoin has seen a sharp rally following the announcement of a ceasefire between Iran and Israel, recovering from a recent dip amid heightened geopolitical tensions,' he said. 'The crypto is stabilising between $104,800 and $106,700.'He also noted the influence of U.S. Federal Reserve policy. 'The Fed chief has reiterated a commitment to tackle inflation and is not in a hurry to cut interest rates, which could affect liquidity in the short to mid-term,' Thakral Sehgal, Research Analyst at Delta Exchange, said Bitcoin is consolidating near $106,000 after breaking out of a mid-term descending structure. 'A move above $107,500 could push it toward $110,000–112,000. If $106,000 fails, key supports lie at $105,500 and $104,000,' she said, adding that current price action reflects a trend of higher highs and higher lows with whales accumulating and long-term holders staying Ethereum, Sehgal said, 'It has recovered from $2,160 and is now near $2,440. A breakout above $2,520 could target $2,650–2,800, while support lies at $2,320–2,360.' She also highlighted ETF inflows on 24/06, where $588.6 million worth of Bitcoin and $71.3 million in Ethereum were bought, suggesting continued institutional Patel, Co-founder and CEO of Mudrex, said Bitcoin is extending its upward momentum as bulls regain control. 'On-chain data shows a spike in Taker Buy volume, indicating strong conviction from aggressive buyers,' he said. 'Dovish Fed commentary on recession and rate cuts has also lifted sentiment.'Patel sees the $104,400 level as strong support, with a possible breakout above $108,000 if buying Maradiya, Founder and Chairman of CIFDAQ, said that while Bitcoin and Ethereum have bounced back, the more significant action is happening in stablecoins. 'Circle's market cap briefly surpassed Coinbase's, and Tether—fresh off $13.7 billion in profits—is building a U.S.-native stablecoin while complying with the GENIUS Act,' he said.'Tether now holds over 100,000 BTC and is positioning itself as a global mining force. This signals a maturing digital economy where infrastructure—not just prices—will define long-term value,' Maradiya added.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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Business Standard
27 minutes ago
- Business Standard
Broad-based buying lifts markets; smallcaps, IT, consumer durables outpace
Shares of information technology and consumer durables-related companies were outperforming the benchmarks as Indian equity indices BSE Sensex and NSE Nifty continued their northward trend for the second consecutive session on Wednesday, June 25. In the broader markets, it was small-cap shares that witnessed heavy buying interest, with the Nifty Smallcap100 index outpacing the benchmarks. Last checked, the BSE Sensex was trading at 82,637.31, higher by 582.20 points or 0.71 per cent. The index has traded in the range of 82,675.91–82,339.57 so far on Wednesday. Barring Bharat Electronics (down 1.5 per cent), Kotak Mahindra Bank (down 0.59 per cent), Axis Bank (0.27 per cent), and ICICI Bank (0.08 per cent), all other 26 constituent stocks of the Sensex were trading higher, led by Titan, Tech Mahindra, Infosys, Reliance Industries, and Power Grid Corporation, which were rallying in the range of 1.39–3.03 per cent during intra-day trade on Wednesday. Mirroring Sensex, the NSE Nifty50 was trading higher by 164.65 points or 0.66 per cent at 25,209. The 50-share index has fluctuated in the range of 25,220.50–25,125.05 today. For the Nifty50 index, a crucial hurdle, Hardik Matalia, derivative analyst at Choice Broking, said, is placed in the 25,200–25,300 range. Sustaining above this zone, he believes, could attract fresh buying interest and lead to further gains. "Given the current global backdrop and intraday volatility, traders are advised to remain cautious, avoid large overnight positions, and maintain strict stop-loss levels to manage risk effectively," said Matalia. On the lower side, the immediate support for the Nifty is placed at the 25,000 level, with stronger support seen around the 24,800 zone. "A breach below these levels may trigger cautious sentiment among traders." Smallcap shares outperform Among the broader markets, the Nifty Smallcap100 index outperformed other benchmarks, trading higher by 1.59 per cent. Top gainers were Multi Commodity Exchange of India (MCX), Welspun Living, and IndiaMART InterMESH, all rising over 6 per cent. At the same time, the Nifty Midcap100 index was trading higher by 0.41 per cent, led by Aditya Birla Fashion, Kalyan Jewellers, Vodafone Idea, and SJVN—all gaining over 3 per cent. IT, consumer durables rally Among sectoral indices on the NSE, Nifty Consumer Durables and IT indices outperformed others, trading higher by 1.49 per cent and 1.29 per cent, respectively. In consumer durables, Kalyan Jewellers (up 3.59 per cent) and Titan Company (3.29 per cent) were top gainers, while in IT, LTIMindtree (2.08 per cent) and Mphasis (1.82 per cent) led the gains. Barring the Nifty Private Bank index, which traded with a loss of merely 0.06 per cent, all the other sectoral indices on the NSE were ruling higher during intra-day trade on Wednesday. Market breadth remains positive Market breadth remained positive, with 2,053 out of 2,734 stocks trading higher, 601 trading lower, and 80 unchanged on the NSE. As many as 42 stocks were quoting at 52-week highs on the NSE, while 19 touched 52-week lows. The number of stocks hitting the upper circuit rose to 74, while 28 were hitting their lower circuit limits. The market cap of the total listed companies on the NSE stood at ₹5.20 trillion. Meanwhile, the India VIX, which gauges volatility in the markets, traded lower by 3.13 per cent at 13.22 points.
Mint
an hour ago
- Mint
30 Stocks vs 50: Does Size Matter in Index Investing?
Everyone says 'diversify', but your index might not actually be that well-diversified! When you invest in an index fund, the first two names that come to mind are Sensex and Nifty. Sensex, India's oldest stock market index, represents only the leading 30 companies listed on the Bombay Stock Exchange (BSE). In contrast, the Nifty 50 tracks the top-performing 50 companies traded on the National Stock Exchange (NSE). One index holds 30 stocks, the other 50 but does that make Nifty truly more diversified? And does this diversity translate into better growth, stability or returns? In this article, we will find out if the number of stocks really matters or it is just superficial information to lure investors. Evaluating Portfolio Diversity in Index-Based Investing At first glance, investing in 50 companies might seem like a smarter way to spread out your risk. But the difference isn't as significant as it appears. That's because Sensex and Nifty 50 have a lot in common – nearly 85%¹ of the stocks in these indices overlap. The additional 20 stocks in Nifty tend to be smaller in size and often don't move the needle much when it comes to overall index performance. So, even though Nifty includes more companies, the impact on your portfolio may not be drastically different. So, does a higher number of companies in an index guarantee better returns? Not necessarily. The data below should help clear up some of the confusion and offer better insight into how both indices have actually performed over time. An yearly analysis on the Nifty and Sunsex Returns As you'll notice, both indices have delivered nearly identical returns over time. There are periods when Nifty edges ahead, and others when Sensex takes the lead. But over the last five years, the difference in median returns between them is just 0.12%². Simply put, having more stocks in an index doesn't automatically translate to higher returns for your investments. Liquidity plays a key role for investors, especially when it comes to index funds or ETFs. It affects how easily a security can be bought or sold in the market. So, does Nifty 50 (with its 50 stocks) offer better liquidity than the 30-stock Sensex? Sensex is often seen as a blue-chip index because it includes some of India's most stable and well-established companies. But that also means the index is more concentrated, meaning just a few stocks can drive most of its movement, which can increase risk. That said, managing a Sensex-based ETF is often simpler. With fewer stocks to track, fund managers can replicate the index more accurately, leading to lower slippage and minimal tracking error. When comparing the Nifty 50 and Sensex on various parameters, several key differences emerge. The Nifty 50consists of 50 stocks and offers broader sectoral coverage, spanning 24 sectors. This wider base makes it a more diversified representation of the market. In contrast, Sensex comprises only 30 stocks and covers 13 sectors, offering a more concentrated exposure. In terms of volume and liquidity, Nifty 50 tends to have the upper hand, with higher average trading volumes, making it more liquid than Sensex. However, fund management of a Sensex-based product is typically simpler and more stable due to the lower number of constituents. While Nifty-based funds provide more options, they can also introduce greater complexity in replication and tracking.⁹ With just 30 companies, the Sensex may not always offer complete sectoral coverage. Sectors like FMCG or PSU banks, for instance, may be underrepresented. On the other hand, Nifty 50 includes a broader mix - it covers key sectors such as IT, banking, pharma, auto, telecom, and FMCG. This wider exposure can help cushion your portfolio if one sector underperforms, giving Nifty a slight edge over Sensex in terms of diversification. Nifty 50 includes 20 more companies than the Sensex, which sounds like a win for diversification. But does this really boost returns - or risk over-diversifying? While Nifty's broader base offers exposure across sectors and market caps, the smaller-weighted stocks in the index often have minimal impact on performance. For long-term investors seeking stable, steady growth, this depth is definitely a strength. However, if you're chasing quicker gains, too much diversification can dilute your returns. That's the trade-off. So before assuming 'more is better,' ask yourself: More of what? And does it align with your investment goals? Investors today are looking beyond Nifty like Nifty 100, Nifty 200, Nifty Midcap 150, and Nifty Next 50 offer even broader exposure, taking diversification to the next level. Passive investing now stretches well beyond just 30 or 50 stocks. But here's the real question: Instead of debating between Sensex (30) and Nifty (50), are you ready to explore indices with 100 or even 150 stocks? While this may seem like true diversification, there's a flip side too. When the broader market falls (economic crisis), these larger indices tend to fall harder too. Here are three strong case studies that show how India's key indices, the Nifty and Sensex perform during volatile phases: In March 2020, both Nifty and Sensex dropped by about 35%³ due to the pandemic. But the fall didn't last long. By November 2020, Sensex had bounced back, rising nearly 58%⁴ from its March low. This shows how even strong, blue-chip indices can be hit hard by global events. But it also highlights their ability to recover quickly when the market stabilises. During every military tension in history (e.g. Indo-Pak war, joint operations etc.), the average market corrections shown by Nifty have been around 7%. It has been reported⁵ that Nifty 50 typically reaches its lowest point within six days during a market crash but recovers in only about two days! In economic terms, such events are referred to as short-term corrections. Nifty 50 may offer a bit more diversification than Sensex, but when it comes to performance, the difference is small. Sensex is easier to track and stays focused, while both indices include many of the same top companies that drive your returns. So, instead of choosing between 30 or 50 stocks, focus on the fund itself, how well it tracks the index, what it costs, and how consistently it performs. The next time you ask, '30 or 50?', also ask: Is my fund doing its job well? The number of stocks matters, but what you do with that number matters more.
