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Stock Market LIVE: GIFT Nifty flat; Asia mixed; China holds lending rates
Sensex Today | Stock Market LIVE on Friday, June 20, 2025: At 6:50 AM, GIFT Nifty futures were trading 3 points lower at 24,800, indicating a flat start for the bourses.
7:11 AM
Stock Market LIVE Updates: Siemens Energy: The power play that doesn't overload on valuations
Stock Market LIVE Updates: Siemens Energy India listed on Thursday at ₹2,840 and closed at ₹2,735. The equity base of the demerged entity is 356 million shares. This arm of Siemens Group will provide integrated products, solutions, and services across the value chain of oil and gas, power generation, and transmission. It may be described as an energy transition and decarbonisation play.
It has 10 state-of-the-art facilities in India and exclusive business rights across South Asia from the group. The estimated transmission and distribution (T&D) capital expenditure (capex) in India alone is projected to be about ₹9.2 trillion until 2031-32 (FY32). Apart from parentage, Siemens Energy has technology leadership, a strong product portfolio, infrastructure, and leadership in several verticals. It could find opportunities across the entire value chain. READ MORE
7:10 AM
Stock Market LIVE Updates: Corporate bond funds: Assess portfolio quality, expense ratio before entry
Stock Market LIVE Updates: Corporate bond funds (CBFs) attracted ₹11,983 crore in net inflows in May, the highest among debt fund categories, according to data from the Association of Mutual Funds in India (Amfi). These funds invest in corporate bonds rated AAA and AA+, and hence carry low credit risk.
'The surge in investor interest in CBFs, leading to high inflows in May, is probably driven by relatively attractive yields compared to government securities, making high-rated bonds appealing. Ample system liquidity from the Reserve Bank of India (RBI) operations has also encouraged investment,' says Devang Shah, head – fixed income, Axis Mutual Fund. READ MORE
7:07 AM
Stock Market LIVE Updates: Trump to decide on US action in Israel-Iran conflict within two weeks
Stock Market LIVE Updates: President Donald Trump will decide within the next two weeks whether to strike Iran, the White House said Thursday, saying Trump still sees a 'substantial' chance that negotiations can achieve US and Israeli demands on Iran's nuclear programme.
Trump's announcement, relayed by press secretary Karoline Leavitt, puts an extended timeline on the president's warnings to Iran to immediately shut down its enrichment operations and any other potential for producing nuclear weapons.
'Based on the fact that there's a substantial chance of negotiations that may or may not take place with Iran in the near future. I will make my decision whether or not to go within the next two weeks,' Leavitt quoted Trump as saying. READ MORE
7:07 AM
Stock Market LIVE Updates: Kremlin warns US against Iran strike, cautions of major escalation
Stock Market LIVE Updates: Washington would be making a serious mistake by launching an attack on Iran, Kremlin spokesperson Dmitry Peskov said, warning that direct US involvement in the ongoing Israel-Iran conflict would further destabilise the region, as reported by RT.
Tensions have escalated since last week after Israel launched a large-scale bombing campaign against Iran, alleging that Tehran was on the verge of producing a nuclear bomb. Iran denied the allegations and responded with multiple drone and missile strikes. The exchange of hostilities between the two nations has continued, stoking fears of a wider regional war.
Commenting on the possible US strike, Peskov said, "Moscow believes it is a wrong move. This is a step that is bound to lead to further escalation, a major escalation, and would only complicate the situation in the region," RT reported.
7:06 AM
Stock Market LIVE Updates: RBI relief for project finance, only 1% provision in construction phase
Stock Market LIVE Updates: In a huge relief to lenders, including commercial banks, the Reserve Bank of India (RBI) has mandated general provision of only 1 per cent of funded outstanding during the construction phase for all projects except for commercial real estate (CRE), as compared to 5 per cent proposed in the draft norms released in May last year.
The final norms on project finance, released on Thursday, would come into effect from October 1, 2025, the RBI said.
For CRE, the general provision requirement would be 1.25 per cent in construction phase while it would be 1 per cent for CRE-Residential Housing (RH).
7:01 AM
Stock Market LIVE Updates: F&O: Here's a 'Bear Spread' for Nifty MidCap as it drops below 5, 20-DEMA
Stock Market LIVE Updates: BEAR SPREAD Strategy on MIDCAP NIFTY
Buy MIDCAP NIFTY (June 26 expiry) 12,700 PUT at ₹143 & simultaneously sell 12,600 PUT at ₹100
Lot Size:120
Cost of the strategy: ₹43 (₹ 5,160 per strategy)
Maximum profit: ₹6,840 if the MIDCAP NIFTY closes at or below 12,600 on June 26 expiry
Breakeven Point: ₹12,657 More Details Here
7:00 AM
Stock Market LIVE Updates: China expectedly keeps key lending rates steady after May cut
Stock Market LIVE Updates: China expectedly kept its benchmark lending rates unchanged Friday, following the sweeping monetary easing measures rolled out last month to boost growth.
The People's Bank of China held the 1-year loan prime rate at 3 per cent and 5-year LPR at 3.5 per cent, according to a statement Friday, in line with Reuters poll estimates.
Last month, Chinese authorities cut the lending rates for the first time since October by 10 basis points (bps), in their bid to cushion the impact from trade tensions with Washington.
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News18
41 minutes ago
- News18
Why Is Indian Stock Market Rising? Sensex Surges Over 800 Points, Nifty Reclaims 25,000
Last Updated: Sensex and Nifty 50 posted strong intraday gains on Friday, June 20, defying escalating tensions between Israel and Iran Why Is Market Rising Today? Indian stock market benchmarks Sensex and Nifty 50 posted strong intraday gains on Friday, June 20, defying escalating tensions between Israel and Iran. The Sensex opened slightly lower at 81,354.85 compared to its previous close of 81,361.87 but surged over 800 points, or 1%, to touch an intraday high of 82,186.37. Similarly, the Nifty 50 began at 24,787.65 and climbed 1% to hit an intraday peak of 25,040.45 from its previous close of 24,793.25. Among the top gainers on the Sensex were Bajaj Finserv, Mahindra & Mahindra, UltraTech Cement, SBI, Eternal, Maruti Suzuki, and Axis Bank, all rising up to 1.5%. However, IndusInd Bank, Bajaj Finance, Tech Mahindra, and Titan opened in negative territory. In contrast, Asian markets opened on a subdued note following reports of Israel bombing Iranian nuclear facilities, which prompted retaliatory missile and drone attacks from Iran. Meanwhile, the White House stated that President Donald Trump would decide within two weeks whether the US would provide military support to Israel. Investor sentiment remained upbeat in Indian markets, reflected in the rise in overall market capitalisation of BSE-listed companies, which grew by nearly Rs 3 lakh crore to reach Rs 446 lakh crore, up from Rs 443 lakh crore in the previous session. Following three sessions of subdued trade, Indian equities are bouncing back as investors take advantage of attractive stock valuations. Experts believe the underlying economic fundamentals remain strong, prompting renewed buying interest and short covering in key sectors. A sharp decline in crude oil prices has provided a tailwind to the market. Brent crude slipped over 2% to near $77 per barrel, easing inflationary and fiscal concerns. Despite escalating Middle East tensions, the fall is attributed to profit booking and uncertainty surrounding potential US intervention in the Israel-Iran conflict. White House Press Secretary Karoline Leavitt confirmed that President Donald Trump is expected to make a decision on US involvement within two weeks, keeping geopolitical anxiety high but market reaction measured for now. Analysts say oil remaining below $80 per barrel is a positive sign for Indian equities. FPIs Resume Buying Foreign portfolio investors (FPIs) have been buying Indian equities for the last three consecutive sessions amid a decline in the dollar index. On June 19, FPIs bought Indian equities worth ₹934.62 crore in the cash segment. As the Indian economy's macro outlook remains strong, experts believe foreign investors could be eying fairly valued segments of the stock market after the recent fall. What Should Investors Do? 'Nifty, which has been trading within the 24500-25000 range for about a month now, is likely to remain within this range in the near term. The upper side of the range will be broken only on news of de-escalation of the Israel-Iran conflict or an abrupt end to the war. The lower side of the range is unlikely to break since big buying, particularly by domestic institutions, will emerge on dips. If the war lingers and crude rises beyond $85, the lower band of the range will be broken," said Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments.
Mint
44 minutes ago
- Mint
Middle East worries, portfolio inflow hopes feed rupee bears and bulls alike
MUMBAI, June 20 (Reuters) - Lingering concerns over a potential escalation in the Iran-Israel conflict, coupled with expectations of portfolio inflows are fuelling mixed views on the rupee's trajectory for the coming week, traders said. A spike in oil prices from a potential escalation in the conflict could weigh on the rupee, but an upcoming large IPO expected to draw foreign inflows may help recoup recent losses, they added. The rupee has declined little over 1% this month so far, with a large stock of its decline occurring after Israel attacked targets in Iran last Friday. The attacks also raised concerns about disruption of global oil prices, sending Brent crude oil futures to a five-month peak of $79 per barrel hit on Thursday. The currency hit a three-month low on Thursday but eased 0.1% to 86.63 as of 11:05 a.m. on Friday, comforted by a dip in oil prices after the White House said President Donald Trump will decide in the next two weeks whether the U.S. will become involved in the Israel-Iran air war. Meanwhile, expectations that Indian lender HDB Financial's $1.5 billion IPO is likely to draw sizeable inflows could are seen as a positive for the rupee, a trader at a private bank said. The trader pointed out that he would prefer to keep tight stop-losses on speculative positions since the risk of two-way moves next week could be elevated. On the technical front, the dollar-rupee pair is "nearing overbought territory, with a possible dip toward 86.35–85.95 before resuming an uptrend toward 87.80–88.00," said FX advisory firm Mecklai Financial said in a Friday note. On the day, most Asian currencies ticked up as well with the Korean won leading gains. The dollar index eased below the 99 handle while India's benchmark equity indexes, the BSE Sensex and Nifty 50 rose about 0.9% each. (Reporting by Jaspreet Kalra; Editing by Nivedita Bhattacharjee)
Business Standard
an hour ago
- Business Standard
Nifty climbs above 25,000 level; realty shares advance
The key domestic indices traded with significant gains in morning trade, showing resilience in the face of escalating tensions between Israel and Iran. Market sentiment, however, remains sensitive to global cues, including crude oil prices and other international developments. The Nifty traded above the 25,000 level and Sensex crossed 82,150 mark. Realty shares jumped after declining in the past three trading sessions. At 10:30 IST, the barometer index, the S&P BSE Sensex advanced 816.02 points or 1% to 82,176.13. The Nifty 50 index jumped 232.45 points or 94% to 25,015. In the broader market, the S&P BSE Mid-Cap index fell 0.65% and the S&P BSE Small-Cap index shed 0.54%. The market breadth was strong. On the BSE, 2,271 shares rose and 1,203 shares fell. A total of 183 shares were unchanged. IPO Listing: Shares of Oswal Pumps were currently trading at Rs 641.20 at 10:14 IST on the BSE, representing a premium of 4.43% compared with the issue price of Rs 614. The scrip was listed at 632, exhibiting a premium of 2.93% to the issue price. So far, the stock has hit a high of 646.25 and a low of 625.20. On the BSE, over 6.96 lakh shares of the company were traded in the counter so far. Buzzing Index: The Nifty Realty index advanced 1.26% to 1,005.30. The index declined 2.7% in the past three trading sessions. Macrotech Developers (up 1.8%), Godrej Properties (up 1.54%), Brigade Enterprises (up 1.47%), Phoenix Mills (up 1.06%), Prestige Estates Projects (up 1.01%), Anant Raj (up 0.66%), Oberoi Realty (up 0.62%), Sobha (up 0.37%) and DLF (up 0.19%) advanced. Stocks in Spotlight: TD Power Systems rose 1.10% after the company secured an order worth Rs 67 crore from a leading multinational corporation for the supply of components for traction motors meant for export. ITD Cementation India declined 1.68%. The company announced that it has secured two major contracts cumulatively valued at approximately Rs 960 crore, excluding GST. Natco Pharma shed 0.68%. Natco Pharma announced that its pharmaceutical manufacturing facility in Kothur, Hyderabad, has received seven observations from the United States Food and Drug Administration (USFDA) following a recent inspection.
