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RBI reports $26.9 billion valuation gains in gold and bonds for 2024-25

RBI reports $26.9 billion valuation gains in gold and bonds for 2024-25

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Lloyds Engineering, Mukta Arts & RattanIndia top stocks for June 30: Experts
Lloyds Engineering, Mukta Arts & RattanIndia top stocks for June 30: Experts

Hans India

timean hour ago

  • Hans India

Lloyds Engineering, Mukta Arts & RattanIndia top stocks for June 30: Experts

The Indian stock market ended Friday, June 27, on a strong note, extending its rally for the fourth straight session. The Sensex gained 303 points (0.36%) to close at 84,058.90, while the Nifty 50 rose 89 points (0.35%) to settle at 25,637.80. Broader markets also showed strength, with the BSE Midcap index up by 0.38% and the Smallcap index rising by 0.54%. Over the last four sessions, the Sensex has jumped by 2,162 points — nearly a 3% surge — with the Nifty 50 registering a similar uptrend. Sumeet Bagadia, Executive Director at Choice Broking, believes market sentiment has turned positive, especially with the Nifty closing above previous resistance levels. He suggests a stock-specific approach, focusing on technically strong counters. For Monday, June 30, 2025, Bagadia recommends the following three stocks, all priced under ₹100: 1. Lloyds Engineering Works Buy Price: ₹68.70 Target Price: ₹73.50 Stop Loss: ₹66.30 Rationale: Technically strong setup with potential for short-term breakout. 2. Mukta Arts Buy Price: ₹88.96 Target Price: ₹95.00 Stop Loss: ₹85.50 Rationale: Attractive risk-reward ratio with upward momentum. 3. RattanIndia Enterprises Buy Price: ₹63.23 Target Price: ₹68.00 Stop Loss: ₹61.00 Rationale: Consolidation near support levels makes it a good entry point. Disclaimer: Stock recommendations are based on the views of analysts and do not constitute financial advice. Investors are advised to consult with a SEBI-registered financial advisor before making investment decisions.

Breakout or Breakdown? June 30 could set Nifty's next big move, says Harshubh Shah
Breakout or Breakdown? June 30 could set Nifty's next big move, says Harshubh Shah

Time of India

timean hour ago

  • Time of India

Breakout or Breakdown? June 30 could set Nifty's next big move, says Harshubh Shah

The Indian equity markets wrapped up the week on a strong footing, with the Nifty50 registering a 2% gain for the week ended June 27, 2025. Bullish sentiment dominated four out of the last five trading sessions, backed by a sharp intraday rally, resilient support zones, and strategic time-based inflection points that aligned well with recent market moves. One of the key supporting signals for the bulls was the continued decline in India VIX , which slipped by 1.6% to close at 12.39 on Friday. A lower VIX indicates reduced volatility expectations and bolsters investor confidence—an encouraging sign heading into the final trading sessions of the first half of FY25. Review: Time + Levels = Tactical Precision In our previous update, we had highlighted June 25 (±1 trading day) as a high-alert reversal window — and the Nifty responded in textbook fashion. Live Events June 24: Nifty opened with a sharp 225-point gap-up and showed high intraday volatility. This move set the stage for a 300+ point rally across the next two sessions. Our resistance level of 25,322 proved precise — Nifty made a day high exactly at this level before a sharp pullback. On June 25, support at 25,145 held strong, triggering a rebound. On June 26, both 25,322 and 25,434 acted as important swing zones, highlighting the strength of price-time confluence. Time-based forecasting once again proved its merit. Intraday reversals aligned remarkably well with pre-identified time windows: June 23: 10:30 AM slot matched day low at 10:15 AM; day high came at 1:30 PM. June 24: 9:20 AM low and 1:45 PM high aligned with projected time slots. June 25: Price action remained range-bound near the 11:40 AM slot; 1:30 PM marked the day high. June 26: 10:15 AM saw a swing high, and momentum returned just before the 12:25 PM slot. June 27: The market picked up pace at 10:45 AM and peaked exactly at 12:40 PM — both matching the forecasted windows. Week after week, the convergence of time and levels continues to deliver high-probability swing and intraday setups for tactical traders. Time-Cycle Alert: June 30, 2025 June 30 will be a crucial decision day. Watch for a breakout or breakdown from the high/low of the day — this could determine the next major directional leg for Nifty. A clear trend emerging from this session could set the tone for early July. Intraday Time Slots: July 1–5, 2025 Traders can use the following key time windows to identify potential intraday trend shifts, reversals, or high-probability entry/exit points: Monday, June 30: 9:25 AM | 11:10 AM | 12:35 PM | 2:40 PM Tuesday, July 1: 9:15 AM | 10:20 AM | 11:20 AM Wednesday, July 2: 11:20 AM | 12:45 PM Thursday, July 3: 9:25 AM | 12:15 PM Friday, July 4: 12:20 PM | 1:35 PM | 2:30 PM These are critical times where intraday volatility, breakout attempts, or trend reversals are most likely to occur. Use lower timeframes for confirmation. Nifty Levels to Watch Supports: 25,566 | 25,434 | 25,320 | 25,120 | 24,978 | 24,856 Resistances: 25,600 | 25,910 | 26,234 A sustained move above 25,910 could open the gates for a test of 26,234, while a breach below the 25,120–25,320 zone may attract selling pressure and trigger a corrective move. Trading Outlook With time clusters and support-resistance levels tightly aligned, tactical traders should remain alert, especially on June 30, a key inflection day. Stick to disciplined setups, use time-level alignment, and let price action confirm your trades. Precision continues to be the edge in this market. (The author is Director, Wealthview Analytics Pvt Ltd)

Nifty breaks out of 31-day consolidation cage. Will stock market hit record high this week?
Nifty breaks out of 31-day consolidation cage. Will stock market hit record high this week?

Time of India

timean hour ago

  • Time of India

Nifty breaks out of 31-day consolidation cage. Will stock market hit record high this week?

After Nifty broke out of a 31-day long narrow consolidation phase on Thursday's monthly expiry, bulls are now betting that a fresh all-time high could come in the next few days given FII buying amid favourable global macro set-up, crude oil's 11% weekly crash, July's historically bullish seasonality, and Trump's trade deal hints. In just four trading sessions, the Sensex has rocketed 2,162 points in a non-stop rally, now sitting less than 2,000 points from its all-time record high. The Nifty has simultaneously climbed to its highest level since October 1, 2024, and needs only 640 points to look past the September peak of 26,277. FII Firepower Ignites Markets The catalyst for this dramatic breakout? Foreign institutional investors (FIIs) have returned with a vengeance. FIIs staged a spectacular comeback as net buyers Thursday, pumping in equity inflows exceeding ₹12,500 crore, the highest single-day buying spree in eight months. The surge came as US President Trump hinted at significant progress in negotiations with India for a long-awaited bilateral trade agreement. "Key catalysts like the ceasefire in the Middle East and optimism on easing trade tensions ahead of the deadline have cleared the clouds in the minds of investors," said Vinod Nair, Head of Research at Geojit Investments Limited. "After consecutive days of selling, FIIs have turned net buyers in the domestic market, contributing to improved market stability in the near term." The banking sector has already given a taste of what's to come, with the Nifty Bank index smashing through to a fresh record high of 57,475.40 on Friday. This sectoral leadership often precedes broader market breakouts, adding fuel to speculation that the main indices are next in line. Also Read | Rs 1 lakh crore selloff tsunami threatens Nifty rally as promoters, strategic investors exit June month's rollover data shows that FII long-short ratio in index futures climbed to 38.43%, marking one of the highest levels seen in the recent past. A rising long-short ratio indicates that FIIs are increasingly building long positions, a bullish sign that suggests they are anticipating further upside in the near term, SBI Securities said. July's Historical Magic Timing couldn't be more favorable. July has historically been a goldmine for Indian equities, and the seasonal patterns are pointing toward continued strength. "Historically, July has been a bullish month for both the Nifty 50 and Bank Nifty indices," revealed Anand James, Chief Market Strategist at Geojit Financial Services . "Over the past 15 years, Nifty 50 has delivered positive returns 73% of the time, with an average gain of 4%. This trend is often attributed to a post-June recovery and as early Q1 earnings optimism tends to fuel investor sentiment." The data gets even more compelling for the banking sector. "Bank Nifty has posted gains 66% of the time, with an average return of 4.5% in July," James added. "With July's typically bullish seasonality in play, if broader participation improves and investors avoid heavy profit booking, Nifty could join the rally and possibly move toward new highs." Oil Crash Provides Rocket Fuel The week's 11% plunge in crude oil prices has removed a major headwind for the Indian economy, easing inflation concerns and boosting corporate margin expectations. The dramatic fall in energy costs has investors betting on improved profitability across sectors. Adding to the positive momentum, the rupee has appreciated 1.3% for the week, its best weekly performance since January 2023. The currency strength, combined with benign oil prices, has created a favorable macro backdrop for continued market gains. Technical Stars Align From a technical perspective, the charts are screaming bullish signals. Religare Broking's Ajit Mishra said with Nifty ending its consolidation phase through a decisive breakout, Nifty is expected to gradually move toward the all-time high. 'However, the gap area around 25,800 could cause a temporary pause. In the event of a pullback, the 24,800–25,200 zone—which previously acted as resistance—is likely to offer strong support,' he said. June's Nifty rollover increased to 79.53%, slightly higher than May's 79.10% and also above the three-month average of 79.24%, indicating continued participation and positioning by traders on the long side heading into the new series. Multiple Macro Tailwinds Converge The fundamental backdrop continues to improve across multiple fronts. "Markets appear upbeat, backed by falling crude, a strong rupee, and stable global sentiment," observed Vikram Kasat, Head of Advisory at PL Capital. "Watch for macroeconomic cues—domestic inflation data, FII flow trends, and the impact of monsoon patterns—to guide the next move." Siddhartha Khemka, Head of Research at Motilal Oswal Financial Services , expects the momentum to sustain: "We expect the market to witness a steady uptrend, supported by improving institutional inflows, prospects of a US-India trade deal, and sectoral tailwinds from RBI's liquidity measures and an above-average monsoon forecast." Earnings Season Adds Fuel The approaching first-quarter earnings season is adding another layer of optimism. "As the first-quarter earnings season draws near, investors are turning their focus to corporate results for early indications of growth trends," said Vinod Nair. "There is also heightened anticipation around trade agreements that the United States is expected to finalize with major global partners in the coming week."

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