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Below the Quote on Market 16 June 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital 

“India’s markets staged a confident rebound on Monday, riding on global cheer, lower volatility, and a dash of hope from diplomacy.

 After a cautious open, benchmark indices charged ahead — the Sensex climbed 677 points to close at 81,796, while the Nifty 50 crossed the 24,900 mark, snapping a two-day losing streak. Gains were led by IT, financials, and cement majors.

 What fuelled the rally?

*  Positive cues from Asian markets

*  Dip in India VIX, down 1.84%

*   Renewed optimism around a potential India-US trade deal

*   Hopes of dovish tones from the US Fed and status quo from the Bank of Japan

*   Steady DII inflows — nearly Rs.89,000 crore over 19 sessions

Tech Mahindra and UltraTech Cement were among the day’s top performers, rising 2% each. HDFC Bank rose nearly 1% after Jefferies flagged strong credit growth. Smallcaps and midcaps logged modest gains, while Tata Motors dragged, falling 3.6% on muted margin guidance for JLR.

The Bottomline:

Markets are showing resilience in the face of geopolitical heat — thanks to easing inflation, fiscal discipline, and steady institutional support. With the Fed and BoJ meetings ahead, plus the trade deal buzz, expect volatility — but also pockets of opportunity”

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