Quote on Market 27th June 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital

Below the Quote on Market 27th June 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital
“Indian equities completed a strong week, closing higher for the fourth straight session on Friday, June 27. The Nifty?50 rose by about 82?points (0.32%) to settle at 25,631, while the Sensex advanced roughly 300?points (0.36%), ending at 84,059. Key stocks like Reliance Industries, ICICI Bank, and Bharti Airtel led the charge, supported by renewed foreign institutional investor (FII) inflows and positive global cues.
Key Highlights
* Nifty Bank hit a record high, crossing 57,300 for the first time
* Crude oil prices fell over 11% this week, easing inflation concerns
* Rupee appreciated 1.3%—its best weekly gain since January 2023
* Nifty Midcap 100 and Smallcap 100 gained 2.44% and 4.35%, respectively, for the week
* 52 stocks hit 52-week lows, while 164 touched 52-week highs
IPO Spotlight
Last week saw the HDB Financial Services IPO, which drew strong investor appetite: as of the final day, it was subscribed 10.8x overall, with QIBs oversubscribing at 32.5x, NIIs at 9.2x, and retail interest at 1.2x . This marked one of the most significant listings in the NBFC sector this fiscal.
Outlook for Next Week
Markets appear upbeat, backed by falling crude, a strong rupee, and stable global sentiment. Watch for macroeconomic cues—domestic inflation data, FII flow trends, and the impact of monsoon patterns—to guide the next move.”
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