Market Closing updates 11th June 2025: Nifty around 25,150, Sensex up 124 Points

Markets ended in the positive, with benchmark indices edging up in a volatile trading session. The gains came on the back of encouraging hints from Asian markets and indications of movement in US-China trade talks that took place in London.

Market Performance 

At the end of trade, Sensex posted a rise of 123.42 points, or 0.15 percent, closing at 82,515.14. Meanwhile, the Nifty 50 grew by 37.15 points, or 0.15 percent, to close at 25,141.40. 

Sectorally, IT and Oil & Gas sectors were in the limelight, moving in the range of 1.26-1.47 percent, whereas FMCG, Power, and PSU Bank sectors ran into headwinds and fell by 0.6-1 percent. Nifty IT, specifically, was the top performer, gaining 1.26 percent, compared to Nifty PSU Bank being the loser at 0.88 percent decline. Top gainers on the Nifty were HCL Technologies, Infosys, Wipro, Tech Mahindra, and ONGC, while Shriram Finance, Power Grid Corp, Adani Enterprises, Adani Ports, and Bharat Electronics were the losers. The Indian Rupee closed strong at ₹85.51 per dollar, against ₹85.62 on Tuesday.

Corporate  and Sector Developments

HCL Technologies widened its deal with Standard Insurance Company to provide AI-based infrastructure and application services with the goal of increasing efficiency and improving customer experience.

Muthoot Finance set a milestone as the first Kerala-based listed firm to cross a ₹1 lakh crore market capitalisation, with its stock price going all-time high at ₹2,545.90 on BSE.

Rekha Jhunjhunwala offloaded almost half of the Estate's shareholding in Nazara Technologies, cutting the holding to 3.6 percent via open market transactions on June 9-10, 2025.

Lighthouse Funds put in ₹300 crore for Knest Manufacturers, a construction technology company with expertise in aluminium formwork and hydraulic safety screens. The investment will strengthen R&D and manufacturing strength.

JioBlackRock Investment Advisers, a 50:50 joint venture between Jio Financial Services Ltd. and BlackRock Inc., has been approved by SEBI and BSE to start operations as an India Registered Investment Adviser, with Marc Pilgrem as MD & CEO.

Hindustan Zinc announced an interim dividend of ₹10 per equity share for FY 2025-26 of ₹4,225 crore.

Maharashtra state government gave the go-ahead to a major hike in excise tax on liquor, which will increase retail prices by 30-50 percent and affect volumes for liquor businesses, particularly those having a major presence in Maharashtra.

Groww Mutual Fund introduced the Groww Nifty India Internet ETF, India's first ETF that replicates the Nifty India Internet Index, providing diversified exposure to internet-first companies.

In the Nifty-500 universe, sales, EBITDA, and PAT  increased by 6%, 11%, and 9% year-on-year respectively in Q4FY25. Telecom, Metals, PSBs, and Healthcare were major positive contributors, whereas Automobiles, O&G, and Pvt. Banks were laggards.

Global Context and Forward Look

Global economic events continue to influence market mood. While US and Chinese officials were said to have agreed on a framework for a trade deal, the World Bank cut its forecast for world growth in 2025 to 2.3 percent, blaming the slow-down on higher tariffs and uncertainty. Foreign institutional investors (FIIs) and domestic institutional investors (DIIs) were net buyers on June 9, 2025, pumping about ₹5,500 crore into the market. Investors are watching out for upcoming global events like US inflation data and India's CPI release for further market guidance. The market is likely to remain in a consolidation mode with a positive bias overall.

The Indian stock market is trading with a positive bias. The Nifty 50 is trading around 25,202.55 , showing a positive change of about 0.39%. The Sensex is  trading at 82,705.76 points, up by 308.32 points or 0.38% reflecting steady gains in key sectors like auto by 0.47%, metals by 0.55%, and oil & gas by 2.03%. Market breadth is positive with midcap and smallcap indices also trading higher, while PSU banks face some pressure. 

Market sentiment is cautious amid ongoing global trade talks, with investors closely watching developments between the US and China.

Liquor stocks are reacting to a significant excise duty hike in Maharashtra, benefiting local manufacturers of Maharashtra-made liquor. Overall, the broader market, including midcap and smallcap indices, is trading higher, reflecting a consolidated but optimistic mood among investors.

Top 5 Gainers in the Market

Hero Motocorp

• Opening Price: ₹4375 
• Current Price: ₹4466
• Change: +1.99%

Hero MotoCorp has shown strong recent market performance, driven by positive investor sentiment following robust quarterly results, which included higher profits, increased revenue, and a healthy dividend declaration. Additionally, continued growth in vehicle dispatches and expansion of its premium retail network have boosted confidence in the stock.

Reliance

• Opening Price: ₹1445.80  
• Current Price: ₹  1463
• Change: +1.70%

Reliance’s shares are increasing due to a combination of softer oil prices boosting investor sentiment and positive developments in its defence manufacturing partnership, which strengthens its strategic growth outlook. The company's expanding consumer businesses and strong financial performance contribute to the bullish momentum.

 Coal India

• Opening Price: ₹400.10
• Current Price: ₹ 406.35
• Change: +1.70%

Coal India’s positive market sentiment is supported by recent revenue and profit growth, increased institutional and retail investor interest, and favorable analyst recommendations. Strategic partnerships and ongoing projects enhancing operational efficiency have contributed to the stock’s upward movement.

ONGC (ONGC)

• Opening Price: ₹ 244.50
• Current Price: ₹ 247.89
• Change: +1.31%

ONGC’s positive market momentum is driven by recent technical buy signals and steady financial performance, along with investor confidence in its dominant position in domestic oil and gas production.

Bajaj Auto 

• Opening Price: ₹8635.50 
• Current Price: ₹  8735.
• Change: +1.26%

Bajaj Auto’s positive investor interest is supported by its inclusion among top conviction stock picks and overall strength in the auto sector, reflecting confidence in its growth prospects and recent sales performance and broader market gains in the auto segment have contributed to the stock’s rise.

Top 5 Losers in the Market

Shriram Finance 

• Opening Price: ₹702.10 
• Current Price: ₹ 694.75
• Change: -0.81%

Shriram Finance is experiencing a decline today due to investor concerns after the company missed estimates on credit costs in its recent quarterly results, raising worries about margin pressure and rising finance costs amid a challenging macroeconomic environment and the stock faces technical weakness, trading below key moving averages, which adds to the bearish sentiment.

Power Grid

• Opening Price: ₹301.10
• Current Price: ₹ 298.95
• Change: -0.70% 

Power Grid is experiencing a decline to investor concerns over higher credit costs reported in recent financial results, which raises worries about margin pressures and increased finance expenses amid a challenging economic environment. 

Jio Finance 

• Opening Price: ₹ 303.50
• Current Price: ₹ 300.90
• Change: -0.63%

Jio Financial Services is experiencing a decline likely due to profit-taking by investors after recent strong gains and high trading volumes, reflecting short-term market fluctuations despite its solid overall performance.

Adani Ports 

• Opening Price: ₹ 1473.80 
• Current Price: ₹ 1467.80
• Change: -0.41%

Adani Ports is experiencing a decline  mainly due to the upcoming ex-dividend date, which often leads investors to adjust their positions ahead of the dividend payout. This profit-booking pressure is typical before the record date, despite the company’s strong fundamentals and recent positive price trends

 Titan 

• Opening Price: ₹ 3525
• Current Price: ₹ 3510
• Change: -0.40%

Titan is experiencing a decline due to recent technical sell signals indicated by multiple moving average crossovers, combined with a quarterly revenue drop that has raised caution among investors amid ongoing market volatility.

Initial leads from GIFT Nifty futures were mixed, with some reporting a 43-point rise to 25,204, indicating a good opening, while others reported a minor fall of around 18 points, reflecting a cautious mood before important data. The Indian stock market is likely to open flat to higher, with the Sensex and Nifty 50 moving in a tight range amidst mixed global signals and domestic profit booking.

As of  9:15 AM,  the Sensex opened higher at 82,473.02 before picking up 90 points to 82,563.25, while the Nifty opened 20 points higher than its previous close of 25,104.25 at 25,134.15.

US-China Trade Talks Improve Global Mood

The US-China trade talks in London moved into their second day, termed by US Commerce Secretary Howard Lutnick as "productive," with optimism for a breakthrough on relaxing tariffs and export controls. US Treasury Secretary Scott Bessent left the talks, but Lutnick and US Trade Representative Jamieson Greer continued talks, which may continue further. Both nations agreed on putting the Geneva trade accord reached last month into action, subject to final endorsement by their leaders. This has buoyed Asian markets, with China's CSI 300 Index and Hong Kong-traded stocks rising sharply.

Mixed US Market Futures Despite Recent Gains

US stock markets rose, with the S&P 500 increasing 0.55%, and Dow Jones 0.25%, amid renewed hope for trade talks and Tesla's strong gains.

However, US futures were lower or just above, even with Dow futures down 110 points and Nasdaq futures off 60 points, as investors remained cautious ahead of the release later in the day of May's US consumer inflation data. 

Asian Markets Rise on Trade Hopes

Asian markets traded higher as Japan's Nikkei rose by roughly 0.33%, South Korea's Kospi gained 0.56%, and Australia's ASX 200 increased by 0.36% in response to positive spillover from trade negotiations.

Chinese mainland shares rose, with the CSI 300 Index rising as much as 1.2%, its best day in almost a month.

India-US Trade Negotiations Advance

India and the US completed weeklong talks on an agreed Bilateral Trade Agreement (BTA) that includes market access, digital trade, and customs facilitation. The two sides hope to wrap up the first tranche of the multi-sector BTA by fall 2025, providing reassuring support to Indian markets.

Markets would continue to be guarded with limited upside, weighing optimism over trade talks against profit taking and the wait for crucial inflation data from the US. Sector rotation would likely go in favour of IT, pharma, and energy stocks, and banking and realty sectors could witness low-key activity.

Dollar Shows Modest Strength in Early Trading

The US Dollar is trading around 99.17, up about 0.07% from the previous session, showing slight strength amid cautious market sentiment and ongoing trade developments. The dollar is supported as a safe-haven amid mixed global data and uncertainty over US-China trade talks. Investors are also awaiting key US inflation data, which could influence Federal Reserve policy and the dollar’s direction. Meanwhile, the euro and yen have seen minor fluctuations amid geopolitical and central bank concerns.

Gold Prices Edge Higher Amid Market Caution

Gold futures are currently at approximately $3,360 an ounce, rising by around 0.49% from the last close, with prices moving between $3,335 and $3,360 as market sentiment remains cautious. In India, 24-carat gold is trading at approximately ₹97,650 for 10 grams, which is slightly lower than recent highs as the market remains weak under the backdrop of continued global trade negotiations and inflation fears.

Oil Prices Fall as Worries about Global Demand Persist

Brent crude is at $66.63 per barrel, down by 0.36%, and WTI crude is at $64.77 per barrel, down by 0.32%, on fears of poor demand from China and OPEC+ production cuts.

Stocks to Watch

Maruti Suzuki is rescheduling the production of its e-VITARA EV due to a shortage of rare earth magnets, highlighting ongoing supply chain issues in the EV sector.

Kaynes Technology’s subsidiary, Kaynes Semicon, has signed an asset purchase deal with Japan’s Fujitsu General Electronics to acquire power module production lines.

IndiGo plans to expand internationally with direct flights to Almaty, Tashkent, and Tbilisi, marking its entry into Central Asia.

Wipro has extended its partnership with Metro AG for another two years, reinforcing its long-term ties in the IT services space.

Reliance Infrastructure and Germany’s Diehl Defence have deepened their strategic partnership to supply precision-guided munitions to the Indian Armed Forces.

IIFL Finance will raise up to ₹600 crore via non-convertible debentures through private placement to strengthen its capital base, while a government entity explores similar fundraising.

Bank of Baroda has revised its MCLR, effective June 12, 2025, which could affect borrowing costs across loan products.

Max Financial Services has appointed Sumit Madan as MD and CEO of Axis Max Life Insurance, effective October 1, 2025.

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