Friday, June 20th, 2025, witnessed a dramatic surge in India's stock markets, with both the Sensex and Nifty experiencing significant gains fueled by renewed buying from Foreign Institutional Investors (FIIs).
Sensex Surge: The 30-share BSE Sensex rocketed 1,046.30 points (1.29%), closing at a robust 82,408.17. Intraday highs reached 82,494.49, showcasing the market's powerful momentum.
Nifty's Triumphant Return: The 50-share NSE Nifty also saw a spectacular climb, jumping 319.15 points to reclaim the 25,000 mark, ending the day at 25,112.40.
Top Performers and Laggards:
Gainers: Bharti Airtel, Mahindra & Mahindra, Power Grid, Reliance, and Nestle India led the charge, with Bharti Airtel showing a remarkable gain of over 3.27%.
Laggard: Maruti Suzuki was the sole underperformer, experiencing a slight dip of 0.2%.
Expert Insight:
Vinod Nair, Head of Research at Geojit Investments Limited, attributed the surge to easing Middle East tensions and the expectation of US-Iran dialogue. He noted, "The moderation in Middle East tension, coupled with the anticipated rate cuts, decreased inflationary pressure, and a rebound in consumer spending, boosted investor sentiment. The rapid fall in the VIX index and increased buying in rate-sensitive and consumer-oriented sectors further contributed to the market's positive performance."
Global Market Trends:
Positive sentiment was echoed in some Asian markets. Japan's Nikkei 225 and Hong Kong's Hang Seng saw gains, while South Korea's Kospi also closed higher. However, not all Asian markets performed positively, with Japan's Nikkei 225 and Shanghai's SSE Composite experiencing declines.
Investor Activity:
FII Buying Spree: Foreign Institutional Investors (FIIs) injected significant capital into the market, purchasing equities worth Rs 934.62 crore on Thursday.