Dalal Street is expected to start the day on a muted to positive note, as early cues point to an upbeat sentiment. GIFT Nifty edged up 0.13% to 25,293 in early trade, hinting at a steady opening for Indian equities. Market participants will be tracking movements in crude oil prices, fund flows from FIIs and DIIs, and volatility across major sectors. Attention will also be on whether the momentum in certain outperforming stocks can sustain, especially against the backdrop of ongoing geopolitical uncertainties and macroeconomic headwinds.
Indian markets ended higher on June 25, with both Sensex and Nifty closing in the green. The Sensex rose by 700.40 points, or 0.85%, to 82,755.51, while the Nifty gained 200.40 points, or 0.80%, to settle at 25,244.75.
Key global and domestic cues to know on June 26, 2025
Iran – Israel conflict
The ceasefire between Israel and Iran remains in place, though tension persist after reported breaches by both sides. US President Donald Trump claimed he mediated the truce, saying both countries approached him seeking peace. Despite the agreement, Iran allegedly launched a missile strike and Israel responded with an offensive near Tehran. Trump criticised both nations on live television and urged Israel to halt further attacks. The White House also clarified that recent US airstrikes damaged Iran’s nuclear facilities but may have only delayed its program by a few months.
Crude oil
Crude oil prices saw a mild uptick in early Thursday trading. Brent crude rose by 0.26% to $85.09 per barrel, while U.S. benchmark WTI crude inched up 0.13% to $81.76 per barrel.
Asian markets
Trading across Asia-Pacific markets began on a mixed note Thursday. Japan’s Nikkei 225 gained 0.4%, with the broader Topix index inching up 0.19%. In South Korea, both the Kospi and the small-cap Kosdaq hovered around the flatline. Meanwhile, Australia’s S&P/ASX 200 edged down by 0.2%,
US futures
US stock futures were trading flat on Thursday morning. Dow futures inched up by 34 points, or 0.08%, while S&P 500 and Nasdaq 100 futures hovered around the flatline.
US Market
US stocks closed with modest moves on Wednesday. The S&P 500 ended the day almost unchanged at 6,092.16, hovering just below its all-time high. The Nasdaq Composite edged up 0.31% to close at 19,973.55. In contrast, the Dow Jones Industrial Average slipped 106.59 points, or 0.25%, to settle at 42,982.43.
US Dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading down at 97.49 on Thursday morning. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee appreciated 0.12% to close at 86.08 to the dollar on June 25.
FII, DII data
Foreign institutional investors (FIIs) sold shares worth Rs 2,427 crore, according to provisional data from the NSE. In contrast, domestic institutional investors (DIIs) bought shares worth Rs 2,372 crore on June 25.
Gold rate today
Gold prices edged lower in early Thursday trade. As per Goodreturns, today, 10 grams of 24-carat gold rate today is Rs 98,940, while 22-carat gold costs Rs 90,690. For those preferring 18-carat gold, the price is Rs 74,200 for the same weight.
Best and worst performing business groups
Several business houses saw gains in the previous day trading session. Indiabulls Group led the pack with a jump of about 9.5%, followed by the Kirloskar firms at roughly 6.5%. ADA Enterprises added close to 4.8%, while Nagarjuna Group improved by around 4.5%.
A few names, however, slipped into the red. Patodia Group inched down about 1.2%, and both Future Group and Jaipuria Group lost roughly 2.7% each, making them the day’s underperformers.
Sectors that surged most in Wednesday’s trade
Select sectors saw buying interest in the previous day trading session. The gems and jewellery sector rose by 3.5%, topping the list, while the textiles sector followed with a gain of around 2.6%. Hospitality stocks were also in demand, climbing over 2%.
Sugar stocks, too, ended on a positive note with a rise of nearly 2%.