Dalal Street is likely to open on a positive note today, with early indicators showing positive momentum. The GIFT Nifty was up 0.34% at 25,160 in early trade. Investors will keep a close watch on crude oil price trends, institutional flows, and sharp moves across key sectors and business groups. Focus will also remain on whether the recent rally in select stocks can hold up amid continued geopolitical tensions and broader macroeconomic concerns.
The markets closed on a positive note in the previous session, with the Sensex climbing 158 points to settle at 82,055.11, while the Nifty added 72 points to finish at 25,044.35.
Key global and domestic cues to know on June 25, 2025
Iran – Israel conflict
Tehran reported explosions on Tuesday, shortly after U.S. President Donald Trump announced a ceasefire in the region. Iranian President Masoud Pezeshkian, through the Nournews agency, said Iran would continue to observe the ceasefire but would respond if Israel violates it. Meanwhile, Trump clarified that the U.S. does not seek regime change in Iran, adding that he wants to avoid “chaos” in the region.
Crude oil
Oil prices moved higher in early Wednesday trade, with Brent crude rising 1.24% to $65.18 per barrel and WTI crude up 1.25% at $67.98 per barrel. However last evening prices had fallen nearly 2%.
Asian markets
Asian markets opened in the green on Wednesday as investors reacted to reports of a possible ceasefire between Israel and Iran, along with fresh comments from the U.S. Federal Reserve. Japan’s Nikkei 225 inched up 0.12%, though the broader Topix index slipped 0.21%. South Korea’s Kospi rose 0.44%, while the Kosdaq remained flat. Hong Kong’s Hang Seng futures pointed to a positive start at 24,341, higher than its last close of 24,177.07. Meanwhile, Australia’s S&P/ASX 200 opened slightly higher with a 0.13% gain.
US futures
US stock futures were little changed on Wednesday after a strong rally in the previous session, as cooling geopolitical tensions and falling oil prices supported market sentiment. Dow futures slipped slightly, down 20 points or 0.05%, in early trading.
US Market
Wall Street saw a strong finish on Tuesday’s session, with all three major indexes extending their gains. The Dow Jones Industrial Average surged 507.24 points, or 1.19%, to close at 43,089.02, reflecting broad optimism across sectors. The S&P 500 added 1.11% to end at 6,092.18, now inching closer to its 52-week high, just 0.9% away. Tech stocks led the charge, pushing the Nasdaq Composite up by 1.43% to 19,912.53. The rally was even more pronounced in the Nasdaq 100, which climbed 1.53% to mark a fresh record close at 22,190.52.
US Dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading down at 97.290 on Wednesday 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 depreciated 0.91% to close at 85.97 to the dollar on June 24.
FII, DII data
According to provisional NSE data, foreign institutional investors (FIIs) sold shares worth Rs 5,266 crore, snapping a four-day buying streak. In contrast, domestic institutional investors (DIIs) stepped in as net buyers, purchasing shares worth Rs 5,210 crore on June 24
Gold rate today
Gold prices slipped in early trade today. As per Goodreturns, today, 10 grams of 24-carat gold rate today is Rs 99,210, while 22-carat gold costs Rs 90,2940. For those preferring 18-carat gold, the price is Rs 74,410 for the same weight.
Best and worst performing business groups
Several business groups saw notable movements in market value on Tuesday, with Pennar, Oswal, Essar, and Garware Groups ending the day with gains. The Pennar Group led the pack with a rise of 4.61%, followed by the Oswal Group at 4.01%. Essar and Garware also saw positive momentum, recording gains of 3.12% and 2.96%, respectively.
On the flip side, the session saw pressure on some well-known names. Jaipuria Group declined the most with a 4.25% drop, while Essel Group fell by 3.8%. The CK Birla Group lost 3.77%, and Muthoot Group dipped 1.72%.
Sectors that surged most in Tuesday’s trade
A few sectors saw renewed buying interest on Tuesday, led by agriculture and related industries. The agriculture, horticulture, and livestock sector registered a 2.89% jump in market cap, followed by transport with a 2.51% gain. Infrastructure also saw a positive move, rising 2.21%, while the paper sector closed with a 1.72% increase.