Dalal Street looks set for a firm start today, with early indicators showing a positive mood. GIFT Nifty rose 0.42% to 25,719 in early trade, signalling a stable opening for Indian equities. Investors will keep a close watch on crude oil trends, FII-DII fund flows, and sector-specific volatility. Focus will also be on whether the recent momentum in select outperforming stocks holds up amid global uncertainties and economic concerns.
The bulls stayed firmly in control on June 26, as Indian markets logged their third straight day of gains. The Sensex rallied 1,000 points to settle at 83,755.87, while the Nifty closed above the 25,500 mark after rising 304 points to 25,549. Both indices were up 1.21%.
Key global and domestic cues to know on June 27, 2025
Iran – Israel conflict
Both sides have claimed victory. Iran’s Supreme Leader said Iran had defeated Israel and the US, while Israel’s Prime Minister called it a historic win. Intelligence reports say Iran’s nuclear sites were damaged but not destroyed. Iran has now cut ties with the UN nuclear watchdog. Meanwhile, the US is considering a $30 billion civilian nuclear deal with Iran, on the condition that it stops uranium enrichment. Iran has denied any upcoming talks with the US
Crude oil
Crude oil prices edged higher in early Friday trade: Brent gained 0.49 % to $65.58 a barrel, and WTI crept up 0.54 % to $68.04 as buyers tested the upside.
Asian markets
Asian markets opened on a positive note on Friday, taking cues from Wall Street’s overnight rally after the White House signalled a softer stance on upcoming tariff measures. Japan’s Nikkei 225 extended gains, rising over 1%, while the broader Topix followed suit. Australia’s ASX 200 edged higher as well, up 0.61% in early trade. South Korea, however, saw a muted start with both the Kospi and Kosdaq hovering near the flatline.
US futures
US stock futures stayed flat in early Asian trade as investors turn cautious. Markets are waiting for key economic data, including inflation, personal income, and consumer spending.
US Market
Wall Street closed strong, with the S&P 500 coming within touching distance of a new record high, shrugging off pressure from tariffs, global tensions, and persistent inflation worries. The index gained 0.8% to end at 6,141.02, marking a 2.9% rise for the week. The Nasdaq Composite also climbed 0.97% to 20,167.91, while the Dow Jones added 404 points to settle at 43,386.84.
US Dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading down at 97.38 on Friday 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 0.12% to close at 85.70 to the dollar on June 26.
FII, DII data
Foreign investors returned to the buying side after three sessions of selling, making a net equity purchase of around Rs 12,594 crore. Meanwhile, domestic institutional investors (DIIs) flipped to net sellers, offloading shares worth Rs 195 crore after similar buy and sell volumes in the same range.
Gold rate today
Gold prices slipped slightly in early Friday 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 groups saw movements in market cap on June 26. The Nagarjuna Group led the gains with a 4.63% rise, followed by the Shriram Group and Jindal O P Group, which gained 3.72% and 3.01% respectively. The Vedanta Group also saw an uptick of 2.29%.
On the other hand, some groups ended in the red such as IIFL Group slipped 1.78%, Essar Group dropped 1.92%, Manipal Group declined 2.1%, and the Rane Group saw the biggest dip of 2.24%.
Sectors that surged most in Thursday’s trade
Among key sectors, automobiles saw the highest gain with a 3.61% rise in market cap. The non-ferrous metals sector followed with a 2.19% increase, while infrastructure registered a 2.08% uptick. The petroleum sector also ended higher, posting a 1.85% gain.