Stock Market LIVE Updates: Sensex rises 600pts; Nifty above 24,900; Nifty IT up 1%; SMIDs rise

Sensex Today | Stock Market LIVE on Monday, June 16, 2025: In the broader markets, the Nifty MidCap index and the Nifty SmallCap index declined up to 1.5 per cent
11:41 AM
Stock Market LIVE Updates: Crypto market update: Here's how Bitcoin, Ethereum, others are faring today
Stock Market LIVE Updates: The crypto markets were showing signs of recovery after a recent correction attributed to ongoing geopolitical uncertainties. Bitcoin (BTC), the flagship digital asset, held firmly above the $106,400 level after briefly dipping to $103,200. Market analysts noted that investor confidence remains favourable, driven by consistent institutional inflows through Exchange Traded Funds (ETFs).
As of 10:45 AM on Monday, June 16, 2025, Bitcoin was trading at around $106,429.95, up 0.81 per cent. Over the past 24 hours, BTC moved within a range of $104,519.88 to $106,477.76, with a trading volume of $40.14 billion. Its market capitalisation stood at $2.11 trillion, retaining its position as the world's largest cryptocurrency by market value, according to CoinMarketCap.
11:25 AM
Stock Market LIVE Updates: MSCI rejig: Swiggy, Mazagon Dock among 4 entrants; $850 mn inflows likely
Stock Market LIVE Updates: Swiggy Ltd., Mazagaon Dock Shipbuilders Ltd., Hitachi Energy India Ltd. and Waaree Energies Ltd. are the four stocks that could be added to the MSCI Indexes in the upcoming review this August, according to JM Financial.
The MSCI India Standard Index rebalancing will be announced on August 7 after market hours, the brokerage said in a note. The August 2025 rejig may include up to four additions, drawing estimated inflows of $850 million, it added. The changes will take effect from August 27.
Swiggy is the only 'high' probable stock that could enter the global index aggregator's MSCI India Standard Index. The counter of the food delivery giant has recently come under focus as Rapido is gearing up to enter the food delivery space. Rapido is expected to charge a commission rate of 8-15 per cent from restaurant partners, which is significantly lower than Zomato and Swiggy's 21–22 per cent blended rates. READ MORE
11:07 AM
Stock Market LIVE Updates: Vi survival in doubt as govt rules out equity swap, plans payment relief
Stock Market LIVE Updates: The government is preparing a relief package for Vodafone Idea (Vi) but is facing concerns over the company's ability to stay afloat unless its pending spectrum usage charges are waived, according to a report by The Economic Times. There are no plans to convert any more of these dues into equity, as this would raise the government's stake in Vi beyond the current 49 per cent, the report said.
One idea is to let Vi clear its adjusted-gross-revenue (AGR) arrears over 20 years instead of the six-year window fixed after the Supreme Court ruling. 'Extending the tenure of AGR payments from the scheduled six annual instalments of ₹18,064 crore to over 20. Despite this, the long-erm sustainability of the company remains in doubt,' an official said, as quoted by the report. READ MORE
10:33 AM
Stock Market LIVE Updates: Benchmarks at day's high, SMIDs recover
Stock Market LIVE Updates: Equity markets are volatile today witht the BSE Sensex and the NSE Nifty50 swinging between gains at losses, At 10:30 AM, BSE Sensex was at 81,42, up 333 points or 0.41 per cent.
The Nifty50, on the other hand, was at 24,851, up 133 points or 0.54 per cent. This was the highest level for both the indices, so far, in the trade.
In the broader markets, the Nifty MidCap, and SmallCap indices were trading up to 0.23 per cent lower after falling over 1 per cent earlier today.

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United News of India

22 minutes ago

• United News of India

Sensex surges by 1,289.57 points during week

Mumbai, June 21 (UNI) BSE Sensex surged 1,289.57 points, or 1.58 per cent, to settle at 82,408.17 during the week ended Friday, June 20, tracking gains in Asian markets and renewed foreign fund inflow, amid easing crude oil prices, improved investor sentiments. Nifty jumped 393.8 points, or 1.59 per cent, to settle at 25,112.40. Broader markets underperformed. The BSE Mid-Cap index shed 0.44 per cent to close at 45,480.26. The BSE Small-Cap declined 1.85 percent to end at 52,378.52. On Monday, the Sensex snapped a two-day losing streak and ended with solid gains. Sensex gained 677.55 points to settle at 81,796.15. Nifty 50 jumped 227.90 points to 24,946.50. The domestic equity benchmarks slipped into the red on Tuesday, dragged down by rising tensions between Israel and Iran. Investor sentiment remained subdued ahead of the U.S. Federal Reserve's policy decision. BSE Sensex declined 212.85 points to 81,583.30. Nifty fell 93.10 points to 24,853.40. On Wednesday, marking their second straight day of losses, as rising geopolitical tensions between Israel and Iran weighed on investor sentiment, the Sensex declined 138.64 points to 81,444.66. Nifty too fell 41.35 points to 24,812.05. On Thursday, marking the third straight session of decline, as investor sentiment remained shaky due to escalating tensions between Israel and Iran, the Sensex shed 82.79 points to 81,361.87. Nifty fell 18.80 points to 24,793.25. On Friday, snapping a three-day losing streak in a row, as the market remained firm despite rising geopolitical tensions between Israel and Iran. Sensex jumped 1,046.30 points to 82,408.17. Nifty 50 rose by 319.15 points to 25,112.40. Sectoral gainer During the week, BSE Auto was 1.17 pc, BSE BANKEX was 1.35 pc, BSE Consumer Durables was 0.93 pc, BSE Capital Goods was 0.68 pc, and BSE IT was 0.88 pc. BSE Realty 0.65 pc and BSE TECK by 2.07 Sectoral losers during the week were BSE Oil & Gas by 0.4, BSE FMCG by 0.21 pc, BSE Healthcare by 2.08 pc, BSE METAL by 1.12 pc and BSE Power by 0.19 pc. Stocks that fell during the week were Nestle India by 0.49 pc. Tamilnad Mercantile Bank by 2.83 pc, Tata Consultancy Services (TCS) by 0.36 pc, AAVAS Financiers by 1.58 pc, Tata Motors by 5.04 pc, SpiceJet by 8.60 pc, Sun TV Network by 2.16 pc and Alembic Pharmaceuticals by 2.92 pc. Godrej Properties rose 0.76 pc. The company announced that it has acquired an approximately 16-acre land parcel in Upper Kharadi, Pune. The project will have a developable potential of 2.5 million square feet with an estimated revenue potential of about Rs 3,100 crore. DLF rose 0.30 pc. The company said that its latest luxury offering, DLF Privana North, valued at approximately Rs 11,000 crore, has been sold within one week of its launch. UNI JS ARN

Mint

an hour ago

• Mint

Week ahead: Israel-Iran war, IPOs, FIIs among key market triggers for Indian stock market

Indian stock market benchmarks, the Sensex and Nifty 50, registered strong gains on Friday, June 20, despite rising tensions between Israel and Iran. The Sensex began the session at 81,354.85, slightly lower than its previous close of 81,361.87, but surged by 1,133 points or 1.4% to touch an intraday high of 82,494.49. Meanwhile, the Nifty 50 opened at 24,787.65 compared to its prior close of 24,793.25 and climbed 1.4% to reach an intraday peak of 25,136.20. By the end of the trading day, the Sensex had advanced 1,046 points or 1.29% to close at 82,408.17, while the Nifty 50 ended 319 points or 1.29% higher at 25,112.40. 'Markets witnessed consolidation after the recent spell of subdued trend, as strong European cues and positive Dow Futures triggered a massive rally in local benchmarks. Investors also resorted to short covering ahead of next week's monthly derivatives expiry. Despite the rebound, investors would still maintain caution due to the ongoing West Asia conflict, as any spike in crude oil prices owing to escalation in tension could fuel uncertainty and spook markets, " said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd. Markets remained in a consolidation phase for the fifth straight week but still closed with healthy gains, supported by reduced geopolitical tensions and a revival in foreign institutional investor (FII) activity, which boosted overall sentiment. Although the week began on a subdued note, indices gained momentum in the latter half, driven largely by strong performances in heavyweight sectors like banking and IT. As a result, the benchmark indices—Nifty and Sensex—finished near their weekly highs at 25,112.40 and 82,408.17, respectively. Rupak De, Senior Technical Analyst at LKP Securities, said on Nifty outlook, "Nifty moved up sharply after three days of consolidation, resuming its short-term rally. Moreover, the index has reclaimed the 21-day EMA, which could provide further momentum for an upward move. Support is now placed at 24,850, and the index remains a 'buy on dips' as long as it holds above this level. On the higher side, it may continue advancing towards 25,350 and beyond." On the Bank Nifty outlook, Ajit Mishra – SVP, Research, Religare Broking Ltd, said, ' The banking index has demonstrated resilience, driven especially by renewed participation from private banking majors like HDFC Bank and ICICI Bank, which had been relatively inactive in recent weeks. The index has reclaimed levels above the 56,000 mark and could now gradually advance toward the 57,000 and 58,200 levels. On the downside, the 54,000–55,100 zone is expected to provide a cushion in case of a pullback.' The conclusion of the Israel-Iran conflict could have a major impact on global market sentiment. If the two nations reach a diplomatic resolution, the Indian stock market may witness a strong upward breakout. "The Nifty, which has been trading within the 24,500-25,000 range for about a month now, is likely to remain within this range in the near term. The upper side of the range will be broken only on news of de-escalation of the Israel-Iran conflict or an abrupt end to the war," said VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited. The US-India trade agreement is expected to play a crucial role in influencing the domestic market. India is optimistic that the two nations will conclude the deal before the implementation of Trump's 'reciprocal tariffs' scheduled for July 9. The primary market will witness opening of 17 new public issues next week, including six in mainboard and eleven in SME segment. Apart from new public issues, the market will also witness eight new listings next week. Foreign institutional investors (FIIs) maintained their buying momentum on June 20, recording a net equity purchase of ₹ 7,940.70 crore — the third highest single-day inflow of the year, as per provisional data. This also marked the fourth straight day of FII inflows in June, making it the longest such streak for the month. 'The trend of Foreign Portfolio Investment (FPI) experienced a reversal in April and demonstrated considerable strengthening in May, characterised by positive inflows. The inflows recorded in May represented the highest level observed in eight months, signifying a resurgence of interest from foreign investors in the Indian markets. Nonetheless, geopolitical tensions, including the conflict between Israel and Iran, alongside global uncertainties, fostered a cautiously optimistic pattern in June,' said Vipul Bhowar, Senior Director - Listed Investments, Waterfield Advisors. Oil prices declined on Friday after the U.S. introduced new sanctions related to Iran, signaling a diplomatic move that raised expectations of a possible negotiated resolution. This came a day after President Donald Trump mentioned he could take up to two weeks to decide on U.S. participation in the Israel-Iran conflict. Brent crude futures dropped by $1.84, or 2.33%, to close at $77.01 per barrel. According to Ajit Mishra of Religare Broking, Nifty has once again approached the upper band of its consolidation range. ' A sustained move above the 25,200 level would confirm a breakout, potentially opening the door for a rally toward the 25,600–25,800 zone. On the downside, 24,700 and 24,400 will serve as immediate and crucial support levels,' he said. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.

Time of India

8 hours ago

• Time of India

Cryptocurrency Live News & Updates : Bitcoin (BTC) Falls Below 103,000 USDT

22 Jun 2025 | 01:15:13 AM IST HASHJ has launched an upgraded AI-driven cloud mining platform, allowing users to earn passive income in cryptocurrencies like BTC, ETH, DOGE, and more, all via smartphone. HASHJ has unveiled its enhanced AI-powered cloud mining platform, enabling users to mine major cryptocurrencies such as BTC, ETH, DOGE, and XRP without the need for expensive hardware. This user-friendly model is designed for anyone, from novices to seasoned investors, facilitating passive income generation through a simple registration process. Meanwhile, Bitcoin's price has dipped below 103,000 USDT, reflecting a 0.30% decrease in the last 24 hours, indicating market volatility. In the legal arena, Ripple's lawyer has dismissed claims that the U.S. government could seize XRP tokens, emphasizing the company's escrow structure remains intact amid ongoing settlement negotiations with the SEC. Additionally, the meme coin PEPE is testing critical support levels, with speculation around Elon Musk's recent posts potentially influencing its market performance. As Reddit explores biometric verification methods to combat bot-related issues, the cryptocurrency landscape continues to evolve, highlighting the intersection of technology, finance, and regulatory challenges. Show more