
Stock market today: 103 stocks hit 52-week highs, 85 stocks at 52-week low as Nifty 50, Sensex end in red
Dhanya Nagasundaram
Published 23 Jun 2025, 03:34 PM IST Mint Image
Stock market today: 103 stocks hit 52-week highs, 85 stocks at 52-week low as Nifty 50, Sensex end in red

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Hans India
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Veteran investor Ramesh Damani believes the Indian equity markets are entering a bullish phase and may soon revisit their all-time high of nearly 86,000 on the Sensex, last touched in late 2024. According to Damani, easing geopolitical tensions and a more stable global outlook are paving the way for strong gains in equities. "President Trump's recent military decisions have reshaped the Middle East conflict narrative. Over the weekend, we saw a shift in sentiment—investors now see the possibility of peace, and that's being reflected in the markets," he said. Damani pointed to the strong performance of global indices like Israel's Tel Aviv 25, which recently hit new highs and outpaced the Dow since the onset of the Hamas conflict. "This rebound signals renewed investor confidence and hints at a return of capital to risk assets," he added. While global risks have eased in the near term, Damani warned that attention could soon return to unresolved issues in the U.S.—including rising deficits, inflation worries, and trade policy uncertainty. Back home, he believes Indian stocks are well-positioned to benefit from this global "risk-on" wave. "The 1,000-point surge on Friday shows how sensitive the market is to positive cues. This market is primed for upside. I wouldn't want to be short here," he remarked. He advised investors to view any market correction as an opportunity to build long-term positions. 'India's structural growth story is intact, and the market is set for higher levels,' Damani concluded.


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(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price


Economic Times
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Two Trades for Today: A realty major for almost 6% upmove, a large-cap capital goods stock for 7% gain
The Indian equity markets once again showed resilience to global geopolitical uncertainties. As the other global markets reacted negatively to the US bombing of Iran's nuclear facilities, the Nifty also opened on a negative note. However, it stayed under pressure in the first hour of the session as it formed its low point of the day. After that, the Nifty substantially came off its low point and recouped most of its losses. The headline index FONT SIZE SAVE PRINT COMMENT