Market analyst Mayank Jain advises investors to watch macro data and corporate earnings. Nifty surpassed 25,000 after the RBI rate cut. Immediate resistance for Nifty is at 25,100. Bank Nifty faces resistance at 57,000. Interest rate-sensitive sectors saw rallies. FII selling was offset by domestic investors. The Trump-Musk spat impacts Tesla's stock.
Lalithaa Jewellery Mart, a prominent South Indian jewellery retailer, has filed its DRHP with SEBI to raise Rs 1,700 crore through an IPO. The IPO includes a fresh issue and an offer-for-sale, with proceeds aimed at expanding its store network across India.
Chinese defense stocks surged following Pakistan's announcement of a major arms purchase, including the advanced J-35 stealth fighter jet. This deal marks China's first export of the fifth-generation fighter, enhancing Pakistan's defense capabilities amid ongoing tensions with India. Indonesia is also considering Chinese J-10 jets, signaling a potential shift in arms procurement.
Silver prices have surged to record highs in 2025, driven by safe-haven demand amid geopolitical tensions and increasing industrial applications in green technologies. Analysts predict further gains, with targets ranging from Rs 1,10,000 to Rs 1,23,000/kg on the MCX.
Emkay Global views the RBIs move as a clear positive for NBFCs, especially those heavily reliant on bank borrowings and with a sizable fixed-rate loan portfolio, such as gold and vehicle financiers. These firms are expected to benefit from reduced funding costs and improved net interest margins (NIMs) in H2FY26 and beyond.
Sandip Sabharwal highlights the positive impact of RBI's actions, including rate cuts and easing stress on unsecured loans, particularly benefiting MFIs and NBFCs. He favors larger banks and diversified NBFCs, cautioning against real estate investments at current valuations. The rare earth magnets issue from China poses a potential threat to the auto industry, especially EV manufacturers, pending resolution.
Rupak De of LKP Securities suggests a 'buy-on-dips' strategy for Cochin Shipyard and anticipates market momentum to continue, highlighting BFSI and realty sectors as profitable. He recommends NALCO, IIFL, and Oberoi Realty as top picks, citing bullish technical indicators and potential for further upside. Nifty Bank's outperformance is noted, with key support and resistance levels identified.
The Reserve Bank of India's significant 50 bps repo rate cut to 5.5% in June 2025 is poised to boost India's housing market by lowering home loan EMIs. This move, coupled with a CRR reduction, injects liquidity into the banking system, potentially making homeownership more accessible, especially in the affordable and mid-income segments and Tier 2 & 3 cities.
Julius Baer Group anticipates Indian stocks will reach new highs in the latter half of the fiscal year, driven by a resurgence in domestic consumption. Nitin Raheja highlights a shift towards consumption-linked themes, particularly retailers in tier-two cities and apparel firms. Factors like slowing inflation and income-tax cuts are expected to boost consumer spending, leading to increased corporate profits.
MCX has received Sebi approval to launch electricity derivatives, marking a historic first for India. The move is expected to deepen energy markets, help manage power price volatility, and support the countrys transition to a sustainable energy future. Backed by SEBI and CERC, the launch positions MCX as a pioneer in India's evolving commodity and energy trading landscape.
