June 23rd to June 27th, 2025
Nifty Defies Bears, Bulls Take Charge!
The market rallied strongly last week, with the Nifty and Sensex surging over 2% on the back of improving global cues, cooling oil prices, and strong FII inflows. Riddhi Siddhi Share Brokers observed a broad-based positive sentiment across major sectors.
Key Highlights (as tracked by Riddhi Siddhi Share Brokers):
- Nifty closed at 25,638 (+2.09%)
- Sensex ended at 84,059 (+2.00%)
- Bullish sentiment was supported by 7 key factors:
- De-escalation of Israel-Iran tensions
- Crude oil falling to $65 – worst week since March 2023
- RBI’s positive bulletin on India’s resilient economy
- Wall Street scaling new highs (S&P & Nasdaq)
- White House easing concerns on tariff deadlines
- Possible Fed leadership change favoring dovish stance
- FII buying of ₹4,423 Cr (₹8,321 Cr for June so far)
Index Recap:
| Index | Weekly % Change |
|---|---|
| Nifty | +2.09% |
| Sensex | +2.00% |
| Bank Nifty | +2.12% |
| Nifty Midcap | +2.47% |
| India VIX | -9.40% |
| Nasdaq | +4.20% |
| Dow Jones | +3.82% |
| Crude Oil (USD) | -11.30% |
| Gold (INR) | -2.69% |
| USD/INR | -1.27% |
Sector Performance:
- Top Gainers: Nifty Metal (+4.81%), Media (+4.36%), Infra (+3.37%), Oil & Gas (+3.25%)
- Lagging Sectors: Nifty Realty (-1.94%), IT (-0.43%)
Stock Highlights Tracked by Riddhi Siddhi Share Brokers:
- Top Gainers: Jio Financial (+9.92%), Adani Ent (+8.08%), Hindalco (+7.43%)
- Top Losers: ONGC (-3.60%), Dr. Reddy’s (-1.83%), Tech Mahindra (-1.28%)
Company Buzz (Curated by Riddhi Siddhi Share Brokers):
- Tejas Networks gains on Rakuten Symphony partnership.
- Aurionpro Solutions jumps 11% on AFC contract win in Egypt.
- Zee Entertainment surges 8.46% on strategic business updates.
- Bharti Airtel hits ₹2,039 on robust volume and outlook.
- Vodafone Idea up 12.5% as Centre considers relief on dues.
Technical Outlook by Riddhi Siddhi Share Brokers
Nifty has broken out of a complex flag pattern on the weekly charts. The index is poised to reclaim its all-time high at 26,277.35. Immediate support is at 25,000, with a key floor at 25,500.
Our View (Riddhi Siddhi Share Brokers Insight):
Expect further momentum this week unless global news triggers volatility. Focus remains on:
- July 9 Tariff Deadline: Likely to be postponed.
- Fed Leadership: Possible early announcement by Trump could bring dovish surprise.
Conclusion:
The rally is intact. Riddhi Siddhi Share Brokers expects Nifty to test new highs in coming weeks. Follow Riddhi Siddhi Share Brokers for weekly insights, sectoral trends, and technical outlook.
Disclaimer:
Riddhi Siddhi Share Brokers is an NSE & BSE registered Authorised Person of a leading broker and does not provide investment advisory services. This post is for educational purposes only. Investors should consult certified advisors before investing