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Indian benchmark indices, the Sensex and Nifty 50, retreated on June 30, 2025, ending a four-day rally primarily due to profit-taking in financial and auto stocks. The BSE Sensex fell 0.54% to settle at 83,606.46, and the NSE Nifty 50 declined 0.47% to 25,517.05. In contrast, broader markets demonstrated strength, with the Nifty Midcap 100 and Nifty Smallcap 100 indices posting gains of 0.60% and 0.52% respectively. The Nifty PSU Bank index emerged as a notable outperformer, surging by 2.6% to 2.7%.

Positive Buzz

• BHEL shares gained between 0.98% and 3% after securing a substantial ₹6,500 crore order from Adani Power Ltd for a thermal power project.
• Torrent Pharmaceuticals saw its shares surge 4% following the announcement of an agreement to acquire JB Chemicals for ₹11,900 crore. The company also plans to discuss raising funds via non-convertible debentures (NCDs).
• Waaree Energies rallied between 3% and 6.87% after its U.S. subsidiary secured a 540 MW solar module contract.
• State Bank of India (SBI) was among the top gainers, rising 1.47% to 1.86%, amidst renewed optimism for public sector banks, partly fueled by government policy signals aimed at monetizing subsidiary investments.
• Trent topped the Nifty gainers' list, climbing 3.34% to ₹6,219.15, driven by strong momentum in retail stocks.
• Jio Financial Services remained in focus, with shares gaining 1.04% to 1.22% due to recent regulatory clearances for its broking and asset management ventures.
• ITD Cementation shares rallied 4% after securing a ₹580 crore international marine contract.
• Ahluwalia Contracts surged 4% after announcing ₹1,100 crore in new order wins.
• Alembic Pharmaceuticals jumped 7.3% after receiving approval from the U.S. drug regulator for an injection used in cancer treatment.
• Tenneco Clean Air India Limited filed its Draft Red Herring Prospectus (DRHP) with SEBI for a ₹3,000 crore Initial Public Offering (IPO), to be launched in FY26 entirely through an Offer for Sale (OFS).

Neutral Developments

• Bharat Electronics (BEL) saw modest gains of 0.82% to 2%.
• HDFC Life attracted investor interest, reflecting its strong performance and expanding market share in the life insurance sector.
• Several companies, including CFF Fluid Control Ltd, Dalmia Bharat Sugar and Industries Ltd, Indian Hotels Company Ltd, and Sagarsoft (India) Ltd, had their ex-dividend dates.
• MIRC Electronics Ltd and GVP Infotech Limited had their ex-rights dates.

Negative News

• Sensex and Nifty 50 both closed lower, snapping a four-day winning streak due to widespread profit-booking.
• Major banking stocks, including Axis Bank, Kotak Mahindra Bank, and ICICI Bank, were significant laggards, contributing to the broader market decline.
• Other large-cap companies like Maruti, UltraTech Cement, Bajaj Finance, Reliance Industries, Tata Steel, Bharti Airtel, HDFC Bank, Tata Consumer Products, and Hero MotoCorp also experienced declines due to profit-taking.
• Sigachi Industries shares slumped 11.5% following an explosion and fire at its Hyderabad unit, which resulted in fatalities and injuries.
• Karnataka Bank shares plummeted over 7% after its top management resigned.

TAGS: Stocks in News, Stock Market, Buzzing Stocks, Nifty, Sensex

Tags: Stocks in News Stock Market Buzzing Stocks Nifty Sensex