🌀 Markets Pause After Rally: Nifty Flat at 25,100 as IT Shines Amid Volatility

📰Daily Market Wrap-Up by Stock Whisperers-10 June 2025

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thestock whisperers
June 10, 2025

10-June-2025

📈 Market Overview:

Summary of the Day's Market Performance

Market Overview

  • The Sensex fell 53.49 points (-0.06%) to close at 82,391.72, reflecting a flat session.

  • The Nifty edged up 1.05 points to 25,104.25, holding steady at 25,100.

  • Midcap index ended flat, while Smallcap index rose 0.3%, showing modest broader market strength.

  • IT (+1.7%), Media (+1%), and Power (+1%) gained, while Realty shed 1%.

💸 Market Transactions:

  • Foreign Institutional Investors (FII): Bought ₹2,301.87 crore

  • Domestic Institutional Investors (DII): Bought ₹1,113.34 crore

FII and DII inflows supported the flat close, with selective buying in IT and Pharma.

📊📑 Important Observations and Market Sentiments: Editor Special

  • Markets traded in a narrow range as investors turned cautious after a recent rally, driven by strong domestic macros (7.2% Q4 GDP, better GST collections) and concerns over stretched valuations. Optimism around US-China trade negotiations (post-tariff rollback) and a firm US dollar (dollar index at 103.2 today) boosted export-oriented sectors like IT and Pharma.

  • The RBI’s recent 50 bps repo rate cut (to 5.75%) and CRR reduction (to 3.5%) continued to support sentiment, though profit booking capped gains. Analysts expect Nifty to consolidate between 24,900–25,300, with support at 24,500—focus on export sectors and global trade developments.

❓ DO YOU KNOW?

The US dollar strengthened to 103.2 on the dollar index today, up from 102.5 last week, driven by mixed Fed signals, benefiting Indian IT and Pharma exporters.

📰Stock News:

Key Stock Movements and News

  • Top Gainers: Grasim Industries, Dr Reddy’s Labs, Tech Mahindra, Tata Motors, and Infosys

  • Top Losers: Trent, Asian Paints, Bajaj Finance, Tata Steel, and Bajaj Finserv

  • Adani Power surged 8.29% to ₹610, driven by heavy trading volumes (3.28M shares on BSE, 22.66M on NSE).

  • Wipro traded flat after Azim Premji Trust sold 20.23 crore shares worth ₹5,057 crore via a block deal.

  • Maruti Suzuki fell 1% amid reports of production cuts for its e-Vitara due to a rare earth magnet supply crisis.

  • Power Grid Corporation edged higher after approving a ₹131.68 crore National Unified Network Management System project.

  • Menon Bearings gained on a $3.73 million annual order (75 lakh pieces/year) from Allison Transmission.

  • ITD Cementation rose after securing an ₹893 crore berth construction contract, boosting infrastructure sentiment.

  • MTAR Technologies gained on a ₹19.2 crore order, supporting defense and aerospace momentum.

  • Larsen & Toubro (L&T) traded flat at ₹3,681.10 after securing a ₹1,000–2,500 crore order for the Bhavali Pumped Storage Project.

  • Meera Industries rose on $403,000 in US orders, lifting textile sector interest.

  • Kalpataru Projects gained after winning ₹3,800 crore in new orders, driving infrastructure optimism.

  • Birla Estates rose on a ₹420 crore order, supporting real estate sentiment.

  • Glenmark Pharma gained after DCGI approval to launch cancer drug Brukinsa, India’s first BTK inhibitor.

  • DMart fell 2% after 16 lakh shares changed hands in multiple deals; buyers and sellers unknown.

  • United Spirits rose 1% as parent Diageo may sell its stake in Royal Challengers Bengaluru, with Nuvama projecting a valuation bump.

Your Weekly Stock Markets Rundown:📊 RBI’s Bold Rate Cut Sets the Tone — Markets Eye Growth, Liquidity & Global Cues Ahead!

June 9- June 13, 2025

The week of June 9-13, 2025, begins on a high note after the RBI’s unexpected 50 bps rate cut, propelling the Sensex to 82,157.16 and the Nifty to 24,987.85. With liquidity set to improve via a phased CRR cut, domestic growth is prioritized, though global headwinds like geopolitical tensions persist. Investors will monitor key data releases, including US inflation, UK GDP, and India’s forex reserves, for directional cues. Rate-sensitive sectors like banking, real estate, and auto are poised for gains, while a stock-specific approach is advised amid potential mid-week volatility.

👀Stocks to Focus:

  • Adani Power: Trading volume surge to monitor.

  • Glenmark Pharma: Cancer drug launch impact to watch.

  • Maruti Suzuki: Supply crisis fallout to observe.

📝Summary:

Indian markets ended flat, with Nifty at 25,104, in a volatile session as investors booked profits post-rally. IT and Pharma gained on a firm US dollar and trade optimism, while Realty lagged. FII and DII buying supported sentiment—expect consolidation, focus on export sectors, and global cues!

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Disclaimer: The Stock Whisperers is a media platform providing educational and informational content related to the stock market. We do not offer investment advice, stock recommendations, or tips. Readers should consult a SEBI-registered advisor before making any investment decisions.