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Markets relinquish some gains in late trade
Jun-25-2026

Benchmarks relinquished some gains in late trade as traders opted to book profits following recent gains made by the markets. Further, markets participants avoid any risky bets ahead of monthly expiry of Sensex F&O contracts. Besides, heavy selling has been seen among Metal stocks as metal came under pressure amid stronger dollar and rising expectation of an interest rate hike by the US Federal Reserve in the near future. However, markets continued their trade in positive territory as investors were optimistic after India and United States discussed pathways to conclude an interim agreement and reaffirmed their commitment to a deal that is “balanced and commercially meaningful”.

On the global front, Asian equity markets were trading mostly in green as tech stocks rebounded as robust earnings from Micron and Qualcomm helped ease concerns over AI demand. European equity markets were trading higher supported by positive consumer confidence data from France. The consumer confidence indicator in France rose to 84 in June 2026, beating street expectation of 83.

The BSE Sensex is currently trading at 77270.49, up by 279.27 points or 0.36% after trading in a range of 77197.99 and 77803.18. There were 12 stocks advancing against 16 stocks declining on the index.

The top gaining sectoral indices on the BSE were Auto up by 2.73%, Consumer Discretionary up by 0.79%, Realty up by 0.66%, FMCG up by 0.56% and Industrials up by 0.15%, while Metal down by 1.21%, Oil & Gas down by 0.86%, Basic Materials down by 0.70%, TECK down by 0.64% and Energy down by 0.63% were the top losing indices on BSE.

The top gainers on the Sensex were Interglobe Aviation up by 4.57%, Mahindra & Mahindra up by 4.20%, Maruti Suzuki India up by 3.91%, Hindustan Unilever up by 1.39% and State Bank of India up by 1.24%. On the flip side, Power Grid Corporation down by 2.03%, Tech Mahindra down by 1.44%, Bharat Electronics down by 1.32%, Infosys down by 1.20% and NTPC down by 1.06% were the top losers.

Meanwhile, the Reserve Bank of India (RBI) has said that the sales of listed private non-financial companies grew 10.1% during financial year 2025-26. After remaining in the single digits for the last two years, the sales growth is returned to double digits in 2025-26, supported by growth in the manufacturing sector. The manufacturing sector companies recorded a sales growth of 10.8% during 2025-26 compared to 6.0% in the preceding year.

The sales growth in manufacturing sectors was mainly led by the automobiles, electrical machinery, food & beverages and chemicals industries. Meanwhile, the petroleum industry continued to record a contraction in sales during 2025-26. On services front, IT companies reported sales growth of 7.9% in 2025-26 as against 7.1% in the previous year. Further, non-IT services companies continued to record double-digit sales growth during 2025-26, led by healthy performance in the wholesale and retail sectors.

On the cost front, RBI noted that raw material expenses for manufacturing companies increased by 12.0% during 2025-26 and the raw material-to-sales ratio increased to 57.6% in 2025-26 from 55.7% a year ago, pointing to input cost pressure. Besides, staff cost rose by 10.7%, 6.1% and 9% during 2025-26 for manufacturing, IT and non-IT services companies, respectively. Moreover, the staff cost-to-sales ratio broadly remained stable for manufacturing companies while it declined for services companies.

The CNX Nifty is currently trading at 24105.90, up by 84.25 points or 0.35% after trading in a range of 24088.95 and 24261.60. There were 26 stocks advancing against 24 stocks declining on the index.

The top gainers on Nifty were Interglobe Aviation up by 4.47%, Mahindra & Mahindra up by 4.26%, Max Healthcare Institute up by 3.86%, Maruti Suzuki India up by 3.79% and Tata Consumer Products up by 2.56%. On the flip side, ONGC down by 2.52%, Hindalco Industries down by 2.16%, Power Grid Corporation down by 2.13%, Coal India down by 1.69% and Tech Mahindra down by 1.44% were the top losers.

Asian equity markets were trading mostly in green; Nikkei 225 surged 3287.03 points or 4.54% to 72,462.00, Taiwan Weighted added 211.66 points or 0.46% to 46,255.26, Straits Times rose 0.95 points or 0.02% to 5,216.94, Jakarta Composite gained 130.66 points or 2.17% to 6,014.54, Shanghai Composite strengthened 9.47 points or 0.23% to 4,120.28 and KOSPI increased 459.28 points or 5.14% to 8,930.30, while Hang Seng declined 281.18 points or 1.22% to 23,131.00.

European equity markets were trading higher; UK’s FTSE 100 increased 40.09 points or 0.38% to 10,501.72, France’s CAC rose 35.71 points or 0.43% to 8,421.20 and Germany’s DAX gained 196.94 points or 0.8% to 24,937.30.

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