Introduction:
The Indian stock market ended the week on a strong note, with benchmark indices registering healthy gains on 28 June 2025. The BSE Sensex surged 260 points to close at 78,155, while the Nifty 50 reclaimed the 23,400 level, finishing at 23,410. The rally was led by broad-based buying across key sectors like banking, IT, FMCG, and auto.
Strong global cues, a positive domestic outlook, and month-end portfolio adjustments all contributed to the market’s upward momentum. Investor sentiment improved after clarity emerged around interest rate stability and global economic resilience.
Market Closing Summary:
Index | Closing Value | Change |
---|---|---|
Sensex | 78,155 | ▲ 260 pts |
Nifty 50 | 23,410 | ▲ 120 pts |
Bank Nifty | 51,080 | ▲ 180 pts |
Key Factors Behind Today’s Market Rally:
1. Strong Global Markets:
Global indices, including those in the US and Asia, traded higher on hopes of economic stability and positive earnings signals. This boosted local market sentiment.
2. Buying in Banking & IT Stocks:
Stocks in private banks, NBFCs, and IT services led the rally as investors rotated back into fundamentally strong sectors following earlier corrections.
3. Month-End Rebalancing:
With June ending, fund managers engaged in portfolio reshuffling, leading to increased buying in large-cap stocks to adjust weightage for the next quarter.
4. Crude Oil Stability:
Brent crude remained around $82.10/barrel, easing concerns about inflation and supporting sectors like auto, FMCG, and transport.
Top Gainers – Nifty 50 (28 June 2025):
Top Losers – Nifty 50 (28 June 2025):
Stock | Loss % |
---|---|
Dr. Reddy’s | -0.9% |
Divi’s Labs | -0.7% |
Grasim Industries | -0.5% |
BPCL | -0.4% |
Eicher Motors | -0.3% |
Sector Performance Overview:
Sector | Performance | Trend Reason |
---|---|---|
Banking | Positive | Buying in large private banks and NBFCs |
IT | Positive | Weak rupee and global optimism in tech |
FMCG | Positive | Support from stable input costs |
Auto | Positive | Crude oil price stability, higher delivery data |
Pharma | Slightly weak | Profit booking after last week’s gains |
Expert View:
“The rally today shows a renewed risk appetite among investors. With global signals looking stable, Indian markets may continue their upward trend into July.”
— Anuj Mehta, Equity Strategist, Global Securities
Investor Tips:
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Short-term traders should trail profits as Nifty approaches resistance near 23,500.
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Long-term investors may consider allocating fresh capital into banking and IT sectors.
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Stay alert for global cues, including upcoming US job data and crude oil trends.
Conclusion:
The Indian stock market ended on a strong footing on 28 June 2025, with the Sensex rising 260 points and the Nifty reclaiming 23,400, driven by robust buying across sectors. Improved global sentiment, institutional support, and stable macro indicators are supporting the current uptrend. As we enter July, all eyes will be on corporate earnings and global central bank commentary.