TLDR
📈 Market Recap: June 12, 2025
Indian markets closed higher for the sixth consecutive day, extending the rally amid positive global cues. The Nifty 50 rose 37.15 pts (0.15%) to 25,141.40, while the Sensex gained 123 pts (0.15%) to 82,515.14.
Key Drivers:
Global Trade Optimism: from advancing U.S.–China negotiations and preliminary India–U.S. trade progress lifted sentiment.
Tech and OMC Sectors Led: with the Nifty IT index up 1.26% and oil & gas names rallying.
Banking Stocks Lagged: with the sector down 0.3%, continuing from prior profit-taking trends.
Today’s Top Stories:
Reliance Exits Bulk of Asian Paints Stake, Raises ₹7,704 Cr: Reliance sold 3.5 crore Asian Paints shares for ₹7,704 crore, freeing capital for energy ventures while removing stake overhang; Asian Paints stock inched higher. $RELIANCE.NSE ( ▲ 0.73% ) $ASIANPAINT.NSE ( ▼ 0.41% )
May CPI Inflation Sinks to 2.82%, Six-Year Low: India’s CPI dropped to 2.82%, a six-year trough, strengthening expectations of a 25-bp RBI rate cut if monsoon patterns remain favourable.
Sterlite Tech Wins ₹2,631 Cr BharatNet Contract; Stock Jumps 15%: Sterlite Technologies clinched a ₹2,631 crore BharatNet fibre deal for J&K–Ladakh, expanding its digital-infra portfolio and sending the stock up 15%. $STLTECH.NSE ( ▲ 2.93% )
Maruti Suzuki Gets NCLT Nod for Suzuki Motor Gujarat Merge: NCLT fast-tracked Suzuki Motor Gujarat’s merger into Maruti Suzuki, streamlining production under one roof and is expected to lift operational efficiency and margins. $MARUTI.NSE ( ▲ 1.82% )
BSE Ltd. Drops 4% on Surveillance Action: BSE shares slid 4% after regulators placed the exchange under additional surveillance, triggering profit-taking and pressuring the broader capital markets index. $BSE.NSE ( ▲ 1.13% )
INDIASTOX INVESTMENT RESEARCH HACKATHON
Submissions Closed! Scoring Is Underway…
The submission window for the IndiaStox Investment Research Hackathon is now officially closed, and we’re blown away by the quality of entries we received from across the IndiaStox community!
📊 From unique pre-IPO picks to deep-dive theses, your research showed insight, effort, and bold thinking.
🧠 Our expert panel is carefully reviewing all valid submissions.
🏆 Winners will be announced on June 14, 2025 – stay tuned to see who takes home a share of the ₹50,000 prize pool!
Missed this one? Don’t worry – we’re already planning the next edition.
TOP STORIES
1. Reliance Exits Bulk of Asian Paints Stake, Raises ₹7,704 Cr
DALL-E
Financials: Reliance sold 3.5 cr Asian Paints shares at ₹2,201, unlocking roughly ₹77 bn in cash.
Strategic shift: Proceeds free up capital for the group’s new-energy push while trimming overlap amid rising paint-sector rivalry.
Market reaction: Block priced at just a 0.4% discount; Asian Paints edged +0.5%, with the stake overhang largely.
2. May CPI Inflation Sinks to 2.82%, Six-Year Low
DALL-E
Print: Headline CPI fell from 3.16% in April to 2.82%, the fourth straight month below the RBI’s 4% target.
Policy angle: Softer prices revive talk of another 25 bp cut by October 2025, contingent on a normal monsoon.
Market lens: Bond yields were steady, and equities shrugged off the good news amid global risk aversion.
3. Sterlite Tech Wins ₹2,631 Cr BharatNet Contract; Stock Jumps 15%
DALL-E
Contract win: Secures a 13-year turnkey deal to build and maintain J&K–Ladakh fibre network worth ₹2,631 cr.
Strategic boost: Strengthens the demerged STL Networks arm and tilts the order book toward government digital-infra projects.
Street view: Shares hit a four-week high at ₹88.7 as analysts highlighted improved revenue visibility and EBITDA trajectory.
4. Maruti Suzuki Gets NCLT Nod for Suzuki Motor Gujarat Merger
DALL-E
Court approval: NCLT waived shareholder and creditor meetings, expediting the SMG amalgamation into Maruti Suzuki.
Process benefit: Fast-track order shortens the legal timeline and reduces procedural uncertainty.
Operational impact: Merger expected to streamline production logistics and boost efficiency at India’s top carmaker.
5. BSE Ltd. Drops 4% on Surveillance Action
DALL-E
Trigger: Shares slid after the exchange was placed under additional surveillance measures, sparking profit-taking.
Backdrop: Follows a sharp multi-month rally and concerns that speculative trading had overheated valuations.
Sector impact: The move dragged the broader capital-market index down 2.4% for the session.
GYAANI HOT TAKES
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