TLDR
📈 Market Recap: June 20, 2025
On Friday, June 20, 2025, Indian equities rallied sharply, reversing a three-day slide. The Nifty 50 surged 1.29% to 25,112.40, and the Sensex jumped 1.29% to 82,408.17.
Key Drivers
Banking-led surge: Financials led the rally after the RBI eased project-financing norms and cut repo rate by 50 bps to 5.5%, shifting policy to neutral.
Fed outlook & foreign inflows: U.S. Fed signalled two rate cuts later this year; FIIs returned amid a weaker USD
Oil & geopolitical tailwinds: Though Middle East tensions lingered, a dip in crude prices (~$79/bbl) helped market recovery.
DII support: Domestic institutional investors kept up buying, sustaining the rally despite global jitters.
Today’s Top Stories:
RBI Trims Project-Loan Provisions to 1%: RBI slashes standard-asset provisioning on project loans to 1 % during construction and 0.4 % post-commissioning, freeing capital and boosting infra lenders PFC and REC.
HDB Financial Services to Launch ₹12,500 Crore IPO: HDB Financial opens 25–27 June with ₹12,500-crore IPO, combining fresh shares and an HDFC Bank OFS, poised as 2025’s largest NBFC listing. $HDFCBANK.NSE ( ▲ 0.3% )
Biocon Raises ₹4,500 Crore via First Equity Deal Since 2004: Biocon raised ₹4,500 crore through a QIP at ₹330 to retire debt and buy back Biocon Biologics debentures, easing leverage. $BIOCON.NSE ( ▲ 0.76% )
Cognizant Bets ₹1,583 Crore on Visakhapatnam Mega-Campus: Cognizant will invest ₹1,583 crore in a 21-acre Visakhapatnam campus, creating 8,000 IT jobs by 2029 amid a tier-2 expansion strategy. $CTSH ( ▲ 0.14% )
Safe Enterprises Retail Fixtures Opens ₹161 Crore SME IPO: Safe Enterprises opens ₹161-crore NSE-SME IPO at a ₹131–138 band, minimum ₹1.31 lakh lot, with a muted grey-market premium.
INDIASTOX INVESTMENT RESEARCH HACKATHON🏆 The Results Are In! Meet the Winners of Hackathon 1The first edition of the IndiaStox Investment Research Hackathon has wrapped up, and we’re excited to announce the standout entries that rose to the top. After a detailed review process by our expert panel, here are the top five submissions that demonstrated depth, clarity, and strong investment reasoning:
📌 In the coming days, we’ll be featuring select submissions across the IndiaStox platform and community channels. 💡 If you didn’t make it this time, we encourage you to stay engaged. The next edition of the hackathon begins Very Soon..., with updated judging criteria, new themes, and higher benchmarks. 🗣️ If you valued the experience or took something away from it, feel free to share it in your own way and tag @IndiaStox on LinkedIn or X. The more thoughtful voices we bring together, the stronger this community becomes. |
TOP STORIES
1. RBI Trims Project-Loan Provisions to 1%
DALL-E
Policy change: Final rules cut standard-asset provisioning to 1 % during construction and 0.4 % after commissioning, effective 1 Oct 2025.
Scope: Creates a single rulebook for banks, NBFCs and co-ops by scrapping multiple legacy circulars.
Market reaction: Power financiers rallied PFC +4.5 %, REC +3.5 % as lower capital charges lift lending capacity.
2. HDB Financial Services to Launch ₹12,500 Crore IPO
DALL-E
Offer size: Three-day issue opens 25 Jun, with ₹2,500 cr fresh shares and ₹10,000 cr offer-for-sale from HDFC Bank.
Significance: Poised to be 2025’s largest NBFC listing, fulfilling RBI mandate for “big” shadow banks to list by Sep-25.
Pre-launch buzz: Strong institutional interest flagged; HDFC Bank shares in focus ahead of the float.
3. Biocon Raises ₹4,500 Crore via First Equity Deal Since 2004
DALL-E
Transaction details: Closed a QIP at ₹330, issuing 13.6 cr shares to global funds.
Use of proceeds: To retire debt and repurchase Biocon Biologics debentures, shoring up the balance sheet.
Street view: Stock inched up to ₹346; HSBC retained ‘Buy’ with a ₹390 target, citing deleveraging benefits.
4. Cognizant Bets ₹1,583 Crore on Visakhapatnam Mega-Campus
DALL-E
Project scope: 21-acre IT/ITES hub aimed at 8,000 jobs, with operations slated by Mar 2029.
Strategic shift: Mirrors TCS’s Vizag push, tapping lower real-estate costs and broader talent beyond tier-1 cities.
Long-term goal: Management positions the campus as a cornerstone of its tier-2 expansion strategy.
5. Safe Enterprises Retail Fixtures Opens ₹161 Crore SME IPO
DALL-E
Issue details: Book-built offer priced at ₹131–138; minimum lot 1,000 shares (₹1.31 lakh).
Timeline: Bidding window 20–24 Jun, with NSE-SME listing scheduled for 27 Jun.
Early sentiment: Grey-market premium at ₹0 suggests a muted debut, though formal bids will set true demand.
GYAANI HOT TAKES
Disclaimer:
The IndiaStox Research Hackathon is intended for educational and community engagement purposes only. Submissions do not constitute investment advice, nor should they be construed as recommendations to buy or sell any securities.
By participating in the IndiaStox Research Hackathon and submitting content, you grant IndiaStox a worldwide, royalty-free, perpetual, and irrevocable license to use, reproduce, modify, publish, distribute, and display your submission, whether in whole or in part, across its digital platforms and in promotional materials. This license extends to both commercial and non-commercial purposes, including content seeding, editorial use, and advertising.
By submitting your work, you confirm that it is your original creation and that you have the right to grant the above license.
