TLDR
📈 Market Recap: June 18, 2025
On Wednesday, June 17, 2025, Indian equities rebounded modestly despite global headwinds. The Nifty 50 ended flat-to-up at 24,882.7 (+0.12%), and the Sensex rose to 81,651.5 (+0.10%), recovering from early dips of ~0.3% .
Key Drivers
Dip-buying & domestic liquidity: Supported by DIIs, marking a 21st straight day of net buying (~₹8,207 crore).
Auto sector outperformance: Led gains with a ~1.1% rise, while eight of 13 sectoral indexes advanced .
Geopolitical and oil-driven pressures: Rising crude (+4–9% this month) and Middle East tensions limited broader upside.
Caution ahead of the Fed: Markets anticipated a hold on U.S. rates but awaited Fed commentary – a key catalyst.
Rupee pressure: Currency traded weak at 86.32–86.48, dragged by oil import demand and corporate dollar needs .
Today’s Top Stories:
Polycab India Wins ₹6,447 Crore BharatNet Project Order: Polycab India secured a ₹6,447-crore BSNL BharatNet contract to build fibre networks across three states, locking multi-year revenue visibility and bolstering its digital infrastructure credentials. $POLYCAB.NSE ( ▲ 1.03% )
Vedanta Raises ₹3,028 Crore via 1.6 % Stake Sale in Hindustan Zinc: Vedanta raised ₹3,028 crore by selling 1.6 % of Hindustan Zinc, using proceeds to pare debt, while HZL shares slid nearly seven percent on supply overhang. $VEDL.NSE ( ▲ 2.64% ) $HINDZINC.NSE ( ▲ 7.27% )
Delhivery Gets CCI Nod to Acquire Ecom Express: Regulator approved Delhivery’s ₹1,407-crore acquisition of Ecom Express, enabling major parcel-logistics consolidation and expected network synergies across extensive last-mile delivery routes. $DELHIVERY.NSE ( ▲ 0.49% )
IndusInd Bank Jumps 5 % on Nomura Upgrade: IndusInd Bank jumped over five per cent after Nomura upgraded the stock to “Buy” with a ₹1,050 target, citing a cleaner balance sheet and improving profitability prospects. $INDUSINDBK.NSE ( ▲ 1.43% )
Reliance Infra, Dassault to Co-Produce Falcon 2000 Jets in India: Reliance Infrastructure will jointly assemble Dassault Falcon 2000 business jets in India, reinforcing Make-in-India aerospace ambitions; shares hit upper circuit on announcement optimism. $RELINFRA.NSE ( ▲ 4.42% )
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. Polycab India Wins ₹6,447 Crore BharatNet Project Order
DALL-E
Contract scope: Bags ₹6,447 cr BSNL mandate to design, supply, install, and maintain fibre networks across Karnataka, Goa, and Puducherry.
Strategic upside: Strengthens Polycab’s digital-infrastructure credentials and diversifies revenue beyond conventional cables and wires.
Market reaction: Stock stayed in focus; analysts reiterated long-term growth view on multi-year execution visibility.
2. Vedanta Raises ₹3,028 Crore via 1.6 % Stake Sale in Hindustan Zinc
DALL-E
Deal details: Vedanta offloaded 6.67 cr HZL shares at ₹452.5 each to pare debt and unlock portfolio value.
Balance-sheet aim: Proceeds earmarked for deleveraging, easing refinancing pressure ahead of bond maturities.
Price impact: Hindustan Zinc slid 6.9 %, topping Mid-cap losers as investors weighed supply overhang.
3. Delhivery Gets CCI Nod to Acquire Ecom Express
DALL-E
Regulatory green light: Competition Commission clears up-to-₹1,407 cr purchase of 99.44 % in rival Ecom Express.
Synergy play: Deal boosts last-mile network density, promises route optimisation and cost efficiencies across 50k+ delivery points.
Street view: Analysts see sector consolidation tailwind; Delhivery shares edged higher on approval news.
4. IndusInd Bank Jumps 5 % on Nomura Upgrade
DALL-E
Broker call: Nomura lifts rating to “Buy” and target to ₹1,050, citing cleaned-up book and sharper risk controls.
Earnings outlook: Brokerage projects return-on-assets improvement by FY27, forecasting sustained credit growth.
Index impact: Stock-led Nifty 50 gainers cushioned headline indices during a broader market dip.
5. Reliance Infra, Dassault to Co-Produce Falcon 2000 Jets in India
DALL-E
Project launch: Reliance Aerostructure partners with Dassault to assemble Falcon 2000 business jets domestically; first delivery set for 2028.
Make-in-India angle: Initiative deepens defence-aviation footprint and taps offset commitments, creating high-skill jobs.
Market move: Reliance Infra locked at 5 % upper circuit to ₹386 on announcement of optimism.
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.
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