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Indian equity markets concluded the trading session on June 20 with robust gains, as both benchmark indices surged over 1 per cent, supported by broad-based buying across sectors. The Nifty 50 closed above the 25,100 mark for the first time, ending the day at 25,112.40, up 319.15 points or 1.29 per cent. Similarly, the BSE Sensex climbed 1,046.30 points, also rising 1.29 per cent, to settle at 82,408.17.

Market breadth remained positive, with 2,366 stocks advancing, 1,427 declining, and 149 remaining unchanged on the BSE. The BSE Midcap index advanced by 1.2 per cent, while the Smallcap index posted a 0.5 per cent gain, reflecting broader market participation.

All major sectoral indices ended in the green, indicating widespread optimism. Notable gains were seen in Metal, PSU Bank, Realty, Power, Telecom, and Capital Goods, with each sectoral index rising between 1 per cent and 2 per cent.

On the Nifty, prominent gainers included Jio Financial Services, Mahindra & Mahindra, Bharti Airtel, Bharat Electronics, and Trent. On the flip side, the session saw selling pressure in Hero MotoCorp, Bajaj Auto, Maruti Suzuki, and Dr Reddy’s Laboratories, which were among the top losers.

Expert Comments

Sundar Kewat, Technical and Derivatives Analyst, Ashika Institutional Equity, noted, "In a bullish session, the Nifty opened flat at 24,787 and briefly dipped to 24,783 before staging a sharp rally. The index gained momentum right from the opening tick and scaled an intraday high of 25,078, closing firmly in the green. All sectoral indices ended in positive territory, with strong outperformance in Construction, PSU Banks, Financial Services, Auto, and Metal stocks. The broader market also exhibited strength — the Nifty Midcap 100 rose over 1 per cent, while Smallcaps continued to attract buying interest."

"On the derivatives front, market breadth remained healthy with 186 stocks advancing against 36 declining. Notable open interest build-up was observed in Kaynes Technology, Mankind Pharma, Hero MotoCorp, JSW Steel, and LTIMindtree, indicating active participation and bullish undertones. The overall sentiment remains positive with sustained buying across sectors and firm participation in the broader market," he added.