India condoles death of 12 nationals in Ras Laffan gas facility explosion, US senators flag Pakistan’s history of harbouring terrorists, hiding bin Laden, India initiates anti-dumping probe against imports of electrical steel from China, 3 other nations,

Trump led ceasefire deal lifts Indian Markets to 2025 highs

The domestic share market indices traded higher on Tuesday following US President Donald Trump announcement of a ceasefire deal between Iran and Israel, which led toneasing global oil prices.Meanwhile, the combined market capitalisation of all listed companies on the BSE jumped by Rs4.43 lakh crore, reaching Rs 452.25 lakh crore.At close the Sensex was up 158.32 points or 0.19 percent at 82,055.11 and the Nifty was up 72.45 points or 0.29 percent at 25,044.35.About 2427 shares advanced, 617 shares declined, and 121 shares remained unchanged.Adani Ports, Shriram Finance, M&M, UltraTech Cement, and Jio Financial Services were the top gainers on the Nifty, while losers included NTPC, ONGC, and Bharat Electronics.
Rupee Close:
On 24 June'25,the Indian  rupee recovered from record low level and closed with a steep gain of 75 paise at 86.03  against the US dollar as global crude oil prices went down following hopes of deescalation in Middle East tensions.A weak greenback and positive sentiments in the domestic equity markets further boosted the local unit, according to forex traders.
Trading Guide:
Market experts recommended five stocks to buy on Tuesday- Supreme Petrochem, Chennai Petroleum Corporation, AGI Infra, ideaForge Technology, and SRM Contractors.

(Business Correspondent)


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