Smallcaps lead as Sensex gains 303 Pts,Nifty soars

The domestic share market closed higher for the fourth straight session on Friday, as the Nifty 50 surged to an intraday high of 25,650 amid hopes of a Trump tariff delay and growing optimism over a near-term U.S. Fed rate cut.At close, the Sensex was up 303.03 points or 0.36 percent at 84,058.90, and the Nifty was up 88.80 points or 0.35 percent at 25,637.80. BSE Midcap index rose 0.4 percent and smallcap index gained 0.5 percent.
Jio Financial, IndusInd Bank, Adani Enterprises, Asian Paints, Apollo Hospitals were the top gainers on the Nifty, while losers included Trent, Dr Reddy's Labs, Eternal, Wipro, Tata Consumer.On the sectoral front,except consumer durables, IT and realty, all other indices ended in the green with Capital Goods, Healthcare, oil & gas, power, telecom, PSU Bank up 0.5-1 percent.For the week, BSE Sensex and Nifty added 2 percent each.
Market This Week: 
●Market ends with gains for the second straight week,
●Frontline indices rise more than 2 percent each for the week, Nifty Bank hits record high,
●Broader market outperforms with Nifty Small Cap rising more than 4 percent for the week
Rupee Close: 
On 27 June'2025,the Indian rupee rose 24 paise to close at 85.48 against the greenback on Friday (June 27, 2025) on the back of strong FII inflows and firm domestic equity markets.Lower level of American currency index also favoured the Indian currency though an uptrend in crude oil prices capped its gain, forex traders said.Foreign institutional investors (FIIs) purchased equities worth Rs 12,594.38 crore on a net basis on Thursday (June 26, 2025), according to exchange data.
Trading Guide:
Vinod Nair, Head of Research, Geojit Investments stated that the key catalysts like the ceasefire in the Middle East and optimism on easing trade tensions ahead of the deadline have cleared the clouds in the minds of investors. After consecutive days of selling, FIIs have turned net buyers in the domestic market, contributing to improved market stability in the near term. Moreover, benign oil prices and a strengthening INR influenced investors to focus on domestic growth themes. Expectations of accelerating earnings, driven by resilient consumption and a relatively stable macroeconomic backdrop, are further reinforcing optimism.Market experts recommended five shares to buy on Friday Moil, Nitin Spinners, Heranba Industries, Rallis India, and Usha Martin.

(Business Correspondent)