Last Updated:June 20, 2025, 09:29 IST
Stock markets continued to consolidate on the higher side on Friday
Stock Market Today
Sensex Today: Indian stock markets continued their upward consolidation on Friday, buoyed by easing geopolitical concerns after the U.S. signaled that diplomatic negotiations with Iran remain on the table and a decision on supporting Israel militarily would be taken within two weeks.
In early trade, the BSE Sensex climbed 240 points, or 0.30%, to 81,602, while the NSE Nifty50 rose 67 points, or 0.27%, to 24,860.
Broader markets mirrored the positive sentiment, with both the Nifty MidCap and Nifty SmallCap indices gaining 0.5% each.
Across sectors, the rally was broad-based. The Nifty PSU Bank index led the charge, up 1%, followed by notable gains in Realty, Financial Services, Metal, and IT indices — each advancing up to 0.7%.
Global Market Cues
Asia-Pacific markets showed mixed trends on Friday as investors reacted to China’s key lending rate announcements and tracked mounting geopolitical tension in the Middle East.
The People’s Bank of China (PBoC) held its one-year loan prime rate steady at 3.0% and the five-year rate at 3.5%, matching market expectations.
Geopolitical risks remained elevated, with U.S. President Donald Trump reportedly weighing support for possible Israeli military action against Tehran. A decision from the White House is expected within two weeks.
In Japan, the Nikkei was last up 0.27%, while the broader Topix index was flat. Core inflation in Japan rose to 3.7% in May — its highest since January 2023 — surpassing April’s 3.5% reading and Reuters’ forecast of 3.6%. Meanwhile, headline inflation slightly eased to 3.5% from 3.6% in the previous two months, marking its lowest level since November.
Elsewhere in Asia, South Korea’s Kospi slipped into the red after early gains, down 0.014%, while Australia’s ASX 200 also reversed its opening strength, falling 0.37%.
U.S. stock futures edged lower during Asian trading hours as investors digested geopolitical developments in the Middle East. Wall Street remained closed overnight due to the Juneteenth holiday.
Meanwhile, the Bank of England, at its June policy meeting, voted 6-3 to hold the Bank Rate steady at 4.25%, as it continues to deal with sticky inflation and global macroeconomic uncertainty.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
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