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Published: June 26, 2025, 5:14 PM
The Indian stock market continued its upward trajectory on Thursday, June 26, 2025, marking the third consecutive day of robust gains. Both Sensex and Nifty closed over 1% higher, with banking and metal stocks leading the charge. This bullish momentum, fueled by a cocktail of favorable global and domestic cues, sets the stage for an intriguing trading session tomorrow.
Market Highlights: June 26, 2025
- Sensex Roars Past 83,700: The BSE Sensex soared by over 1,000 points, or 1.21%, to close at 83,755.87, hitting an intraday high of 83,812.09.
- Nifty Crosses 25,500: The NSE Nifty50 climbed 304.25 points, or 1.21%, to settle at 25,549.00, touching a day’s high of 25,565.30.
- Banking Sector Shines: Bank Nifty witnessed a significant jump of 1.03%, scaling an intraday high of 57,263.45 before closing at 57,206.70.
- Metal & Oil & Gas Lead: The Nifty Metal index outperformed, rising 2.31%, followed by Nifty Private Bank, Financial Services, and Oil & Gas indices, all gaining over 1%.
- Reliance Reclaims ₹20 Trillion M-Cap: Index heavyweight Reliance Industries closed 1.91% higher, reclaiming its ₹20 trillion market capitalization for the first time since September 2024.
- Top Nifty Gainers: Shriram Finance, Jio Financial Services, Tata Steel, Bharti Airtel, and Hindalco Industries led the pack with gains between 2.48% to 3.69%.
- India VIX Cools Down: The volatility index (India VIX) eased by 2.87% to settle at 12.59 points, indicating reduced market fear.
- Global Cues: The rally was supported by gains in Asian markets and continued optimism surrounding a possible Israel-Iran ceasefire, alongside a softening of crude oil prices.
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SENSEX Prediction for June 27, 2025
The Sensex has shown exceptional strength, breaking through key resistance levels and establishing a clear positive trend.
- Current Trend: Positive
- SENSEX (83,756): Continue holding long positions.
- Daily Closing Stoploss: 82,450
- Fresh Short Position: Initiate if SENSEX closes below 82,450 levels.
- Support Levels: 83,111 – 82,466 – 82,115
- Resistance Levels: 84,107 – 84,457 – 85,102
NIFTY Prediction for June 27, 2025
Nifty’s strong breakout and sustained closing above significant levels indicate continued bullish momentum.
- Current Trend: Positive
- NIFTY (25,549): Continue holding long positions.
- Daily Closing Stoploss: 25,147
- Fresh Short Position: Initiate if NIFTY closes below 25,147 levels.
- Support Levels: 25,351 – 25,153 – 25,045
- Resistance Levels: 25,656 – 25,763 – 25,962
BANKNIFTY Prediction for June 27, 2025
Banknifty’s robust performance on Thursday, hitting a record high, suggests strong underlying strength in the banking sector.
- Current Trend: Positive
- BANKNIFTY (57,207): Continue holding long positions.
- Daily Closing Stoploss: 56,328
- Fresh Short Position: Initiate if Banknifty closes below 56,328 levels.
- Support Levels: 56,756 – 56,304 – 56,050
- Resistance Levels: 57,461 – 57,715 – 58,166
FINNIFTY Prediction for June 27, 2025
FINNIFTY is demonstrating an improving trend and aligning with the broader market’s positive sentiment.
- Current Trend: Positive
- FINNIFTY (27,248): Continue holding long positions.
- Daily Closing Stoploss: 26,763
- Fresh Short Position: Initiate if FINNIFTY closes below 26,763 levels.
- Support Levels: 26,971 – 26,694 – 26,540
- Resistance Levels: 27,402 – 27,556 – 27,833
FAQs – Stock Market Outlook for June 27, 2025
Q1. What were the key drivers for the market rally on June 26, 2025 ?
The market rally on June 26, 2025, was primarily fueled by easing geopolitical tensions, declining crude oil prices, and positive global market cues. Strong buying interest in banking, metal, and oil & gas sectors also significantly contributed to the upswing.
Q2. Is Nifty still in an uptrend ?
Yes, Nifty has firmly established an uptrend by closing at new highs and demonstrating robust bullish momentum. The sentiment remains strongly positive.
Q3. What’s the outlook for the banking sector ?
The banking sector, as reflected by Banknifty, showed significant strength on June 26, reaching a new all-time high. The outlook is positive, with further upside potential if it sustains above key levels.
Q4. Should traders consider long positions now ?
Given the prevailing strong bullish momentum, long positions are generally favorable. However, as always, it’s crucial to implement strict stop-losses to manage risk effectively. Consider entering on minor dips for better risk-reward.
Q5. What are the critical levels to watch for Sensex tomorrow ?
For Sensex, keep an eye on support levels at 83,111 and 82,466. On the upside, 84,107 and 84,457 are key resistance points. A decisive move above these resistance levels could signal further significant gains.