The Indian equity market opened the day with cautious optimism as frontline indices showed mild early gains. Investors responded to global cues and domestic triggers with a balanced approach, leading to a steady close. While the broader market remained resilient, it was a selective rally led by life insurance and defense stocks that added strength to the session. Financial and cement stocks also showed notable traction as sector-specific fundamentals continued to draw investor interest.
Among the standout performers was Bharat Electronics Limited (BEL), which hit a new 52-week high of ₹404.50 during the session before settling at ₹403.85 — a gain of 2.49%. The stock saw a massive traded volume of over 320 lakh shares, with total traded value crossing ₹1,280 crore. The sharp upward movement came amid rising defense sector demand and bullish sentiment around PSU stocks. BEL’s adjusted P/E stood at 54.50, while its market cap climbed to nearly ₹2.95 lakh crore. With strong delivery percentages and low impact cost, BEL attracted institutional interest, pushing it into new territory.
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Another notable gainer was HDFC Life Insurance, which rose by 2.34% to close at ₹770.55. The stock remained strong throughout the session, supported by long-term buying interest and strong sector outlook. It touched an intraday high of ₹773.30 and traded close to its upper band with delivery volume at 43%. HDFC Life’s total market cap now stands at over ₹1.66 lakh crore, and its adjusted P/E is at a premium level of 89.52, reflecting strong future growth expectations in the insurance space.
SBI Life Insurance also joined the uptrend, gaining 2.27% and closing at ₹1,797.80. The stock touched a high of ₹1,800 during the day and maintained steady buying interest from institutional investors. With its market cap nearing ₹1.80 lakh crore and a P/E ratio of 72.89, SBI Life remains one of the key players in the life insurance sector. Deliverable volumes were significant, and its position in the Nifty 50 kept it in focus among portfolio managers.
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Meanwhile, UltraTech Cement posted a gain of 2.20% to end at ₹11,495, building on recent momentum in infrastructure and building materials. The stock had an intraday high of ₹11,518 and traded in a tight range before closing with strength. It saw a traded value of over ₹459 crore and delivery percentage close to 68%.
Despite pockets of volatility during intraday trades, the broader indices maintained their ground. The Nifty 50 hovered around the 25,000 mark, while global markets remained mixed. The market’s cautious tone was evident, but selective sectoral strength offered much-needed support. As the trading week progresses, all eyes will be on global macroeconomic data and domestic economic cues for directional clarity.
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Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.
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Published on: June 15, 2025 / M Vishnu
🛣 Gorakhpur Link Expressway Inauguration on 17th
UP CM Yogi Adityanath is set to inaugurate the 91 km Gorakhpur Link Expressway today, enhancing connectivity between eastern UP and the Purvanchal Expressway, reducing travel time to Lucknow significantly.
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