The Indian stock market started the week carefully, with the Sensex dropping 452 points to close at 83,606.46, down 0.54%. Despite strong global cues and recent bullish momentum, domestic markets witnessed profit booking, especially in heavyweight stocks that had driven the recent rally.
Trent Ltd Surges Over 3% Despite Market Weakness
Retail major Trent Ltd was the top gainer of the day, rising 3.34% to close at ₹6,219.15. The stock saw strong buying interest, aided by its consistent financial performance and positive retail outlook.
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- Market Cap: ₹2,21,082 Cr | P/E Ratio: 139.51
- 52-week low: ₹4,491.75 | High: ₹8,345.85
- Sector: Speciality Retail
Institutional Buying Helps State Bank of India Grow
SBI added 1.86% to end at ₹820.35. The public sector banking heavyweight saw steady buying interest amid expectations of stable earnings growth and favorable macro trends in the lending space.
- Market Cap: ₹7,32,131 Cr | P/E Ratio: 10.03
- 52-week low: ₹679.65 | High: ₹898.80
- Sector: Public Sector Bank
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Bharat Electronics Continues Its Uptrend
Bharat Electronics Ltd (BEL) gained 1.63%, closing at ₹421.70. Defense and PSU segments remained in focus amid continued government push for indigenization and robust order inflows.
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Tech Mahindra Manages Mild Gains
Despite tech underperformance in recent sessions, Tech Mahindra edged up 0.73% to close at ₹1,687.30. The stock is attracting attention due to its turnaround initiatives and potential demand recovery in telecom IT services.
- Market Cap: ₹1,65,221 Cr | P/E Ratio: 47.37
- 52-week low: ₹1,209.70 | High: ₹1,807.40
- Sector: Software & Consulting
While today’s session saw some caution return to markets, analysts believe the correction is healthy after the recent uptrend. Investor focus will remain on global macro updates, FII flows, and the start of the Q1 earnings season later in July.
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.
Also read: Delhivery Limited Receives ₹1.37 Crore Income Tax Penalty Order, Plans to Contest Decision
Published on: June 30, 2025 / M Vishnu
Blue-Chip Buying Lifts Markets: Asian Paints, Power Grid, ICICI Bank Rally on June 27
Indian markets extended their rally for the fourth consecutive session as Sensex closed at 84,058 on June 27. Key gainers included Asian Paints, UltraTech Cement and ICICI Bank.
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