Share Market News

GIFT Nifty:

GIFT Nifty June 2025 futures slipped 368.50 points in early trade, signaling a weak start for the Nifty 50 as risk-off sentiment gripped markets after Israel declared a state of emergency following strikes on Iranian nuclear and strategic sites.

In commodities, Brent crude (August 2025 contract) soared $8.07, or 11.63%, to $77.43 per barrel amid heightened geopolitical tensions.

Economy:

India's Consumer Price Index (CPI)-based inflation eased to 2.82% in May 2025, down 34 basis points from April's 3.16%, marking the lowest reading since February 2019. A key driver of the decline was food inflation, which dropped to 0.99%, the lowest since October 2021, significantly below both April's 1.78%.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth 3,831.42 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 9,393.85 crore in the Indian equity market on 12 June 2025, provisional data showed.

According to NSDL data, FPIs have sold shares worth Rs 5929.31 crore in the secondary market during June 2025. This follows their purchase of shares worth Rs 18082.82 crore in May 2024.

Global Markets:

US stock futures nosedived early Friday, with Dow Jones futures plunging 678 points, after media outlets reported that Israel had launched military strikes on Iran, specifically targeting its nuclear facilities. The reports emphasized that the US was not involved in the operation.

Israel’s Defense Minister declared a nationwide state of emergency, saying, "Following the State of Israel’s preemptive strike against Iran, a missile and drone attack against the State of Israel and its civilian population is expected in the immediate future."

Asian shares mirrored the anxiety, trading deep in the red on Friday. Crude oil prices spiked in response to the escalating geopolitical tension.

Despite the looming volatility, US indices closed higher on Thursday. The S&P 500 rose 0.38%, while the Nasdaq Composite gained 0.24% and the Dow Jones Industrial Average added 0.24%.

In economic data, the Producer Price Index (PPI) for final demand rose 0.1% in May, recovering from a revised 0.2% drop in April, according to the Bureau of Labor Statistics.

Oracle soared to record highs after the company raised its full-year revenue growth outlook, citing strong AI-related demand.

Boeing tumbled after a tragic Air India 787-8 Dreamliner crash during takeoff in Ahmedabad. The aircraft was carrying 242 passengers. GE Aerospace, which supplies the jet's GEnx-1B engines, also saw its shares slide sharply.

Domestic Market:

Domestic equity benchmarks slumped on Thursday, dragged down by shaky global cues and jittery investor sentiment. The lack of concrete progress on the U.S.-China trade front, coupled with rising tensions between the U.S. and Iran, kept market participants on edge. The Nifty slipped below the 24,900 mark, with realty, consumer durables, and energy stocks leading the slide. Volatility was heightened by the weekly expiry of the Nifty F&O series. The S&P BSE Sensex tanked 823.16 points or 1% to 81,691.98. The Nifty 50 index slumped 253.20 points or 1.01% to 24,888.20.

GIFT Nifty:

GIFT Nifty June 2025 futures were trading 25.50 points higher in early trade, suggesting a positive opening for the Nifty 50.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth 446.31 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 1,584.87 crore in the Indian equity market on 11 June 2025, provisional data showed.

According to NSDL data, FPIs have sold shares worth Rs 5449.99 crore in the secondary market during June 2025. This follows their purchase of shares worth Rs 18082.82 crore in May 2024.

Global Markets:

US Dow Jones futures were down 167 points, signaling a weak start for Wall Street.

Asian indices were mixed as investors reacted to U.S. President Donald Trump’s statement that a trade agreement with China was “done,” pending final approval from both himself and Chinese President Xi Jinping. Trump indicated that the deal would include a 55% tariff on Chinese imports, a figure later confirmed by Commerce Secretary Howard Lutnick, who stated that tariffs would remain at that level.

In the U.S., major indices closed lower overnight. The S&P 500 fell 0.3%, while the NASDAQ Composite fell 0.5%. The Dow Jones Industrial Average closed flat at 42,865.77 points.

According to Trump’s social media post, the agreement framework includes Chinese supply commitments for magnets and rare earth elements, while the U.S. would continue to permit Chinese students to attend American universities. Trump emphasized that the U.S. would maintain a 55% tariff, while China would impose a 10% tariff in return.

Separately, U.S. inflation data showed the Consumer Price Index (CPI) rose 2.4% year-over-year in May, slightly above April’s 2.3%. On a monthly basis, CPI growth eased to 0.1%. Market participants are now focused on upcoming Producer Price Index (PPI) figures and weekly jobless claims for additional signals on the health of the U.S. economy.

Domestic Market:

Key equity indices closed with minor gains on Wednesday, buoyed by positive global trade developments, including encouraging signals from US-China trade negotiations in London. The S&P BSE Sensex added 123.42 points or 0.15% to 82,515.14. The Nifty 50 index rose 37.15 points or 0.15% to 25,141.40. Sector-wise, energy, IT, and pharma shares were in demand, while banks and FMCG stocks corrected.

GIFT Nifty:

GIFT Nifty June 2025 futures were trading 14.50 points lower in early trade, suggesting a negative opening for the Nifty 50.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth 2,301.87 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 1,113.34 crore in the Indian equity market on 10 June 2025, provisional data showed.

According to NSDL data, FPIs have sold shares worth Rs 8441.03 crore in the secondary market during June 2025. This follows their purchase of shares worth Rs 18082.82 crore in May 2024.

Global Markets:

US Dow Jones futures were down 100 points, signaling a negative start for Wall Street.

Asian market edged higher on Wednesday as optimism brewed over ongoing U.S.-China trade talks, which U.S. Commerce Secretary Howard Lutnick called "productive."

Both sides confirmed they have struck a trade agreement, following two days of negotiations in London. While U.S. Treasury Secretary Scott Bessent exited the talks, Lutnick and Trade Representative Jamieson Greer stayed back to iron out the final details. Talks may stretch into Wednesday if needed, according to Lutnick.

Back on Wall Street, the mood was upbeat. The Dow ticked up 0.25%, the S&P 500 climbed 0.55%, and the Nasdaq added 0.63%, marking a three-day winning streak for the latter two. Tech stocks led the charge, with chipmakers like Nvidia rallying after reports suggested Trump may ease export curbs on semiconductors to China.

All eyes now shift to U.S. CPI data due Wednesday, expected to show a slight uptick in May’s inflation.

Domestic Market:

The domestic equity benchmarks closed virtually unchanged today as investors closely monitored ongoing US-China trade discussions. The S&P BSE Sensex shed 53.49 points or 0.06% to 82,391.72. The Nifty 50 index rose 1.05 points or 0.00% to 25,104.25. Sectoral performance was bifurcated, with IT and pharma stocks emerging as gainers. In contrast, realty and banks shares were under pressure.

GIFT Nifty:

GIFT Nifty June 2025 futures were trading 5 points higher in early trade, suggesting a flat-to-positive opening for the Nifty 50.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth 1,992.87 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 3,503.79 crore in the Indian equity market on 9 June 2025, provisional data showed.

According to NSDL data, FPIs have sold shares worth Rs 10812.43 crore in the secondary market during June 2025. This follows their purchase of shares worth Rs 18082.82 crore in May 2024.

Global Markets:

US Dow Jones futures were up 114 points, signaling a positive start for Wall Street.

Most Asian stock indices advanced on Tuesday as investors awaited further developments from the ongoing U.S.-China trade talks.

Trade discussions between the two countries resumed in London on Monday. The U.S. delegation included Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer, while the Chinese delegation was led by Vice Premier He Lifeng. The talks follow a May agreement to temporarily reduce mutual tariffs. Current discussions are focused on China's export controls on rare earth minerals and U.S. restrictions on semiconductor exports to China—both of which have significant implications for global supply chains.

In the U.S., equity market movements were subdued on Monday ahead of the upcoming consumer price index (CPI) inflation data release scheduled for Wednesday. The S&P 500 rose 0.09%, marking its second consecutive gain. The Nasdaq Composite added 0.31%, while the Dow Jones Industrial Average edged down by 1.11 points.

Domestic Market:

Domestic benchmark indices closed higher on Monday, powered by a rally in banking stocks after the Bank Nifty hit a record high during the session. Sentiment was lifted by the Reserve Bank of India's policy easing announced on Friday, and encouraging progress in U.S.-India trade talks. The S&P BSE Sensex added 256.22 points or 0.31% to 82,445.21. The Nifty 50 index rose 100.15 points or 0.40% to 25,103.20. Barring Nifty Realty, all NSE sectoral indices closed in the green.

GIFT Nifty:

GIFT Nifty June 2025 futures were trading 16 points higher in early trade, suggesting a mildly positive opening for the Nifty 50.

Shares of HDFC Bank are likely to be in focus after officials from the Lilavati Kirtilal Mehta Medical Trust, which operates Lilavati Hospital in Bandra, Mumbai, held a press conference on Saturday, 7 June. The Trust called for the suspension and prosecution of HDFC Bank’s managing director and CEO, Sashidhar Jagdishan, over alleged involvement in financial fraud and corruption related to the Trust.

In response, HDFC Bank issued an official statement denying all allegations. It further stated that Jagdishan is being targeted in an attempt to obstruct the recovery of a long-pending loan from defaulting borrowers.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth 1,009.71 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 9,342.48 crore in the Indian equity market on 6 June 2025, provisional data showed.

According to NSDL data, FPIs have sold shares worth Rs 12077.43 crore in the secondary market during June 2025. This follows their purchase of shares worth Rs 18082.82 crore in May 2024.

Global Markets:

Asian market moved higher on Monday as investors awaited trade discussions between the United States and China, and reviewed the latest economic data from China and Japan.

China's consumer price index declined 0.1% year-on-year in May, unchanged from the previous month, according to government data released Monday. The producer price index fell 3.3% year-on-year, marking the sharpest decline in 22 months and following a 2.7% decrease in April.

Japan's gross domestic product contracted 0.2% year-on-year in the January–March quarter. While better than the preliminary estimate of a 0.7% decline, it reflected a reversal from 2.4% growth in the previous quarter.

Reports indicated that China granted temporary approvals for rare earth exports, and Boeing resumed commercial aircraft deliveries to China.

In the United States, equities closed higher on Friday following the release of nonfarm payroll data and news of upcoming trade talks. The US economy added 139,000 jobs in May, down from April’s revised figure of 147,000. March payrolls were also revised lower to 120,000.

Average hourly earnings increased by 0.1% on a monthly basis in May, resulting in a 0.4% annual pace, reflecting ongoing wage pressures.

President Donald Trump stated that Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and US Trade Representative Jamieson Greer would meet Chinese officials in London on Monday to discuss trade matters.

Domestic Market:

Equity markets surged for the third straight session on Friday, riding high on a bigger-than-expected rate cut by the RBI, coupled with a CRR reduction. The rally was further boosted by upbeat cues from Asian markets. The S&P BSE Sensex surged 746.95 points or 0.92% to 82,188.99. The Nifty 50 index jumped 252.15 points or 1.02% to 25,003.05. In the three trading sessions, the Sensex and Nifty have risen 1.8% and 1.88%, respectively.

GIFT Nifty:

GIFT Nifty June 2025 futures were trading 14 points higher in early trade, suggesting a mildly positive opening for the Nifty 50.

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) will announce its decision on the key interest rate today (June 6), following the conclusion of its three-day meeting that began on June 4. RBI Governor Sanjay Malhotra is expected to deliver the announcement at 10 a.m.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth 208.47 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 2,382.40 crore in the Indian equity market on 5 June 2025, provisional data showed.

According to NSDL data, FPIs have sold shares worth Rs 12167.54 crore in the secondary market during June 2025. This follows their purchase of shares worth Rs 18082.82 crore in May 2024.

Global Markets:

US Dow Jones futures were up 106 points, signaling a positive start for Wall Street.

Asian stocks traded higher after a 90-minute phone call between US President Donald Trump and Chinese President Xi Jinping sparked hopes of renewed trade talks. The discussion, centered on rare earth exports, ended with both leaders agreeing to resume negotiations. A US delegation including Scott Bessent, Howard Lutnick, and Jamieson Greer will soon head to China to pick up the dialogue.

Trump called the conversation "very good," and both sides even exchanged invitations for state visits.

Back on Wall Street, however, the mood was less upbeat. All three major US indices closed lower overnight. The S&P 500 dropped 0.53%, dragged down by a sharp fall in Tesla shares. The Nasdaq slid 0.83%, and the Dow shed 0.25%.

Tesla plunged over 8% after tensions between Trump and Elon Musk took center stage. Trump said he was "very disappointed" with Musk, following the Tesla CEO’s public criticism of Trump’s much-touted policy bill. Musk didn’t hold back either, snapping back with, "Without me, Trump would’ve lost."

Meanwhile, fresh US labor data showed initial jobless claims climbed to 247,000 last week, up from a revised 239,000. Private sector job growth also slowed, with just 37,000 jobs added in May compared to 60,000 in April.

These figures set the stage for Friday’s crucial nonfarm payrolls report, one that could shape the Fed’s next move.

Domestic Market:

The domestic equity indices closed with strong gains Thursday, extending their rally for a second straight session. The uptrend was driven by positive global cues and the return of foreign fund inflows after recent outflows. Traders also positioned themselves ahead of the RBI’s monetary policy decision due on Friday (6 June). Volatility remained high due to the weekly expiry of the Nifty F&O series. The S&P BSE Sensex advanced 443.79 points or 0.55% to 81,442.04. The Nifty 50 index jumped 130.70 points or 0.53% to 24,750.90. In the two straight sessions, the Sensex and Nifty jumped 0.87% and 0.85%, respectively.

GIFT Nifty:

GIFT Nifty June 2025 futures were trading 4.50 points lower in early trade, suggesting a flat-to-negative opening for the Nifty 50.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth 1,076.18 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 2,566.82 crore in the Indian equity market on 4 June 2025, provisional data showed.

According to NSDL data, FPIs have sold shares worth Rs 13770.95 crore in the secondary market during June 2025. This follows their purchase of shares worth Rs 18082.82 crore in May 2024.

Global Markets:

Most Asian indices rose on Thursday, with the South Korean market extending gains from the previous session. Investor attention remained on a potential call between U.S. President Donald Trump and Chinese President Xi Jinping, which the White House indicated could take place this week. Optimism surrounding the potential dialogue contributed to gains on Wall Street earlier in the week.

On Wednesday, U.S. markets closed mixed. The Dow Jones Industrial Average declined by 0.22%, while the S&P 500 inched up 0.01% and the Nasdaq Composite gained 0.32%, supported by strength in technology stocks.

Meanwhile, private sector hiring in the U.S. fell to its lowest level in over two years. Data from payroll processor ADP showed that payrolls increased by only 37,000 in May, compared to a revised 60,000 in April. The report has heightened concerns about the impact of trade-related uncertainty on the U.S. economy. The data precedes the release of the official nonfarm payrolls report for May, scheduled for Friday, which investors now expect to show further weakness.

Domestic Market:

Benchmark indices snapped a three-day losing streak and closed higher Wednesday, with the Nifty reclaiming the 24,600 mark, supported by broad-based buying across sectors. Positive cues from global markets and optimism over a possible breakthrough in US-China trade talks helped boost sentiment. However, caution lingered ahead of the RBI policy decision due on Friday, June 6. Persistent FII outflows and a stronger dollar index, which climbed above 99.00, also kept gains in check. The S&P BSE Sensex advanced 260.74 points or 0.32% to 80,998.25. The Nifty 50 index added 77.70 points or 0.32% to 24,620.20. In the previous three sessions, the Sensex and Nifty declined 1.1% and 1.17%, respectively.

GIFT Nifty:

GIFT Nifty June 2025 futures were trading 10 points higher in early trade, suggesting a flat-to-positive opening for the Nifty 50.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth 2,853.83 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 5,907.97 crore in the Indian equity market on 3 June 2025, provisional data showed.

According to NSDL data, FPIs have sold shares worth Rs 10376.45 crore in the secondary market during June 2025. This follows their purchase of shares worth Rs 18082.82 crore in May 2024.

Global Markets:

Asian shares climbed following a tech-led rally on Wall Street, with Nvidia once again in the spotlight. South Korean stocks led the charge after opposition leader Lee Jae-myung won the presidential election. The Kospi surged over 2%, hitting its highest level since August 2024, as markets cheered expectations of bold fiscal stimulus and a more pragmatic stance on international trade.

Over in Australia, GDP growth came in at 1.3% year-on-year for Q1 2025. It's the same pace as the previous quarter, signaling steady but subdued momentum.

In the US, all three major indices closed higher. The S&P 500 rose 0.58%, the Dow added 0.51%, and the Nasdaq outperformed with a 0.81% gain. Nvidia shares jumped more than 2% as investors continued to digest last week’s blockbuster earnings.

On the policy front, President Trump signed off on higher tariffs, doubling duties on steel and aluminum imports to 50%. He cited the move as a step to deter dumping and strengthen US producers. Notably, the UK was granted an exemption, sticking to the previous 25% rate under a trade deal signed in May.

Labor market data also impressed. The latest JOLTS report showed job openings at 7.39 million, topping estimates of 7.11 million and up from 7.2 million in the previous month. All eyes now turn to Friday’s non-farm payrolls for the next big clue on the Fed’s rate path.

Domestic Market:

Equity benchmarks ended deep in the red on Tuesday, marking their third consecutive day of losses. The mood on Dalal Street turned sour as global trade tensions escalated following the U.S. decision to hike tariffs on steel and aluminium. The move spooked investors, especially given its implications for Indian exporters. Adding fuel to the fire, weak manufacturing data from both the U.S. and China pointed to cooling global demand. The S&P BSE Sensex declined 636.24 points or 0.78% to 80,737.51. The Nifty 50 index dropped 174.10 points or 0.70% to 24,542.50. In the three consecutive sessions, the Sensex and Nifty declined 1.1% and 1.17%, respectively.

GIFT Nifty:

GIFT Nifty June 2025 futures were trading 47 points lower in early trade, suggesting a negative opening for the Nifty 50.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth 2,589.47 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 5,313.76 crore in the Indian equity market on 2 June 2025, provisional data showed.

According to NSDL data, FPIs have sold shares worth Rs 8219.15 crore in the secondary market during June 2025. This follows their purchase of shares worth Rs 18082.82 crore in May 2024.

Global Markets:

US Dow Jones futures were down 108 points, signaling a weak start for Wall Street.

Most Asian stocks advanced on Tuesday, tracking overnight gains across all three major U.S. stock indices, despite ongoing global trade tensions. South Korean markets remained closed due to polling day.

China responded to U.S. allegations of violating a temporary trade agreement, stating that the United States had failed to uphold its side of the deal. The exchange highlights increasing strain in trade negotiations between the two countries.

Separately, the European Union criticized U.S. President Donald Trump's proposal to raise steel tariffs to 50%, arguing that the move could disrupt ongoing EU-U.S. trade discussions. An EU spokesperson reportedly indicated that the bloc is prepared to implement countermeasures if necessary.

China's Caixin/S&P Global manufacturing purchasing managers’ index (PMI) declined to 48.3 in May from 50.4 in April, marking its first drop below the 50-point threshold, indicating contraction, since September of the previous year.

In the U.S., stock indices closed higher on Monday, supported by gains in technology stocks and a surge in the energy sector following a rise in oil prices. Domestic steel and aluminum stocks also climbed on expectations of benefits from potential tariff increases. The S&P 500 rose 0.41%, the Nasdaq Composite gained 0.67%, and the Dow Jones Industrial Average edged up 0.08%.

Domestic Market:

Equity benchmarks ended marginally lower Monday as global trade jitters resurfaced after U.S. President Donald Trump hinted at hiking tariffs on imported steel and aluminium to 50%, effective June 4. The Nifty closed below the 24,750 mark. Losses in metal and IT stocks outweighed the optimism sparked by upbeat domestic economic data. The S&P BSE Sensex declined 77.26 points or 0.09% to 81,373.75. The Nifty 50 index fell 34.10 points or 0.14% to 24,716.60.

GIFT Nifty:

GIFT Nifty June 2025 futures were trading 64 points lower in early trade, suggesting a negative opening for the Nifty 50.

Economy:

India's GDP growth touched a four-quarter high of 7.4% in Q4 FY25, with full-year growth ending at 6.5%, according to data released by the government post market hours Friday. The GDP growth, higher than the previous quarter of 6.4%, was lower than the 8.4% growth logged in Q4 FY24.

Meanwhile, India’s fiscal deficit for FY25 stood at 4.8% of GDP, meeting the revised estimate, according to data released by the Comptroller General of Accounts on Friday. The central government’s fiscal deficit stood at Rs 15.77 lakh crore, or 100.5% of the revised annual target, compared with 95.4% a year before.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth 6,449.74 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 9,095.91 crore in the Indian equity market on 30 May 2025, provisional data showed.

According to NSDL data, FPIs have bought shares worth Rs 18082.82 crore in the secondary market during May 2025. This follows their purchase of shares worth Rs 3243.03 crore in April 2024.

Global Markets:

US Dow Jones futures were down 124 points, signaling a weak start for Wall Street.

Asian shares were trading lower Monday after U.S. President Donald Trump announced a fresh tariff hike on steel imports, sending jitters across global markets. Speaking to U.S. steelworkers late Friday, Trump said he would double tariffs on steel from 25% to 50%, effective Wednesday, June 4.

Markets in China, Malaysia, and New Zealand were closed for holidays, muting some of the early regional reactions.

Trump also took to Truth Social to confirm the June 4 rollout, claiming the hike was in response to China’s alleged breach of a recent trade agreement. He didn’t elaborate on how the deal was violated but added that he plans to speak with Chinese President Xi Jinping “soon.”

Wall Street ended last week on a mixed note. The S&P 500 was nearly flat, inching down 0.01% to close a strong month. The Nasdaq Composite slipped 0.32%, while the Dow Jones eked out a 0.13% gain.

Commerce Secretary Howard Lutnick backed the tariff decision over the weekend, saying the measures were “not going anywhere”, even as they face stiff legal resistance. A federal trade court had recently blocked much of Trump’s tariff plans, but an appeals court swiftly reinstated them. The case now looks poised to head to the Supreme Court.

Trump, undeterred, hinted he’d use alternative mechanisms to enforce the tariffs if necessary. This legal showdown is unfolding just weeks ahead of a key July deadline to ink new trade deals. If those talks fall through, Trump has threatened sweeping new tariffs on several major economies.

Domestic Market:

Domestic equity benchmarks closed with modest losses Friday as investors adopted a cautious stance ahead of India's GDP data release. Sentiment was also weighed down by global trade uncertainties after a U.S. federal appeals court upheld tariff measures introduced during President Trump’s tenure. The S&P BSE Sensex declined 182.01 points or 0.22% to 81,451.01. The Nifty 50 index shed 82.90 points or 0.33% to 24,750.70.

GIFT Nifty:

GIFT Nifty June 2025 futures were trading 8 points higher in early trade, suggesting a flat-to-positive opening for the Nifty 50.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth 884.03 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 4,286.50 crore in the Indian equity market on 29 May 2025, provisional data showed.

According to NSDL data, FPIs have bought shares worth Rs 19842.55 crore in the secondary market during May 2025 (so far). This follows their purchase of shares worth Rs 3243.03 crore in April 2024.

Global Markets:

Asian shares traded lower on Friday as investor sentiment remained cautious amid signs of a slowing U.S. economy, persistent inflation concerns, and uncertainty surrounding recent judicial developments linked to U.S. President Donald Trump’s tariff policies.

On Wednesday, the U.S. Court of International Trade ruled that Trump had exceeded his authority in imposing the so-called “reciprocal” tariffs and ordered them to be vacated. In response, the Trump administration filed an appeal, and by Thursday afternoon, an appellate court reinstated the levies. The administration indicated it may approach the Supreme Court as early as Friday to pause the lower court’s decision.

In regional economic data, Japan’s core consumer price index, excluding fresh food, rose 3.6% year-on-year in May, slightly higher than April’s 3.4%, according to the Statistics Bureau. The country’s unemployment rate remained unchanged at 2.5% in April.

South Korea reported a 0.9% decline in industrial production for April on a seasonally adjusted basis, following a 2.9% increase in March, according to data released by Statistics Korea.

Despite the uncertainty, U.S. markets closed slightly higher overnight. The S&P 500 rose 0.4%, the Nasdaq Composite added 0.39%, and the Dow Jones Industrial Average gained 0.28%. However, gains were limited by investor caution surrounding the ongoing legal proceedings related to the tariffs.

Domestic Market:

Domestic equity benchmarks bounced back with modest gains Thursday, halting a two-day losing run. The mood turned upbeat after a U.S. federal court struck down President Donald Trump’s proposed Liberation Day tariffs, triggering a relief rally across global markets. Back home, the session remained choppy thanks to the monthly expiry of the Nifty F&O series. Still, a cocktail of positive factors, including a stronger monsoon outlook, easing inflation expectations, and optimism around Q4 GDP growth, kept investor spirits high. The S&P BSE Sensex added 320.70 points or 0.39% to 81,633.02. The Nifty 50 index rose 81.15 points or 0.33% to 24,833.60.

GIFT Nifty:

GIFT Nifty June 2025 futures were trading 82.50 points higher in early trade, suggesting a strong opening for the Nifty 50.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth 4,662.92 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 7,911.99 crore in the Indian equity market on 28 May 2025, provisional data showed.

According to NSDL data, FPIs have bought shares worth Rs 15216.12 crore in the secondary market during May 2025 (so far). This follows their purchase of shares worth Rs 3243.03 crore in April 2024.

Global Markets:

US Dow Jones futures surged 561 points early Thursday, setting the stage for a buoyant open on Wall Street.

Asian shares mostly followed suit, climbing higher after a US federal court delivered a significant blow to President Donald Trump's sweeping "reciprocal" tariffs. The court ruled that Trump had overstepped his authority by imposing tariffs on over 180 countries and territories back in April.

The decision came from a three-judge panel at the US Court of International Trade. They found that the 1977 International Emergency Economic Powers Act (IEEPA), the legal crutch Trump leaned on, didn't give the president free rein to roll out such broad trade measures. The court issued a permanent halt to the tariffs named in the case and blocked any future tweaks. The Trump administration now has 10 days to make the necessary changes but has already appealed the decision to the US Court of Appeals for the Federal Circuit.

Meanwhile, South Korea's central bank, the Bank of Korea, cut its benchmark interest rate from 2.75% to 2.5%, marking its lowest level since August 2022.

Investors in Asia are also keeping a close watch on chipmakers after Nvidia’s strong earnings. The GPU giant beat expectations on both top and bottom lines, driven by a 73% year-over-year surge in its data center business.

Back in the US, stock markets closed lower on Wednesday. The S&P 500 dipped 0.56%, the Nasdaq fell 0.51%, and the Dow Jones lost 0.58% as investors digested earnings and the latest Fed minutes.

Speaking of which, the Fed’s May 6-7 meeting minutes hinted at a looming policy dilemma. Officials acknowledged that they may soon face some tough calls if inflation and unemployment start rising together. The Fed might be forced to choose between fighting inflation with higher rates or supporting growth and jobs by cutting them.

Domestic Market:

Domestic equity benchmarks ended slightly lower Wednesday, weighed down by rising US Treasury yields and escalating trade tensions between the United States and the European Union. Foreign Institutional Investors (FIIs) remained largely inactive, while elevated market valuations continued to limit the scope for fresh buying. The Nifty 50 closed below the 24,800 level, with the broader market displaying a range-bound trend, slightly skewed to the downside. FMCG, auto and pharma shares dragged. The S&P BSE Sensex slipped 239.31 points or 0.29% to 81,312.32. The Nifty 50 index fell 73.75 points or 0.30% to 24,752.45.

GIFT Nifty:

GIFT Nifty June 2025 futures were trading 17 points lower in early trade, suggesting a negative opening for the Nifty 50.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth 348.45 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 10,104.66 crore in the Indian equity market on 27 May 2025, provisional data showed.

According to NSDL data, FPIs have bought shares worth Rs 14956.92 crore in the secondary market during May 2025 (so far). This follows their purchase of shares worth Rs 3243.03 crore in April 2024.

Global Markets:

Asian market had a mixed start on Wednesday. Australia's inflation held steady at 2.4% in April, no change since February, while New Zealand's central bank surprised with a rate cut, trimming the benchmark to 3.25%.

Across the Pacific, Wall Street lit up on Tuesday. A decision by Trump to delay slapping 50% tariffs on the EU helped revive risk appetite, and investor mood got another lift from a sharp jump in US consumer confidence. After five straight months of decline, confidence snapped back hard in May.

The Dow Jones Industrial Average climbed 1.78%, the S&P 500 jumped 2.05%, and the Nasdaq surged 2.47%, powered by tech heavyweights like Tesla. All three indexes ended a four-day losing streak in style.

This market rebound is also riding on hopes of easing trade tensions between the US and China, as the Trump administration works to ink deals with multiple key economies.

All eyes are now on NVIDIA, which is set to report Q1 earnings after the closing bell on Wednesday. Analysts are betting on a strong showing. The chipmaker's stock rallied 3.2% during the session and held steady in after-hours trading.

Meanwhile, the Conference Board reported that US consumer confidence soared in May, with the index jumping to 98 from April's 85.7, a level not seen since May 2020.

Domestic Market:

The domestic equity benchmarks declined sharply on Tuesday, ending their two-day winning streak. A mixed trend across Asian markets sparked profit booking in Indian equities. The Nifty50 once again struggled to break past the 25,000 mark, highlighting the lack of fresh positive triggers. Auto, IT, and FMCG stocks were among the biggest drags on the indices. However, mid- and small-cap stocks held up relatively well, buoyed by a cooling in premium valuations. The S&P BSE Sensex tanked 624.82 points or 0.76% to 81,551.63. The Nifty 50 index slipped 174.95 points or 0.70% to 24,826.20.

GIFT Nifty:

GIFT Nifty June 2025 futures were trading 23 points lower in early trade, suggesting a negative opening for the Nifty 50.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth 135.98 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 1,745.72 crore in the Indian equity market on 26 May 2025, provisional data showed.

According to NSDL data, FPIs have bought shares worth Rs 13410.37 crore in the secondary market during May 2025 (so far). This follows their purchase of shares worth Rs 3243.03 crore in April 2024.

Global Markets:

US Dow Jones futures jumped 342 points early Tuesday, hinting at a strong start for Wall Street after a long weekend break. The US stock market was shut on Monday for Memorial Day.

Over in Asia, stocks were mostly in the red as investors digested fresh signals on global trade. President Trump has decided to hold off on slapping 50% tariffs on EU imports, keeping markets on edge.

Japan’s Nikkei slipped after Bank of Japan Governor Kazuo Ueda highlighted risks from sticky inflation. He hinted that more rate hikes could be on the table if the economy picks up steam.

China, meanwhile, offered a glimmer of optimism. Industrial profits rose 3% year-on-year in April, beating March’s 2.6% growth. For the first four months of the year, profits are up 1.4%, according to the National Bureau of Statistics.

Domestic Market:

The key equity benchmarks closed sharply higher on Monday, notching up gains for the second straight session. The rally was fueled by the Reserve Bank of India's record dividend payout, which is likely to ease fiscal stress. Investor sentiment was further lifted by news of India becoming the world’s fourth-largest economy. However, the upside was somewhat capped amid concerns over potential geopolitical tensions and trade-related risks from the US. The S&P BSE Sensex added 455.37 points or 0.56% to 82,176.45. The Nifty 50 index advanced 148 points or 0.60% to 25,001.15. In two trading sessions, the Sensex and Nifty have jumped 1.51% and 1.59%, respectively.

GIFT Nifty:

GIFT Nifty June 2025 futures were trading 95 points higher in early trade, suggesting a positive opening for the Nifty 50.

Economy:

The Reserve Bank of India (RBI) on Friday handed the government a whopping Rs 2.68 lakh crore in surplus for FY25, 27% more than last year and even higher than what the Union Budget had estimated. Analysts suggest that this additional amount could support the government’s objective of reducing the fiscal deficit to 4.4% for the current financial year.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth 1,794.59 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 299.78 crore in the Indian equity market on 23 May 2025, provisional data showed.

According to NSDL data, FPIs have bought shares worth Rs 12819.06 crore in the secondary market during May 2025 (so far). This follows their purchase of shares worth Rs 3243.03 crore in April 2024.

Global Markets:

The US Dow Jones index futures were currently up by 353 points, signaling a strong opening for US stocks today.

Asian stocks were mixed on Monday after U.S. President Donald Trump issued and then softened threats of increased tariffs on European imports over the weekend. Japanese equities extended recent gains, while technology shares across the region, particularly those supplying Apple Inc., declined.

Investor sentiment was weighed down by concerns that Trump may impose a 25% tariff on all iPhones and other smartphones manufactured overseas. The remarks added pressure to tech stocks in Asia, many of which are key suppliers in Apple's global production chain.

Broader Asian markets also tracked the losses seen on Wall Street last Friday, when Trump initially announced plans to impose 50% tariffs on European Union goods. However, on Sunday, he stated that implementation would be delayed until July 9.

Reports indicate that Japanese trade officials will visit Washington in early June for a fourth round of bilateral trade discussions. Despite ongoing talks, Japan has maintained its position that the United States should remove all existing tariffs on Japanese exports.

U.S. market ended lower on Friday following the renewed trade rhetoric. The Dow Jones Industrial Average fell 0.61%, the S&P 500 dropped 0.67%, and the NASDAQ Composite declined 1%.

In a post on Truth Social, Trump stated that he would recommend a 50% tariff on all EU imports starting June 1, citing a lack of progress in trade negotiations. He wrote, "The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very difficult to deal with," Trump said on Truth Social social media site. "Our discussions with them are going nowhere!"

Earlier in the year, the administration had imposed a series of tariffs on EU goods, including a 25% duty on automobiles, steel, and aluminium in March, followed by a 20% tariff on additional products in April. These were later reduced temporarily to allow space for further negotiations. In response, the EU suspended planned retaliatory tariffs and proposed eliminating duties on all industrial goods traded between the two sides.

Trump also announced that iPhones sold in the U.S. would need to be manufactured domestically or face a 25% import tariff. This marked the first time in 2025 that a specific company has been singled out in U.S. trade policy. Apple shares fell more than 3% in premarket trading, contributing to a broader decline in technology stocks.

Domestic Market:

The domestic equities ended on a high note Friday, with benchmark indices clocking solid gains. The Nifty sailed past the 24,850 level, lifted by strong performances in FMCG and IT stocks. FMCG shares rallied on the back of upbeat monsoon forecasts, while IT stocks staged a smart comeback after a recent dip. Investor sentiment also got a boost from expectations of a record-high dividend payout by the RBI for FY25. The decision, expected at the central bank's board meeting on 23 May 2025, has fueled optimism around fiscal consolidation. The S&P BSE Sensex zoomed 769.09 points or 0.95% to 81,721.08. The Nifty 50 index jumped 243.45 points or 0.99% to 24,853.15.