MOSt Market Round Up

Market Analysis

24 Jun 2025 | 5 Min Read

Equity benchmarks Sensex and Nifty ended slightly higher after giving up strong intra-day gains due to profit booking.

Nifty opened over 200 points higher and surged to an intra-day high of 25,317, up 345 points or 1.5%.

Metal stocks such as Tata Steel, SAIL, Hindustan Copper, and Hindalco gained 13%.

U.S. index futures and markets across Asia and Europe advanced 1-2% following the ceasefire news.

Glenmark Pharma launched TEVIMBRA drug in India, Gland Pharma received a closure report for US FDA's Inspection, and HCL Tech entered into a strategic partnership with AMD Forge.

European stock markets rose sharply, Asian equities snapped a three-day losing streak, and oil prices sank more than five percent to below $68/bbl after the ceasefire news.