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Sensex Today | Stock Market LIVE Updates: Nifty crosses 25,200 for the first time after October 2024 led by RIL, ICICI Bank, Infosys

Published on 11/06/2025 12:09 PM

The Reliance Industries stocks carried the Nifty 50 index as it traded in green with gains. The company shares jumped in value by ₹25.30 or 1.76%, rising to ₹1,463.60, an 8-month high.

 

 

The Indian rupee appreciated by 6 paise to 85.51 against the US dollar in early trade on Wednesday (June 11), supported by strong foreign institutional investor (FII) inflows and a drop in global crude oil prices. here

Nifty crosses 25,200 intra-day, above 25,200 for the first time since October 15, 2024. Reliance Industries is the biggest contributor to Nifty’s gains, up nearly 2% today.

#JustIN | #RekhaJhunjhunwala sells 17.38 lk shares (1.98% eq) of #NazaraTech from June 2-6, stake falls to 5.07% from 7.05% pic.twitter.com/EGIax9fxuD

— CNBC-TV18 (@CNBCTV18Live) June 11, 2025

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HSBC Global Research remains positive on life insurance stocks, citing low earnings risks and supportive valuations. The brokerage raised price targets by up to 8% on SBI Life, HDFC Life, and ICICI Prudential, despite their recent rally. here

Bluespring On CNBC-TV18

#CustomsDept probing duty evasion under ASEAN-India free trade agmt, notices sent to 2,000 #copper importers for paying low duty for several yrs

Sources to @TimsyJaipuria pic.twitter.com/WxwK4ummNq

— CNBC-TV18 (@CNBCTV18Live) June 11, 2025

According to Prime Database, the IPO pipeline is now larger than ever. A total of 72 companies have already received SEBI clearance for IPOs. These approvals represent a potential fundraising of ₹1.4 lakh crore.

Prashant Paroda of Allspring Global Investments expects India to capture over 20% of emerging market fund flows, with nearly 30% of that likely going to financial stocks. He sees Indian banks and financial institutions entering a catch-up phase after years of underperformance. here

 #NewListing | #Bluespring & #Digitide‘s discovered price for listing at ₹89/sh & ₹245/sh respectively

????Alert: Bluespring & Digitide listed on exchanges after #demerger from #QuessCorp pic.twitter.com/8cXHdDhcS2

— CNBC-TV18 (@CNBCTV18Live) June 11, 2025

Autocar India On Short Supply Of Rare-Earth Magnet 

Rare-earth Magnet Supply Disruption Is A Major Issue That Ind Is Facing

EV Players Will Be Impacted The  Most By Rare-earth Magnet Issue

There Are Multiple Regions Of  PV Growth Tapering Off

Unrealistic To Expect High Single-digit Or Double-digit PV Growth On A High Base

 

United Automobiles

 

Have 52-53 Days Of Inventory  At The Industry Level

Industry Would Start Facing The Issue From September If It’s Not Resolved

Bigger Sale Numbers For EVs Will Start Reflecting In 2026

Industry Would Start Facing The Issue From September If It’s Not Resolved

There Are Multiple Regions Of PV Growth Tapering Off

Unrealistic To Expect High Single-digit Or Double-digit PV Growth On A High Base

Most OEMs Will Have EV In Their Portfolio In 2025

Bigger Sale Numbers For EVs Will start Reflecting In 2026

Talbros Automotive shares jumped up to 8% on June 11 after the company and its joint ventures secured orders worth ₹580 crore from major OEMs. Talbros alone received ₹260 crore in orders, including ₹150 crore in exports, mainly to Europe. The orders span its sealing (gaskets and heat shields) and forging product segments. here

The shares of Oil Marketing Companies, or OMCs surged on Wednesday.

Indian Oil Corporation Ltd shares surged by 2.32%

The shares of BPCL rose by 3.55%

Oil and Natural Gas Corporation Ltd shares jumped by 1.44%

Hindustan Petroleum Corp Ltd shares jumped by 3.30%

 

Shares of GM Breweries and Sula Vineyards jumped up to 17% on June 11, while peers like United Spirits and Allied Blenders declined. The moves follow Maharashtra’s decision to hike excise duty on Indian Made Foreign Liquor, raising the duty calculation to 4.5 times the production cost from 3 times earlier. here

Harshit Kapadia, Vice President, Elara

My top picks are RITES Ltd. We also like RVNL as a house. We like Titagarh Rail. We also like BEML, still there is still some steam left. On a long-term basis, Siemens is what we would prefer.

here

Shares of Zomato’s parent Eternal Ltd. gained as much as 2% on Wednesday, June 11, after a large trade took place in a pre-market block window.

From Moneycontrol | Centre mulls levying Merchant Discount Rate on UPI transactions worth over ₹3,000.

The government may permit lenders to levy MDR on transaction value instead of merchant turnover.

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