If you’re wondering whether the Indian stock market has more fuel left in the tank the answer is a resounding YES. The Sensex crossed 82,700, and the Nifty50 surged to 25,070 in morning trades, signaling unwavering bullish momentum.
With the global backdrop still shaky, India’s domestic strength is stealing the spotlight. Let’s dive into what’s powering this rally — and why this matters for traders and investors right now.
Market Pulse – Today’s Numbers
| Index | Level | Change |
|---|---|---|
| Sensex | 82,710 | 🔼 +510 pts |
| Nifty50 | 25,070 | 🔼 +185 pts |
| Bank Nifty | 54,180 | 🔼 +250 pts |
What’s Fueling the Rally?
1. FIIs Show Love
Foreign Institutional Investors (FIIs) poured in ₹2,400 crore yesterday, signaling their confidence in India amidst global volatility.
2. Strong IT & FMCG Support
Stocks like Infosys, Wipro, ITC, and HUL continue to attract massive inflows as investors bet on post-earnings resilience and steady demand.
3. Auto & Infra Pickup
Tata Motors and L&T saw upward momentum with strong volume action, thanks to easing commodity prices and urban infrastructure projects gaining speed.
4. Political Stability Buzz
With early signs pointing to policy continuity in the upcoming general elections, Dalal Street is cheering with confidence.
Today’s Expert Stock Picks
| Stock | Buy Zone | Target (₹) | Stop Loss | Rationale |
|---|---|---|---|---|
| Infosys | ₹1,540 | ₹1,630 | ₹1,500 | AI & cloud business momentum |
| Tata Motors | ₹960 | ₹1,020 | ₹930 | EV sales and export growth |
| BEL | ₹210 | ₹235 | ₹200 | Inclusion in Sensex from June 23 |
| ITC | ₹445 | ₹475 | ₹430 | FMCG diversification and dividend |
Sector Watch – Where Smart Money’s Moving
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🏗️ Infrastructure: Government-led capex keeps stocks like L&T, Adani Ports, and IRCON attractive.
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💻 Technology: Despite global tech layoffs, Indian IT firms are grabbing more offshore contracts.
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📦 FMCG: Steady demand, rural push, and monsoon forecasts make this sector a safe haven.
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🛢️ Energy: Brent crude remains under $80/barrel – a silent tailwind for many sectors.
Global Check-In
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Dow Futures: Flat with a bearish bias as the U.S. awaits economic data.
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Asia-Pacific Markets: Nikkei and Hang Seng opened mixed.
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Crude Oil: $79.20 – remains a key number to watch.
Technical Outlook – Is 25,200 the Next Stop for Nifty?
Market analysts believe if Nifty sustains above 25,000, the next key resistance lies at 25,250, with support at 24,850. A breakout above 25,200 on strong volume could trigger fresh institutional buying.
News Driving Sentiment
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Sensex Reshuffle: BEL and Trent to replace IndusInd Bank & Nestle India in Sensex from June 23.
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SEBI & NSE Fast-Tracking IPOs: 5 upcoming IPOs expected in June.
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RBI’s Growth Estimate: Revised India’s FY25 growth to 7.2% — a confidence booster for long-term investors.
Retail Investor Alert
This rally isn’t just for the institutions.
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Zerodha and Groww reported record daily trading volumes.
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Demat account openings crossed the 15 crore milestone.
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SIP inflows for April-May are at ₹17,000 crore.
Retail is back — and how!
Final Word
India is not just surviving global uncertainty; it’s thriving. With every pullback being bought into, the bulls are in no mood to pause. For smart investors, this is the time to stay alert, ride the momentum, but with proper risk control.
So whether you’re a trader watching price action or a long-term investor building wealth
