Markets Surge at Midday: Nifty and Sensex Both Up Over 1%

1 min read     Updated on 24 Jun 2025, 12:02 PM
scanxBy ScanX News Team
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Overview

Indian stock markets show strong positive momentum at midday on June 24, 2025. Nifty 50 up 1.27% at 25,288.65, BSE Sensex up 1.30% at 82,957.50. Capital Goods - Electrical Equipment leads sectoral gains at 8.62%, while Aerospace & Defense underperforms at -2.06%. KPIT Technologies drops 4.93% on business uncertainties, while Enviro Infra Engineers surges 12.61% on positive developments.

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*this image is generated using AI for illustrative purposes only.

Market Overview

The Indian stock markets are showing strong positive momentum as we reach the midday point on June 24, 2025. Both major indices, the Nifty 50 and BSE Sensex, are trading significantly higher compared to their previous close.

The Nifty 50 is currently trading at 25,288.65, up 316.75 points or 1.27% from its previous close of 24,971.90. Similarly, the BSE Sensex has surged to 82,957.50, marking a substantial increase of 1,060.71 points or 1.30% from its last close of 81,896.79.

Sectoral Performance

Top Performing Sectors

Sector Avg. Per Change
Capital Goods - Electrical Equipment 8.62%
Castings, Forgings & Fasteners 3.12%
Aviation 2.99%
Printing & Stationery 2.60%
Utilities 2.07%

Underperforming Sector

The Aerospace & Defense sector is facing headwinds today, with an average percentage change of -2.06%.

Buzzing Stocks

KPIT Technologies

KPIT Technologies' stock has fallen over 5% following a mid-quarter update that highlighted business uncertainties. The company reported:

  • Strong pipeline but slower conversions
  • Challenges in ramp-ups and revenue cannibalization
  • Positive signs in Europe, but uncertainties in USA and Asia
  • No expected one-time gains in Q1 FY26
  • Anticipated forex-related deficits

Additionally, KPIT's board has approved a 100% acquisition of Caresoft's Global Engineering Solutions business, aiming to strengthen its presence in the Trucks and Off-highway segment and expand into China.

Current trading price: ₹1,321.80 (-4.93%)

Enviro Infra Engineers

Enviro Infra Engineers' share price has surged by 11.15% following positive developments:

  • Subsidiary acquired a 49% stake in Soltrix Energy Solution
  • Received a Letter of Intent for a 40 MW solar project in Odisha worth ₹115.60 crore
  • Secured new EPC contracts valued at ₹306.30 crore for sewage treatment infrastructure in Chhattisgarh municipalities

Current trading price: ₹238.10 (+12.61%)

Conclusion

The Indian markets are showing robust performance at midday, with both Nifty and Sensex trading over 1% higher. While most sectors are in the green, led by Capital Goods - Electrical Equipment, the Aerospace & Defense sector is facing some pressure. Individual stocks like KPIT Technologies and Enviro Infra Engineers are making significant moves based on company-specific news and developments.

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