Stock Market News: D-street has witnessed three consecutive days of gains, on June 27 investors are likely to observe whether the indices will extend the rally amid as geopolitical uncertainties ease. Several factors such as crude oil prices and FII-DII fund flows are expected to impact D-street today. Notably the Sensex closed the session higher by 1000 points at 83,755.87 and the 50-share Nifty finished the session above the at 25,549 up by 304 points on June 26.
On June 27 the headline indices started the session on a positive note. Soon after opening the Sensex gained 0.27 per cent to trade at 83985.09 levels and the Nifty gained 0.28 per cent to trade at 25622.5 levels.
Iran – Israel De-Escalation
D-street is likely to factor in any further developments between Iran and Israel today. On June 26 both Iran and Israel claimed victory in the conflict. Iran’s Ayatollah Ali Khamenei said in a social media post that he congratulates the country of Iran for its “victory” over Israel. He also threatened the US in a separate post in which he said that ‘the enemy’ will pay heavily for any further aggression. On the other hand Israel’s Prime Minister Benjamin Netanyahu has also called it a historic win.
Crude Oil Prices Today
Crude oil prices trended higher with WTI Crude trading at $65.66 per barrel up by 0.64 per cent and Brent Crude prices trading at $68.14 per barrel up by 0.61 per cent in the early hours of June 27.
Gold Prices Today
Gold prices dipped amid de-escalating global tensions in the early hours of June 27. According to the goodreturns website the price of one gram of 24K Gold is Rs 9,894, the price of one gram of 22K Gold is Rs 9,069 and the price of one gram of 18K Gold is Rs 7,420.
Stocks To Watch Today
Shares of HCL Technologies, L&T Finance, Bharti Airtel and Biocon are likely to be in focus on June 27.
HCL Technologies
HCL Technologies shares are likely to be in focus after the company informed the exchanges that it has expanded its partnership with Sales Force to enhance enterprise adoption of Agentic AI.
L&T Finance
L&T Finance shares are likely to be in focus as the company informed the exchanges that it has allotted 22,500 secured Non Convertible Debentures amounting to Rs 225 crore via private placement.
Bharti Airtel
Shares of Bharti Airtel are likely to be in focus as the department has imposed a penalty of Rs 6.48 lakh on the telecom major.
New India Assurance
New India Assurance shares are likely to be in focus after the company informed the exchanges that it has received a show-cause notice for a Rs 2,298 crore GST demand.
Hitachi Energy India Order Win
Hitachi Energy India informed the exchanges that it has bagged an order from Power Grid Corporation of India Ltd. The company will deliver 765 kV transformers as a part of the order.
US Markets On June 26
On June 26, Wall Street indices closed with significant gains with the DJIA ending 404.41 points or 0.94 per cent higher. The Nasdaq Composite also closed the session higher by 194.36 points or 0.97 per cent. The S&P 500 also finished the session in the green up by 0.8 per cent or 48.86 points.
How Asian Markets Are Trading On June 27
The Nikkei 225 opened higher on June 27 and traded 1.61 per cent higher at the time of writing, adding 640 points. On the other hand other Asian indices declined in the early hours of June 27 with the KOSPI, Shanghai Composite and the Hang Seng trading lower by as much as 0.94 per cent.
