Nifty Top Gainers and Losers on June 24: Adani Ports, Jio Fin Lead; ONGC, Power Grid Drag
- 24th June 2025
- 05:00:00 PM
- 3 min read
Mumbai | June 24 – Indian stock markets ended modestly higher on Tuesday, June 25, after giving up strong intraday gains amid geopolitical concerns and profit booking. The BSE SENSEX closed 158.32 points (0.19%) higher at 82,055.11, while the NSE NIFTY50 advanced 72.45 points (0.29%) to 25,044.35.
Markets opened strong on positive global cues and easing oil prices, with the Nifty touching a fresh eight-month high of 25,317.70 and the Sensex hitting 83,018.16. However, gains faded as news of Iran violating a ceasefire triggered caution, adding to the geopolitical overhang.
Despite this, broader sentiment stayed positive, with 36 of the 50 Nifty stocks ending in the green. Leading the charge were Adani Ports, Jio Financial Services, Shriram Finance, Grasim Industries, and Tata Steel. On the other hand, ONGC, Power Grid, IndusInd Bank, Trent, and HCL Technologies were among the major losers.
Top Gainers and Losers – Nifty 50
| Company | % Change |
| Adani Ports | 2.89% |
| Jio Financial Services | 2.85% |
| Shriram Finance | 2.09% |
| Grasim Industries | 2.06% |
| Tata Steel | 1.71% |
| ONGC | -2.90% |
| Power Grid Corp. | -1.43% |
| IndusInd Bank | -1.01% |
| Trent Ltd. | -0.80% |
| HCL Technologies | -0.72% |
Key Market Drivers
Adani Ports jumped 2.89% to ₹1,394, emerging as the top gainer on renewed buying interest in infra stocks and strong index contribution.
Jio Financial Services rose 2.85% to ₹301.50, supported by broad strength in NBFCs and expectations of ample system liquidity.
Shriram Finance climbed 2.09% to ₹676.05 amid positive outlook on loan growth and retail credit demand.
Grasim Industries added 2.06% to ₹2,287.35 on optimism in its chemicals and textiles business, and anticipation around its entry into paints.
Tata Steel gained 1.71% to ₹173.85, tracking firm global metal prices and improved demand from infrastructure and auto sectors.
On the losing side, ONGC fell 2.90% to ₹243.92, hit by declining international crude prices that dented upstream energy stocks.
Power Grid Corp. declined 1.43% to ₹285.95 amid profit booking in defensive sectors after recent gains.
IndusInd Bank slipped 1.01% to ₹831.95 as investors turned cautious on select private lenders post muted operational commentary.
Trent Ltd. dropped 0.80% to ₹6,070, giving up some gains after its Sensex inclusion-driven rally.
HCL Technologies eased 0.72% to ₹1,690.40 on persistent global IT sector headwinds and weak guidance from key international peers.
Bottom Line
The Indian market remained firm but cautious as intraday gains were pared on geopolitical tensions. Index heavyweights supported the market, while selective profit-taking emerged. With monthly F&O expiry ahead, volatility may persist. Investors are expected to remain focused on global developments, oil trends, and institutional flows to guide near-term market direction.
PL Capital
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
