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Get the latest Indian stock / share market highlights, BSE/NSE stock news, business research reports & details - updated daily by Money Times.

June 20, 2025

  • Daily Morning Report                     Date: 20.06.2025
  • NIFTY OUTLOOK: 24793.25     FII: +934.62 cr    DII: +605.97 cr
  • As discussed yesterday, market behaviour remained on expected lines, as Nifty respected our resistance of 24873 (high of 24863) and traded in a narrow range between support and resistance.
  • A Doji star candlestick appeared on the daily chart, indicating indecision in Nifty’s direction.
  • For the upside, if Nifty moves above 24851, bulls may attempt to push it up to 24910–24967. If demand strengthens, it may test 25025.
  • On the downside, a decisive break below 24735 may drag Nifty to 24677–24620. If supply increases, it may test 24563.
  • Bank Nifty OUTLOOK:
  • SPOT: 55577.45  PCR: 0.65  Max CE OI: 56000  Max PE OI: 56000
  • On 19th June 2025, Bank Nifty closed at 55577.45, down 0.45% from the previous day. The index moved 365 points during the session, with a high of 55942.45 and a low of 55577.45.
  • Technical View on Daily Chart:
  • Key support and resistance levels are 55100 and 56050, respectively.
  • Today’s Strategy:
  • Go Long above 55834 with a stop loss of 55700 and a target of 56050
  • Go Short below 55300 with a stop loss of 55450 and a target of 55100
  • RSI stands at 50.70; below 30 is considered oversold, and above 70 overbought.
  • Bank Nifty Day SMA Analysis:
  • Bank Nifty is trading above 5 out of 8 SMAs (30, 50, 100, 150, and 200-Day).
  • It is trading below 3 SMAs (5, 10, and 20-Day).
  • No candlestick pattern was identified in Bank Nifty.
  • Macros.
  • 1.Dollar index @ 98.465
  • 2.Vix @ 22.17 ( +10.08 )
  • 3.Brent crude @ 78.74
  • 4.US 10 years bond yield @ 4.39
  • Note:
  • The Middle East war has entered its seventh day and is becoming increasingly dangerous. From a stock market perspective, pressure may build on global economies and equity markets.
  • On the economic front, weekly U.S. jobs and housing data indicate a softening trend. Fed Chair Powell delivered a balanced policy, hinting at two rate cuts in FY2025.
  • If the war intensifies further, Indian equities may see sharp profit booking. If Nifty fails to hold 24471 on a closing basis, the next supports are at 24164 and 23935.
  • Contributed by
  • Ashok bhandari : INH000019549
  • -------------------------------------xxxxxxx-------------------------------------------------------------------xxxxxxx---------------------------------
  • Rice prices more than double in May as Japan core inflation jumps to highest levels since 2023
  • https://www.cnbc.com/2025/06/20/japans-core-inflation-hits-highest-level-since-jan-2023-putting-pressure-on-boj-to-raise-rates.html?__source=androidappshare
  • @beatthestreet10
  • https://www.news18.com/india/indias-new-hypersonic-missile-to-outpace-brahmos-in-speed-range-and-lethality-ws-dl-9391861.html
  • @beatthestreet10
  • Sun TV Family Feud: DMK MP Dayanidhi Maran sends legal notice to billionaire brother Kalanithi Maran
  • https://www.moneycontrol.com/news/india/sun-tv-family-feud-dmk-mp-dayanidhi-maran-sends-legal-notice-to-billionaire-brother-kalanithi-maran-13146950.html
  • @beatthestreet10
  • SAI LIFE: TPG Asia is likely to offload a 6% stake (12.5 million shares) via block deals, as per sources.
  • The deal is priced at ₹710/share, reflecting a 2.5% discount to the current market price.
  • The transaction size is \$102 million with a 60-day lock-in for the seller.
  • SECUREKLOUD: Subsidiary HCTI launched *QuantumNexis* in Malaysia to drive AI-led healthcare innovation.
  • The platform introduces SaaS offerings like *Ziloy.ai* for mental wellness and *Ezovion.ai* for hospital digitization.
  • This marks SecureKloud’s global expansion into Southeast Asia, opening new revenue streams and strengthening its digital health positioning.
  • AXISCADES TECH: Signed an MoU with France’s Aldoria to jointly enhance India’s space surveillance capabilities.
  • The partnership will focus on collision avoidance, orbital monitoring, and indigenous SSA systems aligned with ISRO’s goals.
  • Announced at the Paris Air Show 2025, the deal boosts AXISCADES’ global visibility and space-tech portfolio.
  • DREAMFOLKS: Denies media rumors about major client exits, confirming all key partnerships remain intact.
  • The company emphasizes ongoing MSAs with over 50 clients and routine contract renewals.
  • Clarifies no material impact or regulatory issue exists, reaffirming its commitment to transparent disclosures.
  • ARUNI ABODE: To sell a non-core Mumbai property for ₹1.1 crore to Divine Chemicals in an arms-length deal.
  • The asset includes 10.22 sq. mtr. office space and one car park.
  • The sale has no operational impact and supports capital optimization.
  • AMBER ENTERPRISES: Classifies step-down unit Ascent Circuits as a Material Subsidiary for FY26.
  • Ascent met the 10% net worth threshold based on FY25 audited results.
  • This reflects subsidiary growth and enhances transparency under SEBI compliance norms.
  • THIRUMALAI CHEMICALS: To raise ₹450.6 crore via preferential allotment at ₹277/share, a 5.3% discount to CMP.
  • Backed by Motilal Oswal MF, Bandhan MF, 360 One, and other marquee investors.
  • Move signals strong institutional confidence and boosts financial flexibility for future growth.
  • SUMIT WOODS: Bags ₹45.39 crore redevelopment project for Sagar Avenue CHS in Vile Parle (East), Mumbai.
  • The project lies in a prime suburban location, ensuring strong market potential.
  • It adds to the company’s core portfolio and boosts revenue visibility.
  • PREMIER EXPLOSIVES: Secures ₹6.62 crore export order for defence-grade explosives from an international client.
  • The order will be executed within six months, adding near-term revenue visibility.
  • It strengthens Premier’s global footprint in the defence supply chain.
  • BIKAJI FOODS: Gets NCLT nod to merge wholly-owned unit Vindhyawasini Sales into the parent company.
  • The move simplifies the corporate structure with no equity dilution and consolidates all assets and liabilities under Bikaji.
  • Merger effective from April 1, 2024, enhancing operational efficiency and financial clarity.
  • BIKAJI FOODS: Gets NCLT nod to merge wholly-owned unit Vindhyawasini Sales into the parent company.
  • The move simplifies the corporate structure with no equity dilution and consolidates all assets and liabilities under Bikaji.
  • Merger effective from April 1, 2024, enhancing operational efficiency and financial clarity.
  • TD POWER SYSTEMS: Bags ₹67 crore export order from a global MNC for traction motor components.
  • Deliveries will take place between Jan 2026 and Dec 2027.
  • The deal reinforces TDPS’s technical expertise and strengthens its global order book.
  • VALIANT ORGANICS: Board to consider fundraising on June 25 via options like FPO, rights issue, QIP, FCCBs, or debt.
  • The move signals preparation for expansion or restructuring.
  • It reflects strategic intent and boosts investor sentiment.
  • KIRLOSKAR OIL: Subsidiary LGM to divest its Cables, Wires & Pipes division via slump sale for ₹10.7 crore.
  • The buyer, Vira Logistics, is an unrelated party; deal closes by June 30, 2025.
  • Move aids strategic focus and improves capital efficiency.
  • KAYNES TECHNOLOGY: Launches QIP with a floor price of ₹5,625.75/share to raise growth capital.
  • The issue opened on June 19, 2025, with a possible 5% discount under SEBI norms.
  • Move signals strong valuation confidence and supports expansion plans.
  • BINNY: Board discusses revoking BSE trading suspension and explores fund strategies to support growth and long-term value.
  • Shareholder request to remove Mr. Rajeev Bakshi was dismissed, citing prior disqualification.
  • Board reconstitution under HC oversight boosts governance and investor confidence.
  • CCL PRODUCTS: Enters South Indian snacks segment with test launch of ‘Malgudi’ brand in the domestic market.
  • The move diversifies its FMCG portfolio beyond coffee.
  • Leverages existing distribution to tap new consumer segments and drive long-term growth.
  • SAMVARDHANA MOTHERSON: Forms 51:49 JV with South Korea’s Egtronics to manufacture EV power electronics for commercial vehicles.
  • The India-based JV boosts clean mobility offerings with Egtronics’ patented tech portfolio.
  • Move strengthens Motherson’s EV value chain and global reach.
  • ASTEC LIFESCIENCES: BOARD MEET ON 24 JUNE TO CONSIDER FUND RAISING VIA EQUITY SHARES
  • ORIENT CEMENT: Ambuja Cements acquires 26% stake via open offer at ₹395.40/share, raising total holding to 72.66%.
  • Orient Cement is now a subsidiary of Ambuja as of June 18, 2025.
  • The move strengthens Adani Group’s cement footprint and unlocks synergy potential.
  • NATCO PHARMA: USFDA inspection at Kothur unit ends with 7 observations issued via Form 483.
  • The company plans timely corrective actions and reaffirms adherence to cGMP norms.
  • Operations continue, but regulatory concerns persist until full compliance is achieved.
  • SAMVARDHANA MOTHERSON: To acquire 28.15% stake in a Hinduja Renewables SPV for a 50MWp captive solar power project.
  • The ₹14.13 crore investment supports cost savings, ESG goals, and CO₂ reduction.
  • Deal completion expected in Q2 FY26; aligns with long-term sustainability strategy.
  • ACE SOFTWARE EXPORTS: To set up a wholly owned subsidiary in a UAE Free Zone with an initial capital of AED 50,000.
  • The unit will offer IT services and digital transformation solutions targeting Middle East clients.
  • Move expands global footprint and opens new revenue avenues.
  • JSW Infrastructure Expands Jaigarh Port Connectivity with New Railway Siding Project | MCap 64,816.55 Cr
  • - JSW Jaigarh Port (JSW Infrastructure subsidiary) signed binding MoU with Konkan Railway (KRCL) for Bhoke Railway Siding Project in Ratnagiri, Maharashtra.
  • - Project establishes rail access to Jaigarh Port for containers, bulk, and liquid cargo.
  • - Expected to enhance port’s third-party cargo handling from hinterland and support future capacity expansion.
  • UNITED SPIRITS: Diageo India to acquire 100% stake in Nao Spirits for ₹110 crore, up from its current 30% holding.
  • The deal includes equity purchase and fresh infusion, closing in tranches by June 2026.
  • This strengthens Diageo’s play in India’s premium craft spirits market.
  • CAN FIN: Board to meet on June 25 to consider fundraising via equity, NCDs, or Tier-II subordinated debt.
  • Proposals align with regulatory norms and aim to boost capital strength.
  • The move supports lending growth and long-term financial stability.
  • JSW INFRASTRUCTURE: Subsidiary JSW Jaigarh Port signs MoU with Konkan Railway for Bhoke Railway Siding project in Ratnagiri.
  • The project will improve rail connectivity to Jaigarh Port for cargo movement.
  • It boosts logistics efficiency and long-term revenue potential.
  • AMIC FORGING: Acquires land, factory, and machinery in Howrah from Bengal Hammer Industries for ₹27 crore.
  • The deal will be completed within 120 days from June 19, 2025.
  • It strengthens manufacturing capacity and signals operational expansion.
  • SUDARSHAN PHARMA: Board approves fundraising of up to ₹500 crore via various instruments including equity, GDRs, FCCBs, and debentures.
  • Funds may be raised in tranches through domestic or international routes.
  • The move supports expansion plans and boosts financial flexibility.
  • KAMAT HOTEL: Bombay HC allows release of ₹15.67 crore to the company; ₹5 crore to be deposited with ED.
  • The case stems from a 2013 MoU linked to Micro Leasing investigations.
  • Ruling eases liquidity slightly but legal uncertainties remain.
  • HCKK VENTURES: Board to review merger and amalgamation status in its June 27 meeting.
  • The update signals ongoing progress in strategic consolidation plans.
  • Impact remains neutral for now, with upside potential if synergies materialize.
  • BIOCON: Raises ₹4,500 crore via QIP by issuing 13.64 crore shares at ₹330, a 3% discount to the floor price.
  • The issue closed successfully between June 16–19, 2025.
  • Strengthens capital base, though minor dilution may impact near-term sentiment.
  • ZEE NEWS: Miloeux Media & Entertainment sold 87.21 lakh shares (1.41% stake) at ₹13.57/share in a large NSE trade.
  • AUV Innovations LLP bought 1.11 crore shares (1.80% stake) at ₹13.55/share.
  • Block trade indicates stake reshuffling between investors.
  • PRIVI SPECIALITY CHEMICALS: Promoters sold a total of 16 lakh+ shares (\~4.09% stake) in a large NSE trade at prices between ₹2055–₹2087.70/share.
  • Buyers included SBI Funds Management (0.72%) and SBI Mutual Fund (3.13%), acquiring a combined 15 lakh+ shares at ₹2055/share.
  • Promoter stake trim met with strong institutional interest.
  • HINDALCO IND: Acquires 100% stake in newly incorporated U.S.-based Aditya Holdings LLC via its Dutch subsidiary for USD 100.
  • The entity will focus on aluminium, copper, and metal products.
  • Move strengthens Hindalco’s global footprint and downstream metal capabilities.
  • NAZARA TECHNOLOGIES: Extends deadline to complete 25.12% stake acquisition in Next Wave Multimedia to September 30, 2025.
  • The deal involves shares from the founding shareholders under an amended agreement.
  • Impact remains neutral, with no change in control or operations.
  • SUDARSHAN PHARMA: Board approves setting up a wholly-owned U.S. subsidiary, *Sudarshan Industries LLC*, to manufacture and trade chemicals, pharma, and FMCG products.
  • The entity will be incorporated via the automatic FEMA route.
  • This move strengthens global presence and unlocks U.S. market opportunities.
  • PHANTOM DIGITAL EFFECTS: Appoints GYR Capital as merchant banker for its upcoming Qualified Institutional Placement (QIP).
  • Earlier QIP was stalled due to NSE approval delays; new advisor signals renewed momentum.
  • The move revives capital-raising plans and supports future growth initiatives.
  • PCBL: Subsidiary Nanovace sets up *Nanovace Inc.* in Delaware, USA to enter the battery chemicals market.
  • Focus will be on graphite–silicon composites for energy storage applications.
  • Move boosts PCBL’s global presence in the high-growth battery materials space.
  • GR INFRAPROJECTS: Receives Provisional Completion Certificate for ₹1,368 crore expressway project in Rajasthan under Bharatmala Pariyojana.
  • Executed via subsidiary, the project is fit for commercial operations from June 1, 2025.
  • Timely delivery strengthens revenue visibility and execution track record.
  • AEGIS VOPAK: To acquire a 36,000 MT ammonia storage terminal at Pipavav Port from promoter Aegis Logistics for ₹157.5 crore.
  • The deal is a related party transaction, executed on an arm’s length basis.
  • It boosts storage capacity and supports growth in industrial chemicals logistics.
  • HDB financial price in unlisted space
  • Jan 2024 600 rs
  • Sept 2024 1450 rs
  • June 2025 1250 rs
  • Now IPO at 740 rs at upper band
Panchkarma