Highlights

Indian equity benchmarks, the Sensex and Nifty, ended at a low as the persistent Middle East tensions and anticipation of the Fed’s next move kept investors on edge and triggered profit booking across key sectors.

Headline Indices

Sectors at a Glance

*Prices shown may have delay up-to 15 minutes

What moved the market?

*Prices shown may have delay up-to 15 minutes

Broader Market Performance

India VIXINDIA VIX14.28 -0.83%

Nifty Midcap 150NIFTY MIDCAP 150₹21,358.50 -0.48%

Nifty Smallcap 250NIFTY SMLCAP 250₹17,143.60 -0.20%

Put Call Ratio of Nifty 50 (expiry: 19th Jun) is 0.63

What Made Headlines?

Optiemus Infracom Ltd.OPTIEMUS₹684.60 +11.38%

OnePlus partnered with Optiemus Electronics to locally manufacture premium IoT devices in India, strengthening domestic production capabilities and reinforcing the brand’s commitment to the Indian market through user-centric innovation.

Avenue Supermarts Ltd.DMART₹4,228.40 +4.17%

Avenue Supermarts (DMart) has opened a new store at Ratan Mall, Agra (Uttar Pradesh) today. The total number of stores as of the date stands at 421.

Delhivery Ltd.DELHIVERY₹365.35 +1.84%

The Competition Commission of India approved Delhivery’s ₹1,407 crore acquisition of at least 99.44% stake in logistics rival Ecom Express, marking major consolidation in India’s e-commerce delivery sector.

Mahindra & Mahindra Ltd.M&M₹3,041.10 +1.13%

Mahindra & Mahindra received unconditional approval from the Competition Commission of India for acquiring a 58.96% stake in SML Isuzu Limited and making an open offer for an additional 26% stake at ₹1,554.60 per share.

What’s Happening Beyond Our Markets?
  • Khadi and Village Industries Commission disbursed ₹300 crore subsidy to 11,480 beneficiaries under the Prime Minister’s Employment Generation Programme, supporting ₹906 crore loans for self-employment across India.
  • India’s defence sector expects 15-17% revenue growth in FY26, driven by strong order execution and backlog. Government support for local production under Atmanirbhar Bharat is boosting domestic capabilities and exports with healthy margins, according to ICRA.
  • India’s government borrowing is stable and under control despite the country’s economic growth. The government is managing its debt responsibly using various financial tools, ensuring long-term financial health while following fiscal rules.
  • The US Federal Reserve is expected to keep interest rates unchanged at 4.25-4.50% for the fourth straight meeting in June 2025. Policymakers are being cautious while assessing the economic impact of President Trump’s new policies on tariffs and taxes.
  • UK inflation dropped to 3.4% in May 2025 from 3.5% in April, driven by lower transport costs, including cheaper airfares and fuel prices. However, food prices and household goods saw increases, partially offsetting the decline.
Back to Basics

Terms that put you one step ahead – every day.

What Is a Merger? 

When two companies decide they’re better together than apart, that’s a merger. 

Think of it as two entities combining resources, teams, and operations to become one stronger company. 

Why merge? Sometimes it’s about scale (bigger = better buying power), sometimes it’s about eliminating competition, and sometimes it’s about combining strengths. 

Mergers can unlock value, reduce costs, and create market leaders, or sometimes create integration headaches. 

What happens to your shares? 

As a shareholder, you typically get shares in the new merged entity based on a predetermined ratio. 

IPO Corner: Mainboard 

Ongoing IPO

CompanyDateIssue PriceMinimum Investment
Arisinfra SolutionsJune 18, 2025 to June 20, 2025₹210 to ₹222 per share₹14,070
Corporate Actions
StockEx-DateRecord DateEvent TypeEvent Details
Bajaj Auto Ltd.20 Jun 202520 Jun 2025Final Dividend₹210.00
Bank of India20 Jun 202520 Jun 2025Final Dividend₹4.05
Greenlam Industries Ltd.20 Jun 202520 Jun 2025Final Dividend₹0.40
HDFC Life Insurance Company Ltd.20 Jun 202520 Jun 2025Final Dividend₹2.10
Supreme Industries Ltd.20 Jun 202520 Jun 2025Final Dividend₹24.00
Punjab National Bank20 Jun 202520 Jun 2025Final Dividend₹2.90
Swastika Investmart Ltd.20 Jun 202520 Jun 2025Final Dividend₹0.60
Tata Power Company Ltd.20 Jun 202520 Jun 2025Final Dividend₹2.25
Torrent Pharmaceuticals Ltd.20 Jun 202520 Jun 2025Final Dividend₹6.00

Before You Go…

Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.

We’ll be back tomorrow to cut through the noise, so you can focus on investing intelligently.


Disclaimer and Disclosure

PhonePe Wealth Broking Private Limited is a member of NSE & BSE with SEBI Regn. No.: INZ000302639, Depository Participant of CDSL Depository with SEBI Regn. No.: IN-DP-696-2022, Research Analyst with SEBI Regn No: INH000013387, BSE RA Enlistment Number: 5887 and Mutual Fund distributor with AMFI Registration No: ARN- 187821. Member ID: BSE- 6756, NSE- 90226. 

Registration granted by SEBI, enlistment as Research Analyst with Exchange and Certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors

Registered office – 2, Floor 3, Wing A, Block A, Salarpuria Softzone, Service Road, Green Glen Layout, Bellandur, Bengaluru South, Bengaluru, Karnataka – 560103, INDIA.

CIN: U65990KA2021PTC146954.