Torrent Power wins project worth ₹2,650 Cr, May inflation falls to 2.82% & more
- Share.Market
- 8 min read
- 13 Jun 2025
Highlights
Indian markets slumped sharply on Friday as Middle East tensions and surging crude oil prices triggered broad-based selling. Both Nifty 50 and Sensex fell around 0.7%.
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
INDIA VIX
Put Call Ratio of Nifty 50 (expiry: 19th Jun) is 0.73
What Made Headlines?
The share of Shipping Corporation of India and other shipping companies jumped after Israel launched precise and pre-emptive attacks on Iran’s nuclear program in the early hours today.
ONGCONGC and Oil India shares rose as oil prices jumped 5% due to Middle East tensions, boosting profits, while oil marketing companies fell due to higher costs.
TORNTPOWERTorrent Power wins 300 MW wind project from SECI at ₹3.97/unit. Project worth ₹2,650 cr, to be completed within 24 months of signing PPA.
DCMSHRIRAMDCM Shriram acquires 100% of Hindusthan Specialty Chemicals for ₹375 cr. The deal expands its portfolio into epoxy and advanced materials.
INFYInfosys approves the merger of its subsidiaries, Infosys Germany and Blitz, to streamline operations. To enable synergies of operations and rationalize and consolidate the group structure.
What’s Happening Beyond Our Markets?
- India’s May 2025 headline inflation fell to 2.82% (lowest since Feb 2019), food inflation dipped to 0.99% (lowest after Oct 2021), with rural and urban inflation also declining.
- Asian Development Bank approves $109.97M to boost Gujarat’s skills & align training with industry, strengthening its workforce.
- Rupee drops to 86.17, an 8-week low amid Iran tensions & tariff worries, but lower inflation & US-India talks bring some relief.
- Oil jumped 8% and gold rose nearly 1% after Israel’s strike against Iran. Rising tensions, strong demand, and Fed rate cut hopes pushed prices up amid worries about supply.
- Trump may cut tariff plans to 10% for all, 20% for China, says Jefferies. It’s a way for him to ease tensions.
Back to Basics
Terms that put you one step ahead – every day.
What Is Core Inflation?
Core inflation filters out the “noisy” stuff, like food and fuel, that tend to bounce up and down due to weather or global oil prices.
What’s left is a cleaner view of how prices are rising across essentials like rent, education, healthcare, and services.
But why should you care?
Because RBI does. When it sets interest rates, it looks at core inflation more than the headline number.
A spike in the prices of vegetables may fade, but if your gym fees, school bills, and cab fares are rising steadily, that’s core inflation talking.
IPO Corner
Ongoing IPO
| Company | Date | Issue Price | Minimum Investment |
| Oswal Pumps | June 13, 2025 to June 17, 2025 | ₹584 to ₹614 per share | ₹14,016 |
Corporate Actions
| Stock | Ex-Date | Record Date | Event Type | Event Details |
| Hindustan Zinc Ltd. | 17 Jun 2025 | 17 Jun 2025 | Interim Dividend | ₹10.00 |
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 next week to cut through the noise, so you can focus on investing intelligently.
