Market Rebounds Strongly: Sensex Soars 1,046 pts, Nifty Reclaims 25,100

Indian equity markets witnessed a strong rebound on Thursday, June 20, as benchmark indices snapped a three-day losing streak in emphatic style. A wave of across-the-board buying lifted investor sentiment, propelling the Sensex and Nifty to close with robust gains, while all sectoral indices ended firmly in the green.

At the closing bell, the BSE Sensex soared 1,046.30 points, or 1.29%, to settle at 82,408.17, while the NSE Nifty 50 surged 319.15 points, or 1.29%, to end above the psychological 25,100 mark at 25,112.40. The rally wasn’t limited to largecaps — the BSE Midcap index rose 1.2%, while the Smallcap index edged higher by 0.5%, reflecting broad-based participation.

Stocks in Focus

Sun TV Network Ltd:
Shares of Sun TV closed over 1% lower despite broader market gains as internal tensions between the Maran brothers surfaced over shareholding issues. However, the stock recovered from its intraday lows after the company issued a clarification, helping contain the downside.

Aeroflex Industries:
The stock was a standout performer, rallying more than 11% to hit a four-month high of ₹216.84. This surge marks a 29% gain over the past three sessions, reflecting strong investor conviction and momentum in this smallcap counter.

Godrej Properties:
The real estate major rose 1.72% to ₹2,421, driven by higher volumes, signaling rising investor interest. The company remains a key player in the residential segment and has seen sustained buying interest in recent weeks.

Varun Beverages:
The FMCG player showed continued weakness, with the stock down 30% over the past year and a 25.65% fall in 2025 so far. Despite its multibagger status in the past, the stock has failed to find support, reflecting cautious investor sentiment.

Waaree Energies:
Shares of the renewable energy firm surged over 8% intraday amid strong buying interest. The rally was partly driven by expectations of inflows from the FTSE index rejig, where Waaree is likely to see fresh inflows of up to $49 million, adding to bullish sentiment.

Source: Moneycontrol, Economic Times