Stock Market LIVE June 26, 2025: Nifty, Sensex Surge As HDFC Bank Hits Record High; Nifty Bank, Finance Indices Scale Lifetime Peaks

Overview: Markets Rally on Bank, Oil & Gas Boost

Indian equity benchmarks opened strong on Thursday, June 26, 2025, with the Sensex and Nifty hitting fresh highs during intraday trading. The rally was primarily led by financials, particularly HDFC Bank, which hit a record high, lifting the Nifty Bank and Nifty Financial Services indices to new peaks.

HDFC Bank Lifts Banking Stocks to Record Highs

HDFC Bank Ltd.’s stock price reached a new all-time high, becoming a key contributor to today’s index gains. Its stellar performance also buoyed the Nifty Bank and Nifty Financial Services, which scaled fresh lifetime highs. However, despite these record levels, both indices underperformed the Nifty Oil and Gas, which emerged as the top sectoral gainer of the day.

Nifty Oil & Gas Outshines

The Nifty Oil and Gas index led sectoral performance on the NSE. Strong movements in major oil and gas stocks helped the index outperform banking and finance sectors, indicating rotational buying from investors amid global cues and stable crude oil prices.

Key Corporate Announcements Driving Stock Momentum

🔹 Magellanic Cloud Secures Rs 7.5 Crore Annual Order

Magellanic Cloud Ltd. announced that one of its subsidiaries has received a purchase order worth ₹7.5 crore per annum from a significant customer. This development underscores customer confidence in the company’s service offerings and could result in long-term revenue visibility.

🔹 Texmaco Rail Shares Rally on Rs 535 Crore Export Order

Shares of Texmaco Rail & Engineering Ltd. surged to their highest in nearly five months after securing an export order valued at ₹535 crore from a South African entity. The large-scale order reflects the company’s growing international presence and robust project pipeline.

IPO Watch: Crizac IPO Launching July 2

The Crizac initial public offering (IPO) is scheduled to open on July 2 and close on July 4, 2025. This limited-time offer is expected to attract investor interest amid buoyant market sentiment. Investors are advised to monitor subscription levels and valuation metrics closely.

Tata Capital Approves Massive Rs 30,000 Crore Bond Issue

In a significant financial move, Tata Capital’s board has approved a bond issuance worth ₹30,000 crore to strengthen its capital base. The company also announced a rights issue of ₹1,752 crore, aimed at expanding its funding capabilities and supporting future growth initiatives.

Market Sentiment & Outlook

The overall sentiment in the Indian stock market remains positive, driven by:

• Record highs in banking stocks
• Strong performances in oil and gas shares
• Positive corporate developments and new orders
• Robust participation in the IPO market

While global cues remain mixed, India’s macroeconomic outlook and sectoral strength are expected to sustain the bullish trend in the near term.

Key Indices Snapshot (Midday – June 26, 2025)

Conclusion

June 26 marked another bullish day for Indian markets, led by strong performances in financials and oil & gas sectors. With major corporate announcements, an active IPO pipeline, and continued investor optimism, markets may maintain momentum heading into July.