Sunday, June 29, 2025

The Week That Was: June 23 to 27

 🗞️ The Week That Was: June 23–27, 2025

🎯 “When Bulls Dance, PSU Banks DJ”


Imagine the stock market as a giant Bollywood wedding — and last week, the baraat did not disappoint. The Sensex waltzed past 84K like it found its long-lost mojo, and Nifty threw confetti over 25,600. Let’s unpack the madness before Monday calls us back to reality.

📈 Market Mood: All Gas, No Brakes

For four straight days, the market acted like it had chugged three Red Bulls and a double espresso.

Why so hyper?

✅ Global cues said, “Chill, everything’s fine.”

✅ Investors heard “policy continuity” and ran faster than a flash sale.

✅ And FII flows? Let’s just say the NRIs came bearing gifts.

🏦 Sector Showdown: Who Wore It Best?

  • 🧱 PSU Banks: Finally got the glow-up they deserved. SBI walked the ramp like it owned the place, while ICICI Bank winked and said, “I still got it.”

  • 💥 Oil & Gas: Crude prices cooled down, and our domestic gas gang turned up the heat.

  • 🛕 FMCG & IT: They showed up to the party, but hung around the buffet table. ITC tripped a little. Maybe too much dividend wine?

🕺 Top Performers: Stars of the Show

Reliance & ICICI Bank brought the fireworks.
Meanwhile, IT stocks mostly scrolled their phones in the corner, quietly sulking over global tech tantrums.

🌍 International Gossip: What the Cool Kids Are Doing

  • USA: Wall Street popped the champagne as S&P and Nasdaq hit all-time highs. Apparently, bad economic data = good news for rate cuts. Go figure.

  • Europe: Took inspiration from the US and managed modest gains, like the student who copied homework but changed the font.

  • 🌏 Asia-Pacific:

    • Japan’s Nikkei danced to a 1.6% tune — tech stocks led the conga line.

    • Hang Seng and Kospi mumbled “meh” and walked off-stage quietly.

💱 Currency & Commodities Corner

  • USD Index: Still falling — the dollar needs a hug.

  • Brent Crude: Softened faster than a microwave momo, giving equities a reason to smile and inflation to shut up (for now).

🧠 And That’s a Wrap

So to sum it up:

Indian markets just pulled off a four-day winning streak, PSU Banks got their swagger back, oil cooled down, and global markets wore rose-tinted glasses. If the bulls keep this up, July might just bring fireworks louder than Diwali.

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