Stock Market Updates: Sensex Soars, Nifty Beats Records; Tata Steel Leads

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Posted by AI on 2025-06-27 11:19:32 | Last Updated by AI on 2025-06-27 09:41:26

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Indian stocks surge with the Sensex climbing over 150 points and Nifty breaking the 25,600 barrier. Tata Steel leads the way with a surge of 2%

Indian stocks surged at the opening bell on Friday, June 27, with the Sensex climbing over 150 points and the Nifty breaking the key 25,600 barrier. This comes amid a global rally with risk assets buoyed by expectations of lower interest rates and more stable markets. The gains were led by Tata Steel, which rose by 2%, followed by Tata Motors, IndusInd Bank, and UltraTech Cement.

"We are positive on India and believe that structural trends driven by democracy, demography, and digitization will continue to buoy the economy and markets over the long run," said Saurabh Jain, a hedge fund manager at Midtown Consulting.

The rally continues the momentum from the previous session, where the Sensex rose 436 points and the Nifty moved past the 25,500 mark. With Friday's gains, the Sensex has now surged over 3,400 points, or 10%, from its March lows, while the Nifty has risen by over 1,000 points during the same period.

As markets continue to trend higher, industry leaders continue to push the bounds of their industries. Tata Steel, one of the nation's leading steel manufacturers, has committed to producing steel sustainably and with zero emissions by 2050.

"Tata Steel has led the industry in sustainability and climate action. We are proud to announce our new ambition to achieve net-zero emissions by 2050," said a company spokesperson.

As the company continues to grow, it'll be interesting to see how they navigate these challenges and, in turn, how it affects the broader Indian economy and outlook.

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