LiveIndia Update – Stock Market Today: Trade setup For Nifty 50, Global Markets to Israel-Iran News; Eight Stocks To Buy Or Sell On Friday

June 27, 2025: On the expiry day, the benchmark Nifty-50 index rallied strongly, closing 1.27% higher at 25,549. Bank Nifty also gained 1.03% to end at 57,206.70. Sector-wise, metals and Oil & Gas led the charge, while Realty and IT indices saw slight corrections. Mid- and small-cap stocks rose between 0.4% and 0.6%.

What’s Next for Nifty and Bank Nifty?
Market experts anticipate further upside momentum next week, with Nifty targeting the 25,800–26,000 range. Immediate support for Nifty is seen at 25,400, according to Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.

Bank Nifty’s breakout from the 53,500–56,000 consolidation zone sets sights on 57,800 to 58,500 levels, Bajaj Broking suggests.

Global Factors and Market Sentiment
Investor confidence was boosted by the relative calm in the Middle East ceasefire, easing fears of supply chain disruption. While Foreign Institutional Investors (FIIs) trimmed holdings due to narrowing yield spreads between U.S. and Indian bonds, Domestic Institutional Investors (DIIs) stepped in as net buyers, supported by improving liquidity and rebounding consumption, noted Vinod Nair of Geojit Investments.

Top Stock Picks for Today
Leading market analysts have recommended several promising stocks for investors to watch or buy:

Sumeet Bagadia (Choice Broking):

• Welspun Enterprises Ltd (WELENT): Buy around ₹542, target ₹575, stop-loss ₹520. The stock shows strong consolidation and potential for breakout.
• Nuvama Wealth Management Ltd (NUVAMA): Buy around ₹7,901, target ₹8,410, stop-loss ₹7,600. Recently hit all-time highs with strong institutional buying.

Ganesh Dongre (Anand Rathi):

• Indian Oil Corporation Ltd (IOC): Buy at ₹146, target ₹155, stop-loss ₹140. Exhibiting strong bullish patterns with good support.
• National Aluminium Company Ltd (NALCO): Buy at ₹193, target ₹205, stop-loss ₹185. Signs of renewed strength and bullish momentum.
• Punjab National Bank (PNB): Buy at ₹106, target ₹115, stop-loss ₹100. Maintaining key support levels, with a positive trend forecast.

Shiju Koothupalakkal (Prabhudas Lilladher) Intraday Picks:

• Sterlite Technologies Ltd (STERLITE TECH): Buy at ₹103, target ₹111, stop-loss ₹100. Showing a flag breakout and momentum for further rise.
• Prince Pipes and Fittings Ltd: Buy at ₹355, target ₹374, stop-loss ₹347. Forming higher bottom with strong volume support.
• Kalyan Jewellers India Ltd: Buy at ₹553, target ₹575, stop-loss ₹542. Recently bounced off key moving averages with bullish signals.