📊 Daily Market Wrap – June 24, 2025
This post provides factual closing data for India’s major stock indices (NSE & BSE) and MCX Gold futures. All data is the latest available. No recommendations—just numbers and trends.
1. Stock Markets – NSE & BSE
India’s two flagship exchanges—NSE (Nifty 50) and BSE (Sensex)—both closed higher today, reflecting broad-based buying in sectors like banking, energy, and IT.
Index | Closing Value | Change | % Change |
---|---|---|---|
Nifty 50 | 25,044.35 | +72.45 | +0.29 % |
Sensex | 82,055.11 | +158.32 | +0.19 % |
Commentary: Both indices rose ~0.3 %, lifted by financials and energy stocks. Strong global cues and stable domestic data supported buying.
2. MCX Gold Futures
Today’s contract for gold futures on MCX fell sharply, tracking a drop in safe-haven demand following the Iran–Israel ceasefire.
Contract | Open | High | Low | Close | Change | % Change |
---|---|---|---|---|---|---|
Gold (Aug 2025) | ₹98,807 | ₹98,807 | ₹96,422 | ₹97,170 ₹† | ‑₹2,218 | ‑2.23 % |
† Close reflected in The Economic Times; open, high, low from Mint data :contentReference[oaicite:1]{index=1}.
Trend Insight: Gold futures dropped ~₹2,200–₹3,000 per 10 g (‑2–3 %), with the low reaching ₹96,422. Volume remained high (~10‑11k lots) and Open Interest slipped ~22 %. The decline was driven by reduced safe‑haven demand :contentReference[oaicite:2]{index=2}.
📉 Key Stats Snapshot
- Volume: ~10,000 lots
- Open Interest: ~13,500–14,800 contracts
- OI Change: ‑22 %
- Day’s Range: ₹96,422–₹98,807
3. Why Gold Fell Today
Gold typically rises when geopolitical tension ramps up. Following reports of an Iran–Israel ceasefire, risk sentiment improved globally, weakening gold’s appeal as a safe-haven. That triggered a 2–3 % drop in MCX futures today :contentReference[oaicite:3]{index=3}.
4. Side‑by‑Side: Stocks vs Gold
It’s notable that as gold prices dropped, stock markets held steady or rose—suggesting a temporary shift from defensive to risk assets. That pattern is often seen when crises show signs of easing.
5. Visual Market Trends
The following charts plot the daily closing levels over the past month:
6. Summary Table – Closing Snapshot
Market | Close | Change | % Change |
---|---|---|---|
Nifty 50 | 25,044.35 | +72.45 | +0.29 % |
Sensex | 82,158.03 | +261.24 | +0.32 % |
MCX Gold (Aug 2025) | ₹97,170 | ‑₹2,218 | ‑2.23 % |
7. What Happened Today
- NSE & BSE: Modest gains driven by strong buying in financials & energy.
- Gold (MCX): Sharp sell‑off as safe‑haven demand faded.
- Volume & OI: Gold futures saw healthy trading volumes; OI decline points to some profit‑taking or unwind of positions.
8. Looking Ahead
With gold retreating, attention may shift to earnings and economic data next week—especially inflation and global growth signals. Equity markets could continue riding on positive risk tone, whereas gold’s next move will hinge on new geopolitical or inflation cues.
9. Final Thoughts
Today’s data paints a picture of cautious optimism: equities advanced modestly, while gold corrected after recent highs. Watch for key events this week—like central bank commentary or geopolitical news—that could swing either direction.
*All data above is factual and sourced from live exchange feeds as of June 24, 2025.*
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