Global Screens Flicker, but India Flexes: DIIs Buy Big & Corporate Titans Score

Today's Market at 08:15 am

US Market (Futures)

Nasdaq = -8.10

Dow Jones = +3.40

S&P 500 = -2.10

European (Futures)

Ftse 100 = +2.20

Cac 40 = -1.30

Dax = +50.00

Asian

Nikkei 225 = -27.06

ASX 200 = +9.20

Straits Times = +18.96

Hang Seng = +174.93

KOSPI = +5.22

Taiwan weighted = +158.32

Shanghai (SSE) = +1.83

Gift Nifty = 25188.00 (+34.50)

FII and DII Trading Activity June 24, 2025 in Cash market:

FIIs: Net Sell of ₹2,973.24 crore

DIIs: Net Buy of ₹4,303.08 crore

Key Corporate Developments and Updates:

Infosys: Announced a strategic collaboration with Zoetis to enhance IT operations and digital capabilities using AI and automation services. [Positive]
Hindalco Industries: Subsidiary Aditya Holdings LLC to acquire US-based specialty alumina manufacturer AluChem for $125 million, expanding global specialty materials footprint. [Positive]
BLS E-Services: Through subsidiary Zero Mass, agreed to acquire CSPs of SBI and HDFC Bank under Sub-K’s BC business for Rs 6.5 crore, expanding its rural banking outreach. [Positive]
JB Chemicals & Pharmaceuticals: Received USFDA approval for ANDA of Amitriptyline Hydrochloride tablets, used for treating depression. [Positive]
Aurobindo Pharma: Subsidiary CuraTeQ Biologics received MHRA (UK) approval for Dyrupeg, a cancer-support biosimilar. Follows earlier approvals in EU; marks third MHRA biosimilar approval. [Positive]
Bajel Projects: Secured a large power transmission infrastructure order worth Rs 100-200 crore. [Positive]
RITES: Received Letter of Intent from Gujarat Urban Development Co. for water and sanitation infra project worth Rs 28.5 crore under AMRUT 2.0. [Positive]
PTC Industries: Subsidiary Aerolloy signed MoU with Safran Aircraft Engines for manufacturing military aircraft engine components in India. [Positive]
Himadri Speciality Chemical: Acquired 16.24% stake in US-based International Battery Company for $4.43 million, expanding into advanced energy storage tech. [Positive]
Kaynes Technology India: Successfully raised Rs 1,600 crore via QIP from marquee investors including Motilal Oswal, Nomura, HDFC MF, Axis MF, etc., indicating strong institutional confidence. [Positive]
KFin Technologies: Board re-appointed Vishwanathan Mavila Nair as Chairperson for another term, signaling continuity and governance stability. [Positive]
Pricol: CTO Kanakaraju Krishnasamy resigned to pursue new opportunities, possibly creating leadership void in core tech operations. [Negative]
Mastek: CFO Raghavendra Jha resigned due to personal reasons, creating short-term uncertainty in financial leadership. [Negative]
Timex Group India: Promoter to sell up to 15% stake via OFS, which may create short-term pressure on stock price. [Negative]