Nifty surged past the 25,000 mark in early trade, backed by positive global cues and strong domestic triggers like the RBI’s record ₹2.69 lakh crore dividend payout and the early arrival of the monsoon. The index formed a bullish candle and continued its higher highs–higher lows structure, closing with gains of nearly 150 points. The rupee also strengthened to its best level in two weeks.
FIIs bought ₹136 Cr while DIIs added ₹1,746 Cr. India VIX spiked to 18.02, and the immediate trading range is now seen between 24,800 to 25,200. Stocks showing positive setups include HUDCO, Divis Lab, PAYTM, and Godrej Properties, while weakness was noted in ABFRL, Indigo, and Glenmark.