Nifty 50 Index Closes at 25,141.40; Analyst Predicts 37,000 Target
Key Takeaways
- On June 11, 2025, Nifty closed at 25,141.40, up 0.15%, its sixth consecutive positive session.
- Laurence Balanco targets Nifty at 26,300 by summer, then potentially 37,000, citing a bullish pattern.
- Hero MotoCorp, Coal India, and RIL were among the top gainers in Nifty 50 on June 11.
- Shriram Finance and Adani Ports SEZ were among the top losers in Nifty 50 on June 11.
- FY26 earnings growth is expected to rebound to 12-13% for Nifty 50 companies.
Top Stories
Nifty closed at 25,141.40 on June 11, up 0.15%
On June 11, 2025, the NSE Nifty closed at 25,141.40, a 0.15% increase, marking its sixth consecutive positive session with a gain of 598 points or 2.42% over these sessions. Laurence Balanco noted the Nifty closed at 25,141.40, up by 37.16.
Nifty target: 26,300 by summer, then 37,000
According to a report published on June 11, 2025, Laurence Balanco anticipates new highs for the Nifty, targeting 26,300 by summer, followed by a potential consolidation and a move towards 37,000. Balanco also stated that the Nifty has completed a bullish double bottom pattern, indicating a move toward 26,300, and affirms continued strength in Indian equities despite near-term consolidation, driven by continued momentum and sectoral leadership.
Top Nifty gainers: Hero MotoCorp, Coal India, RIL
On June 11, 2025, Hero MotoCorp, Coal India Ltd, RIL, Bajaj Finserv and M&M were among the top gainers in the Nifty 50 index on the NSE. In New Delhi, Hero MotoCorp Ltd. was up 2.17%, Coal India Ltd. was up 1.96%, Mahindra & Mahindra Ltd. was up 1.49%, Oil And Natural Gas Corporation Ltd. was up 1.38%, Bajaj Auto Ltd. was up 1.34%, Reliance Industries Ltd. was up 1.26%, Bajaj Finserv Ltd. was up 0.95%, JSW Steel Ltd. was up 0.81%, NTPC Ltd. was up 0.7%, and UltraTech Cement Ltd. was up 0.65% as the top gainers in the Nifty pack.
Top Nifty losers: Shriram Finance, Adani Ports SEZ
On June 11, 2025, Adani Ports SEZ, Jio Financial Services, Shriram Finance, Power Grid and Adani Ent. were among the top losers on NSE. In New Delhi, Shriram Finance Ltd. was down 0.75%, Adani Ports & Special Economic Zone Ltd. was down 0.7%, Jio Financial Services Ltd. was down 0.6%, Apollo Hospitals Enterprise Ltd. was down 0.57%, Sun Pharmaceutical Industries Ltd. was down 0.51%, Tata Consumer Products Ltd. was down 0.51%, Power Grid Corporation of India Ltd. was down 0.47%, Adani Enterprises Ltd. was down 0.45%, Dr. Reddy's Laboratories Ltd. was down 0.41%, and HDFC Bank Ltd. was down 0.37% as stocks trading in the red.
FY26 earnings growth expected to rebound 12-13%
The report published on June 11, 2025, mentioned that FY26 earnings growth is expected to rebound to 12-13% for Nifty 50 companies.
Market Snapshot
Nifty 50 opened higher, trading around 25,136 on June 11
On June 11, 2025, the Indian Nifty 50 opened higher, tracking gains in Asian markets, trading at 25,136 around 9:30 am, up 0.13%. Around 10:20 AM in New Delhi, the NSE Nifty50 index was trading 47.46 points up at 25151.7.
NSE Nifty was up 68.0 points at 25172.25
Nifty closed with minor gains, held above breakout point
On June 11, 2025, India’s headline indices closed with minor gains, with weakness in bank and financial stocks offsetting gains in IT stocks. The Nifty remained volatile but held above the breakout point.
Nifty likely to consolidate with slight upward bias
On June 11, 2025, the market was expected to continue in a consolidation range with a slight upward bias. A sustained breakout above Nifty 25100 would require significant buying.
Nifty50: 29 stocks in green, 21 in red
On June 11, 2025, in the Nifty50 index, 29 stocks traded positively, while 21 stocks traded negatively.
Top Movers
HCL Tech, Infosys up; Shriram Finance, Power Grid down
On June 11, 2025, HCL Tech, Infosys, Tech Mahindra, Wipro and ONGC were among top gainers during the day, while Shriram Finance, Power Grid, Adani Ent., Adani Ports SEZ and BEL ended in the red. Top gainers in the Nifty pack included HCL Technologies Ltd.(up 3.23%), Infosys Ltd.(up 2.2%), and Tech Mahindra Ltd.(up 1.66%), while top losers included Shriram Finance Ltd.(down 2.05%), Power Grid Corporation of India Ltd.(down 1.87%), and Adani Enterprises Ltd.(down 1.23%).