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Mid-day market check: SENSEX surges over 800 points; PSU banks, Waaree Energies, Sun TV among buzzing shares
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4 min read | Updated on June 20, 2025, 12:44 IST
SUMMARY
Shares of project financing companies such as PPFC, IREDA, HUDCO, and REC Ltd, as well as state-run banks like PNB, Union Bank of India, Central Bank of India, and SBI, surged in the trade on Friday, June 20, as the Reserve Bank of India (RBI) on Thursday eased provisioning rules for infrastructure loans.
Stock list
Shares of Eternal formerly known as Zomato rose as much as 1.8% to hit an intraday high of ₹253.45. | Image: Shutterstock
The Indian equity benchmarks surged in noon deals on Friday, June 20, after relaxed project financing norms for banks and NBFCs by Reserve Bank of India and continuous buying by foreign institutional investors lifted bullish sentiment, analysts said. The SENSEX rose as much as 825 points and NIFTY50 index reclaimed its important psychological level of 25,000 powered by gains in index heavyweights like Reliance Industries, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India and Mahindra & Mahindra.
Here are buzzing shares in Friday's session:
Among individual names, shares of Power Finance Corporation (PFC) rallied as much as 5.4% to ₹411.45 apiece on the NSE. REC Ltd shares were trading 4% higher at ₹398.80 apiece on the NSE. Indian Renewable Energy Development Agency (IREDA) shares were trading over 3% higher at ₹163.60 apiece on the NSE.
Among PSU banks, PNB and the Central Bank of India were trading over 2% higher. The NIFTY PSU BANK index was trading 1% higher at 6,801.85 levels. All the 12 constituents were trading in the green.
The RBI on Thursday said it would require lenders to set aside 1% of the value of loans for under-construction infrastructure projects to cover potential losses, easing its earlier draft proposal that envisaged provisioning rising up to 5%, following an appeal by lenders.
In a legal notice Dayanidhi Maran has accused Kalanithi Maran and several others of fraudulent practices and misgovernance in taking control of Sun TV after their father's death in 2003. Dayanidhi also seeks to restore the company’s shareholding structure to its pre-September 2003 status, Mint reported.
On the BSE, it started trading at ₹632, up 2.93%.
As per NDTV Profit report as many as 97.80 lakh shares representing 0.1% equity changed hands on exchanges between ₹251-252 per share.
As many as 41.16 lakh shares changed hands on the National Stock Exchange as against an average trading volume 12.14 lakh shares.
On the BSE 3.32 lakh shares changed hands compared to an average of 91,000 shares traded daily in the past two weeks.
Over 54 lakh shares changed hands on the National Stock Exchange compared to an average trading volume of 24.51 lakh shares.
On BSE 2.46 lakh shares changed hands as against an average of 1.09 lakh shares traded daily in the past two weeks.
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