A wave of global caution washed over Indian markets on Thursday, June 19, 2025, leaving the Sensex and Nifty with a slightly sour taste. Concerns over escalating Middle East tensions and the potential for US involvement dampened investor enthusiasm.
The Sensex shed 82.79 points (0.10%), settling at 81,361.87 after fluctuating between a high of 81,583.94 and a low of 81,191.04. The Nifty fared similarly, closing below the 24,800 mark at 24,793.25, a decrease of approximately 18.80 points.
Winners and Losers
While some sectors showed resilience, others lagged behind. Here's a snapshot of the day's top performers and underperformers:
Top Gainers: Mahindra & Mahindra (over 1.69%), Titan, Larsen & Toubro, Bharti Airtel, and Maruti.
Top Losers: Adani Ports, Bajaj Finance, Tech Mahindra, IndusInd Bank, Nestle India, and State Bank of India.
According to Shrikant Chouhan, Head of Equity Research at Kotak Securities, "We believe that, as long as the market is trading between 24,725/81200 and 24,875/81600, range-bound activity is likely to continue. A breakout above 24,875/81600 could push the market up to 25000-25050/82000-82200. Conversely, falling below 24,725/81200 may accelerate selling, potentially retesting levels of 24,500–24,475/80500-80300."
Asian Markets Mixed
Asian markets reflected a similar air of uncertainty. Japan's Nikkei 225 and Hong Kong's Hang Seng experienced declines, while South Korea's Kospi ended in positive territory. The Shanghai SSE Composite also closed lower.
Investor Activity and Rupee Dip
Foreign Institutional Investors (FIIs) injected Rs 890.93 crore into equities on Tuesday, while Domestic Institutional Investors (DIIs) contributed Rs 1,091.34 crore. However, the Indian rupee continued its downward trend, depreciating 30 paise against the US dollar to close at 86.73 (provisional), influenced by a stronger US dollar and rising crude oil prices.