Stock Market close highlights: Sensex down 213 pts, Nifty at 24,853; pharma top drag, IT bucks trend

Sensex Today | Stock Market close, Tuesday, June 17, 2025: In the broader markets, the Nifty MidCap index and the Nifty SmallCap index were down 0.79 per cent and 0.82 per cent, respectively.

3:50 PM

Stock Market LIVE Updates: Market expert's view

Stock Market LIVE Updates:  "Markets remained lackluster and ended nearly half a percent lower, continuing the ongoing consolidation phase. After an initial decline, the Nifty index traded within a narrow range and eventually settled at the 24,853.40 level. Barring the IT sector, all key indices edged lower, with pharma, metal, and realty among the top losers. Following the recent rebound, the broader indices also witnessed profit-taking and declined by over half a percent each.

 

In the absence of any major domestic events, global cues—such as updates on ongoing geopolitical tensions and the outcome of the FOMC meeting—will guide the market trend and are likely to keep volatility elevated. Amid this backdrop, participants should maintain a stock-specific trading approach while managing position sizes prudently."

 

Views by Ajit Mishra – SVP, Research, Religare Broking

 

3:49 PM

Stock Market LIVE Updates: Indian investors stay steady while foreign flows react to global tensions

"The Indian market hasn’t fully priced in the Israeli conflict yet. So far, the escalation hasn’t reached a threshold to trigger a sharp market reaction, but if tensions intensify further, a significant correction is likely. However, such a correction should be viewed as a ‘buy on dips’ opportunity, as the broader fundamentals remain strong. If geopolitical tensions flare up again, the most immediate impact would likely be felt in the oil markets. Any disruption in supply or trade routes can drive crude prices higher, which in turn puts pressure on oil marketing companies.

Additionally, we can expect a spike in gold prices as investors typically turn to safe-haven assets during uncertain times. Aviation may not be directly impacted unless there are broader disruptions to international routes or fuel costs rise significantly. FMCG may also see only limited impact unless supply chains are affected. This divergence in flows suggests that domestic investors are maintaining a steady outlook, showing confidence in the market despite global uncertainties.

On the other hand, foreign investors seem more cautious, likely reacting more sharply to geopolitical developments. This contrast highlights that domestic participants are focusing more on India’s structural strength, while foreign investors are responding to broader global risk factors."

 

Views by Swapnil Aggarwal, Director, VSRK Capital

3:39 PM

Stock Market LIVE Updates: Nifty IT index defies the market trend

Stock Market LIVE Updates: Barring Nifty IT, all other sectoral indices on the NSE settled in the red, with Nifty Pharma and Metal being the top laggards.

 

3:36 PM

Stock Market LIVE Updates: Here's a look at Sensex gainers and loser at close

Stock Market LIVE Updates: Tech Mahindra, Infosys, Asian Paints, and Maruti Suzuki India were among the top gainers on Sensex, while Tata Motors, Eternal, and Sun Pharma were among the top laggards.

3:35 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: All the broader market indices in the BSE settle in red on Tuesday. 

 

3:34 PM

Stock Market LIVE Updates: Nifty settles at 24,853

Stock Market LIVE Updates: The NSE Nifty settled at 24,853.40, lower by 93.10 points or 0.37 per cent from its previous close. 

 

3:34 PM

Stock Market LIVE Updates: Sensex settle with a loss 213 pts

Stock Market LIVE Updates: The BSE Sensex shed 212.85 points or 0.26 per cent to settle at 81,583.30. 

 

3:22 PM

Stock Market LIVE Updates: Ind-Ra affirms Bank of Baroda’s (BOB) long-term issuer rating at IND AAA/Stable

Stock Market LIVE Updates: Bank of Baroda (BOB) has informed the exchanges that, "India Ratings and Research (Ind-Ra) has affirmed Bank of Baroda’s (BOB)

Long-Term Issuer Rating at IND AAA/Stable and also affirmed existing rating on its debt instruments."

At last check, shares of Bank of Baroda were trading at Rs 238.05 per share, down 1.07 per cent from the previous close of Rs 240.62 on the NSE.

 

 

3:12 PM

Stock Market LIVE Updates: TechM trades higher for 10th straight day; should you buy, hold or sell?

Stock Market LIVE Updates: Shares of Tech Mahindra hit an over four-month high of Rs 1,724.25, gaining 2 per cent on the BSE in Tuesday’s intra-day trade in an otherwise weak market. In comparison, the BSE Sensex was down 0.34 per cent at 81,517 at 01:59 PM.

 

The stock of the large cap information technology (IT) company was quoting higher for the 10th straight trading day, surging 12 per cent during the period. It has bounced back 43 per cent from its 52-week low of Rs 1,209.70 hit on April 7, 2025. READ MORE

3:00 PM

Stock Market LIVE Updates: 3 PM Market Update

Stock Market LIVE Updates: Indian equity markets continued to trade lower on Tuesday amid ongoing tensions in West Asia due to the Israel-Iran conflict. At 3 PM, the BSE Sensex was at 81,538.88, down 257.27 points or 0.31 per cent, while the Nifty50 stood at 24,863.80, down 82.70 points or 0.33 per cent.

 

2:53 PM

Stock Market LIVE Updates: Patil Automation IPO Day 2 update: Fully subscribed, GMP hits 20%

Stock Market LIVE Updates:  The initial public offering (IPO) welding and line automation solutions company Patil Automation has entered the second day of public subscription and has received a decent response from investors so far. The issue has been fully subscribed with bids for 62,72,400 shares against 58,00,800 shares on offer, reflecting a subscription rate of 1.51 times. READ MORE

2:47 PM

Stock Market LIVE Updates: Aether Industries executes contract manufacturing agreement with Milliken Chemical

Stock Market LIVE Updates:  Aether Industries has informed the exchanges that it has "executed a Contract Manufacturing Agreement with Milliken Chemical and Textile (India) Co. Private Limited, a wholly owned subsidiary of the USA-headquartered Milliken & Company (Milliken)." Under this agreement, Aether will be the sole contract manufacturing partner for a key strategic product for Milliken. The initial duration of the agreement is 10 years. Aether’s manufacturing facility, Site 3+, will be fully dedicated to this project.

 

Aether Industries shares, at 2:45 PM on Monday, were quoted trading at ₹789 per share, down 0.32 per cent from the previous close of ₹791.50 apiece on the NSE.

 

2:37 PM

Stock Market LIVE Updates: TVS Motor enters Indonesian electric two-wheeler market with iQube

Stock Market LIVE Updates: TVS Motor Company on Tuesday announced its foray into the Indonesian electric two-wheeler market with its all-electric scooter iQube. The company's arm PT TVS Motor has opened bookings for iQube in Indonesia at an introductory price of IDR 29.9 million (around Rs 1.6 lakh), TVS Motor Company said in a statement. READ MORE

The TVS Motor Company shares were quoted trading at Rs 2,775 per share, down 0.77 per cent from its previous close of Rs 2,796.50 apiece on the NSE. 

2:26 PM

Stock Market LIVE Updates: Wall Street futures drop amid West Asia tensions

Stock Market LIVE Updates: Futures contracts in the US were trading lower on Tuesday after US President Donald Trump's comments in a social media post. S&P 500 futures were down 0.5 per cent. 

 

US President Donald Trump urged Tehran’s evacuation on Truth Social, saying: “Iran should’ve signed the deal. What a shame and waste of life. Iran can not have a nuclear weapon.” 

2:16 PM

Stock Market LIVE Updates: Hindustan Zinc to invest around ₹12,000 crore to double capacity

Stock Market LIVE Updates: Vedanta group firm Hindustan Zinc Ltd (HZL) will invest nearly ₹12,000 crore to double its capacity across zinc, lead and silver verticals. The decision was taken at HZL's board meeting on Tuesday. Read more