Stock Market close highlights: Sensex, Nifty settle higher; IT, OMC stocks rally; Bank, FMCG drag

Sensex Today | Stock Market close, Wednesday, June 11, 2025: HCL Tech, Infosys, Tech Mahindra, Bajaj Finserv and Reliance Industries were the top Sensex gainers

3:53 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: The Nifty remained volatile throughout the day before closing flat. However, the overall sentiment remains positive as the index continues to hold above the breakout point. Additionally, a golden crossover is in place, which supports the bullish outlook. Any dip should be viewed as a buying opportunity. Crucial support is placed at 24,850. As long as the index holds above this level, the trend is likely to remain positive, with potential to move towards 25,350 in the short term.

View by Rupak De, senior technical analyst, LKP Securities.

3:42 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: Profit booking continues in the broader markets, driven by elevated domestic valuations. However, large-cap resilience is supporting the indices, with institutional investors favouring companies with stable earnings outlooks. The Auto and IT sectors remain in focus—Auto stocks are gaining on improved monthly sales, while IT are benefiting from optimism around a potential US-China trade resolution. Meanwhile, following the recent rally, the market lacks clear direction as investors await key macroeconomic data and updates on trade negotiations. US inflation data, due later today, is expected to show a slight uptick, driven by recent tariff increases.

View by Vinod Nair, head of research, Geojit Investments Limited.

3:38 PM

Stock Market LIVE Updates: Broader markets end mixed

Stock Market LIVE Updates: At close, BSE Midcap was down 0.12 per cent and Smallcap was flat with a positive bias. 

3:36 PM

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

Stock Market LIVE Updates: HCLTech, Infosys, Tech Mahindra were the top gainers on Sensex. 

3:35 PM

Stock Market LIVE Updates: Nifty finishes at 25,141.4, up 37 pts

Stock Market LIVE Updates: NSE Nifty50 closed at 25,141.40, up 37.15 points or 0.15 per cent.

 

 

3:33 PM

Stock Market LIVE Updates: Sensex closes at 82,515.14, up 123 pts

Stock Market LIVE Updates: BSE Sensex settled at 82,515.14, up 123.42 points or 0.15 per cent. 

3:24 PM

Stock Market LIVE Updates: IEX shares crash 10% on market coupling buzz; what should investors do?

Indian Energy Exchange (IEX) witnessed a sudden decline in its share price on Wednesday, June 11, 2025. IEX shares tumbled 10.2 per cent today, hitting an intraday low of ₹188.5 per share on the BSE amid heavy volumes.

 

The sudden decline in IEX share price came amid a report that Power Minister Manohar Lal could apprise all the relevant stakeholders on market coupling and its associated benefits. READ MORE

3:19 PM

Stock Market LIVE Updates: Jainik Power IPO Day 2 update; check subscription status, GMP, key dates

Stock Market LIVE Updates: The initial public offering (IPO) of aluminium maker Jainik Power and Cables has received a lacklustre response from investors so far. The SME offering, which opened for public subscription on Tuesday, June 10, has received bids for 47,24,400 shares, against 46,63,200 on offer, leading to a subscription of 1.01 times at 2:20 PM on Wednesday, showed NSE data. READ MORE 

3:10 PM

Stock Market LIVE Updates: Credit rating stocks CRISIL, CARE rally 6%

Stock Market LIVE Updates: Shares of listed credit ratings companies CRISIL and CARE Ratings rallied 6 per cent on the BSE in Wednesday’s intra-day trade on a healthy business outlook. 

 

Share price of CARE Ratings hit a record high of ₹1,946, as they surged 6 per cent on the BSE in intra-day trade. CRISIL’s share price also soared 6 per cent to ₹5,849.40 in intra-day trade. In the past one month, the stock price of CARE Ratings and CRISIL have zoomed by 51 per cent and 20 per cent, respectively. Meanwhile, ICRA was up 1.5 per cent at ₹6,695.10 in intra-day trade today, and has rallied 17 per cent in the past one month. READ MORE 

 

3:03 PM

Stock Market LIVE Updates: 'Oil prices above $65 are trading at upper end of a fundamentally justified range'

Stock Market LIVE Updates: Oil’s recent up move seems at odds with the outlook of surplus supplies. Globally soft demand, the petro-nations’ policy U-turn, and incremental growth from South America’s offshore platforms all point towards an oil market heading for abundance. Where do the tailwinds come from? The market mood had already been exceptionally depressed, and a new up-cycle seems in the making, likely lending tailwinds to prices. However, such support tends to be short lived. We believe that today’s oil prices above USD 65 are trading at the upper end of a fundamentally justified range.

The fundamental headwinds to oil prices seem well flagged and understood. The petro nations’ policy U-turn and the pledge to lift production restrictions swiftly by more than one million barrels per day should already be sufficient on its own to meet expected global demand growth. The incremental growth coming from the development of offshore resources in Brazil and Guyana, alongside the production growth witnessed elsewhere, should tip the market into a surplus later this year. Importantly, most of the trends and factors underlying this surplus are less exposed to oil price swings.

The production growth comes from highly competitive resources where investment decisions were taken a while back. Oil demand is almost stagnant, partly due to the electrification of road transport and the shift from oil- to gas-based feedstocks in petrochemical production. This is particularly evident in China; however, electric vehicle sales have also regained momentum in Europe as of late.

View by Norbert Rücker, head economics and next generation research, Julius Baer.

 

3:00 PM

Stock Market LIVE Updates: 3 PM Update- Sensex up 137 pts; Nifty above 25,150

Stock Market LIVE Updates: At 3 PM, Sensex was at 82,528.38, up 136.66n points or 0.17 per cent and NSE Nifty50 was up  42 points or 0.17 per cent at 25,145.65.

Heavy buying was seen on IT and oil & gas counter. 

2:59 PM

Stock Market LIVE Updates: Indian depository NSDL plans IPO for July, expects to raise $400 million

Stock Market LIVE Updates: National Securities Depository Ltd. is pressing ahead with its plan for an initial public offering that is expected to raise about $400 million, according to people familiar with the matter.

 

The proposed listing of India’s oldest depository, which was initially cleared by the market regulator in October last year, is now slated to take place as soon as July, according to the people, who asked not to be named as the information is private. READ MORE 

2:47 PM

Stock Market LIVE Updates: Inox Wind Energy to merge with Inox Wind following NCLT's approval

Stock Market LIVE Updates: The Chandigarh bench of National Company Law Tribunal (NCLT) has approved the merger of Inox Wind Energy Ltd and Inox Wind Ltd, a decision that will streamline the wind business vertical of the INOXGFL Group and improve overall operational efficiencies. READ MORE

2:38 PM

Stock Market LIVE Updates: Ireda raises over ₹2,000 crore via QIP

Stock Market LIVE Updates: State-owned Ireda has raised over ₹2,000 crore through the issuance of qualified institutions placement.

 

The QIP was oversubscribed with bids amounting to ₹2,005.90 crore against the base issue size of ₹1,500 crore, achieving a subscription of 1.34 times. READ MORE

2:30 PM

Stock Market LIVE Updates: Indian equities have tripled 80% of time in 10 yrs

Stock Market LIVE Updates: Indian equities have tripled 80% of the time over a 10–11-year period, according to data compiled by ACE MF and FundsIndia Research as of May 31, 2025.

 

The numbers tell a powerful story: patience in the market pays. READ MORE