The Indian stock market faced a tough session on June 17, 2025, as mounting global tensions and weak global cues spooked investors across Dalal Street. With benchmark indices ending in the red, traders were clearly in a risk-off mode, bracing for volatility ahead. While a few tech giants managed to stay afloat, sectors like pharma and metal bore the brunt of the sell-off. If you’ve been tracking the markets or planning your next move, here’s everything you need to know—from the best and worst performing stocks to what lies ahead tomorrow.
1. Market Snapshot – June 17 Performance
The Indian stock market closed in the red on June 17, dragged down by creeping geopolitical tensions in the Middle East. The Nifty 50 dipped ~0.37% to 24,853, while the Sensex slipped ~0.26% to 81,583 . The tone remained cautious as global oil prices rose and US futures weakened .
2. Best and Worst Performers on Dalal Street
Worst performer:
- Adani Enterprises (AdaniEnt): dropped ~2.31% to ₹2,485, leading the Nifty 50 lows .
- Other laggards: Eternal (-2.06%), Dr Reddy’s (-2%), Tata Motors (-1.99%), and Sun Pharma (-1.91%) . Pharmaceuticals were hit hard after Trump hinted at tariffs .
Best performer:
- Tech Mahindra surged ~1.66%, topping Nifty gainers .
- Other notable gainers: Infosys (+0.87%), Asian Paints (+0.86%), Maruti (+0.54%), TCS (+0.45%) .
Mid‑cap standout: Mazagon Dock Shipbuilders zoomed ~4.44%, with Vishal Mega Mart up ~4.04% . Meanwhile, Nestlé India underperformed among FMCG, falling ~1.17% .
3. Why the Indian Stock Market Fell Today
- Geopolitical tension: Escalation in the Israel–Iran conflict and Trump’s Tehran warnings spooked markets .
- Oil costs: Rising crude amplified pressure on India’s import-heavy economy .
- Sector trends: Pharma and metals led losses, while IT firms bucked the trend .
- High activity names: Vishal Mega Mart had record intraday turnover (~₹11,709 cr), Tanla, Sterlite Tech, Mazagon Dock, and Tata Motors also saw heavy volume .
4. What to Expect on June 18, 2025
- Market direction: Indications from GIFT Nifty futures suggest a cautious, flat-to-slightly-lower opening . Analysts expect consolidation driven by global signals, including Middle East updates, crude trends, and monsoon forecasts .
- Stocks to watch tomorrow:
- HCL Technologies – highlighted by analysts as a key technical buy .
- MCX (Multi Commodity Exchange) – also on analysts’ radar .
- NTPC – upcoming board meeting (June 21) may drive speculation .
- Tech Mahindra – momentum could extend from today’s gains, supported by IT sector’s resilience.
5. Expectation
The Indian stock market is likely to open flat to subdued, with volatility persisting until clarity on global tensions.
High-potential picks:
- HCL Tech and MCX, owing to strong technical cues and trading volume trends.
- Tech Mahindra may ride IT sector strength, offering a safer play amid uncertainty.
Bottom Line
Geopolitical stress and rising oil prices weighed on the Indian stock market on June 17, pulling down benchmarks and sparking sectoral divergence. Tech names bucked the trend, offering potential outperformance. Tomorrow’s session seems set for cautious consolidation, with selective focus on HCL Tech, MCX, and Tech Mahindra.
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