Falling Oil Prices offer support while Kotak Mahindra Bank gains in today's session
The Indian stock market trades lower on Tuesday, June 17, 2025. Benchmark indices Sensex and Nifty open weak and continue to remain under pressure as the session progresses. Rising geopolitical tensions in West Asia keep market sentiment cautious. However, a slight decline in oil prices helps limit the losses during the day.
Market Overview
At mid-session, the BSE Sensex trades at 81,604.18, down 192 points or 0.23%. The Nifty50 remains at 24,890.20, slipping 56 points or 0.22%. Both indices trade in negative territory as investors monitor global developments.
Global Cues Affect Sentiment
Tensions in West Asia continue to weigh on global markets. Investors stay cautious due to uncertainties surrounding the conflict in the region. However, oil prices fell by up to 1.6% overnight, which provided some support to the market. Lower oil prices help reduce inflationary concerns and improve the outlook for sectors like auto, aviation, and energy importers.
Sector-Wise Performance
Most sectoral indices trade lower today as broader market sentiment remains weak. However, select pockets show resilience.
Declining Sectors
Nifty Pharma Index falls 0.59%, with selling pressure seen in pharmaceutical stocks.
Nifty Metal Index drops 0.44%, as global commodity prices soften amid uncertain demand.
Gaining Sectors
Nifty Realty Index rises 0.87%, showing strength despite broader market weakness. Real estate stocks attract buyers on the expectations of steady housing demand.
Broader Markets
In the broader market, both mid-cap and small-cap indices trade in positive territory.
Nifty MidCap Index gains 0.31%.
Nifty SmallCap Index adds 0.21%.
Mid-cap and small-cap stocks outperform the large-cap space, as investors continue selective buying in specific stocks outside the main indices.
Top Gainers and Losers on Sensex
Top Losers
Several heavyweight stocks dragged down the Sensex during today's session:
Tata Motors
IndusInd Bank
Ultratech Cement
Sun Pharma
Titan Company
Bajaj Finance
Bajaj Finserv
Nestle India
Mahindra & Mahindra (M&M)
Larsen & Toubro (L&T)
These stocks face selling pressure due to profit-taking and sector-specific concerns.
Top Gainers
Some stocks manage to gain even as the market trades lower:
Kotak Mahindra Bank
Axis Bank
NTPC
ICICI Bank
Adani Ports
Power Grid Corporation
Buying interest in these stocks provides some support to the benchmark indices, helping limit losses.
IPO Activity Today
The IPO market remains active, with several public issues progressing through various stages.
New Listing
Jainik Power IPO (SME) lists on the stock exchanges today.
IPOs Opening for Subscription
Eppeltone Engineers IPO (SME) opens for subscription today.
IPOs on Day 2 of Subscription
Samay Project IPO (SME)
Patil Automation IPO (SME)
IPOs on Day 3 of Subscription
Oswal Pumps IPO (Mainline)
Aten Papers & Foam IPO (SME)
IPO Allotment
Monolithisch India IPO (SME) reaches its allotment stage.
The strong activity in the IPO market shows continued investor interest in primary market opportunities, even as secondary markets remain cautious.
Expert Views on Today's Trading
Market experts observe a cautious undertone across the Indian market today. Global developments, particularly tensions in West Asia, keep investors on edge. However, the slight drop in oil prices offers some relief, helping limit broader market declines.
Technical analysts suggest that the Nifty50 may trade within a range of 24,800 to 25,100 during the session, with both support and resistance levels remaining tight. Any fresh developments on the geopolitical front may trigger sudden market movements.
Domestic factors, including corporate earnings and IPO activity, continue to attract investor attention, providing stock-specific opportunities.
Market Performance Snapshot
Index | Current Level | Change (%) |
Sensex | 81,604.18 | -0.23% |
Nifty50 | 24,890.20 | -0.22% |
Nifty MidCap | Positive | +0.31% |
Nifty SmallCap | Positive | +0.21% |
Nifty Pharma | Negative | -0.59% |
Nifty Metal | Negative | -0.44% |
Nifty Realty | Positive | +0.87% |
Corporate Highlights
Auto stocks like Tata Motors trade lower due to profit-booking.
Pharma companies face selling pressure after recent gains.
Realty stocks outperform, led by DLF, Godrej Properties, and others.
Banking stocks like ICICI Bank, Kotak Mahindra Bank, and Axis Bank offer support to the market.
Power sector stocks such as NTPC and Power Grid attract steady buying interest.
Market Outlook for the Rest of the Session
As trading continues, Indian benchmark indices remain in the negative zone but off their morning lows. Traders closely watch news from West Asia for any sudden developments. Global cues, oil price movements, and sector rotations will likely drive the remaining trading hours.
Mid-cap and small-cap stocks may continue to see buying support as investors seek opportunities in quality companies outside the large-cap space.
Banking, realty, and power stocks show relative strength, while autos, pharma, and metals witness pressure. IPO market activity remains active and continues to draw retail participation.
The Indian stock market trades lower on June 17, 2025, weighed down by global tensions and cautious investor sentiment. Declines in heavyweight sectors like auto, pharma, and metals pull benchmark indices into the red. However, select sectors such as banking, real estate, and power provide partial support.
Mid-cap and small-cap stocks continue to outperform, while IPO activity stays strong across both SME and mainboard segments. The day remains eventful as global headlines, oil prices, and sector-specific developments guide intraday market action.