Sensex Nifty Live Updates June 13: Indian Markets Slide; Nifty Settles Below 24,750

Indian markets ended the day with a negative bias, as both benchmark indices closed in the red. The Nifty 50 slipped 0.68% to settle at 24,718, while the Sensex declined 0.70% to close at 81,118. Asian markets mirrored the cautious sentiment, with the Nikkei falling 0.89% and the Shanghai Composite down 0.71%. European indices traded lower mid-session, and U.S. futures also pointed to a potentially weak start, indicating broad-based global uncertainty.

Stock Market Highlights, June 13:

• Benchmarks Slide: Indian markets closed lower as Nifty 50 fell 0.68% to 24,718 and Sensex dropped 0.70% to 81,118, dragged by weak global cues and broad-based selling.
• Top Movers: Bharat Electronics led the gainers with a 1.76% rise, followed by ONGC and Tech Mahindra. Adani Ports fell the most at 2.82%, with SBI and ITC also seeing notable declines.
• Global Cues Remain Weak: Asian and European markets traded in the red, while U.S. futures pointed to a lower opening, reflecting continued global investor caution.

Stay informed with our in-depth look at what’s driving the stock market tomorrow.

Top Gainers:

Top Losers:

Indian Market Closing Cues:

Asian Markets: 

European Market Mid-Session Update:

U.S. Markets Live Today

*As of 15:36 IST

Stocks in News Today:

Here are the top stocks to watch today following their latest earnings and key business updates.

RIL & Asian Paints:

On Thursday, Reliance Industries Ltd (RIL) offloaded a 3.64% equity stake in Asian Paints, amounting to ₹7,703 crore. The transaction was executed via the open market, with SBI Mutual Fund emerging as the buyer. The stake sale was carried out through RIL's affiliate, Siddhant Commercials Pvt Ltd, which sold 3.5 crore shares, according to NSE block deal data.

CSB Bank:

CSB Bank has received a green signal from the Reserve Bank of India (RBI) for the reappointment of Pralay Mondal as Managing Director and CEO. His new three-year term will commence on September 15, 2025.

Torrent Power:

Torrent Power, headquartered in Ahmedabad, revealed that its subsidiary, Torrent Green Energy, has secured a 300 MW wind energy project. The project was awarded by the Solar Energy Corporation of India (SECI).

Jubilant Pharmova:

On June 12, Jubilant Pharmova announced that its board has approved the transfer of its active pharmaceutical ingredient (API) division. The business will be moved to Jubilant Biosys Ltd, a wholly owned subsidiary, through a slump sale arrangement.

HCL Technologies:

HCL Tech has been selected as a key strategic partner by Volvo Cars. The Swedish luxury carmaker will collaborate with the Indian IT firm for a range of engineering services.

Stock Market Outlook for June 13:

• Negative Opening Amid Global Weakness: Indian markets opened on a weaker note, with Nifty down 1.67%, tracking a sharp fall in Gift Nifty (-1.33%) and negative cues from Asian peers. Weak investor sentiment continues following the previous session's selloff.
• Volatility on the Rise: Low Put-Call Ratios (Nifty at 0.7141, Bank Nifty at 0.7238) indicate potentially increased bearish positioning and a volatile trading day ahead. Max pain levels at 25,000 (Nifty) and 56,000 (Bank Nifty) may act as near-term resistance.
• Crude Oil Jumps Amid Iran-Iraq Tensions: Geopolitical tensions between Iran and Iraq have driven crude oil prices sharply higher, with WTI Crude surging 9.45%. This spike may raise concerns over inflation and impact sectors like aviation, paints, and logistics. While DIIs remain net buyers, persistent FII outflows (₹-3,831.4 crore) may limit market upside.
   

Indian Stock Market Recap: June 12

Indian stock markets witnessed a sharp decline in the latest session. The Nifty 50 fell by 1.01% to close at 24,888, while the Sensex slipped 1.00% to settle at 81,691.

Indian Market Cues:

Global Market Cues (US Indices):

Asian Markets: 

Crude Oil Prices:

Bond Yields:

FII/DII Activity:

Foreign Institutional Investors (FIIs) Net Buy/Sell: -3831.4
Domestic Institutional Investors (DIIs) Net Buy/Sell: 9393.8

*As of 10:00 IST
 
This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.