Sensex Nifty Live Updates June 17: Markets End Lower Amid Global Weakness; Nifty Settles at 24,853

Indian markets ended lower on Tuesday, tracking weakness in global peers. The Nifty 50 slipped 0.37% to close at 24,853, while the Sensex declined 0.26% to settle at 81,583. Asian markets posted a mixed performance, with Japan’s Nikkei advancing 0.59% even as the Hang Seng and Shanghai Composite saw slight declines. European indices were trading sharply lower mid-session, and U.S. futures indicated a potentially weak start, reflecting broad-based caution in global equities.

Stock Market Highlights, June 17:

• Weak Domestic Close: Indian indices ended in the red, with the Nifty 50 falling 0.37% to 24,853 and the Sensex slipping 0.26% to 81,583. Tech Mahindra, Infosys, and Asian Paints were the top gainers, while Adani Enterprises and Sun Pharma dragged the indices lower.
• Mixed Global Cues: Asian markets showed varied performance, with Japan’s Nikkei rising 0.59%, while the Hang Seng and Shanghai Composite saw marginal declines. European indices were trading lower mid-session, and U.S. futures hinted at a negative start, with the Dow and Nasdaq futures down over 0.5%.
• Top Movers: Tech Mahindra led the gainers with a 1.46% rise, followed by Infosys and Asian Paints. On the losing side, Adani Enterprises dropped 2.18%, while Sun Pharma and Dr. Reddy’s each declined over 2%.

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 15:39 IST

Stocks in News Today:

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

NTPC

NTPC has informed exchanges that its board will meet on June 21, 2025, to discuss raising up to ₹18,000 crore via bond issuance. The fundraising may involve the issue of secured or unsecured, taxable or tax-free, redeemable non-convertible debentures (NCDs), contingent on shareholder approval.

Biocon

Biocon has launched a qualified institutional placement (QIP) to raise ₹4,500 crore. The floor price for the offering has been fixed at ₹340.20 per share, as per SEBI’s pricing regulations.

Asian Paints

Reliance Industries has executed a major block deal involving the sale of 8.5 million Asian Paints shares at ₹2,207 each. ICICI Prudential Mutual Fund acquired the entire lot. This move follows RIL's recent stake reduction of 3.64% in the company.

Zee Entertainment Enterprises

ZEE’s board has approved a proposal to issue up to 16.95 crore fully convertible warrants to promoter group entities through a preferential allotment. Each warrant is priced at ₹132, and the total fundraising is estimated at ₹2,237.44 crore.

Tanla Platforms

Tanla Platforms’ board has cleared a share buyback plan of up to ₹175 crore. The company intends to repurchase 20 lakh fully paid equity shares, equating to about 1.49% of its total equity, at ₹875 per share via the tender offer route.

Stock Market Outlook for June 17:

• Mixed Global Cues, Positive Tech Lead: U.S. markets ended higher with the Nasdaq surging 1.52%, showcasing strong momentum in tech stocks. Asian markets are mixed, with gains in Japan (Nikkei +0.61%) but slight losses in Hong Kong and China, potentially signaling cautious regional sentiment.
• Flat-to-Positive Domestic Start Amid Resistance: Nifty opened at 24,977, up 0.12% from the previous close. However, Gift Nifty is down 0.44%, suggesting possible intraday pressure. Max Pain levels at 24,800 for Nifty and 56,000 for Bank Nifty also possibly suggest resistance at higher levels.
• FII Selling Continues, but DII Support Strong: FIIs sold ₹2,539 crore worth of equities, extending their selling streak, while DIIs bought ₹5,781 crore — providing strong support to the market. This divergence may indicate underlying domestic confidence despite global uncertainties.
   

Indian Stock Market Recap: June 16

Indian stock markets ended higher in the previous session, snapping their recent losses. The Nifty 50 rose by 0.92% to close at 24,946, while the Sensex gained 0.84%, settling at 81,796.

Indian Market Cues:

Global Market Cues (U.S. Indices):

Asian Markets: 

Crude Oil Prices:

Bond Yields:

FII/DII Activity:

Foreign Institutional Investors (FIIs) Net Buy/Sell: -2539.4
Domestic Institutional Investors (DIIs) Net Buy/Sell: 5781

*As of 09:46 IST
 
This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.