Sensex Nifty Live Updates June 18: Markets End Flat Amid Profit Booking and Mixed Global Cues

Indian markets ended flat on Wednesday, with both the Nifty 50 and Sensex slipping 0.17% to close at 24,812 and 81,444 respectively, as investors booked profits after recent highs. IndusInd Bank led the gainers with a sharp 5.11% rally, while TCS emerged as the top loser, falling 1.82%. Asian markets saw a mixed close—Japan’s Nikkei rose 0.90%, whereas the Hang Seng and Shanghai Composite declined. European indices were trading slightly higher mid-session, while U.S. futures pointed to a potentially positive start, reflecting cautious optimism in global equities.

Stock Market Highlights, June 18:

• Markets End Flat: Both Nifty 50 and Sensex slipped by 0.17%, reflecting mild profit booking after recent gains.
• Top Gainers & Losers: IndusInd Bank led the gainers with a 5.11% rise, while TCS was the top loser, down 1.82%.
• Global Cues Mixed: Asian markets closed mixed; Nikkei rose 0.90% while Hang Seng fell 1.12%. U.S. futures traded in the green.

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 15:35 IST

Stocks in News Today:

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

Hindustan Zinc & Vedanta

Hindustan Zinc, a Vedanta Group company, is set to invest ₹12,000 crore over the next three years. This substantial capital will be used to boost its refined metal production by 250 KTPA, aligning with its long-term goal of nearly doubling its capacity within five years. Meanwhile, reports indicate that Vedanta plans to offload shares worth around ₹7,500 crore—equivalent to a 1.6% equity stake—via block deals, with a floor price set at ₹452.5 per share.

Delhivery

Delhivery has received approval from the Competition Commission of India (CCI) to acquire a majority stake in Ecom Express for approximately ₹1,407 crore. This move marks a key step in the consolidation of India’s logistics sector.

Ola Electric Mobility

Ola Electric has rolled out its 0% commission policy nationwide, enabling drivers to retain 100% of their fare earnings. This initiative could significantly boost driver incomes and improve platform engagement.

Tata Power Renewable Energy (TPREL)

TPREL has launched its "Ghar Ghar Solar" campaign in Bhubaneswar, Odisha. The initiative aims to make solar energy more accessible, offering rooftop solar installations starting from ₹2,499 for a 1 kW system, thereby encouraging widespread adoption of clean energy.

Ugro Capital

Ugro Capital’s board is scheduled to meet on June 20 to deliberate on raising funds through preferential allotment of convertible securities. In addition, the company has signed a definitive agreement to acquire full ownership of Profectus Capital for ₹1,400 crore by purchasing 100% of its equity.

Stock Market Outlook for June 18:

• Mixed Global and Domestic Signals: Despite a positive Gift Nifty indicating a mildly bullish domestic start (+0.6%), major U.S. indices closed in the red, with the Dow Jones down 0.70% and the Nasdaq sliding 0.91%, signaling cautious global sentiment.
• Options Data Shows Mixed Trend: Nifty PCR at 1.03 potentially suggests mild bullishness, but Bank Nifty's low PCR (0.72) signals bearishness. Max Pain at 24,800 (Nifty) and 56,000 (Bank Nifty) hint at possible limited upside.
• Institutional Buying May Provide Support: Strong DII (₹8,207 Cr) and FII (₹1,482 Cr) inflows could support markets despite global volatility.
   

Indian Stock Market Recap: June 17

Indian stock markets ended lower in the previous session, halting their recent gains. The Nifty 50 slipped by 0.37% to close at 24,853, while the Sensex declined 0.26%, settling at 81,583.

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: 1482.8
Domestic Institutional Investors (DIIs) Net Buy/Sell: 8207.2

*As of 09:49 IST
 
This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.