Finance
Stock Market close highlights, Monday, June 16, 2025: Despite escalating global tensions following an escalation in the Israel-Iran conflict, Indian equity markets held firm and recorded a rapid recovery. The major indices, the Sensex and the Nifty50, each climbed by over 1%.
After reaching an intraday high of 81,865.82, the Sensex closed at 81,796.15, up 677.55 points, or 0.84 percent. The Nifty50 closed at 24,946.50 levels, up 227.9 points, or 0.92 percent.
In the broader markets, the Nifty Midcap100 and Nifty Smallcap100 indices closed with gains of 0.93 percent and 0.95 percent, respectively.
On a sectoral basis, all sectors closed with gains. The Nifty IT, Realty, Oil & Gas and Metal indices emerged as top gainers up by 1.57 per cent, 1.32 per cent, 1.11 per cent and 1.07 per cent, respectively. Nifty Bank, Energy, Media, FMCG, Consumer Durables and Pharma also settled higher.
Among the Sensex constituents, 27 out of 30 equities closed higher, with Ultratech, Tech Mahindra, HCL Tech, TCS, Eternal, Kotak Mahindra Bank, and Infosys all up by more than 2%. Tata Motors, Sun Pharma, and Adani Ports were the sole laggards. Tata Motors was the biggest loser, closing 3.76 percent down.
However, crude oil prices dropped somewhat on Monday. The benchmark WTI crude was down 0.6 percent to $72.56 a barrel.
Meanwhile, the India VIX, which measures market volatility, fell 1.6 percent to 14.83 points.
Source: BS
