Benchmark indices Sensex and Nifty declined in early trade on Thursday (June 19, 2025) in-line with weak developments from global markets as the continuing Iran-Israel battle proceed to weigh on traders’ sentiment.
The 30-share BSE Sensex declined 253.62 factors to 81,191.04 in early trade. The 50-share NSE Nifty dropped 73.95 factors to 24,738.10.
Israel-Iran battle LIVE: Iran fires contemporary wave of missiles; Israel sounds sirens in Tel Aviv, Jerusalem
However, later each the benchmark indices confronted heavy volatility and have been buying and selling flat. The BSE benchmark traded 39.09 factors increased at 81,483.75, and the Nifty quoted 22.70 factors up at 24,835.70.
From the 30-Sensex companies, Tech Mahindra, Adani Ports, HCL Tech, Infosys, IndusInd Bank, Tata Consultancy Services, Tata Steel and Power Grid have been among the many main laggards. Titan, Mahindra & Mahindra, Kotak Mahindra Bank, Tata Motors, Axis Bank and Larsen & Toubro have been among the many gainers.
In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng have been quoting in the adverse territory. The U.S. markets ended on a combined be aware on Wednesday (June 18, 2025). Global oil benchmark Brent crude dipped 0.27% to $76.49 a barrel.
“The 24,500-25,000 range for the Nifty is likely to hold till news from the Israel-Iran conflict change for the better or for the worse. If news of deescalation of tensions break, Nifty will break out of the upper band of the range. If the news is about escalation of tensions, particularly relating to troubles in the strait of Hormuz resulting in sharp spike in crude, it would be difficult for Nifty to hold on to the 24,500 support level,” V.Ok. Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, mentioned.
“The Fed decision and commentary have come on expected lines,” he added. Foreign Institutional Investors (FIIs) purchased equities price ₹890.93 crore on Wednesday (June 18, 2025), in response to alternate information. Domestic Institutional Investors (DIIs) additionally purchased equities price ₹1,091.34 crore.
“Domestic equities could see a subdued to weak opening as the conflict between Israel-Iran continues to stay grim with both sides refusing to budge. The biggest worry for India would be crude oil prices, which has been rising since the outbreak of the war and if the war prolongs it would have greater impact in terms of an uptick in import bill. Nervousness is likely to continue as the U.S. Fed has held rates steady, but sees two rate cuts by the year end which should give some breathing space to investors worldwide,” Prashanth Tapse, Senior V-P (Research), Mehta Equities Limited, mentioned in his pre-opening market remark.
On Wednesday (June 18, 2025), the 30-share BSE Sensex declined by 138.64 factors or 0.17% to settle at 81,444.66. The Nifty edged decrease by 41.35 factors or 0.17% to settle at 24,812.05.
Published – June 19, 2025 10:35 am IST
