Markets snap two-day fall as Nifty nears 25,000 and Sensex rises 678 points
NOOR MOHMMED
16/Jun/2025

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Nifty rose nearly 228 points to 24,950 while Sensex climbed 678 points, breaking a two-day losing streak
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All sectoral indices closed in green; top gainers included SBI Life, UltraTech Cement and HDFC Life
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United Drilling surged 20% on ONGC order; Omaxe gained over 13% on 260-acre Amritsar land deal
On June 17, 2025, Indian equity markets started the week on a bullish note, bouncing back after a two-session decline, with the Nifty closing just shy of the 25,000 mark and the Sensex advancing over 675 points. The uptrend was supported by broad-based buying across sectors despite mixed global cues and lingering tensions in the Middle East.
At the closing bell, the Sensex stood at 81,796.15, up by 677.55 points or 0.84 percent, while the Nifty50 ended at 24,946.50, gaining 227.90 points or 0.92 percent.
Key Highlights
Indices Performance
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Nifty 50 ended just 54 points shy of 25,000, marking a significant intraday recovery
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Sensex added over 675 points, rebounding from previous lows
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BSE Midcap index gained 0.9 percent while Smallcap index rose 0.4 percent, both recovering from intraday pressure
Inflation Boost
Sentiment was aided by the release of Wholesale Price Index (WPI) data, which showed wholesale inflation easing to a 14-month low of 0.39 percent in May, down from 0.85 percent in April, marking the third consecutive monthly decline. The data reinforced market expectations of continued monetary policy easing by the Reserve Bank of India (RBI).
Top Nifty Gainers
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SBI Life Insurance
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UltraTech Cement
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Bharat Electronics Ltd (BEL)
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HDFC Life
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Oil and Natural Gas Corporation (ONGC)
These stocks led the rally on the back of institutional buying, positive sectoral developments, and valuation support.
Top Nifty Losers
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Tata Motors – extended losses after JLR guidance flagged weak free cash flow outlook
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Dr Reddy's Laboratories
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Adani Ports
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Sun Pharma
Tata Motors continued to remain under pressure after its subsidiary Jaguar Land Rover (JLR) highlighted macroeconomic uncertainties and guided for flat free cash flows.
Sectoral Indices
All sectoral indices ended in the green, reflecting broad market participation:
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Banking, FMCG, Capital Goods, Consumer Durables, IT, Metals, Realty, and Oil & Gas indices rose between 0.5 to 1 percent
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IT stocks saw modest gains, tracking cues from Nasdaq and renewed optimism in AI-linked demand
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Realty stocks gained on account of strong project announcements and land acquisition news
Stock-Specific Actions
United Drilling | ↑ 20%
Shares of United Drilling surged 20 percent after the company received an order worth Rs 107.5 crore from ONGC. The order involves rig deployment and engineering services, strengthening the company’s order book.
Archies Ltd | ↑ 9%
Shares gained nearly 9 percent after the company announced it received $800,000 worth export orders from the US. The development renewed interest in the legacy greeting card and gifting company.
Godrej Properties | ↑ modestly
The real estate major’s shares rose after it said it would develop a 14-acre land parcel in Hoskote, Bengaluru, aiming to strengthen its presence in the southern market. The project aligns with Godrej’s expansion strategy into high-growth micro-markets.
Syngene International | ↑ 1%
Syngene added over 1 percent after it confirmed that the USFDA completed an inspection with zero observations, which boosted investor confidence in the company’s compliance and operational efficiency.
Omaxe | ↑ 13%
Omaxe shares soared over 13 percent after the company announced acquisition of 260 acres of land in Amritsar. In the first phase, 127 acres will be developed into a residential-cum-commercial township.
Natco Pharma | ↓ on FDA update
Shares of Natco Pharma declined after it was issued a Form 483 with one observation by the USFDA post-inspection. Though not severe, such observations can delay approvals and affect sentiment in the near term.
Outlook Ahead
The market rebound, driven by inflation moderation and broad-based sector participation, has improved sentiment. With RBI’s dovish monetary stance, further rate cuts are expected if inflation continues to trend downwards.
Investors are now eyeing upcoming quarterly results for Q1 FY26, and any global cues around oil prices, geopolitical developments, and US Fed commentary will be closely watched.
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