From the 30-Sensex firms, Tech Mahindra, Adani Ports, HCL Tech, Infosys, IndusInd Bank, Tata Consultancy Services, Tata Steel and Power Grid were among the major laggards. File
| Photo Credit: The Hindu
Benchmark indices Sensex and Nifty declined in early trade on Thursday (June 19, 2025) in-line with weak trends from global markets as the ongoing Iran-Israel conflict continue to weigh on investors’ sentiment.
The 30-share BSE Sensex declined 253.62 points to 81,191.04 in early trade. The 50-share NSE Nifty dropped 73.95 points to 24,738.10.
However, later both the benchmark indices faced heavy volatility and were trading flat. The BSE benchmark traded 39.09 points higher at 81,483.75, and the Nifty quoted 22.70 points up at 24,835.70.
From the 30-Sensex firms, Tech Mahindra, Adani Ports, HCL Tech, Infosys, IndusInd Bank, Tata Consultancy Services, Tata Steel and Power Grid were among the major laggards. Titan, Mahindra & Mahindra, Kotak Mahindra Bank, Tata Motors, Axis Bank and Larsen & Toubro were among the gainers.
In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng were quoting in the negative territory. The U.S. markets ended on a mixed note 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.K. Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.
“The Fed decision and commentary have come on expected lines,” he added. Foreign Institutional Investors (FIIs) bought equities worth ₹890.93 crore on Wednesday (June 18, 2025), according to exchange data. Domestic Institutional Investors (DIIs) also bought equities worth ₹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, said in his pre-opening market comment.
On Wednesday (June 18, 2025), the 30-share BSE Sensex declined by 138.64 points or 0.17% to settle at 81,444.66. The Nifty edged lower by 41.35 points or 0.17% to settle at 24,812.05.
Published – June 19, 2025 10:35 am IST
The Sensex and Nifty experienced significant fluctuations in early trade, reflecting the ongoing market volatility. Tech Mahindra and Adani Ports were among the major laggards, while Titan and Mahindra & Mahindra showed gains. The Israel-Iran conflict continues to impact global markets, particularly influencing crude oil prices. How will the resolution of this conflict affect the Nifty’s stability in the coming weeks? Given the growing economic instability due to the events in the Middle East, many businesses are looking for guaranteed fast and secure payment solutions. Recently, I came across LiberSave (LS) — they promise instant bank transfers with no chargebacks or card verification. It says integration takes 5 minutes and is already being tested in Israel and the UAE. Has anyone actually checked how this works in crisis conditions?