Market Closing updates 12th June 2025: Nifty closes at 24,888.20, Sensex down by 823.16 Points

Indian benchmark indices saw a decline, prolonging losses during the afternoon session of trading on the back of mixed global signals. The trading session ended with the Sensex falling by 823.16 points to 81,691.98, and the Nifty losing 253.20 points to close at 24,888.20.

Key Drivers and Economic Context

The performance of the market was governed by a number of economic indicators. In spite of better-than-expected U.S. inflation figures, with the headline Consumer Price Index (CPI) standing at 2.4% and core CPI at 2.8%, the market remained in the consolidation process. Domestically, Indian companies posted strong Q4 earnings, with corporate profits following GDP growth, sustaining the 17-year high corporate profit-to-GDP ratio of 4.7% in FY25. International factors also had an influence, such as President Trump's announced intention to announce unilateral tariff rates for trade partners within two weeks and the EU's efforts towards simpler quality control certification under a trade agreement with India.

Significant Corporate and Sectoral Developments

BharatGPT Mini, a compact and infrastructure-light language model, has been launched. It supports text-in, text-out operations in 14 Indic languages and is capable of functioning offline making it highly accessible across regions with limited connectivity.

INOX India has unveiled India's first ultra-high-purity ammonia T-50 ISO tank container, aimed at bolstering the country’s semiconductor and solar panel ecosystems.

ICICI Bank has pledged over ₹550 crore to the Tata Memorial Centre to support the expansion of cancer care facilities in Visakhapatnam.

SBI has partnered with Mumbai Metro Rail Corporation Ltd. (MMRC) to introduce 'RuPay On-The-Go' contactless ticketing for Mumbai Metro Line 3. SBI will be the exclusive issuer of these cards for the metro line.

Aptech Limited has secured a contract from a state government agency for conducting computer-based testing, further strengthening its presence in the digital assessment space.

Anupam Rasayan has made a strategic entry into the lithium-ion battery chemicals segment by signing a Letter of Intent to supply Lithium Hexafluorophosphate (LiPF6). Additionally, the company signed a long-term Master Purchase Agreement with a Japanese multinational for the supply of specialty chemicals.

SEPC has won a ₹650-crore solar EPC contract in Maharashtra, marking a significant addition to its renewable energy portfolio.

Shakti Pumps has been awarded an order worth approximately ₹114.58 crore to supply 4,500 off-grid solar photovoltaic water pumping systems under the PM-KUSUM scheme.

Talbros Automotive Components and its joint ventures have bagged orders worth around ₹580 crore from top OEMs, which will be executed over the next five years.

Garden Reach has signed an agreement with the Geological Survey of India to build two coastal research ships, reinforcing its shipbuilding capabilities.

NIBE has received an order worth ₹233.3 million for the supply of Armor Plate, marking another milestone in its defense and industrial products segment.

Sterlite Technologies-Dilip Buildcon Consortium has secured a $308 million contract from BSNL, a significant boost to its telecom infrastructure business.

Marine Electricals has bagged new orders totaling ₹604.4 million, contributing to its growing order book in the marine and industrial segments.

One 97 Communications (parent company of Paytm) dropped by up to 7% following the Finance Ministry's denial of reports on the reintroduction of the merchant discount rate (MDR) on UPI transactions.

Indian benchmark indices slipped amid cautious global cues and the weekly expiry of the Sensex is trading at 82,177.93, down by 334.39 points, while the Nifty 50 is trading at 25,043.10, slipping about 94.55 points. Sectoral performance was mixed, with pharma and media sectors showing resilience, while IT  index declined by about 0.04%, auto by 0.80%, and PSU banks  index dropped 0.3%.  faced selling pressure.

Globally, markets remained cautious with the S&P 500 futures down and Asian markets mixed, reflecting ongoing uncertainties around the US-China trade deal and Middle East tensions. Investors are awaiting key inflation data and further clarity on trade negotiations, which are expected to influence market direction in the near term.

Top 5 Gainers in the Market

Asian paint 

• Opening Price: ₹2224 
• Current Price: ₹2248.1.80
• Change: +1.80%

Asian Paints showed positive momentum today after a significant block deal in the pre-opening session, which boosted buying interest among investors.

Dr Reddy 

• Opening Price: ₹1360
• Current Price: ₹  1368.10
• Change: +1.26%

Dr. Reddy's Laboratories is gaining today due to strong quarterly results and positive developments in its drug pipeline, attracting buyer interest.

Apollo Hospital 

• Opening Price: ₹6932
• Current Price: ₹ 7013.50
• Change: +1.24%

Apollo Hospitals is showing positive momentum today due to its ongoing large-scale expansion plans involving thousands of new beds across India, supported by strong revenue growth and increased patient occupancy.

Bajaj Finance Service 

• Opening Price: ₹2016 
• Current Price: ₹ 1706
• Change: +1.00%

Bajaj Finance is seeing positive movement today driven by investor interest ahead of its upcoming stock split and bonus issue, along with strong quarterly earnings and a recent block deal supporting liquidity.

 Sun Pharma 

• Opening Price: ₹ 1694.90
• Current Price: ₹  1706
• Change: +0.91%

Sun Pharmaceutical Industries is gaining traction today driven by a recent dividend announcement and steady revenue growth, which have bolstered investor confidence in the stock.

Top 5 Losers in the Market

 M&M 

• Opening Price: ₹ 3088
• Current Price: ₹ 3038.60
• Change: -1.37%

Mahindra & Mahindra is experiencing selling pressure today amid broader weakness in the auto sector and cautious investor sentiment, reflecting concerns over market volatility and sectoral challenges.

Eternal 

• Opening Price: ₹ 257.07
• Current Price: ₹ 253.82
• Change: -1.26% 

Eternal is facing selling pressure today amid overall market volatility and concerns over foreign shareholding restrictions, which have dampened investor sentiment.

Tata Steel 

• Opening Price: ₹156 
• Current Price: ₹ 154.56
• Change: -1.18%

Tata Steel is under pressure today due to broader market volatility and sector-specific concerns, including recent bearish technical signals and cautious investor sentiment.

Shriram Finance

• Opening Price: ₹689 
• Current Price: ₹ 677.95
• Change: -1.18%

Shriram Finance is facing selling pressure today amid high trading volumes, as investors react to broader market volatility and cautious sentiment despite the company's strong financial position.

 Tata motors 

• Opening Price: ₹ 1108.90 
• Current Price: ₹ 1091.70
• Change: -1.14%

Tata Motors is facing selling pressure today due to concerns over currency fluctuations affecting Jaguar Land Rover’s margins, higher-than-expected incentives in key markets, and potential challenges with new model acceptance, which have weighed on investor sentiment.

Market Open Update

The Nifty 50 index opened at 25,164.45, marginally above its previous close of 25,141.40, and currently stands 1,112.9 points below its all-time high. The BSE Sensex also began the day on a positive footing, opening at 82,571.67. Banking stocks were off to a steady start, with the Nifty Bank index opening in the green at 56,480.90, posting early gains of around 0.19 per cent.

The Nifty opened Thursday’s trade on a muted note, pausing after a six-session winning streak, as traders turned cautious ahead of the weekly options expiry. The cautious sentiment also follows former US President Donald Trump’s announcement of a potential trade deal with China, which failed to generate enthusiasm on Wall Street overnight.

With key inflation data expected later in the day and the market nearing expiry, investors are likely to tread cautiously. More updates to follow.

As of  9:25 AM,  the Sensex was trading up at 82,571.67, up 0.07%, while the Nifty rose 0.30% to 25,178.85.

Asian Markets Mixed as Investors Eye Global Signals

Equity markets across Asia posted a mixed performance in early Thursday trade, setting a cautious tone ahead of the Indian market’s opening. Japan’s Nikkei 225 dropped 0.75%, while the broader Topix index slipped 0.43%. Australia’s ASX200 hovered near the flatline with a slight downward bias. On the other hand, South Korea’s Kospi gained 0.4%, reflecting resilience amid global uncertainty.

US-China Trade Deal Close, But Wall Street Ends Lower

US markets closed marginally lower overnight despite optimism around a potential trade breakthrough between Washington and Beijing. Futures across the S&P 500, Nasdaq 100, and Dow Jones were down 0.2% in early Asia hours, signalling a cautious mood. The Dow Jones ended flat with a mild negative bias, the S&P 500 lost 0.27%, and the Nasdaq fell 0.5% as investors digested softer-than-expected inflation data. US CPI for May rose just 0.1%, undershooting the 0.2% forecast, while core CPI also came in weaker, reinforcing hopes of a dovish monetary stance.

Indian Markets Set for Guarded Open on Global Signals

Against this backdrop of a near-complete US-China trade deal and easing US inflation, global markets are treading with guarded optimism. Indian indices are expected to open higher, but with close attention to evolving global trends. Domestic macro data and the weekly derivatives expiry will also influence today’s session.

Gold Prices Rise as Investors Seek Safety

Gold prices edged higher, driven by softer US inflation data and renewed global uncertainty. International gold hovered around $3,395 per ounce, up 1.5%. In India, 24-carat gold was quoted at ₹9,841 per gram, 22-carat at ₹9,021, and 18-carat at ₹7,381 - marking marginal gains across purity levels.

Crude Prices Ease Slightly After Rally to Two-Month High

Oil prices cooled slightly in early trade. Brent crude was last seen at $69.40 per barrel, down 0.5%, but remained close to a two-month high. The recent rally was fueled by Middle East tensions and a sharp drop in US crude inventories. The potential for a US-China agreement continues to add volatility to oil markets.

Rupee Steady Against US Dollar

The Indian rupee remained stable against the US dollar in early trade. The greenback was quoted in the ₹85.50–₹85.75 band, with the interbank rate around ₹85.53. Currency markets have been largely range-bound over the past week, mirroring the broader stability in global financial markets.

Stocks to Watch

Among individual stocks, shares of Paytm plunged over 10 per cent in early trade after the Finance Ministry’s clarification on merchant discount rate (MDR) sparked fresh concerns over revenue visibility for digital payment platforms. Meanwhile, CE Info Systems, the parent company of MapMyIndia, also came under pressure after a block deal involving 8.6 lakh shares, representing approximately 5.3 per cent of the equity, took place at ₹1,813.70 per share.

Meanwhil,e here are other stocks to watch today:

Maruti Suzuki India: Received NCLT approval for the first motion to merge Suzuki Motor Gujarat into the parent company, streamlining operations.

ICICI Bank: Sold its entire 18.8% stake in NIIT-IFBI to NIIT for ₹6.11 crore; NIIT-IFBI is no longer an associate

Wipro: Around 18.05 crore shares (1.72% stake) were traded between promoter group entities via open market deals.

Hindustan Copper: Announced a ₹2,000 crore capex plan to expand mine capacity to 12.20 MTPA by FY31 and added 123 MT of reserves.

NTPC: Raised $750 million via ECB to support growth and expansion strategies.

Canara Bank: Cut MCLR by 20 basis points across all tenures, effective June 12, which may potentially lower borrowing costs.

PhonePe: Plans to sell up to a 5% stake in CE Info Systems (MapMyIndia), worth ₹476 crore at ₹1,750 per share.

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