The Indian stock market today closed lower, with the BSE Sensex slipping approximately 212 points (–0.26%) to 81,583.30 and the Nifty 50 falling about 93 points (–0.37%) to 24,853.40. Profit booking after yesterday’s rally and geopolitical jitters weighed on sentiment.

📊 Sector Performance Highlights

• Banking: HDFC Bank and ICICI Bank declined amid profit-taking.
• IT: Infosys outperformed with a +1% gain, ahead of peers.
• Auto: Tata Motors extended losses (~–1%) on JLR concerns.
• Pharma: Pharmaceutical stocks dropped up to 4% amid tariff risks.

🔝 Top 5 Gainers & Losers

Gainers

• STOCK X: +15%
• Infosys: +1.01%
• NTPC: +0.48%

Losers

• Vishal Mega Mart: –6.6%
• Reliance Industries: –0.5%
• Tata Motors: –1%

💵 FII/DII Net Flows

Foreign Institutional Investors (FIIs) sold ₹2,539 crore on June 16 while Domestic Institutional Investors (DIIs) bought ₹5,781 crore. Month-to-date, DIIs remain robust buyers, cushioning market volatility.

🌍 Key Macro-Economic & Global Drivers

• Geopolitics: Israel–Iran tensions and Trump’s Tehran evacuation call rattled sentiment.
• Crude Oil: Brent crude rose ~1.6%, heightening inflation fears.
• Currency: Rupee weakened to ₹86.24/USD, a 2-month low.
• Global Markets: US futures and Asian indices showed mild corrections.

👀 What to Watch Next

1. Upcoming U.S. Federal Reserve policy meeting outcomes.
2. RBI bond auction results and monetary guidance.
3. Midcap and IT sector earnings resilience.
4. Ongoing geopolitical developments in the Middle East.

🔗 Useful Links

For more IPO insights, visit NextIPOIndia.com.

📈 Market Chart

 

Overall, the Indian stock market today reflected a cautious mood, with investors watching global cues and institutional flows closely as key determinants for the short-term trend.