Tensions hit Indian stock markets but auto, bank stocks climb
On June 18, 2025, Indian stock markets closed in the red for the second consecutive session. The benchmark Sensex settled 0.17% lower at 81,444, while the Nifty 50 dropped 41.35 points, closing at 24,812. Despite the overall decline, certain sectors and stocks showed remarkable resilience, with bank and auto stocks leading the charge.
IndusInd Bank, one of the prominent private sector lenders, gained 5.11% on the day, pushing its market capitalization above Rs 5.5 lakh crore. The bank’s stock has been on a tear lately, driven by its strong quarterly earnings and its plans to expand its operations in the rural market. Titan, another prominent stock, rose 2.15% as investors were optimistic about its growth prospects in the coming quarters.
The resilience of bank and auto stocks was a welcome respite from the overall market weakness. The Nifty Bank index, which tracks the performance of banking stocks, rose 1.13% on the day, while the Nifty Auto index gained 1.46%. The gains were driven by a combination of factors, including strong quarterly earnings, optimism about the economic recovery, and positive news flows from the sector.
On the other hand, technology and consumer durables stocks witnessed selling pressure. TCS, one of the largest IT services companies in the country, dropped 2.62% on the day, weighed down by concerns about the company’s growth prospects in the coming quarters. Hindustan Unilever, another large-cap consumer goods company, fell 1.53% as investors were concerned about the company’s ability to maintain its growth momentum in the face of increased competition.
The decline in technology and consumer durables stocks was attributed to a combination of factors, including concerns about the economic recovery, concerns about the impact of the Russia-Ukraine conflict on global supply chains, and concerns about the company’s growth prospects in the coming quarters.
The decline in Indian stock markets on June 18, 2025, was attributed to a combination of factors, including concerns about the economic recovery, concerns about the impact of the Russia-Ukraine conflict on global supply chains, and concerns about the company’s growth prospects in the coming quarters.
In addition to the sector-specific trends, the overall market weakness was also attributed to the decline in global markets. The US stock market, which is closely watched by investors, fell 0.5% on the day, weighed down by concerns about the impact of the Russia-Ukraine conflict on global supply chains and concerns about the economic recovery.
Despite the decline in Indian stock markets, investors were optimistic about the long-term prospects of the market. The Sensex is still up over 20% in the current calendar year, driven by strong quarterly earnings, optimism about the economic recovery, and positive news flows from the sector.
In conclusion, while Indian stock markets closed in the red for the second consecutive session on June 18, 2025, certain sectors and stocks showed remarkable resilience. Bank and auto stocks led the charge, driven by strong quarterly earnings and optimism about the economic recovery. Investors were optimistic about the long-term prospects of the market, driven by strong quarterly earnings, optimism about the economic recovery, and positive news flows from the sector.
Source: https://ticker.finology.in/discover/market-update/daily-indian-stock-market-wrap-up-june-18-2025
