Indian equity indices experienced a subdued session on Tuesday, June 10, 2025, following a four-day rally. The Sensex closed at 82,391.72, down 53.5 points (-0.06%), while the Nifty50 ended at 25,104.25, gaining just 1.05 points. The day’s trading saw the Sensex touch an intraday low of 82,240.4.
Broader markets showed slight positive movement, with the Nifty Midcap100 remaining flat and the Nifty Smallcap100 gaining 0.14%. Investors appeared to be in a profit-booking mode, particularly in banking stocks, amid mixed global cues and ongoing U.S.-China trade talks.
The India VIX, a gauge of market volatility, decreased by 4.61% to 14.01, indicating a relatively calm sentiment among traders.
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Impact on the stock market
Sector-wise performance reflected that sentiment. Here’s a quick breakdown:
Realty: Nifty Realty Index fell 1.14%. Major drags: Prestige, Macrotech Developers, Anant Raj, DLF, Brigade Enterprises
Auto: Closed in the red amid broader weakness
Banking: Witnessed profit booking; ended negative
Financial Services: Declined on muted market sentiment
Oil & Gas: Ended in the red, tracking lower crude prices globally
| Sector/Index | Performance |
| IT & BPM sector | 1.67% |
| Healthcare sector | 0.40% |
| Oil & Gas sector | -0.08% |
| Real estate sector | -1.14% |
| PSU Bank in India | -0.52% |
Top gainers today
| Company | Price (in ₹) | Change % |
| Grasim Share Price | 2,708.00 | 3.81 |
| Dr Reddys Labs Share Price | 1,348.80 | 2.25 |
| Tata Motors Share Price | 732.25 | 2.01 |
| Tech Mahindra Share Price | 1,610.90 | 2.01 |
| Infosys Share Price | 1,596.00 | 1.47 |
Top losers today
| Company | Price (in ₹) | Change % |
| Trent Share Price | 5,814.00 | -1.68 |
| Asian Paints Share Price | 2,218.90 | -1.29 |
| Bajaj Finance Share Price | 9,497.50 | -1.14 |
| Tata Steel Share Price | 155.68 | -1.04 |
| Bajaj Finserv Share Price | 1,998.10 | -0.96 |
Market aftermath: Impact on stocks
Defence stocks regain momentum
After two days of correction, defence-related stocks bounced back strongly. Leading the pack was Mishra Dhatu Nigam (Midhani), rising 6% to Rs 445. The company specialises in advanced alloys and metals crucial for aerospace and defence.
- Market Cap: Rs 8,300 crore
- 52-week High/Low: Rs 541 / Rs 227
Data Patterns also gained 4.5%, closing at Rs 3,089. Known for its indigenous defence electronics solutions, the company has a niche presence in the Indian defence ecosystem.
- Market Cap: Rs 17,300 crore
- 52-week High/Low: Rs 3,655 / Rs 1,351
Dynamatic Technologies, a precision engineering firm from Bangalore, also rose by 4% to Rs 7,175.
- Market Cap: Rs 4,900 crore
- 52-week High/Low: Rs 8,937 / Rs 5,444
Other gainers in the defence sector included Bharat Electronics and Hindustan Aeronautics.
However, profit booking led to a decline in Garden Reach Shipbuilders & Engineers and Cochin Shipyard, both down by up to 2.6%.
Also read: Data Patterns soars on 60% profit jump
Cement stocks build strong rally
Grasim Industries and UltraTech Cement rallied sharply after global brokerage Morgan Stanley reiterated its bullish stance.
Grasim climbed 3.9% to Rs 2,711, thanks to optimism around its expanding paints business and new-age verticals while UltraTech Cement rose 1.5% to Rs 11,423.
- Projected Volume Growth (3-Year CAGR): 10%
- Industry Average Volume Growth: 7.5%
United Spirits hits 5-month high
United Spirits jumped 2% to Rs 1,626 after reports emerged that parent company Diageo might be exploring a stake sale in IPL team Royal Challengers Bengaluru (RCB).
- Market Cap: Rs 1.18 lakh crore
- 52-week High/Low: Rs 1,700 / Rs 1,237
Although United Spirits later called the media reports “speculative,” the stock continued to climb due to strong Q4 results and bullish brokerage ratings.
- Q4 Profit: Rs 451 crore (up 17% YoY)
- Citi Target Price: Rs 1,800
- JPMorgan Target Price: Rs 1,760 (up from Rs 1,415)
Crude oil remains steady despite global cues
Global crude oil prices saw marginal declines despite upcoming US-China trade negotiations, which could help ease trade tensions.
- Brent Futures: $66.41 (-0.09%)
- WTI Futures: $64.54 (-0.06%)
- MCX June Crude Oil: Rs 5535 (+0.02%)
Crude remained range-bound due to counteracting global factors: optimism from US job data and supply constraints (like Canadian wildfires), versus uncertainty over US-China tariffs.
Conclusion
Tuesday’s market movement reflected a cautious sentiment. While benchmark indices didn’t move much, there was plenty of action underneath. Defence, cement, and liquor stocks stood out amid weak trends in banking, auto, and realty.
With global trade negotiations on the horizon and brokerage houses sharing optimistic sectoral outlooks, the rest of the week might bring more clarity. For now, investors seem to be waiting on the sidelines, keeping a watchful eye on what comes next.
For more stock market insights, check out the StockGro blog.
