MARKET OVERVIEW AND NIFTY, BANKNIFTY OUTLOOK

Market Overview The Indian equity markets experienced a cautious session on June 17, 2025, with key indices slipping amidst geopolitical tensions and global uncertainty. The BSE Sensex closed down by 213 points, settling at 38,536.74, while the NSE Nifty 50 fell by 93 points to close at 24,873, dipping below the 24,900 psychological support level. Investor sentiment remained fragile due to escalating geopolitical concerns in the Middle East and cautious economic data from global markets. Top Nifty 50 Gainers

: +1.46% (Closed at Rs 1,718.60) : +0.99% (Closed at Rs 1,639.90) (TCS): +0.85% RattanIndia: Notable gains recorded IIFL Capital: Strong upward momentum Top Nifty 50 Losers : -2.31% (Closed at Rs 2,485) : -2.06% : Significant decline observed : Among the top decliners : Dropped by approximately 2% Sector Performance The Information Technology sector outperformed the broader market, buoyed by positive earnings and deal wins. Conversely, the healthcare and metal sectors recorded losses amid profit booking and external pressure. Additional Market Insights The Indian Rupee traded steady at Rs 86.3 against the US Dollar. Gold prices held firm at Rs 99,248 per 10 grams, while silver prices edged up by 0.9% to Rs 107,583 per kilogram. Global uncertainties stemming from geopolitical tension and US political developments weighed on investor risk appetite. Disclaimer- Investment and trading is subject to market risk, take advice from your adviser before taking any trade, above information is only for knowledge purpose, it is not any advice or suggestion.