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Equity benchmark indices staged sharp rebound on Monday following broad-based selling in the last two trading sessions due to geopolitical situation in Iran and Israel, and ongoing US-China trade negotiations.
Sensex traded 674.26 pts or 0.83 per cent higher at 81,792.86 as at 12.47 pm after soaring 798 pts intraday. Nifty 50 climbed 212.40 pts or 0.86 per cent to 24,931.
The volatility index was down 2.51 per cent to 14.70. Midcap stocks traded with marginal gains while smallcap traded flat.
IT, metal and banking stocks drove the market in positive direction, while PSU bank index alone slipped to trade in red.
SBI Life, HDFC Life, Cipla, UltraTech Cement and Trent led the gainers of Nifty 50 components, while Tata Motors, Dr Reddy’s Laboratories, Adani Ports, Sun Pharma and Jio Financial traded as major laggards.
SBI Life and HDFC Life shares rose over 2 per cent, leading the Sensex pack. Cipla, UltraTech and Trent gained close to 2 per cent.
On the flip side, Tata Motors trade 3.71 per cent lower at the time of writing at ₹685.65 after dropping 5.5 per cent in early trade as JLR trimmed FY26 margin forecast
Dr Reddy’s, Adani Ports and Sun Pharma slipped 0.38 per cent to 0.74 per cent.
Shares of Coforge, Tech Mahindra, Persistent Systems, Mphasis and OFSS surged 2-3 per cent among IT index.
Among smallcap, Atul, Aster DM, MCX, KEC International and MGL gained 2-4 per cent.
PI Industries, IGL, KPIT Tech, Coforge and MFSL surged 3-4 per cent among midcap stocks.
A total of 2,834 stocks traded on the National Stock Exchange, of which 1,130 advanced and 1,615 declined.
As much as 56 stocks — including Force Motors, Indef Manufacturing, Invesco India Fold Exchange Traded Fund, JK Cement, Max Health and Muthoot Finance — hit a 52-week high. Meanwhile, Ease My Trip and Shalby were among the 27 stocks that hit 52-week low.
Shares of Cosmo First, Axiscades, Unimech and 53 others hit the upper circuit, and 69 stocks hit the lower circuit.
On the BSE, Sterlite Technologies rallied 12 per cent, Galaxy Surfactants and Teamlease climbed 5 per cent. On the losing side, Lloyds Engineering Works tumbled 13 per cent. Tata Motors, West Coast Paper Mills, Hatsun Agro and Avantel depreciated 3-4 per cent.
In addition, shares of Spicejet and Bajaj Finance were in focus due to Q4 numbers and ex-bonus, ex-stock split.
Stay tuned with live updates on Bajaj Finance here
Published on June 16, 2025
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