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On Tuesday, Indian equity markets closed lower for the third consecutive session, with the BSE Sensex down 212.85 points and the NSE Nifty 50 falling by 93.10 points.
Technology majors Tech Mahindra Ltd., Infosys Ltd., Tata Consultancy Services Ltd. (TCS), and NTPC Ltd. were among the few gainers in an otherwise weak session on Tuesday, while Sun Pharmaceutical Industries Ltd., ETERNAL Ltd., Tata Motors Ltd., and Bajaj Finance Ltd. featured prominently among the laggards.
Indian equity markets closed in the red for the third consecutive session on Tuesday, weighed down by escalating tensions between Israel and Iran that spurred a selloff in global equities and commodities. The BSE Sensex declined 212.85 points or 0.26 per cent to 81,583.30, while the NSE Nifty 50 fell 93.10 points or 0.37 per cent to 24,853.40.
Tech Mahindra led the gainers’ pack with a 1.33 per cent rise to ₹1,716.60.
Infosys followed with a gain of 1.01 per cent, closing at ₹1,640.15.
Asian Paints advanced 0.93 per cent to ₹2,264.50, while TCS rose 0.57 per cent to ₹3,515.25.
NTPC also edged up by 0.48 per cent to ₹335.35.
Sun Pharma slumped 2.18 per cent to ₹1,648.85, emerging as the biggest Sensex loser.
ETERNAL dropped 1.92 per cent to ₹247.30, while Tata Motors slipped 1.70 per cent to ₹675.00.
Bajaj Finance shed 1.58 per cent to ₹922.90, and IndusInd Bank fell 1.40 per cent to ₹809.60.
The IT sector was the sole gainer, benefiting from defensive buying amid global turmoil, whereas pharma and metal stocks led the decline.
Broader market sentiment was weak, with 2,482 stocks declining against 1,497 advancing on the BSE. The Nifty Midcap 100 fell 0.66 per cent and the Nifty Next 50 dropped 0.71 per cent, underperforming frontline indices.
Rising crude oil prices amid the conflict intensified inflationary fears, especially for India, which is among the largest global oil importers.
“The Nifty opened on a flat note despite heightened global uncertainty... Crude’s climb is a major sentiment dampener for inflation-sensitive economies like ours,” said Sundar Kewat of Ashika Institutional Equity.
Published on June 17, 2025
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