Auto, Private Banks, Consumer Durables Among Sectoral Gainers at NSE Today

Mumbai, June 18 – Nifty 50 opened on a positive note today, 18th June, at 24,788.35 level and briefly touched a high of 24,947.55, but gave up early gains as weakness in IT, FMCG, and some financial stocks weighed on sentiment.

Sectoral Picture: IT, FMCG Drag; Auto, Private Banks See Gains

The Nifty IT index was down 0.89% as of 1:20 PM IST, with all 10 of its parts trading in the red. The FMCG index also fell 0.48% because big stocks lost value. The Nifty Financial Services and Nifty PSU Bank indices also went down, by 0.30% and 0.17%, respectively.

The Nifty Auto index, on the other hand, went up by 0.60% to a high of 23,564.95 before going back down a little. The Nifty Private Bank index went up 0.25%, which helped private banks a little.

Midday Index Summary (As of 1:22PM IST)

Index	Last Price	% Change	Day’s High	Day’s Low
Nifty 50	24,792.35	-0.17%	24,947.55	24,766.90
Nifty Next 50	66,751.55	-0.14%	67,309.75	66,738.90
Nifty Bank	55,738.75	+0.12%	55,933.60	55,511.80
Nifty Financial Services	26,359.80	-0.30%	26,507.75	26,324.20
Nifty Auto	23,365.80	+0.64%	23,564.95	23,130.05
Nifty IT	39,093.65	-0.67%	39,572.50	39,027.70
Nifty FMCG	54,435.35	-0.50%	54,804.80	54,357.20
Nifty Smallcap 100	18,427.60	+0.04%	18,523.20	18,270.85
India VIX	14.27	-0.95%	14.82	14.11

Market Breadth

Across NSE-listed stocks, advances stood at 1011, while declines outnumbered at 1859, and 83 remained unchanged, indicating broad-based selling pressure.

Volatility Drops; India VIX Nears 14 Mark

The India VIX, a key volatility gauge, slipped nearly 1% to 14.27, suggesting a subdued risk appetite amid sectoral churn and global uncertainty.

Broader Market Indices: Mixed Moves

The Nifty Midcap 100 fell 0.45% to 58,115.40, while Nifty Smallcap 100 managed a marginal gain. The Nifty 200 and Nifty 500 indices slipped 0.19% and 0.17%, respectively.

Despite the weakness, select momentum and quality-focused indices like the Nifty200 Momentum 30 and Nifty100 Alpha 30 held ground, suggesting rotation into resilient mid-tier names.

Outlook

While the headline indices showed limited movement, the underlying data signals caution. Persistent selling in defensive sectors like FMCG and IT suggests a broader market realignment. As the day progresses, investors will be closely watching global cues and institutional flows in the second half for clearer directional guidance.

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