Indian Markets Showing Recovery From Earlier Lows Of The Day

Mumbai, June 18, 2025: Indian equity markets are showing some recovery from the lows of earlier in the day, today. At 3:20 p.m. Indian standard time, 18th June, 2025, Nifty 50 is down by 42.15 points or 0.17%. Sensex is down by 148 points or 0.13%. Buying pull seems to have increased in the last half an hour, at this time.

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Nifty 50 Intraday Snapshot (As of 12:15 PM IST)

Metric	Value
Opening Level	24,788.35
Day High	24,947.55
Day Low	24,766.90
Last Traded	24,816.05
Previous Close	24,853.40
Absolute Change	-37.35 pts
Percentage Change	-0.15%
1-Month Performance	-0.67%
1-Year Performance	+5.91%
Traded Volume (shares)	12.01 crore
Turnover (₹ crore)	₹11,053

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IT Stocks Drag Index; Auto and FMCG Offer Limited Support

Market breadth remained tilted to the downside with 33 stocks declining, 16 advancing, and 1 remaining unchanged on the Nifty 50. Information Technology stocks led the losses, pulling the index lower. Key tech names like Infosys and HCLTech registered minor dips amid continued selling pressure.

Meanwhile, select auto and FMCG counters offered limited support. Maruti Suzuki, M&M, and Bharti Airtel were among the notable gainers showing relative strength.

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Key Stock Movements (Intraday Levels as of 12:15 PM IST)

Stock	High (₹)	Low (₹)	Current (₹)	Trend
Maruti	12,880	12,550	12,745	Positive
HCLTech	1,745	1,717	1,719.6	Weak
Bharti Airtel	1,869	1,843.1	1,868.5	Near day high
Infosys	1,644.7	1,621	1,629	Under pressure
Reliance	1,442.8	1,428	1,431.3	Sideways

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Global Weakness, Tech Selloff Behind Midday Dip

The lacklustre performance on Tuesday was primarily driven by weak global cues, including uncertainty over the US Fed’s future interest rate path and continued pressure on tech stocks in overseas markets. Hawkish comments from Fed officials regarding inflation control have kept investors on edge. As a result, Indian IT stocks mirrored the global tech correction, dragging the Nifty lower.

Meanwhile, investors appeared to rotate into relatively safer sectors like auto and FMCG amid the absence of fresh positive triggers. Market participants are holding off on major bets until further clarity emerges from upcoming domestic economic policy announcements and global macroeconomic indicators.

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Technical View: Nifty Awaits Directional Trigger

Technically, the Nifty 50 continues to trade about 5.6% below its 52-week high of 26,277.35, with immediate support pegged at 24,750. A sustained drop below this level may prompt further downside. On the upside, a move beyond 24,950 will be necessary to resume a bullish breakout.

Traders are holding off on aggressive positions as they await key domestic policy updates and global economic data, which could offer clarity on the market’s near-term direction.

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Outlook: Market Awaits Macro Cues, Policy Guidance

With sectoral leadership shifting and foreign flows uneven, short-term movement in the index will likely depend on upcoming events including the RBI’s commentary, global inflation data, and any indications from the US Federal Reserve regarding its interest rate strategy.

Until then, markets are expected to remain range-bound with a focus on stock-specific action.

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