Market Commentary: Indian equity markets getting weighed down today by negative global cues

At around 10:50 a.m. Indian standard time, 12^th June, 2025, Indian equity markets are in red. Nifty 50 is down by 83.45 points or 0.33%. Sensex is down by 283.77 points or 0.34%.  Indian equity markets are getting weighed down today by negative global cues.

Top gainers & losers

Top gainers at this time are Asian Paints, ONGC and Bajaj Finserv. Top losers at this time are Infosys, Eternal and Tata Markets. Asian Paints’ stock price is up today after Rs 7,700 crore block deal in the stock.

ONGC is gaining again today after tensions in Middle East increase. Oil prices have jumped after President Trump said that nuclear talks with Iran have stalled. Iran said that it would attack US bases in Middle East if it is attacked. US withdrew its staff from its embassy in Iraq. Oil prices have increased by around 7% in the past 1 week.

Infosys is seeing some profit booking today. Tata Motors and some other auto stocks are down today after reports came that automobile dealers have unsold inventory of record Rs 51,000- Rs 52,000 crore.

Market breadth is negative

All the broader market indices are in red at this time. Nifty Smallcap 50 is the top loser. It is down by 0.49%. Top small cap stocks are seeing selling pressure today. Among sectoral indices, Nifty Healthcare index is the top gainer at this time. It is up by 1.08%. Nifty IT index is the top loser at this time. It is down by 0.70%

Market breadth is negative today. 1211 stocks are advancing at this time. 1364 stocks are declining.

Disclaimer: This content is only for informational purpose. It does not make any recommendation to act or invest. To get any error corrected, please write to content@hdfcsec.com.

Source: NSE