Market Wrap: Nifty Slips as FMCG, PSU Banks, and Financials Weigh Down Performance
By Shishta Dutta | Updated at: Jun 13, 2025 11:07 PM IST
Mumbai, June 13, 2025 — Benchmark indices struggled on Thursday, with sectoral drag weighing heavily on the market. The Nifty 50 closed at 24,718.60, shedding 169.60 points or 0.68%, as 38 of its 50 constituents ended in the red. The broader market mirrored the weakness, with over 5,700 stocks across the NSE declining, signalling a widespread downturn. As the sell-off spread across sectors, investors remained cautious amid the prevailing market volatility.
Key Index Performance
| Index | Last | Change | % Change | 1M Change | 1Y Change |
|---|---|---|---|---|---|
| NIFTY 50 | 24,736 | -152.2 | -0.61% | +1.26% | +6.71% |
| NIFTY NEXT 50 | 67,047.65 | -488.85 | -0.72% | +3.8% | -3.8% |
| NIFTY BANK | 55,576.85 | -505.70 | -0.90% | +2.08% | +12.4% |
| NIFTY FINANCIAL SERVICES | 26,359.6 | -220.3 | -0.83% | +1.43% | +19.55% |
| INDIA VIX | 15.06 | +1.04 | +7.45% | -22.97% | -2.55% |
Volatility surged, with the India VIX climbing over 7% to 15.06, reflecting rising nervousness among traders.
Sectoral Snapshot
Major indices across Financial Services, FMCG, PSU Banks, and Private Banks bore the brunt of the sell-off:
| Sector | Last | % Change | Adv/Decl |
|---|---|---|---|
| NIFTY FIN SERVICE | 26,359.6 | -0.83% | 3 / 16 |
| NIFTY FMCG | 54,543.95 | -1.02% | 1 / 14 |
| NIFTY PSU BANK | 6,945.05 | -1.03% | 3 / 9 |
| NIFTY PRIVATE BANK | 27,547.5 | -0.84% | 0 / 10 |
| NIFTY METAL | 9,262.65 | -0.92% | 1 / 14 |
| NIFTY IT | 38,506.55 | +0.12% | 6 / 4 |
| NIFTY REALTY | 1,009.85 | +0.34% | 5 / 5 |
Only a few sectors like IT, Realty, and Healthcare closed with mild gains.
Breadth & Momentum Indicators
- Market Breadth: Declines outnumbered advances significantly with 5,705 stocks in red versus 2,284 advancing.
- Valuations: NIFTY 50’s PE stood at 22.37, PB at 3.62, and dividend yield at 1.18%.
- 52-Week Range (Nifty 50): 21,743.65 – 26,277.35
Outlook
The Nifty 50 is still trading near its top band for the year, but it has been sluggish in the short term because many are taking profits at higher levels and are wary about impending policy signals.
The rise in India VIX points to possible short-term volatility, while long-term investors are still comfortable with the value of their investments.
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