Nifty Registers Modest Gains; Nifty IT Jumps Over 1%, Extends Rally for Sixth Day, Broader Markets End in Red
On June 11, the Indian equity benchmark indices closed in the green. The Nifty 50 index also ended in the green, although off the day’s high.
After opening in positive territory and extending their early gains, the indices lost momentum and gave up most of their advances after midday. Throughout the day, the Nifty 50 index traded a 141-point range.
At the closing bell, the Nifty 50 ended up by 37.15 points or 0.15%, at 25,141.40. The Sensex surged by 123.42 points or 0.15% to 82,515.14. The rally in Indian equity benchmark indices was driven by IT stocks.
On Wednesday, the Nifty IT Index witnessed a rally of 1.26%. The Nifty Pharma index advanced by 0.56%. Out of 11 key sectoral indices, 5 sectoral indices registered gains.
Losses were seen in the broader markets with the Nifty Mid-cap and Nifty Small-cap indices closing in the red. On June 11, the Nifty Small-Cap Index snapped its 7-day winning streak.
Among individual stocks,
The Nifty IT index surged by 1.24% on Wednesday. HCL Technologies jumped over 3.2%, leading gains among IT stocks. Infosys and HCL Tech led the index to end the day in green.
The key drivers of the index gains were:
On the other hand, these stocks weighed on the index:
The broader market indices ended in red, with the Mid-cap 100 index declining by 0.49% and the Small-cap 100 index tumbling by 0.53%. The Nifty Small-Cap Index ended its 7-day winning streak.
As of June 11, 2025, the Indian stock market witnessed positive market breadth. Out of 2,995 stocks traded on the NSE, 1,608 advanced, 1,304 declined, and 83 remained unchanged.
A total of 76 stocks touched their 52-week highs, while 21 hit their 52-week lows. Additionally, 131 stocks were locked in their upper circuits, whereas 37 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.
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