Nifty, Sensex End Higher; Nifty Reclaims 20-DEMA Led by Infosys and HDFC Bank
On Monday, June 16, the Indian equity benchmark indices closed in the green, recovering from a two-session decline amid tensions in the Middle East. The gains were led by shares of Infosys and HDFC Bank.
After opening in the green, the Nifty 50 experienced a period of volatility. However, it later gained momentum, reclaimed its 20-day exponential moving average (20-DEMA), and ended the session higher.
Finally, at the closing bell, the Nifty 50 ended up by 227.90 points or 0.92%, at 24,946.50, crossing above 20-DEMA. The Sensex surged by 677.55 points or 0.84% to 81,796.15.
Crude oil prices stabilised on Monday after surging 7% on Friday, following U.S. President Donald Trump's push for peace talks between Israel and Iran.
All 11 sectors ended in positive territory. The broader markets, the Nifty Mid-cap and Nifty Small-cap indices, closed in green.
Among individual stocks,
The Nifty IT index surged by 1.57% on Monday. Mphasis jumped over 2.39%, emerging as the top gainer among the IT stocks.
Explore more companies in the IT sector stocks overview.
The key drivers of the index gains were:
On the other hand, these stocks weighed on the index:
The broader market indices ended in green, with the Mid-cap 100 index surging by 0.93% and the Small-cap 100 index jumping by 0.95%.
As of June 16, 2025, the Indian stock market witnessed neutral market breadth. Out of 3,021 stocks traded on the NSE, 1,483 advanced, 1,488 declined, and 90 remained unchanged.
A total of 66 stocks touched their 52-week highs, while 27 hit their 52-week lows. Additionally, 85 stocks were locked in their upper circuits, whereas 80 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.
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