Sensex and Nifty Likely to See a Muted Start – Here's Why!
On Tuesday, June 17, Nifty 50 and Sensex are likely to start on a cautious note as investors remain alert to unfolding events related to the Israel-Iran conflict.
As of 7:20 AM, the GIFT Nifty was trading near the 24,971 mark, down 29 points from its previous close. This suggests that Indian markets are likely to witness a muted start.
Latest updates on the stock market today, with real-time Nifty 50 and Sensex data
In early deals, Asian peers were trading with gains and the U.S. markets closed on a positive note overnight, with the Nasdaq posting its strongest single-day percentage gain since May 27. That said, Wall Street index futures have slipped deep in red after report indicates U.S. President Trump tells 'everyone' to evacuate Iranian capital immediately
Regarding the institutional flow, the DIIs in Indian equities have remained net buyers for the past 20 trading sessions.
Get real-time market updates and movements across all indices.
On Monday, June 16, Foreign Institutional Investors (FIIs) were net sellers, having sold equities worth ₹2,287.69 crore. Domestic Institutional Investors (DIIs), on the other hand, bought shares totalling ₹5,607.64 crore during the same session.
India's unemployment rate climbed to 5.6% in May 2025, up from 5.1% in April, with the decline in agricultural activity being a contributing factor. According to the latest monthly labour force report covering both rural and urban regions, female unemployment stood slightly higher at 5.8%, compared to 5.6% for males across the country.
Amid escalating tensions in the Middle East, Iran has urged U.S. President Donald Trump to pressure Israel into halting its airstrikes. In response to the growing crisis, Trump announced his early departure from the G7 summit, stating he would soon return to Washington. Earlier, he shared a cryptic message on social media, advising people to evacuate Tehran, the capital of Iran.
On Monday, the Indian stock market ended with strong gains led by buying across sectors, snapping its two-day losing streak. The Sensex rallied 677.55 points, or 0.84%, to close at 81,796.15, while the Nifty 50 settled 227.90 points, or 0.92%, higher at 24,946.50.
Asian peers traded with gains on Tuesday ahead of the Bank of Japan’s policy decision.
U.S. markets closed higher on Monday as geopolitical tensions between Israel and Iran showed signs of easing, following Iran’s appeal to former U.S. President Donald Trump to help broker a ceasefire. The Dow Jones Industrial Average rose by 317.30 points (0.75%) to finish at 42,515.09. The S&P 500 advanced 56.14 points (0.94%) to end at 6,033.11, while the Nasdaq Composite jumped 294.39 points (1.52%) to settle at 19,701.21.
Crude oil prices moved higher amid escalating geopolitical tension between Iran and Israel, with reports suggesting that former US President Donald Trump called for a mass evacuation of Tehran. Brent crude futures advanced by 1.58%, reaching $74.39 per barrel, while US West Texas Intermediate (WTI) crude climbed 1.56% to $72.89 per barrel.
Gold prices bounced back as investors sought safe-haven assets in light of global uncertainties and ahead of the US Federal Reserve's upcoming policy decision. Spot gold increased by 0.5% to $3,399.90 an ounce, recovering from a more than 1% drop in the previous session.
The US dollar edged up slightly, although most major currencies remained within narrow trading bands. The dollar index rose marginally to 98.23. The Japanese yen strengthened to 144.70 per dollar, ahead of the Bank of Japan’s monetary policy announcement.
Disclaimer: The article is for informational purposes only and not investment advice.
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