Stock Market Daily News 23rd June 2025 : Overview of today’s trading session maid geopolitical tensions
India’s Stock Market on Friday jumps over 25000 in anticipation of easing Middle East tensions, following the announcement by United States of window to deliberate its involvement in the Israel-Iran conflict. During Action packed weekend, we saw unexpected U.S. airstrike on Iran’s nuclear facilities which disrupted those expectations, triggering a sharp rise in crude oil prices and leading to consolidation in the domestic equity market. Despite the initial setback, the market recovered most of its losses, supported by gains in capital goods and metal stocks, as fears of an immediate oil supply disruption remained low. Meanwhile, IT stocks came under pressure due to uncertainty around global tech spending, exacerbated by weak earnings reported by Accenture report.
The Nifty 50 index closed below 25000 losing almost 140 points today , down by 0.56% . Meanwhile, the Sensex index continued to trade with losses & closed at 81896 , losing about 500 points. Both Nifty & Sensex recovered a bit during intraday trading. Infosys, L&T & Tech Mahindra were top losers of NIFTY 50 losing over 2% today while Trent, Hindalco & BEL were top Nifty gainers.
Furthermore, the broader markets witnessed a bit of a resurgence, as the midcap and smallcap indices avoided major losses.Defence stocks, including BEL, and private players surged. Bharat Forge and ideaForge shares were also in focus, with the latter gaining 10%.
In line with the market cues, the earlier indices started the day in red. The Nifty index has now fallen below the 25,000 mark yet again, declining by over 250 points. The Sensex index opened with a major decline of over 600 points, thereafter extending losses to over 850 points, taking the index below the 82,000 mark.The defence stocks, particularly the shipbuilding stocks, surged, while tech stocks and Nifty IT stumbled by over 1.5 %.
Kerala Ayurveda stocks surged by over 18%. In addition, Ola Electric shares fell by over 4% in the opening hours of the day’s trade after a large block deal.The Indian equities have started the new trading week amidst escalating geopolitical tensions in West Asia. The US joining the attacks against Iran with Israel has impacted global equities, but not as badly as feared. Some of the Prominent top gainers in today’s session were Kerala Ayurveda, Zee Entertainment & Lakshmi Mills which gains almost 20% in today’s trading session. Northern Arc Capital gains over 8% as well.
Oil stocks will continue to remain in focus even as Union Minister Hardeep Singh Puri assured that India has multiple sources to import oil and companies have enough supply in place. Will be interesting to see further development & movement in US Market which will influence further course of action for tomorrow’s trading session