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Nifty ends marginally lower amid escalating geopolitical tensions

18 Jun 2025 Evaluate

Indian equity benchmark -- Nifty -- ended marginally lower on Wednesday amid escalating conflict between Israel and Iran. Index made a flat-to-negative start followed by mixed cues from other Asian markets. Soon, index gained traction and traded in green terrain. Traders took some support from exchange data, which showed foreign institutional investors purchased equities worth Rs 1,482.77 crore on a net basis on Tuesday. However, in late morning session, index wiped out all its initial gains amid looming clouds of geopolitical tensions weighted on investors’ sentiments. In afternoon session, index continued its choppy trade as traders avoided to take risk ahead of the US federal reserve’s policy decision. In last leg of the trade, index showed some recovery from day’s low but unable to close in green. Finally, Nifty closed near 24,800 mark.

Most of the sectorial indices ended in red except Consumer Durables, Private Bank and Auto stocks. The top gainers from the F&O segment were IndusInd Bank, RBL Bank, and Avenue Supermarts. On the other hand, the top losers were Hindustan Zinc, Max Healthcare Institute and NHPC. In the index option segment, maximum OI continues to be seen in the 25900 - 26100 calls and 24400 - 24600 puts indicating this is the trading range expectation.

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