The Indian stock market witnessed a positive start on Monday, June 16, 2025, with both the Sensex and Nifty showing upward movement in early trade. The Sensex is trading above 81,300, while the Nifty is approaching the 24,800 mark. This comes after a decline in the previous trading sessions, influenced by global cues and geopolitical tensions.

Market Overview

As of 9:18 am IST, the Sensex gained 248.02 points, or 0.31%, to reach 81,366.62, after opening lower at 81,034.45. The Nifty 50 was up by 68.80 points, or 0.28%, trading at 24,787.40. The Gift Nifty, trading at 24,790, had earlier signaled a gap-down opening of about 170 points for the Nifty.

Broader market indices also reflected positive sentiment. The Nifty MidCap index added 0.38 per cent, while the Nifty SmallCap index rose 0.60 per cent. Among sectors, Nifty IT was the top gainer, with a rise of 0.43 per cent, whereas the Nifty PSU Bank index was the top loser, down by 0.4 per cent.

Factors Influencing the Market

Several factors are influencing market movements, including:

• Geopolitical Tensions: Escalating tensions in West Asia, particularly between Israel and Iran, continue to be a key concern. Rising commodity prices, especially oil, are a direct consequence of these tensions as nuclear sites and oil infrastructures have come under attack.
• Global Cues: Mixed trends in global markets are contributing to cautious sentiment among investors. Asian markets showed mixed performance, with Japan's Nikkei and Korea's Kospi rising, while Hong Kong's Hang Seng and China's Shanghai Composite experienced declines.
• FII and DII Activity: Foreign portfolio investors (FIIs) remained net sellers of Indian equities for the third consecutive session, while domestic institutional investors (DIIs) continued to be net buyers for the 21st straight session.
• Rupee Movement: The Indian rupee weakened by 49 paise to end at 86.09 on Friday, trading between 85.94 and 86.21 intraday. On Monday, the rupee fell 11 paise to 86.22 against the US dollar in early trade.

Expert Views

Analysts suggest that investors are likely to adopt a cautious approach, balancing risk and opportunity. Vinod Nair, Head of Research at Geojit Investments Ltd, noted that early optimism from progress in US–China trade negotiations was overshadowed by geopolitical tensions after reported strikes on Iran's nuclear facilities. This has led to a global risk-off sentiment and a rally in safe-haven assets.

According to VLA Ambala, Co-Founder of Stock Market Today, Nifty 50 is expected to find support between 24,450 and 24,330, while facing resistance in the range of 24,750 to 24,860 in today's market session.

Stock Specific Action

• Power Grid: Power Grid Corporation of India was among the top gainers. Technically, Power Grid Corporation of India share price will see immediate support at 277.60 and immediate resistance would be seen at 297.60.
• Bajaj Finance: Shares of Bajaj Finance jumped over 2% as the stock started trading ex-split and ex-bonus.
• Tata Motors: Tata Motors expects 5%-7% FY26 EBIT margins for its luxury unit Jaguar Land Rover (JLR).

Overall Sentiment

The Indian stock market is showing resilience amid global uncertainty. While geopolitical tensions and FII selling are concerns, positive domestic cues and DII buying provide support. Investors are advised to remain vigilant and consider a buy-on-dips strategy as long as the Nifty holds above the 24,500 level.