Nifty 50 Market Update – June 23, 2025
Today, the Nifty 50 index opened on a weak note, falling below the 25,000 mark. By 9:20 AM IST, it had dropped to around 24,923, down about 0.75% (189 points). Weak global cues and geopolitical tensions contributed to the selloff.
📉 Technical View:
Analysts see 25,200 as a critical resistance level. If the index crosses this, it may rally toward 25,600–25,900. On the downside, support lies at 24,700–24,500.
Nifty 50 Market Update |
🔎 Key Market Pressure Points:
1. Geopolitical Risks:
Tensions flared as the U.S. reportedly struck Iranian nuclear sites. This sparked fears over oil supply disruption, pushing Brent crude to a 5-month high and rattling global markets.
2. IT Sector Weakness:
A decline in U.S. tech stocks, including Accenture, affected Indian IT majors like Infosys, Wipro, and HCL Tech, dragging the index lower.
3. Global Cues Mixed:
Asian markets traded cautiously amid high oil prices and rising Middle East tensions. U.S. futures turned negative, reinforcing risk-off sentiment.
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📊 Sector & Stock Highlights:
Top Gainers: Nestlé India, ONGC, Bharat Electronics, Bharti Airtel.
Major Losers: Infosys, Wipro, HCL Tech, HUL, Reliance, ICICI Bank, Hero MotoCorp.
Bank Nifty: Down about 0.7%, trading near 55,880.
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📆 Weekly Recap & Market Outlook:
Last week, Nifty 50 ended above 25,100, gaining around 1% after recovering from earlier losses. Support came from the RBI’s dovish policy stance and strength in banking and telecom.
However, today’s decline shows that geopolitical events and rising crude prices remain major concerns. Analysts believe:
A breakout above 25,200 may trigger further upside.
A dip below 24,700 could push the index toward 24,500.
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🔔 What to Watch This Week:
Middle East developments – Could further impact crude oil and market sentiment.
Oil Prices – Continued rise may raise inflation worries.
Earnings & Data – Key earnings and global macro data will guide short-term moves.
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✅ Final Thoughts:
The Nifty 50’s drop reflects rising global uncertainty. Investors should remain cautious and consider a balanced strategy:
Bullish above 25,200 – Focus on banking, telecom, and infrastructure.
Defensive approach – Look to commodities and stable dividend stocks.
With volatility likely to persist, it's important to stay alert, follow key levels, and manage risks smartly.
