8 hours ago
HomeMarket NewsSensex Today | Stock Market LIVE Updates: Nifty trades above 24,870 mark; Hindustan Zinc shares dip 6% after large trade
By CNBCTV18.COM | Jun 18, 2025 9:27 AM IST (Updated)
Sensex Today | Stock Market LIVE Updates: After a strong start to the week on Monday, the Nifty gave up some of those gains on Tuesday but managed to protect important levels on the downside.
Sensex Today | Stock Market LIVE Updates:
The Indian markets, as indicated by market cues, have opened on a cautious note. The Nifty index opened below the 24,800 mark, further slipping away 25,000 mark. The index opened at 24,788.35.
The Sensex index was no different; after opening in the red, the index quickly moved to volatile spaces. The Sensex index started the index 81,314.62, lower than previous day's closing.
Post a large trade
The GIFT Nifty does not seem to be indicating something positive, as it is trading down, suggesting another lower start.
Mid-week is here, but the situation across the globe has not changed much from what it was last week. It has only deteriorated, if not more. After a strong start to the week on Monday, the Nifty gave up some of those gains on Tuesday but managed to protect important levels on the downside.
The question is, for how long can it do that? Oil prices are back towards $78 per barrel this morning after reports of US President Donald Trump weighing an attack on Iran surfaced last evening. That also dampened sentiments on Wall Street, where indices were attempting a recovery from lower levels despite poor macro data.
All eyes tonight will be on Fed Chair Jerome Powell as the FOMC announces its policy decision. Powell's commentary on potential rate cuts in the future and the threat from oil prices to the US economy will be keenly watched.
Back home, block deals are back, with Vedanta planning to offload some stake in its subsidiary Hindustan Zinc. Incidentally, Vedanta's board also meets today to consider a dividend for its shareholders. Also, keep an eye on BSE after SEBI approved Tuesday as the weekly expiry day for NSE, giving the former Thursday as its expiry day.
Watch this space for all the live updates.
