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Sensex, Nifty Snap Two-Day Losing Streak as IT, Financials Rise
Hindustan Times Chandigarh
|June 17, 2025
India's equity benchmarks rose on Monday, clawing back from early range-bound trades as gains in IT and financial stocks offset caution stemming from the ongoing Israel-Iran conflict.
The Nifty 50 rose 0.92% at 24,946.50 and the BSE Sensex rose 0.84% to 81,796.15.
Markets are exhibiting resilience despite geopolitical and trade risks due to supportive macros like softening inflation, fiscal control and a steep rate cut, said Raghvendra Nath, managing director at Ladderup Asset Managers. The IT index rose 1.6% while high-weight financials gained 0.8%, snapping a four-day losing streak.
This story is from the June 17, 2025 edition of Hindustan Times Chandigarh.
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