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Indian Markets End Lower Amid Middle East Tensions; Nifty Closes at 24,853
The Business Guardian
|June 18, 2025
The Indian equity indices ended on a negative note on Tuesday, experiencing moderate losses amid the risk of escalation of conflicts in the Middle East ahead of the FOMC meeting.
At the end of Tuesday's trading session, the Sensex was down 212.85 points, or 0.26 percent, at 81,583.30, and the Nifty was down 93.10 points, or 0.37 percent, at 24,853.40.
Among the Nifty constituents, Tech Mahindra and Infosys led the gainers' pack, while Adani Enterprises and Sun Pharma were the top drags. Across the broader market landscape, sectoral indices ended largely in the red, with the exception of Nifty IT, which managed to close in positive territory.
Nifty Pharma and Healthcare were the worst performers of the day. They reacted sharply to a statement by US President Donald Trump, who signaled the imposition of new tariffs on pharmaceutical imports—a move that triggered selling pressure in pharma stocks, stated SBI Securities, in its Market Closing Commentary. The Nifty Midcap 100 and Nifty Smallcap 100 indices also ended lower by over 0.70 percent, mirroring weakness across the board.
This story is from the June 18, 2025 edition of The Business Guardian.
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