Indian equity markets staged a strong rebound on Monday, recovering from early caution as gains in IT and financial stocks pushed benchmark indices close to record territory. This rally came in the backdrop of continuing geopolitical tensions in the Middle East and global investors positioning cautiously ahead of major central bank events this week.
The Nifty 50 ended higher by 0.92% at 24,946.50, while the BSE Sensex advanced 0.84%, closing at 81,796.15.
Despite escalating tensions between Israel and Iran, domestic investor sentiment was buoyed by a stabilisation in crude oil prices and expectations of accommodative policy stances from global central banks. IT led the sectoral surge, backed by hopes of increased global spending, while financials also saw renewed buying interest.
🧭 Market Breadth & Internals
Investor participation remained strong across the board:
Advances: 1,900
Declines: 856
Unchanged: 71
52-week Highs: 54
52-week Lows: 11
Stocks in Upper Circuit: 162
Stocks in Lower Circuit: 20
The positive market breadth reflects broad-based buying interest, particularly across midcap and smallcap segments, each of which rose around 0.9%.
🛢️ Middle East Crisis: India’s Oil Resilience
Amid the latest escalation in the Israel-Iran conflict, Indian government sources confirmed that the country holds strategic oil reserves sufficient to meet demand for up to three months, ensuring continuity of supply. The Ministry of Petroleum and Natural Gas expects global crude prices to stabilise in the $65–$75 per barrel range, barring significant disruption.
On Monday, crude oil prices steadied following a sharp 7% spike on Friday, alleviating some of the immediate concerns around supply disruption. While tensions remain high, global markets took comfort in the fact that oil infrastructure had not yet suffered material damage.
💼 Sector Highlights
IT Index surged 1.6%, leading the recovery as investors rotated back into defensives.
Financials gained 0.8%, snapping a four-day losing streak.
HDFC Bank rose nearly 1% on positive commentary around lending strength and regulatory tailwinds.
ONGC and Oil India posted modest gains as energy prices remained elevated.
Notably, Tata Motors was among the top laggards, falling 3.6% after it projected lower operating margins (5–7%) for JLR in FY26, disappointing street expectations of a 10% margin.
All 13 major sectoral indices ended the day in green, reaffirming investor confidence across the board.
🌍 Global Economic Calendar: Key Events This Week
Investors worldwide are bracing for a critical week of macroeconomic cues:
June 17:
U.S. – Retail Sales (MoM) Eurozone – CPI (YoY, Final) India – Trade Balance
June 18:
U.S. – Fed Interest Rate Decision, FOMC Economic Projections UK – CPI (YoY) China – Industrial Production (YoY)
June 19:
Japan – BoJ Policy Statement Germany – PPI (YoY)
June 20:
UK – Retail Sales (MoM) Eurozone – Consumer Confidence Flash
These data points and policy announcements are likely to set the tone for global equity flows and currency movements in the near term.
⚠️ In Focus: Watch Developments, Not Levels
While market participants remain alert to evolving geopolitical risks, investors are advised to track underlying developments rather than focus solely on price levels. As support and resistance levels shift swiftly in volatile markets, we recommend following our daily YouTube updates for real-time technical insights and actionable strategies.
📺 Watch our latest analysis on YouTube ➝
🚫 F&O Ban List (June 17, 2025)
The following stocks remain under the Futures and Options (F&O) ban for today’s trade:
Aditya Birla Fashion and Retail Birlasoft Central Depository Services (India) Chambal Fertilisers and Chemicals Housing and Urban Development Corp Indian Energy Exchange Indian Renewable Energy Development Agency Manappuram Finance RBL Bank Titagarh Rail Systems Ltd
Stay informed. Stay ahead.
Angeeras Securities 