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Nifty Outlook For June 12: Will the 'double-bottom' revive the index's subdued fortunes?
The major painpoint comes from IT. The index has just been on a selling spree ever since the first two days of June, during which it had seen a sharp rebound from lower levels. The Nifty IT fell for the seventh day running on Friday and has declined over 10% during this period.

Share Market Today: Nifty 50, Bank Nifty Prediction | June 11, 2026 - Liquide Blog
Share Market Today: Nifty 50, Bank Nifty Prediction | June 11, 2026Liquide Blog
Nifty slips below 23,200 as US-Iran tensions, FII selling weigh on sentiment
The S&P BSE Sensex declined 150.63 points or 0.20% to 73,832.55. The Nifty 50 index lost 53.35 points or 0.23% to 23,161.60.
Quick Wrap: Nifty Media Index rises 1.78%
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Nifty June futures trade at a premium
HDFC Bank, ICICI Bank and Reliance Industries were the top traded contracts.
Nifty ends below 23,200 level; broader mrkt underperforms
As per provisional closing data, the S&P BSE Sensex declined 150.63 points or 0.20% to 73,832.55. The Nifty 50 index lost 53.35 points or 0.23% to 23,161.60.

Why did Dalal Street end in the red? Three takeaways from Thursday's trade
One of the biggest drags on the benchmark indices was the IT sector. The Nifty IT index extended its losing streak to seven straight sessions, with all constituent stocks ending in the red. Infosys was among the major contributors to the Nifty's decline.
Sensex jumps 53 pts; pharma stocks in demand
At 14:30 IST, the barometer index, the S&P BSE Sensex, jumped 53.12 points or 0.07% to 74,036.30. The Nifty 50 index rose 24.50 points or 0.06% to 23,224.40.
Oracle Financial Services Software Ltd slips for fifth straight session
Oracle Financial Services Software Ltd is quoting at Rs 9257, down 2.25% on the day as on 13:19 IST on the NSE. The stock tumbled 1.59% in last one year as compared to a 6.57% slide in NIFTY and a 27.61% fall in the Nifty IT index.
Wipro Ltd down for fifth straight session
Wipro Ltd is quoting at Rs 177.33, down 0.89% on the day as on 13:19 IST on the NSE. The stock tumbled 31.69% in last one year as compared to a 6.57% slide in NIFTY and a 27.61% fall in the Nifty IT index.
Coforge Ltd eases for fifth straight session
Coforge Ltd is quoting at Rs 1395.4, down 0.52% on the day as on 13:19 IST on the NSE. The stock tumbled 21.8% in last one year as compared to a 6.57% slide in NIFTY and a 27.61% fall in the Nifty IT index.
JSW Energy Ltd slips for fifth straight session
JSW Energy Ltd is quoting at Rs 549.65, down 1.96% on the day as on 13:19 IST on the NSE. The stock jumped 6.36% in last one year as compared to a 6.57% slide in NIFTY and a 7.54% spurt in the Nifty Energy index.