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Market snaps five-day rally as IT rout drags Nifty below 24,050
The domestic equity benchmarks ended sharply lower on Friday, snapping a five-session winning streak. The Nifty slipped below the 24,050 mark as a steep sell-off in IT stocks weighed on sentiment. Technology shares came under pressure after Accenture trimmed its revenue growth guidance and flagged weak demand visibility, raising concerns about global IT spending. Healthcare and pharma stocks, however, bucked the broader weakness. Investor sentiment was further affected by continued FII selling, weak global cues and rising geopolitical tensions in the Middle East. Profit booking following the recent market rally also added to the downside pressure.
Buy or sell: Gift Nifty hints at a gap-down opening, Vaishali Parekh recommends three stocks to buy today — 19 June 2026
Buy or sell stocks, 19 June 2026: Vaishali Parekh recommends three stocks to buy today — Meesho, Adani Total Gas, and Adani Enterprises
Torrent Pharmaceuticals Ltd eases for fifth straight session
Torrent Pharmaceuticals Ltd is quoting at Rs 4426.6, down 0.36% on the day as on 13:19 IST on the NSE. The stock jumped 39.91% in last one year as compared to a 2.73% slide in NIFTY and a 12.63% spurt in the Nifty Pharma index.
Wockhardt Ltd spurts 2.19%, rises for third straight session
Wockhardt Ltd is quoting at Rs 2067, up 2.19% on the day as on 12:49 IST on the NSE. The stock is up 22.5% in last one year as compared to a 2.73% gain in NIFTY and a 12.64% gain in the Nifty Pharma index.
Sun Pharmaceutical among 5 Nifty stocks showing bullish RSI upswing
Five Nifty50 stocks featured in the RSI Trending Up scan on June 17 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups.
Sensex Today | Stock Market LIVE Updates: Nifty, Sensex set for muted open; Anthem Biosciences in focus
Sensex Today | Stock Market LIVE Updates:Today is the weekly expiry of all BSE contracts. The recent phase for the market has been a good one, with the Nifty having recovered 1,000 points from last week's low of 23,070. A close above 24,000 is also a positive.
Pidilite Industries among 4 commodities stocks that hit 52-week highs and rallied up to 65% in a month
Deccan Gold Mines, Sudeep Pharma, Neogen Chemicals and Pidilite Industries touched fresh 52-week highs as the Sensex climbed 544 points. The milestone highlights strong investor confidence, robust momentum and growing optimism around select commodity-linked stocks amid a broader market rally.
Nifty trades above 23,950 mark; European market advanced
IT, media and realty shares advanced while metal, PSU Bank and pharma shares declined.
Nifty trades above 23,950 mark; European market advance
IT, media and realty shares advanced while metal, PSU Bank and pharma shares declined.
Nifty tops 23,850 as oil slump sparks broad-based rally
The key equity benchmark indices extended gains for a second consecutive session on Monday, supported by a sharp decline in crude oil prices and optimism surrounding a US-Iran peace agreement. Buying was broad-based, with most sectoral indices ending in the green. Investor sentiment was further buoyed by strong global cues, a stronger rupee and easing market volatility. The Nifty settled above the 23,850 mark, led by gains in consumer durables and auto stocks. However, pharma and healthcare shares bucked the trend and closed lower.
Ipca Laboratories Ltd eases for fifth straight session
Ipca Laboratories Ltd is quoting at Rs 1575.6, down 0.47% on the day as on 13:19 IST on the NSE. The stock tumbled 15.63% in last one year as compared to a 4.2% slide in NIFTY and a 9.97% fall in the Nifty Pharma index.
Indian Stock Market Weekly Wrap: Can Sensex & Nifty Hold the 2% Rally, or Is Volatility About to Take Over? What Investors Should Know Before Monday Opening - The Sunday Guardian
Indian Stock Market Weekly Wrap: Can Sensex & Nifty Hold the 2% Rally, or Is Volatility About to Take Over? What Investors Should Know Before Monday OpeningThe Sunday Guardian