Mumbai: In a volatile trading session on 17 June 2025, the Indian stock market witnessed a broad-based decline, with benchmark indices slipping into the red. The NIFTY 50 closed at 24,853.40, down 93.10 points or 0.37%, as global market cues turned cautious ahead of key central bank policy decisions.
The NIFTY NEXT 50 declined by 475.70 points or 0.71% to close at 66,996.45, while NIFTY FIN SERVICE shed 103.10 points or 0.39% to finish at 26,451.65. NIFTY BANK, too, faced pressure, ending the day at 55,714.15, down by 230.75 points or 0.41%.
Key NIFTY 50 Metrics on 17 June 2025:
Open: 24,977.85
High: 24,982.05
Low: 24,813.70
Top Gainers of the Day
Despite the broader market weakness, select small and mid-cap stocks outperformed, registering notable gains:
Stock
LTP (₹)
Change (₹)
% Change
Volume (Lakhs)
Value (₹ Cr.)
CINEVISTA
21.34
+3.55
+19.96%
14.06
2.97
KBCGLOBAL
0.62
+0.10
+19.23%
2,270.39
13.85
KSHITIJPOL
3.82
+0.52
+15.76%
44.16
1.69
BIRLACABLE
205.20
+22.88
+12.55%
44.40
92.07
STLTECH
111.60
+12.22
+12.30%
1,478.07
1,652.48
STLTECH emerged as a standout performer with strong investor interest, reflecting in its high trading volume and turnover.
Top Losers of the Day
On the downside, several stocks saw sharp declines due to profit booking and weak fundamentals:
Stock
LTP (₹)
Change (₹)
% Change
Volume (Lakhs)
Value (₹ Cr.)
UGRO–RE
5.41
-1.60
-22.82%
4.02
0.24
SCI
215.59
-19.71
-8.38%
214.62
474.70
SIGACHI
54.40
-4.49
-7.62%
54.82
31.11
ZENITHSTL
8.35
-0.65
-7.22%
5.65
0.50
OSWALAGRO
94.78
-6.93
-6.81%
10.50
10.13
UGRO–RE took the biggest hit, declining over 22%, with low turnover indicating weak market sentiment.
Market Outlook
Analysts attributed the day’s weakness to global headwinds including inflationary concerns and potential interest rate hikes in key economies. However, domestic indicators such as GST collections, credit growth, and manufacturing PMI continue to remain supportive in the medium term.
With key resistance now at 25,000 and support at 24,800, the NIFTY 50 is expected to remain range-bound in the short term unless a major catalyst emerges.