While Blue-Chip Stocks Saw Little Movement, Mid- and Small-Cap Stocks Faced Heavy Selling Pressure through the day, as their expensive valuations raised invasions Challenges.
The nifty 50 shed 19 points, or 0.08%, to close at 24,793 white the senses ended 83 points lower, or 0.10%, at 81,361. The Nifty Midcap 100 and Nifty Small Cap Each Lost Nearly 2% in Trade.
As widely expected, the us federal reserve kept its policy rate unchanged for the fourth culture time but warned that Donald Trump’s Trade Policies Cold DRIVE DRIVE UP PRICES. Policymakers Revised Their Personal Consumption Expenditures (PCE) Inflation Forecast for 2025 to 3.0%, UP from the Earlier Projection of 2.7%, and Consequently Lowered the GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP GDP has 1.4% from 1.7%.
They also expressed Concerns that Trump’s Policies are Alredy Starting to Impact The Economy. Their remarks aligned with recent warnings from the imf and the world bank. The fed also signaled a slower pace of rate cuts, now projecting only two Reductions by the end of the year.
On the geopolitical front, tensions between ran and israel have entered their seventh day, with no signs of de-expals. In a fresh barrage of attacks, Iran launched 25 missiles in a fresh attack on israel, with missiles reportedly taking down the israeli stock exchange building.
On Wednsday, Donald Trump Confirmed He was considering a Military Strike on Iran’s Nuclear Facilites, Although he stated that no final decision has been made.
In Response, Iran’s Supreme Leader, Ayatlah Ali Khamenei, Warned the US of “Irreparable Damage” IF It Proceeds With Military Action – ENGINGING MIDEDLE EAT COMINGLICT May Persist in the Coming Days.
On the domestic front, the Indian Economy Showed Early Signs of Slowing Income Growth. Advance tax collections by the center rose by only 4% year-on-year to 1.54 trillion as of June 15 in fy26. This is a sharp drop from the 27% growth recorded during the same period last year, primarily due to lower personal income tax payments.
Sectorral Performance: PSU Banks Drag, Auto Sole Gainer
Public sector Banks-Particularly Mid- And Small-Cap Counters-SARP SARP SELL-Off in Today’s Trading Session, Resulting in a 2% Drop in the Nifty Psu Bank Index, Making of the day. Media stocks, which has reminded resilient in recent sessions, also came under pressure, with the nifty media index falling 1.78%.
The decline in real estate stocks continued, sending the nifty realty index down 1.55%, while metal stocks also remained weight, pushing the nifty metal index lower by 1.21%. Hawkish commentary from the us federal reserve weighed on its stocks as well, with the nifty it index losing 0.96%.
On the positive side, nifty auto was the only sectorral gainer, managing to definition to definitely trend and ending the session with a gain of 0.50%.
Nifty 50 is likely to remain under pressure as long as it stays below 24,850
Rupak de, Senior Technical Analyst at Lkp Securities, Said, “The Nifty Witnessed A Lackluster Expiry on the Nse, as the Index Remaned Within A Narrow Range Throurth Indecisiveness ahead of any directional move. Reinforcing the bearish outlook.
Disclaimer, The views and recommendations giving in this article are that of individual analysts. These do not represent the views of Mint. We Advise Investors to Check With Certified Experts Before Taking Any Investments Decisions.
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