Nifty 18 Jun 2025 EOD Analysis

Nifty 18 Jun 2025 EOD Analysis

Nifty50, an important benchmark index of Indian stock market closed lower today on a cautious note as soaring tensions in the Middle East and caution ahead of the US Fed interest rate decision hit investor sentiment. A hawkish signal is expected from the US FOMC’s meeting held today midnight. Israeli warplanes pounded Iran’s capital overnight and into Wednesday as Iran launched a small barrage of missiles at Israel with no reports of casualties.

The index opened much lower but recovered like a rocket. But the recovery failed to hold or extend the gains for later. The barometer dipped with 41.35 points or 0.17 per cent to settle at 24,812.05, marking its second day of losses. Tata Consultancy Services, Adani Ports, Hindustan Unilever, Nestle, Bajaj Finserv and NTPC were the laggards. IndusInd Bank, Titan, Mahindra & Mahindra and Maruti were among the biggest gainers.

The geopolitical sentiments are trying to pull the market down but market is disdaining the presentations. Technically, Nifty50 is taking a pause before an action. Broadly, 25230 and 24440 are considered as immediate resistance and immediate support for the Nifty50. It make show some show tomorrow on either side.