Market Wrap, 18 June 2026: Sensex, Nifty End In Green

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The Nifty 50 and Sensex gained as investors bought banking and consumer durables stocks. Broader market indices outpaced benchmarks, while the Nifty IT index remained under pressure.

The Nifty 50 and the Sensex traded higher on Thursday as buying in banking and consumer durable stocks supported the broader market. At the closing bell:

  • Nifty 50 stood at 24,168.00, up 0.34%

  • Sensex stood at 77,409.98, up 0.33%

In the broader markets, the Nifty Midcap 100 index was up 0.41%. The Nifty Smallcap 100 index rose 0.44%. The Nifty PSU Bank index emerged as a strong performer. Also, the Nifty Consumer Durables index traded firmly in positive territory.

In contrast, information technology shares weighed on sentiment. The Nifty IT index was the biggest sectoral loser during the session, limiting gains in the benchmark indices (see table).

Stocks of the following companies gained and lost the most on the Nifty 50 index today:

Here are the other crucial news items of the day:

  • JBM Auto bagged a ₹750 crore long-term investment to deploy 2,000 e-buses to fuel India’s sustainable public transport.

  • FILA Group has divested 7% stake in DOMS Industries for ₹934 crore via open market transactions.

  • Shares worth $26 billion across 71 listed companies will become eligible for sale between 17 June and the end of September, with their IPO lock-in expiring.

  • Tata Motors is set to raise prices of its commercial vehicles by up to 2.5% from 1 July. The announcement comes after the company announced a price rise of its passenger vehicles by up to 1.5%.

Also Read- RBI Unlikely To Allow Offshore Settlement Of Government Bonds

Gold and silver prices were under pressure on the Multi-Commodity Exchange in early trade. At 15:48, gold June futures on the MCX stood at ₹1,50,741 per 10 grams, down 2.04%. July silver futures during the same time stood at ₹2,43,748 per kg, down 3.20%.

Investors are likely to monitor whether buying interest in PSU banks and consumer durable stocks sustains into the next trading session. Market participants feel that they can also track if IT stocks continue to remain under pressure and if broader market strength in mid-cap and small-cap shares carries forward.

Sources:

Moneycontrol

Business Standard

The Economic Times

This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, visit https://www.kotakneo.com/disclaimer/

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