The key equity indices posted sharp losses during the week, weighed down by geopolitical tensions, including the ongoing U.S.-China trade talks and escalating hostilities between the U.S. and Iran. Sentiment further deteriorated after Israel carried out military strikes on Iran, heightening tensions in the oil-rich Middle East. Investors will closely monitor crude oil prices, bond markets and further geopolitical developments. The Nifty ended below 24,750 mark. The broader market outperformed the frontline indices.
In the week ended on Friday, 13 June 2025, the S&P BSE Sensex declined 1,070.39 points or 1.30% to settle at 81,118.60. The Nifty 50 index tumbled 284.45 points or 1.14% to settle at 24,718.60. The BSE Mid-Cap index shed 0.90% to close at 45,681.28. The BSE Small-Cap fell 0.13% to end at 53,370.29.
Weekly Index Movement:
Domestic benchmark indices closed higher on Monday. The S&P BSE Sensex added 256.22 points or 0.31% to 82,445.21. The Nifty 50 index rose 100.15 points or 0.40% to 25,103.20.
The domestic equity benchmarks closed virtually unchanged on Tuesday as investors closely monitored ongoing US-China trade discussions. The S&P BSE Sensex shed 53.49 points or 0.06% to 82,391.72. The Nifty 50 index rose 1.05 points or 0.00% to 25,104.25.
Key equity indices closed with minor gains on Wednesday, buoyed by positive global trade developments, including encouraging signals from US-China trade negotiations in London. The S&P BSE Sensex added 123.42 points or 0.15% to 82,515.14. The Nifty 50 index rose 37.15 points or 0.15% to 25,141.40.
The domestic equity benchmarks ended the day deep in the red on Thursday, dragged down by shaky global cues and jittery investor sentiment. The S&P BSE Sensex tanked 823.16 points or 1% to 81,691.98. The Nifty 50 index slumped 253.20 points or 1.01% to 24,888.20.
The domestic equity indices ended with significant losses on Friday, mirroring a sell-off across Asian markets, after Israel launched military strikes on Iran. The barometer index, the S&P BSE Sensex slumped 573.38 points or 0.70% to 81,118.60. The Nifty 50 index fell 169.60 points or 0.68% to 24,718.60.
Economy:
India's Consumer Price Index (CPI)-based inflation eased to 2.82% in May 2025, down 34 basis points from April's 3.16%, marking the lowest reading since February 2019. A key driver of the decline was food inflation, which dropped to 0.99%, the lowest since October 2021, significantly below both April's 1.78%.
Stocks in Spotlight:
HDFC Bank fell 2.99%. The bank said that the Mehta Family, through Lilavati Kirtilal Medical Trust, has filed an FIR against the bank and its MD and CEO Sashidhar Jagdishan in an attempt to thwart the recovery of the long outstanding loan dues owed to the bank.
Multi Commodity Exchange of India (MCX) jumped 2.23%. The company said it received approval from the Securities and Exchange Board of India (SEBI) to launch electricity derivatives.
Capri Global Capital surged 13.2%. The company launched the autopay facility for gold loans, eliminating the need for manual payments or branch visits. This new feature is designed to make gold loan repayments more convenient, secure, and hassle-free for customers.
JSW Steel fell 1.69%. The company recorded consolidated steel production of 22.73 lakh tonnes in May 2025, which is higher by 8% as compared with the production volume of 20.98 lakh tonnes reported in May 2024.
Mahindra & Mahindra (M&M) tumbled 3.19%. The company said that its total production jumped 27.56% to 89,626 units in the month of May 2025, compared with 70,261 units produced in the same period last year.
Meanwhile, the company said that it has increased its stake in Mahindra & Mahindra Financial Services (MMFSL), its listed non-banking finance subsidiary, following the allotment of equity shares under MMFSL’s Rs 2,996 crore rights issue.
Glenmark Pharmaceuticals rallied 5.09%. The drug maker announced the upcoming launch of zanubrutinib in India, following approval from the Drugs Controller General of India (DCGI).
Larsen & Toubro (L&T) shed 0.47%. The company announced that its heavy civil infrastructure (HCI) vertical has secured a significant order from JSW Energy for the execution of the Bhavali pumped storage project (PSP) in the state of Maharashtra.
Maruti Suzuki India fell 0.82%. The company said it expanded solar capacity by 30MWp with new projects at Kharkhoda and Manesar.
Zydus Lifesciences rose 1.47%. The company announced that it has received the Establishment Inspection Report (EIR) from the US Food and Drug Administration (USFDA) for its Active Pharmaceutical Ingredient (API) manufacturing facility located at Dabhasa, near Vadodara.
Global Markets:
The UK unemployment rate rose to 4.6% in the three months from February to April, marking its highest level since July 2021, according to official data released Tuesday by the Office for National Statistics (ONS). The figure represents a 0.2% increase compared to the previous three-month period.
Despite the rise in unemployment, the employment rate inched up by 0.1 percentage points to 75.1%, with the total number of employed individuals reaching 34 million.
Meanwhile, the economic inactivity rate in U.K., which measures the proportion of the working-age population that is neither employed nor actively seeking work, declined by 0.2 percentage points to 21.3%.
U.K. goods exports to the U.S. dropped 2 billion pounds ($2.71 billion) in April, according to the Office for National Statistics, the biggest monthly drop since records began in 1997.
China's consumer price index declined 0.1% year-on-year in May, unchanged from the previous month, according to government data released Monday. The producer price index fell 3.3% year-on-year, marking the sharpest decline in 22 months and following a 2.7% decrease in April.
Japan's gross domestic product contracted 0.2% year-on-year in the January–March quarter. While better than the preliminary estimate of a 0.7% decline, it reflected a reversal from 2.4% growth in the previous quarter.
U.S. inflation data showed the Consumer Price Index (CPI) rose 2.4% year-over-year in May, slightly above April’s 2.3%. On a monthly basis, CPI growth eased to 0.1%.
In U.S., the Producer Price Index (PPI) for final demand rose 0.1% in May, recovering from a revised 0.2% drop in April, according to the Bureau of Labor Statistics.