Stock Market Today June 18 2025:
The Indian stock market remained under pressure on Tuesday, June 17, with the Nifty 50 index ending at 24,853.40, down by 0.37%, while Bank Nifty closed at 55,714.15, falling by 0.41%. While the IT sector showed a slight gain, other sectors such as pharma and metals remained weak. Mid and small-cap indices also declined by 0.6%–0.7%.
The Nifty 50 index is still in a consolidation phase, and failed to cross the key resistance of 25,000. Experts suggest 24,700 as a crucial support level, which traders should monitor closely. For Bank Nifty, the support is around 54,000–54,500 levels.
Adding to the uncertainty, rising tensions between Israel and Iran, along with the early exit of former US President Donald Trump from the G7 summit, have impacted global investor sentiment. Possible new US tariffs on pharma imports have also put pressure on Indian pharma stocks.
Looking ahead, the market will take direction from global events and the US Federal Reserve meeting scheduled for June 18. Volatility is expected to remain high.
Stocks to Watch on June 18:
Top analysts have recommended eight stocks for trading:
TD Power Systems (₹518.8) – Buy with a target of ₹555
Supreme Petrochem (₹800) – Buy with a target of ₹855
Power Finance Corporation (₹404) – Buy with a target of ₹425
Federal Bank (₹205) – Buy with a target of ₹215
Tata Chemicals (₹935) – Buy with a target of ₹975
Garden Reach Shipbuilders (₹3173) – Target ₹3300
Apollo Micro Systems (₹201) – Target ₹215
Universal Cables (₹680) – Target ₹720
Each recommendation includes stop-loss levels to limit risk. Traders are advised to do proper research or consult certified advisors before investing.
Disclaimer: This article is for informational purposes only and not financial advice. Please consult a professional before making any investment decisions.
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