Stock Market Today 13 June 2025:
On June 13, 2025, the Indian stock market witnessed a decline, with the Nifty 50 index falling over 1% to close at 24,888.20. This drop came amid global tensions, rising crude oil prices, and market uncertainty. The Bank Nifty also declined by 0.67%, finishing at 56,082.56. Most sectors, especially realty and auto, ended in negative territory.
Market experts suggest immediate support for Nifty is around 24,750, with the next level at 24,500. On the upside, the 25,000–25,050 zone could now act as a resistance area. Analysts believe that any upward movement may face selling pressure around this level. For Bank Nifty, key support is around 55,500, while resistance is seen near 57,700.
Global and Domestic Influences
Globally, the US dollar index dropped to a seven-week low due to lower-than-expected inflation in the US, sparking hopes of an interest rate cut. On the domestic front, India’s retail inflation eased to 2.82% in May—the lowest in over six years. These factors may lead to short-term market consolidation.
Expert Stock Recommendations
Several analysts recommended stock picks for short-term gains:
Sumeet Bagadia (Choice Broking):
Subros Ltd: Buy at ₹859, Target ₹920, Stoploss ₹825
Krishana Phoschem Ltd: Buy at ₹490.05, Target ₹525, Stoploss ₹470
Ganesh Dongre (Anand Rathi):
Vijaya Diagnostic: Buy at ₹960, Target ₹995, Stoploss ₹945
Radico Khaitan: Buy at ₹2580, Target ₹2680, Stoploss ₹2635
Indian Bank: Buy at ₹625, Target ₹645, Stoploss ₹615
Shiju Koothupalakkal (Prabhudas Lilladher):
Arvind Fashions: Buy at ₹483, Target ₹520, Stoploss ₹474
Vimta Labs: Buy at ₹1003, Target ₹1045, Stoploss ₹980
Asian Granito: Buy at ₹64.60, Target ₹70, Stoploss ₹63
Disclaimer:
These stock suggestions are based on technical analysis by market experts. Investors are advised to consult with certified financial advisors before making investment decisions.
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