Market Wrap: Nifty and Sensex Tumble Over 1% Amid Sector-Wide Selloff
By ScanX News Team
Indian stock markets closed in the red on Thursday, with Nifty 50 down 1.13% at 24,857.05 and BSE Sensex falling 1.00% to 81,691.98. Engineering Services, Aviation, and Aerospace & Defense were the top losing sectors. CE Info Systems plummeted 9.90%, while Paytm declined 7.02%. Market breadth was negative with 2,905 scrips declining out of 4,366 traded. Defensive sectors like Castings, Forgings & Fasteners showed resilience, gaining 1.46%.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets closed in the red on Thursday, June 12, 2025, with both benchmark indices witnessing significant declines. The Nifty 50 ended the session at 24,857.05, down 284.35 points or 1.13% from its previous close. Similarly, the BSE Sensex closed at 81,691.98, shedding 823.16 points or 1.00%.
Sectoral Performance
The market witnessed a broad-based selloff, with most sectors ending in negative territory.
Top Losing Sectors:
- Engineering Services (Avg. Per Change: -3.36%)
- Aviation (Avg. Per Change: -2.07%)
- Aerospace & Defense (Avg. Per Change: -1.92%)
Top Performing Sectors:
- Castings, Forgings & Fasteners (Avg. Per Change: 1.46%)
- Printing & Stationery (Avg. Per Change: 1.16%)
- Trading (Avg. Per Change: 0.81%)
- Telecom (Avg. Per Change: 0.34%)
Buzzing Stocks
Several stocks made headlines during the trading session:
CE Info Systems Ltd. : The stock plummeted 9.90% to close at ₹1,760.00. The company saw significant block deals worth ₹52.55 crore on the NSE, with approximately 5.3% of equity changing hands. Two promoters, Rakesh Kumar Verma and Rashmi Verma, hold substantial stakes in the company.
One97 Communications Ltd. (Paytm) : Paytm shares declined 7.02% to end at ₹893.00. The stock has been under pressure, falling nearly 8% over three sessions. The company recently approved granting 23,70,790 stock options to eligible employees and noted 3,46,746 lapsed stock options.
GTL Infrastructure Ltd. : In contrast to the overall market trend, GTL Infrastructure stock surged 12.16% to close at ₹2.03. The stock has rallied 42% over two trading sessions, driven by speculative interest, bullish technical indicators, and optimism surrounding 5G infrastructure.
Market Breadth
The market breadth was decisively negative, indicating a broad-based selloff:
| Category | Number of Scrips |
|---|---|
| Total Traded | 4,366 |
| Positive | 1,461 |
| Negative | 2,905 |
Conclusion
The Indian stock markets experienced a significant downturn on June 12, 2025, with both the Nifty 50 and BSE Sensex closing over 1% lower. While most sectors faced selling pressure, a few defensive sectors like Castings, Forgings & Fasteners, and Printing & Stationery managed to buck the trend. The negative market breadth further underscored the widespread selling sentiment among investors.
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