Stock Market Today, June 16 -- The benchmark Nifty-50 index, during the week ended 13 June 2025, ended slightly over 1% lower at 24,718. The Bank Nifty, too, shed 1.8% to end at 55,527.35, while realty, FMCG, metals, and auto also saw profit booking, though IT and pharma were among some gainers. In the broader markets, mid- and small-caps also ended more than 1% lower.
As long as the MNifty-50 Index remains below 24,850, weak sentiment is likely to continue and could retest the level of 24,500. A breach of 24,500 could accelerate selling pressure, and the index could slip to 24,300, said Amol Athawale, VP-Technical Research, Kotak Securities.
For Bank Nifty, the key support zone is between 55,000 and 55,200, added Athawale.
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