India VIX, the benchmark for market volatility, declined 1.25 percent to settle at 14.22, indicating a drop in near-term uncertainty.
Weakness in the broader markets persisted, with the Nifty Midcap 100 declining 0.53 percent and the Nifty Smallcap 100 shedding 0.20 percent.
The Nifty Midcap 100 and Nifty Smallcap 100 indices fell 0.3 and 0.2 percent, respectively, amid stretched valuations.
Oil prices surged over 4 percent as tensions between Iran and Israel escalated, even though key energy infrastructure and supply remained unaffected.
On the sectoral front, except auto, private bank, consumer durables, all other indices ended in the red with IT, media, metal, oil & gas, realty down 0.5-1 percent. The BSE midcap and smallcap indices down 0.3 percent.
The rupee declined to 86.28 against the U.S. dollar near the end of the trading session, its weakest level since April 9, before closing at 86.24, down 0.2% on the day.
Top Nifty losers were Adani Enterprises, Dr Reddy's Labs, Sun Pharma, Eternal, ONGC, while gainers were Tech Mahindra, Infosys, Asian Paints, TCS, Maruti Suzuki.
Silver rates today: The precious metal's futures contracts with August expiry hit an all-time high of Rs 1,09,250 per kg on MCX today.
The benchmark indices Nifty 50 and Sensex are likely to prolong their ongoing five-week range-bound consolidation, according to experts.
Gold rate today: Gold's August contracts on the MCX opened at Rs 98,902 per 10 grams today.
India’s passenger vehicle market is cooling off, with growth seen slowing to 1–2 percent in FY26 from 3 percent last year, as affordability issues, macro uncertainty, and changing buyer preferences weigh on demand.
India VIX, the barometer to assess market anxiety, dropped over 3 percent to 14.39, signalling easing investor anxiety and lower near-term market volatility.
Volatility rose slightly, with the India VIX inching up 0.81 percent to 14.96.
Markets closed on a strong note on Monday, June 16, brushing aside geopolitical concerns despite escalating tensions in West Asia.
Top Nifty losers were Adani Enterprises, Dr Reddy's Labs, Sun Pharma, Eternal, ONGC, while gainers were Tech Mahindra, Infosys, Asian Paints, TCS, Maruti Suzuki. Except IT, all other sectoral indices ended in the red with pharma, metal, oil & gas, auto, realty, PSU Bank down 0.5-2 percent. The BSE midcap and smallcap indices shed 0.5 percent each.
All the sectoral indices ended in the green with bank, FMCG, Capital Goods, Consumer Durables, IT, metal, realty, oil & gas up 0.5-1 percent.
Any long-term investor can use this risk-off scenario to buy relatively attractively valued stocks like financials, noted experts.
Gold rate today: Gold's August contracts on the Multi Commodity Exchange of India (MCX) hit an all time high level of Rs 1,01,708 per 10 grams today.
India VIX declined 2.12 percent to 14.76 on Monday, indicating a fall market volatility.
India's equity benchmarks rose after a muted start on Monday, supported by gains in IT and financial stocks
In m-cap terms, the BSE midap index lost Rs 1.23 lakh crore and the smallcap index lost 1.26 lakh crore, since June 10.
Gold prices today: Gold's August futures of the MCX hit a fresh all-time high of Rs 1,01,078 per 10 grams today.
India VIX fell 2.52 percent to 14.70, indicating a further easing in market volatility.
Benchmark indices extended losses for a second session, weighed down by escalating Middle East tensions and persistent trade uncertainties that shook investor confidence.
Biggest Nifty gainers included SBI Life Insurance, UltraTech Cement, Bharat Electronics, HDFC Life, ONGC, while losers were Tata Motors, Dr Reddy's Laboratories, Adani Ports and Sun Pharma. All the sectoral indices ended in the green with IT, metal, realty, oil & gas up 1 percent each. The BSE midcap index added 0.9 percent and smallcap index rose 0.4 percent.