The Indian stock market witnessed a sharp sell-off on Friday, June 13, 2025, with both benchmark indices ending deeply in the red. Heightened geopolitical tensions and a sudden spike in crude oil prices triggered widespread risk aversion, leading to broad-based selling pressure across sectors.
Table of Contents
- Key Market Indices Performance
- Sector-Wise Market Performance
- Top Stock Market News of the Day
- FII and DII Trading Activity
- IPOs, Listings & Market Buzz
- Top Gainers & Losers – 13 June 2025
- Economic & Global Market Factors
- What to Watch Next Week
- Final Takeaway
Indian equity markets ended a volatile session sharply lower, retreating from early gains as global risk cues worsened.
- Sensex: Slumped 573 points to close at 81,118.38, after an intraday plunge of over 1,100 points.
- Nifty 50: Fell 169.60 points, ending below the crucial 24,718 mark.
- India VIX: Spiked over 6-7%, reflecting heightened market nervousness.
- Market Breadth: Weak, with 72 out of 77 stocks in the Nifty India Manufacturing Index ending lower.
The day's sell-off impacted sectors unevenly, with defensives faring better than cyclical and rate-sensitive stocks.
Declining Sectors:
- Banking & Financials: PSU banks led losses — Union Bank fell 3.3%, SBI down 2%.
- Metals, Realty & Energy: Energy stocks tumbled, with BPCL, HPCL, IOC losing 3–6% as Brent crude surged.
- Auto, Pharma & Chemicals: Broadly negative on inflationary and cost concerns.
- Nifty India Manufacturing Index: Dropped 0.87% amid widespread weakness.
Outperforming Sectors:
- IT Sector: Resilient, with Tech Mahindra and Wipro registering gains.
- Aerospace & Defence: HAL and BEL outperformed on positive defence order outlook.
- Upstream Oil Companies: Oil India surged 3%, ONGC up 2% on higher crude prices.
Several developments dictated market mood on June 13, 2025:
- Geopolitical Tensions: Reports of Israeli airstrikes in Iran triggered global risk-off sentiment.
- Crude Oil Spike: Brent crude jumped 9% intraday, breaching $75/barrel.
- Air India Crash: Weighed on aviation stocks — IndiGo and SpiceJet fell up to 6%.
- Reliance Stake Sale in Asian Paints: Sold 3.6% stake worth ₹7,704 crore, dragging the paints sector.
- Oswal Pumps IPO Debut: Launched its ₹1,387 crore IPO with 30% subscription on Day 1.
- Foreign Institutional Investors (FIIs): Net sellers worth ₹3,831.42 crore.
- Domestic Institutional Investors (DIIs): Continued their buying streak with net purchases of ₹9,393.85 crore.
This ongoing divergence highlights domestic confidence against foreign risk aversion.
Despite market volatility, primary market activity stayed healthy:
- Oswal Pumps IPO: Opened with a price band of ₹584–₹614 per share.
- Upcoming IPOs Next Week:
Top Gainers:
- Manappuram Finance: Current market price ₹249 but the stock is up 3.22% and hit a fresh 52-week high, reflecting strong performance in the NBFC sector.
- Oil India: Current market price is around ₹477, up +2.01% due to a surge in crude oil prices, which benefits upstream oil companies.
- ONGC: Current market price is around ₹251.40, up +1.45% due to a surge in crude oil prices, which boosts its revenues and profit margins.
- Bharat Electronics: Current market price is around ₹394.00, up +1.83% from its previous close, and among top Nifty gainers. No specific recent news on the "top Nifty gainers" status was found, but the stock has seen significant growth in recent months.
- Shipping Corporation: Current market price is around ₹266.50, soared nearly +9.74%. No specific recent news for this sharp increase was found, but the company has seen improvements in its quarterly results and overall growth in the past year.
- Jubilant Ingrevia: Current market price is ₹793.15 the stock jumped +16.58% on the BSE. No immediate specific reason for this sharp jump was found in the provided search results, but the company recently reported improved quarterly results with an increase in operating profit and net profit.
Top Losers:
- Adani Ports: Current market price is around ₹1,405.60, down -2.58% due to geopolitical exposure concerns.
- IndusInd Bank: Current market price ₹816.55 but the stock is down -1.56% amid reports of accounting irregularities and a fall of over 19% year-to-date.
- SBI: Current market price is ₹792.40 but the stock is down -1.64% due to a fall in net interest margins, a 10% year-on-year decline in net profit for the quarter ending March 2025, and a drop in its CASA ratio.
- ITC: Current market price is around ₹413.90, down -1.67% amid broad weakness, specifically after a large block deal where British American Tobacco (BAT) likely reduced its stake.
- Sona BLW Precision: Current market price is around ₹503, down almost -1.55% following the demise of its Chairman, Sunjay Kapur, and a downgrade by foreign brokerage Bernstein due to global risks impacting the EV segment.
- CPI Inflation: Eased to 2.82% (May) — a six-year low.
- PMI Data: Manufacturing PMI softened to 57.6, Services PMI firmed.
- Rupee Movement: Weakened 61 paise to 86.15 per USD on crude surge and FII outflows.
- Global Cues: US Dollar Index (DXY) gained on safe-haven demand, gold prices surged, and US-China tensions persisted.
Key events to track:
- WPI Inflation (June 16)
- RBI MPC Minutes (June 20)
- PMI Flash Estimates (June 23)
- Crude Oil Movement & Geopolitical Developments
- Nifty 50 Support: 24,800; Resistance: 25,100–25,200.
- Sensex Support: 81,500; Resistance: 81,800.
- Volatility Expected: Stay defensive amid global uncertainties.
The Indian stock market faced a sharp downturn on June 13, 2025, driven by global geopolitical risks, surging crude oil prices, and persistent FII selling. While domestic institutions provided much-needed support, the market remains highly sensitive to external events. Investors should closely track geopolitical headlines, oil prices, and key macroeconomic indicators in the coming week while adopting a cautious, stock-specific strategy.