Stay tuned for other updates on our website: CNBCTV18.com.
You can follow us on Twitter: @CNBCTV18Live @CNBCTV18News
And on Facebook, LinkedIn, Instagram and Telegram
Midcap index underperforms, keeps market breadth in the favour of declines
Sensex falls 213 points to 81,583 and Nifty 93 points to 24,853
Nifty Bank falls 231 points to 55,714 and Midcap index 389 points to 58,379
All sectoral indices end in the red, except IT and defence
Pharma stocks fall for three of the last four sessions, extending declines after Trump’s comments
Defence stocks rally up to 5% as Israel-Iran war enters fifth day; Mazagon Dock up 4%
Sun Pharma, DRL, Adani Ent, Bajaj Fin, Eternal are the top Nifty losers
Hind Zinc is the top midcap loser with a 5% fall after announcing a ₹12,000 cr capex plan
Tata Motors falls for the fourth consecutive session, down 2%
Vishal Mega Mart 14% off lows, ends 4% higher
CG Power rises 2% after company bags order worth ₹641 cr from Power Grid
Advance-decline ratio at 1:2
India’s Pharma stocks fell up to 4% on Tuesday, June 17, after US President Donald Trump told reporters on board the Air Force One, that tariffs on the Pharma sector are ‘coming soon.’
Read more here
Donald Trump’s ‘tariffs coming soon’ comment triggers another drop in pharma stocks.
Details Here
Aether Ind. Enters A 10-Yr Contract Manufacturing Agreement With Milliken Chemical & Textile (India)
Amid the ongoing cycle of threats of tariffs and negotiations kick-started by the Donald Trump-led US administration, another tranche of tariffs is likely on its way. The incumbent president, Trump, while speaking to a reporter on Air Force One, said that tariffs on the pharma industry are coming very soon.
Previously, the pharma industry was shielded away from Trump’s tariff blitzkrieg.
Rane (Madras) has approved the sale of surplus land in Velachery, Tamil Nadu.
The company is part of the Rane Group, which specialises in steering and suspension systems.
Rane (Madras) Ltd on Tuesday said its board has approved the sale of a surplus land parcel measuring approximately 3.48 acres in Chennai, Tamil Nadu, to Canopy Living LLP, a joint venture between Arihant Foundations & Housing Ltd and Prestige Estates Projects Ltd.
#JustIn | HCLTech: Spain’s ASISA partners with co to drive digital transformation and expansion in Iberia pic.twitter.com/FR5giIPdM3
— CNBC-TV18 (@CNBCTV18Live) June 17, 2025
The government has not yet taken a call on whether to impose a higher safeguard duty on steel imports beyond the provisional 12% currently in place, according to Sandeep Poundrik, Secretary, Ministry of Steel.
CNBC-TV18 Exclusive: Sources To CNBC-TV18
SEBI Circular On Expiry Days For Exchanges Likely Today
SEBI Likely To Have Decided w.r.t. Allotting Expiry Days To NSE & BSE
Alert: Last Day For Submitting Applications By Exchanges Was June 15
Several Smallcap 100 stocks are trading lower today. Reliance Power is down nearly 5% at ₹63.63, while Tata Teleservices (Maharashtra) has fallen around 4.5% to ₹68.70.
International Gemmological Institute (India) is also down by about 4.5%, trading at ₹367.50.
Aster DM Healthcare has declined 3.5% to ₹565.90, and Hindustan Copper is lower by nearly 3.5%, trading at ₹253.89.
On a day when the indices have largely traded in red with a minor decline, the Nifty Pharma index is one of the biggest losers at the bourse. This sectoral index declined by 1.45%.
Some of the biggest losers at this corner were as follows
Granules India Limited shares lost 2.8%.
Lupin Limited shares declined by 2.6%.
Aurobindo Pharma Limited shares dipped by 2.5%
DRC Systems to acquire a stake in Inexture Solutions to strengthen its global expansion and enhance delivery capabilities.
Hindustan Zinc has approved a ₹12,000 crore investment to set up a 250 KT integrated zinc complex at Debari as part of its 2x growth strategy.
The initial public offering (IPO) of Oswal Pumps Ltd. has been subscribed 5.27 times so far on the third and final day of bidding on Tuesday, June 17, with demand primarily coming from non-institutional bidders.
TVS Motor will begin accepting bookings for its flagship electric scooter, the TVS iQube, in Jakarta on June 19.
DLF’s premium project, Privana North, has generated sales worth approximately ₹11,000–12,000 crore, according to sources cited by CNBC-TV18.
The entire project was completely sold out within a week of its launch.
Privana North consists of 1,164 units, including 1,152 four-bedroom apartments and 12 penthouses.
A consortium including Siemens and led by Dineshchandra R Agrawal Infracon has secured a ₹4,100 crore contract, with Siemens’ portion valued at ₹1,230 crore.
#JustIn | #MarutiSuzuki launches 2025 Grand Vitara S-CNG, starting at ₹13.48 lk pic.twitter.com/1sZ3XP8kF2
— CNBC-TV18 (@CNBCTV18Live) June 17, 2025
Raminfo secures ₹484 crore contract from Rajasthan Renewable Energy Corporation (RRECL).
Several stocks are trading in the red today. Vishal Mega Mart is down 3.41% at ₹120.59, while Aurobindo Pharma has dropped 2.88% to ₹1,112.40.
Lupin is also lower by 2.55%, currently trading at ₹1,959.60.
Tube Investments of India has declined 2.52% to ₹2,912, and Sona BLW Precision Forgings is down 2.39%, trading at ₹488.25.
NBCC Secures ₹172.5 Crore Contract from UCO Bank
Here are a couple of stock recommendations by Mitessh Thakkar, Technical Analyst
Buy Maruti Suzuki with a stop loss below levels of ₹12,470 and a target of ₹12,800
Buy Cyient with a stop loss of ₹1,325 and a target of ₹1,400
The government considers clarifying GST rules for cab aggregators due to confusion between SaaS and commission-based models.
Click for More
Iron ore prices are falling even more because people are worried that demand for it is going down.
In response, Citi has reduced its expected price for iron ore.
Read Full Article
News
Live TV
Market
Popular Categories
Calculators
Trending Now
Let's Connect with CNBCTV 18
Network 18 Group :
©TV18 Broadcast Limited. All rights reserved.
