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EQUITY
Post Session: Quick Review
Jun-19-2026

Indian equity benchmarks ended lower on Friday, with both the Nifty and Sensex snapping their five-session winning streak amid sharp selling in IT stocks after Accenture lowered its revenue growth forecast. Markets made a negative start and remained lower throughout the session, as investors stayed cautious amid concerns over a nationwide rainfall deficit, as IMD data showed that India recorded a 41% shortfall in rainfall. 

Some of the important factors in trade:

India facing nationwide rainfall deficit of 41%: Traders were concerned as the India Meteorological Department (IMD) data has showed that India is facing a nationwide rainfall deficit of 41 per cent between June 4 and June 18, 2026, as the southwest monsoon stalled over southern Maharashtra. 

Banking system liquidity surplus falls to nearly 3-month low: Sentiments remained dull as the Reserve Bank of India (RBI) data showed that surplus liquidity in the banking system narrowed sharply to its lowest level in nearly three months, weighed down by advance tax outflows, despite liquidity support measures undertaken by RBI.

India Inc likely to see slower revenue growth, margin pressure in Q1FY27: Some cautiousness came as rating agency ICRA said that India Inc likely to witness moderation in its revenue growth to mid-to-high single digit in Q1 (April-June) 2026-27 as compared with the 13.2 per cent growth recorded in the fourth quarter of FY26.

On the global front: European markets were trading mostly in green aided by gains in energy and healthcare stocks. Asian markets settled mixed in thin trading on Friday, with markets in mainland China, Hong Kong, and Taiwan closed for holidays.

The BSE Sensex ended at 76802.90, down by 607.08 points or 0.78% after trading in a range of 76469.72 and 76901.65. There were 13 stocks advancing against 17 stocks declining on the index. (Provisional)

The top gaining sectoral indices on the BSE were Telecom up by 1.59%, Capital Goods up by 1.11%, Power up by 1.02%, Industrials up by 0.83% and Healthcare up by 0.76%, while IT down by 3.57%, TECK down by 1.86%, Oil & Gas down by 1.21%, Energy down by 1.00% and Realty down by 0.94% were the top losing indices on BSE. (Provisional)

The top gainers on the Sensex were Eternal up by 1.90%, Bharti Airtel up by 1.51%, Power Grid Corp up by 1.25%, Trent up by 1.08% and NTPC up by 1.08%. On the flip side, Infosys down by 6.41%, TCS down by 3.05%, HCL Technologies down by 2.55%, Tech Mahindra down by 2.45% and HDFC Bank down by 2.21% were the top losers. (Provisional)

Meanwhile, expressing optimism about India’s export potential, the Associated Chambers of Commerce and Industry of India (Assocham) has said that the country can achieve $200 billion in exports to BRICS countries by 2030, up from $96 billion in the last fiscal year. It also said that India’s share of BRICS countries’ global imports could rise to 4 per cent by 2030 through enhanced South-South cooperation. BRICS is an intergovernmental organisation comprising 11 major emerging economies: Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, Saudi Arabia, the UAE, and Indonesia.

The industry chamber said electronic equipment, minerals and metal products, chemicals, auto and auto components, textiles, leather, engineering products, pharma products, gems and jewellery, rice, food and marine products are among the key focus segments for India to enhance exports to BRICS countries. 

It said the increased competitiveness of India's manufacturing sector and emerging demand and supply patterns among member countries support India's enhanced export growth trajectory under BRICS Plus. Meanwhile, India's trade with the bloc stood at $417 billion in FY26. Representing roughly 40 per cent of global GDP, 26 per cent of trade and 50 per cent of the global population, the bloc is growing faster than the global average.

The CNX Nifty ended at 24013.10, down by 154.90 points or 0.64% after trading in a range of 23901.90 and 24047.20. There were 26 stocks advancing against 24 stocks declining on the index. (Provisional)

The top gainers on Nifty were Eternal up by 2.05%, Bharti Airtel up by 1.92%, Power Grid Corp up by 1.23%, Nestle up by 1.22% and Apollo Hospital Ent. up by 1.15%. On the flip side, Infosys down by 6.47%, TCS down by 3.55%, HCL Technologies down by 2.59%, HDFC Bank down by 2.40% and Tech Mahindra down by 2.33% were the top losers. (Provisional)

European markets were trading mostly in green; Germany’s DAX gained 119.5 points or 0.48% to 25,146.30 and France’s CAC rose 13.52 points or 0.16% to 8,481.50, while UK’s FTSE 100 decreased 19.05 points or 0.18% to 10,380.65.

Asian markets settled mixed in thin trade on Friday, with markets in mainland China, Hong Kong and Taiwan closed for holidays. A cautious undertone prevailed after planned talks in Switzerland between the United States and Iran to discuss the technical terms of their ceasefire deal have been postponed, raising doubts about the durability of the recent peace agreement and weighing on risk appetite across regional markets. Investors' sentiment has also been hit by expectations that central banks including the Federal Reserve will raise interest rates to curb inflation. However, Japanese shares gained marginally after data showed Japan's key inflation gauge remained steady at 1.4% in May, partly due to government subsidies on energy costs. Meanwhile, the risk of official Japanese intervention mounted as the yen traded on the brink of a 40-year low. 

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

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Hang Seng

--

--

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Jakarta Composite

6,177.14

4.80

0.08

KLSE Composite

1,712.03

0.64

0.04

Nikkei 225

71,250.06

196.57

0.28

Straits Times

5,192.70

-20.14

-0.39

KOSPI Composite

9,052.42

-11.42

-0.13

Taiwan Weighted

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