{"id":43265,"date":"2025-06-18T17:30:15","date_gmt":"2025-06-18T12:00:15","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=43265"},"modified":"2025-06-18T17:36:21","modified_gmt":"2025-06-18T12:06:21","slug":"markets-slip-ahead-of-fed-verdict-nifty-below-24850","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/markets-slip-ahead-of-fed-verdict-nifty-below-24850\/","title":{"rendered":"Markets Slip Ahead of Fed Verdict; Nifty Below 24,850"},"content":{"rendered":"\t\t
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On<\/span> <\/span>another <\/span>turbulent<\/span> <\/span>day<\/span> on June 18, benchmark indices <\/span>closed<\/span> lower for <\/span>the<\/span> second session in <\/span>succession<\/span>, as investors <\/span>remained<\/span> <\/span>on<\/span> <\/span>their guard <\/span>ahead of <\/span>the <\/span>US Federal Reserve<\/span> announcement later tonight, and the <\/span>continuing<\/span> tensions in the Middle East.

At close, the Sensex <\/span>lost<\/span> <\/span>138.64 points or 0.17 percent at 81,444.66, and the Nifty <\/span>lost<\/span> <\/span>41.35 points or 0.17 percent at 24,812.05. The <\/span>laggard<\/span> <\/span>performance <\/span>of <\/span>the <\/span>broader market indices <\/span>was<\/span> <\/span>seen<\/span> <\/span>again as <\/span>BSE mid and smallcap indices <\/span>lost<\/span> 0.3 percent each.<\/span><\/p>\n

On the sectoral <\/span>side<\/span>, <\/span>with<\/span> <\/span>the exception of <\/span>auto, private bank, consumer durables, all <\/span>the <\/span>other indices <\/span>closed<\/span> in the red with IT, media, metal, oil & gas, realty <\/span>losing<\/span> 0.5-1 percent.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Stock in News<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Stocks<\/span> <\/span>of Hindustan Zinc <\/span>plunged<\/span> 7 percent to Rs 452.5 <\/span>during<\/span> morning trade on June 18 after Vedanta <\/span>sold<\/span> a 1.71 percent or 7.2 crore shares of the <\/span>firm<\/span> through block deals on Wednesday<\/span> <\/span>and<\/span> the <\/span>deal<\/span> size <\/span>was likely <\/span>to be around Rs 3,323 crore.<\/span><\/p>\n

Shares of One MobiKwik Systems Ltd., the parent entity<\/span> of <\/span>MobiKwik <\/span>digital payments platform<\/span>, <\/span>dropped<\/span> as much as 8 percent to Rs 247 intraday as the <\/span>six-month lock-in <\/span>for pre-IPO shareholders <\/span>expired<\/span> <\/span>today.<\/span><\/p>\n

IndusInd Bank <\/span>shares<\/span> <\/span>increased by <\/span>3.5 percent to Rs 838 per share on June 18 after global <\/span>broker<\/span> <\/span>Nomura upgraded <\/span>the stock<\/span>‘s<\/span> <\/span>rating <\/span>to <\/span>“<\/span>buy<\/span>.”<\/span> It also <\/span>increased<\/span> the target price to Rs 1,050 from Rs 700, <\/span>signaling<\/span> a <\/span>possible<\/span> upside of 25 percent from <\/span>the<\/span> <\/span>present level<\/span>.<\/span><\/p>\n

The stock<\/span> of Adani Ports & Special Economic Zone (APEZ) <\/span>fell<\/span> <\/span>nearly<\/span> 2 percent on June 18 to <\/span>hover<\/span> <\/span>around Rs 1,369 <\/span>per<\/span> <\/span>unit <\/span>in the afternoon. The stock has now extended losses to <\/span>sixth <\/span>straight<\/span> session as investors <\/span>are<\/span> <\/span>still<\/span> <\/span>worried <\/span>about the <\/span>possible<\/span> <\/span>danger<\/span> to its <\/span>flagship<\/span> port in Israel <\/span>due<\/span> <\/span>to <\/span>the <\/span>present<\/span> conflict in the Middle East.<\/span><\/p>\n

Trent‘s<\/span> shares recorded <\/span>significant<\/span> gains on June 18 as investors <\/span>praised<\/span> bullish <\/span>reports<\/span> <\/span>released<\/span> by brokerages for the <\/span>company<\/span>. <\/span>Shares of the company <\/span>rose<\/span> <\/span>more<\/span> <\/span>than <\/span>2 percent to <\/span>an intraday high of Rs 5,740 <\/span>per share<\/span>.

Source: Moneycontrol<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tOpen Zero Brokerage Account<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"On\u00a0another\u00a0turbulent\u00a0day\u00a0on June 18, benchmark indices\u00a0closed\u00a0lower for\u00a0the\u00a0second session in\u00a0succession, as investors\u00a0remained\u00a0on\u00a0their guard\u00a0ahead of\u00a0the\u00a0US Federal Reserve\u00a0announcement later tonight, and the\u00a0continuing\u00a0tensions…","protected":false},"author":4,"featured_media":41881,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[44],"tags":[],"class_list":{"0":"post-43265","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eveninger","8":"cs-entry","9":"cs-video-wrap"},"yoast_head":"\nMarkets Slip Ahead of Fed Verdict; 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