Market Wrap: Nifty and Sensex Close in Red Amid Sector-Specific Movements
By ScanX News Team
Indian stock markets closed negative on June 30, with Nifty 50 down 0.47% at 25,517.05 and Sensex down 0.54% at 83,606.46. Printing & Stationery and Cables sectors outperformed, while Engineering Services declined. Sigachi Industries plunged 11.54% following a plant blast, and Remsons Industries fell 6.93% despite a new agreement. Market breadth remained positive with 2,555 advancing stocks out of 4,482 traded.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets closed on a negative note on Monday, June 30, 2025, with both benchmark indices, Nifty 50 and BSE Sensex, ending in the red. The Nifty 50 closed at 25,517.05, down 120.75 points or 0.47% from the previous close. Similarly, the BSE Sensex finished at 83,606.46, shedding 452.44 points or 0.54%.
Sectoral Performance
The market witnessed a mixed bag of sector-specific movements, with some sectors showing significant gains while others faced downward pressure.
Top Performing Sectors
| Sector | Average % Change |
|---|---|
| Printing & Stationery | 6.69 |
| Cables | 5.84 |
| Packaging | 2.19 |
| Forest Materials | 1.75 |
| Castings, Forgings & Fasteners | 1.50 |
Top Losing Sectors
| Sector | Average % Change |
|---|---|
| Engineering Services | -0.96 |
| Transport Services | -0.28 |
| Capital Goods - Electrical Equipment | -0.26 |
| Education | -0.21 |
Buzzing Stocks
Two stocks made headlines during the trading session:
Sigachi Industries: The company's stock plummeted 11.54% to ₹48.76 following news of a major blast at its manufacturing plant in Pashmylaram industrial area. The incident resulted in multiple critical injuries and possible fatalities, causing significant damage to the facility.
Remsons Industries: Despite announcing a strategic technical license agreement with Ausus Automotive Systems Do Brasil Ltda, Brazil, the stock fell 6.93% to ₹137. The agreement involves technology transfer to support local OEMs in Brazil.
Market Breadth
The overall market breadth leaned positive, with more advancing stocks than declining ones:
| Category | Number of Scrips |
|---|---|
| Total Traded | 4,482 |
| Positive | 2,555 |
| Negative | 1,927 |
Conclusion
In summary, the Indian stock market closed lower on June 30, 2025, with both Nifty 50 and Sensex in the red. While sectors like Printing & Stationery and Cables showed strong gains, Engineering Services and Transport Services faced the most significant declines. The market breadth remained positive despite the overall negative close, indicating mixed sentiment among investors.
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