Markets at Noon: Nifty and Sensex Climb as Education Sector Shines
By ScanX News Team
Indian markets show positive momentum at midday on June 16, 2025, with Nifty 50 up 0.71% at 24,894.95 and Sensex gaining 0.64% to 81,638.78. The education sector leads with a 4.02% gain, while castings and forgings face pressure at -2.74%. Bajaj Finance trades ex-split and ex-bonus, while Sterlite Technologies surges 11.03% on AI-focused data centre solutions announcement. Overall, 2 out of 5 top sectors show gains, indicating a mixed but generally positive market sentiment.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets are showing positive momentum at midday on June 16, 2025, with both major indices trading in the green. The Nifty 50 is currently at 24,894.95, up 176.35 points or 0.71% from its previous close. Similarly, the BSE Sensex is trading at 81,638.78, registering a gain of 520.18 points or 0.64%.
Sectoral Performance
Top Performing Sectors
| Sector | Avg. Per Change |
|---|---|
| Education | 4.02% |
| Oil & Gas | 0.55% |
| Insurance | 0.55% |
| Cables | 0.55% |
| Healthcare Services | 0.17% |
Underperforming Sectors
| Sector | Avg. Per Change |
|---|---|
| Castings, Forgings & Fasteners | -2.74% |
| Capital Goods - Electrical Equipment | -1.87% |
| Steel | -1.66% |
| Diamond, Gems and Jewellery | -1.46% |
| Trading | -1.04% |
Buzzing Stocks
Bajaj Finance
Bajaj Finance shares are trading ex-split (1:2) and ex-bonus (4:1) today. The stock split reduces the face value from Rs 2 to Rs 1 per share, while the bonus issue grants 4 additional shares for each share held. Shareholders as of June 13 are eligible for this corporate action. The stock is currently trading at ₹937.00, down 89.96% on an adjusted basis from its previous close of ₹9,340.00.
Sterlite Technologies
Sterlite Tech shares surged 11.03% to ₹92.52 after the company announced an expansion of its Data Centre portfolio with new AI-focused solutions. The company has launched high-performance fibre and copper cabling solutions for modern data centres, partnering with Tech Data - India for distribution. This follows a recent ₹2,631.00 crore order from BSNL for broadband network development in Jammu & Kashmir and Ladakh.
Conclusion
As the trading session reaches its midpoint, the Indian markets are showing resilience with both Nifty and Sensex in positive territory. The education sector is leading the gains, while metal-related sectors face some pressure. Investors are closely watching the developments in AI-focused tech companies and the impact of corporate actions on stock prices.
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