The period from June 9, 2024, to June 6, 2025 has been quite an eventful period for the Indian stock market. It was a time of big ups and downs, with different parts of the market performing very differently. The government's continued focus on managing its finances carefully was a major theme.
The government aimed to balance economic growth with keeping the national debt in check. This strategy helped certain sectors like defence, capital goods (companies making machinery), and electric vehicles do very well. However, global issues and high stock prices made sectors like IT, some public sector companies, and auto stocks struggle.
Despite global trade worries, especially with renewed tariffs, the Modi administration strongly pushed for "Make in India" in defence. The success of "Operation Sindoor" has successfully highlighted India's growing ability to produce its own defence equipment.
Locally, Indian investors (Domestic Institutional Investors or DIIs) bought a lot of stocks, which helped cushion the impact of foreign investors selling their shares, especially when company earnings weren't growing much.
Here's a quick look at how major Indian stock market indices fared:
Index | Return (June 9, 2024 - June 6, 2025) |
Nifty | 7.5% |
Sensex | 7.5% |
Bank Nifty | 13.65% |
Nifty Midcap 150 | 11% |
Nifty Smallcap 250 | 6% |
The Bank Nifty and mid-cap stocks performed notably well, while large-cap and small-cap segments saw moderate gains.
Financial services and banking sectors were the clear winners of this time, while media, auto, and real estate faced significant challenges.
Here is a complete breakdown of sector-wide performance:
Sectoral Index | Return (June 9, 2024 - June 6, 2025) |
Nifty Financial Services | 21.2% |
Nifty Bank | 13.7% |
Nifty Pharma | 9.8% |
Nifty IT | 8% |
Nifty Oil & Gas | -2.2% |
PSU Banks | -3.2% |
FMCG | -3.8% |
Nifty Metal | -4% |
Nifty Realty | -4.1% |
Nifty Auto | -5.5% |
Nifty Media | -15% |
Here are the best and worst performers within the Nifty 50 index:
Company | Return |
44% | |
38% | |
37% |
Company | Return |
-45% | |
-27% | |
-25% |
In essence, the period from June 2024 to 25 has been a testament to the resilience and dynamism of the Indian equity market. In the coming year, the market is likely to continue being shaped by a blend of policy initiatives, global economic trends, and the ever-evolving domestic investment landscape.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: Jun 12, 2025, 10:30 AM IST
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