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Paytm Slides on UPI Clarification, IndiGo Drops Post Crash News, BSE Falls Under ASM Lens
Paytm Slides on UPI Clarification, IndiGo Drops Post Crash News, BSE Falls Under ASM Lens
Written by - Fisdom Research
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June 12, 2025
2 minutes
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Market Snapshot
Benchmark indices witnessed sharp selling, erasing the previous session’s gains and ending a six-day winning streak.
Nifty 50 closed below 24,900, ending the day at 24,888, down 253 points, while the Sensex declined 823 points, closing at 81,692.
The sell-off was triggered by rising geopolitical uncertainty in the Middle East, which led to a spike in crude oil prices and dampened global risk sentiment.
All sectoral indices ended in the red, with realty, consumer durables, FMCG, metals, IT, power, oil & gas, and auto falling between 1–2%. Realty and consumer durables emerged as the top sectoral laggards.
Broader markets underperformed, with Nifty Midcap and Smallcap indices losing close to 2%, marking their second consecutive session of underperformance.
Sectoral Trends
Sector Name
% Change
Sector Name
% Change
NIFTY HEALTHCARE INDEX
0.1
NIFTY IT
-0.8
NIFTY PHARMA
-0.1
NIFTY PSU BANK
-1.3
NIFTY MEDIA
-0.4
NIFTY FMCG
-1.3
NIFTY PRIVATE BANK
-0.8
NIFTY METAL
-1.6
Top News
Aviation stocks like IndiGo (-3%) and SpiceJet (-1.5%) declined after an Air India flight crashed near Ahmedabad shortly after takeoff, raising investor concerns.
Paytm plunged 10% intraday following a Finance Ministry clarification denying plans to levy MDR on UPI transactions above ₹3,000, refuting earlier media reports.
BSE shares extended losses over 7% after being placed under the ASM framework due to unusual price action, high volumes, and concentrated client activity.
Top Gainers and Losers
Top Gainers
% Change
Top Losers
% Change
APOLLOHOSP
1.0
TATAMOTORS
-3.0
ASIANPAINT
0.7
TITAN
-2.6
BAJAJFINSV
0.5
TRENT
-2.6
Technical Outlook: Key Indices
Indices Name
Support
Resistance
Nifty
24,800
25,000
Bank Nifty
55,500
57,000
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