Cemindia Projects Ltd emerged as the biggest loser in the BSE's 'A' group on June 12, 2026, with shares tumbling 3.44% to ₹1,121.9 at 14:46 IST. According to reports from Business Standard, the stock witnessed significantly higher trading activity with 89,901 shares traded on the counter, substantially above the average daily volumes of 53,573 shares recorded over the past one month. Nestle India Ltd followed as the second biggest loser, crashing 3.23% to ₹1,377.4, with shares falling following an ANI report that the Food Safety and Standards Authority of India (FSSAI) issued a notice to the company over an alleged complaint involving the detection of an insect or larvae in a Maggi packet. As per the report, FSSAI has taken cognisance of complaints circulating on social media and sought detailed action taken reports (ATRs) from multiple companies, including Nestle India, KFC, Flipkart India and Open Secret.
Domestic institutional investors pumped in over ₹5,300 crore on June 12, helping propel the Sensex nearly 1,700 points higher despite continued foreign selling. According to exchange data, DIIs were net buyers of equities worth ₹5,341.29 crore during the session, purchasing shares worth ₹18,877.03 crore and selling ₹13,535.74 crore. The strong domestic inflows came as Indian equities witnessed broad-based buying, pushing the BSE Sensex up 1,695 points to 75,528 and the NSE Nifty climbing 461 points to 23,623, reclaiming the 23,600 mark. The rally marked one of the strongest single-day gains for the benchmark indices in recent sessions. Market sentiment improved following reports of a potential US-Iran agreement, easing concerns over geopolitical tensions. Adding to the optimism, Brent crude prices slipped below $87 per barrel, providing relief to sectors sensitive to fuel costs.
Bank Nifty surged past 56,800 to emerge as the biggest driver of the market rally, with the banking sector spearheading gains amid easing geopolitical tensions and sharp decline in crude oil prices. As per SBI Securities, the Nifty has immediate support in the 23,310-23,330 zone while resistance is placed at 23,440-23,460. A break below 23,310 could drag the index towards the 23,220-23,240 range, whereas a decisive move above 23,460 may extend the rally towards 23,600. Sudeep Shah, Head of Technical and Derivatives Research at SBI Securities, noted that the banking stocks continued to outperform the broader market, with significant call writing at the 23,400 and 23,500 strikes, while the 23,300 strike holds the highest put open interest. Banking, financials and realty lead gains due to improving liquidity management measures and macro stability, with Kotak Mahindra Bank, ICICI Bank, and HDFC Bank among the top weekly gainers.
The benchmark indices delivered strong performance on June 12, 2026, with Sensex climbing 1,695.41 points or 2.30% to close at 75,527.95 and Nifty50 advancing 461.30 points or 1.99% to end at 23,622.90. During the afternoon session, the Sensex rallied as much as 2.4% to hit an intraday high of 75,608.02, while the Nifty50 surged to the session's peak of 23,645.35. Over the week, Sensex rose 1.7% and Nifty 50 was up 1%. Bank Nifty outperformed with a gain of nearly 3%, ending at 56,814.80 and rising 4.2% for the week. The Nifty Smallcap index jumped 436.40 points or 2.62% to close at 17,079.10, significantly outperforming the broader market indices. Among midcap stocks, Nifty Midcap 100 rose 1.44% to 60,768.10, with Ashok Leyland leading gains at 9.83%, followed by L&T Finance at 7.34% and Motilal Oswal Financial Services at 6.89%.
Cartrade Tech Ltd lost 1.86% to ₹2,316.9, ranking as the third biggest loser in the 'A' group. As reported by Business Standard, the stock saw exceptionally high trading activity with 2.08 lakh shares traded, more than double the average daily volume of 83,842 shares recorded in the past month. Oil & Natural Gas Corpn Ltd shed 2.24% to ₹245.7, while Tech Mahindra plummeted 2.18% to ₹1,455.7. According to the report, these stocks rounded out the top five biggest losers in the BSE's 'A' group for the trading session. Gland Pharma declined 2.10% to ₹1,500.3, while Lenskart Solutions fell 1.64% to ₹1,481.7. Nifty IT remained the only exception to the broader market rally and declined for the eighth consecutive session, with continued concerns around global technology spending, AI disruption and uncertainty regarding US demand keeping investors cautious towards export-oriented technology stocks. However, the decline in crude prices triggered buying in downstream oil marketing companies, commercial vehicle manufacturers and commercial vehicle financiers, while upstream energy producers lagged.
