India Weekly Market Wrap: Nifty & Sensex Dip; Bank & Fin Nifty Flat; INR Trades 86; Silver Shines, Gold Weakens (June 14–July 18, 2025)
By CapitalKeeper | Weekly Wrap Up| Indian Equities | Market Moves That Matter
Discover India’s market snapshot: Nifty slips under 25,100, Sensex down 500 pts, financials mixed, INR trades near ₹86, gold imports hit two‑year lows, silver rallies to ₹112 k/kg. Full analysis.
1️⃣ Equities: Nifty, Sensex & Financials
- Nifty 50 softened, dropping 0.4% on July 18 to 25,013, pressured by weak Axis Bank earnings and IT uncertainty.
- BSE Sensex slid 500 pts, settling at 81,921.
- Bank Nifty & Fin Nifty also declined 0.5–1.1%, hit hard by banking sector stress; Axis Bank plunged 4% after disappointing quarterly results.
- Mid-week, markets rebounded briefly on soft Indian inflation data (+0.45% Nifty).
- But broader rally lost momentum mid-July as IT sector concerns resurfaced: Nifty IT dropped 1.1% .
2️⃣ Currency: INR / USD
- The rupee traded in a tight band of ₹85.78–86.08, finishing near 86.08/USD on July 18.
- A mix of stable Asian FX, dollar strength tied to Fed leadership chatter, and exporter dollar sales held INR range‑bound.
- RBI’s active intervention and limited FII inflows prevented sharp moves.
3️⃣ Commodities: Gold, Silver & Oil
- Gold: Imports fell 40% in June—the lowest in over two years—as record-high prices (₹101,078 per 10 g) eroded demand.
- Silver: Continued outperforming gold—rising 30% YTD, hitting ₹112,500/kg—driven by industrial demand in solar and electronics.
- Crude Oil: Prices remained steady. Tariff headlines and Middle East geopolitics moderated market moves, providing mixed cues.
4️⃣ Key Week Drivers
- Earnings: Weak Q2 results from Axis Bank dented financial indices; IT guidance worry added pressure.
- Inflation & RBI: India’s retail inflation dipped to six-year lows, boosting expectations of rate cuts ; fuel for market relief mid-week.
- Fed & Dollar: U.S. inflation uptick and Trump-Fed rhetoric strengthened the dollar, pressuring INR.
- Rupee dynamics: Exporter dollar sales and RBI reserve accumulation cushioned INR moves.
- Commodities: Gold demand declined sharply; silver interest surged as industrial demand outpaces precious metal interest .
📊 Weekly Summary
| Asset | End Level | Weekly Move | Key Drivers |
|---|---|---|---|
| Nifty 50 | 24,968.40 | –0.4% | Weak banks, IT |
| Sensex | 81,757.73 | –0.6% | Financial drag |
| Bank Nifty | 56,283.00 | –0.5 to –1.1% | Axis Bank results |
| Fin Nifty | 26,556.15 | Financial sector pressure | |
| INR/USD | 86.08 | Range-bound | Dollar strength, RBI |
| Gold imports | – 40% YoY | Demand low | Record prices |
| Silver | ₹112,500/kg | +30% YTD | Industrial demand |
| Crude | Flat | Mixed cues | Global dynamics |
🔍 Outlook & Strategy
- Equities: Monitor Q2 bank & IT earnings for definitive trend. Financial recovery or sustained IT weakness will steer indices.
- Rupee: INR likely to stay in 85.7–86.2 band absent shift in Fed policy or FX flows.
- Commodities: Gold demand will remain subdued at high prices; silver’s industrial momentum may continue.
- Macro cues: Watch U.S. inflation/policy, RBI decisions, and global risk sentiment.
📝 Final Take
A cautious week: weak earnings and tight macro backdrop kept markets in check. Amid a strong dollar and subdued gold demand, silver soared. INR held tight, with RBI support. Next week’s market direction hinges on prominent earnings, U.S. inflation data, and fiscal policy cues.
📌 For daily trade setups, technical learning, and smart investing tips, stay tuned to CapitalKeeper.in
📌 For more real-time updates, trade setups, and investment insights — follow us on [Telegram] and [WhatsApp Channel] subscribe to our newsletter!
📌 Disclaimer
The content provided on CapitalKeeper.in is for informational and educational purposes only and does not constitute investment, trading, or financial advice. While we strive to present accurate and up-to-date market data and analysis, we make no warranties or representations regarding the completeness, reliability, or accuracy of the information.
Stock market investments are subject to market risks, and readers/investors are advised to conduct their own due diligence or consult a SEBI-registered financial advisor before making any investment decisions. CapitalKeeper and its authors are not liable for any loss or damage, direct or indirect, arising from the use of this information.
All views and opinions expressed are personal and do not reflect the official policy or position of any agency or organization. Past performance is not indicative of future results.By using this website, you agree to the terms of this disclaimer.
