Sensex Prediction for Today – 17 June 2025 | Will the Rally Sustain ?

The Indian equity market bounced back with strength on Monday, 16 June 2025, ending a two-session losing streak. The BSE Sensex surged 677.55 points to close at 81,796.15, supported by broad-based buying across sectors. This gain brought relief to traders after last week’s sharp declines caused by global geopolitical tensions, crude oil price spikes, and persistent foreign institutional selling.

With positive global cues and easing oil prices, the market sentiment improved, and investors picked up quality stocks at lower levels. The recovery in heavyweight sectors like IT, FMCG, and Financials helped Sensex regain short-term support zones, setting the stage for a cautiously optimistic Tuesday session.

Sensex Performance Recap – 16 June 2025

• Closing Level: 81,796.15

• Points Gained: +677.55

• Percentage Change: +0.84%

• Market Breadth: 27 out of 30 Sensex stocks ended in the green

 

Top Gainers:

• UltraTech Cement

• Tech Mahindra

• HCL Tech

• TCS

• SBI Life

• ONGC

Most of these stocks gained between 2%–3%, supported by short-covering and positive institutional flows.

Top Losers:

• Tata Motors (-3.57%)

• Adani Ports

• Sun Pharma

Tata Motors came under pressure after reporting weak export guidance, while Sun Pharma faced mild profit-booking.

Also Read :-https://bytethenews.in/nifty-prediction-for-today-by-experts-17-june-2025/

 

Why Did the Market Rebound ?

1. Cooling Crude Prices

After several sessions of volatility, crude oil prices showed signs of easing, bringing relief to inflation-sensitive sectors. India, being a net oil importer, benefits from lower global oil rates.

2. Stability in Global Markets

Asian and U.S. markets posted positive closes on Friday and Monday, helping calm nerves in emerging markets. The easing of U.S. inflation concerns also lifted sentiment globally.

3. Earnings Momentum in IT

Mid and large-cap IT stocks like TCS, Tech Mahindra, and HCL Tech rose on improved revenue guidance and optimism surrounding upcoming quarterly earnings.

4. Short-Covering Rally

With the index near key technical supports last week, many traders covered their short positions, adding momentum to Monday’s gains.

Technical Outlook for Sensex – 17 June 2025

The bounce has brought Sensex back above its 20-day Exponential Moving Average (EMA), a positive sign. However, the index now faces a stiff resistance zone, and traders should watch closely for further confirmation of a bullish reversal.

Key Support Levels:

• 81,250 – Immediate support

• 80,705 – Strong short-term support

• 80,397 – Major support (break here could trigger selling)

 

Resistance Levels to Watch:

• 82,104 – Immediate resistance

• 82,412 – Crucial barrier

• 82,957 – Major resistance for trend reversal

If Sensex sustains above 82,412, the short-term outlook will turn bullish. Until then, the tone remains cautious but hopeful.

 Trader Strategy for 17 June 2025

With some optimism back in the market, here’s how traders can approach the day:

• Go Long Above 82,412: A breakout above this level could trigger further upside toward 82,957 and beyond.

• Watch for Rejection Below 81,250: If the index slips below this support, a pullback to 80,705 is likely.

• Focus on Defensive & Tech Stocks: IT, FMCG, and Pharma are relatively safer in uncertain macro conditions.

• Avoid Aggressive Bets: Until the index decisively clears resistance, avoid high-leverage trades.

• Track Global Cues: Crude oil trends, Asian market openings, and overnight U.S. data remain key influencers.

 

FAQs – Sensex Outlook

Q1. Why did Sensex rise on 16 June 2025 ?

A: The rise was driven by global recovery, easing oil prices, and buying in IT and financial stocks. Technical support at 80,700 also helped trigger a bounce.

 

Q2. Will the Sensex go up again today ?

A: If the index holds above 81,250 and crosses 82,412, further upside is likely. Otherwise, we may see consolidation.

 

Q3. Which sectors look strong ?

A: IT, FMCG, and Pharma continue to show resilience. Select banking and insurance stocks are also gaining traction.

 

Q4. Is this a good time to invest ?

A: Long-term investors can consider staggered buying in quality stocks. Short-term traders should wait for a breakout above 82,412.

 

Q5. What should be the stop-loss for fresh trades ?

A: Keep a strict stop-loss below 81,250 for long trades. For shorts, maintain risk controls near 82,412 resistance.