Bata, Nykaa, Meesho lead retail gainers as Sensex and Nifty close up 0.40% on June 18

Indian consumer and retail stocks outperformed on June 18, with Bata India, Nykaa, Meesho and KPR Mill featuring among top gainers as benchmark indices rose 0.40%. Nifty IT lagged 1% lower following Fed signals of a possible rate hike, leaving the Fed funds range at 3.50%-3.75%.

— Source publishedThu, 18 Jun, 2026, 15:44 IST·First seen Thu, 18 Jun, 2026, 15:51 IST·Source Mint · Markets

What happened

Indian retail and consumer stocks including Bata India, Nykaa, and Meesho featured among top gainers on June 18 as Sensex and Nifty closed up over 0.40%, while

Key facts

  • Nifty +0.40%
  • Sensex +0.40%
  • Nifty Midcap 100 +0.40%
  • Nifty Smallcap 100 +0.47%
  • Nifty IT -1%
  • Fed funds 3.50%-3.75%

Why this matters

A re-rating window is opening for listed retail and beauty peers; refresh comps on Nykaa, Bata and Meesho-adjacent assets now, as elevated multiples could make any near-term M&A or stake deals more expensive.

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