Indian equity benchmarks opened on a flat note on June 24, 2026, with the BSE Sensex gaining 29 points to trade at 78,674.56, while the NSE Nifty50 remained below the 23,800 mark, hovering around 23,791.85. The market opened with a cautious tone amid mixed global cues.
Trent Leads Gains
Trent Ltd emerged as the top gainer among Nifty stocks, surging 4.38% in early trade, driven by positive investor sentiment following strong quarterly results. Other notable gainers included Bajaj Finserv, HDFC Bank, and Reliance Industries, which added modest gains. On the losing side, tech stocks like Infosys and TCS faced mild profit booking.
Asian Markets Mixed
Asian markets presented a mixed picture. South Korea's Kospi index edged up 0.2%, while Hong Kong's Hang Seng index declined 0.5% amid concerns over China's economic recovery. Japan's Nikkei 225 also traded flat. The mixed performance in Asia reflected uncertainty ahead of key economic data releases later this week.
Sectoral Performance
Sectorally, the Nifty Consumer Durables index outperformed, led by gains in Trent and Titan. The Nifty Bank index also traded in the green, supported by HDFC Bank and ICICI Bank. However, the Nifty IT index slipped 0.3% due to weakness in global tech peers. The broader markets showed resilience, with the BSE Midcap and Smallcap indices rising up to 0.5%.
Market Outlook
According to market analysts, the near-term trend remains range-bound as investors await the monsoon session of Parliament and global cues. "The market is consolidating after recent gains, and we expect volatility to remain low in the absence of major triggers," said a senior analyst at Motilal Oswal Financial Services. The rupee also opened flat at 83.52 against the US dollar.
