Stock Market Update 22 June 2026: Sensex Gains Over 300 Pts; Nifty 50 Above 24,100

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Most Indian stock market indices traded higher as the markets reopened on Monday morning. Global markets, however, gave mixed cues and the INR remained unchanged against the USD.

Most Indian stock market indices were trading higher as the markets reopened on Monday, 22 June 2026, after the weekend break.

At around 9:16 AM, the Sensex was up by around 339 points (0.44%) to trade at 77,141.94. The Nifty 50 was also trading higher by around 98 points (0.41%) at 24,111.55.

Notably, the indices ended in the red on Friday amid weakness in the information technology stocks. At the market close, the Sensex stood at 76,802.90, down 0.78%. The Nifty 50 stood at 24,013.10, down 0.64%.

Not just the Sensex and the Nifty 50, but most other Indian indices were in the green during early trading on Monday.

At around 9:21 AM, Bank Nifty was up by 135 points (0.23%) to trade at 57,821.05. The Nifty Financial Services index was also up by around 0.43% to trade at 26,545.05.

All sectoral indices were also trading higher. Nifty Auto gained 0.24%, Nifty FMCG also gained 0.24%, Nifty IT gained 1.18%, Nifty Pharma gained 0.33%, and Nifty Metal gained 0.36%.

The overall market breadth was positive during early trading on Monday. Stocks of almost every sector were trading in the green. About 1,866 shares advanced, 778 shares declined, and 216 shares remained unchanged.

The top gainers on Nifty included Cipla, Tech Mahindra, Infosys, Eternal, and HCL Tech.

The top losers were Titan, Power Grid Corp, ONGC, and Interglobe Aviation.

Global markets gave mixed cues on Monday.

  • S&P 500 futures fell 0.4% as of 11:39 AM Tokyo time.

  • Japan’s Topix rose 1.3%.

  • Australia’s S&P/ASX 200 rose 0.1%.

  • Hong Kong’s Hang Seng fell 1.3%.

  • The Shanghai Composite fell 0.2%.

  • Euro Stoxx 50 futures fell 0.3%.

  • US-Iran Tensions: After a peace deal between the US and Iran was announced last week, global markets have gained fresh enthusiasm. However, the joy could be short-lived, with Iran shutting down a crucial transit point and the US threatening to restart attacks on Sunday.

  • Drop in Oil Prices: Global oil prices have dropped sharply after the reports of the US-Iran peace deal came out. Brent crude continues to trade below the $80 per barrel mark.

  • Rupee Unchanged: The Indian National Rupee (INR) opened almost unchanged at 94.3350 per US dollar on Monday. The previous close was at 94.32.

  • FPIs temper selling: The pace at which foreign investors were selling Indian equities has somewhat eased on Monday. However, their positioning in the market continues to reflect caution.

Also Read - Stocks To Watch On 22 June: Bharat Forge, Nestlé India, Reliance Industries and More

After a prolonged period of dullness and volatility, the markets finally seemed to be heading in the right direction. If there are no adverse developments, the indices could soon reclaim the pre-March levels. However, investors should wait for a few days and let the indices surpass crucial resistance zones before taking fresh long positions.

Sources:

The Economic Times

Moneycontrol

This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, visit www.kotakneo.com/disclaimer.

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