Stock Market Update 23 June 2026: Indices Trade Lower After Market Opening

Most Indian stock market indices were trading marginally lower during early trade on Tuesday, 23 June 2026.

At around 9:16 AM, the Sensex was trading lower by about 166 points (0.22%) at 76,928.12. The Nifty 50 also traded lower by around 50 points (0.21%) at 24,053.30.

Notably, on Monday, the indices traded in the positive territory. At market close, the Sensex stood at 77,094.07, up 0.38%. The Nifty 50 stood at 24,102.90, up 0.37%.

How Other Indices Are Performing?

Not just the Sensex and Nifty 50, but most other indices were trading in the red during early trade on Tuesday.

At around 9:19 AM, Bank Nifty was down by around 0.20% to trade at 57,817.95. The Nifty Financial Services index was also down by around 0.04% to trade at 26,575.70.

Among the sectoral indices, Nifty Auto (down 0.05%), Nifty FMCG (down 0.25%), Nifty Metal (down 1.15%), and Nifty IT (down 1.24%) were trading in the red. Nifty Pharma (up 0.94%) was the only index in the green.

Top Gainers And Losers

During early trade on Tuesday, approximately 1,376 shares were in the green, 882 shares were in the red and 174 shares were unchanged.

The top gainers on Nifty included Dr Reddy's Labs, Adani Ports, Tata Consumer, Apollo Hospitals and Cipla.

The top losers were Infosys, Hindalco, HCL Tech, TCS and Tech Mahindra.

What About The Global Markets?

Global markets gave mixed to negative cues on Tuesday.

• S&P 500 futures fell 0.3% as of 10:45 AM Tokyo time.

• Japan’s Topix fell 0.7%.

• Australia’s S&P/ASX 200 was little changed.

• Hong Kong’s Hang Seng was little changed.

• The Shanghai Composite fell 0.1%.

• Euro Stoxx 50 futures fell 0.3%.

Factors Impacting The Markets

• The US-Iran Peace Deal: The US-Iran talks gained momentum on Monday. Washington announced a waiver of sanctions on Iran for 60 days.

• Oil Prices: As war tensions eased a bit, global oil prices have stabilised below $80 per barrel.

• Rupee Opens Lower: The Indian national rupee (INR) opened weaker at 94.69 per US dollar. The previous close was at 94.6775.

Also Read - Stocks To Watch On 23 June: Birla Corporation, TCS, Hindustan Zinc And More

Investor Takeaway

The US-Iran peace deal has brought fresh energy into the markets. The Indian stock market indices have shown a good recovery in the last week. If the geopolitical situation remains normal, the markets could witness further recovery in the upcoming days.

Although the markets have opened lower on Tuesday, analysts still believe Indian equities are likely to stay positive in the near term.

Sources:

The Economic Times

Moneycontrol