Stock Market Update 29 June 2026: Sensex, Nifty 50 Edge Ahead After Opening Lower

Both Sensex and Nifty 50 edged ahead after opening marginally lower on Monday, 29 June 2026.

At around 9:20 AM, the Sensex was up by around 32 points (0.04%) to trade at 77,132.45. The Nifty 50 was also trading higher by around 39 points (0.16%) at 24,095.00.

Notably, the markets remained closed for three straight days due to Muharram and the weekend. On Friday, 25 June 2026, the indices closed in the positive territory. While the Sensex stood at 77,100.47, up 0.14%, the Nifty 50 stood at 24,056.00, up 0.14%.

How Other Indices Are Performing?

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

At around 9:20 AM, Bank Nifty was up by 33 points (0.06%) to trade at 58,210.00. The Nifty Financial Services index was also up by around 0.29% to trade at 26,847.00.

Among the sectoral indices, Nifty Auto (down 0.58%), Nifty PSU Bank (down 0.39%) and Nifty IT (down 0.62%) were trading in the red. Nifty Metal (up 0.59%), Nifty FMCG (up 0.04%) and Nifty Pharma (up 0.85%) were in the green.

Top Gainers And Losers

Stocks mainly traded in mixed directions during early trading on Monday. About 1,428 shares advanced, 1,461 shares declined, and 266 shares remained unchanged.

The top gainers on Nifty included Dr Reddy's Labs, Eternal, Shriram Finance, JSW Steel and Trent.

The top losers were Kotak Mahindra Bank, Interglobe Aviation, Adani Enterprises, M&M and Infosys.

What About The Global Markets?

Global markets gave positive cues on Monday on the back of easing geopolitical tensions and declining energy prices.

• S&P 500 futures rose 0.5% as of 11:58 AM Tokyo time.

• Japan’s Topix was little changed.

• Australia’s S&P/ASX 200 rose 0.2%.

• Hong Kong’s Hang Seng rose 1.9%.

• The Shanghai Composite rose 0.2%.

• Euro Stoxx 50 futures rose 0.2%.

Factors Impacting The Markets

• US-Iran Tensions: Even after the peace deal, there are reports of occasional strikes and threats between the US and Iran. However, the ships are passing unrestricted through the Strait of Hormuz.

• Oil Prices: Global oil prices have dropped sharply after the reports of the US-Iran peace deal came out. Brent crude remains lower at around $73 per barrel.

• Rupee Unchanged: The Indian National Rupee (INR) opened almost unchanged at 94.35 per US dollar on Monday. The previous close was at 94.3950.

• FII Selling: Although FIIs continue to sell Indian equities, the volume has declined heavily in the last few trading sessions. However, it is too early to conclude that the trend could reverse in the upcoming days.

• Deficient Monsoon: Deficient monsoon (43%) till now is another important factor that has impacted the Indian stock markets. If the monsoon revives and offsets this deficit over the next few days, the markets could react positively.

Also Read - Stocks To Watch On 29 June: HDFC Bank, Persistent Systems, Kotak Mahindra Bank and more

Investor Takeaway

Although the markets have showed signs of improvement, a big rally is still awaited. Investors must closely monitor a few national and international factors before taking fresh positions.