Stock Market Update 17 June 2026: Indices Flat After Market Opening

Most Indian stock market indices were flat during early trade on Wednesday, 17 June 2026. At market opening, they were marginally higher.

At around 9:19 AM, the Sensex was up by a nominal 42 points (0.06%) to trade at 76,851.03. The Nifty 50 was also up by 3 points (0.01%) to trade at 23,992.25.

Notably, both indices traded in the positive territory on Tuesday. At the market close, the Sensex stood at 76,808.48, up 0.71%. The Nifty 50 stood at 23,989.15, up 0.57%.

How Other Indices Are Performing?

Not just the Sensex and Nifty 50, but most other indices were trading flat during early trade on Wednesday.

At around 9:23 AM, Bank Nifty was down by 0.07% to trade at 57,255.50. The Nifty Financial Services index was also trading lower by 0.03% at 26,434.00.

Among the sectoral indices, Nifty Auto dropped 0.27%, Nifty Metal dropped 0.83%, while Nifty PSU Bank was down 0.12%. On the other hand, Nifty FMCG gained 0.04% and Nifty IT gained 1.03% during early trade.

Top Gainers And Losers

There is no clear direction in the market during early trade on Wednesday.

As of 9:28 AM, the top gainers on Nifty were Trent, Siemens, Infosys, BPCL, and Tech Mahindra.

The top losers were Lodha Developers, Jindal Steel, Adani Energy, Hindalco, and Vedanta.

Developments Shaping The Market

• Drop in oil prices: Brent crude dropped 5% on Tuesday to below $80 per barrel. This is its lowest level since the first week of March.

• Foreign inflow likely: India’s decision to allow foreign individuals to invest directly in the listed companies may bring fresh foreign inflow. This can subsequently lead to gains in the market.

• Rupee opens higher: The Indian National Rupee (INR) opened higher against the US dollar at 94.45. The previous close was at 94.56.

What About The Global Markets?

Global markets gave mixed cues on Wednesday.

• S&P 500 futures rose 0.2% as of 12:12 PM Tokyo time.

• Japan’s Topix rose 0.8%.

• Australia’s S&P/ASX 200 rose 0.5%.

• Hong Kong’s Hang Seng fell 0.8%.

• The Shanghai Composite was little changed.

• Euro Stoxx 50 futures fell 0.2%.

Also Read - Stocks To Watch On 17 June: Tata Motors, Wipro, General Insurance Corporation of India & More

Investor Takeaway

The Indian stock markets have been on a recovery path since the US-Iran peace deal. If the geopolitical developments remain aligned and foreign inflows increase as expected, the indices could witness further gains in the upcoming days. Investors must monitor these things carefully before taking big positions.

Sources:

The Economic Times

Moneycontrol