Stock Market Update 24 June 2026: Indices Trade Marginally Higher After Market Opening

Most Indian stock market indices were trading marginally higher after market opening on Wednesday, 24 June 2026.

At around 9:18 AM, the Sensex was up by 186 points (0.24%) to trade at 76,387.11. The Nifty 50 was also up by 44 points (0.18%) to trade at 23,867.65.

Notably, both indices crashed by over 1% on Tuesday. At the market close, the Sensex stood at 76,200.68, down 1.16%. The Nifty 50 stood at 23,824.10, down 1.16%.

How Other Indices Are Performing?

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

At around 9:22 AM, Bank Nifty was up by 249 points (0.44%) to trade at 57,433.10. The Nifty Financial Services index was also trading higher by 0.20% at 26,381.00.

Among the sectoral indices, Nifty Auto dropped 0.39%, Nifty Metal dropped 0.41%, while Nifty PSU Bank was up 0.28%. Nifty FMCG gained 0.22%, Nifty Pharma gained 0.85%, and Nifty IT gained 0.72% during early trade.

Top Gainers And Losers

The overall market breadth was positive during early trade on Wednesday. Approximately 1,414 shares advanced, 849 shares declined, and 156 shares remained unchanged.

The top gainers on Nifty were Tech Mahindra, Adani Enterprises, Infosys, Dr Reddy's Labs and ICICI Bank.

The top losers were Bajaj Auto, Hindalco, Bharti Airtel, HCL Tech and Grasim Industries.

What About The Global Markets?

Global markets gave mixed cues on Wednesday amid uncertainty over the US-Iran ceasefire.

• S&P 500 futures were little changed as of 11:44 AM Tokyo time.

• Japan’s Topix fell 0.3%.

• Australia’s S&P/ASX 200 rose 0.2%.

• Hong Kong’s Hang Seng fell 0.2%.

• The Shanghai Composite fell 0.4%.

• Euro Stoxx 50 futures were little changed.

Developments Shaping The Market

• Middle East Tension: Although the US and Iran had announced a peace deal a few days ago, greater clarity on the situation in the Middle East is still awaited. The top leaders of both countries are giving conflicting statements.

• Oil Prices: Global oil prices continue to fall. On Wednesday, they reached near 4-month lows after news emerged that more tankers are being allowed to transit through the Strait of Hormuz.

• Rupee Opens Lower: The Indian National Rupee (INR) opened lower at 94.89 per US dollar. The previous close was at 94.73.

Also Read - Stocks To Watch On 24 June: Infosys, Vedanta, City Union Bank And 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, 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