{"id":15328,"date":"2026-06-24T04:00:39","date_gmt":"2026-06-24T04:00:39","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/finance\/nifty-sensex-open-24-june-2026-06-24\/"},"modified":"2026-06-24T04:02:02","modified_gmt":"2026-06-24T04:02:02","slug":"nifty-sensex-open-24-june-2026-06-24","status":"publish","type":"post","link":"https:\/\/lemonn.co.in\/blog\/market-updates\/nifty-sensex-open-24-june-2026-06-24\/","title":{"rendered":"Nifty Jumps, Sensex Soars: Top Reasons Behind Today’s Market Move- 24th June 2026"},"content":{"rendered":"
\"Indian<\/figure>\n\n\n

Indian equities opened marginally higher on Wednesday, 24 June, with Nifty 50<\/strong> reclaiming levels above 23,850<\/strong> and Sensex<\/strong> rising over 200 points, after both indices fell about 1.16%<\/strong> in the previous session amid a global technology selloff.<\/p>\n\n\n\n

Market Overview<\/h2>\n\n\n\n
Index<\/strong><\/th>24 Jun 2026 Open\/early trade<\/strong><\/th>Move & % Change<\/strong><\/th>Comments<\/strong><\/th><\/tr><\/thead>
Sensex<\/strong><\/td>approx. 76,300\u201376,450<\/td>+100 to +200 pts (approx. +0.1% to +0.3%)<\/td>Opened in the green after Tuesday’s 893-pt fall.<\/td><\/tr>
Nifty 50<\/strong><\/td>around 23,850<\/strong><\/td>+25 to +30 pts (approx. +0.1%)<\/td>Recovered from opening lows after closing at 23,824.10.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Note: figures are approximate; final exchange data not available at time of publication.<\/p>\n\n\n\n

    \n
  • Sensex<\/strong> had closed at 76,200.68<\/strong>, down 893.39 points (1.16%)<\/strong> on Tuesday.<\/li>\n\n\n\n
  • Nifty 50<\/strong> had ended at 23,824.10<\/strong>, lower by 278.80 points (1.16%)<\/strong>.<\/li>\n\n\n\n
  • GIFT Nifty<\/strong> traded around 23,862\u201323,874<\/strong>, signalling a muted to mildly positive start.<\/li>\n\n\n\n
  • Analysts expect range-bound trade with a slight negative bias near term.<\/li>\n<\/ul>\n\n\n\n

    Global Cues<\/h2>\n\n\n\n
    Market\/Asset<\/strong><\/th>Movement<\/strong><\/th>Notes<\/strong><\/th><\/tr><\/thead>
    S&P 500 futures<\/strong><\/td>little changed<\/td>Indicate cautious US equity sentiment.<\/td><\/tr>
    Japan Topix<\/strong><\/td>-0.3% to -0.41%<\/td>Japanese equities softer.<\/td><\/tr>
    Japan Nikkei 225<\/strong><\/td>-0.52%<\/td>Dragged by broader Asia weakness.<\/td><\/tr>
    South Korea Kospi<\/strong><\/td>+3.65%<\/td>Rebounded after 10% fall in prior session.<\/td><\/tr>
    Kosdaq<\/strong><\/td>+1.49%<\/td>Tech-heavy index recovered.<\/td><\/tr>
    Hong Kong Hang Seng<\/strong><\/td>mixed \/ slightly lower<\/td>Futures indicated higher open, cash trade softer.<\/td><\/tr>
    Shanghai Composite<\/strong><\/td>-0.4%<\/td>Mainland China indices weaker.<\/td><\/tr>
    Brent crude<\/strong><\/td>around $76.3\u201376.7<\/strong>, about -1.0%<\/td>Oil extended declines as Hormuz traffic normalised.<\/td><\/tr>
    WTI crude<\/strong><\/td>around $72.4\u201372.9<\/strong>, about -1.0%<\/td>Lower oil supportive for India bonds and macros.<\/td><\/tr>
    Gold (spot)<\/strong><\/td>about -0.8% to -1.0%<\/td>Fell to near two-week low on stronger dollar.<\/td><\/tr>
    US dollar index<\/strong><\/td>at 101.39<\/strong>, +0.38%<\/td>Hit highest level since May 2025.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    Note: figures are approximate; final exchange data not available at time of publication.<\/p>\n\n\n\n

      \n
    • US equities closed lower, led by semiconductor stocks.<\/li>\n\n\n\n
    • Major US chip names like Nvidia, AMD, Intel and Micron fell between about 4% and 13%.<\/li>\n\n\n\n
    • Concerns persist over a more hawkish US Federal Reserve and higher-for-longer rates.<\/li>\n\n\n\n
    • Uncertainty over a proposed US\u2013Iran ceasefire continues to cloud risk sentiment.<\/li>\n<\/ul>\n\n\n\n

      Sectoral Action<\/h2>\n\n\n\n
      Sector\/Index<\/strong><\/th>Direction (approx.)<\/strong><\/th>Key Drivers<\/strong><\/th><\/tr><\/thead>
      IT<\/strong><\/td>up<\/td>Recovery after global tech rout, stock-specific buying in large caps.<\/td><\/tr>
      Metals<\/strong><\/td>mixed to down<\/td>Pressure from firm dollar and weaker metal prices.<\/td><\/tr>
      Autos<\/strong><\/td>up<\/td>Positive brokerage commentary on select names.<\/td><\/tr>
      Banking (Bank Nifty)<\/strong><\/td>flat to mildly up<\/td>Index near lower end of 57,000\u201358,000 range.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

      Note: figures are approximate; final exchange data not available at time of publication.<\/p>\n\n\n\n

        \n
      • IT stocks traded higher in early deals, with Tech Mahindra<\/strong> up over 2%<\/strong> and Infosys<\/strong> gaining more than 1%<\/strong>.<\/li>\n\n\n\n
      • Metals remained in focus after sharp selling on Tuesday amid weaker prices and macro concerns.<\/li>\n\n\n\n
      • Oil\u2019s decline is seen as supportive for rate-sensitive sectors and bonds.<\/li>\n<\/ul>\n\n\n\n

        Key Movers<\/h2>\n\n\n\n

        Top Stocks In Focus<\/h3>\n\n\n\n
        Stock<\/strong><\/th>Sector<\/strong><\/th>Notable Factor<\/strong><\/th><\/tr><\/thead>
        Vedanta<\/strong><\/td>Metals & mining<\/td>Promoter Twin Star Holdings sold 6.51 crore<\/strong> shares via block deal.<\/td><\/tr>
        IRFC<\/strong><\/td>Financials (PSU NBFC)<\/td>Government OFS for 1%<\/strong> stake opens, with 1% greenshoe option.<\/td><\/tr>
        Yes Bank<\/strong><\/td>Banking<\/td>Board to meet on 29 June to evaluate equity and debt fundraising.<\/td><\/tr>
        IRCTC<\/strong><\/td>Travel & tourism<\/td>CMD Sanjay Kumar Jain resigned, effective 20 July 2026.<\/td><\/tr>
        Infosys<\/strong><\/td>IT services<\/td>Expanded multi-year collaboration with GlobalFoundries for AI-driven managed services.<\/td><\/tr>
        NLC India<\/strong><\/td>Power & renewables<\/td>Signed MoU with IOCL for renewable energy JV in Tamil Nadu.<\/td><\/tr>
        Honasa Consumer<\/strong><\/td>Consumer \/ FMCG<\/td>To acquire 58%<\/strong> of Fluence Pharma at \u20b9135 crore<\/strong> enterprise value.<\/td><\/tr>
        Satin Creditcare<\/strong><\/td>NBFC<\/td>Board approved raising up to \u20b95,000 crore<\/strong> via NCDs.<\/td><\/tr>
        City Union Bank<\/strong><\/td>Banking<\/td>AGM on 14 August to seek approval to raise up to \u20b95,500 crore<\/strong> via QIP.<\/td><\/tr>
        Craftsman Automation<\/strong><\/td>Auto ancillaries<\/td>Promoter sold 5.3 lakh<\/strong> shares (2.01% stake) via block deal worth \u20b9486 crore<\/strong>.<\/td><\/tr>
        Tata Motors CV<\/strong><\/td>Autos<\/td>Commercial vehicle shares rose over 2%<\/strong> on positive brokerage notes.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
          \n
        • IRFC<\/strong> shares are in focus as the OFS opens for non-retail investors at a floor price of \u20b991<\/strong>.<\/li>\n\n\n\n
        • Yes Bank<\/strong> fundraising plans could influence sentiment in private banking names.<\/li>\n\n\n\n
        • Honasa Consumer<\/strong> deal extends its portfolio into nutraceuticals via Fluence Pharma.<\/li>\n<\/ul>\n\n\n\n

          Technical Outlook: Nifty, Sensex And Bank Nifty<\/h2>\n\n\n\n
          Statistic<\/strong><\/th>Value\/Change<\/strong><\/th>Context<\/strong><\/th><\/tr><\/thead>
          Nifty 50 close<\/strong><\/td>23,824.10<\/strong><\/td>Formed long bearish candle, indicating downside breakout of recent range.<\/td><\/tr>
          Sensex close<\/strong><\/td>76,200.68<\/strong><\/td>Long bearish candle, lower top on intraday charts.<\/td><\/tr>
          Bank Nifty close<\/strong><\/td>57,183.75<\/strong><\/td>Fell 751.85 pts (1.30%)<\/strong>, sizeable bearish candle.<\/td><\/tr>
          India VIX<\/strong><\/td>13.94<\/strong>, +8.57%<\/td>Volatility spiked after cooling in prior sessions.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
            \n
          • For Sensex<\/strong>, 76,500<\/strong> is seen as pivotal trend level.<\/li>\n\n\n\n
          • Below 76,500<\/strong>, downside levels are 75,500\u201375,300<\/strong>, as per technical views.<\/li>\n\n\n\n
          • On the upside, Sensex resistance is around 76,700\u201377,000<\/strong>.<\/li>\n\n\n\n
          • Nifty 50<\/strong> immediate resistance is around 24,000<\/strong>, with support near 23,600\u201323,650<\/strong>.<\/li>\n\n\n\n
          • Options data shows heavy call writing at 23,900\u201324,000<\/strong> and put writing at 23,500\u201323,600<\/strong>.<\/li>\n\n\n\n
          • Bank Nifty<\/strong> support lies near 56,800\u201356,700<\/strong>, with the 20-day EMA around 56,173<\/strong> as next support.<\/li>\n\n\n\n
          • Bank Nifty resistance zones are 57,500\u201357,600<\/strong>, with higher levels near 58,300\u201359,250<\/strong> watched by some analysts.<\/li>\n<\/ul>\n\n\n\n
              \n
            • “Indian equity markets are expected to trade with a cautious undertone as improving sentiment from US\u2013Iran talks is offset by weakness in global technology stocks and concerns over a more hawkish US Federal Reserve” said Ponmudi R, CEO, Enrich Money.<\/li>\n<\/ul>\n\n\n\n

              Macro And Flows Context<\/h2>\n\n\n\n
                \n
              • Continued Foreign Institutional Investor outflows are weighing on risk appetite.<\/li>\n\n\n\n
              • Lower crude prices support the bond market, with benchmark 2036 yield seen in the 6.81\u20136.85%<\/strong> band.<\/li>\n\n\n\n
              • The rupee opened around 94.90<\/strong> per US dollar versus 94.74<\/strong> in the previous session.<\/li>\n\n\n\n
              • The US dollar\u2019s strength and uncertainty over the US\u2013Iran peace framework keep global risk sentiment fragile.<\/li>\n<\/ul>\n\n\n\n

                Frequently Asked Questions<\/h2>\n\n\n\n

                Why did Nifty and Sensex open higher on 24 June 2026?<\/h3>\n\n\n\n

                – Nifty and Sensex opened mildly higher as GIFT Nifty signalled a positive bias, oil prices fell, and some buying emerged after Tuesday\u2019s 1.16% decline in both indices, despite weak global technology cues.<\/p>\n\n\n\n

                Which sectors are driving the market in early trade?<\/h3>\n\n\n\n

                – IT and auto stocks are providing early support, with Tech Mahindra, Infosys and Tata Motors CV gaining, while metals remain under pressure due to a firm US dollar and softer metal prices.<\/p>\n\n\n\n

                What are the key technical levels for Nifty today?<\/h3>\n\n\n\n

                – Immediate resistance is around 24,000, with support near 23,600\u201323,650. Options positioning shows resistance at 23,900\u201324,000 and support around 23,500\u201323,600, indicating a likely trading range around these levels.<\/p>\n","protected":false},"excerpt":{"rendered":"

                Indian equities opened marginally higher on Wednesday, 24 June, with Nifty 50 reclaiming levels above 23,850 and Sensex rising over 200 points, after both indices fell about 1.16% in the previous session amid a global technology selloff. Market Overview Index 24 Jun 2026 Open\/early trade Move & % Change Comments Sensex approx. 76,300\u201376,450 +100 to […]<\/p>\n","protected":false},"author":15,"featured_media":15329,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_ayudawp_aiss_exclude":false,"_ayudawp_aiss_summary":"Indian equities opened marginally higher on Wednesday, 24 June, with Nifty 50 reclaiming levels above 23,850 and Sensex rising over 200 points, after both indices fell about 1.16% in the previous session amid a global technology selloff. Technical Outlook: Nifty, Sensex And Bank Nifty. Why did Nifty and Sensex open higher on 24 June 2026?. - Nifty and Sensex opened mildly higher as GIFT Nifty signalled a positive bias, oil prices fell, and some buying emerged after Tuesday\u2019s 1.16% decline in both indices, despite weak global technology cues.","_ayudawp_aiss_summary_provider":"extractive","_ayudawp_aiss_summary_hash":"8c21587a60da526e0a093226868dc8aaa25c96cf","footnotes":""},"categories":[512],"tags":[],"class_list":["post-15328","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-updates"],"blocksy_meta":[],"uagb_featured_image_src":{"full":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/nifty-sensex-open-24-june-2026-06-24-banner.png",1200,640,false],"thumbnail":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/nifty-sensex-open-24-june-2026-06-24-banner-150x150.png",150,150,true],"medium":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/nifty-sensex-open-24-june-2026-06-24-banner-300x160.png",300,160,true],"medium_large":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/nifty-sensex-open-24-june-2026-06-24-banner-768x410.png",768,410,true],"large":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/nifty-sensex-open-24-june-2026-06-24-banner-1024x546.png",1024,546,true],"1536x1536":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/nifty-sensex-open-24-june-2026-06-24-banner.png",1200,640,false],"2048x2048":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/nifty-sensex-open-24-june-2026-06-24-banner.png",1200,640,false],"web-stories-poster-portrait":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/nifty-sensex-open-24-june-2026-06-24-banner-640x640.png",640,640,true],"web-stories-publisher-logo":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/nifty-sensex-open-24-june-2026-06-24-banner-96x96.png",96,96,true],"web-stories-thumbnail":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/nifty-sensex-open-24-june-2026-06-24-banner-150x80.png",150,80,true]},"uagb_author_info":{"display_name":"Team Lemonn","author_link":"https:\/\/lemonn.co.in\/blog\/author\/yudh\/"},"uagb_comment_info":0,"uagb_excerpt":"Indian equities opened marginally higher on Wednesday, 24 June, with Nifty 50 reclaiming levels above 23,850 and Sensex rising over 200 points, after both indices fell about 1.16% in the previous session amid a global technology selloff. Market Overview Index 24 Jun 2026 Open\/early trade Move & % Change Comments Sensex approx. 76,300\u201376,450 +100 to…","_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/15328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/comments?post=15328"}],"version-history":[{"count":1,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/15328\/revisions"}],"predecessor-version":[{"id":15330,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/15328\/revisions\/15330"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media\/15329"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=15328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/categories?post=15328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/tags?post=15328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}