Market Highlights: Nifty 50 Trades Below 24,000 as Broader Market Sees Mid-Session Declines | 29 Jun 2026, 02:00 PM IST
Key Highlights
Indian equities are witnessing a mid-session downturn, with the Nifty 50 trading at 23954.40, down 0.42%. Broader indices also show declines, reflecting a cautious sentiment across the market.
Indian equity markets are experiencing a broad-based decline during the afternoon session on Monday, June 29, 2026. The benchmark is trading firmly in negative territory, hovering below the 24,000 mark. This downward momentum is mirrored across other major indices, with the Nifty Bank and NIFTY Midcap 100 also registering significant losses as the trading day progresses.
Major Indices Performance
The key indices are reflecting a cautious mood among investors mid-session:
| Name | Current Price | Change | % Change |
|---|---|---|---|
| Nifty 50 | 23954.40 | −102 pts | −0.42% |
| Nifty Bank | 57747.05 | −430 pts | −0.74% |
| NIFTY Midcap 100 | 61437.10 | −358 pts | −0.58% |
Sectoral Overview
Sectoral performance data indicates a widespread negative trend, with several sectors experiencing declines. While specific sector names are not available, the performance percentages highlight the general market sentiment:
One sector is showing a gain of +1.16%. However, the majority are in the red, with declines ranging from −0.45%, −0.56%, −0.83%, −1.22%, −1.53%, to the steepest at −2.23%.
Top Nifty 50 Gainers
Despite the overall market weakness, a few stocks are managing to post gains:
| Company | Current Price | Change | % Change |
|---|---|---|---|
| Max Healthcare Institute Ltd. (MAXHEALTH) | ₹1151.7 | +28.35 pts | +2.52% |
| Dr. Reddy’s Laboratories Ltd. (DRREDDY) | ₹1384.3 | +33.80 pts | +2.50% |
| Cipla Ltd. (CIPLA) | ₹1468.7 | +28.60 pts | +1.99% |
| Trent Ltd. (TRENT) | ₹3269.3 | +53.10 pts | +1.65% |
| Coal India Ltd. (COALINDIA) | ₹442.1 | +6.70 pts | +1.54% |
Top Nifty 50 Losers
Leading the declines are several prominent names, contributing to the broader market’s negative performance:
| Company | Current Price | Change | % Change |
|---|---|---|---|
| Kotak Mahindra Bank Ltd. (KOTAKBANK) | ₹396.75 | −12.25 pts | −3.00% |
| Mahindra & Mahindra Ltd. (M&M) | ₹3093.3 | −88.90 pts | −2.79% |
| Interglobe Aviation Ltd. (INDIGO) | ₹5318.7 | −131.30 pts | −2.41% |
| Eicher Motors Ltd. (EICHERMOT) | ₹7417.5 | −180.50 pts | −2.38% |
| Maruti Suzuki India Ltd. (MARUTI) | ₹13445 | −300.00 pts | −2.18% |
and Activity
Data from the previous trading day, June 25, 2026, shows Foreign Institutional Investors (FIIs) were net buyers, recording a net inflow of +383.76 cr. Domestic Institutional Investors (DIIs) also demonstrated strong buying interest, with a significant net inflow of +5,747.75 cr.
The market is currently exhibiting a bearish sentiment across major indices, with significant declines observed in the broader market.