Opening Bell: Nifty 50 Opens Marginally Up at 24015.55; FII Selling Continues | 02 Jul 2026, 09:25 AM IST
By ThePip Desk
The Nifty 50 opens Thursday’s session marginally higher at 24015.55, up 10 points. Early trade indicates a cautious start as FIIs extended their selling streak for a second consecutive session.
The Nifty 50 opens Thursday’s session marginally higher, registering 24015.55 in early trade. This marks a modest gain of +0.04%, or +10 points, compared to its previous close of 24005.85.
| Index | Open | Change vs Prev Close |
|---|---|---|
| Nifty 50 | 24015.55 | +0.04% (+10 pts) |
In the initial minutes, market breadth on the Nifty 50 shows no advances or declines, indicating a cautious and flat start to the trading day.
Top Movers in Early Trade
Among the Nifty 50 constituents, JSW Steel Ltd. (JSWSTEEL) leads the gainers, trading at ₹1224.9 with a +0.72% increase. Max Healthcare Institute Ltd. (MAXHEALTH) follows, up +0.16% at ₹1141.7. Bajaj Finserv Ltd. (BAJAJFINSV) is also in positive territory, gaining +0.13% to ₹1799.9. HDFC Life Insurance Company Ltd. (HDFCLIFE) and SBI Life Insurance Company Ltd. (SBILIFE) both show marginal gains of +0.12%, trading at ₹570.65 and ₹1793 respectively.
Conversely, Maruti Suzuki India Ltd. (MARUTI) is among the top losers, down −0.38% at ₹14340. State Bank Of India (SBIN) trades lower by −0.37% at ₹1043.5. Kotak Mahindra Bank Ltd. (KOTAKBANK) has declined −0.36% to ₹399, while Axis Bank Ltd. (AXISBANK) is down −0.35% at ₹1363.9. Shriram Finance Ltd. (SHRIRAMFIN) also sees a dip of −0.30%, trading at ₹1045.
FIIs Extend Selling Streak
Foreign Institutional Investors (FIIs) have maintained their selling pressure, extending their consecutive sell sessions to two. On July 1, FIIs recorded net outflows of −₹1140.5 crore. This follows significant selling on June 30, where FIIs were net sellers to the tune of −₹2556.75 crore. Domestic Institutional Investors (DIIs), however, provided consistent support, with net inflows of +₹3159.24 crore on July 1 and substantial buying of +₹6842.34 crore on June 30, absorbing the FII outflows over the past two sessions.
Investors will be watching for sustained directional moves and broader market participation in the next 30 minutes of trade.