Pre-Market Brief: Nifty 50 Closes Above 24,000; Auto and Healthcare Lead Gains | 29 Jun 2026, 08:00 AM IST
By Sivam
Nifty 50 concludes Friday’s session at 24056.00, marking a +0.14% gain. Strong DII inflows continue to support the market. Investors eye sector-specific movements at the 9:15 AM open.
The Nifty 50 concluded Friday’s trading session at 24056.00, posting a modest gain of +0.14%, or +34 points. Market breadth remained finely balanced, with 26 advances against 24 declines within the index, indicating a selective buying interest rather than a broad-based rally as the market approaches the new week. Meanwhile, the Nifty Bank also closed marginally higher at 58177.05, up +0.05%, while the NIFTY Midcap 100 experienced a decline of −0.55%, suggesting some profit booking in the broader market.
| Index | Close | Change% |
|---|---|---|
| Nifty Bank | 58177.05 | +0.05% |
| NIFTY Midcap 100 | 61795.50 | −0.55% |
| Nifty 50 | 24056.00 | +0.14% |
FII and DII Flows
Domestic Institutional Investors (DIIs) continued their robust buying streak on Friday, recording net inflows of +5747.75 crore. This marks a consistent pattern of DII support over the past five trading sessions, with significant cumulative net buying observed. Foreign Institutional Investors (FIIs) also turned net buyers on Friday, registering inflows of +383.76 crore. This reversal from earlier selling trends in the week suggests a cautious return of foreign capital, though the overall FII activity in recent sessions has shown mixed flows, with three out of the last five sessions recording net outflows.
Sector Watch
The market saw distinct sector-specific movements on Friday. The Auto and Healthcare sectors emerged as top performers. The Auto sector’s strength was evident with significant gains in stocks like Mahindra & Mahindra Ltd. (+3.84%) and Maruti Suzuki India Ltd. (+3.75%). Interglobe Aviation Ltd. (INDIGO) led the Nifty 50 gainers with a notable +4.66% surge, while Max Healthcare Institute Ltd. (MAXHEALTH) posted a +3.85% gain, underscoring positive sentiment in the healthcare space. Tata Consumer Products Ltd. also contributed to the positive momentum, rising +3.02%. Conversely, sectors such as Oil & Gas and Power experienced declines. Oil & Natural Gas Corporation Ltd. (ONGC) was down −2.88%, and Power Grid Corporation Of India Ltd. (POWERGRID) fell −2.41%, indicating profit booking in these segments. Hindalco Industries Ltd. (−2.40%) and Tech Mahindra Ltd. (−1.68%) were also among the top losers.
What to Watch at 9:15
As the market opens on Monday, investors will be closely monitoring the continuation of DII support, which has been a primary driver of liquidity. Any sustained FII buying, following Friday’s positive flow, could further bolster market sentiment. The divergence between the Nifty 50’s positive close and the NIFTY Midcap 100’s decline suggests that sector-specific movements and stock-specific actions will likely dominate early trading. Traders should watch for sustained momentum in Auto and Healthcare, and potential further consolidation in sectors that saw declines. The market opens with a focus on sustained DII buying and sector-specific rotation.