Stock Market Today, June 24: Nifty, Sensex Trade Lower in Early Deals as Volatility Rises

Catch the latest Sensex Nifty updates as the markets swing with changing global trends, domestic cues, and sector performances. Follow how India’s benchmark indices are shaping the trading day.

Stock Market Outlook for June 24

• Weak Start, Recovery Attempts Under Watch: With markets already open after a sharp 1.16% decline in the previous session, investors are likely to remain cautious. Early trade may be influenced by bargain hunting, though sustained upside could depend on broader market participation.

• Global Cues Remain Mixed: Asian markets are largely weak, led by a 1.63% decline in Japan's Nikkei, while European and U.S. markets saw pressure overnight. However, lower crude oil prices could provide some relief for sentiment and support sectors sensitive to input costs.

• Flows and Volatility in Focus: Institutional flows remain supportive, with DIIs extending their buying streak and FIIs turning marginal net buyers in the latest session. Meanwhile, India VIX remains elevated near 14, suggesting traders should brace for continued intraday volatility and stock-specific action.

Indian Stock Market Recap: June 23

Indian stock markets witnessed a sharp decline in the previous session, with broad-based selling dragging benchmark indices lower. The Nifty 50 fell 1.16% to close at 23,824.10, while the Sensex dropped 1.16% to settle at 76,200.68.

Indian Market Cues

U.S. Markets Live Today

Asian Markets

Crude Oil Prices

Bond Yields

India VIX

FII/DII Trading Activity

*As of 09:58 IST

This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.

Stocks to Watch Today

Here are the top stocks to watch today following their latest earnings and key business updates.

Indian Railway Finance Corporation (IRFC)

The Government of India will divest up to a 3% stake in Indian Railway Finance Corporation through an offer-for-sale (OFS) scheduled for 24–25 June. The sale includes a base offer of 2% equity and a greenshoe option for an additional 1%. The floor price has been set at ₹91 per share.

Honasa Consumer

Honasa Consumer has acquired a 58% controlling stake in Fluence Pharma, a science-led nutraceuticals company. The acquisition marks Honasa’s entry into the rapidly expanding nutraceuticals segment, broadening its portfolio beyond beauty and personal care products. The move is expected to strengthen the company’s presence in preventive health and wellness solutions.

Vedanta

Twin Star Holdings, a promoter group entity of Vedanta Ltd, sold 6.51 crore shares through a block deal on 24 June, raising nearly ₹1,896 crore. The transaction represents a partial stake sale by the promoter group and comes amid ongoing efforts to optimise capital allocation and strengthen the group’s financial position.

Infosys

Infosys has expanded its long-term partnership with semiconductor manufacturer GlobalFoundries to provide AI-powered managed services across the company’s enterprise IT operations. The enhanced collaboration aims to improve operational efficiency, accelerate digital transformation initiatives and support GlobalFoundries’ technology infrastructure through advanced automation and artificial intelligence capabilities.

NLC India

NLC India has signed a memorandum of understanding with Indian Oil Corporation to establish a joint venture focused on developing large-scale renewable energy projects in Tamil Nadu. The partnership seeks to accelerate clean energy deployment, support India’s sustainability goals and strengthen both companies’ presence in the renewable energy sector.

Yes Bank

Yes Bank has announced that its board will meet on 29 June to consider various fundraising proposals. These include raising capital through the issuance of equity shares, debt securities and other financial instruments. The planned fundraising is aimed at supporting future growth initiatives and further strengthening the bank’s capital base.

This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.