Indian benchmark indices traded in positive territory during early market hours on June 24, supported by buying in information technology, pharmaceutical and banking stocks. The Nifty 50 hovered above the 23,800 mark, while the Sensex also remained in the green.
Sector Gainers:
- Nifty Pharma +171.45
- Nifty IT +206.40
- Nifty FMCG +78.50
- Nifty Bank +84.85
- Nifty Realty +2.55
Sector Losers:
- Nifty Auto -43.85
- Nifty Metal -32.65
- Nifty Energy -15.10
- BSE Capital Goods Index -39.15
- Nifty Oil & Gas -0.85
Sectoral trends indicated a mixed market. Nifty IT emerged among the top gainers, rising over 200 points, followed by Nifty Pharma and Nifty Bank. FMCG and Realty stocks also recorded modest gains, reflecting selective buying across defensive and large-cap segments.
On the downside, auto and metal stocks faced selling pressure. Nifty Auto and Nifty Metal were among the weakest sectoral performers, while Nifty Energy, Oil & Gas and the BSE Capital Goods Index also traded lower.
Market breadth remained balanced as investors tracked global cues, currency movements and commodity prices. The dollar-rupee pair traded near 94.86, while traders continued to monitor developments in crude oil markets and overseas equities for further direction.
