Market Recap – 23 June 2026 | The News Strike
Several Nifty Next 50 stocks ended lower today. VEDL recorded the steepest decline at -7.59%, followed by notable drops in metals, financials, and energy-related names. Trading volumes were elevated in several counters.
Major Decliners
VEDL fell sharply by 7.59% to close at 282.65. HINDZINC declined 3.28% to 554.4. Banking and financial stocks including MUTHOOTFIN (-2.54%), PNB (-1.66%), and CANBK (-1.62%) also closed in the red.
Power and infrastructure names saw moderate pressure with ADANIPOWER (-1.24%), ADANIGREEN (-1.41%), and IRFC (-1.34%). PSU banks and lending institutions featured prominently among the day's losers.
Market Movers Today
| Stock | LTP | % Change | Remark |
|---|---|---|---|
| VEDL | 282.65 | -7.59 | Largest decline |
| HINDZINC | 554.4 | -3.28 | Significant drop |
| MUTHOOTFIN | 3134.4 | -2.54 | Major loser |
| LTM | 3756.9 | -1.91 | Notable decline |
| GAIL | 174.03 | -1.84 | In red |
| JINDALSTEL | 1113 | -1.68 | Down over 1.5% |
| PNB | 107.98 | -1.66 | Banking sector |
| CANBK | 132.64 | -1.62 | Banking sector |
| ADANIGREEN | 1528.1 | -1.41 | Infrastructure |
| IRFC | 99.55 | -1.34 | Railway stock |
| ADANIPOWER | 230.87 | -1.24 | Power sector |
| BANKBARODA | 282.6 | -1.21 | Banking sector |
| MOTHERSON | 144.16 | -1.16 | Auto ancillary |
| RECLTD | 365.6 | -1.15 | Lending institution |
| ADANIENSOL | 1522.1 | -1.12 | Energy |
| UNIONBANK | 174.67 | -1.1 | Banking sector |
| PFC | 436.85 | -0.93 | Lending institution |
| AMBUJACEM | 424.1 | -0.91 | Cement |
| GODREJCP | 1011.4 | -0.79 | FMCG |
| TMCV | 405.15 | -0.78 | Decliner |
Stocks in Focus Tomorrow:
- VEDL — Declined 7.59% to LTP 282.65 with high volume of over 138 million shares. Monitor for developments.
- HINDZINC — Fell 3.28% to close at 554.4. Watch trading activity.
- MUTHOOTFIN — Closed down 2.54% at 3134.4.
- LTM — Recorded 1.91% decline to 3756.9.
- GAIL — Ended 1.84% lower at 174.03.
- PNB — Down 1.66% to 107.98 amid banking sector moves.
- CANBK — Declined 1.62% to 132.64.
- ADANIGREEN — Closed 1.41% lower at 1528.1.
- IRFC — Fell 1.34% to 99.55.
- ADANIPOWER — Declined 1.24% to 230.87.
This recap is purely informational and data-driven. It does not constitute investment advice under SEBI regulations. Consult a SEBI-registered Research Analyst before making any financial decisions.
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