📊 Market Summary
The Indian stock market showed a bullish bias on 24 June 2026, with NIFTY crossing the 24,000 mark. Among the ~200 actively traded F&O stocks, 113 advanced while 70 declined, reflecting broad participation. The average price change was a positive 0.30%, supported by strong buying momentum in key sectors.
🏆 Top Gainers & Losers
Top Gainers
- OFSS jumped 6.28%, boosted by a strong start and aggressive buying throughout the day, with volume nearly tripling its average.
- EXIDEIND rose 5.34%, supported by a robust opening and sustained demand, seeing volume surge over 4.5 times.
- CHOLAFIN gained 4.93%, benefiting from steady buying in the banking and finance space.
- INDIGO climbed 4.71%, with strong interest in the diversified sector.
- SHREECEM added 4.64%, reflecting strength in the cement sector.
Top Losers
- GVT&D fell 7.45%, weighed down by selling pressure in infrastructure.
- IRFC dropped 6.55%, despite heavy volume, indicating strong supply.
- POWERINDIA declined 6.42%, dragged by sector weakness.
- INDIAVIX slipped 6.32%, reflecting volatility concerns.
- CGPOWER lost 3.44%, continuing the downtrend in infrastructure stocks.
🏭 Sector Scorecard
| Sector | Average % Change | Number of Stocks |
|---|---|---|
| Realty | +2.41% | 6 |
| Cement | +2.31% | 5 |
| Information Technology | +1.50% | 12 |
| Diversified | +0.55% | 35 |
| Banking & Finance | +0.54% | 56 |
| Energy & Oil | +0.50% | 17 |
| FMCG | +0.14% | 14 |
| Chemicals | +0.02% | 5 |
| Pharmaceuticals | +0.01% | 16 |
| Metals & Mining | +0.01% | 10 |
| Automobile | -0.36% | 16 |
| Telecom | -0.79% | 3 |
| Infrastructure | -1.18% | 26 |
💰 FII/DII Activity
As of 23 June 2026, Foreign Institutional Investors (FIIs) remained net buyers in the futures and options segment, with a net long position of approximately 366,000 contracts. Domestic Institutional Investors (DIIs), however, were net sellers with a net short position near 4 million contracts. This suggests continued confidence from FIIs despite some selling pressure from DIIs.
📰 News That Moved Markets
- Sensex jumped 791 points and Nifty topped 24,000, driven by positive market sentiment and strong sectoral performances.
- Info Edge (India) Ltd saw a sharp surge in open interest, indicating increased trader interest amid mixed market signals.
- Asia stocks showed mixed trends with South Korea rebounding but Indonesia falling on MSCI warnings, adding some caution to global cues.
- New investor registrations declined in May, marking the slowest drop in a year, hinting at cautious retail participation.
📈 Volume & Smart Money Signals
Volume surged above average in 32 stocks, signaling strong participation. Notably, OFSS and EXIDEIND recorded volume more than 2.5 times their average, confirming robust demand. High delivery percentages in stocks like GRASIM (73.5%) and NESTLEIND (70.2%) suggest smart money accumulation. Overall, the volume profile supports the bullish market bias.
🔮 Under the Hood: Market Structure
Today’s market structure showed a mix of normal varied upward days (73 stocks) and normal varied downward days (42 stocks), with a bullish tilt. The opening was mostly within the previous day’s fair value zone (119 stocks), indicating a balanced start. There were 22 instances where price broke out of the first hour's range upwards (open drive up), matched closely by 23 downward breakouts, reflecting initial indecision.
The most-traded price levels (Point of Control) generally shifted higher, with the fair value zone expanding in many stocks, supporting the bullish trend. Buying tails (aggressive buying at the day’s lows) appeared in 36 stocks, while selling tails (heavy selling at highs) were seen in 58, suggesting some profit-taking near resistance. Rapid price movements with no trading activity left behind (single prints) were more frequent on the upside (21) than downside (8), reinforcing upward momentum.
Overall, the market showed a healthy structure with room for further upside, supported by strong participation and expanding value areas.
⚡ F&O Highlights
Only one stock, 1KAYNES, was in the F&O ban list today, indicating limited restrictions. The market is approaching the next weekly and monthly expiry on 30 June 2026, which may bring increased volatility and options activity.
🎯 Stocks to Watch Tomorrow
- OFSS – Strong volume and buying tail suggest continuation of upward momentum.
- EXIDEIND – High volume breakout with sustained demand could drive further gains.
- CHOLAFIN – Banking & finance sector strength may support this stock.
- GRASIM – High delivery percentage indicates smart money interest.
- IRFC – Watch for possible rebound after heavy selling and high volume.
📐 Key Levels for Tomorrow
- NIFTY Support: 23,850
- NIFTY Resistance: 24,150
- Bank NIFTY Support: 42,000
- Bank NIFTY Resistance: 42,600
- Fair Value Zone: Expect price to oscillate between 23,900 and 24,100