Stock market afternoon trade: Nifty 50 at 23,947.30 down 0.91%, Sensex at 76,606.45 down 1.04%, IT index falls 5.10%
In the afternoon session, the Indian stock market witnessed a decline with both the Nifty 50 and the Sensex trading in the red. The Nifty 50 slipped to 23,947.30, marking a 0.91% decrease from its opening level of 23,991.20. The Sensex also faced a downturn, currently at 76,606.45, down 1.04% from its opening of 76,852.86. The market sentiment was further dampened by significant losses in the IT sector.
Index movements
The Nifty 50 opened at 23,991.20 and reached a high of 24,011.50 before sliding to a low of 23,913.15. The index’s trajectory showed fluctuations throughout the session, with the latest level at 23,947.30. Meanwhile, the Sensex opened at 76,852.86, peaked at 76,858.80, and hit a low of 76,499.22, currently trading at 76,606.45. Bank Nifty also experienced a decline, opening at 57,754.95 and currently at 57,594.35, down 0.64% from its opening.
Sectoral performance
The Nifty IT index suffered the most significant drop among sectoral indices, currently at 27,015.55, down 5.10% from its opening of 27,012.15. Other sectors also faced declines, including Nifty Realty at 811.65, down 1.04%, and Nifty Auto at 26,532.85, down 0.80%. On the positive side, Nifty Pharma managed a gain, currently at 24,388.35, up 0.44% from its opening.
Market breadth
The broader market indices reflected a mixed trend. The Nifty 100 is at 25,026.50, down 0.82% from its opening. The Nifty 500 is nearly flat, with a slight decrease to 23,079.50, down 0.55%. Midcap indices showed resilience, with the Nifty Midcap 50 at 17,684.40, down only 0.18%, and the Nifty Midcap 100 at 62,293.70, down 0.14%.
| Index | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Nifty 50 | 23,991.20 | 24,011.50 | 23,913.15 | 23,947.30 | -0.91% |
| Sensex | 76,852.86 | 76,858.80 | 76,499.22 | 76,606.45 | -1.04% |
| India VIX | 12.67 | 13.64 | 12.07 | 13.45 | +6.16% |
| Nifty IT | 27,012.15 | 27,083.15 | 26,634.50 | 27,015.55 | -5.10% |
| Nifty Realty | 817.00 | 817.00 | 809.45 | 811.65 | -1.04% |
| Nifty 100 | 25,071.45 | 25,100.05 | 24,989.90 | 25,026.50 | -0.82% |
| Nifty Auto | 26,668.00 | 26,692.30 | 26,462.05 | 26,532.85 | -0.80% |
| Nifty PSU Bank | 8,757.15 | 8,759.15 | 8,665.90 | 8,706.20 | -0.74% |
| Nifty FMCG | 49,514.80 | 49,598.05 | 49,253.05 | 49,320.80 | -0.67% |
| Bank Nifty | 57,754.95 | 57,804.90 | 57,464.55 | 57,594.35 | -0.64% |
| Nifty 500 | 23,082.70 | 23,129.45 | 23,030.45 | 23,079.50 | -0.55% |
| Nifty Pharma | 24,276.15 | 24,445.30 | 24,274.40 | 24,388.35 | +0.44% |
| Nifty Media | 1,518.20 | 1,536.20 | 1,509.35 | 1,518.40 | +0.29% |
| Nifty Midcap 50 | 17,618.15 | 17,709.20 | 17,579.55 | 17,684.40 | -0.18% |
| Nifty Midcap 100 | 62,092.20 | 62,394.05 | 61,947.25 | 62,293.70 | -0.14% |
| Nifty Energy | 40,450.95 | 40,612.30 | 40,321.80 | 40,470.35 | +0.03% |
| Nifty Metal | 12,928.50 | 13,022.95 | 12,846.25 | 13,010.75 | +0.00% |
Market outlook
As the session progresses, investors will be closely monitoring the movements in the IT sector, which has shown significant volatility. The broader market trend remains cautious, and market participants will be looking for cues from global markets and domestic economic indicators to assess future directions.
Data as on Jun 19, 2026, 02:00 PM IST.
Disclaimer: This article is generated for informational purposes only and does not constitute financial, investment, or trading advice. The data and analysis presented are based on publicly available market information at the time of writing. Markets are subject to risk. Please consult a qualified financial advisor before making any investment or trading decisions. Business Upturn does not accept responsibility for any losses arising from reliance on this content.
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