Stock market afternoon trade: Nifty 50 at 23,870.05 down 0.97%, Sensex at 76,387.91 down 0.92%, Nifty metal at 12,626.55 down 3.55%
The Indian stock market witnessed a downward trend in afternoon trade, with the Nifty 50 slipping to 23,870.05, marking a decline of 0.97% from its opening level. The Sensex also experienced a dip, currently trading at 76,387.91, down 0.92% from its opening. The overall sentiment in the market appears bearish, with significant losses observed in the metal sector.
Index movements
The Nifty 50 opened at 24,071.30 and reached a high of 24,135.50 before declining to a low of 23,862.65. The index has shown a consistent downward trajectory throughout the session. Similarly, the Sensex opened at 77,086.05, peaked at 77,194.83, and hit a low of 76,371.70. The Bank Nifty also followed the trend, opening at 57,886.75 and currently trading at 57,263.40, down 1.16% from its opening.
Sectoral performance
The Nifty Metal index has been the most affected, dropping 3.55% to 12,626.55 from its opening of 12,987.70. The Nifty IT index also saw a significant decline, currently at 26,996.75, down 2.29% from its opening. Other sectors such as Nifty PSU Bank and Nifty Media fell by 1.98% and 1.68%, respectively. On the positive side, the Nifty Pharma index bucked the trend, gaining 0.89% to reach 24,983.70.
Market breadth
The broader market indices also reflected the negative sentiment. The Nifty 100 and Nifty 500 indices are down 1.05% and 1.01%, respectively. The Nifty Midcap 100 and Nifty Midcap 50 indices declined by 1.11% and 1.01%, respectively, indicating widespread selling pressure across the board.
| Index | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Nifty 50 | 24,071.30 | 24,135.50 | 23,862.65 | 23,870.05 | -0.97% |
| Sensex | 77,086.05 | 77,194.83 | 76,371.70 | 76,387.91 | -0.92% |
| India VIX | 12.84 | 14.07 | 12.43 | 14.01 | +9.11% |
| Nifty Metal | 12,987.70 | 12,987.70 | 12,617.75 | 12,626.55 | -3.55% |
| Nifty IT | 27,416.45 | 27,428.50 | 26,979.65 | 26,996.75 | -2.29% |
| Nifty PSU Bank | 8,778.95 | 8,782.20 | 8,586.80 | 8,590.55 | -1.98% |
| Nifty Media | 1,541.40 | 1,550.20 | 1,509.30 | 1,511.20 | -1.68% |
| Nifty Energy | 40,850.05 | 40,879.05 | 40,222.00 | 40,279.45 | -1.21% |
| Bank Nifty | 57,886.75 | 57,970.90 | 57,236.55 | 57,263.40 | -1.16% |
| Nifty Midcap 100 | 62,817.45 | 62,909.55 | 61,986.85 | 62,035.55 | -1.11% |
| Nifty 100 | 25,182.55 | 25,230.45 | 24,934.70 | 24,945.55 | -1.05% |
| Nifty 500 | 23,260.00 | 23,302.25 | 23,013.20 | 23,026.00 | -1.01% |
| Nifty Midcap 50 | 17,818.05 | 17,853.80 | 17,611.90 | 17,621.35 | -1.01% |
| Nifty Pharma | 24,863.90 | 25,294.50 | 24,838.80 | 24,983.70 | +0.89% |
| Nifty Auto | 26,718.65 | 26,732.65 | 26,437.55 | 26,472.00 | -0.87% |
| Nifty Realty | 814.75 | 832.30 | 806.85 | 808.10 | -0.86% |
| Nifty FMCG | 49,269.80 | 49,514.60 | 49,041.50 | 49,048.50 | -0.62% |
Market outlook
As the market continues to exhibit bearish tendencies, investors will be closely monitoring any developments that could influence the indices further. The significant rise in the India VIX, up 9.11% to 14.01, suggests increased volatility, which may impact trading strategies in the coming sessions.
Data as on Jun 23, 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.
Comments are closed.