Opening bell: Nifty 50 Rises 0.33%, Sensex Gains 315 Points as Bank Stocks Lead Early Trade
Prajwal DSIJ / 06 Jul 2026 / Categories: Mkt Commentary, Trending
As of 9:18 AM, the Nifty 50 was up 0.33 per cent, gaining 80.25 points to trade at 24,351.10, while the Sensex advanced 0.4 per cent, or 315 points, to 78,078.76. The upward momentum reflected broad-based optimism in financial stocks.
The Indian equity markets opened on a positive note, with benchmark indices Nifty 50 and Sensex trading higher in early hours, supported by strong buying interest in Banking stocks and firm cues from Asian markets.
As of 9:18 AM, the Nifty 50 was up 0.33 per cent, gaining 80.25 points to trade at 24,351.10, while the Sensex advanced 0.4 per cent, or 315 points, to 78,078.76. The upward momentum reflected broad-based optimism in financial stocks.
Among individual movers, Axis Bank, HDFC Bank, and Bharat Electricals emerged as the Top Gainers in the Nifty 50 index, contributing significantly to the early gains in the market.
In the broader markets, sentiment remained mildly positive. The Nifty MidCap index rose 0.2 per cent, while the Nifty SmallCap index gained 0.1 per cent, indicating selective buying across segments.
Sector-wise performance was mixed. The Nifty Bank and Nifty Private Bank indices outperformed, driven by strong demand in financial stocks. However, the Nifty IT and Nifty Media indices witnessed mild selling pressure and were among the top laggards.
Overall, banking strength helped offset weakness in select sectors, keeping market breadth slightly positive in early trade.
Disclaimer: The article is for informational purposes only and not investment advice.