Trade Setup for Today: Key Things to Know Before the Opening Bell on June 24, 2026
GIFT Nifty trades 49.50 points higher at 23,860, signaling a cautious positive start despite mixed global signals. US markets closed with NASDAQ down 2.21% while Dow remained flat. Asian markets show mild weakness with Nikkei and Hang Seng down 0.12-0.13%. Commodities under pressure with gold falling 1.38% and crude oil down 0.52%. Rupee stable at 94.73 against dollar. DIIs provided strong support with net buying of ₹680.21 crores versus FII net buying of just ₹17.86 crores. Key corporate actions include Mahindra & Mahindra and Craftsman Automation block deals, multiple bonus issues, and Bajaj Auto buyback at ₹12,000 per share.
*this image is generated using AI for illustrative purposes only.
Global markets are showing mixed signals as traders prepare for another session, with commodity pressures and institutional activity setting the tone for domestic bourses.
GIFT Nifty Update
| Metric | Value |
|---|---|
| SGX Nifty | 23,860.00 |
| Change | +49.50 (+0.21%) |
| Previous Close | 23,810.50 |
| Day Range | 23,785.00 - 24,202.50 |
The GIFT Nifty futures are trading marginally higher, indicating a cautious but positive start for domestic indices.
US Markets
American indices closed with mixed performance overnight:
| Index | Price | Change | Change % |
|---|---|---|---|
| Dow Jones | 51,687.85 | -45.86 | -0.09% |
| NASDAQ | 25,610.01 | -577.59 | -2.21% |
| E-Mini S&P 500 | 7,449.25 | +11.75 | +0.16% |
The NASDAQ faced significant selling pressure while the Dow showed resilience with minimal losses.
Asian Markets
Asian indices are displaying varied performance:
| Index | Price | Change | Change % |
|---|---|---|---|
| Nikkei 225 | 69,701.87 | -86.51 | -0.12% |
| Hang Seng | 23,305.41 | -30.88 | -0.13% |
| FTSE 100 | 10,428.85 | -9.00 | -0.09% |
Most regional markets are trading with slight declines, reflecting cautious sentiment.
Commodity Trends
Key commodities are showing mixed movements:
| Commodity | Price (USD) | Change | Change % |
|---|---|---|---|
| Crude Oil (WTI) | 72.83 | -0.38 | -0.52% |
| Gold Futures | 4,092.30 | -57.10 | -1.38% |
| Silver Futures | 61.51 | -0.57 | -0.91% |
| Natural Gas | 3.19 | +0.01 | +0.22% |
| Copper | 6.12 | -0.03 | -0.50% |
Precious metals are under pressure while energy commodities show mixed trends.
Currency Updates
| Currency Pair | Rate | Change |
|---|---|---|
| USD/INR | 94.73 | Unchanged |
| EUR/USD | 1.1375 | -0.0007 (-0.06%) |
The rupee remains stable against the dollar at current levels.
FII/DII Activity
Latest Trading Data (June 23, 2026)
| Investor Type | Buy (₹ Cr) | Sell (₹ Cr) | Net (₹ Cr) |
|---|---|---|---|
| FII/FPI | 15,396.07 | 15,378.21 | +17.86 |
| DII | 16,863.04 | 16,182.83 | +680.21 |
Domestic institutional investors showed stronger buying interest compared to foreign investors, with DIIs contributing significantly to market support.
Block Deals
Mahindra & Mahindra (M&M)
- Seller: Prazim Trading and Investment Company Private Limited
- Buyer: PI Opportunities AIF V LLP
- Shares: 1,018,336
- Price: ₹3,046.00 per share
Craftsman Automation
- Seller: Srinivasan Ravi
- Buyers: Multiple institutional investors including HDFC Mutual Fund, Invesco Mutual Fund, Abu Dhabi Investment, and others
- Total Shares: 525,000
- Price: ₹9,250.00 per share
Latest Updates for Block Deal Stocks
Mahindra & Mahindra:
- Plans to hold a virtual analyst meet with Nomura on June 29, 2026
- Set July 3, 2026 as record date for ₹33.00 dividend
- 80th AGM scheduled for July 30 via video conferencing
- Stake in Mahindra Summit Agriscience falls to 58.80% after share subscription
Craftsman Automation:
- Promoters confirmed no shares were encumbered in FY26
- Disclosure made to SEBI under Regulation 31(4)
Key Corporate Actions Today
Several companies have important corporate actions scheduled:
Bonus Issues
- Kotyark Industries: 10:1 bonus ratio
- ZF Commercial: 5:1 bonus ratio
Dividends
- Shankara Buildpro: ₹5.00 final dividend
- Wheels: ₹9.14 final dividend
Annual General Meetings
Multiple companies including Adani Enterprises, Apollo Hospitals, HDFC AMC, ICICI Prudential AMC, and Tata Elxsi have AGMs scheduled.
Buyback
- Bajaj Auto: Tender offer at ₹12,000.00 per share
Traders should monitor these corporate actions as they may impact individual stock movements and overall market sentiment during the session.
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