Stock market today: Indian benchmark indices Sensex and Nifty 50 are expected to open with mild gains on Monday, supported by mixed global cues as investors assess ongoing progress in US-Iran peace negotiations, even as rising crude oil prices and higher bond yields keep inflation and interest rate concerns in focus.
The Gift Nifty Live Chart shows a positive start for the Indian stock market today. By 7:40 AM, the Gift Nifty was trading around the 24,147 level, a premium of 91 points from the Nifty futures’ previous close of 24,056.90.
Across Asia, most markets traded higher, while US equity futures remained under pressure amid continued uncertainty over the outcome of the US-Iran discussions.
On Friday, Indian equities snapped a five-session winning streak, weighed down by a sharp sell-off in information technology stocks.
The BSE Sensex dropped 607.08 points, or 0.78%, to end at 76,802.90, while the NSE Nifty 50 declined 154.90 points, or 0.64%, to close at 24,013.10.
Stock To Buy This Week – Dharmesh Shah
Dharmesh Shah of ICICI Securities recommends buying Kotak Mahindra Bank.
Buy Kotak Mahindra Bank in the range of ₹390-400. He has Kotak Mahindra Bank share price target of ₹448 with a stop loss of ₹372.
Disclaimer: The Research Analyst or his relatives or I-Sec do not have actual/beneficial ownership of 1% or more securities of the subject company, at the end of 19/06/2026 or have no other financial interest and do not have any material conflict of interest.
The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.
