The SGX Nifty June 2026 futures are presently trading 69.50 points higher, indicating a favourable opening for the benchmark index today.
Institutional Flows:
Foreign portfolio investors divested shares amounting to Rs 4,566.03 crore, whereas domestic institutional investors emerged as net purchasers, acquiring shares valued at Rs 6,159.48 crore in the Indian equity market on 09 June 2026, according to provisional data. The foreign institutional investors have divested shares amounting to Rs 41,236.17 crore up to June 9, 2026. This follows their cash sales of Rs 55,963.33 crore in May, Rs 70,135.46 crore in April, and Rs 122,540.41 crore in March.
Global Markets:
Asian markets experienced a decline on Wednesday following the U.S. initiation of “self-defence strikes” against Iran, a response to the previous day’s incident involving the downing of a helicopter. Tensions in the Middle East escalated once more on Tuesday evening, following the strikes executed by U.S. forces against Iran, which were described as a reaction to the previous day’s downing of a U.S. Army Apache helicopter, according to U.S. Central Command.
President Donald Trump previously alleged that Iran was responsible for the downing of the helicopter, which he claimed was conducting patrols over the Strait of Hormuz. Iran has not explicitly acknowledged its involvement in the downing of the helicopter. However, this latest development poses a risk to the tenuous ceasefire between the U.S. and Iran, and may obstruct advancements toward a peace agreement.
Overnight on Wall Street, the S&P 500 and Nasdaq Composite experienced declines on Tuesday, despite a pullback in oil prices, as the momentum in chip stocks waned following a brief rally. The broad market index declined by 0.26%, concluding at 7,386.65, whereas the Nasdaq Composite decreased by 0.97%, finishing at 25,678.82. The Dow Jones Industrial Average increased by 86.10 points, representing a rise of 0.17%, concluding at 50,872.11.
Domestic Market:
Key equity benchmarks experienced a rebound on Tuesday, buoyed by a decline in crude oil prices, favourable global indicators, and significant gains in the banking sector. Brent crude declined to below $93 per barrel as the easing of tensions between Israel and Iran contributed to a reduction in inflationary concerns and India’s import expenditure.
Global sentiment remained positive, bolstered by a rebound in technology stocks across major markets. Banking shares exhibited superior performance following the RBI’s announcement regarding the operational specifics of its forex swap facilities for FCNR(B) deposits, external commercial borrowings, and overseas foreign currency borrowings. The measures are anticipated to stimulate international fundraising and reduce hedging expenses.
The Nifty concluded the trading session above the 23,200 threshold, propelled by advancements in the banking and financial services sectors. The S&P BSE Sensex advanced 394.50 points or 0.54% to 73,918.76. The Nifty 50 index experienced an increase of 119.10 points, reflecting a rise of 0.52%, bringing the index to a level of 23,242.10. The Nifty experienced a decline of 1.25% over the course of the last two sessions.