The SGX Nifty June 2026 futures are currently trading 79.00 points lower, indicating a negative opening for the benchmark index today.
Institutional Flows:
Foreign portfolio investors (FPIs) divested shares amounting to Rs 2,124.98 crore, whereas domestic institutional investors (DIIs) recorded net purchases totalling Rs 3,123.95 crore in the Indian equity market on 10 June 2026, according to provisional data. The FIIs have divested shares amounting to Rs 43,361.15 crore thus far in June (up to 10 June 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 stocks experienced a decline on Thursday, influenced by a selloff on Wall Street following an unexpectedly high U.S. inflation report and escalating tensions between the U.S. and Iran, which have contributed to an increase in oil prices. The United States initiated a new series of strikes against various targets in Iran, as reported by the U.S. military on Wednesday. This development followed President Donald Trump’s assertion of potential further attacks should a peace agreement not be reached. Iran has declared the closure of the Strait of Hormuz as a reaction to recent developments. Brent crude experienced a 2% increase, reaching $94.93 per barrel as trading activities recommenced in Asia.
Overnight on Wall Street, U.S. equities experienced a decline on Wednesday following President Donald Trump’s indication that negotiations with Iran were progressing at an unsatisfactory pace, coupled with his threat of further action. The Dow Jones Industrial Average experienced a decline of 953.33 points, representing a decrease of 1.87%, closing at 49,918.78. The S&P 500 experienced a decline of 1.62%, concluding at 7,266.99, while the Nasdaq Composite fell by 1.98%, finishing at 25,169.50. The major averages experienced a decline following Trump’s commitment to intensify military actions against Iran, stating that “we’re going to be attacking them very hard.” He wrote early Wednesday that Iran has “taken too long to negotiate a deal that would have been great for them, now they will have to pay the price!!!”
Domestic Market:
The benchmark indices retraced a significant portion of their intraday gains on Wednesday, as profit-taking activity surfaced at elevated levels. Sentiment experienced a decline due to ongoing selling by foreign institutional investors, lacklustre global indicators, and a resurgence of geopolitical tensions in West Asia. Metal stocks experienced a downturn, driven by apprehensions regarding a deceleration in global demand. After reaching an intraday peak of 23,425.35 during afternoon trading, the Nifty relinquished a significant portion of its gains and concluded below the 23,250 threshold.
FMCG and private banking stocks offered a degree of support, whereas metal and realty sectors experienced selling pressure. The S&P BSE Sensex increased by 64.42 points, reflecting a rise of 0.09%, reaching a level of 73,983.18. The Nifty 50 index experienced a decline of 27.15 points, reflecting a decrease of 0.12%, closing at 23,214.95.