SGX Nifty News

The SGX Nifty June 2026 futures are presently trading 45.50 points lower, indicating a slightly positive opening for the benchmark index today.

Institutional Flows:

On 11 June 2026, provisional data indicated that foreign portfolio investors (FPIs) divested shares amounting to Rs 1,987.09 crore, whereas domestic institutional investors (DIIs) emerged as net buyers, acquiring shares valued at Rs 4,224.51 crore in the Indian equity market. The foreign institutional investors have divested shares amounting to Rs 45,348.24 crore thus far in June (up to 11 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 markets experienced gains on Friday following President Donald Trump’s indication that a peace agreement between the U.S. and Iran may be imminent. Trump on Thursday informed reporters in the Oval Office that an agreement between the U.S. and Iran is expected to be signed soon, with the documents nearing finalisation. It is imperative that this task is completed promptly. The president added that under the deal, “Iran will never have a nuclear weapon.” Equities experienced an uptick earlier in the day following Trump’s announcement on Truth Social, indicating that he had cancelled the strikes on Iran that were initially scheduled for Thursday evening.

Now all eyes will be watching SpaceX, Elon Musk’s rocket maker, as it debuts on the Nasdaq. SpaceX has set a fixed price of $135 per share, which would put its valuation at $1.77 trillion. The company intends to offer 555.6 million shares, which would result in a $75 billion capital raise, marking the largest initial public offering ever recorded. It exceeds Alibaba’s $22 billion offering in 2014 by more than threefold, which remains the largest U.S. IPO to date.

Overnight on Wall Street, U.S. equities experienced an uptick on Thursday, driven by a recovery in semiconductor stocks, following President Donald Trump’s decision to cancel the planned strikes on Iran for that evening and his announcement that the U.S. is poised to sign a deal with the nation soon. The S&P 500 experienced an increase of 1.75%, concluding at 7,394.30, whereas the Nasdaq Composite rose by 2.54%, finishing at 25,809.66. The Dow Jones Industrial Average increased by 929.97 points, representing a rise of 1.86%, concluding at 50,848.75.

Domestic Market:

The benchmark indices reversed their initial gains and concluded the trading session in negative territory on Thursday. This shift in sentiment among investors can be attributed to rising tensions between the US and Iran, ongoing selling pressure from foreign institutional investors (FIIs), and inflation data from the US that exceeded expectations. Trading exhibited significant volatility as a result of the weekly expiration of futures and options contracts associated with the Sensex.

After reaching an intraday peak of 23,327.45, the Nifty relinquished its gains and concluded below the 23,200 threshold. Stocks in the IT, chemicals, and consumer durables sectors experienced a downturn, whereas shares in the pharmaceutical and private banking sectors offered some degree of support to the market. The S&P BSE Sensex experienced a decrease of 150.63 points, reflecting a decline of 0.20%, closing at 73,832.55. The Nifty 50 index experienced a decline of 53.35 points, representing a decrease of 0.23%, closing at 23,161.60.