GIFT Nifty Opening Update
GIFT Nifty opened today at 24,181.50. It is up 13.00 points (0.05%) from yesterday’s close of 24,099.50— so the trend is positive.
Indian benchmarks concluded the trading session on a positive note on Monday, 22 June, buoyed by a shift in sentiment following reports of advancements in US-Iran peace negotiations and a decline in crude oil prices, which bolstered investors’ willingness to embrace risk. The Sensex advanced 291.17 points, or 0.38%, to end the session at 77,094.07, while the Nifty 50 climbed 89.80 points, or 0.37%, to settle at 24,102.90. However, the market is likely to open flat as trends in the Gift Nifty index signalled a cautious opening on Tuesday, 23 June. Gift Nifty was observed at approximately 24,149, reflecting an increase of over 26 points compared to the prior closing of Nifty futures.
“Indian markets are expected to trade with a cautiously positive bias as diplomatic progress in the U.S.–Iran negotiations continues to support investor sentiment. Comments from the U.S. Vice President that there is a “good foundation” for finalising the proposed agreement have reinforced optimism that talks remain on a constructive path, bolstering hopes of a lasting resolution in the Middle East,” said Ponmudi R.
As the market indicates a favourable opening, certain stocks are expected to attract attention on Tuesday owing to their individual positive or negative catalysts.
Equities to Monitor:
- Tata Consultancy Services announced that its board of directors will convene on July 9 to review and approve the financial results for the quarter ended June 30.
- Vodafone Idea announced that its Capital Raising Committee has sanctioned the preferential allotment of 430 crore warrants to Suryaja Investments Pte. Ltd., an entity affiliated with the Aditya Birla Group and part of the promoter group.
- IIFL Finance has announced that its board is set to convene on June 27 to assess a proposal regarding the raising of funds via an equity share issuance.
- Bharat Electronics has announced the acquisition of new orders amounting to Rs 1,081 crore since its last update on May 25, 2026. These contracts encompass a diverse array of products and services, such as communication systems, radars, CBRN protection equipment, seekers, avionics, upgrades, spare parts, and maintenance services.
- JSW Infrastructure announced on Monday (June 22) that its Finance Committee has approved the launch of its Qualified Institutional Placement (QIP), effective June 22, 2026.
- Hindustan Zinc has entered into a Memorandum of Understanding (MoU) with Advantek Associates LLP and Aero Eagle Automobiles to evaluate the integration of green hydrogen and other clean energy alternatives across its operations.
- GHV Infra Projects has disclosed that it has obtained a work order valued at approximately Rs 213 crore, inclusive of GST, from GHV (India) Private Ltd. The contract encompasses composite works across civil, electrical, mechanical, and signalling and telecommunications segments.
- Info Edge reported that its artificial intelligence startup portfolio has grown to Rs 1,268 crore from investments amounting to Rs 614 crore across 28 companies, yielding a return multiple of 2.1x and an estimated gross internal rate of return (IRR) of 31%.