The Indian equity benchmark indices, the Sensex and Nifty, opened flat on Friday, June 20, 2025, amid mixed global cues, as President Donald Trump stated that he will decide within the next two weeks whether the United States will become involved in the Israel-Iran air war. The 30-share BSE Sensex opened at 81,354.85, with a minor dip of 7.02 points, and the Nifty started the trading session at 24,787.65, declining by just 5.60 points. In the last trading session, the Sensex closed at 81,361.87 and the Nifty 50 at 24,793.25. However, the broader indices started the session in the green, with the BSE Midcap gaining 136.87 points and the BSE Smallcap index adding 210.23 points.
"Though Nifty hung around near previous close, broader market plunged, marking a strong divergence. Only 11% of Nifty 500 stocks closed above their respective 10-day SMAs, suggesting that we may have entered an extreme too soon, raising hopes of a pull back. As maintained yesterday, while dips to 24720-690 unfold, we will be on the watch out for upswings. Slippage past the same would however diminish the upswing hopes. But we do not expect a collapse to 24060 right away, with 24500 region expecting to step in, as maintained yesterday as well," said Anand James, Chief Market Strategist, Geojit Investments Limited.
In early trade, 1,009 stocks in the Nifty pack were trading in the green, while 1,152 were trading in the red. 82 stocks remained unchanged.
What did Gift Nifty indicate?
Gift Nifty, an early indicator for the Nifty 50, indicated a flat start as it opened in the red with a minor loss at 24,780 against the previous close of 24,787.50.
Asian Markets Today
Meanwhile, most Asian shares traded in the red as US stocks traded mixed. At the time of writing the news, Japan's Nikkei 225 dipped 26.38 points and was trading at 38,461.96. However, Hong Kong's Hang Seng added 266.85 points or 1.14 per cent. Similarly, South Korea's Kospi traded in the green with a gain of 31.78 points. China's Shanghai Composite was up by 2.72 points or 0.64 per cent.
How did individual sectors perform?
All Nifty sectoral indices traded in the green today. While Nifty IT gained 0.41 per cent, Nifty Pharma was down by 0.24 per cent in the opening trade. The Nifty Metal jumped 0.50 per cent in the early trade.