The Indian stock market benchmark indices, Sensex and Nifty 50, opened flat on Tuesday, June 23, 2026, reflecting mixed signals from global markets and cautious sentiment around the US-Iran peace deal, according to livemint.com. The Nifty 50 index was trading near the 24,130 level on the Gift Nifty, showing a slight premium of about six points from the previous close of Nifty futures.
Market trends indicated indecision as the Nifty 50 formed a doji candle just below its 100-day simple moving average (SMA), signaling uncertainty among investors. The muted start was influenced by global market cues and geopolitical developments, particularly the ongoing cautiousness regarding the US-Iran peace negotiations, which have added to the market's hesitancy, livemint.com reported.
The flat opening of the Nifty 50 and Sensex comes amid a backdrop of mixed sectoral performances, with IT stocks dragging the indices lower while crude oil prices remaining below $80 per barrel provided some support, according to thehindubusinessline.com. This combination of factors has contributed to a cautious mood among investors, reflecting the complex interplay of domestic and international influences on the Indian equity markets.
At the open, the Sensex stood at 77,022.80 points, down 71.27 points, while the Nifty 50 index was at 24,087.00 points, down 15.90 points, as reported by thehindubusinessline.com. Crude oil prices were recorded at $7,002.00, up 19.00 points, underscoring the mixed market sentiment on this trading day.