Stock Market News Today Hihglights: Hello and welcome to NDTV Profit’s live coverage of stock market news today, with the top market directions in India, Asia Pacific and the West. From pre-market signals to the most buzzing stocks in trade, we bring you all top developments from D-Street to keep you updated throughout the day. After the tech selloff in US markets and fresh US-Israel-Iran geopolitical tensions, domestic benchmark indices Sensex and Nifty 50 swung to losses on Monday.
Domestic equity benchmarks Sensex and Nifty 50 slipped in trade, pausing after their longest weekly winning streak of 2026, as concerns over a weak monsoon blunted relief from easing Middle East tensions and lower crude prices. The retreat also reflected fatigue after a three-week rally, with analysts saying softer oil and rupee-support measures were largely priced in.
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“Profit booking persisted near key psychological levels as investors remained cautious about the sustainability of the interim US-Iran peace agreement. The market currently lacks clear near-term direction, with expectations for the Q1FY27 earnings season remaining subdued amid supply constraints, persistent inflationary pressures, and a weak monsoon outlook, all of which are likely to weigh on margins,” said Vinod Nair, Head of Research, Geojit Investments Ltd.
Nifty 50 snapped its two-day winning streak to settle 78 points lower or 0.32% at 23,977, while the BSE Sensex settled 312 points or 0.40% lower at 76,788.27. Persistent Systems share price tumbled over 11% to its lowest level since April 2024 on the Nagarro deal. Analysts highlighted that overall, selling was broad-based; however, defensive sectors such as pharma and healthcare outperformed, supported by their inelastic demand profile and earnings visibility.
”Investors remain cautious ahead of the upcoming US nonfarm payrolls data, which could influence the US Fed’s policy trajectory and either reinforce or temper prevailing expectations of further rate hikes. A moderation in FII outflows in the domestic market, coupled with a normalisation of the global AI-driven market exuberance, could act as incremental triggers for improved market sentiment going forward,” said Vinod Nair of Geojit.
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Analysts believe that there are two more factors that can continue to support the market. One, relentless FII selling which has been weighing on markets has abated. During the last nine trading days, FIIs were buyers in the cash market, though by small amounts. Two, the South Korean and Taiwanese markets, which have been attracting massive investments have turned weak and excessively volatile. Last week India outperformed both South Korea and Taiwan.
Stay tuned to NDTV Profit for all back-to-back live updates of the Indian stock market, trending stock calls, global indices and company announcements on Monday, June 29, 2026.
