Indian benchmark indices ended the trading session with mixed performance on June 10. According to market reports, Nifty 50 fell 27.15 points (-0.12%) to close at 23,214.95, after hitting an intraday high of 23,425.35. The Sensex ended 64.42 points (+0.09%) at 73,983.18, though it was down over 600 points from its day's high of 74,613.01. The indices gave up gains throughout the session despite reaching significant intraday levels. Bank Nifty settled at 55,100.30, down 94.20 points (-0.17%), reflecting broader weakness in financial sector stocks. Earlier in the session, the NSE Nifty 50 closed 119 points or 0.52% higher at 23,242, while the BSE Sensex surged 395 points or 0.54% to close at 73,918. The late-session reversal from these higher levels contributed to the final mixed performance. The Nifty Midcap 100 index declined 1.49% and Nifty Smallcap 100 index fell 1.33%, indicating more pressure in broader market segments.
Market sentiment remained subdued due to renewed Middle East tensions, a rebound in crude oil prices above $91 per barrel, and investor caution ahead of key US inflation data. FMCG emerged as the top-performing sector with a 1.05% gain, as easing crude oil prices improved the outlook for input costs, packaging expenses, and overall profitability. Investors preferred defensive consumption stocks such as Hindustan Unilever and Nestlé amid broader market uncertainty. Media witnessed the sharpest decline at -2.36% due to broad market risk aversion and profit booking. Energy (-2.02%) and Oil & Gas (-1.48%) came under pressure as crude oil prices retreated from recent highs, negatively impacting earnings expectations for upstream energy companies. Realty (-1.74%), Metal (-1.70%), and Defence (-1.54%) also declined due to weaker commodity sentiment and concerns over industrial growth. Among individual stocks, Waste Management sector stocks surged the most at 4.27% in market capitalisation, followed by Transport and Packaging sectors, while Oil & Gas Exploration stocks fell the most, declining over 1.82%.
Among the top gainers on the Sensex 30 pack, Kotak Mahindra Bank advanced 2.36%, Hindustan Unilever gained 2.07%, ICICI Bank climbed 2.01%, and Axis Bank rose 1.81%. On the losing side, Mahindra & Mahindra declined 0.34%, UltraTech Cement fell 0.69%, Tata Steel slipped 0.71%, and Eternal dropped 0.73%. The Garware Group's market cap rose the most at 5.9% in Tuesday's session, followed by the Patodia Group, while Essar Group's market capitalisation dropped the most, declining 3%. In the list of Essar Group stocks, Yunik Managing Advisors' share pulled back 8%. Top gainers on the Nifty 50 included Nestle India Ltd., Hindalco Industries Ltd., Hindustan Unilever Ltd., Coal India Ltd., Axis Bank Ltd., Oil & Natural Gas Corporation Ltd., Kotak Mahindra Bank Ltd., Eternal Ltd., ICICI Bank Ltd., and SBI Life Insurance Company Ltd.
Several major companies announced significant developments during the trading session. According to market reports, UCO Bank raised its 3-month and 6-month TBLR by 10 basis points to 5.40% and 5.60% respectively. Zee Entertainment Enterprises received approval to raise a minimum of ₹2,300 crore through strategic phases to fund business initiatives. SBI increased its three to five years FCNR-B deposit rates to a range of 5.25-6.00%, with the five-year rate rising by up to 295 basis points. ICICI Lombard General Insurance received favorable CESTAT orders for filed appeals, while KRBL launched 'India Gate Poha' under the Staples category. The Central Government has mobilised close to ₹20,000 crore through stake sales and asset monetisation in the first two months of the current fiscal to boost its revenues.
Looking ahead, market participants will monitor key developments including the Nifty June futures down 0.41% to 23,235.50 at a premium of 20.55 points. According to market data, Nifty Options 16th Jun Expiry shows maximum call open interest at 24,000 and maximum put open interest at 21,200. The session saw price band changes for CEMINDIA PROJECTS LIMITED and FUJIYAMA POWER SYSTEMS LIMITED from 10% to 5%, while Grand Oak Canyons Distillery saw its price band change from 20% to 10%. Foreign institutional investors (FIIs) were net sellers of shares worth ₹4,566.03 crore, while Domestic institutional investors (DIIs) were the net buyers of shares worth ₹6,159.48 crore on June 09, 2026, according to provisional NSE data. The US Dollar Index (DXY) was trading 0.04% higher at 100, while the rupee depreciated 0.39% to close at 95.35 to the dollar on June 09. Private Banks and Financial Services remained relatively resilient, supported by attractive valuations, expectations of steady credit growth, and the RBI's recent forex liquidity measures, even as PSU Banks witnessed profit booking due to continued FII selling in financial stocks. Systematic investment plan (SIP) inflows fell 0.5% month-on-month to ₹30,954 crore in May from ₹31,115 crore in April. Investors are likely to remain focused on developments related to the US-Iran ceasefire and the wider geopolitical situation in West Asia, with fresh escalations potentially influencing market sentiment in the next trading session.
