Prime End of the Day Summary: View on Market Performance 30 June 2026

Nifty Fell for the Second Straight Day

Nifty declined for a second consecutive session, ending 80 points lower at 23,865. On the monthly expiry day, the index traded within a narrow range for most of the session before witnessing selling pressure in the final 45 minutes. NSE cash market volumes during the June monthly expiry were 7% higher than the previous monthly expiry. Over the last seven trading sessions, Nifty has largely consolidated within a tight band, hovering between its 20-, 50-, and 100-day EMAs.

Within the Nifty pack, Maruti Suzuki India, Titan Company, and Bajaj Finance were the top gainers, while Eicher Motors, Tata Consumer Products, and Tata Consultancy Services (TCS) emerged as the key laggards.

Sectoral performance remained mixed. Realty, Consumer Durables, and Pharma indices led the gains, whereas IT, Media, and PSU Bank stocks witnessed broad-based selling pressure and ended lower.

Broader markets outperformed the benchmark indices, with the Nifty Midcap 100 and Nifty Smallcap 100 advancing 0.37% and 1.07%, respectively. Market breadth remained positive, as reflected by the BSE advance-decline ratio improving to 1.27, indicating a clear advantage for advancing stocks.

The Indian rupee weakened for a third straight session, slipping 12 paise to settle at 94.66. The domestic currency remained under pressure amid safe-haven demand for the U.S. dollar and steady corporate dollar buying, while cautious global risk sentiment also weighed on the rupee.

Technically, Nifty continues to consolidate within a defined trading range. A decisive breakout above the recent swing high of 24,261, backed by strong volumes, will be required to restore bullish momentum. On the downside, 23,784 remains the key near-term support level, and a sustained close below this mark could increase the risk of a deeper corrective move.