Indian equity benchmark -- Nifty ended lower with cut of around half a percent on Monday amid renewed geopolitical tensions. Index made a cautious start following mixed cues from other Asian markets as renewed military strikes between the U.S. and Iran over the weekend reignited concerns over crude oil supplies from the Middle East. Soon, index turned volatile and started wavering in red and green terrain ahead of the release of India's Index of Industrial Production (IIP) data for May later in the day. In late morning session, market entered into red terrain and remained under pressure till the end of the day, weighed down by sharp selloff in almost all the sectors. Finally, Nifty ended below 23,950 mark.
Most of the sectorial indices ended in red except Pharma, Metal and Reits & Realty stocks. The top gainers from the F&O segment were National Aluminium Company, Vedanta and KEI Industries. On the other hand, the top losers were Persistent Systems, Astral and Supreme Industries. In the index option segment, maximum OI continues to be seen in the 23900 - 24100 calls and 23900 - 24100 puts indicating this is the trading range expectation.
India Volatility Index (VIX), a gauge for market’s short-term expectation of volatility increased by 4.29% and reached 13.61. The 50 share Nifty down by 109.75 point or 0.46% to settle at 23,946.25.
Nifty June 2026 futures closed at 23971.00 (LTP) on Monday, at a premium of 24.75 points over spot closing of 23946.25, while Nifty July 2026 futures ended at 24046.30 (LTP), at a premium of 100.05 points over spot closing. Nifty June futures saw a contraction of 9,492 units, taking the total open interest (Contracts) to 1,43,495 units. The near month derivatives contract will expire on June 30, 2026. (Provisional)
From the most active contracts, HDFC Bank June 2026 futures traded at a discount of 0.45 points at 796.60 (LTP) compared with spot closing of 797.05. The numbers of contracts
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: