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Nifty ended lower for second straight session on Tuesday

30 Jun 2026 Evaluate

Indian equity benchmark -- Nifty ended lower for second straight session on Tuesday amid renewed US-Iran geopolitical tensions. After making a flat-to-positive start, index slipped into the red terrain and hovered around the neutral line for most part of the day, as market participants were cautious ahead of the next round of U.S.-Iran negotiations scheduled to take place in Doha. Besides, some cautiousness came as the Commerce and Industry Minister Piyush Goyal said that India's free trade agreement (FTA) negotiations with Israel and the six-nation GCC bloc are ‘temporarily stalled’ at present amid the West Asia crisis. Further, concerns came with foreign fund outflows as foreign institutional investors were net sellers of shares worth Rs 1,350.10 crore on Monday. In last leg of the session, heavy selling in IT and Banking stocks intensified the decline. Finally, Nifty ended lower with losses of 0.34%.

Traders were seen piling up positions in Chemicals, Realty and Consumer Durables stocks, while selling was witnessed in IT, Media and PSU Bank. The top gainers from the F&O segment were Cochin Shipyard, Maruti Suzuki India and Solar Industries India. On the other hand, the top losers were KPIT Technologies, Eicher Motors and Tata Elxsi. 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.

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