Morning Market Wrap: Nifty 24,056 | BTC ₹56.04L | Gold ₹1,41,330/10g | 26 Jun 2026

Indian stock markets are shut today, Friday June 26, 2026, on account of the Muharram holiday — with trading set to resume on Monday, June 29. Here’s a complete recap of Thursday’s session, overnight global cues, and key rates every investor needs to track before markets reopen.

📈 Indian Stock Market Today

Indian bourses observed a trading holiday on Friday, June 26, 2026, in observance of Muharram. On the last trading day, Thursday June 25, the Nifty 50 closed at 24,056, having opened at 24,125 and touched an intraday high of 24,261. The Sensex settled at 77,072, gaining 81 points or 0.10% for the session. On the institutional flows side, Foreign Institutional Investors (FIIs) were net sellers of ₹1,843 Cr in the cash segment, while Domestic Institutional Investors (DIIs) provided strong support, buying a net ₹3,637 Cr. The markets will reopen Monday, June 29, with global cues — particularly from US tech and commodity markets — likely to set early direction.

₿ Crypto Market Update

Bitcoin extended its slide, dropping to approximately $59,334 (₹56.04 lakh) — its lowest level in months — posting a 2.7% decline. Ethereum mirrored the weakness, falling 2.8% to $1,561 (₹1,47,453). A confluence of headwinds — including ETF outflows, a potential delay in the US CLARITY Act, and capital rotating from crypto into AI stocks — has kept both major assets under sustained pressure. Sentiment remains cautious as Bitcoin struggles to reclaim the psychological $60,000 mark heading into the weekend.

💰 Today’s Key Rates at a Glance

Asset Price Change
Nifty 50 24,056 Last Close (Mkt Holiday)
Sensex 77,072 +0.10%
Bitcoin (BTC) ₹56.04L / $59,334 -2.7% (24hr)
Ethereum (ETH) ₹1,47,453 / $1,561 -2.8% (24hr)
Gold (10g, 24K) ₹1,41,330 Stable
Silver (1kg) ₹2,35,000 Stable
USD/INR ₹94.46 Stable
Crude Oil (Brent) $74.43 -1.11%

📰 Top 5 Financial News Stories This Morning

  1. NSE & BSE Closed for Muharram — Markets Reopen Monday June 29 — Indian equity markets, including the NSE and BSE, are shut on June 26 in observance of Muharram. Commodity exchange NCDEX is also closed for the full session, while MCX follows a split trading schedule. Investors should prepare for elevated volatility at Monday’s open as positions accumulated over the long weekend get adjusted. T+1 settlements from June 25 trades will process on Monday.
  2. Micron Technology Surges 17% on Blowout Q3 Earnings — Memory chipmaker Micron delivered third-quarter adjusted earnings of $25.11 per share, decisively beating analyst expectations of $20.78. The stock soared 17% on Thursday, marking a rare bright spot in a week dominated by tech sell-offs. Strong AI-driven demand for high-bandwidth memory (HBM) chips powered the beat — a positive signal for Indian IT and semiconductor plays like HCL Tech, Tata Elxsi, and Kaynes Technology when markets reopen.
  3. Apple Drops 6% After Announcing Price Hikes on Mac and iPad — Apple fell sharply on Thursday after announcing price increases across its MacBook and iPad product lines, raising investor concerns about demand elasticity amid ongoing US tariff pressures. The sell-off dragged Nasdaq to a fourth consecutive daily loss, with the composite closing down 0.46% at 25,358. Apple’s weakness could weigh on global risk sentiment when Indian markets open Monday; watch IT counters and consumer electronics distributors.
  4. Brent Crude Falls to $74.43 — Down 40% from April Peak — Brent crude dropped 1.11% to $74.43 per barrel on Friday, continuing a remarkable slide from its April 30 high of $126 per barrel amid progress in US-Iran peace talks and easing of Strait of Hormuz shipping bottlenecks. The sharp fall in crude is broadly positive for India’s current account deficit and domestic inflation trajectory. Oil marketing companies like HPCL, BPCL, and IOC, and aviation stocks like IndiGo, could benefit when markets reopen Monday.
  5. Bank FD Rates Reach 8.10% — Best Safe-Haven Rates in Years — As equity markets remain choppy, Indian banks are now offering Fixed Deposit interest rates of up to 8.10% for general citizens across various tenures (7 days to 10 years). Public sector leaders Bank of India and Punjab & Sind Bank top the charts at 6.85%. With Nifty range-bound and crypto under pressure, high FD rates offer a compelling risk-free alternative for conservative and senior investors looking to redeploy capital.

🔍 What to Watch on Monday (June 29)

With Indian markets reopening after a three-day gap (weekend + Friday Muharram holiday), expect elevated opening volatility. Three key things to track: (1) US tech sentiment — Apple’s price hike fallout and any weekend commentary on AI/chip stocks will drive IT and tech futures at open; (2) Crude oil trajectory — a further slide below $73/barrel would be a tailwind for OMC stocks (HPCL, BPCL, IOC) and the aviation sector; (3) RBI and macro calendar — watch for any end-of-month economic data releases or central bank commentary that could shift rate-sensitive banking and NBFC stocks. Also keep an eye on the USD/INR pair, currently stable at ₹94.46, for any weekend geopolitical surprises.

Data sourced from NSE, BSE, Yahoo Finance, Goodreturns, and live market feeds. Last updated: 8:00 AM IST, 26 June 2026. This article is for informational purposes only and does not constitute investment advice.

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By Raj Gaurav Rai

Raj Gaurav Rai is the founder and chief editor of EarnFree.in with 10+ years of experience in Indian equity markets, technical analysis, Nifty 50, Bank Nifty F&O trading, cryptocurrency and financial journalism. He actively trades NSE/BSE equities and crypto markets, ensuring all analysis is grounded in real market experience. Based in Varanasi, Uttar Pradesh, India.

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