{"id":127099,"date":"2026-06-23T10:57:03","date_gmt":"2026-06-23T05:27:03","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=127099"},"modified":"2026-06-23T10:57:06","modified_gmt":"2026-06-23T05:27:06","slug":"stock-market-today-june-23-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/stock-market-today-june-23-2026\/","title":{"rendered":"Stock Market Today June 23, 2026: Nifty 50 at 24,104, IT Stocks Fall 2%, Pharma Surges 1.7% in Morning Session"},"content":{"rendered":"
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Stock market today June 23: Nifty 50 at 24,104 (flat), Sensex 77,125 (+0.04%). Nifty IT -1.80%, Pharma +1.73%. Infosys -3%, Cipla +2.5%. VIX 12.49.<\/em><\/p>\n

The stock market today on June 23, 2026 is trading near flat at the index level, with the Nifty 50 at 24,104 and the Sensex at 77,125 as of the morning session, but a sharp sectoral divergence is defining the stock market today with technology stocks falling sharply while pharma stocks rally. The Nifty IT index is down 1.80%, making it the worst performing sectoral index in today’s stock market, dragged by Infosys<\/a> at -2.99%, TCS<\/a> at -2.24%, Tech Mahindra<\/a> at -1.84%, and Wipro<\/a> at -1.78%. On the other side, Nifty Pharma is up 1.73% in the stock market today, led by Cipla<\/a> (+2.51%), Dr Reddy’s (+1.68%), and Sun Pharma (+1.50%), with investors rotating into defensive and healthcare names amid global uncertainty.<\/p>\n

India VIX is at 12.49 in the stock market today, down 2.73% from its previous close, signalling easing volatility and a relatively calm options market despite the sharp sector rotations. The broader market is treading water with the Nifty Bank at 57,868 (-0.12%), Nifty Auto at 26,673 (-0.11%), and Nifty Energy at 40,669 (-0.26%) all trading in modest negative territory, while Nifty FMCG at 49,395 (+0.08%) holds steady. Ankit Jaiswal, Senior Research Analyst at Univest, notes that the stock market today is reflecting a classic defensive rotation, with investors moving away from rate-sensitive and growth-oriented IT stocks into the pharma sector amid hawkish Fed signals and global macro uncertainty.<\/p>\n

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