Market News
12 Jun 2026
Market Neon
0 views
Nifty 50 Crosses 24,000 Mark Amid Strong FII Inflows
Indian stock market benchmark Nifty 50 crossed the 24,000 mark for the first time, driven by strong foreign institutional investor inflows.
The Indian benchmark index Nifty 50 crossed the historic 24,000 mark during intra-day trading, driven by strong foreign institutional investor (FII) inflows and positive global cues. This marks a significant milestone for Indian equity markets.
IT, banking, and metal stocks led the rally. FIIs have been net buyers with over ₹15,000 crore invested in the past month. Domestic institutional investors also continued their buying streak.
Analysts remain cautiously optimistic, citing strong corporate earnings growth and India's resilient economic fundamentals as key drivers.