Sensex Prediction for Monday, 29 June, 2026: Benchmark indices are likely to remain positively biased on Monday, June 29, with the BSE Sensex expected to test the 77,800-78,000 zone if it sustains above the crucial 77,000 level, according to Aakash Shah, Research Analyst at Choice Equity Broking.
Indian benchmark indices – Sensex and Nifty – ended the trading session on Thursday, June 25, with modest gains despite a late bout of profit booking, as strength in automobile, banking and aviation stocks offset weakness in IT and metal shares.
Sensex at close on Thursday, June 25
The 50-share NSE Nifty rose by 34.35 points, or 0.14 per cent, to end at 24,056.
Sensex top gainers and losers on Thursday, June 25
Sensex Prediction for Monday, 29 June, 2026
According to Aakash Shah, Research Analyst, Choice Equity Broking Private Limited, the Sensex, technically, managed to hold above the crucial 77,000 mark, indicating that the near-term undertone remains positive despite the lack of broad-based participation. “The benchmark is currently in a consolidation phase after its recent recovery and is attempting to build a base for the next directional move,” he said.
Aakash Shah said, “The Sensex witnessed a cautious yet positive session on 25 June 2026, closing at 77,100.00, up 109.25 points (+0.14%), as selective buying in automobile and banking heavyweights helped the benchmark extend its recovery despite mixed global cues. The index traded in a narrow range throughout the session, indicating consolidation near key levels and reflecting investors’ preference for quality large-cap stocks.”
He further said the immediate resistance is placed by the 77,800-78,000 zone, which remains a key hurdle for the bulls. “A decisive breakout above this resistance band could strengthen bullish momentum and open the door for a move towards higher levels,” Shah stated.
On the downside, the 76,200-76,400 zone is expected to act as a strong support area and may continue to attract buying interest from positional investors. A sustained move below this support band could trigger renewed consolidation and result in short-term profit booking, he added.
Overall, Shah said the session was characterised by stock-specific buying and a steady large-cap recovery, with investors selectively accumulating quality names while remaining cautious amid mixed global signals. “The benchmark continues to display resilience above its key support levels, and the next directional move is likely to be determined by the sustainability of buying in financials and automobiles and a decisive breakout above the immediate resistance zone,” the analyst concluded.
Broader markets, sectoral indices on Thursday, June 25
Broader markets, however, declined as the BSE MidCap Select index declined 0.55 per cent and SmallCap Select index dropped 0.37 per cent.
Sectorally, Auto jumped 2.29 per cent, followed by Services (0.52 per cent), FMCG (0.50 per cent), Consumer Discretionary (0.40 per cent). Realty (0.29 per cent) and Top 10 Banks (0.27 per cent).
MidSmall Private Banks Quality Tilt dropped 1.61 per cent, followed by Metal (1.37 per cent), oil & gas (1.29 per cent), Utilities (0.93 per cent), Consumer Durables (0.76 per cent), Capital Goods (0.65 per cent), among others.
On the weekly front, the BSE benchmark climbed 297.57 points, or 0.38 per cent, and the Nifty went up by 42.9 points, or 0.17 per cent.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,843.40 crore on Wednesday, according to exchange data.
On Wednesday, the Sensex jumped 790.54 points, or 1.04 per cent, to settle at 76,991.22. The Nifty climbed 197.55 points, or 0.83 per cent, to end at 24,021.65.
Stock, money and commodities markets were closed on Friday for Muharram.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
