Nifty Extends Winning Streak As Markets Open Higher On Monday

Indian equity markets commenced the trading week on a positive note, with the Nifty 50 index climbing 0.54% to reach 24,401.75 by mid-morning on July 6, 2026. The Sensex also mirrored this optimism, building on the momentum from Friday’s session where it settled at 77,763.91. Market breadth remains encouraging, with 1,608 stocks advancing against 1,400 declines, signaling broad-based participation across the NSE.

The sustained rally is largely attributed to a confluence of favorable macroeconomic factors, including easing crude oil prices and improved global sentiment. Investors are positioning themselves ahead of the Q1 FY27 earnings season, anticipating robust corporate performance. The market's resilience, despite net fund outflows of ₹598.56 crore observed on the previous trading day, underscores a strong underlying confidence among domestic participants.

Analysts expect the indices to extend their winning streak into a fourth consecutive week, provided the current liquidity flow remains stable. While sectoral performance has been mixed—with recent pressure on PSU banks and auto stocks—the overall trend remains bullish. Stakeholders should monitor upcoming corporate results, which will likely dictate the trajectory of the Nifty as it tests higher resistance levels before the next major settlement cycle.