Indian tech and industrial stocks ended on a mixed note on June 23, reflecting cautious investor sentiment and selective buying in high-performing counters. Of the 27 tracked companies, around half closed in the green, while others saw mild to sharp corrections.\n\nTop Gainers: Ideaforge Technology Ltd led the rally with a massive 10% surge, closing at ₹631.05. KEI Industries also posted strong gains of 5.16% to end at ₹3,758.90, followed by Polycab India, which rose 4.82% to ₹6,289.50. Dixon Technologies climbed 3.74% and Bharat Electronics gained 3.10%.\n\nOther notable performers included Paras Defence and Space (4.86%), Data Patterns (2.23%), and ASM Technologies (2.80%). The uptick in defense and electronics firms hints at continued investor confidence in India’s tech manufacturing and aerospace sectors.\n\nDecliners: On the losing side, Siemens faced the steepest fall, dropping 3.82% to ₹3,091.60. HCL Technologies declined 2.11%, and Kaynes Technology and Kernex Microsys lost over 1.4% each. ABB India, Tata Elxsi, and CG Power saw marginal dips under 1%.\n\nSector Sentiment: Despite some pressure on heavyweights, momentum stayed strong in mid-cap manufacturing, defense, and automation firms. Honeywell Automation (₹37,785, +0.74%) and Hindustan Aeronautics Ltd (₹5,028.20, +1.11%) also added stability.\n\nOverall, the market mood on June 23 suggested resilience amid volatility, with selective buying favoring companies in the defense, automation, and power sectors. Investors appear to be rotating capital toward firms showing long-term growth potential and government-aligned sectoral strength.

Indian Tech & Industrial Stocks Mixed on June 23; Ideaforge, KEI, Dixon Lead Gains

Indian tech and industrial stocks ended on a mixed note on June 23, with selective buying favoring companies in defense, automation, and power sectors. Top gainers included Ideaforge Technology Ltd (10% surge), KEI Industries (5.16%), and Polycab India (4.82%), while decliners featured Siemens (3.82% drop) and HCL Technologies (2.11%).