Opening Bell: Nifty above 15,300 led by gains in HDFC twins, Sun Pharma, and Tata Motors

Tata Steel, PowerGrid, Coal India, ONCC, JSW Steel, Hindalco, down up to 4.5 percent, were the major laggards across the two benchmarks.

However, the BSE MidCap and SmallCap indices were trading up to 0.2 percent lower.

Amid sectoral indices, Nifty metals, realty, oil & gas indices were trading lower while, Nifty IT, financials and pharma were trading higher.

Foreign portfolio investors (FPIs) pulled out 31,430 crore equities so far in June. With this, the net foreign outflows from equities has reached Rs 1.98 lakh crore in 2022 till now.

Public sector banks (PSBs) will be in focus as Finance Minister Nirmala Sitharaman is scheduled to meet the heads of public sector banks to review their performance and progress. That apart, Coal India will hog limelight after production inched up 28 percent in June so far, from a year-ago period.

Though the US equity futures reflected sombre mood, shares of Asia-Pacific inched up on Monday morning. Japan's Nikkei 225 was up 0.5 per cent and South Korea's Kospi advanced 0.1 per cent. The US markets shall remain closed on Monday, June 20, on account of Juneteenth holiday.