Date 16.06.2026
NIFTY OUTLOOK: 23853.90 FII 200.05 cr DII 3189.26 cr
As discussed yesterday market behaviour remained on the expected lines during the day, as buying strength takes the nifty rally extreme upto 24011.4
Date 16.06.2026
NIFTY OUTLOOK: 23853.90 FII 200.05 cr DII 3189.26 cr
As discussed yesterday market behaviour remained on the expected lines during the day, as buying strength takes the nifty rally extreme upto 24011.4
As per market veteran, war uncertainty makes short-term market prediction difficult. Indian markets have not participated meaningfully in the AI-led rally & sentiment towards India remains weak. Significant short positions are seen in IT stocks. Immediate reduction in STT & LCGT is essential to attract FFI inflows. Outlook for pharma, healthcare & textiles looks positive, while metals & IT remain under pressure. Monsoon progress, Q1 results & crude prices will decide the short-term market trend.
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