Morning Bell 17th June 2026 by Bajaj Broking Ltd
Market Commentary
ndian benchmark indices opened with a gap - up of nearly 70 points and traded with a positive bias throughout the session . Index keep consolidating near the crucial 24 ,000 mark and closed near its day's high . Sentiment remained supported by easing Brent crude oil prices, which traded near $80 per barrel, along with continued de - escalation in geopolitical tensions .
* At close, the Nifty 50 gained 135 .25 points or 0 .57% to settle at 23 ,989 , while the Sensex advanced 544 .15 points or 0 .71% to close at 76,808 .
* On the sectoral front, Nifty Realty extended its winning streak and emerged as the top - performing sector . IT, Media, and FMCG stocks also witnessed strong buying interest and ended higher . On the other hand, Nifty Metal remained the key laggard, followed by Healthcare and Auto stocks, which witnessed mild profit booking during the session .
* The broader market also traded in line with the benchmark indices, reflecting sustained buying interest across segments . The Nifty Midcap 100 index gained 0 .41% to close at 61,802 , while the Nifty Small cap 100 index advanced 0 .42 % to settle at 18,477 .
* Gift Nifty signals a flat to positive opening for the Indian market . Nifty spot in today's session is likely to trade in the range of 23 ,800 - 24 ,200
Global Updates
* Wall Street closed out a highly fragmented Tuesday session, featuring a pronounced tug - of - war between traditional value sectors and growth favorites .
* The eyes of the global financial world are locked onto the Federal Reserve as it wraps up its two - day policy meeting today . While rate futures indicate a near 97% probability that the central bank will keep its target range unchanged at 3.50 % to 3.75%, investors are completely focused on new Fed Chair Kevin Warsh's very first post - meeting press conference .
* Asian markets are showing a mixed performance this morning, mirroring the sector rotation seen in New York, with Japan’s Nikkei 225 rising 0 .23 % and Australia’s S&P/ASX 200 edging up 0 .05 % on defensive banking strength . Meanwhile, South Korea’s KOSPI is under notable pressure, falling 1.10% as profit -taking in global semiconductor stocks weighs on local memory - chip heavyweights .
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