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Below the Quote on Post market comment by Mandar Bhojane, Research Analyst, Choice Broking

Indian benchmark indices ended higher for the third straight session on June 18. The Sensex was up 308.7 points or 0.4 percent, closing at 77,301.14, while the Nifty rose by 92.30 points or 0.39 percent, ending at 23,557.90.

The Nifty, after a gap-up opening, reached an all-time high of 23,578.05. However, after a volatile session, it finally settled at 23,557.90. If the price closes above the 23,580 level, it could further rise to the 23,650 and 23,800 levels. Conversely, the 23,400 and 23,300 levels will act as immediate support.

Sectoral performance was mixed, with gains in Realty, private banks, and IT, while pharma, metal, and FMCG sectors lagged. The broader indices maintained their positive momentum, reaching new record highs. Hindustan Aeronautics, Mazagon Dock, Cochin Shipyard, Garden Reach, and Bharat Electricals are among the most active shares on the NSE.

The India VIX, which measures market volatility, decreased by 12.9650 percent intraday, settling at 12.9650, indicating reduced market fear. Regarding the Open Interest (OI) data, on the call side, the highest OI was observed at the 24,000 and 24,500 strike prices. On the put side, the highest OI was at the 23,000 strike price.

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