Nifty last close: 18755.45 (-0.4%)
In a highly volatile session, the equity markets ended on a negative note on June 19
Despite weak global cues, the market started on a positive note and inched closer to the record high levels
But profit booking erased all the opening gains and finished the session near the day’s low
Nifty was opened 18875 and went to 18881.45 then dropped to 18720
Sensex was down 216.28 points or 0.34 percent at 63,168.30
Nifty was down 70.50 points or 0.37 percent at 18,755.50
Adanient, KotakBank, HeroMotoCorp, Axis Bank and AdaniPorts were among the biggest losers on the Nifty
While gainers included HDFC Life, Bajaj Finance, Bajaj Finserv, Tech Mahindra and TCS
Among sectors, auto, bank, realty, power, realty and FMCG were down 0.5 percent each
While the PSU bank index rose 1 percent and the Information Technology index added 0.4 percent
Midcap and smallcap indices ended on a flat note
FIIs net sold 1030 crore while DIIS net sold 365 crore on June 19
VIX ended at 11.50 up 5%
CanFinhome board approves fund raising up to Rs 5000cr
Sunpharma gets Canadian regulator Nod for drug
SEBI prohibits IIFL Sec from taking in new clients for next 2 years
VEDL plans to invest $1.7 billion on FY 2024 on growth projects
Indigo orders 500 planes of Airbus A320 family and beats Air India
Dollar index ended around 102.50
Gold settled around $1955/oz
Brent crude lost $1.20/bbl to $75.40/bbl
Asian markets lower in early trade
Hangseng dropped 1% and Nikkei down 0.5%
SGXNifty indicates a negative opening for the index
Nifty formed a double top on June 19 and didn’t break ATH
Nifty is facing a intraday resistance 18785, 18800 and 18845
However, Stay caution at higher levels
On other side, Nifty can be considered as supports as 18725, 18710 and 18665
If stays below 18665 will try to check 18600
Updated: 08.40 am / 20th June 2023
