19/06/25, Nifty Levels

 

19/06/25, The GIFT Nifty fell 0.21% to 24,810 as of 6:22 am, signning a negative start to the Indian equities. US equity futures edged lower alongside declines in Asian markets, following Wednesday's selloff on Wall Street after Federal Reserve Chair Jerome Powell on Wednesday said he expected inflation to pickup in the coming months. The Fed left the rates unchanged in its meeting and indicated that there could be two further cuts this year. The FOMC decided to keep rates unchanged at the 4.25-4.5% range for the fourth time in a unanimous decision. It has raised the inflation projection to 3% in 2025, higher than the 2% target. At the same time, the US GDP growth forecast has been lowered to 1.4%. The 'dot plot' is unchanged from March. Fed still sees two 25 basis point rate cuts in 2025. Jerome Powell said uncertainty remains high amid tariff tensions and the Middle East crisis. He said the effects of Trump tariffs will depend, among other things, on their ultimate level. "Increases in tariffs this year will likely push up prices and waeigh on economic activity." .

 The benchmark equity indices continued to decline for the second straight day on Wednesday, dragged by share prices of ICICI Bank Ltd. and Tata Consultancy Services Ltd. The NSE Nifty 50 ended 41.35 points or 0.17% lower at 24,812.05, while the BSE Sensex closed 138.64 points or 0.17% down at 81,444.66.

Foreign portfolio investors remained net buyers of Indian equities for the second consecutive session on Wednesday, mopping stocks worth Rs 891 crore, according to the provisional data from the National Stock Exchange. Domestic institutional investors continued to stay net buyers for the 24th straight session as they obtained equities worth Rs 1,091.3 crore, the data showed.

The Securities and Exchange Board of India conducted its 210th board meeting on Wednesday and several big-ticket market reforms were discussed. Important points discussed include:

• Easing rules for foreign investors in government bonds.

• Rolling out of NSEL settlement scheme for NSEL stockbrokers.

• Allowing startup founders to hold ESOPs granted a year before going public.

• Allowing delisting relaxations for PSUs through fixed price process.

Read full text here.

• S&P 500 futures declined 0.3%.

• Futures linked to Hong Kong's Hang Seng Index fell 0.5%.

• Japan's Topix index was down 0.6%.

• Australia's S&P/ASX 200 slipped 0.2%.

• Euro Stoxx 50 futures dropped 0.4%.

The downturn comes as Wall Street erased its gains following Fed's decision to hold rates steady, coupled with Powell's latest warning on tariffs. The US stocks ended the session little changed with S&P 500 index closing 0.03% lower at 5,980.87, Nasdaq 100 index ended flat at 21,719.69 and Dow Jones Industrial Average fell 0.10% to 42,171.66.

• WTI declined for the third consecutive trading session, down 0.19%.

• Brent crude declined 0.85% lower.

• Copper ended 0.5% lower.

• Aluminium snapped two day gaining streak and ended 0.02% higher.

• Zinc ended flat after it posted losses in the last session.

• Nickel also ended flat after declining for eight consecutive trading session.

• Lead slumps for the fourth consecutive trading session, down 0.18%.

• Vodafone Idea: The company signed an agreement with AST Spacemobile to expand mobile connectivity and bring direct-to-device satellite broadband connectivity.

• Garware Technical: The company incorporated wholly owned subsidiary Garwares Technical Fibres AS in Norway.

• ESAF Small Finance Bank: The bank approved the proposal for sale of NPA, written-off loans to Asset Reconstruction Company.

• Aavas Financiers: The company approved issuance of NCDs worth Rs 200 crore.

• Hero Motocorp: The company to introduce Vida VX2 with Battery-As-A-Service Model. Pay-as-you-go' battery subscription model to make VIDA Electric Vehicle ownership more flexible, affordable.

• Jio Financial Services: The company acquired 7.9 crore shares of Jio Payments Bank from SBI for Rs 105 crore. Post Acquisition Jio Payments Bank becomes wholly owned subsidiary of the company.

• Zydus Lifesciences: TheUSFDA closes inspection at Ahmedabad plant with 2 observations. The inspection was from June 9 to 18.

• Inox Green Energy: Promoter Devansh Trademart further acquired 30,000 shares of the company via open market transactions.

• EL CID Investment: Ragini Vakil resigned as Chief Financial Officer. The company appointed Shraddha Manjrekar as CFO effective June 19.

• South Indian Bank: The company revised MCLR applicable for multiple tenors effective from June 20.

• Axiscades: The company to expand strategic cooperation with MBDA. The company has undertaken built-to-spec and built-to-print assignments on Test Benches for MBDA.

• Himadri Speciality Chemical: Birla Tyre unveils new brand along with the logo and website.

• Choice International: The company is in an agreement to acquire a further 50% stake in arm for Rs 62.5 crore.

• Ashoka Buildcon: The company arm and company received work orders for Intelligent traffic management projects across Maharashtra.

• Medplus Health Services: The arm received four suspension orders for drug licenses for Telangana, Tamil Nadu, Karnataka stores.

• Morepen Labs: The company incorporated wholly owned subsidiary Morepen Labs-FZCO in UAE.

• Siemens: Siemens Energy India received an approval from BSE, NSE for listing and trading.

• Tata Elxsi: The company signed an MoU with Infineon to jointly develop EV solutions tailored for Indian market.

• Puravankara: The company arm received a work order worth Rs 272 crore from TRU Dwellings.

• Arisinfra Solutions: The public issue was subscribed to 0.24 times on day 1. There were no bids were by qualified institutional investors, while non-institutional investors bid 0.19 times, and retail investors bid 1.04 times.

• Inventurus Knowledge Solutions: Multiple individual sellers are looking to sell up to 1.5% stake each via block deals today at an indicative offer price of Rs 1,650, a 3.2% discount to the current market price, with the total offer size, including the greenshoe option, standing at Rs 416 crore, and ICICI Securities serving as the sole merchant banker to the deal.

• SKY Gold and Diamonds: Mangesh R Chauhan HUF sold 26.5 lakh shares (1.8%) at Rs 348.08 apiece, Darshan R Chauhan HUF sold 26.5 lakh shares (1.8%) at Rs 348.08 apiece, Mahendra C Chauhan Huf sold 17 lakh shares (1.15%) at Rs 351.01 apiece, Perundevi Krishnan sold 10.3 lakh shares (0.7%) at Rs 345.79 apiece, Bank Of India Mutual Fund bought 7.8 lakh shares (0.53%) at Rs 346 apiece.

• Hindustan Zinc: Vedanta Limited sold 6.67 crore shares (1.57%) at Rs 454.05 apiece.

• NCL Industries: Promoter P Varalakshmi (Revised) sold 50,355 shares.

• Bharat Bijlee: Promoter Anand J. Danani sold 3500 shares.

• Crest Ventures: Promoter Priyanka Finance Private bought 66,001 shares.

• Usha Martin: Promoter Peterhouse Investments India Ltd. sold 1.5 lakh shares.

• Jtekt India: Promoter Jtekt Bearings India Private Limited bought 10000 shares.

• Geojit Financial Services: Promoter BNP Paribas Sa sold 3 lakh shares.

• Insolation Energy: Promoter Vikas Jain HUF bought 2000 shares.

• Aarti Pharmalabs: Promoter Orchid Family Trust sold 75,000 shares.

• Price Band change from 10% to 5%: Excel Realty N Infra.

• List of securities to be included from LT-ASM Framework: Subros,

• List of securities to be included from ST-ASM Framework: Puravankara, Kernex Microsystems, Cosmo First.

• Ex- Dividend: Reliance Industrial Infrastructure, Tejas Networks, Tata Communications.

• Shares to Exit Anchor Lock-In: Indian Shelter Finance (21%).

• Nifty June Futures down by 0.22% to 24,813 at a premium of 1 points.

• Nifty June futures open interest down by 3.14%.

• Nifty Options June 19 Expiry: Maximum Call open interest at 25,000 and Maximum Put open interest at 24,000.

• Securities in ban period: Aditya Birla Fashion,Birlasoft,CDSL,Chambal Fertilizers, HUDCO, IREDA, Manappuram, RBL Bank, Titagarh.

• 

  • The Indian rupee closed 23 paise weaker against the US dollar at 86.47.

  • The yield on the benchmark 10-year government bond ended flat at 6.32%.

  • source: NDTV Profit 

 

Iran's supreme leader Ayatollah Ali Khamenei vowed on Wednesday that his country would show no mercy towards Israel's rulers, hours after US President Donald Trump demanded Tehran's "unconditional surrender".

"We must give a strong response to the terrorist Zionist regime. We will show the Zionists no mercy," Khamenei posted on X.

In an another X post, Khamenei wrote, "the battle begins," amid reports suggesting that Trump was seriously considering joining the war on Iran and launching a strike against its nuclear facilities.

Khamenei's remarks came hours after Trump demanded the Islamic republic's "unconditional surrender". He also boasted that the United States could easily assassinate Iran's supreme leader.

"We know exactly where the so-called 'Supreme Leader' is hiding. He is an easy target, but is safe there -- We are not going to take him out (kill!), at least not for now," Trump wrote on his Truth Social platform.

The US president insists Washington has played no part in ally Israel's bombing campaign, but also warned Iran his patience is wearing thin as the conflict enters a sixth day.

Early on Wednesday, Iran said it fired hypersonic missiles at Israel in the latest round of overnight strikes.

Israeli warplanes targeted the Iranian capital before dawn Wednesday after the military issued a warning for civilians to leave one district for their safety.

The Israeli military later said it struck weapons manufacturing sites and a facility used to make centrifuges in Tehran.

Iran told residents of Tel Aviv to prepare for an attack, with the Islamic Revolutionary Guard Corps claiming its hypersonic Fattah-1 missiles were "repeatedly shaking the shelters" in the commercial hub.

"The 11th wave of the proud Operation Honest Promise 3 using Fattah-1 missiles" was carried out, the Guards said in a statement broadcast on state television.

Hypersonic missiles travel at more than five times the speed of sound and can manoeuvre mid-flight, making them harder to track and intercept.

Iran also sent a "swarm of drones" towards Israel, where the army said it intercepted two over the Dead Sea area.

World powers have scrambled for an offramp, hoping to prevent the conflict from spiralling into a region-engulfing war.

In separate phone calls with his Iranian counterpart and US envoy Steve Witkoff on Tuesday night, Egyptian Foreign Minister Badr Abdelatty urged a diplomatic solution.

18/06/25, Iran Vs Israel War news

 ISRAEL-IRAN CONFLICT: TOP DEVELOPMENTS

• Point #

  The Islamic Revolutionary Guard Corps (IRGC) claimed it launched a Fattah-1 missile towards Israel on Wednesday, according to the BBC. This marked the first reported use of the missile in the current conflict, though Iran had previously fired multiple Fattah-1s during its October 1, 2024 strike on Israel. The missile, first revealed in 2023, has been referred to by Iranian officials as the "Israel-striker".

  A banner displayed during its unveiling read, "400 seconds to Tel Aviv" - a reference to its alleged speed.

  Earlier today,Iran even launched two waves of missile attacks at Israel, triggering explosions across Tel Aviv. In response, the Israeli Air Force conducted airstrikes near the Iranian capital. Residents in Tehran's District 18 were reportedly ordered to evacuate before the strikes. Iranian media confirmed explosions in both Tehran and Karaj.

• Point #

  Trump posted a string of aggressive messages on Truth Social, warning Iran's leadership. He claimed the US knows the location of Ayatollah Ali Khamenei, but clarified, "We are not going to take him out (kill!) - at least not for now". Trump warned, "Our patience is wearing thin", before demanding Iran's "UNCONDITIONAL SURRENDER!" minutes later.

• Point #

  Amid fears of further escalation, the United States has deployed additional fighter aircraft to the Middle East. Some air missions already underway have been extended.

  A White House official confirmed that Trump convened a 90-minute meeting with the National Security Council on Tuesday to review possible courses of action. For now, US forces remain in a defensive posture.

• Point #

  Khamenei issued his first public statement since Trump's ultimatum, vowing retaliation. In a post translated by Iran International, he wrote, "The battle begins. Ali returns to Khaybar". Shortly after, he declared: "We must give a strong response to the terrorist Zionist regime. We will show the Zionists no mercy".

• Point #

  Reza Pahlavi, son of Iran's last monarch and an exiled opposition figure, called for regime change amid the escalating conflict. He claimed that Khamenei had "gone into hiding underground" and that the Islamic Republic was collapsing.

  "Like a frightened rat, he has lost control of the situation," Pahlavi said in a statement.

• source: Daily hunt/India Today 

18/06/25, The military conflict between Israel and Iran intensified further on Wednesday, marking the sixth consecutive day of hostilities as both sides continued to pound fresh missile attacks at each other.

 Iran's Islamic Revolutionary Guard Corps (IRGC) even claimed to have launched a Fattah-1 hypersonic missile at Israel, the first use of this missile in the ongoing conflict, the BBC reported.

Explosions were reported over Tel Aviv following early morning missile barrages from Iran, while Israeli airstrikes continued near Tehran, targeting suspected military infrastructure.

Meanwhile, the US media have reported that President Donald Trump is considering joining Israel's ongoing strikes on Iranian nuclear facilities. The speculation of the US joining Israel in the conflict is fuelled by Trump's abrupt departure from the G7 Summit and a string of ominous social media warnings.

Amid escalating tensions, Trump also held a phone call with Israeli Prime Minister Benjamin Netanyahu on Tuesday, according to a report by Axios. At the same time, US officials confirmed that more American fighter jets are being deployed to the Middle East.

source: Dailyhunt/ India Today

18/06/25, Gold & US Dollar

 

Gold Price:

Gold prices inched higher on Tuesday, driven by increased safe-haven demand amid escalating tensions between Iran and Israel. However, gains were restrained by a stronger U.S. dollar.

Spot gold rose by 0.2% to reach $3,390.59 per ounce as of 1:51 PM EDT (1751 GMT), while U.S. gold futures closed 0.3% lower at $3,406.90. Meanwhile, silver prices surged to a 13-year high.

U S Dollar

The U.S. dollar recovered earlier losses and strengthened against the yen on Tuesday, following economic data indicating that American consumers are becoming more cautious amid ongoing uncertainty around trade and inflation, just ahead of the Federal Reserve's upcoming interest rate decision.

source: mint

18/06/25, BIZnews/Share Market

Both Indian indices - Sensex and Nifty 50 - are expected to open on a subdued note on mixed cues from global peers as investors watch out for developments in Israel-Iran war.

 Asian markets fell on Wednesday, meanwhile US stock market inched lower as traders brace for the Federal Reserve's rate decision due Wednesday afternoon stateside.

On Tuesday, the Indian stock market ended in red on profit-booking in select heavyweights, including HDFC Bank, Reliance Industries and Bajaj Finance amid weak global cues.

The Sensex finished the session down by 213 points, or 0.26%, closing at 81,583.30, while the Nifty 50 slipped 93 points, or 0.37%, to settle at 24,853.40.

" Markets remained lackluster and ended nearly half a percent lower, continuing the ongoing consolidation phase. After an initial decline, the Nifty index traded within a narrow range and eventually settled at the 24,853.40 level. Barring the IT sector, all key indices edged lower, with pharma, metal, and realty among the top losers. Following the recent rebound, the broader indices also witnessed profit-taking and declined by over half a percent each.

In the absence of any major domestic events, global cues-such as updates on ongoing geopolitical tensions and the outcome of the FOMC meeting-will guide the market trend and are likely to keep volatility elevated. Amid this backdrop, participants should maintain a stock-specific trading approach while managing position sizes prudently," said Ajit Mishra - SVP, Research, Religare Broking Ltd.

Levels for Nifty50:

Resistance based on pivot points: 24,947, 24,987, and 25,051

Support based on pivot points: 24,819, 24,779, and 24,715

The Ni,,fty 50 formed a bearish candlestick resembling a Bearish Belt Hold pattern (though not a classical one) on the daily charts, signaling some weakness. The index managed to defend the 20-day EMA and the midline of the Bollinger Bands on a closing basis, albeit with low volume. Meanwhile, the MACD remained in a negative crossover with a weakening histogram, and the RSI, at 53.26, tilted downward with a negative crossover.

Levels For The NiftyBank (55,714)

Resistance based on pivot points: 55,970, 56,070, and 56,232

Support based on pivot points: 55,647, 55,547, and 55,385

Resistance based on Fibonacci retracement: 56,099, 56,810

Support based on Fibonacci retracement: 55,266, 54,845

The NiftyBank also formed a bearish candlestick on low volume, falling 0.4 percent. However, it continued its formation of higher tops and bottoms for another session. The index hovered around the midline of the Bollinger Bands. The MACD showed further weakness in the histogram, while the RSI, at 52.55, remained in a negative crossover

Here are key global market cues:

Asian markets

Asia-Pacific stock markets declined on Wednesday as escalating tensions between Israel and Iran dampened investor confidence.

Japan's Nikkei 225 index slipped 0.15%, while the broader Topix fell by 0.18%. In South Korea, the Kospi dropped 0.44% and the Kosdaq, focused on smaller-cap stocks, edged down 0.15%. Futures for Hong Kong's Hang Seng index last traded at 23,813, suggesting a softer start ahead compared to the previous closing level of 23,980.30.

Gift Nifty today

Gift Nifty was trading around 24,834 level, a discount of nearly 29 points from the Nifty futures' previous close, indicating a weak start for the Indian stock market indices.

Wall Street

U.S. stock futures edged slightly downward as investors remained cautious ahead of the Federal Reserve's interest rate decision, expected Wednesday afternoon in the U.S.

On Tuesday, all three major indexes on Wall Street closed in negative territory. The Dow Jones Industrial Average dropped 299.29 points, or 0.70%, finishing at 42,215.80. The S&P 500 declined by 0.84% to close at 5,982.72, while the Nasdaq Composite slid 0.91% to settle at 19,521.09.

Israel-Iran war

Overnight, the conflict between Israel and Iran escalated significantly, prompting the United States to increase its military presence in the region. In response to the growing tensions, US President Donald Trump convened a meeting with his national security team, although the details of any potential strategy remain undisclosed. The situation has intensified diplomatic concerns, with the U.S. aiming to maintain a balance between deterrence and the risk of broader regional instability.

Crude Oil Price

Oil prices edged higher in early Wednesday trading, building on a more than 4% gain from the previous session amid concerns that the ongoing Iran-Israel conflict could impact supply chains.

As of 0029 GMT, Brent crude futures had climbed 19 cents (0.25%) to reach $76.64 per barrel, while U.S. West Texas Intermediate (WTI) crude rose 23 cents (0.31%) to $75.07 per barrel.

18/06/25, simplifying Visa procedures

 

China and Central Asian countries are willing to improve road and railway connectivity, and will look to open more direct flights to and from China as they agreed to enhance exchanges, the Chinese foreign ministry said in a statement on Wednesday.

China will look at simplifying visa procedures with the five Central Asian countries while all parties will study the feasibility of opening consular offices, it added.

China, together with Kazakhstan, Kyrgyzstan and Tajikistan, will also accelerate the modernisation of existing port facilities and look at the need for new ports.

17/06/25, WiFi is everywhere but do you know what is its full form? This question comes up in interviews and it is important to know about it while preparing for competitive exams or searching for meaning for English speaking

 

Let's see about WiFi here.

In today's digital era, WiFi is present in every home, office, school and hotel. You may be discussing WiFi among your friends or at various places but you may not know its full form and what it is. Many times lack of information forces people to compromise their security. Questions related to WiFi are asked even in interviews. Therefore, you should have complete information about it. Let us know about WiFi in detail.

What is the full form of WiFi?

The full form of WiFi is Wireless Fidelity. It is a wireless networking technology through which you can connect the Internet to your mobile, laptop, TV and other devices without wires. The term WiFi was popularized in 1999 by an organization called Wi-Fi Alliance, so that a common name could be given to wireless devices working on the IEEE 802.11 standard.

What do you have to do?

Many people share their home or office Wi-Fi password with neighbors, friends or even strangers. But doing this can become a big cyber threat for you:

• Threat of network hacking - People who connect with the password can access your device.
• Data Theft - Your email, banking and personal files can be accessed.
• Legal Problem: If someone else does any illegal work using your network then the responsibility will be yours.
• Slow speed - Internet speed decreases due to more devices being connected.

How to make WiFi secure?

If you use WiFi then you can secure your network by following these 5 tips-

• Use a strong password - eg: 12+ characters, containing numbers, special symbols and capital letters.
• Hide the network name (SSID) - This will prevent your WiFi from being visible to outsiders.
• Enable MAC address filtering - only selected devices can connect.
• Create a separate guest network - connect friends to a separate WiFi.

PC:Prabhat Khabar

17/06/25, FinancialMarket REPORT

The Nifty 50 staged a healthy performance on June 16 after a couple of days of correction, rising nearly 1 percent to move closer to the 25,000 zone. The uptrend in global markets, despite ongoing geopolitical tensions, supported the rally. This upward move pushed the index above its short-term moving averages and the midline of the Bollinger Bands, signaling a positive bias. Experts note that as long as the index sustains above 24,800, an upward move toward the 25,000–25,200 zone is possible in the upcoming sessions. However, if it falls below 24,800, support is placed at 24,700, followed by 24,500.

Levels for  Nifty50: cmp24946.50

Resistance based on pivot points: 24,973, 25,035, and 25,136

Support based on pivot points: 24,772, 24,710, and 24,609

The Nifty 50 formed a long bullish candlestick pattern on the daily charts for a second consecutive session, negating the lower tops and bottoms formation of the previous two sessions. It traded above short-term moving averages (10- and 20-day EMAs) and the midline of the Bollinger Bands. The Relative Strength Index (RSI) stood at 55.70, tilting upward, indicating a likely positive crossover.

Levels For The Nifty Bank :cmp55,945

Resistance based on pivot points: 56,012, 56,158, and 56,394

Support based on pivot points: 55,539, 55,393, and 55,157

Resistance based on Fibonacci retracement: 56,099, 56,810

Support based on Fibonacci retracement: 55,266, 54,845

 The NiftyBank also formed a bullish candle on the daily timeframe, negating the lower highs-lows formation of the previous four consecutive sessions. It almost filled the gap-down of June 13, which is considered a positive signal. The index climbed above the 20-day EMA and the midline of the Bollinger Bands. However, the Bank Nifty maintained a negative crossover on the Moving Average Convergence Divergence (MACD), with a further weakening histogram. The RSI held steady at 55.33, slightly above the 50 mark, and tilted upward, reflecting improving momentum.

Long Build-Up,  132Stocks:

A long build-up was seen in 132 stocks. An increase in open interest (OI) and price indicates a build-up of long positions.

Long Unwinding,  11Stocks:

11 stocks saw a decline in open interest (OI) along with a fall in price, indicating long unwinding.

Short Build-Up, 17 Stocks

17 stocks saw an increase in OI along with a fall in price, indicating a build-up of short positions.

Short Covering, 64 Stocks:

64 stocks saw short-covering, meaning a decrease in OI, along with a price increase.

High Delivery Trades

Here are the stocks that saw a high share of delivery trades. A high share of delivery reflects investing (as opposed to trading) interest in a stock.

Report by Sunil Shankar Matkar