Raghunandan Money – Investment Khushiyon Ka.

EQUITY MARKET (16th Jun 2026)

By: Moumita Samanta | Date : Jun 16, 26

FII/FPI & DII trading activity on NSE, BSE and MSEI in Capital Market Segment 15th Jun 2026

Category Value
FII/FPI+200.05Cr
DII +3,189.26Cr
INDIA VIX 13.56(-5.51%)

As of 10:30(IST)

NSE ADVANCE/DECLINE: 

ADVANCE1882
DECLINE1099

As of 10:31(IST)

NIFTY INDEX DAILY REPORT

Nifty50 extended its winning streak into a third consecutive session to touch the intraday high of 24,002.60, briefly crossing the psychological 24,000 mark before cooling off slightly to settle at 23,989.15, due to weekly options-expiry volatility. Market sentiment was supported by positive global cues, amid a sharp drop in Brent crude prices to $82.40 per barrel amid news of MoU being signed between US-Iran. This cool-off in crude directly eased fiscal pressures for India, while a stabilizing Rupee, strengthening to 94.63. Sectorally, gains were spearheaded by IT heavyweights conversely, the metal pack faced intense profit-booking from a broader global commodity cool-off, with Hindalco dipping nearly 4% alongside declines in JSW Steel and Tata Steel. Technically, the Nifty 50 has decisively broken out of its consolidation phase, holding firmly above its key moving averages with immediate support shifting to the 23,800 zone and major resistance pegged just above the 24,000–24,060 level.

Bank Nifty index experienced a steady to positive momentum and settled the day at the level of 57,298.20 . Opening on a resilient note at 57,320.10, the index briefly scaled an intraday high of 57,395.40, but faced strong resistance. But profit booking as traders locked in gains ahead of the upcoming mid-week US Federal Reserve policy decision capped the gain of the Banking index. Technically, despite the intraday softness, Bank Nifty successfully managed to defend its crucial short-term psychological support floor of 57,000, maintaining its broader bullish breakout structure and keeping its position well above its major 20-day and 50-day Exponential Moving Averages (EMA).

Nifty Realty extended its strong multi-day momentum to close at 818.10, up 2.26%. The real estate sector drew buying interest amid cooling crude oil prices, following progress on a preliminary US-Iran ceasefire, spurred optimization of the rate sensitive and corporate sectors by reducing input and transport costs. The rally was supported by prominent heavyweights like DLF by over 2.42% and Godrej Properties, which surged over 1.6%  on the back of positive structural demand projections. From a technical standpoint, Nifty Realty continues to showcase a powerful structural breakout, maintaining its position firmly above its 20-day and 50-day Exponential Moving Averages (EMA), with immediate support shifting higher to the 786 level and the next major resistance target eyed at the mark of 829.

NIFTY DAILY CHART

Nifty traded with a positive bias and managed to touch the intraday high of 24,002 amid ease of geopolitical tension. For the index to touch the next upside destination of 24,100, it must sustain the level of 24,000 and trade above the same. But failure to sustain the mark of 24,000, would again put short term pressure on the index that would take the index for the downside destination of 23,800. This index is expected to be within a range of 23,800-24,000. Only either side breach of the level would give further direction to the index.

INDICESCLOSING%CHANGESUPPORTRESISTANCE
NIFTY23,989.150.57%23,80024,200
BANK NIFTY57,297.150.17%56,95057,790
SECTORIAL INDICES
NIFTY IT28,568.101.78%2765028780
NIFTY PHARMA24,157.85-0.26%24,00024,500
NIFTY AUTO26,891.55-0.32%26,62027,100
NIFTY REALTY818102.26%780830
NIFTY ENERGY39,915.401.07%38,34040,130
NIFTY FMCG49,642,401.22%47,65049,890

Equity Market Technical Analysis Snapshot: Jun 16th, 2026

NIFTY50:

Nifty gained +0.57%, opening at 23,923.90 and trading in a narrow range throughout the session before closing at 23,989.15. The index once again faced selling pressure near the psychological 24,000 mark, indicating that this zone continues to act as a strong short-term resistance. Technically, the trend remains sideways to bullish, although some uncertainty persists as Nifty continues to trade below the 200-DMA, while holding comfortably above the 11-DMA and 30-DMA, reflecting improving short-term strength. The RSI at 59.13 suggests positive momentum without entering overbought territory. Immediate resistance is placed at 24,100–24,250, while support is seen at 23,750–23,650. A sustained breakout above 24,100 could strengthen the bullish outlook, while holding above 23,750 remains important to maintain the current recovery.

BANKNIFTY:

Bank Nifty advanced +0.17%, opening at 57,320.10 and witnessing a largely range-bound session, eventually closing almost unchanged at 57,297.15. The lack of strong directional movement reflects indecision after the recent rally. The trend remains sideways to bullish, though some caution is warranted until the index confirms a breakout above immediate resistance. Bank Nifty continues to trade above its 200-DMA, 11-DMA, and 30-DMA, confirming that the broader technical structure remains positive. The RSI at 67.72 indicates strong momentum but is approaching overbought territory, which could lead to short-term consolidation. Immediate resistance is placed at 57,950–58,500, while support is seen at 56,950–56,550. A decisive move above 57,950 could trigger the next leg of the rally.

INDICESSUPPORTRESISTANCETREND
NIFTY502365024250Sideways to Bullish
BANK NIFTY5655058500Sideways to Bullish

NIFTY MID SELECT:

Nifty Mid Select (Midcap Nifty) gained +0.54%, opening at 14,492.75 and closing at 14,503.90 after a steady session. The index continues to hold above all its key moving averages, with the trend remaining firmly bullish as it trades above the 200-DMA, 11-DMA, and 30-DMA, reflecting sustained strength in the midcap segment. The RSI at 54.48 indicates improving momentum with sufficient room for further upside. Immediate resistance is placed at 14,580–14,750, while support is seen at 14,250–14,000. A sustained breakout above 14,580 could accelerate the ongoing bullish trend.

NIFTY REALTY:

Nifty Realty surged +2.26%, opening at 805.50 and closing strong at 818.10, extending its recent outperformance. The trend has turned bullish, supported by the index trading above its 11-DMA and 30-DMA, although it still remains below the 200-DMA, suggesting that the longer-term trend is yet to fully reverse. The RSI at 63.71 reflects healthy bullish momentum and increasing buying interest. Immediate resistance is placed at 825–855, while support is seen at 800–775. A sustained breakout above 825 could further strengthen the bullish outlook and open the door for a move toward the next resistance zone.

INDICESSUPPORTRESISTANCETREND
NIFTY MID CAP SELECT1400014750Bullish
NIFTY REALTY775855Bullish

Pivot Table:

PRODUCTS3S2S1PIVOTR1R2R3
NIFTY5023803238462391723960240322407424146
BANKNIFTY56792569345711657258574395758157763
FINNIFTY26193262502634626403264992655626653
MIDCPNIFTY14304143501442714473145501459614673
NIFTYNXT5071021712047150171685719827216672463

FII/FPI & DII trading activity on NSE, BSE and MSEI in Capital Market Segment 16th Jun 2026

Category Value
FII/FPI-749.18Cr
DII +0.06Cr

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