📈 DAILY MARKET UPDATE
📅 Date – 30 June 2026
1️⃣ VERY IMPORTANT NEWS
• US and Iran are scheduled to hold talks in Doha, with focus on Strait of Hormuz shipping routes and deescalation.
• India's May Industrial Output (IIP) grew 5.1% YoY, led by capital goods and electricity.
• HDFC Bank appointed Rajiv Kumar as Parttime Chairman (subject to RBI approval); Axis Bank CFO resigned; SBI approved fundraising up to ₹16,000 crore.
🌍 GLOBAL MARKET
✔️ US Markets:
• Dow Jones +0.59%
• S&P 500 +1.18%
• Nasdaq +2.07%
✔️ Asia Market Update:
• Nikkei +1.4%
• Kospi +1.2%
• ASX 200 flat to slightly positive
✔️ Gift Nifty Signal:
• Around 23,960 indicating a flat to mildly positive opening
✔️ Crude Oil:
• WTI around $70/barrel, recovering on Strait of Hormuz concerns
✔️ Dollar Index:
• Stable; no major overnight movement
✔️ Volatility Index (VIX US):
• Remained relatively subdued despite geopolitical headlines
🇮🇳 INDIAN MARKET OVERVIEW
✔️ Sector Trend:
• Positive: Banking (HDFC Bank), Capital Goods, Power, Pharma
• Weak: IT, Auto
✔️ Market Sentiment / Trend:
• Neutral to mildly bearish below 24,000
• Monthly expiry likely to increase volatility
✔️ Volatility (India VIX):
• Around 13.6 (up nearly 5%)
💰 FII & DII DATA
✔️ FIIs:
• Net Sellers: ₹1,350 Cr
✔️ DIIs:
• Net Buyers: ₹2,800 Cr
📊 COMMODITIES UPDATE
✔️ Crude:
• Around $70/barrel
✔️ Gold:
• Weak; down around 1.7%
✔️ Silver:
• Slightly weak following gold
📊 OPTIONS DATA (OI BUILDUP)
✔️ Call OI:
• Highest at 24,000
• Fresh call writing at 24,000 and 24,100
✔️ Put OI:
• Highest at 23,500
• Fresh put writing at 23,800 and 23,700
✔️ PCR:
• Around 0.87 (Bearish bias)
📈 NIFTY LEVELS
✔️ Trend:
Neutral to Bearish below 24,000
• Immediate Support: 23,925
• Major Support:
23,850 – 23,800
• Immediate Resistance:
24,000
• Strong Resistance:
24,050 – 24,100
📉 BANK NIFTY LEVELS
✔️ Trend:
Rangebound with positive bias in banking stocks
• Immediate Support:
53,900
• Major Support:
53,600
• Immediate Resistance:
54,200
• Strong Resistance:
54,500
📊 STOCKS / SECTORS IN NEWS
• HDFC Bank – New Chairman appointment; expected positive sentiment
• Axis Bank – CFO resignation; likely to remain in focus
• SBI – ₹16,000 crore fundraising approved
📊 STOCK SETUPS TO WATCH
• HDFC Bank
• SBI
• Capital Goods & Power stocks (supported by strong IIP data)
🎯 EXPECTED TRADING RANGE TODAY
✔️ Nifty Range:
23,800 – 24,100
✔️ Bank Nifty Range:
53,600 – 54,500
📅 IMPORTANT DATA / EVENTS TODAY
• US–Iran talks in Doha (geopolitical trigger)
• UK GDP, Germany Unemployment Data, US JOLTS Job Openings (after Indian market hours)
🎯 INTRADAY TRADING VIEW
👉 Above 24,000, Nifty may attempt 24,050–24,100.
👉 Below 23,925, selling pressure may extend towards 23,850–23,800.
👉 Expect sharp expiryday volatility and avoid aggressive positions without confirmation.
📌 QUICK SUMMARY
• Global cues are positive, but Gift Nifty remains flat.
• Monthly expiry and US–Iran developments may keep volatility high.
• 24,000 remains the key level; above it buyers gain strength, below 23,925 sellers may dominate.