SHORT - TERM CALLS

May hit 115 soo

CRUDE COMING DOWN IS VERY GOOD FOR TYRE COMPANIES

103

WPIL CML 465 TGT 490 - 515 SL 438

Agar Sach hua toh toh 24400 Varna 22900

MKT FLYING BASED ON THIS NEWS

AVG 187

102 starting

AVG 184

TOLINS TYRES CMP 100 TGT 108 - 129 SL 92

Avg 181

KWIL CMP 37 TGT 41 - 46 SL 32

AVG LOGISTIC CMP 172.5 TGT 184 - 197 SL 161

🌅 GOOD MORNING TRADERS 💶 HAVE A PROFITABLE DAY

Superb rally in Asian markets 🥳

Positive news 🥳

*ECB Hikes Rates for the First Time Since 2023* 📍The ECB raised interest rates by 25 basis points at its June 2026 meeting, the first increase since 2023, as policymakers emphasized their commitment to anchoring inflation at the 2% medium-term target. 📍The move follows rising energy costs and persistent inflation risks driven by the Iran conflict and disruptions to oil shipments through the Strait of Hormuz. 📍The ECB stated that the Middle East war is amplifying inflationary pressures, and the rate increase is supported across scenarios assessing its impact on the euro area’s outlook. 📍The ECB also revised its inflation forecasts upward, now expecting headline inflation to reach 3.0% in 2026 (up from 2.6%) and 2.3% in 2027 (up from 2.0%). 📍Core inflation was also raised to 2.5% for both 2026 and 2027, from previous estimates of 2.3% and 2.2%, respectively.

🌅 Pre-Market Update 🌟 📈 Wall Street Rallies as US-Iran Tensions Ease 🔹 Dow Jones ⬆️ 1.86% to 50,848.75 🔹 S&P 500 ⬆️ 1.75% to 7,394.30 🔹 Nasdaq ⬆️ 2.54% to 25,809.66 🌏 Asian Markets 🔸 Asian equities surged following strong gains on Wall Street. 🔸 Investor sentiment improved after reports that US President Donald Trump called off planned military strikes against Iran. 🔸 Optimism around a potential US-Iran peace agreement boosted risk appetite. ✨ GIFT Nifty signals a strong start, with Nifty Futures trading near 23,502, a premium of around 100 points. 📈 📉 Yesterday’s Indian Markets 🔻 Sensex fell 150.63 points (0.20%) to 73,832.55 🔻 Nifty 50 declined 53.35 points (0.23%) to 23,161.60 🔻 Pharma, private banking and media stocks outperformed despite broader weakness. 🌍 Key Global Triggers 🇺🇸 US Producer Price Index (PPI) rose 1.1% MoM and 6.5% YoY, signaling persistent inflation pressures. 🇪🇺 ECB raised its key deposit rate by 25 bps to 2.25%, marking its first rate hike in nearly three years. 🇮🇳 World Bank projects India's GDP growth at 6.6% in FY27, retaining its position as the fastest-growing major economy. 🛢️ Oil Prices ⛽ Brent Crude: $89.17/bbl ⬇️ 1.3% ⛽ WTI Crude: $86.48/bbl ⬇️ 1.4% ⛽ Oil prices slipped as geopolitical concerns eased. 🥇 Gold Prices 💰 Spot Gold: $4,200.82/oz ⬇️ 0.3% 💰 Gold is headed for a weekly decline of nearly 2.8%. 💲 US Dollar 💵 Dollar steadied after touching a one-week low. 💵 USD/JPY: 160.07 💵 Euro: $1.1576 💸 Institutional Activity (June 11) 🔴 FII Sold: ₹1,987 Cr 🟢 DII Bought: ₹4,224.51 Cr 🚫 F&O Ban Today ⛔ Kaynes Technology 👀 Stocks in Focus 🏦 Tata Capital 📡 ITI Limited 💻 Cyient ⚙️ Ratnaveer Precision Engineering 🔌 GNG Electronics 💰 Edelweiss Financial Services 👕 SP Apparels 🏭 Vedanta Iron and Steel 🧴 Dabur India 🏦 Federal Bank 📊 Nifty Levels to Watch 🟢 Support Zone: 23,100 – 23,000 🔴 Resistance Zone: 23,304 and 23,542 ✨ Markets look set for a positive opening. Investors will closely monitor global developments, institutional flows and key technical levels through the session.