📈 Market Update – 17 June 2026 $WIPRO $INFY $RELIANCE

📈 Market Update – 17 June 2026 Indian markets are expected to open on a cautious-to-positive note after a strong 3-session rally. Lower crude oil prices and easing geopolitical tensions continue to support sentiment, while investors await the U.S. Federal Reserve's policy decision for further cues. 📊 Previous Session Highlights Sensex closed at 76,808, up 544 points (+0.71%) Nifty closed at 23,989, up 135 points (+0.57%) India VIX fell sharply, indicating lower market volatility. 🔍 Key Market Drivers Today ✅ Crude oil prices remain under pressure after the US-Iran peace framework, positive for India as a major oil importer. ✅ Banking, IT and consumption stocks continue to attract buying interest. ✅ Fed policy outcome and commentary will be closely watched by global investors. ✅ FII selling remains a concern despite the recent market rally. 📌 Stocks in Focus Reliance Industries – Reports suggest progress on a potential Jio IPO. Infosys – AI-related business developments remain in focus. Wipro – New AI initiatives could support sentiment. Railway and infrastructure stocks may remain active after recent policy announcements. 🎯 Strategy for Today Nifty support: 23,850 – 23,900 Nifty resistance: 24,050 – 24,150 Buy on dips approach remains favorable while Nifty sustains above 23,850. Focus on Banking, IT, Capital Goods and Infrastructure stocks. Market View: The short-term trend remains bullish, but after a sharp rally, some profit booking near the 24,000–24,150 zone cannot be ruled out. Keep a stock-specific approach.