📊 Market Overview – June 17

🔄 Volatility Persists:

• Nifty trades around 24,750, fluctuating through the session
• 📉 Nifty Smallcap 100 slips sharply by 1.22%

🌐 Global Cues & Opening Trends:

• 🌍 Indian markets opened cautiously amid global uncertainty
• 📈 Nifty opened at 24,732.35, gained nearly +70 pts
• 📈 Sensex opened at 81,034.45, recovered to rise 200+ pts

🚢 Sector Spotlight:

• 🛡️ Defence & Shipping stocks continue to rally
• 🧪 Chemical stocks surge led by Bharat Rasayan

📉 Smallcap Pressure:

• Despite largecaps performing well, smallcaps remain under pressure

📈 Futures & Commodities:

• 📊 GIFT Nifty trades with an 80+ pt uptick, indicating a gap-up opening
• 🪙 Gold approaches record highs again amid global risk-off mood
• 💼 US futures stable post-Friday’s Wall Street sell-off

📌 Key Stock Actions:

• 💸 Bajaj Finance trades ex-bonus & ex-stock split today
• 🛍️ Vishal Mega Mart & 🧪 Sai Life Sciences: Lock-in period ends today