Daily Forecast – Share Market – June 17th, 2026

Nifty may look for 24000 | Foreign cues/crude better | Volatility not a surprise

Jupiter leads the day with Saturn, Sun, Mars, Rahu, Ketu and Venus. Indications from Nakshtras, chances of healing of the market will be at least till 13:32 Hrs (IST). Changes in the pattern may be seen during the remaining trading period.

Geo-political issues – since, Mars is transiting from the nakshtra which is ruler of Sun and Sun is transiting from the Nakshtra of Mars. So, interchange of this position may give some advantage to the geo-political situation. Chances of U-turn for international deal for the peace (for the time being) is minimized.

Anyways, chances of Strait of Hormuz is now better. Crude oil prices may further come down, but prices of Petrol and Diesel with Gas may not come down. Nifty may look for 24050 or so.

We may see some changes in pattern (chances) after 13:32 Hrs (IST).

INR may get strength, better word will be pressure on USD. Banks and gold may show some better moves. Watch and use IT, at least till 19-06-2026 (lunch session). Similarly, we may see some movements in logistics, travels and tours, aviation, cargo, chances of improvement in shipping, Pharmaceuticals, textiles, leather, Gems, and many more like sugar, alcohol, non-traditional segments, with issues for education related segments.

Foreign cues may increase some tension for the leader of nation or words of foreign leader may not be decent for the nation, but it may not give direct impact on the market during the week.

Some issue may try to command the market or dictate the pattern of trade. Possibly news from Judiciary or from government agency etc.

Nifty may look for 24050, on the lower side Nifty may test 23700 (just a weak chance).

Crude oil may remain cool and ready to test 76 USD, on upper side may look for 81 USD.

Indian Currency

Indian Rupee may trade in between 94.00 to 94.70 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.