Technical
Bulls in the Driver’s Seat
The Nifty consistently faced resistance around the 24100 level during the day.
At a crucial crossroads
The Nifty is approaching a crucial resistance level of 24100 ahead of the US FOMC meeting.
Inching higher
The follow-through buying in the Nifty after June 15, trendline breakout is encouraging.
Falling trendline breakout
After a gap-up opening, the Nifty breached the resistance line with a gap, which augurs well for the bulls.
Commodities
Gold – Bearish Trend Intact
MCX Gold price slips down by -2.16% in today’s opening sessions.
Fed holds rates with hawkish tone; 9 members see a hike this year
Hawkish shift opens the door to Fed rate hikes
Commodity Info Kit dated June 18, 2026
Day to day update of price, volume and open interest in commodities.
Eagle Eye Commodity dated June 18, 2026
Day to day update of levels for commodities.
F&O
Derivatives Info Kit dated June 17, 2026
Day to day update of key PCR and change in open interest data for key indices and F&O stocks
Derivatives Info Kit dated June 16, 2026
Day to day update of key PCR and change in open interest data for key indices and F&O stocks
Derivatives Info Kit dated June 15, 2026
Day to day update of key PCR and change in open interest data for key indices and F&O stocks
Derivatives Info Kit dated June 12, 2026
Day to day update of key PCR and change in open interest data for key indices and F&O stocks
Macro & Strategy
US CPI report: inflation accelerates in May
US’s CPI inflation heated up again in May as the US-Iran war pushed up energy prices; the figure climbed 4.2% y-o-y (forecast 4.2%), the most since early 2023.
Navigating global headwinds; attracting foreign flows
The RBI kept the repo rate unchanged at 5.25% at its June monetary policy and maintained a neutral stance.
Dominance to Diversification: Gold’s Share in Global FX Reserves
We expect global central banks to increase their gold holdings further despite their need for yield, intervention ease and liquidity.
Arc_Commodity_May13_2026
Gold comprises roughly 17% of the RBI’s forex reserves as of end-March
Fundamental
Wading through stormy times
May was a month of mayhem, after a sharp recovery in April. At a time, when domestic GDP growth was steady and SIP flows were at all-time highs, a cocktail of headwinds rocked the markets - Soaring cr
Unichem ramp-up holds key; valuations favourable
We value the stock closer (marginally above) to its historic average + 1-SD standard deviation, at 32x on FY28E EPS of Rs. 57.8 and retain a Buy rating and a price target of Rs. 1,850.
5 Curated Stock Ideas for June 2026
Corporate earnings is the flavour on the street and we bring you a curated bouquet of five stocks that could give your portfolio an edge. Each idea combines technical and fundamental growth drivers.
Aggressive capex additions on the back increased order inflow
We value the stock at 52x on FY28E EPS of Rs. 143.9 and arrive at PT of Rs. 7,482 and retain Buy rating.
Mutual fund-related information provided on this platform are generated exclusively by Mirae Asset Sharekhan's internal Product Team, utilizing data and insights backed by reputable Third-Party Research Rating agencies. Please note that these outputs and product selections are independent and do not fall under the purview, supervision, or editorial control of the Mirae Asset Sharekhan Research Team. Investors should read all scheme-related documents (SID/KIM) carefully before investing in Mutual Funds and consult a professional advisor to ensure alignment with their financial goals and risk profile.
Mutual Fund
Investment Strategy – June 2026
Markets remained largely neutral in May 2026 and in the near term, they are expected to be driven by global uncertainties.
Top Picks - June 2026
For June 2026, we have replaced schemes in “Focused, mid cap and thematic” categories.
Investment Strategy – May 2026
The West Asia conflict continued to weight on global market volatility and for India
Top Picks - May 2026
For May 2026, we have replaced “NJ Flexi Cap Fund” with “Helios Flexi Cap” and “JM Small Cap Fund” with “Helios Small Cap”.
ETF
Diversified basket for volatile times
This month, our ETF picks include funds from the consumption, pharmaceuticals and banking sectors.
Precious metals face headwinds in short run, to shine in the long-to-medium term
Silver prices plunged after hitting a record high of $121.65 on January 29, 2026. Silver, currently at $78.60, is up by ~9% YTD.
Diversify with PSU, Pharma ETFs, eyeing long-term growth
In the current volatile market, we recommend shifting focus to defensive sectors via select PSU and Pharma ETFs.
Budget and trade deal tailwinds awaited
Defence and Pharma sectors are poised for rebound on budget policy tailwinds and trade deals, offering structural growth while anchoring portfolios amid economic uncertainty.
