Daily_Equity_Technical_16.06.2026

Published on 16th June 2026
Technology

The new week began on a buoyant note, with NIFTY opening the session with a notable gap of nearly 350 points. However, the initial optimism was short-lived, as profit booking emerged soon after the open, gradually eroding the early gains. Sellers continued to exert pressure through the session, with prices drifting lower gradually and no meaningful recovery emerging thereafter. The index eventually wrapped up the day at the 23853 mark, registering gains of 0.98%.

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