The SGX Nifty June 2026 futures are currently trading 141.00 points higher, indicating a positive opening for the benchmark index today.
Institutional Flows:
On 16 June 2026, provisional data indicated that foreign portfolio investors (FPIs) divested shares amounting to Rs 101.59 crore, whereas domestic institutional investors (DIIs) emerged as net buyers, acquiring shares valued at Rs 1,561.40 crore in the Indian equity market. The foreign institutional investors have divested shares amounting to Rs 46,877.96 crore thus far in June (up to 17 June 2026). This follows their cash sales of Rs 55,963.33 crore in May, Rs 70,135.46 crore in April, and Rs 122,540.41 crore in March.
Global Markets:
Asian markets exhibited a mixed performance on Thursday following indications from the US Federal Reserve regarding the potential for a rate hike within the year. Wednesday marked the inaugural meeting of the Federal Reserve under the leadership of Kevin Warsh at the U.S. central bank. At the conclusion of the meeting, the Fed maintained the benchmark federal funds rate at a steady range of 3.5% to 3.75%.
Policymakers’ “dot plot” indicated that multiple Fed officials anticipate an increase in interest rates by 2026. The median estimate for the year-end interest rate currently stands at 3.8%, an increase from the 3.4% projected in March. This indicates that at least one rate hike may be anticipated in 2026. Complicating the forecast was Warsh’s decision to refrain from providing a rate forecast. Overnight on Wall Street, stocks declined on Wednesday, while Treasury yields increased, as investors became uncertain regarding the trajectory of monetary policy following indications from several Federal Reserve officials that a rate hike could occur this year to mitigate inflation.
The Dow Jones Industrial Average declined by 507.12 points, representing a decrease of 0.98%, following a moment when it reached a new all-time intraday record — marking the index’s third consecutive high. The 30-stock index concluded at 51,492.55. The S&P 500 experienced a decline of 1.21%, concluding the session at 7,420.10. The Nasdaq Composite declined by 1.34%, concluding the session at 26,021.66.
Domestic Market:
The benchmark indices extended their rally for a fourth consecutive session on Wednesday, bolstered by widespread purchasing across various sectors. The Nifty concluded the trading session above the 24,050 threshold, propelled by gains in PSU banks, metals, and consumer durables sectors, whereas auto and real estate stocks underperformed. However, the upside was constrained by apprehensions regarding a delay in monsoon progress, which heightened concerns about food inflation and its possible repercussions on the economy.
The S&P BSE Sensex advanced 347.14 points or 0.45% to 77,155.62. The Nifty 50 index experienced an increase of 96.55 points, reflecting a rise of 0.40%, reaching a level of 24,085.70. In a span of four sessions, the Sensex experienced a notable increase of 4.50%, whereas the Nifty recorded a gain of 3.99%.