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Nifty Set For Negative Open As Fed Fails To Excite; Iran-Israel Conflict Rages On|Opening Bell Live

US Federal Reserve’s decision to keep interest rates steady and the ongoing conflict between Israel and Iran continues to dent sentiment. Asia is on the back foot with the GIFT Nifty hinting at a negative start. US markets ended narrowly mixed. The Nifty 50 remained in a tight range of 24,700–25,000 for the third consecutive day and closed the consolidative session with moderate losses of 41 points on June 18, as traders maintained caution ahead of the Federal Reserve policy outcome. According to experts, unless the index breaks the range on either side, consolidation may continue. Below the lower boundary, 24,500 is the key level to watch; beyond 25,000, 25,200 is the possible resistance. Hero Moto and Jio Financial are anong the stocks to watch out for. Catch Nandita Khemka in conversation with Peter Cardillo, Chief Market Economist, Spartan Capital Securities, Chandan Taparia, Senior Vice President, Head - Derivatives & Technical Research at Motilal Oswal & Sunil Subramaniam, Market Expert.

first published: Jun 19, 2025 08:58 am