Nifty 50, Sensex Today: What to expect from Indian Stock Market in Trade on June 19 After Us Federal Reserve Policy

The Indian Stock Market Benchmark Indices, Sensex and Nifty 50, Are Likely to Extended Losses and Open Lower on Chiursday after the announsement of the US federal reservo policy, and cautiousness amid the ongoing Israel -ran war.

The trends on gift nifty also indicate a weak start for the Indian Benchmark Index. The gift nifty was trading Around 24,740 Level, a discount of Nearly 87 points from the nifty futures’ Previous close.

The us federal reserve decided to keep the benchmark interest rates steady at 4.25% to 4.5%, While The Federal Open Market Committee (FOMC) Officials Expect to Cut the Interest Rates by a Total of 50 Basis Points (BPS), or 0.50%, in 2025.

On Wednsday, The Domestic Equity Market Extended Fall for the Second Straight Session to End Lower.

The sensex declined 138.64 points, or 0.17%, to close at 81,444.66, while the nifty 50 settled 41.35 points, or 0.17%, lower at 24,812.05.

Here’s what to expect from nifty 50 and bank nifty today:

Nifty 50 prediction

Nifty 50 slipped 0.17% to end at 24,812.05, forming a daily candle with a high wick on the upper side with a small body.

“Nifty 50 Again Failed to Surpass the Crucial Resistance Level of 25,000, concluding the session on a weak note. Despite this intraday pressure, the nifty remain in a consolidation Possition Possitonal 24,700 now serving as a key support level on the downside.

According to Om Mehra, Technical Research Analyst, Samco Securities, The NIFTY 50 Index Remained Within A Tight Consolidation Band as it has Struggled to Cross the 25,000 Zone Over the PAST SESSS. The absence of follow-through buying reflects hesitation at higher levels.

“Nifty 50 Slipped Below The 20 Ema, While The Broader Trend Remains intact as the price trades about the 50-day sma. The Daily RSI has declined further to 53 and content to exhirte a download for Its recent peak of nearly 62. Crossed Below the -Di, Suggessting a WeaKening Trend Strength, “Mehra Said.

A Breach Below 24,680 Cold Accelerate Short-Term Weakness, While Resistance Remains at 24,940, Followed by 25,000, he added.

Vla Ambala, co-founder of stock market today said that the nifty 50 formed a bearish shooting star pattern at the daily time frame, closing the session in the red zone.

“According to Technical Charts, NIFTY 50 WAS Near the 20-Day EMA, with its rsi at 52. Nifty 50 could Gather Support Between 24,650 and 24,520 and 24,520 and Meet Resistance Near 24,850 and 24,850 and 24,890,” Ambala SAID.

Bank nifty prediction

Bank Nifty Index Closed 114.60 points, or 0.21%, Higher at 55,828.75 on Wednsday, Forming A Small Bull Candle with a Small Upper Shadow, Signing Consolidation.

“Going ahead, only a sustained close Above The 56,000 Mark Block Pave The Way For Further UPSIDE TOWARDS The 56,600 and 57,000 Levels. However, Inability to Surpass this Hurdle May Result in Constinued-Bounded Price Action Between 56,000 and 55,000, with a likely shift in focus to stock-specific moves, ”said bajaj broking research.

According to the brokerage firm, on the downside, a decisive break down below the 55,000 mark would invalidate the current consolidation structure and openst of a retest of the key support zone in the 54,000 – 54,000 – 54,000 – 54,000 – 54,000 – 500 – 54,000 Agones in in The coming sessions.

Om mehra highlighted that the bank nifty index respected the trendline draws from the may lows and continues to hold Above the SUPERTREND Level of 55,000.

“The Daily RSI Stands at 53, Recovering from Lower Zones But Still Bell Bell Bell Bell Bell Bell Bell Bell Bell Bell Bell Bell Bell Bell Below Neutral stance Directional Move is Likely once eater side is breedd.

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