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Indian Equity Markets — Weekly Report
Week of 22–26 June 2026 | Report compiled: Wednesday, 24 June 2026, ~15:41 IST
⚠ Scope note: This report covers Monday 22 Jun through Wednesday 24 Jun (midday). Thursday 26 Jun data is pending — week not yet closed.
Executive Summary
- Mixed week so far. Nifty 50 gapped up on Monday to close at 24,102.90 (+0.37%), but Tuesday saw a sharp reversal described as a "₹6 lakh crore D-Street rout" — erasing Monday's gains and more in a single session.
- US–Iran peace talks in Switzerland are the dominant macro event of the week; outcome remains binary and is the single largest driver of crude oil price swings, which cascade directly into India's CAD, rupee stability, and FII risk appetite.
- Crude oil = the swing factor. Pre-week optimism was built on softer crude (analysts cited Nifty 24,500 as a realistic target); Tuesday's oil price spike reversed that thesis abruptly.
- FII flows mixed. FIIs were net buyers in the prior week (Jun 15–19); this week's direction is uncertain post-Tuesday's volatility (flagged — intraday flow data not confirmed in sources).
- India VIX dropped sharply in the prior week, signalling complacency; Tuesday's rout has likely re-priced volatility upward. Specific post-rout VIX level is not confirmed in available data — flagged uncertain.
What Moved & By How Much
| Instrument / Indicator | Prior Week Close (Jun 19) | Mon 22 Jun Close | Δ Mon vs Fri | Data Status |
|---|---|---|---|---|
| Nifty 50 | ~24,000–24,050 (estimate) | 24,102.90 | +0.37% | ✅ Confirmed (RMoney) |
| Nifty intraday range (Mon) | — | 24,106.60 open → 24,168.05 high → 24,102.90 close | 70-pt range | ✅ Confirmed |
| Sensex | — | Gap-up open (directional only) | — | ⚠ Level not in sources |
| Bank Nifty | — | — | — | ⚠ Not in sources |
| India VIX | Sharp drop (Jun 15–19) | Likely higher post-Tue rout | — | ⚠ Uncertain |
| Crude Oil (Brent) | Softer / ea |