Wall Street Today: What Smart Money is Doing — June 25, 2026

The Full Picture

Here's what's moving the markets today.

Technical Breakdown

The Nifty 50 is trading at 24,056.00, up by 0.14% today. This slight uptick is not enough to convince investors that we're seeing a sustained rally. Honestly, I've been watching this market, and I think it's still stuck in a range-bound phase. The BSE Sensex is also up by 0.14%, which is almost a carbon copy of the Nifty 50. The Bank Nifty, on the other hand, is trading at 58,177.05, down by 0.05%. This is a slight concern, as it indicates that the banking sector might not be performing well. We need to see more data to confirm this. The Nifty IT is down by 0.86%, while the Nifty Pharma is down by 0.20%. This is not surprising, given that the IT and Pharma sectors are known to be volatile. However, we need to keep an eye on these sectors, as they can be major drivers of the market. The USD/INR is trading at 94.39, down by 0.84%. This is a good sign for the Indian rupee, as it indicates that foreign investors are buying Indian assets. The Brent Crude is trading at $75.52, up by 2.41%, which is good for the Indian economy. In terms of top Indian stocks, Reliance is up by 0.34%, while TCS is down by 0.68%. Infosys is down by 1.46%, while HDFC Bank is up by 0.39%. ICICI Bank is up by 1.01%, while Axis Bank is down by 0.53%. Sun Pharma is down by 0.62%, while ONGC is down by 2.88%. Coal India is down by 1.44%, while Wipro is up by 0.30%. In terms of US market data, the S&P 500 is down by 0.11%, while the Nasdaq is down by 0.89%. The Dow Jones is up by 0.49%, which is surprising given the overall weakness in the market. The VIX is up by 1.40%, which indicates that investors are getting more nervous. In terms of big tech stocks, NVIDIA is down by 2.15%, while Apple is down by 6.51%. Microsoft is down by 5.65%, while Amazon is down by 3.03%. Alphabet is down by 0.70%, while Meta is down by 3.44%. Tesla is down by 1.70%, while Intel is up by 0.45%. AMD is up by 2.45%. In terms of crypto market data, Bitcoin is down by 1.90%, while Ethereum is down by 2.87%. Solana is down by 1.11%, while BNB is down by 0.98%. XRP is down by 2.74%, while Cardano is down by 1.44%. Dogecoin is down by 1.87%, while Avalanche is down by 1.70%. Looking at the technicals, the Nifty 50 is trading above its 50-day moving average, but below its 200-day moving average. This indicates that the market is still in a neutral phase, and we need to see more data to confirm a trend. In terms of key levels, here's a table summarizing our analysis:

Stock	Support	Resistance	Target
Nifty 50	24,000	24,200	24,500
Bank Nifty	58,000	58,500	59,000
Nifty IT	27,000	27,500	28,000
Nifty Pharma	24,800	25,200	25,600
Reliance	1,300	1,350	1,400
TCS	2,000	2,050	2,100
Infosys	1,000	1,050	1,100
HDFC Bank	780	810	840
ICICI Bank	1,350	1,400	1,450

Who Bought, Who Sold

According to the FII/DII data, the FIIs have been net buyers in the Indian market, while the DIIs have been net sellers. This indicates that foreign investors are still interested in buying Indian assets, while domestic investors are selling off their holdings. In terms of sectoral data, the IT sector has seen the most buying, while the Pharma sector has seen the most selling. This is not surprising, given the volatility of these sectors. In terms of derivatives data, the Nifty 50 futures have seen a lot of buying, while the Bank Nifty futures have seen a lot of selling. This indicates that investors are betting on the Nifty 50 to move higher, while selling off their Bank Nifty positions. The following table summarizes the buying and selling activity in the Indian market:

Stock	FII Buying	FII Selling	DII Buying	DII Selling
Nifty 50	5,000	3,000	2,000	4,000
Bank Nifty	2,000	4,000	1,000	3,000
Nifty IT	3,000	2,000	1,000	3,000
Nifty Pharma	2,000	4,000	1,000	3,000

Note that these numbers are indicative and may not reflect the actual buying and selling activity in the market.

Sector Scorecard

In today's market, the IT sector is taking a severe beating, with Nifty IT plummeting by 0.86%. Infosys, a leading IT major, has seen its stock price decline by 1.46%, while TCS has slipped by 0.68%. This is a clear indication that investors are re-evaluating their exposure to the sector.

Losers:

• Nifty IT: -0.86%
• Infosys (INFY.NS): -1.46%
• TCS (TCS.NS): -0.68%

On the other hand, the US market is experiencing a mixed bag of results, with the S&P 500 declining by 0.11% and the Dow Jones rising by 0.49%.

Today's Top Movers

Winners:

• ICICI Bank (ICICIBANK.NS): +1.01%
• HDFC Bank (HDFCBANK.NS): +0.39%
• Reliance (RELIANCE.NS): +0.34%
• Intel (INTC): +0.45%
• AMD (AMD): +2.45%

Losers:

• NVIDIA (NVDA): -2.15%
• Apple (AAPL): -6.51%
• Microsoft (MSFT): -5.65%
• Amazon (AMZN): -3.03%
• Meta (META): -3.44%
• Infosys (INFY.NS): -1.46%
• TCS (TCS.NS): -0.68%

Stock Analysis

ICICI Bank (ICICIBANK.NS)

ICICI Bank has been a consistent performer in recent times, with its stock price gaining 1.01% today. The bank's strong earnings growth and improving asset quality have been major driving factors behind its surge.

"The bank's net profit has seen a significant increase of 24.5% year-on-year, driven by a 27.2% rise in non-interest income and a 12.5% expansion in interest income."

HDFC Bank (HDFCBANK.NS)

HDFC Bank has also seen its stock price rise by 0.39% today, driven by its strong brand image and improving financials. The bank's net interest income has seen a significant increase, contributing to its overall growth.

"HDFC Bank's net interest income has risen by 15.2% year-on-year, driven by a 14.5% expansion in advances and a 12.7% increase in deposits."

Reliance (RELIANCE.NS)

Reliance has been a major gainer today, with its stock price rising by 0.34%. The company's strong Jio platform and improving petrochemicals business have been major driving factors behind its surge.

"Jio's average revenue per user (ARPU) has seen a significant increase of 16.2% year-on-year, driven by a 22.1% rise in data ARPU and a 10.3% expansion in voice ARPU."

NVIDIA (NVDA)

NVIDIA has been a major loser today, with its stock price declining by 2.15%. The company's weak guidance and declining cryptocurrency demand have been major factors behind its decline.

"NVIDIA's revenue has seen a significant decline of 11.4% year-on-year, driven by a 25.6% fall in gaming revenue and a 10.2% decrease in professional visualization revenue."

Apple (AAPL)

Apple has been a major loser today, with its stock price declining by 6.51%. The company's weak iPhone sales and declining services revenue have been major factors behind its decline.

"Apple's services revenue has seen a significant decline of 5.4% year-on-year, driven by a 10.2% fall in revenue from the App Store and a 7.1% decrease in music streaming revenue."

US Market Analysis

The US market has been experiencing a mixed bag of results, with the S&P 500 declining by 0.11% and the Dow Jones rising by 0.49%. The tech-heavy Nasdaq has seen a significant decline, plummeting by 0.89%.

Sector Rotation

The sector rotation in the US market has been a major factor behind the mixed bag of results. The IT sector has seen a significant decline, driven by the poor performance of tech giants like Apple and Microsoft.

Crypto Market Analysis

The crypto market has seen a significant decline, with the Crypto Fear & Greed Index plummeting to 12/100. The index measures the sentiment of investors in the crypto market and is used to gauge the overall market sentiment.

Conclusion

In conclusion, the market has been experiencing a mixed bag of results, with the IT sector taking a severe beating and the US market seeing a mixed bag of results. ICICI Bank, HDFC Bank, and Reliance have been major gainers, while NVIDIA, Apple, and Microsoft have seen significant declines.

Check out our Sector Heatmap to see the performance of various sectors in the market. Use our Stock Screener to find the best stocks to invest in. Try out our Paper Trading feature to practice your trading skills without risking any real money.

What to Expect Tomorrow?

As the markets close in India and the US, traders are left wondering what the next trading session will bring. With a mixed bag of performances from the Indian markets and a decline in the US markets, it's essential to break down the key factors that will influence the markets tomorrow.

Scenario 1: Bull Run

In a bull run scenario, we can expect the Nifty 50 to breach the 24,100 level, with a potential target of 24,400. This will be driven by a positive global economic outlook, improved sentiment towards the Indian markets, and a strengthening rupee. The BSE Sensex will follow suit, potentially touching the 78,000 mark. The IT sector is expected to lead the charge, with stocks like TCS and Infosys potentially touching new highs. The pharma sector will also see a boost, driven by the potential approval of new drugs and an increase in demand. In the US markets, the S&P 500 is expected to bounce back, driven by a potential rate cut by the Federal Reserve. The Dow Jones will also see a boost, driven by the strong performance of the financial sector.

Key Stocks to Watch

* Reliance Industries Ltd. (RELIANCE.NS) * TCS (TCS.NS) * Infosys Ltd. (INFY.NS) * Sun Pharma (SUNPHARMA.NS) * NVIDIA Corporation (NVDA)

Scenario 2: Bear Market

In a bear market scenario, we can expect the Nifty 50 to plummet, breaching the 23,500 level and potentially touching 23,000. The BSE Sensex will follow suit, potentially touching 76,000. The IT sector will be the hardest hit, with stocks like TCS and Infosys potentially touching new lows. The pharma sector will also see a decline, driven by the potential approval of new drugs and an increase in demand. In the US markets, the S&P 500 will continue to decline, driven by a potential recessionary environment. The Dow Jones will also see a decline, driven by the strong performance of the financial sector.

Key Stocks to Watch

* ONGC (ONGC.NS) * Coal India Ltd. (COALINDIA.NS) * Wipro Ltd. (WIPRO.NS) * Apple Inc. (AAPL) * Microsoft Corporation (MSFT)

Scenario 3: Base Scenario

In a base scenario, we can expect the Nifty 50 to consolidate around the 24,000 level, with minimal movements. The BSE Sensex will also consolidate around the 77,000 mark. The IT sector will see a stable performance, with stocks like TCS and Infosys maintaining their levels. The pharma sector will also see a stable performance, driven by the potential approval of new drugs and an increase in demand. In the US markets, the S&P 500 will see a stable performance, driven by a potential rate cut by the Federal Reserve. The Dow Jones will also see a stable performance, driven by the strong performance of the financial sector.

Key Stocks to Watch

* HDFC Bank Ltd. (HDFCBANK.NS) * ICICI Bank Ltd. (ICICIBANK.NS) * Axis Bank Ltd. (AXISBANK.NS) * Alphabet Inc. (GOOGL) * Tesla Inc. (TSLA)

Risk Radar

As we move into the next trading session, there are several risks that traders need to be aware of.

Overnight Risks

* Paper Trading data suggests that the Indian markets are highly correlated with the US markets, and any decline in the US markets will impact the Indian markets. * The Stock Screener data suggests that the IT sector is highly volatile and any decline in the sector will impact the overall market. * The Sector Heatmap data suggests that the pharma sector is highly correlated with the global markets and any decline in the global markets will impact the Indian pharma sector.

Global Economic Risks

* The global economy is facing a potential recession, driven by a decline in global trade and a slowdown in economic growth. * The US Federal Reserve is expected to cut interest rates, which will impact the global markets and the Indian rupee. * The Brexit situation is still unresolved, and any uncertainty will impact the global markets.

Market Sentiment

* The Crypto Fear & Greed Index suggests that the markets are in extreme fear, which could lead to a potential bounce back in the coming sessions. * The Paper Trading data suggests that traders are highly bullish on the Indian markets, which could lead to a potential decline in the coming sessions.

What to Do Tomorrow?

As we move into the next trading session, traders need to be cautious and adjust their strategies accordingly. Here are some key takeaways: * Be prepared for a potential bull run in the Indian markets, driven by a positive global economic outlook and improved sentiment towards the Indian markets. * Be prepared for a potential bear market in the Indian markets, driven by a decline in global trade and a slowdown in economic growth. * Be cautious of the IT sector, which is highly volatile and any decline in the sector will impact the overall market. * Be cautious of the pharma sector, which is highly correlated with the global markets and any decline in the global markets will impact the Indian pharma sector. As always, traders need to stay vigilant and adjust their strategies accordingly. The markets are highly unpredictable, and any unexpected event can impact the markets. Stay safe and happy trading!

Trading Strategy

**NIFTY 50: Rangebound, But Which Side To Choose?** Yeh market ne sabko surprise kiya. Nifty 50 rangebound hai, lekin jis side ko chhune ki zaroorat hai, yeh pata nahi. Humne market data ko dekha hai, aur yeh sawal hai ki Nifty 50 ka range kya hai, aur kis side ko chhune ki zaroorat hai. **Range:** 23,800 - 24,500 Humne yeh range 50-day SMA aur 100-day SMA ke beech kaam kiya hai. 50-day SMA Nifty 50 ke 23,800 ke niche hai, aur 100-day SMA Nifty 50 ke 24,500 ke urchh hai. Yeh range hai Nifty 50 ka, aur yeh sawal hai ki Nifty 50 kis side ko chhune ki zaroorat hai. **Trend:** Short-term downtrend Humne yeh trend short-term downtrend ke roop mein dekhaya hai. Nifty 50 ne 24,500 ke niche jaan ke baad se, yeh rangebound hai, lekin short-term downtrend hai. **Buy/Sell Levels:** - Buy Nifty 50 24,100 ke niche, SL 23,800, Target 24,500 - Sell Nifty 50 24,500 ke urchh, SL 24,100, Target 24,000 **Risk Management:** - Risk-reward ratio 1:2 - Position sizing 2-3% - Stop-loss SL 23,800 (buy) aur 24,100 (sell) - Profit target 24,500 (buy) aur 24,000 (sell) Humne yeh levels data-driven hai, aur yeh rangebound market ke liye hai. Yeh sawal hai ki Nifty 50 kis side ko chhune ki zaroorat hai, aur yeh levels humein is sawal ka jawab degi. --- **BANK NIFTY: 58,177.05, Range 57,500 - 58,500** Bank Nifty ne 58,177.05 par closing kiya hai, aur yeh range 57,500 - 58,500 hai. Humne yeh range 50-day SMA aur 100-day SMA ke beech kaam kiya hai. **Buy/Sell Levels:** - Buy Bank Nifty 58,000 ke niche, SL 57,500, Target 58,500 - Sell Bank Nifty 58,500 ke urchh, SL 58,000, Target 57,500 **Risk Management:** - Risk-reward ratio 1:2 - Position sizing 2-3% - Stop-loss SL 57,500 (buy) aur 58,000 (sell) - Profit target 58,500 (buy) aur 57,500 (sell) Humne yeh levels data-driven hai, aur yeh rangebound market ke liye hai. --- **BIG TECH STOCKS: Trend and Range** Big Tech stocks me NVIDIA, Apple, Microsoft, aur Amazon ka trend aur range hai. - NVIDIA: Short-term downtrend, Range 180 - 200 - Apple: Short-term downtrend, Range 260 - 280 - Microsoft: Short-term downtrend, Range 340 - 360 - Amazon: Short-term downtrend, Range 220 - 240 Humne yeh trend aur range technical analysis ke madhyam se dekhaya hai. **Buy/Sell Levels:** - NVIDIA: Buy 190 ke niche, SL 180, Target 200 - Apple: Buy 260 ke niche, SL 250, Target 270 - Microsoft: Buy 340 ke niche, SL 330, Target 350 - Amazon: Buy 220 ke niche, SL 210, Target 230 **Risk Management:** - Risk-reward ratio 1:2 - Position sizing 2-3% - Stop-loss SL 180 (NVIDIA), 250 (Apple), 330 (Microsoft), aur 210 (Amazon) - Profit target 200 (NVIDIA), 270 (Apple), 350 (Microsoft), aur 230 (Amazon) Humne yeh levels data-driven hai, aur yeh trend aur range ke madhyam se hai. ---

Expert FAQ

**Q: Yeh market rangebound hai, lekin kis side ko chhune ki zaroorat hai?** A: Humne yeh sawal ka jawab market data ke madhyam se diya hai. Nifty 50 ka range 23,800 - 24,500 hai, aur yeh sawal hai ki Nifty 50 kis side ko chhune ki zaroorat hai. **Q: Nifty 50 ka trend kya hai?** A: Humne yeh trend short-term downtrend ke roop mein dekhaya hai. Nifty 50 ne 24,500 ke niche jaan ke baad se, yeh rangebound hai, lekin short-term downtrend hai. **Q: Kya Bank Nifty rangebound hai?** A: Haan, Bank Nifty rangebound hai. Humne yeh range 57,500 - 58,500 ke madhyam se dekhaya hai. **Q: Big Tech stocks me kya trend aur range hai?** A: Big Tech stocks me trend aur range technical analysis ke madhyam se dekhaya gaya hai. NVIDIA, Apple, Microsoft, aur Amazon ka trend aur range hai. **Q: Kya risk-reward ratio 1:2 hai?** A: Haan, risk-reward ratio 1:2 hai. Humne yeh risk-reward ratio risk management ke madhyam se dekhaya hai. **Q: Kya position sizing 2-3% hai?** A: Haan, position sizing 2-3% hai. Humne yeh position sizing risk management ke madhyam se dekhaya hai. **Q: Kya stop-loss SL 23,800 (buy) aur 24,100 (sell) hai?** A: Haan, stop-loss SL 23,800 (buy) aur 24,100 (sell) hai. Humne yeh stop-loss risk management ke madhyam se dekhaya hai. **Q: Kya profit target 24,500 (buy) aur 24,000 (sell) hai?** A: Haan, profit target 24,500 (buy) aur 24,000 (sell) hai. Humne yeh profit target risk management ke madhyam se dekhaya hai. **Q: Kya hum yeh levels live market data ke madhyam se dekhne ke liye paper trading engine ka upyog kar sakte hain?** A: Haan, hum yeh levels live market data ke madhyam se dekhne ke liye paper trading engine ka upyog kar sakte hain. Inexact levels ko test karo hamare Paper Trading engine pe — real market data, zero risk.