Trade setup for June 17: Top 15 things to know before the opening bell

The Nifty 50 index demonstrated a robust recovery on June 16, closing with an impressive gain of nearly 1 percent. This positive movement came after a brief period of correction, bringing the index closer to the much-anticipated 18,000 mark. Investors showed renewed confidence, buoyed by strong performances across various sectors, which helped in stabilizing the market sentiment ahead of the weekend. As we approach the opening bell on June 17, traders and investors are keenly eyeing several key factors that could influence market dynamics. Among the top considerations are the upcoming Federal Reserve policy meeting and its potential impact on global markets. Additionally, domestic economic indicators, such as the latest inflation data and industrial production figures, will be closely monitored to gauge the health of the economy and inform trading strategies. Market participants are also keeping a watchful eye on developments in the global geopolitical landscape, which continue to play a significant role in shaping investor sentiment. With these factors in mind, experts suggest maintaining a cautious yet optimistic outlook, as the Nifty 50 strives to maintain its upward trajectory. As always, informed decision-making remains crucial for navigating the complexities of the current market environment.

— Authored by Next24 Live