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Nifty holds above 24,000, but IT stocks aren't out of the woods yet: Akshay Bhagwat
The Nifty has crossed the 24,000 mark, with analysts seeing potential for a move towards 24,600. Support is seen around 23,800, making dips attractive for buyers. However, the IT sector continues to face selling pressure, with a neutral to bearish outlook. Investors are advised to watch for buying opportunities in the broader market and sell rallies in IT stocks.
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thehindubusinessline.com
Nifty Prediction Today – June 16, 2026: Nifty futures: No follow-through rally, yet the support holds
Nifty futures (June) will retain bullish outlook until the support at 23,800 holds
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Nifty IT rises 4.3% in three sessions to cross 29,000: Infosys, Tech Mahindra, Wipro & TCS lead gains
The index gained nearly 4.3% from 27,795.75 recorded on June 12, reflecting improving market sentiment triggered by US-Iran peace deal, softer crude and global market movement.
