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Nifty rebalancing will be carried out today. We can see sudden spike on either sides before close. Stay cautious with your positions.
Nifty Indices Rejig (Broader Indices Quarterly; Strategic Indices Semi Annual) | Adjustment is on June 29, 202
Big Update from Dixon 🔥
- India first camera modules & display module factory becoming a reality now
- They are ramping up the full production of camera modules & will open a display module factory in upcoming 4 months.
- Reduction in the imports of camera & display modules
🚨 HORMUZ LIVEWIRE | JUNE 24, 2026
The ceasefire may be in place, but the post-war pressure game is already escalating fast.
🧵 1/5 | TRUMP’S “ZERO-TOLL” WARNING
Donald Trump said Iran has assured Washington there will be no tolls, insurance surcharges, or extra charges on ships crossing the Strait of Hormuz — warning that if this proves false, negotiations would end “immediately.”
🧵 2/5 | IRAN DECLARES “VICTORY”
Iranian negotiator Mohammad Bagher Ghalibaf called the ceasefire framework “America’s declaration of defeat,” saying the 60-day truce was won through Iranian resistance, not Western pressure.
🧵 3/5 | HORMUZ TRAFFIC PICKS UP
Commercial traffic through Hormuz is rising again, with crude tankers and container vessels resuming transit after days of blockade fears. That’s a key relief signal for oil, shipping risk and broader market sentiment.
🧵 4/5 | NUCLEAR INSPECTORS PREPARE
IAEA chief Rafael Grossi confirmed UN inspectors are preparing to visit Iran’s enrichment sites as part of the ceasefire verification process and uranium downblending oversight.
🧵 5/5 | RUBIO BEGINS GULF TOUR
US Secretary of State Marco Rubio has begun a Gulf tour, starting in the UAE, to reinforce Washington’s regional security commitments during the 60-day implementation phase.
⚡ EXTRA FLASHES
• General License X reportedly opens a 60-day window for Iranian crude sales under strict escrow controls
• Israel and Lebanon are said to be discussing a US-backed pilot plan involving a handover of parts of southern Lebanon to the Lebanese military
🎯 Bottom line:
The ceasefire is holding for now - but the real test starts here. Hormuz access, nuclear verification and regional security guarantees will decide whether this becomes a lasting reset or just a temporary pause.
🚨 MARKET RECAP | JUNE 24, 2026
Indian markets staged a sharp rebound today, wiping out Tuesday’s losses as strong buying in banks, financials and IT pushed benchmark indices firmly back into the green.
📊 Closing Snapshot
🔹 Nifty 50: +197.55 pts (+0.83%) → 24,021.65
🔹 Sensex: +790.54 pts (+1.04%) → 76,991.22
🔹 Bank Nifty: +967 pts (+1.69%) → 58,150.35
⚡ What drove the rebound?
1️⃣ Crude oil cool-off
Brent slipped to ~$76.24 and WTI to ~$72.50, easing India’s import and inflation concerns.
2️⃣ India–US trade optimism
Talks of an interim trade deal before July 24 lifted sentiment and reduced tariff-related worries.
3️⃣ FIIs back on the buy side
After recent selling pressure, FIIs turned net buyers, while DIIs stayed supportive - boosting liquidity in large caps.
🏦 Leaders of the rally
🟢 Private Banks & IT led from the front
• ICICI Bank: nearly +3%
• HDFC Bank: about +2%
• Together, both contributed ~400 Sensex points
• Trent: +3%+
• Infosys & TCS: +2.4%+ each
🏠 Realty also stayed strong
Top 28 listed real estate firms clocked record ₹1.95 lakh crore pre-sales in FY26, with Godrej Properties leading the pack.
🔻 Laggards
Power, auto and metals underperformed the broader move.
Key laggards included NTPC, Tata Steel, Maruti, Bharat Electronics and Bajaj Auto.
📌 Volume Watch
Financials saw the heaviest action today. FINNIFTY gained 333+ points to close at 26,662.95, led by strong private banking turnover.
💭 Takeaway:
Today’s rebound was driven by a mix of macro relief, institutional buying and heavyweight participation.
Banking strength did the heavy lifting, while softer crude and trade optimism gave the market the confidence to bounce back hard.
As discussed 11800 proved to be a strong support. Dixon didn't give a close below 11800 on hourly basis. It means in next few days we can see the stock near previous high of 12930 as 1st target and above for more. People who shorted Dixon Technologies will be thrown out triggering new high surpassing 13000+