𝗧𝗼𝗽 𝗦𝘁𝗼𝗰𝗸𝘀 𝗳𝗼𝗿 𝗝𝘂𝗻𝗲 𝟭𝟲, 𝟮𝟬𝟮𝟲

𝗧𝗼𝗽 𝗦𝘁𝗼𝗰𝗸𝘀 𝗳𝗼𝗿 𝗝𝘂𝗻𝗲 𝟭𝟲, 𝟮𝟬𝟮𝟲

Mirae Asset Sharekhan analyst Somil Mehta provides technical stock recommendations for June 16, 2026.

Stock Recommendations:

Oberoi Realty • Buy: ₹1673–1674 • Stop Loss: ₹1589 • Target: ₹1768 • Status: Breakout from consolidation phase.

HDFC Life Insurance • Buy: ₹581–582 • Stop Loss: ₹552 • Target: ₹616 • Status: Recovery near long-term rising trendline.

Blue Star • Buy: ₹1613–1614 • Stop Loss: ₹1540 • Target: ₹1715 • Status: Forming a triangle pattern on daily chart.

Phoenix Mills • Buy: ₹1846–1847 • Stop Loss: ₹1764 • Target: ₹1960 • Status: Breakout from consolidation phase.

Market Performance Update:

Investor wealth rose by ₹18.15 lakh crore over two trading sessions.

• BSE Sensex: Rose 2,431.78 points (3.29%). • NSE Nifty: Rose 692.30 points (2.98%). • BSE MidCap Select: Rose 1.66%. • SmallCap Select: Rose 1%.

Market drivers include lower crude oil prices and news regarding US and Iran relations.

Top Sensex Performers:

• Trent: Up 5.35% • InterGlobe Aviation: Up 3.59% • Bajaj Finserv: Up 3.58% • UltraTech Cement: Up 3.29% • Eternal: Up 3.26% • Maruti Suzuki: Up 3.25%

Source: The Times of India