EarnFree

With Indian markets closed for the weekend following Thursday’s positive close, Nifty 50 is holding firm at 24,013 as Bitcoin bounces off multi-month lows and gold rates stay elevated at ₹1,42,750 per 10 grams. Here’s your complete 2 PM Saturday markets and rates update for June 27, 2026.

📈 Market Snapshot — Week in Review

Indian equity markets had a truncated week, with Friday June 26 observed as a public holiday for Muharram. The last trading session on Thursday, June 25, saw the Sensex close at 77,155.62 and Nifty 50 settle at 24,013.10 — registering a healthy weekly gain of +1.65%, a constructive sign as the index continues to hold above its falling wedge breakout level.

Buying interest was concentrated in banking, auto, and aviation stocks. Top gainers on the week included IndiGo (+4.6%), Mahindra & Mahindra (+4.2%), and Maruti Suzuki (+3.8%), supported by softening crude oil prices. On the other side, IT and infrastructure stocks lagged — Power Grid (-2.4%), BEL (-1.7%), Tech Mahindra (-1.7%), Infosys (-1.4%), and Bharti Airtel (-1.4%) posted the biggest losses.

Institutional activity (June 25): FIIs were net sellers at ₹1,843.40 Cr in the cash segment, while DIIs provided strong counter-support with net buying of ₹3,637.30 Cr — a positive signal that domestic institutions remain committed buyers on any weakness.

Technically, Nifty’s RSI stands at 47.64 on the weekly chart. Immediate resistance sits at 24,200 and 24,400. Markets reopen Monday, June 29.

₿ Crypto at 2 PM — Live Prices

Bitcoin continues its tentative recovery after touching a multi-month low near $58,000, now trading around $60,148 (+1.34% in 24 hours), equivalent to approximately ₹56.82 lakh. Ethereum is trading at $1,579.90 (~₹1,49,238). The Crypto Fear & Greed Index is at 13 — Extreme Fear, reflecting deep market pessimism following a 10% crash in global AI stocks that rippled into digital assets. Meanwhile, regulatory pressure is intensifying: Binance has announced it will stop services to EU users after failing to secure a MiCA license, and the Ethereum Foundation has announced a 20% workforce reduction and 40% budget cut as it moves to a leaner, endowment-style model.

💰 Live Rates — 2 PM IST, June 27, 2026

Asset	Price	Change
Nifty 50	24,013.10	+1.65% (weekly)
Sensex	77,155.62	+0.10% (last close)
Bitcoin (BTC)	₹56.82L / $60,148	+1.34% (24hr)
Ethereum (ETH)	₹1,49,238 / $1,579.90	~Flat (24hr)
Gold (10g, 24K)	₹1,42,750	Stable
Silver (1kg)	₹2,40,000	Stable
USD/INR	₹94.46	Stable
Crude Oil (Brent)	$74.50	Declining

📰 Top 5 Financial News Stories of the Day

1. Nifty Posts 1.65% Weekly Gain Despite Truncated Week — Indian equities ended the week on a firm note, with Nifty 50 at 24,013.10 and the market forming a constructive base above the falling wedge breakout. DII buying of ₹3,637 Cr on Thursday countered FII selling, reflecting strong domestic confidence. Markets reopen Monday, June 29, and investors will watch for fresh institutional cues.
2. Binance Exits EU Markets After Failing MiCA Licensing — In a major regulatory development, crypto giant Binance has announced it will cease services to EU users after failing to obtain a MiCA (Markets in Crypto-Assets) license. The move is seen as a significant blow to Binance’s European business and underscores how regulators across the bloc are tightening oversight of crypto exchanges. Expect heightened volatility in altcoins on Monday.
3. Ethereum Foundation Slashes Staff by 20%, Budget by 40% — The Ethereum Foundation confirmed it is cutting approximately 20% of its workforce and reducing its annual budget by around 40%, shifting toward a more sustainable endowment-style operating model. While it signals fiscal discipline, it also raises near-term concerns about the pace of ETH ecosystem development, weighing on sentiment as ETH trades below $1,600.
4. Global AI Stock Crash Drags Crypto and Equities Lower — A sharp 10% sell-off in global AI stocks — originating in Seoul’s semiconductor complex — spread through technology names worldwide and spilled into digital assets. Bitcoin dropped to $58,000 before recovering, highlighting how BTC is increasingly behaving as a leveraged risk asset correlated with tech equities. Indian IT stocks like Infosys and Tech Mahindra also felt the pressure, falling over 1.4% last session.
5. Crude Oil Retreats as US-Iran Talks Show Progress — Brent crude eased to $74.50/barrel as diplomatic progress in US-Iran negotiations reduced fears of a supply disruption through the Strait of Hormuz. Oil flows through the Strait are reported to have reached their fastest pace since the conflict began. This is a significant positive for India’s inflation outlook and import bill — and was a key driver of the auto and banking sector rally seen this week.

🌐 Global Markets & Monday’s Outlook

Global markets are navigating a complex backdrop heading into the new week. The AI stock selloff remains a key risk to watch, with US semiconductor and tech names under pressure. US economic data — including PCE inflation and consumer confidence — will be closely watched by Fed watchers for any shift in rate-cut expectations. On the geopolitical front, progress on US-Iran talks is a tailwind for crude prices, which directly benefits India’s macro story. For Indian investors opening positions on Monday, the key levels to watch are Nifty 24,200 (resistance) and 23,800 (support). Banking and auto stocks remain in favour while IT may stay under pressure in the short term.

Data sourced from NSE India, GoodReturns, CoinGecko, Yahoo Finance, and Trading Economics. Last updated: 2:00 PM IST, June 27, 2026. This article is for informational purposes only and does not constitute investment advice. Please consult a SEBI-registered financial advisor before making investment decisions.