Good morning, investors. Today is Saturday June 27, 2026. Indian markets are closed for the weekend after the Muharram holiday on Friday. Here is your complete weekend briefing — everything that happened this week, all the rates as they stand right now, and exactly what to watch before Monday’s 9:15 AM opening bell.
Week in Review
The week of June 22–25 was a week of two halves. Nifty opened Monday at 23,984 (gap-up of 362 points), sold off Tuesday to a weekly low of 23,817 on weak PMI data, then recovered strongly through Thursday to close the week at 24,013 — a gain of +390 points or +1.65% for the week.
The big story was crude oil crashing to $73.74 — its lowest since before the Iran-US conflict began. This powered a Thursday surge in aviation (IndiGo +4.6%), autos (M&M +3.85%, Maruti +3.81%), and banking stocks. FIIs net bought ₹384 crore on Thursday — the first significant buying day after weeks of sustained selling. DIIs continued their relentless absorption, buying ₹5,748 crore on Thursday alone.
All Key Rates — June 27, 2026 (Weekend Close)
Indian Indices (Thu close): Sensex 77,073 ▼ | Nifty 50 23,999 ▼ | Bank Nifty 57,184 | VIX 13.05 ↓
GIFT Nifty (Saturday evening): 24,017 ▼ -0.27%
Commodities: Gold 24K ₹14,275/gm (₹1,42,750/10gm) | Silver ₹2,40,000/kg | Brent Crude $73.74 | WTI $70.34 | Petrol Delhi ₹94.72 | Diesel Delhi ₹87.62 | LPG ₹941.50
Crypto: Bitcoin $59,442 (₹50.05L) ▼ | ETH $1,563 ▼ | XRP $1.03 ▼ | SOL $66.36 ▼ | Fear & Greed: 22 (Extreme Fear)
Currency: USD/INR ₹84.20 | EUR/INR ₹91.40 | GBP/INR ₹106.80 | AED/INR ₹22.93
US Markets (Thu close): S&P 500 7,358 ▼ -0.10% | Nasdaq 25,477 ▼ -0.43% | Dow Jones 51,849 ▲ +0.35% | 10Y Yield 4.48%
This Weekend’s Must-Watch: US PCE Data (Tonight)
The US Personal Consumption Expenditure index for May 2026 was released Friday night India time. This is the Fed’s preferred inflation gauge and the single most important data point for Monday’s Indian market opening. Check the EarnFree homepage tonight for the PCE result and our Monday market impact analysis.
Scenario if PCE comes in soft (below 2.3%): September Fed rate cut probability rises above 80%. Dollar weakens, gold rebounds, Nifty likely opens +100–200 points Monday.
Scenario if PCE comes in hot (above 2.6%): Rate cut hopes push back to December. Dollar strengthens, emerging markets under pressure. Nifty may open flat or slightly negative.
5 Events That Will Define the Next 2 Weeks
- Tonight: US PCE inflation + US Q1 GDP final revision — will set Monday tone
- Monday June 29: Market reopen — watch for opening gap reaction to weekend global cues
- July 2: Laurus Labs AGM — management guidance on FY27 CDMO pipeline
- July 2–3: IMD July monsoon forecast — critical for food inflation and rural stocks
- July 4: CLARITY Act deadline — US crypto legal framework for BTC/ETH/XRP/SOL
- July 9: India-US trade deal deadline — single biggest binary risk for Indian equities
Week Ahead Technical Levels
Nifty 50: Support 23,800 → 23,600 (100-week EMA — must hold). Resistance 24,200 → 24,400 (breakout trigger). GIFT Nifty at 24,017 suggests flat-to-slightly-negative open Monday unless overnight global cues improve on PCE data.
Bank Nifty: Support 57,000. Resistance 58,500. RSI at 55.79 — bullish structure intact.
Gold India: Support ₹1,38,000/10gm. Resistance ₹1,48,000. Watch PCE data for direction — soft PCE = gold rally.
Bitcoin: Support $57,000–58,000. CLARITY Act July 4 is a potential catalyst. Fear & Greed at 22 (Extreme Fear) historically precedes a bounce.
What EarnFree Published This Week
We published 20 original, research-backed articles this week covering every major market development. From Jio IPO analysis to the FMCG margin recovery story, FII bond inflows, gold correction buy-or-wait, and Nifty technical analysis. Find all stories on the EarnFree homepage.
Have a great weekend. We will be back with live updates when markets open Monday at 9:15 AM.
— EarnFree Editorial Team | Varanasi, India | info@earnfree.in
Disclaimer: This article is for informational purposes only. Not investment advice. Please consult a SEBI-registered financial advisor before making investment decisions.
