New Delhi, June 20 -- The Indian stock market has been rangebound for almost a month amid heightened geopolitical tensions, Trump's tariff-related uncertainties and stretched valuations.

While the benchmark Nifty 50 is up about 1 per cent for June so far, it has stayed in the range of 24,470 to 25,200, failing to hold and extend gains.

The domestic market is torn between contrasting triggers, keeping it range-bound.

Key macro tailwinds exist on the domestic front. India's GDP is expected to rise about 6-6.5 per cent in FY26, while inflation could fall below 4 per cent.

RBI Governor Sanjay Malhotra, after the June policy meeting, lowered the CPI (consumer price index)-based inflation estimates for FY26 to 3.7 per cent from 4 per cent p...