New Delhi, June 24 -- Nifty50 fell 0.56% on Monday amid high volatility, driven by rising geopolitical tensions after the U.S. airstrikes on Iranian nuclear sites, which pushed crude oil prices to five-month highs. This spurred inflation fears and raised concerns about delayed RBI rate cuts. India VIX jumped over 5%, reflecting increased market uncertainty. Despite the decline, Metal, small- and mid-cap stocks showed resilience with selective buying interest.

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Current price: Rs. 939

Target price: Rs. 1,150 in 16-24 Months

Stop-loss: Rs. 830

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