India’s Sensex, Nifty trade rangebound on June 18, 2026 as lower oil prices offset Fed hike signal
On June 18, 2026, India’s Sensex and Nifty traded in a narrow range. Investors weighed the U.S. Federal Reserve’s signal that additional rate hikes could still be on the table, raising concerns about a stronger dollar and capital outflows from emerging markets. At the same time, oil price relief from a pullback in crude eased pressure on India’s inflation and external imbalances.