Nifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 17 June

Indian stock market is expected to open flat on Wednesday tracking mixed global cues amid caution over the US-Iran peace deal. Gift Nifty was trading around 24,004, a premium of about 3 points over the previous close, indicating a muted start. Technical analysts see the near-term trend as positive, with Nifty 50 facing resistance at the 24,030-24,100 zone and immediate support at 23,800-23,880, while Sensex has key support at 76,300-76,500 and resistance at 77,000. Bank Nifty is likely to face resistance at 57,700-57,800 with support holding above 57,000.