The Nifty 50 gained over 3% in June, aided by easing geopolitical tensions and derivatives strength. Analyst Rohit Mehta said a breakout above 26,278 is crucial for further upside. Until then, the index may consolidate between 25,200 and 26,000. Key gainers included Jio Financial, Grasim, and Shriram Finance. Retail sentiment remains bullish as the Nifty is up 7.4% in 2025.