Stock markets rebound in early trade on softening crude oil prices

INDIA BUSINESS | Wed, 24 Jun 2026, 10:39AM IST The 30-share BSE Sensex climbed 187.63 points to 76,388.31 in early trade. The 50-share NSE Nifty went up by 57.75 points to 23,878.85

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Rupee falls 10 paise to 94.86 against U.S. dollar in early trade

INDIA BUSINESS | Wed, 24 Jun 2026, 10:33AM IST Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 101.48, up 0.08%

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KPR, Indo Count, Gokaldas rally up to 9%; what's driving textile stocks?

INDIA MARKET | Wed, 24 Jun 2026, 10:32AM IST Brokerage firm Motilal Oswal Financial Services initiated coverage on 8 companies across apparel and home textiles, with Gokaldas Exports, Arvind, and Indo Count Industries as high-conviction picks.

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Infosys gains as GlobalFoundries expands AI-led IT services partnership

INDIA MARKET | Wed, 24 Jun 2026, 10:32AM IST Infosys rose 1.39% to Rs 1,043.60 after the company announced an expanded multi-year collaboration with GlobalFoundries to accelerate AI-driven transformation of the chipmaker's IT operations.

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Innovision rises after bagging Rs 8-cr NHAI toll collection contract in Andhra Pradesh

INDIA MARKET | Wed, 24 Jun 2026, 10:32AM IST Innovision rose 1.09% to Rs 291.45 after the company received a letter of award (LoA) worth Rs 7.74 crore from the National Highways Authority of India (NHAI) for toll collection and facility maintenance services in Andhra Pradesh.

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Stock Market LIVE: Sensex at day's high, up 500 pts, Nifty above 23,950; Bajaj Auto shares fall 3%

INDIA MARKET | Wed, 24 Jun 2026, 10:29AM IST Sensex Today | Stock Market LIVE Updates Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap were trading 0.04 per cent and 0.12 per cent lower, respectively

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Alibaba sues Pentagon over blacklist designation

INDIA BUSINESS | Wed, 24 Jun 2026, 10:25AM IST China on Monday imposed export controls on 10 U.S. companies involved in defense and rare earths mining in response to Washington's blacklist

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Green homes may cost 4% more, but can slash utility bills by 30%: report

INDIA BUSINESS | Wed, 24 Jun 2026, 10:23AM IST Location, price, amenities-and now sustainability: The new homebuying metric

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IRFC OFS opens: Navratna PSU stock cracks 5%; should you bid or avoid?

INDIA MARKET | Wed, 24 Jun 2026, 10:23AM IST IRFC share price today: Rajesh Palviya of Axis Securities said investor sentiment around IRFC has been subdued for a long time, and today's decline was primarily driven by the OFS announcement.

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India raises domestic coal use to over 50% at import-based power plants

INDIA NEWS | Wed, 24 Jun 2026, 10:21AM IST India is already using domestic coal for operating 5.7 gigawatts capacity so far this year of the total 18.7 GW capacity at imported coal-based power plants

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The Adani stock Morgan Stanley thinks could benefit most from Indias infrastructure push

INDIA MARKET | Wed, 24 Jun 2026, 10:20AM IST Morgan Stanley has initiated coverage on Adani Enterprises with an Overweight rating and a target price of Rs 3,638, implying a 23% upside. The brokerage sees AEL as the best-placed Adani Group company to benefit from Indias infrastructure and capex boom, citing its strong presence in airports, roads, data centres and new energy.

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Rashi Peripherals surges after inking pact to acquire 67% stake in VDA

INDIA MARKET | Wed, 24 Jun 2026, 10:17AM IST Rashi Peripherals rallied 5.62% to Rs 777.10 after the company entered into definitive agreement to acquire a 67% stake in VDA Infosolutions (VDA) for a cash consideration of Rs 368.50 crore.

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Bajaj Auto slips nearly 3%, trades ex-date for share buyback; time to buy?

INDIA MARKET | Wed, 24 Jun 2026, 10:11AM IST Bajaj Auto's largest share buyback worth 5,633 crore at 12,000 per share will open on July 1; shareholders who hold shares as of today (June 24) will be eligible to participate in the buyback.

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Stock Market LIVE: Sensex rises 300 pts, Nifty above 23,850; Hitachi Energy, IIFL top SMID losers

INDIA MARKET | Wed, 24 Jun 2026, 10:10AM IST Sensex Today | Stock Market LIVE Updates Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap were trading 0.04 per cent and 0.12 per cent lower, respectively

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Global Market: How SK Hynix's AI bet helped it eclipse Samsung in market value

INDIA MARKET | Wed, 24 Jun 2026, 10:08AM IST SK Hynixs rise to South Koreas most valuable listed company reflects a long-term bet on HBM chips that became central to the AI boom. Backed by early investment and Nvidia demand, the company transformed from a struggling memory maker into a global semiconductor leader.

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US Stock Market: Barclays, Stifel lift S&P 500 year-end targets on stronger earnings outlook

INDIA MARKET | Wed, 24 Jun 2026, 10:05AM IST Major financial firms Barclays and Stifel have boosted their S&P 500 year-end targets to 7,800, signaling strong confidence in corporate profits and the U.S. stock market's resilience. This optimism, fueled by AI advancements and improved investor sentiment, suggests further upside potential. While inflation and interest rate concerns linger, strategists see earnings growth and capital spending driving future gains, with a potential broadening of market leadership beyond tech giants.

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India-US share a strong and growing economic partnership, says Union Minister Piyush Goyal

INDIA MARKET | Wed, 24 Jun 2026, 10:05AM IST Union Commerce and Industry Minister Piyush Goyal has said that India and the United States share a strong and growing economic partnership. Mr Goyal met United States Trade Representative Jamieson Greer and US Ambassador to India Sergio Gor in New Delhi yesterday. The Minister said that productive discussions were held on advancing negotiations towards a balanced and mutually beneficial trade agreement, in line with the Joint Statement of 7th of February. He added, India remains committed to working constructively with the United States to further deepen economic ties and create new opportunities for growth and innovation.

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INR stays hammered as dollar stands tall on hawkish Fed

INDIA MARKET | Wed, 24 Jun 2026, 10:05AM IST The Indian rupee continues to stay pressured against the dollar in opening trades on Wednesday, tracking firm dollar overseas. Mildly positive start to local equities and easing oil prices are unable to support rupee that is hammered by gains in DXY on the back of a hawkish dollar overseas. INR opened at Rs 94.88 per dollar and hit a low of 94.93 so far during the day. Yesterday, the counter settled at 94.76. The dollar index scales above 101 mark for the first time in more than a year amid growing indications of a Federal rate hike in the near future. The Federal Reserve's hawkish tone at its latest meeting is seen bolstering gains the U.S. dollar. The upcoming PCE inflation report, the Feds preferred gauge, will be closely watched this week for further clarity.

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Solarium Green Energy bags Rs 187-cr solar EPC order in Maharashtra

INDIA MARKET | Wed, 24 Jun 2026, 10:05AM IST Solarium Green Energy jumped 6% to Rs 190 after the company secured a solar EPC order worth Rs 186.53 crore for a 50 MW AC/65 MW DC solar photovoltaic (PV) power project in Maharashtra.

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Oil prices fall 1% on expectations of smoother crude flows via Hormuz

INDIA MARKET | Wed, 24 Jun 2026, 10:05AM IST Brent crude futures fell 78 cents, or 1.0%, at $76.30 a barrel as of 0350 GMT. US West Texas Intermediate slipped 78 cents, or 1.1%, to $72.43 a barrel

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Asian stocks wobble after tech-led selloff, volatility risk highlighted

INDIA MARKET | Wed, 24 Jun 2026, 10:03AM IST South Korean shares, which plunged 10% on Tuesday in their sharpest one-day drop since March, jumped 2.2%, while Japan's Nikkei was swinging between gains and losses, last down 0.8%

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Angel One, CAMS and ICICI AMC among JP Morgan's preferred bets on India's SIP boom

INDIA MARKET | Wed, 24 Jun 2026, 10:03AM IST JP Morgan has initiated coverage of Indias capital markets sector with a bullish outlook, citing resilient SIP inflows and rising retail financialisation. The brokerage prefers Angel One, CAMS and ICICI AMC, while staying cautious on BSE, KFin, CDSL and MCX despite strong recent stock performance.

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India issues fresh Iran advisory

INDIA NEWS | Wed, 24 Jun 2026, 10:00AM IST The Embassy of India in Tehran has issued a revised travel advisory for Indian nationals, saying that while the security situation in Iran has shown signs of improvement, Indians should continue to avoid all non-essential travel to the country until further notice. According to the embassy, it has been closely monitoring the situation in Iran and noted "recent positive developments and the improvement in the overall situation." However, it advised Indian citizens against non-essential visits to the country despite the easing of conditions.Advisory for Indians in Iran The embassy said Indian nationals currently residing in Iran, as well as those who may need to travel there for unavoidable reasons, should exercise a high degree of caution. It asked them to remain vigilant at all times, maintain situational awareness, closely follow local developments through credible sources, and comply with instructions issued by local authorities.— India_in_Iran (@India_in_Iran) The advisory also urged all Indian citizens currently in Iran to register their details with the Embassy of India in Tehran at the earliest opportunity. They have been asked to regularly monitor the embassy's website and social media platforms for updates and any future advisories.Emergency numbers issuedThe Embassy of India in Tehran has also shared emergency helpline numbers for Indian nationals requiring assistance: +989128109115 +989128109109 +989128109102 +989932179359 The embassy can also be contacted via email at cons.tehran@mea.gov.in.

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Global Market: BOJ policymakers push for faster rate hikes as inflation risks mount

INDIA MARKET | Wed, 24 Jun 2026, 10:00AM IST The Bank of Japan is growing more concerned about persistent inflation, with some policymakers advocating faster interest rate hikes after raising the policy rate to 1%, the highest in 31 years. Officials cited rising cost pressures from a weak yen, high energy prices and strong AI-driven demand, with some members suggesting rates may need to move closer to a neutral level of around 2% through gradual but more frequent increases.

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NFO Insight: Can JM Multi Asset Allocation Fund help investors navigate uncertain market?

INDIA MUTUAL FUNDS | Wed, 24 Jun 2026, 9:57AM IST JM Financial Mutual Fund has launched the JM Multi Asset Allocation Fund, aiming to provide long-term capital appreciation and income by investing across equity, debt, and commodities. The fund employs a structured, model-guided approach to dynamically allocate assets, seeking to navigate market cycles and offer risk-adjusted growth. Experts suggest such funds can offer diversification and stability, potentially outperforming pure equity funds in uncertain times, and may suit first-time investors.

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CSM Technologies IPO invites bids: GMP up 3%; should you park your money?

INDIA MARKET | Wed, 24 Jun 2026, 9:56AM IST The public issue is entirely a fresh issue of 12.9 million equity shares amounting to 145.78 crore. The offering does not have any offer for sale (OFS) component

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Stock Market LIVE: Sensex up 100 pts, Nifty above 23,800; Hitachi Energy, IIFL top SMID losers

INDIA MARKET | Wed, 24 Jun 2026, 9:51AM IST Sensex Today | Stock Market LIVE Updates Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap were trading 0.04 per cent and 0.12 per cent lower, respectively

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53m

Indices drift higher in early trade; breadth strong

INDIA MARKET | Wed, 24 Jun 2026, 9:51AM IST The Nifty traded above the 23,850 mark. Pharma, IT and realty shares advanced while media, metal and auto shares declined.

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53m

NLC India inks MoU with Indian Oil Corporation

INDIA MARKET | Wed, 24 Jun 2026, 9:51AM IST NLC India has signed a memorandum of understanding (MoU) with Indian Oil Corporation (IOCL) for the formation of a joint venture for the establishment of renewable energy power projects in Tamil Nadu.

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53m

Using the wrong credit card? It could be costing you 2 lakh a year

INDIA BUSINESS | Wed, 24 Jun 2026, 9:51AM IST India swipes more, saves less: Most cardholders fail to unlock full rewards

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53m

Hindustan Zinc Ltd Slips 1.01%

INDIA MARKET | Wed, 24 Jun 2026, 9:51AM IST Hindustan Zinc Ltd has lost 14.69% over last one month compared to 6.57% fall in BSE Metal index and 0.34% drop in the SENSEX

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53m

Fermenta Biotech Ltd Surges 3.48%

INDIA MARKET | Wed, 24 Jun 2026, 9:51AM IST Fermenta Biotech Ltd has added 20.53% over last one month compared to 2.48% gain in BSE Healthcare index and 0.34% drop in the SENSEX

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53m

Biocon secures multiple insulin contracts from Ministry of Health, Malaysia

INDIA MARKET | Wed, 24 Jun 2026, 9:51AM IST Biocon announced that its long-standing partner, Duopharma Biotech Berhad (Duopharma Biotech) via its wholly-owned subsidiary Duopharma (M) Sendirian Berhad, has secured multiple insulin contracts from the Ministry of Health (MoH), Malaysia, valued at over MYR 225 million this year.

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54m

Shilpa Biologicals commissions Antibody-Drug Conjugate (ADC) GMP manufacturing facility

INDIA MARKET | Wed, 24 Jun 2026, 9:50AM IST Shilpa Biologicals, a material subsidiary of Shilpa Medicare, announced the commissioning of a state-of-the-art Antibody-Drug Conjugate (ADC) GMP manufacturing facility, purpose-built and designed to meet global regulatory approval standards including US FDA, EMA, and other major health authority requirements. The facility is fully operational, with GMP qualification protocols now actively underway, placing Shilpa on a clear path to commercial readiness.

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54m

Vedanta among 5 F&O stocks saw a high increase in futures open interest

INDIA MARKET | Wed, 24 Jun 2026, 9:48AM IST Five NSE F&O stocks, led by Vedanta and Waaree Energies, recorded sharp open interest gains on June 23, indicating heightened trader participation, fresh positions, and increased activity in futures markets.

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Gold prices fall Rs 2,200/10 gms; silver tanks Rs 3,300/kg as rate hike fears outweigh falling oil prices. Key levels to watch

INDIA COMMODITIES | Wed, 24 Jun 2026, 9:44AM IST Gold and silver prices fell sharply on MCX on Wednesday as a stronger U.S. dollar and rising expectations of Federal Reserve rate hikes dampened sentiment, outweighing support from easing oil prices and the gradual reopening of the Strait of Hormuz.

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1h

Stock Market LIVE: Sensex up 300 pts, Nifty above 23,850; IT, pharma & healthcare stocks lead

INDIA MARKET | Wed, 24 Jun 2026, 9:43AM IST Sensex Today | Stock Market LIVE Updates Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap were trading 0.04 per cent and 0.12 per cent lower, respectively

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1h

FII-powered Suzlon Energy shares sit 15% below 52-week high. Will 2.0 roadmap deliver for 56 lakh investors?

INDIA MARKET | Wed, 24 Jun 2026, 9:41AM IST Suzlon Energy is attracting steady foreign investment despite market volatility, with FIIs increasing holdings for the third consecutive quarter. The company is transforming into a full-stack renewable energy solutions provider with an ambitious FY31 roadmap, targeting significant revenue growth and market share expansion. Brokerages are optimistic about its "Suzlon 2.0" strategy, focusing on integrated wind, solar, and storage solutions, though a Sebi order remains a concern.

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1h

Gold price dips 10 to 1,44,590; silver down 100, trading at 2,44,900

INDIA MARKET | Wed, 24 Jun 2026, 9:39AM IST The price of 22-carat gold decreased by 10, with ten grams of the yellow metal selling at 1,32,540

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1h

Sensex jumps over 400 pts, Nifty above 23,900; Trent shares surge 4%

INDIA MARKET | Wed, 24 Jun 2026, 9:37AM IST Indian stock markets showed resilience on Wednesday, with Sensex and Nifty recovering from previous losses. Trent shares surged, leading the gains. While broader markets dipped, IT and Pharma sectors saw modest gains. Analysts noted global tech stock volatility but highlighted India's steady growth and easing crude oil prices. However, concerns over a deficient monsoon are emerging, potentially impacting rural demand and corporate profits, prompting portfolio adjustments.

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1h

Sensex jumps over 250 pts, Nifty above 23,900; Trent shares surge 4%

INDIA MARKET | Wed, 24 Jun 2026, 9:37AM IST Indian stock markets showed resilience on Wednesday, with Sensex and Nifty recovering from previous losses. Trent shares surged, leading the gains. While broader markets dipped, IT and Pharma sectors saw modest gains. Analysts noted global tech stock volatility but highlighted India's steady growth and easing crude oil prices. However, concerns over a deficient monsoon are emerging, potentially impacting rural demand and corporate profits, prompting portfolio adjustments.

Continue reading at Economic Times

1h

Best medium duration mutual funds to invest in June 2026

INDIA MUTUAL FUNDS | Wed, 24 Jun 2026, 9:33AM IST Investment advisors are increasingly recommending medium duration funds, anticipating superior returns as interest rates decline. These debt funds, mandated by SEBI to hold instruments with a Macaulay duration of three to four years, suit investors with similar horizons. While sensitive to rate hikes, they offer potential for those willing to accept some volatility for longer-term parking of funds.

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