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Stock Market LIVE: Sensex rises 300 pts, Nifty near 23,950; VA Tech Wabag share price jumps 7%

Sensex Today | Stock Market LIVE Updates Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices were trading 0.19 per cent and 0.29 per cent, higher, respectively

Stock Market LIVE: Sensex rises 300 pts, Nifty near 23,950; VA Tech Wabag share price jumps 7%
Updated On : 16 Jun 2026 | 11:24 AM IST

Systematix backs Nestle India's rural expansion; recommends 'Hold'

Systematix has maintained a 'Hold' rating on Nestle India, valuing the stock at FY28E P/E of 65x for a target price of ₹1,460.

Systematix backs Nestle India's rural expansion; recommends 'Hold'
Updated On : 16 Jun 2026 | 11:20 AM IST

Sarvam AI deal lifts HCL Tech shares by 3%; Nomura says Buy for 39% upside

HCL Tech is investing $150 million in Sarvam for a 10.46 per cent stake

Sarvam AI deal lifts HCL Tech shares by 3%; Nomura says Buy for 39% upside
Updated On : 16 Jun 2026 | 11:16 AM IST

JM Financial backs PDS margin recovery story, sees 22% upside; stock up 7%

Analysts believe this measured approach, coupled with an improving business mix, should support a more predictable earnings profile over the medium term

JM Financial backs PDS margin recovery story, sees 22% upside; stock up 7%
Updated On : 16 Jun 2026 | 11:14 AM IST

Fortis Healthcare among 3 stocks with Golden Crossover; how to trade?

Nishchal Jain of Share.Market believes that the 'Golden Crossover' suggests the beginning of a multi-quarter recovery cycle for Fortis Healthcare, Deepak Fertilisers and Deepak Nitrite.

Fortis Healthcare among 3 stocks with Golden Crossover; how to trade?
Updated On : 16 Jun 2026 | 11:09 AM IST

VA Tech Wabag rallies 7%, hits 52-week high; should you buy, sell or hold?

In the past one month, VA Tech Wabag stock outperformed the market by soaring 25 per cent, as compared to 2 per cent rise in the Nifty 50.

VA Tech Wabag rallies 7%, hits 52-week high; should you buy, sell or hold?
Updated On : 16 Jun 2026 | 10:54 AM IST

GIC shares fall 5% as Centre launches OFS; floor price at 9% discount

At present, the government owns an 82.40% stake in General Insurance Corporation. At the floor price of ₹352 apiece, the sale of over 8.77 crore shares will fetch about ₹3,000 crore to the exchequer.

GIC shares fall 5% as Centre launches OFS; floor price at 9% discount
Updated On : 16 Jun 2026 | 10:00 AM IST

Asian stocks inches up as Iran-US deal optimism fades, BOJ hikes rates

Early trading in the region followed a familiar pattern, with markets settling into a more measured tone ‌on Gulf developments as the initial excitement over the deal between US-Iran began to fade

Asian stocks inches up as Iran-US deal optimism fades, BOJ hikes rates
Updated On : 16 Jun 2026 | 9:54 AM IST

Stocks to Watch today: Bharti Airtel, HCL Tech, Adani Enterprises, SBI, GIC

Stock to Watch today, June 16, 2026: Oil India, Mahindra & Mahindra Financial Services, Craftsman Automation, and Kalpataru Projects are among the top stocks to watch today

Stocks to Watch today: Bharti Airtel, HCL Tech, Adani Enterprises, SBI, GIC
Updated On : 16 Jun 2026 | 7:21 AM IST

Motilal Oswal sector of the week: Banks; top picks are SBI, ICICI Bank

The medium-term outlook for the banking sector remains constructive, supported by healthy credit growth, stable asset quality and improving liquidity conditions, says Motilal Oswal.

Motilal Oswal sector of the week: Banks; top picks are SBI, ICICI Bank
Updated On : 16 Jun 2026 | 7:12 AM IST

Kotak Securities recommends 'Buy' on ITC, NBCC; here's why

Stocks to buy today: Shrikant Chouhan of Kotak Securities has recommended a 'Buy' on ITC and NBCC, with fair value seen at ₹365 and ₹115, respectively.

Kotak Securities recommends 'Buy' on ITC, NBCC; here's why
Updated On : 16 Jun 2026 | 7:03 AM IST

Battle of bourses: Listed BSE vs IPO-bound NSE; which is a better bet?

As NSE moves closer to its long-awaited IPO, investors are weighing its valuation and growth prospects against listed rival BSE

Battle of bourses: Listed BSE vs IPO-bound NSE; which is a better bet?
Updated On : 16 Jun 2026 | 7:00 AM IST

Aurionpro, Westlife, Aarti Ind among Anand James top stock picks today

Anand James, chief market strategist at Geojit Investments expects Aurionpro Solutions to rally to ₹950 levels.

Aurionpro, Westlife, Aarti Ind among Anand James top stock picks today
Updated On : 16 Jun 2026 | 6:47 AM IST

Rupee hits 5-week high versus dollar, stocks sprint as crude oil cools

Indian markets rallied as easing West Asia tensions and a sharp fall in crude oil prices boosted the rupee, bonds and equities

Rupee hits 5-week high versus dollar, stocks sprint as crude oil cools
Updated On : 16 Jun 2026 | 12:06 AM IST

Sebi may reintroduce open market buyback window in June 19 board meeting

The regulator may also consider reforms for agri-commodity derivatives, easier AIF approvals, and relaxed borrowing norms for mutual funds

Sebi may reintroduce open market buyback window in June 19 board meeting
Updated On : 16 Jun 2026 | 12:03 AM IST

OMCs to infra: Analysts pick sectors likely to gain from US-Iran peace deal

Among sectors, Bernstein expects oil marketing companies (OMCs) will likely stand to benefit from reduced crude oil prices that dropped around 4 per cent on Monday to $83 a barrel (bbl)

OMCs to infra: Analysts pick sectors likely to gain from US-Iran peace deal
Updated On : 16 Jun 2026 | 12:01 AM IST

Vedanta Aluminium Metal may emerge as strongest performer after demerger

Analysts see the aluminium business as the most attractive near-term play among the newly listed Vedanta entities, aided by scale, low costs and favourable commodity trends

Vedanta Aluminium Metal may emerge as strongest performer after demerger
Updated On : 15 Jun 2026 | 11:43 PM IST

US-Iran truce lifts markets; Sensex gains 736 points as oil prices fall

Indian equities advanced along with global markets after the US and Iran agreed on a framework to end the conflict, raising hopes of lower energy prices

US-Iran truce lifts markets; Sensex gains 736 points as oil prices fall
Updated On : 15 Jun 2026 | 11:32 PM IST

Angel One pays ₹4.28 cr to settle case on stock brokers' norms' violation

Stock broker Angle One has settled a matter with Sebi by paying ₹4.28 crore over alleged lapses in monitoring authorised persons. It had sent show-cause notice to Angle One in May 2025

Angel One pays ₹4.28 cr to settle case on stock brokers' norms' violation
Updated On : 15 Jun 2026 | 11:15 PM IST

Rupee strengthens sharply as crude plunges; bond yields fall to 2-month low

The Indian currency strengthened against the dollar as crude oil prices declined sharply, while benchmark bond yields fell to their lowest level in two months

Rupee strengthens sharply as crude plunges; bond yields fall to 2-month low
Updated On : 15 Jun 2026 | 7:43 PM IST