Markets News
West Asia crisis: Equities surge most in two months as oil slips below $90
The rally was triggered by a sharp decline in crude prices after US President Donald Trump said a peace agreement could be signed as early as this weekend
 "West Asia crisis: Equities surge most in two months as oil slips below $90")
₹40K cr rush: Companies lock in easing bond yields through debt sales
₹27K cr debt haul this week; pipeline holds ₹13K cr for next week
 "₹40K cr rush: Companies lock in easing bond yields through debt sales")
Global shares advance as Trump claims breakthrough in Iran war talks
Expectations that an agreement between the US and Iran may help reopen the strait sent oil prices tumbling
 "Global shares advance as Trump claims breakthrough in Iran war talks")
SpaceX blows past $2 trillion valuation as stock jumps 20% after record IPO
Shares will likely not trade until the middle of the trading day, as the exchange collects buy and sell orders and underwriters delay trading until supply and demand is balanced
 "SpaceX blows past $2 trillion valuation as stock jumps 20% after record IPO")
SAT defers hearing on FPIs' appeal against Sebi proceedings to June 22
The Securities Appellate Tribunal deferred hearing on an appeal by five foreign portfolio investors challenging alleged procedural lapses in Sebi's adjudication proceedings
 "SAT defers hearing on FPIs' appeal against Sebi proceedings to June 22")
Royalty rate reversal, cooling crude oil prices negative for ONGC, OIL
The partial reversal of royalty benefits and uncertainty over crude oil prices could weigh on earnings, though higher production and gas output remain supportive factors
 "Royalty rate reversal, cooling crude oil prices negative for ONGC, OIL")
Wide variance: Passive value funds outpace active peers in last 3 years
Value-oriented indices delivered annualised returns of nearly 30 per cent over three years, while active value funds generated about half that return
 "Wide variance: Passive value funds outpace active peers in last 3 years")
Will review short-selling framework: Sebi chief Tuhin Kanta Pandey
Sebi Chairman Tuhin Kanta Pandey outlined plans to review short-selling norms, introduce bond index derivatives and issue guidelines on the responsible use of AI
 "Will review short-selling framework: Sebi chief Tuhin Kanta Pandey")
Outlook on PI Industries cautious even as Japan partner raises estimates
Kumiai Chemical's earnings revision highlights strong demand for pyroxasulfone, but concerns over generic competition and weak earnings growth keep analysts cautious on PI Industries
 "Outlook on PI Industries cautious even as Japan partner raises estimates")
Sensex jumps 1,695 points as hopes of US-Iran truce lift market sentiment
Benchmark indices posted their strongest single-day gains in over two months as easing geopolitical tensions and lower oil prices boosted investor sentiment
 "Sensex jumps 1,695 points as hopes of US-Iran truce lift market sentiment")
Corporate bond market revives with ₹27,000-crore issuances this week
Borrowers raised around ₹27,000 crore through corporate bonds this week as softer yields lowered costs, with another ₹13,000 crore scheduled next week
 "Corporate bond market revives with ₹27,000-crore issuances this week")
India's forex reserves drop $711 mn to $681.610 bn: RBI data
India's forex reserves fell by $711 million to $681.61 billion in the week ended June 5 as a decline in foreign currency assets outweighed gains in gold reserves
 "India's forex reserves drop $711 mn to $681.610 bn: RBI data")
Dhan launches US stocks, ETFs investing for Indians via GIFT City route
Dhan has partnered with ViewTrade for brokerage services and GlomoPay for payment technology services to facilitate investments in US securities
 "Dhan launches US stocks, ETFs investing for Indians via GIFT City route")
Stock Market Close: Sensex surges 1,695 pts, Nifty ends at 23,623 on hopes for US-Iran peace deal
Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 2.43 per cent and 2.8 per cent higher, respectively
 "Stock Market Close: Sensex surges 1,695 pts, Nifty ends at 23,623 on hopes for US-Iran peace deal")
Sensex rises 1,700 pts intra-day; Nifty above 23,600: Key reasons here
A Bloomberg report said that the US and Iran are edging closer to signing an agreement to reopen the Strait of Hormuz as the Group of Seven world leaders are set to meet next week.
 "Sensex rises 1,700 pts intra-day; Nifty above 23,600: Key reasons here")
Should you sell in the market rally today? What analysts suggest
While the global setup has turned positive, analysts suggest investors remain watchful of profit booking at higher levels after the recent volatility.
 "Should you sell in the market rally today? What analysts suggest")
NLC India shares jump 4% after winning Ministry of Mines mineral block
NLC India informed the exchanges that it has been declared the preferred bidder for the Parvathapur Vanadium, Titanium & Aluminous Laterite Block in Sangareddy, Telangana
 "NLC India shares jump 4% after winning Ministry of Mines mineral block")
Oil prices, FX risks loom over India's bond inflow push, says BlackRock
Seeking to shore up the rupee and interest in bonds, India last week announced tax cuts for overseas bond investors and a host of measures aimed at boosting inflows and improving market access
 "Oil prices, FX risks loom over India's bond inflow push, says BlackRock")
Vodafone Idea stock soars 6%, nears 52-week high; here's why
Voda Idea stock counter saw huge trading volumes, with a combined 726.89 million equity shares changing hands on the NSE and BSE till 02:21 PM on Friday.
 "Vodafone Idea stock soars 6%, nears 52-week high; here's why")
SBI, Bank of Baroda plan first dollar bonds under RBI subsidy window
Both banks are targeting to raise around $500 million through five-year dollar bonds