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FIA flags concerns over Sebi's revised net worth norms for brokers

The global derivatives industry body says client balances should not be treated as a proxy for broker risk and warns that higher capital requirements could increase costs

FIA flags concerns over Sebi's revised net worth norms for brokers
Updated On : 03 Jun 2026 | 5:57 PM IST

Stock Market Close: Sensex pares losses to end 304 pts lower; Nifty settles at 23,406

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.42 per cent and 0.11 per cent down, respectively

Stock Market Close: Sensex pares losses to end 304 pts lower; Nifty settles at 23,406
Updated On : 03 Jun 2026 | 3:50 PM IST

Markets mayhem: Sensex dips 1157pts intraday; Nifty near 23,150; here's why

The Sensex settled with a cut of 303.67 points, or 0.41 per cent, at 74,346.17. The Nifty50 ended at 23,405.60, down 77.95 points, or 0.33 per cent.

Markets mayhem: Sensex dips 1157pts intraday; Nifty near 23,150; here's why
Updated On : 03 Jun 2026 | 3:49 PM IST

IFCI surges 14%, hits 21-month high on huge volumes in weak market

The average trading volumes at the IFCI counter jumped over six-fold, with a combined 319.56 million equity shares changing hands on the NSE and BSE till 03:13 PM on Wednesday.

IFCI surges 14%, hits 21-month high on huge volumes in weak market
Updated On : 03 Jun 2026 | 3:39 PM IST

Crude oil outlook: Brent seen in $90 - $115 range as supply strains persist

Gulf's flagship national oil companies have issued stark timelines. Saudi Aramco CEO Amin Nasser warned that oil market will not normalise until 2027 if Hormuz disruptions persist past mid-June 2026.

Crude oil outlook: Brent seen in $90 - $115 range as supply strains persist
Updated On : 03 Jun 2026 | 3:21 PM IST

Which sectors are expensive & which are cheap? PL Capital's valuation guide

PL Capital says defence, power and capital goods stocks remain richly valued, while IT, retail, hotels and real estate trade below historical averages

Which sectors are expensive & which are cheap? PL Capital's valuation guide
Updated On : 03 Jun 2026 | 3:02 PM IST

Govt to cut taxes, relax bond ownership rules to attract foreign investment

The cabinet on Wednesday is expected to consider a significant cut in the taxes paid by global funds on the nation's bonds

Govt to cut taxes, relax bond ownership rules to attract foreign investment
Updated On : 03 Jun 2026 | 3:01 PM IST

Vodafone Idea soars 6%, hits 20-month high; stock zooms 75% in 2 months

The capex execution, along with an expected industry tariff rationalisation over the next 12-24 months and improving network quality, are expected to support ARPU improvement and growth, believes ICRA

Vodafone Idea soars 6%, hits 20-month high; stock zooms 75% in 2 months
Updated On : 03 Jun 2026 | 2:31 PM IST

Epack Prefab Technologies share price zooms 16% on ₹165 crore order win

Incorporated in 1999, EPack Prefab Technologies provides PEB solutions, covering design, fabrication, and installation for industries across commercial, industrial, and institutional sectors.

Epack Prefab Technologies share price zooms 16% on ₹165 crore order win
Updated On : 03 Jun 2026 | 2:19 PM IST

RBI, Sebi tightens checks on overseas flows as currency pressure mounts

In a rare move, the RBI has sent at least 10 queries to ascertain whether funds were routed overseas without a clear business purpose or tangible asset backing

RBI, Sebi tightens checks on overseas flows as currency pressure mounts
Updated On : 03 Jun 2026 | 2:05 PM IST

Borosil Renewables up 10% on 5-year CVD extension on Malaysia solar glass

The buying on the counter came after Borosil Renewables welcomed the Ministry of Finance's recommendation for continued imposition of definitive CVD on imports of solar glass from Malaysia

Borosil Renewables up 10% on 5-year CVD extension on Malaysia solar glass
Updated On : 03 Jun 2026 | 1:59 PM IST

CMR Green Tech IPO defies weak market mood; fully booked on Day 1

According to NSE data, CMR Green Tech IPO received bids for 2,68,50,642 shares against 2,30,43,930 shares on offer, resulting in an overall subscription of 1.17 times

CMR Green Tech IPO defies weak market mood; fully booked on Day 1
Updated On : 03 Jun 2026 | 1:51 PM IST

John Cockerill hits all-time high on bagging order ₹1,250-1,300 crore order

The buying on the counter came after the company and its parent John Cockerill Metal International SA (JCMI) have received a letter of intent from JSW Vijayanagar Metallics

John Cockerill hits all-time high on bagging order ₹1,250-1,300 crore order
Updated On : 03 Jun 2026 | 1:36 PM IST

LTM's AI-led 'Lakshya 2031' plan impresses analysts; execution remains key

LTM's AI-led 'Lakshya 2031' strategy won analysts' backing with nrokerages seeing growth potential from Business AI, BlueVerse and Randstad integration.

LTM's AI-led 'Lakshya 2031' plan impresses analysts; execution remains key
Updated On : 03 Jun 2026 | 1:30 PM IST

Ashok Leyland skids 5%, hits 6-month low; why CV stock under pressure?

In the past four trading days, the stock price of Ashok Leyland slipped 13% after the company reported muted sales volumes with a decline of 4% YoY at 14,923 units in the month of May 2026.

Ashok Leyland skids 5%, hits 6-month low; why CV stock under pressure?
Updated On : 03 Jun 2026 | 1:29 PM IST

DLF, Sobha, Lodha: Bonanza decodes trading strategy in top realty stocks

Virat Jagad, technical analyst at Bonanza believes that DLF, Sobha and Lodha are precariously placed on the charts, wherein a breach of key supports could make them vulnerable to further downside.

DLF, Sobha, Lodha: Bonanza decodes trading strategy in top realty stocks
Updated On : 03 Jun 2026 | 1:17 PM IST

Holding Trent stock? Check if you're eligible for bonus shares, dividend

Trent's board has approved the issuance of bonus shares in the ratio of 1:2, implying one bonus equity share of ₹1 each for every two fully paid-up equity shares of ₹1 each held by shareholders

Holding Trent stock? Check if you're eligible for bonus shares, dividend
Updated On : 03 Jun 2026 | 1:02 PM IST

MOFSL on Shriram Finance: MUFG deal to aid growth; keeps Buy for 28% upside

Following the deal with MUFG, Motilal Oswal said that Shriram Finance is well-positioned to capitalise on emerging growth opportunities, supported by strong execution and deep customer relationships.

MOFSL on Shriram Finance: MUFG deal to aid growth; keeps Buy for 28% upside
Updated On : 03 Jun 2026 | 12:37 PM IST

Nifty IT snaps 3-day rally, tumbles 6%; TCS, LTM tank up to 9%; here's why

IT stocks witnessed heavy selling pressure on Wednesday tracking overnight losses in technology shares in the US market. Indian ADRs cracked up to 8%.

Nifty IT snaps 3-day rally, tumbles 6%; TCS, LTM tank up to 9%; here's why
Updated On : 03 Jun 2026 | 12:27 PM IST

Gujarat Alkalies jumps 4% on hybrid renewable energy tie-up with CleanMax

The project is being implemented across four CleanMax renewable energy sites in Gujarat - Kalikanagar, Aji Dahisarda, Rajula, and Ghuntu - in two phases

Gujarat Alkalies jumps 4% on hybrid renewable energy tie-up with CleanMax
Updated On : 03 Jun 2026 | 12:15 PM IST