Meta deal, 49th AGM, stock at 52-week low: Why are analysts bullish on RIL?

RIL rose ~2% to ₹1,300 after a 168MW Jamnagar data-centre partnership with Meta, to be delivered in two years. Despite 9–12% recent declines on FY27 caution, export duties and West Asia risks, analysts stay medium-term positive. AGM may outline Jio IPO; key hurdle ₹1,320; AI DC demand rising.

Apple released developer betas of iOS 27, iPadOS 27 and macOS 27 after WWDC 2026, bringing faster performance, 80% quicker AirDrop, AI/Siri upgrades, Safari tab tools, iPad menu bar/Files tweaks, and macOS Apple‑silicon‑only support. Betas are risky; back up or wait for public beta in July.

In India’s booming app economy, push notifications drive retention and revenue but also fuel churn: up to 70% uninstall apps within 30 days, often due to overload. E-commerce, fintech, and social apps use them differently; AI-led personalisation helps, but winners will send fewer, smarter.

Referees deported, players detained and fans denied entry — Football World Cup 2026 is already mired in controversies that have little to do with football.

Hardik Pandya has suffered a quadriceps strain during rehab at BCCI’s CoE, ruling him out of India’s Afghanistan ODI series starting June 13 in Dharamshala. BCCI hasn’t officially confirmed; a replacement is expected. He’s targeting July’s England ODIs, while Rohit Sharma has cleared fitness.

Xiaomi 17T is a balanced mid-premium phone with 6.59-inch 1.5K 120Hz AMOLED, Dimensity 8500 Ultra, 6,500mAh battery (67W), and Leica-tuned triple cameras incl. 50MP main and 5x periscope. Strong performance, battery and imaging; stereo audio is basic and HyperOS 3 lacks polish. From Rs 59,999.

Paytm will hire about 4,000 staff over nine months (~10% growth) to expand its merchant network and AI-driven products, while laying off ~1% (~400) after appraisals. The fintech is revamping after RBI action on its bank affiliate and has posted four straight profitable quarters.

Jefferies’ Christopher Wood warns a SpaceX IPO—$75bn raised at $135 a share (≈$1.77tn value)—could mark peak AI euphoria. He says mega listings of SpaceX, Anthropic and OpenAI may drain liquidity from AI picks-and-shovels and hyperscalers as passive flows chase rapid index additions.

Analysts remain bullish on IndiGo despite near-term fuel costs. The carrier targets ~40% international capacity by FY30, adds A321XLRs, boosts fleet ownership, and scales to 200m passengers, ~3,000 daily flights and 550+ jets. Stock is down YTD; target Rs 5,000–6,020 on firm fares and traffic.

At WWDC 2026, Apple launched OS-level child-safety tools: mandatory Child Accounts, limited app access, Ask to Browse approvals, contact controls, Communication Safety (nudity/violence), Time Allowances, and a redesigned Screen Time boosting parental control amid scrutiny.

At WWDC, Apple previewed iOS, iPadOS, macOS, watchOS and visionOS 27 focused on speed and usability: faster AirDrop and app launches, smarter search, Safari tab grouping/alerts, UI transparency control, new Health features, Watch Find My hub, AirPods custom EQ, Vision Pro panorama scenes, more

Vaibhav Sooryavanshi, 15, starred in IPL 2026 (776 runs, Orange Cap) and earned a T20I call-up for the UK tour. Despite a stellar Youth ODI record (1,412 at 56.48; U-19 WC final 175), he must pile senior India A runs and show consistency to crack India’s ODI side amid Gaikwad, Jaiswal competition.

Zepto is closing in on Blinkit in quick commerce: Q4 FY26 revenue ₹7,497.6 cr on 210m orders vs Blinkit’s ₹13,232 cr and 273.9m, despite roughly half the dark-store base. Strong per-store throughput but heavy losses (adj. EBITDA −₹1,247.5 cr). NRV ₹8,133.8 cr, below Blinkit.

Sudeep Shah (SBI Securities) flags Polycab India and Coal India as technically strong. Polycab +43% FY27, near channel top; breakout above ₹9,800–9,850 may extend gains; support ₹9,250–9,200. Coal India +3.5% FY27; 50-D EMA support, rising volumes; resistance ₹485–490, support ₹445–450.

AI runs on a blend of chips: CPUs for general control, GPUs for parallel training, TPUs as Google’s neural accelerators, and NPUs for efficient on-device features in phones and PCs. Hyperscalers like AWS, Azure, and Google Cloud mix these to power data-center AI, boost performance, and cut costs.

When firms enter IBC, NSE/BSE impose ASM curbs to protect investors—narrow bands, limited trading. RInfra urged Sebi, NSE, BSE to relax weekly trade and 5% band, saying it hurts liquidity and price discovery for 700,000 shareholders; proposes call auctions/wider bands. NCLAT stay adds nuance.

When firms enter IBC, NSE/BSE impose ASM curbs to protect investors—narrow bands, limited trading. RInfra urged Sebi, NSE, BSE to relax weekly trade and 5% band, saying it hurts liquidity and price discovery for 700,000 shareholders; proposes call auctions/wider bands. NCLAT stay adds nuance.

SpaceX’s $75bn IPO, valuing it near $1.75trn, is stoking Asia investor frenzy. With retail set to get up to 30% but many in China/HK barred, traders pile into space ETFs and suppliers—especially in Taiwan/Japan. Global space stocks surge; strategists see retail-driven hype. Pricing June 11.

The Pentagon labeled WuXi AppTec a Chinese military–linked firm, threatening its US-heavy business and complicating American drug R&D. Contracts may wind down in five years, risking $30.4b; shares fell. WuXi denies ties and says ops continue as clients may diversify. WuXi Biologics not listed.

Trump says a U.S.-Iran peace deal is days away, with talks in “final throes” and a full blockade in place. This follows the Iran-Israel truce collapse and missile exchanges; Iran paused operations pending Israel’s moves in Lebanon. Trump warned Netanyahu against escalation.

Nifty 50 is 6% off its April peak, retesting 23,000-mar; Sensex today +0.5% but 7% off Apr highs. Geopolitics, oil and a weak Re weigh. Techs: weak below 23,250–23,300; sell-on-rise; supports 23,100/23,000 then 22,800–22,600. Sensex support 72,750–73,000; resistance 73,900–74,000.

India's rupee-rescue avoids capital controls, instead dangling hedging subsidies to spur $50b overseas borrowing and diaspora deposits. Andy Mukherjee says short-term inflows burden taxpayers and miss core woes—weak FDI, tepid returns—arguing lasting stability needs higher RBI rates.

After US President Trump’s appeal, Iran and Israel paused cross-border strikes, though Tehran warned it will resume if Israel keeps hitting Hezbollah. Both traded limited missile attacks with no deaths, jolting oil and FX. UN urged restraint as US-led peace talks and Lebanon, Hormuz issues persist.

With Cambodia cracking down, cyber-scam gangs are shifting to Sri Lanka, drawn by visa-free entry, strong telecoms, easy SIMs and informal money transfers. Police made 1,000+ arrests, but weak laws and oversight pose risks. Gangs disperse to hotels/offices; coordination and intel sharing are urgent.

Zepto filed draft papers with Sebi for a ~₹10,000-crore IPO: ₹8,010 crore fresh issue plus an OFS by existing investors. Proceeds target dark-store expansion, leases, tech and marketing. FY26 revenue doubled to ₹22,623.5 crore as losses widened. Q4 FY26: 210m orders; 1,139 stores; 47.9m users.

At WWDC 2026, Apple debuted Siri AI powered by Apple Intelligence with Google Gemini, enabling contextual, cross‑app actions, Visual Intelligence, and a new Siri app. OS 27 updates boost performance and privacy; Photos/Image tools add generative edits; Passwords automates sign‑ins; new child safety.

India gold ETFs saw $61m outflows in May, first in a year, cutting holdings to 116.3t as investors shifted to equities, supply strains tapped ETF gold, and higher real yields weighed. HDFC AMC capped lump-sum FoF buys at ₹10L. Long-term case intact; avoid lump sums, use SIPs, keep 5–10% allocation.

India resume WTC 2025–27 with two Tests in Sri Lanka (Aug 15–27), a pivotal spin trial. India are sixth (48.15%), SL third (66.67%). After recent defeats on turners and Ashwin’s exit, Gill’s side trials Suthar/Dubey under spin coach Bahutule. SL’s spin-friendly venues heighten stakes.

On debut in Mullanpur, 23-year-old Rajasthan spinner Manav Suthar took 6/22 vs Afghanistan, becoming the 10th Indian and 7th Indian spinner with a five-for on debut. With Krishna (3/37) and Washington Sundar (1/21), India bowled AFG out for 152 replying to 564, leading by 412. 

AI compute is becoming a rentable asset class. Google’s lease of ~110k GPUs via SpaceX shows GPU clusters as income‑generating infrastructure amid power and capex constraints and trillion‑dollar buildouts. Even hyperscalers rent bridge capacity; markets like India may move up the value chain.

AI compute is becoming a rentable asset class. Google’s lease of ~110k GPUs via SpaceX shows GPU clusters as income‑generating infrastructure amid power and capex constraints and trillion‑dollar buildouts. Even hyperscalers rent bridge capacity; markets like India may move up the value chain.

India crushed Afghanistan by an innings and 300 runs in the one-off Test at New Chandigarh—their biggest Test win. Spinners led the rout: debutant Manav Suthar 7/62, Washington Sundar and Kuldeep Yadav. India made 564/8 (Gill 126, Rahul 100, Pant & Sudharsan 81, Sundar 52*); Afghanistan 152 & 112.

Economists see the RBI turning hawkish after Gov. Malhotra flagged possible hikes and lifted the FY27 inflation forecast to 5.1% while holding the rate at 5.25%. HSBC eyes Aug/Oct hikes; OCBC, Deutsche Bank, Goldman see ~50 bps. Risks: weak monsoon. Nomura expects a slower, data-led response.

A year after BluSmart shut amid misconduct claims, Vietnam’s Green SM launches electric taxis in Delhi-NCR, betting on cheaper batteries, more chargers and high fuel costs. VinFast integration helps costs, but success needs reliable charging, grid readiness, sharp execution and premium service.

RBI has built a record $110–115b net-short dollar forward book, ramping up offshore NDFs and short-dated sales plus longer onshore swaps to steady a rupee hit by Iran-war oil shock. This curbs volatility without draining reserves, but maturities add dollar demand. Reserves $682.3b.

Smartphones fill up with photos, WhatsApp backups and AI files, pushing users from free tiers to paid cloud plans. In India, storage is booming ($5.4B 2025 to ~$60B 2034). Google One bundles AI; Airtel and Jio tie storage to their ecosystems, deepening lock-in as digital hoarding. 

CMF Watch 3 Pro is a refined upgrade: premium circular alloy build, 1.43in AMOLED, dual-band GPS, better health sensors, Bluetooth calling, Nothing X app, and voice-note transcription. Accurate tracking and week-plus battery. Cons: no swap bezels, basic run coach, occasional raise-to-wake miss. 

At WWDC 2026, Apple will debut a revamped, Gemini-powered Siri with on-screen awareness, cross-app actions, and a new Search or Ask interface, plus broader AI tools across its platforms. After past delays, Apple leans on Google cloud while stressing privacy; OS updates focus on polish.

Indian IT stocks have slumped since the Feb 3, 2026 peak on fears AI will disrupt outsourcing. AI spend rose 10–13% while IT services growth slowed to 3–4%. Nifty IT is down ~33%; HCL, LTI Mindtree, TCS ~-36%, Infosys/Wipro/Persistent -25–32%. Charts signal weakness; more falls if supports break.