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
A reopening of the Strait of Hormuz would provide significant relief for India by easing concerns over oil supplies, lowering freight costs and reducing pressure on inflation.
IFCI has indirect exposure to NSE through its 52.8% stake in Stock Holding Corporation of India Ltd (SHCIL). SHCIL owns a 4.4% stake in the stock exchange, which is preparing to list its shares.
L&T has a strong presence across infrastructure, hydrocarbon, power transmission, and industrial projects in various countries of the Middle East.
Investors are reducing exposure to AI-linked infrastructure and supply-chain plays, although confidence in core beneficiaries of the technology remains intact, according to Elara Capital
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.
ATF typically accounts for about 40 per cent of airline operating expenses and can rise to as much as 60 per cent during periods of sharp volatility.
Four companies that have taken shape following demerger from Anil Agarwal's Vedanta Ltd will list on the BSE and NSE on Monday (June 15).
While Q4FY26 results have led to an upward revision in our FY27E Nifty50 EPS growth forecast to 17.1 per cent, the recent track record of earnings downgrades warrants caution.
Stocks to watch today: Vedanta, Cipla, Dabur, Vi, Oil India, CDSL, Ratnaveer Precision, NLC India, Sagility among others will in focus today.
According to a Ministry of Finance notification, the government has removed excise duty on petrol blended with ethanol content of 22% (E22), 25% (E25), 27% (E27), and 30% (E30).
The sharp decline in MTAR Technologies shares today followed reports that Crusoe Energy Systems LLC has paused work on a project in Wyoming, for which Bloom Energy was contracted as fuel cell supplier
DOMS Industries shares jumped after the company entered into an asset purchase agreement with Reynolds Pens India
Vascon Engineers has received a letter of intent from the Central Public Works Department (CPWD), Guwahati, for the demolition and redevelopment of RBI quarters
PPAP Automotive has entered into a technology partnership agreement with Hutchinson to manufacture advanced body sealing systems in India for the passenger vehicle segment.
Stocks to watch today: Lenskart, Zee Entertainment, REC, PFC, Eternal, Airtel, Tata Consumer Products, Vascon Engineers, Nuvama Wealth, Rajesh Exports, among others, will be in focus today.
Nuvama gets Sebi approval to enter the mutual fund business, while CMR Green Technologies surges 29% on debut after a heavily subscribed IPO
Project GANGA in UP aims to build a robust, scalable digital backbone across Uttar Pradesh, extending highspeed broadband connectivity to over 20 lakh households over the next 2-3 years.
Fertiliser stocks are in high demand today after reports said that a surge in global fertiliser prices is likely to double the fertiliser subsidy bill from the Budget estimate of ₹1.7 trillion.
Clean Max Enviro Energy Solutions and Meta have announced a 900 MW renewable energy partnership in India.