Today's rally was buoyed by a report that the government is likely to clear Dixon-Vivo JV this month, which will reduce the risk exposure of the Chinese mobile company to India.
A closer look at the performance of Bitcoin and Ethereum versus equity markets shows that equities have performed comparatively well despite geopolitical tensions.
Notably, Qatar had halted LNG production after its facilities were attacked by Iran. India depends on long-term LNG contracts with Qatar for a significant share of its gas needs.
Devyani International and Sapphire Foods merger will take place through a share-swap mechanism. Under the share swap ratio, 177 shares of DIL will be issued for every 100 shares of Sapphire Foods.
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.
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.
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.
Aakash Shah, technical research analyst at Choice Equity Broking recommends to buy Krishna Defence, Avalon Technologies and TI India on Monday.
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
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.
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.