Crude Oil Futures Fall as US, Iran Continue Peace Talks
Crude oil futures slipped on Tuesday as US‑Iran peace talks progressed in Switzerland, with September Brent falling to $77.26, down 0.34%, and WTI August at $73.68, down 0.24%. The market also reacted to a new 60‑day US licence permitting Iran to export oil, easing sanctions pressure. Indian crude contracts traded near $84, showing only a modest local effect. Analysts warned that the pace of oil flow normalization through the Strait of Hormuz remains the primary price driver.
DEE Development Engineers' Subsidiary Bags ₹64-Crore Windmill Tower Order
DEE Development Engineers Ltd's subsidiary DEE Fabricom India secured a ₹64 crore (≈$7.8 million) contract to supply 15 Envision‑make 353 MT windmill towers for 3.3 MW turbines, with delivery due by January 2027. The order, awarded by Ganeko Solar Private Ltd, includes a three‑tranche payment...
PPFAS Mutual Fund Makes Contrarian Bet on IT Stocks
India’s largest actively managed equity fund, PPFAS Flexi Cap, is increasing its exposure to IT services despite a 27% drop in the Nifty IT index this year. The fund added HCL Technologies and Infosys, raising its tech allocation to about...
SEBI Proposes Consolidating Technology Norms Across MIIs
The Securities and Exchange Board of India (SEBI) has proposed a sweeping overhaul of technology regulations for market‑infrastructure institutions (MIIs) such as stock exchanges, clearing corporations and depositories. The regulator plans to merge existing master circulars for equities and commodity...
Hindustan Zinc Signs MoU for Hydrogen-Based Mining Solutions
Hindustan Zinc Ltd, part of Vedanta, signed an MoU with Advantek Associates and Aero Eagle Automobiles to evaluate green hydrogen and clean‑energy solutions for its mining operations. The partnership will assess hydrogen generation, storage, dispensing and hydrogen‑powered equipment, including hydrogen...
Flat Opening Seen for Indian Stocks
Indian equities are set for a flat‑to‑positive open as the Gift Nifty hovers at 24,164, reflecting cautious optimism amid mixed signals from U.S.–Iran peace talks. A recent dip in crude oil below $80 a barrel and a 1% rupee gain...
Sensex Today | Stock Market Live Updates: Flat Opening Seen for Indian Stocks
India’s equity market opened flat on June 22, with the Sensex hovering near recent highs while Godfrey Phillips India surged past its 21‑day and 50‑day moving averages, trading around ₹2,281 ($27.8). The stock is being pitched as a buy at the...
US-Iran Talks, Crude Oil Movement, Macro Data to Dictate Bullion Trend Next Week: Analysts
Analysts say next‑week bullion prices will hinge on US‑Iran talks in Bürgenstock, crude‑oil flows and a slate of macro data. The talks, led by US Vice President JD Vance, aim to flesh out a 60‑day framework that could reshape risk...
Mcap of Nine of Top-10 Most Valued Firms Jumps ₹2.15 Lakh Crore; Airtel Biggest Winner
The BSE Sensex surged 1,274.95 points (1.68%) as nine of India’s top‑10 firms added roughly ₹2.15 lakh crore ($26 billion) in market value last week. Bharti Airtel led the gains, its valuation rising by ₹52,433 crore (about $6.3 billion) to ₹11.63 lakh crore, while LIC, Bajaj Finance and Reliance Industries...
India's BoP Outlook Improves, INR Depreciation Pressure to Ease: Goldman Sachs
Goldman Sachs reports India posted a $7.2 bn balance‑of‑payments surplus in Q1 CY26, driven by strong remittances, services exports and low oil imports. The brokerage trimmed its current‑account‑deficit outlook to 1.3% of GDP for CY26 and 1.7% for FY27, down from...
Broker’s Call: Aegis Logistics (Buy)
Broker’s Call recommends a BUY on Aegis Logistics, targeting a price of ₹1,369 (~$16.5k) versus the current ₹1,006.95 (~$12.1k). The company runs 22 terminals across seven Indian ports, commanding about 61% of private LPG imports and over 30% of the...
Bandhan Bank Increases FCNR(B) Deposit Rates to 7.1% After RBI Forex Swap Move
Bandhan Bank announced higher interest rates on its Foreign Currency Non‑Resident (FCNR(B)) deposits, offering 7.1% for US‑dollar deposits of $1 million or more and 7.0% for smaller amounts. The rates apply to ten‑year tenures of three to five years. The move...
Sensex Today | Stock Market Live: Sensex, Nifty Set for Flat Opening as Oil Price Relief Offsets Fed Rate Concerns
Indian benchmark indices Sensex and Nifty are poised for a flat opening on June 18, 2026 as investors weigh the recent dip in crude oil prices against lingering concerns over U.S. monetary policy. Oil prices fell after the United States and Iran...
NSE IPO May Enter India’s Top 10 Most-Valued Companies with ₹5 Lakh Crore Valuation
The National Stock Exchange (NSE) is preparing an IPO valued at roughly ₹30,000 crore (about $3.6 billion). Market estimates place the unlisted NSE at over ₹5 lakh crore, roughly $60 billion, positioning it among India’s ten most‑valued listed firms. This valuation would place NSE ahead...
Leapfrog Engineering IPO Subscribed 1.28 Times on Day 1, QIB Demand Leads Surge
Leapfrog Engineering Services, a Bengaluru‑based EPCC firm, opened its SME IPO on June 17, 2026, receiving 1.28× overall subscription. Qualified institutional buyers drove demand, subscribing 12.48×, while retail interest was modest at 29%. The issue includes a fresh issue of...