News
India and China agree to resume direct air services under a new bilateral agreement signed in New Delhi, enhancing economic cooperation and people-to-people connectivity.
MCX Gold surges to ₹100,300 as Middle East tensions escalate; analysts recommend a “buy the dip” approach near ₹99,000 support levels amid global uncertainty
Bajaj Broking recommends Sterling & Wilson and Prince Pipes as strong buys amid market pullback, with Nifty expected to find broader support around 24,600–24,700.
Aten Papers & Foam launches its ₹31.7 crore SME IPO even as broader markets struggle, with Nifty Midcap 150 down ~0.8% and CRISIL facing pressure on high volumes.
The Indian stock market plunged with Nifty falling below 24,550 due to escalating Israel–Iran tensions and rising oil prices, triggering sharp volatility in oil-linked and airline stocks.
Dixon Technologies and Signify Innovations India have entered into a 50-50 joint venture to enhance manufacturing and technological capabilities in India’s domestic lighting industry.
Moody’s and the World Bank have reaffirmed India’s strong growth outlook, maintaining a 6.3% GDP forecast for FY26 and reinforcing India’s status as the fastest-growing major economy globally.
The Nifty Next 50 index slipped by 1.7% as DLF and LIC led the downturn, with notable declines also seen in GAIL, Indian Oil, Adani Energy, and Vodafone Idea amid broader market pressure.
Nuvama analysts name Tata Motors, Mphasis, and Hero MotoCorp as top stock picks for June 12, forecasting Nifty to trade between 25,400 and 25,600 amid positive market momentum.
Goldman Sachs projects the Indian rupee to strengthen to ₹83/USD within nine months, recommending options strategies to investors looking to benefit from the currency’s potential rally.
Monolithisch India’s SME IPO opens on NSE’s SME platform aiming to raise ₹82 crore through fresh equity between June 12 and 16, marking a major fundraising initiative in 2025.
Shubman Gill becomes the youngest Indian Test captain in recent history, officially taking charge at 25 with a symbolic photoshoot in England ahead of the upcoming series.
India secures its place in the ICC World Test Championship Final at Lord’s. The final kicks off on June 11, featuring Australia vs South Africa in a high-stakes clash.
Punjab CM Bhagwant Mann launches a ₹77 crore world-class sports complex in Jalandhar, aiming to enhance regional sports infrastructure and athletic talent development.
Chief Minister M.K. Stalin launches $410 million worth of World Bank-backed projects in Tamil Nadu, focusing on women’s employment, marine sustainability, and rural rejuvenation.
Uttar Pradesh is fast becoming a preferred destination for Global Capability Centres, driven by abundant young talent, upgraded infrastructure, and progressive investor-friendly policies.
The midcap index slipped marginally, but GE Vernova and J.K. Cement stood out as volume leaders, reflecting strong investor interest amid mixed market sentiment.
Indian markets soar as Nifty crosses 25,100 and Sensex nears 82,500. The rally is driven by RBI’s bold rate cut and strong U.S. jobs data, boosting investor confidence.
The RBI has slashed the repo rate in its most aggressive move in five years, targeting 7–8% growth. While aiming to boost demand and investment, experts warn of inflation and fiscal risks.
The World Bank has lowered India’s growth forecast from 6.7% to 6.3% for 2025, citing global headwinds, but reaffirms India as the fastest-growing major economy in the world.
