Stock Market Highlights: Nifty, Sensex Rally To Recoup Most Of Yesterday's Losses As Brent Drops Below Pre US-Iran War Levels
The NSE Nifty 50 rose 197.55 points, or 0.83%, to close at 24,021.65, while the BSE Sensex gained 790.54 points, or 1.04%, to end at 76,991.22.
The benchmarks recovered most of Tuesday's losses, when both indices fell 1.16%. Brent crude dropped below levels seen before the US-Iran war, easing concerns over oil-linked risks. The NSE Nifty 50 rose 197.55 points, or 0.83%, to close at 24,021.65, while the BSE Sensex gained 790.54 points, or 1.04%, to end at 76,991.22.
Meanwhile, Brent crude futures for August fell 1.8% to $75.68 per barrel, the lowest level since Feb. 27. US West Texas Intermediate crude futures for August declined 1.7% to $71.87 per barrel. Oil prices extended losses as concerns over supply disruptions eased, while investors tracked developments around the Strait of Hormuz.
Elsewhere, Asian markets ended mostly higher on Wednesday, with South Korea's Kospi rising 3.26% to 8,471.02. Hong Kong's Hang Seng gained 0.33% to 23,412.18, while Australia's ASX 200 rose 0.24% to 8,808.40. Shanghai advanced 0.11% to 4,110.813, while Japan's Nikkei 225 fell 0.88% to 69,174.97.
Stock Market Highlights
Nifty closed higher, rising over 0.8% on Wednesday. InterGlobe Aviation and Adani Enterprises were among the top gainers on the index. InterGlobe Aviation rose nearly 5% to hit its highest level in seven months, while Adani Enterprises gained over 3.5%.
Broader markets underperformed the benchmarks. The Nifty Midcap 150 ended flat, with JSW Infra and KPR Mill among the top gainers, rising over 7% each. GE Vernova T&D and Hitachi Energy were among the top losers, falling over 6% each.
The Nifty Smallcap 250 closed nearly 0.2% higher. CreditAccess Grameen and Jyoti CNC Automation were among the top gainers, rising over 6% and 5%, respectively.
All sectoral indices ended in the green, except Nifty Auto and Nifty Metal. Nifty Realty was the top sectoral gainer, rising nearly 2.2%, led by Brigade Enterprises and Phoenix Mills, both up over 3.3%.
Nifty Auto was the top losing sector, falling nearly 0.5%. Bajaj Auto and Tube Investments were among the top losers in the index, declining over 2.7% each.
Nifty Pharma rose for the fifth straight session, while Nifty FMCG snapped a three-day losing streak. Nifty Metal and Nifty Auto declined for the second consecutive session.
Stock Market Wrap: Nifty, Sensex Recoup Most Of Tuesday’s Losses As Oil Falls
Nifty 50 rose 197.55 points, or 0.83%, to close at 24,021.65, while the Sensex gained 790.54 points, or 1.04%, to end at 76,991.22.
The benchmarks recovered most of Tuesday’s losses, when both indices fell 1.16%. Brent crude dropped below levels seen before the US-Iran war, easing concerns over oil-linked risks.
Stock Market Live: Nifty Tops 24,050, Sensex Gains Nearly 900 Points
Nifty 50 rose 232.75 points, or 0.98%, to 24,056.85, while the Sensex gained 893.92 points, or 1.17%, to 77,094.60.
Stock Market Live: Asian Markets End Higher; Kospi Leads Gains
- Asian markets ended mostly higher on Wednesday, with South Korea’s Kospi rising 3.26% to 8,471.02.
- Hong Kong’s Hang Seng gained 0.33% to 23,412.18, while Australia’s ASX 200 rose 0.24% to 8,808.40. Shanghai advanced 0.11% to 4,110.813, while Japan’s Nikkei 225 fell 0.88% to 69,174.97.
Stock Market Live: Bosch Home Comfort Promoters Sell 7.7% Stake Via OFS
- Bosch Home Comfort’s promoters sold a 7.7% stake through an offer for sale, according to an exchange filing.
- The promoters’ stake in the company now stands at 74.52%.
Stock Market Live: Royal Orchid Hotels Sees Over 70% Occupancy In FY27
- Royal Orchid Hotels told NDTV Profit that the war affected India’s hospitality business, while domestic travellers chose Indian destinations.
- The company said leisure destinations saw good bookings during the monsoon and Q1 growth was good. It expects over 70% occupancy in FY27 and said 50 hotels are in its current pipeline.
- Royal Orchid Hotels said it expects to cross 3,000 hotels by FY30 and that a new hotel takes six months to one year to stabilise.
Stock Market Live: Lenskart Sees 29.8 Lakh Shares Change Hands In Block Trade
Lenskart Solutions saw 29.8 lakh shares change hands in a block trade, according to Bloomberg data.
Stock Market Live: Bharat Dynamics Bags Rs 1,347 Crore Order From HAL
- Bharat Dynamics received an order worth Rs 1,347 crore from HAL, according to an exchange filing.
- The order is for Helina launchers and CMDS line replaceable units. CMDS stands for Counter Measures Dispensing System.
Stock Market Live: ESAF SFB Says Microfinance Sector Faces Difficult Conditions
- ESAF Small Finance Bank told NDTV Profit that the microfinance sector is going through difficult times and that it is providing timely support to member institutions.
- The bank said it is working with 21 small MFIs under an acceleration programme and with banks to improve funding for MFIs. It said a credit guarantee scheme will help improve fund flow.
Stock Market Live: Trent Says Store Expansion Remains Key Growth Driver
- Trent said it has about 2% share of India’s fashion and lifestyle retail market. Since setting its 2023 ambition of 10 times revenue growth, the company said it has achieved 2.5 times revenue growth and about three times profit growth.
- The company plans to add 50 Westside stores, 200–250 Zudio stores and 25–40 Star stores annually. It sees store potential of 700 for Westside and about 5,000 for Zudio over the long term.
- Trent said store densification and higher productivity of new stores affected like-for-like growth. It is targeting early double-digit like-for-like growth over the medium term, while fine-tuning formats such as Samoh and Burnt Toast.
- The company said footwear, innerwear, beauty and lab-grown diamonds are important growth drivers. It also plans to take both Westside and Zudio overseas over time. Noel Tata will retire as chairman of Trent.
Stock Market Live: HAL In Focus As GE F414 Engine Deal Sees Price Escalation
- HAL will be in focus after media reports said the GE F414 engine deal has seen steep price escalation.
- The GE engine is used for the Tejas light combat aircraft and is important for multiple Indian defence platforms. The government is looking at alternative supply partners, according to the reports.
Stock Market Live: Oracle Financial, Tech Mahindra Lead Gains In Nifty IT
- Oracle Financial Services Software rose 2.62%, while Tech Mahindra gained 2.10% and Infosys advanced 1.72%, according to NSE data.
- TCS and Persistent Systems also traded higher, rising 1.57% and 1.17%, respectively. Wipro was the only loser among the stocks shown, down 1.29%.
Stock Market Live: Nifty Bank, IT Lead Sectoral Gains; Defence, Energy Drag
- Nifty Bank rose 1.57%, while Nifty IT gained 1.42% and Nifty Financial Services advanced 1.30%, leading sectoral gains, according to NSE data.
- Nifty Realty, PSU Bank, Oil and Gas and Pharma also traded higher. Nifty India Defence fell 0.78%, while Nifty Energy, Auto, Media, Consumption, Metal and FMCG traded lower.
Stock Market Live: Iran Oil Minister To Visit India For BRICS Energy Meet
- Iran’s oil minister Mohsen Paknejad is heading to India to attend the 11th meeting of BRICS energy and oil ministers, Iranian Petroleum Ministry spokesperson Saman Ghodousi said on X.
- Paknejad will hold discussions with India’s oil minister and officials from other member countries on upcoming collaborations during the visit.
Stock Market Live: Government Says E20 Fuel Will Not Affect Vehicle Insurance
- The government said India’s ethanol blending programme remains safe and that using E20 fuel will not affect the validity of vehicle insurance policies, PTI reported.
- The oil ministry said claims linking E20 fuel use to insurance invalidation were incorrect. It said ethanol blending has helped India save more than Rs 1.4 lakh crore in foreign exchange by reducing crude oil imports.
Stock Market Live: Nifty, Sensex Hit Day’s High After Early Swings
- Benchmarks moved to the day’s high after fluctuating between gains and losses in early trade.
- Nifty 50 rose 150.65 points, or 0.63%, to 23,974.75, while the Sensex gained 635.66 points, or 0.83%, to 76,836.34.
Stock Market Live: Naukri Open Interest Climbs 150% Since Previous Expiry
- Naukri's total open interest has risen 150.35% since the last expiry cycle.
- The stock has declined nearly 28% over the same period.
Stock Market Live: Persistent Systems Records 171% Increase In Open Interest
- Persistent Systems' total derivatives open interest has increased 171.68% since the previous expiry.
- The stock has fallen 16.83%, indicating heavy derivatives activity despite weakness.
Stock Market Live: Wipro Tops F&O Open Interest Growth Since Last Expiry
Wipro's total derivatives open interest has increased 246.52% since the previous expiry.
Other stocks witnessing significant OI growth include:
- PI Industries: 188.28%
- Persistent Systems: 171.68%
- Naukri: 150.35%
- TCS: 127.71%
Stock Market Live: Bank Nifty Open Interest Climbs 137% Since Last Expiry
- Bank Nifty has slipped 1.04% since the previous expiry, while total open interest has surged 136.67%.
- The increase highlights continued participation despite limited index movement.
Stock Market Live: Nifty Open Interest Jumps 95% Since Last Expiry
- Nifty 50 has declined 7.83% since the previous expiry, while total derivative open interest has increased 95.28% to more than 93 lakh contracts.
- The rise reflects significant rollover and fresh positioning activity.
Stock Market Live: Bank Nifty Positioning Centres Around 57,000-58,000
Options data shows:
- Highest Put OI: 57,000 strike
- Highest Call OI: 58,000 strike
The positioning indicates traders continue to monitor the 57,000-58,000 zone closely.
Stock Market Live: Bank Nifty Put Writers Continue To Support 57,000
- The 57,000 strike carries the largest Put open interest in Bank Nifty with nearly nine lakh contracts.
- Additional Put support is visible at 57,500 and 58,000.
Stock Market Live: Bank Nifty Call Writers Build Largest Position At 58,000
- Bank Nifty's highest Call open interest remains concentrated at the 58,000 strike with around 18 lakh contracts.
- Fresh additions were also visible at 57,500 and 58,500 strikes.
Stock Market Live: Nifty Option Positioning Suggests 23,000-25,000 Trading Band
Open interest distribution shows:
- Highest Put OI: 22,000 strike
- Significant Put OI: 23,000 strike
- Highest Call OI: 25,000 strike
The positioning indicates traders are preparing for a broad trading range between 23,000 and 25,000.
Stock Market Live: Nifty Put Writers Defend 22,000 Strike
- Put open interest remains highest at the 22,000 strike with nearly 7.4 lakh contracts.
- The 23,000 strike carries the second-largest Put base, suggesting traders continue to view the 22,000-23,000 region as an important support zone.
Stock Market Live: Adani Power To Lead Rs 2 Lakh Crore Expansion Programme
- Adani Power is undertaking a capital expenditure programme exceeding Rs 2 lakh crore, Gautam Adani said.
- The company aims to expand generation capacity to 45 GW over the next five years, making it one of the largest private-sector power expansion plans in India.
Adani Power To Lead Rs 2 Lakh Crore Expansion Programme
- Adani Power is undertaking a capital expenditure programme exceeding Rs 2 lakh crore, Gautam Adani said.
- The company aims to expand generation capacity to 45 GW over the next five years, making it one of the largest private-sector power expansion plans in India
Stock Market Live: Nifty Call Writers Continue To Build Largest Wall At 25,000
- The highest Call open interest on Nifty remains concentrated at the 25,000 strike with more than 11 lakh contracts outstanding.
- Additional Call concentrations are visible at 24,000 and 24,500, indicating traders continue to see resistance emerging above current levels.
Stock Market Live: Hyundai, Delhivery And Policybazaar See Bearish Bets Increase
Hyundai Motor India, Delhivery and PB Fintech featured among stocks witnessing fresh short build-up.
Other names included:
- ABB
- Federal Bank
- Havells India
- Marico
- Asian Paints
Stock Market Live: Adani Power Targets 45 GW Capacity In Next Five Years
- Adani Power is executing what Gautam Adani described as India's largest private-sector power expansion programme, with investments exceeding Rs 2 lakh crore.
- The company aims to increase generation capacity to 45 GW over the next five years as India seeks to meet rising electricity demand.
Stock Market Live: ABB, Federal Bank And Havells Feature In Fresh Short List
ABB, Federal Bank and Havells India featured among stocks witnessing fresh short positions.
Other stocks included:
- Policybazaar
- Delhivery
- Hyundai Motor India
- Asian Paints
- TVS Motor
Stock Market Live: PI Industries Sees OI Rise Of 188% Since Previous Expiry
- PI Industries has witnessed a 188.28% increase in total open interest since the previous expiry.
- The stock, however, has declined 23.48% during the same period.
Stock Market Live: Ashika Institutional Says Defence Sector View Remains Structural
- Ashika Institutional told NDTV Profit that it has a structural view on the defence sector and the space is no longer seeing cyclical trends.
- It said a UAE deal could open opportunities with other GCC countries. The firm also said optics businesses in defence can see margins of as much as 60%.
Stock Market Live: Nifty Bank Option Data Indicates Resistance Around 58,000
- Nifty Bank option positioning showed heavy Call open interest around the 58,000 strike.
- Put writers remained active around 57,000–57,500 levels.
- The setup indicates traders are watching the 58,000 level as an important hurdle.
Stock Market Live: Dixon Technologies, IndiGo And BHEL Attract Bullish Bets
Dixon Technologies, IndiGo and BHEL featured among stocks witnessing fresh buying interest.
Other names on the accumulation list included:
- Federal Bank
- Pidilite Industries
- Max Healthcare
- Mankind Pharma
- Nykaa
Stock Market Live: JSW Steel, Mphasis And Uno Minda See Fresh Shorts
JSW Steel, Mphasis and Uno Minda featured among stocks witnessing fresh short build-up.
Other stocks on the list included:
- Power India
- Patanjali Foods
- Lodha
- TVS Motor
- Britannia Industries
Stock Market Live: ONGC, BEL And Vodafone Idea Witness Long Unwinding
ONGC, BEL and Vodafone Idea featured among stocks witnessing liquidation in the derivatives segment.
Other stocks seeing long unwinding included:
- NMDC
- Oil India
- Hindalco
- HAL
- Bharti Airtel
The pattern of declining prices and falling open interest suggests traders are exiting existing long positions.
Stock Market Live: Bajaj Finance, OFSS And Dixon Technologies See Fresh Long Positions
Bajaj Finance, OFSS and Dixon Technologies featured among stocks witnessing fresh accumulation.
Other stocks on the list included:
- Max Healthcare
- Mankind Pharma
- IndiGo
- Tata Consumer Products
- Dalbharat
Rising prices alongside higher open interest indicate fresh bullish positions.
Stock Market Live: Page Industries, DMart And Shree Cement Feature In Bullish Build-Up
Page Industries, DMart and Shree Cement featured among stocks witnessing accumulation in the derivatives segment.
Other stocks witnessing bullish build-up included:
- Alkem Laboratories
- Bajaj Finance
- OFSS
- Nykaa
- Dr Reddy's Laboratories
The combination of rising prices and higher open interest suggests traders are creating fresh long positions.
Stock Market Live: Mirae Asset Says Indian IT Recovery Will Be Gradual
- Mirae Asset told NDTV Profit that the recovery in the Indian IT sector will be gradual and said it does not see many growth drivers for the sector.
- It said FY27 will be a transition year for Indian IT, with weak commentary and guidance misses weighing on the sector.
Stock Market Live: Morgan Stanley Raises Adani Power Target Price To Rs 275
- Morgan Stanley maintained its Overweight rating on Adani Power and raised the target price to Rs 275 from Rs 173.
- The brokerage said Adani Power’s portfolio offers high growth, lower risk and return accretion. It said the company’s incremental business is lower risk, return accretive and backed by its track record of executing complex projects.
Stock Market Live: Pine Labs Sees 0.4% Equity Change Hands In Bunched Trade
- Pine Labs saw 41.9 lakh shares change hands in a bunched trade, according to market data.
- The transaction represented 0.4% of the company’s equity.
Stock Market Live: Adani Ports Sees 27.1 Lakh Shares Change Hands In Block Trade
Adani Ports saw 27.1 lakh shares change hands in a block trade, Bloomberg data showed. Buyers and sellers were not known immediately.
Stock Market Live: Swiggy Sees 0.5% Equity Change Hands In Block Trade
- Swiggy saw 1.31 crore shares change hands in a block trade, according to market data.
- The transaction represented 0.5% of the company’s equity.
Stock Market Live: Nifty IT, Pharma Lead Sectoral Gains; Auto, Media Drag
- Nifty IT rose 1.03%, while Nifty Pharma gained 0.89%, leading gains among sectoral indices, according to NSE data.
- Nifty Bank rose 0.32%, Nifty PSU Bank gained 0.23% and Nifty Realty advanced 0.14%. Nifty Auto fell 0.42%, while Nifty Media, Metal, Consumption and Rural traded lower.
Stock Market Live: Benchmarks Fluctuate Between Gains And Losses
- Benchmarks fluctuated between gains and losses in early trade.
- Nifty 50 rose 9 points, or 0.04%, to 23,833.10, while the Sensex slipped 48.37 points, or 0.06%, to 76,152.31.
Stock Market Live: Nifty, Sensex Open Lower In Pre-Market Trade
- Nifty 50 traded 25.50 points, or 0.11%, lower at 23,798.60 in pre-market trade.
- Sensex was down 40.53 points, or 0.05%, at 76,160.15.
Stock Market Live: Rupee Falls 19 Paise Against US Dollar
The Indian rupee depreciated as much as 19 paise to 84.93 against the US dollar.
Stock Market Live: Jefferies, Citi Maintain Bearish Ratings On Tata Motors PV
- Jefferies maintained its Underperform rating on Tata Motors PV with a target price of Rs 300. It said the India passenger vehicle business has a strong revenue outlook, but margin guidance remains modest.
- Citi maintained its Sell rating with a target price of Rs 320. It said Tata Motors PV’s India business growth guidance was strong and the domestic industry outlook remained healthy.
- Both brokerages flagged margin-related concerns, with Jefferies citing headwinds for JLR and Citi saying EBITDA margin guidance of 8–10% was in line with estimates.
Stock Market Live: CLSA Says Midcap Breakout Is Building
- CLSA said a breakout appears to be building in midcaps, while large caps remain range-bound. It said the Nifty Midcap 100 is approaching a cup-and-handle breakout zone.
- The brokerage favours AB Capital and Nykaa. It said Nifty remains range-bound, with resistance at 25,600–26,319 and support at 21,743–23,000.
Stock Market Live: Jefferies, Citi See RBI FCNR-B Clarification Supporting Banks
- Jefferies said RBI’s FCNR-B FAQs are supportive for deposit mobilisation, with foreign branch leveraging expected to reduce friction and counterparty risks. It expects FCNR-B rate hikes, especially for large-ticket three-year deposits.
- Citi said the clarification turns FCNR-B into a balance-sheet expansion opportunity for Indian banks. It said CRR and SLR exemptions, favourable LCR treatment and faster execution could help banks with wider global reach.
Stock Market Live: IRDAI Gets First Applications Under 100% Insurance FDI Regime
- IRDAI has received 3–4 applications from foreign insurers seeking joint venture and ownership approvals under the 100% insurance FDI regime, according to sources.
- Prudential’s proposed acquisition of Bharti Life is among the applications under review. IRDAI norms require Prudential to reduce its stake below 10% in ICICI Prudential.
- Sources said significant ownership changes are likely across the insurance sector this financial year, with more global insurers expected to explore India joint ventures and acquisitions.
Stock Market Live: JPMorgan Downgrades HCL Tech, Wipro, Tata Tech
- JPMorgan downgraded HCL Tech, Wipro and Tata Technologies to Underweight from Neutral. It cut HCL Tech’s target price to Rs 1,000 from Rs 1,370, Wipro’s to Rs 160 from Rs 200 and Tata Tech’s to Rs 540 from Rs 560.
- The brokerage said India’s IT sector faces an uncertain demand environment, with business cycle and technology-related headwinds. It said the industry has been stuck at 2–3% revenue growth over the last three years.
- JPMorgan said large-cap IT companies may not reach mid-single-digit growth and could remain around 3–4% revenue growth. Its top Overweight picks remain TCS, Infosys, Tech Mahindra, Coforge, Persistent Systems and Sagility.
Stock Market Live: Paradeep Phosphates, Confidence Petroleum Among Insider Trades
- Paradeep Phosphates’ promoter Zuari Maroc Phosphates acquired shares in multiple transactions, including purchases of 0.80 lakh shares and 0.65 lakh shares.
- Confidence Petroleum India’s promoter group entity Confidence LPG Bottling acquired 14 lakh shares each in two transactions. KCP’s promoter group entity VRK Grandsons Investment acquired 0.35 lakh shares.
Stock Market Live: GIFT Nifty Reverses Gains, Signals Lower Start
- GIFT Nifty reversed early gains and traded at 23,794.50, compared with Tuesday’s Nifty 50 close of 23,824.10.
- The index had earlier traded at 23,862 before swinging into negative territory, indicating a lower start for Indian equities.
Stock Market Live: Bajaj Auto Buyback, ZF Commercial Bonus In Focus
- Bajaj Auto will trade in focus on account of its buyback.
- ZF Commercial Vehicle Control Systems India will also be tracked after the company announced a 5:1 bonus issue.
Stock Market Live: Vedanta, Delhivery, Craftsman Automation Among Bulk And Block Deals
- Vedanta promoter entity Twin Star Holdings sold 6.5 crore shares at Rs 291.36 apiece, while Nexus Ventures III sold 43.23 lakh Delhivery shares at Rs 481 apiece.
- In Craftsman Automation, Srinivasan Ravi sold 5.25 lakh shares at Rs 9,250 apiece. Buyers included HDFC Mutual Fund, Invesco Mutual Fund, Abu Dhabi Investment, Franklin Templeton Mutual Fund, Axis Mutual Fund, Edelweiss Mutual Fund and Tata AIA Life Insurance.
- In M&M, PI Opportunities AIF V bought 10.18 lakh shares, while Prazim Trading and Investment Company sold the same quantity at Rs 3,046 apiece. In Sky Gold and Diamonds, Vikas Navratanmal Ganna and Jinesh Navratanmal Ganna sold a combined 22.94 lakh shares.
Stock Market Live: CSM Technologies IPO To Open Today
- CSM Technologies will open its IPO on June 24 and close the issue on June 29. The company has set a price band of Rs 107–113 per share, with a lot size of 132 shares.
- The Rs 146 crore issue is entirely a fresh issue. The shares are scheduled to list on July 2.
Stock Market Live: Turtlemint IPO Subscribed 1.2 Times On Day 1
- Turtlemint Fintech Solutions’ IPO was subscribed 1.2 times on the first day of bidding.
- Qualified institutional buyers led demand with 1.59 times subscription, followed by retail investors at 1.07 times and non-institutional investors at 52%.
Stock Market Live: Waterways Leisure IPO Subscribed 19% On Day 1
- Waterways Leisure Tourism’s IPO was subscribed 19% on the first day of bidding.
- Retail investors led the demand with 99% subscription, while the non-institutional investor portion was subscribed 4%.
Stock Market Live: Advit Jewels IPO Subscribed 11.18 Times On Day 1
- Advit Jewels’ IPO was subscribed 11.18 times on the first day of bidding.
- Non-institutional investors led demand with 23.73 times subscription, followed by retail investors at 11.55 times and qualified institutional buyers at 1.11 times.
Stock Market Live: HPCL, IRFC, Honasa Consumer Among Stocks In News
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HPCL Rajasthan Refinery declared commercial operations on June 22, while IRFC’s OFS will open for non-retail investors on Wednesday at a floor price of Rs 91 per share.
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Honasa Consumer will acquire a 58% stake in Fluence Pharma for an enterprise value of Rs 135 crore. Rashi Peripherals signed a pact to acquire a 67% stake in VDA Infosolutions for Rs 369 crore.
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NTPC’s arm declared commercial operations of an 800 MW unit at the Patratu Super Thermal Power Project. REC’s board will meet on June 28 to consider the merger scheme with PFC.
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Bajaj Auto said a ransomware attack on its IT infrastructure had no impact on manufacturing operations or supply chains. Infosys and Wipro announced AI-led technology partnerships with GlobalFoundries and Palo Alto Networks, respectively.
Stock Market Live: Infosys, Wipro Expand AI-Led Technology Deals
- Infosys expanded its multi-year deal with GlobalFoundries for AI-led managed services. The company will manage GlobalFoundries’ end-to-end application infrastructure and IT operations.
- Wipro expanded its partnership with Palo Alto Networks to offer AI-led cyber defence using machine learning and automation.
Stock Market Live: Oil Prices Fall As Hormuz Shipping Activity Resumes
- Oil prices moved lower as traders monitored the gradual restoration of shipping activity through the Strait of Hormuz.
- Brent crude for August delivery fell 0.45% to $76.73 a barrel, while US West Texas Intermediate crude for August settlement declined 0.48% to $72.86 a barrel.
Stock Market Live: Asian Markets Trade Mixed After US Tech Sell-Off
- Asian equities traded mixed on Wednesday as investors tracked whether technology stocks could recover after a broad sell-off in the US.
- South Korea’s Kospi rose 4.02% after a double-digit fall in the previous session. Japan’s Nikkei 225 slipped 0.06%, while Australia’s ASX 200 was nearly flat, up 0.01%.
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