Stock Market Crash News Today Live Updates: Nifty Slips Near 23,900, Sensex Drops 600 Points; Vedanta Slumps 7%
Nifty IT and Nifty Metal fell 1.22% each, leading losses among sectoral indices. Nifty Pharma rose 0.90%, while Nifty Media gained 0.52% and Nifty India Defence advanced 0.33%.
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Indian equity benchmarks extended declines to trade at day's low. The NSE Nifty 50 fell as much as 0.7% to 23,924 in intraday trade. The BSE Sensex declined as much as 588 points, or 0.76%, to 76,505.29.
Meanwhile, oil prices reversed early gains on Tuesday as investors tracked developments around the Middle East conflict. Brent crude futures for August fell 1.57% to $76.68 a barrel, while US West Texas Intermediate futures for August declined 1.53% to $72.73 per barrel.
Elsewhere. Asian markets closed lower on Tuesday, with South Korea's Kospi leading losses. The Kospi fell 9.99% to 8,203.84, while Japan's Nikkei 225 declined 3.55% to 69,788.38. Hong Kong's Hang Seng fell 1.91% to 23,313.89 and Shanghai declined 1.37% to 4,106.252. Australia's ASX 200 slipped 0.33% to 8,787.00.
Stock Market Live: India Inc Seeks Faster GST Refunds, Smoother Audits, Deloitte Survey Says
- A Deloitte India survey found 99% positive or neutral sentiment towards GST among India Inc, PTI reported. The survey was based on 1,096 responses across eight industries, including MSMEs.
- Respondents sought more clarity on GST interpretation, uniform audits and faster refunds. Deloitte said 89% of stakeholders identified AI-led data processing and reconciliation as a priority for the next phase of GST reforms.
Stock Market Live: Oil Prices Fall As Middle East Conflict Concerns Ease
- Oil prices reversed early gains on Tuesday as investors tracked developments around the Middle East conflict.
- Brent crude futures for August fell 1.57% to $76.68 a barrel, while US West Texas Intermediate futures for August declined 1.53% to $72.73 per barrel.
Stock Market Live: Asian Markets End Lower; Kospi Falls Nearly 10%
- Asian markets closed lower on Tuesday, with South Korea’s Kospi leading losses. The Kospi fell 9.99% to 8,203.84, while Japan’s Nikkei 225 declined 3.55% to 69,788.38.
- Hong Kong’s Hang Seng fell 1.91% to 23,313.89 and Shanghai declined 1.37% to 4,106.252. Australia’s ASX 200 slipped 0.33% to 8,787.00.
Stock Market Live: IRCTC Falls After Report Says CMD Sanjay Kumar Jain Resigns
- IRCTC Chairman and Managing Director Sanjay Kumar Jain has resigned and the government has accepted his resignation, according to a report. He will be relieved from his post on July 20, 2026.
- The report said there is speculation in Railway Board circles that Jain was asked to resign. IRCTC shares fell as much as 1.64% to Rs 513.20, after opening from a previous close of Rs 521.75.
Stock Market Live: Shivraj Singh Chouhan Reviews El Niño Impact On Farmers
- Agriculture Minister Shivraj Singh Chouhan said India is facing the challenge of El Niño and that the government is conducting regular reviews at the ministerial level.
- Chouhan said ICAR-CRIDA has prepared contingency plans for the country and urged people not to panic. He said the government is committed to ensuring farmers do not face hardship.
Stock Market Live: Piyush Goyal Meets US Trade Officials For Bilateral Trade Talks
- Commerce Minister Piyush Goyal said he welcomed US Trade Representative Jamieson Greer, US Ambassador to India Sergio Gor and their delegation to the Commerce Department.
- Goyal said he looked forward to discussions on the proposed India-US bilateral trade agreement.
Stock Market Live: Canara Bank, Bank Of Baroda Lead Losses In Nifty Bank
- Canara Bank fell 2.88%, while Bank of Baroda declined 2.36% and IDFC First Bank slipped 2.18%, according to NSE data.
- Punjab National Bank and AU Small Finance Bank also traded lower. ICICI Bank, Axis Bank and Kotak Mahindra Bank were among the gainers.
Stock Market Live: RailTel Gets Rs 335 Crore Order From Rail Ministry
RailTel Corp received an order worth Rs 335 crore from the Ministry of Railways, according to an exchange filing.
Stock Market Live: Government Urges El Niño Preparedness For Monsoon Risks
- Union Agriculture Minister Shivraj Singh Chouhan said authorities should prepare in advance for potential El Niño-related challenges to the monsoon.
- He asked district administrations and collectors to give priority to contingency planning and ensure coordination between agriculture, water resources, rural development and other relevant departments.
Stock Market Live: S&P Global Energy Says India’s Oil Sourcing Strategy Limited War Impact
- \S&P Global Energy said global upstream markets are undergoing a structural reset and that India’s diversified sourcing strategy helped limit major disruptions from the war.
- It said the Strait of Hormuz closure cut Gulf output by 15 million barrels per day, while transit has improved since the US-Iran MoU. The agency said oil inventories may fall through June and July if production recovers, which could bring upward price pressure back as stocks decline.
Stock Market Live: Vedanta, Nalco Lead Losses In Nifty Metal
- Vedanta fell 7.65%, while National Aluminium Co. declined 5.32% and Hindustan Zinc slipped 4.10%, according to NSE data.
- Jindal Steel & Power fell 3.67% and SAIL declined 2.77%. Welspun Corp was the only gainer among the stocks shown, rising 0.14%.
Stock Market Live: Nifty Metal, IT Lead Sectoral Losses; Pharma Gains
- Nifty Metal fell 2.70%, while Nifty IT declined 1.99% and Nifty PSU Bank slipped 1.58%, according to NSE data.
- Nifty Pharma was the only gainer among the sectoral indices shown, rising 1.28%. Nifty Realty, FMCG, Financial Services and Oil and Gas also traded lower.
Stock Market Live: HDFC Bank, Infosys Drag Nifty Lower
- HDFC Bank and Infosys were the biggest drags on the Nifty 50, pulling the index down by 25.32 points and 24.72 points, respectively.
- TCS, Reliance Industries and SBI also weighed on the index. Sun Pharma, Cipla and ICICI Bank were among the top positive contributors.
Stock Market Live: Nifty Slips Below 23,950, Sensex Falls Nearly 600 Points
- The NSE Nifty 50 fell as much as 0.7% to 23,924 in intraday trade.
- The BSE Sensex declined as much as 588 points, or 0.76%, to 76,505.29.
Stock Market Live: Tata Motors Says Iveco Deal On Course For Completion By Q2 FY27
- Tata Motors said at its Investor Day 2026 that FY26 was its best performance so far and that the Iveco transaction remains on course for completion by Q2 FY27.
- The company said synergies from the Iveco acquisition will open new geographies and complementary products. It also expects a shift in volumes towards EVs by FY27, with further scale-up by FY30.
Stock Market Live: Kirloskar Oil Engines Share Price Extends Gains For Second Day
Shares of Kirloskar Oil Engines soared over 13.5% in the trading session on Tuesday, June 23 as the firm secured a significant order from HyperNext for large-scale data center infrastructure two days ago. It pared gains later and is trading 6% higher. Kirloskar Oil Engine share price had advanced as much as 19.39% yesterday.
Kirloskar Oil Engines Share Price Intraday
Kirloskar Oil Engines in an exchange filing informed that it has received a "significant" order from HyperNext. The order comprises 192 MW capacity and includes 96 units of KOEL's 2500 kVA Optiprime Dual Core power systems. According to the company, the order represents "one of the largest deployments of high-capacity power systems for hyperscale data centres in India."
ALSO READ: Kirloskar Oil Engines' Shares Extend Gains To Second Day - What's Driving The Rally?
Stock Market Live: South Korea's Kospi Trading Resumes After Circuit Breaker Lifts
South Korea's Kospi resumed trading after circuit breaker was lifted. Trading was halted foe 20 minutes as the index slumped over 8% amid the global tech selloff, triggering circuit breaker. Heavyweight chipmakers led losses. Shares of SK Hynix and Samsung Electronics each fell more than 4%, underscoring the market's dependence on the artificial-intelligence trade that has powered much of this year's rally. SK Hynix briefly overtook Samsung Electronics to become South Korea's most valuable listed company by market capitalization.
Stock Market Live: Cohance Lifesciences Share Price Surges 19%
Cohance Lifesciences share price surges over 19% after the US Food and Drug Administration (US FDA) has approached Indian drugmakers for assistance in addressing a shortage of a key cancer treatment in the United States. The move lifted sentiment for pharma stocks, as investors anticipated potential supply opportunities for Indian drugmakers in the US market.
Cohance Lifesciences Share Price Intraday
Stock Market Live: South Korea's Kospi Slumps Over 8% As Asian Shares Drag
South Korea's KOSPI has slipped more than 8% intraday for the second time this month, triggering temporary trading halt
- Asian markets slip further in mid-Day trade
- All major Asian indices down over 1% each
- South Korea's KOSPI extends slump to 8.3%, Triggers circuit breaker
- KOSPI hits lower circuit, trading halted for 20 minutes
- KOSPI down over global tech selloff
- Nikkei extends loss, now down 2%
- Hang Seng at day's low, slips 1.5%
Stock Market Live: Vodafone Idea Options Activity Picks Up As Traders Build Fresh Bets
- Vodafone Idea continued to witness active derivatives participation ahead of the new series.
- The stock recorded open interest of nearly 75,000 contracts in the near-month futures series, while options activity remained concentrated around the Rs 14, Rs 15 and Rs 16 strikes.
- The Rs 15 strike emerged as one of the most active contracts, with traders building positions on both the Call and Put side.
- The activity indicates traders are positioning for continued movement in the telecom stock as it remains among the most actively traded names in the F&O segment.
Stock Market Live: HDFC Bank, Reliance, TCS Among Top Rollover Bets Ahead Of New Series
- Large-cap stocks dominated rollover activity ahead of the new derivatives series, indicating traders continue to carry substantial positions into the next contract cycle.
- HDFC Bank held open interest of more than 5.69 lakh contracts with a rollover percentage of 19.94%, while Reliance Industries recorded 19.72%.
- TCS, Infosys and Axis Bank also featured among the most active counters in rollover activity.
- The rollover data suggests market participants are maintaining exposure to heavyweight stocks rather than aggressively cutting positions before the new series begins.
Stock Market Live: IT Stocks Lead June Series Rollovers Despite Sharp Correction
- Information technology stocks continued to witness strong rollover activity into the June derivatives series even as the sector remained under pressure.
- Tata Consultancy Services recorded a rollover percentage of 22.64%, while Infosys stood at 21.64%. Wipro's rollover percentage was even higher at nearly 98%, reflecting traders' willingness to carry positions forward despite recent weakness.
- Among frontline stocks, HDFC Bank recorded a rollover percentage of 19.94%, Reliance Industries 19.72% and Axis Bank 17.09%.
- The data suggests traders remain engaged in large-cap technology counters despite the sharp decline seen in the sector over recent sessions.
Stock Market Live: Weekly Expiry Likely To Revolve Around 24,100 And 58,000
Options positioning suggests:
- Nifty Support: 24,100
- Nifty Resistance: 24,200
- Bank Nifty Support: 57,800
- Bank Nifty Resistance: 58,000
- Key Expiry Magnet: 58,000 on Bank Nifty
With today being weekly Nifty F&O expiry, the concentration of both fresh additions and outstanding open interest around these strikes suggests traders expect expiry action to remain centred around the 24,100–24,200 zone on Nifty and the 57,800–58,000 range on Bank Nifty.
Stock Market Live: Vedanta Sees Aggressive Fresh Short Build-Up
Vedanta topped the fresh shorts screen, with prices falling sharply while open interest rose more than 70% in the July contract.
Other counters witnessing fresh short creation included:
- Hindustan Zinc
- Dixon Technologies
- MCX
- JSW Energy
- LTIMindtree
- TCS
- Infosys
- Oil India
The trend points to selective bearish positioning despite the broader market holding near support zones.
Stock Market Live: NTPC, Trent Among Short-Covering Candidates
Stocks witnessing price gains alongside a decline in open interest included:
- NTPC
- Trent
- Britannia
- SBI
- Eternal
- LT
- ICICI Bank
- UPL
The setup indicates short-covering activity.
Stock Market Live: Kalyan Jewellers Leads Long Unwinding
Kalyan Jewellers featured prominently in the liquidation list as prices declined while open interest reduced.
Other stocks witnessing long unwinding included:
- Kaynes Technology
- Hyundai Motor India
- Ambuja Cements
- Union Bank
- Coal India
- Tata Elxsi
The trend suggests profit booking and closure of existing long positions.
Stock Market Live: Torrent Pharma Leads Fresh Long Build-Up
Torrent Pharmaceuticals topped the accumulation screen as prices rose alongside an increase in open interest.
Other stocks witnessing fresh long positions included:
- SRF
- Divi's Laboratories
- Biocon
- Glenmark
- Alkem
- Cipla
- Laurus Labs
The pattern signals fresh bullish bets in select pharma counters.
Stock Market Live: Wipro Tops F&O Participation Build-Up
Among heavily traded stocks, Wipro continues to witness one of the strongest derivative build-ups.
Key names by total OI growth include:
- Wipro: 231.46%
- PI Industries: 200.31%
- Persistent Systems: 160.43%
- Naukri: 128.63%
- ONGC: 121.16%
- TCS: 118.90%
Stock Market Live: Nifty Financial Service Sees Another Surge In Positioning
- Nifty Fin Service's total open interest has jumped 1,128.44% since the previous expiry, the highest among tracked indices.
- The sharp increase reflects strong activity in the financial-services derivatives segment.
Stock Market Live: Nifty Mid Select Remains The Strongest Index Trade
- Nifty Mid Select has gained 9.52% since the previous expiry while total open interest has risen 199.95%.
- The combination suggests traders continue to favour mid-cap exposure.
Stock Market Live: Bank Nifty Open Interest Climbs Above 16 Lakh Contracts
- Bank Nifty's total open interest has increased 131.30% since the previous expiry to 16.02 lakh contracts, while the index is down 0.52%.
- The build-up highlights sustained participation in banking derivatives.
Stock Market Live: Nifty Derivative Participation Crosses 1.46 Crore Contracts
- Nifty has declined 7.01% since the previous expiry, while total derivative open interest has surged 205.80% to 1.46 crore contracts.
- The rise points to aggressive positioning despite weakness in the benchmark index.
Stock Market Live: Bank Nifty Faces Expiry Battle Between 57,800 And 58,000
Open interest distribution highlights:
- Highest Call OI: 58,000 strike
- Highest Put OI: 58,000 strike
- Significant Put OI: 57,500 strike
The concentration of both Call and Put positions at 58,000 suggests the strike could act as a magnet during expiry trade.
Stock Market Live: Bank Nifty Put Support Remains At 57,800
- Fresh Put writing was strongest at the 57,800 strike, followed by 57,500 and 58,000.
- The data indicates traders continue to view the 57,800 region as an important near-term support level.
Stock Market Live: Bank Nifty Call Writers Raise Defences At 58,000
- Fresh Call additions in Bank Nifty were concentrated at the 58,000 strike, where traders added more than 2.8 lakh contracts.
- Further Call writing was visible at 57,900 and 57,800, reinforcing resistance near the 58,000 mark.
Stock Market Live: Nifty Needs To Clear 24,200 For Further Upside
- The highest Call concentration remains at 24,200, making it the key hurdle for bulls.
- A decisive move above this level could trigger Call unwinding and open the path towards 24,300-24,500.
Stock Market Live: Put Base Shifts Higher Despite Weekly Expiry
- The continued addition of fresh Put positions at 24,100 while lower strikes see comparatively smaller additions indicates traders are shifting support higher.
- This reflects a relatively constructive undertone despite expiry-related volatility.
Stock Market Live: Nifty's Immediate Range Narrows To 24,100-24,200
Open interest distribution shows:
- Highest Put OI: 24,100 strike
- Highest Call OI: 24,200 strike
- Significant Call OI: 24,100 strike
The positioning suggests traders expect Nifty to remain largely range-bound between 24,100 and 24,200 during expiry trade.
Stock Market Live: Nifty Call Writers Crowd Into 24,100 And 24,200
- Call writers were active at 24,100 and 24,200, with both strikes witnessing additions of more than 10 lakh contracts.
- Fresh Call writing was also seen at 24,300, 24,500 and 25,000, suggesting traders are expecting resistance to emerge on any sharp upside move.
Stock Market Live: Nifty Put Writers Defend 24,100 Ahead Of Weekly Expiry
- Fresh Put writing remained concentrated at the 24,100 strike, where traders added nearly 25 lakh contracts, making it the strongest support level going into expiry.
- Additional Put additions were visible at 24,000 and 24,200, indicating traders continue to defend the 24,000–24,100 zone.
Stock Market Live: PL Capital Says Weak Monsoon May Hit Consumption
- PL Capital told NDTV Profit that dependence of rural income on agriculture is declining, but a weak monsoon could affect the consumption space.
- The brokerage said small-ticket FMCG items may be the worst hit. It also said auto sector growth led by GST 2.0 could normalise.
Stock Market Live: Cameron Brandt Says India Flows Are Improving Steadily
- \Cameron Brandt told NDTV Profit that he does not see a tipping point yet and that flows into Indian markets are improving steadily.
- He said India is not seen as an AI play within emerging markets, while defence will remain an attractive theme.
Stock Market Live: Peter McGuire Sees Softer Oil Prices Over Next Few Sessions
- Peter McGuire told NDTV Profit that Iran can now sell its oil in dollars and said he expects softer oil prices over the next few sessions.
- He said oil prices may decline around 25% in June and that lower oil prices would benefit consumers.
Stock Market Live: Iran Says Strait Of Hormuz To Be Managed Under Its Laws
- Iran’s Parliament Speaker MB Ghalibaf said the Strait of Hormuz will be managed by Iran under arrangements set by the country.
- He said issues may arise in the Strait and that Iran had agreed to set up a centre and telephone hotline for the next 30 days to resolve matters faster.
Stock Market Live: Bharti Airtel Raises Stake In Airtel Africa To 79%
- Bharti Airtel concluded the acquisition of an additional 16% stake in Airtel Africa, according to an exchange filing.
- The company’s stake in Airtel Africa has increased to around 79%.
Stock Market Live: Tata Electronics Says Cybersecurity Incident Did Not Affect Operations
- Tata Electronics said it identified a cybersecurity incident on some of its systems a few weeks ago.
- The company said response protocols were deployed immediately and the incident had no impact on operations across its businesses, according to a spokesperson.
Stock Market Live: JPMorgan Initiates Coverage On AMCs, Cuts KFin Tech Rating
- JPMorgan downgraded KFin Technologies to Neutral from Overweight and cut the target price to Rs 980 from Rs 1,200.
- The brokerage initiated coverage on ICICI AMC, Nippon AMC, CAMS and Angel One with Overweight ratings. It initiated BSE at Neutral, while MCX and CDSL were started at Underweight.
Stock Market Live: Infosys, TCS Lead Losses In Nifty IT
- Infosys fell 2.20%, while TCS declined 1.40% and HCL Technologies slipped 1.24%, leading losses among Nifty IT constituents.
- Wipro and Mphasis also traded lower, while Coforge rose 0.32% and Oracle Financial Services Software gained 0.12%, according to NSE data.
Stock Market Live: Vedanta Falls 5% After Block Deals
- Vedanta shares fell 5.51% to Rs 289 after 1.8% equity changed hands in four block trades, Bloomberg data showed.
- The buyers and sellers were not immediately known.
Stock Market Live: Nifty IT, Metal Lead Sectoral Losses; Pharma Gains
- Nifty IT and Nifty Metal fell 1.22% each, leading losses among sectoral indices. Nifty PSU Bank declined 0.28%, while Nifty Bank slipped 0.23%, according to NSE data.
- Nifty Pharma rose 0.90%, while Nifty Media gained 0.52% and Nifty India Defence advanced 0.33%. Nifty Consumption was flat.
Stock Market Live: Nifty Slips Below 24,050, Sensex Falls Over 150 Points
Nifty fell as much as 0.2% to 24,049 in early trade, while the Sensex declined as much as 0.2%, or 160 points, to 76,934.16.
Stock Market Live: Rupee Opens Lower Against US Dollar
The rupee opened lower on Tuesday and weakened as much as 8 paise to 84.76 against the US dollar.
Stock Market Live: Nifty, Sensex Trade Lower In Pre-Market
- Nifty 50 traded 31.60 points, or 0.13%, lower at 24,071.30 in pre-market trade.
- Sensex was down 8.02 points, or 0.01%, at 77,086.05.
Stock Market Live: Macquarie Says India’s Oil Inflation And Fiscal Risks Are Manageable
- Macquarie said inflation and fiscal risks from higher oil prices appear manageable, with India’s current account deficit expected at 2.0–2.2% of GDP.
- The brokerage said the government remains committed to its 4.3% fiscal deficit target. It said macro risks have shifted from external shocks to domestic weather-related risks, which could affect consumption trends.
Stock Market Live: Jefferies Says NBFC Sector Outlook Is Improving
- Jefferies said the outlook for NBFCs is improving as West Asia tensions ease, with growth and collections tracking ahead of last year.
- The brokerage said softer bond yields are expected to support net interest margins. It prefers Bajaj Finance, AB Capital, Chola Finance and Shriram Finance, while weak monsoon and El Niño remain key risks.
Stock Market Live: Citi Expects Cement Utilisation To Dip In FY27
- Citi expects cement industry utilisation to fall to around 66% in FY27 and EBITDA per tonne to decline year-on-year.
- The brokerage expects profitability to improve in FY28. It estimates 165 MT of new capacity addition during FY25–29 and said consolidation may remain limited despite ongoing expansion.
Stock Market Live: Jefferies Raises Emcure Pharma Target Price To Rs 2,100
- Jefferies maintained its Buy rating on Emcure Pharma and raised the target price to Rs 2,100 from Rs 1,970.
- The brokerage expects low- to mid-teen revenue growth and 75–100 basis points EBITDA margin expansion in FY27. It raised EPS estimates by 1–5% and projected about 20% EPS CAGR over FY26–29.
Stock Market Live: Jefferies Initiates GE Vernova With Hold Rating
- Jefferies initiated coverage on GE Vernova with a Hold rating and a target price of Rs 6,000.
- The brokerage said absence of large parent orders in FY26 could limit gross margin expansion in FY28 and FY29. It valued the company at 65 times FY28 earnings and said upside appears limited at current valuations.
Stock Market Live: Citi Initiates Coverage On Meesho With Buy Rating
- Citi initiated coverage on Meesho with a Buy rating and a target price of Rs 210.
- The brokerage said Meesho operates as a technology-led value e-commerce platform, with a marketplace-only model that lowers seller costs and supports affordable product offerings. Citi said the company is positioned to serve a large underserved customer base.
Stock Market Live: Advit Jewels IPO To Open On June 23
- Advit Jewels will open its IPO on June 23 and close the issue on June 25. The Jaipur-based jewellery company has set a price band of Rs 130–138 per share, with a lot size of 100 shares.
- The Rs 165 crore issue is entirely a fresh issue. The shares are scheduled to list on July 1.
Stock Market Live: Waterways Leisure Tourism IPO To Open On June 23
- Waterways Leisure Tourism will open its IPO on June 23 and close the issue on June 25. The company has set a price band of Rs 769–808 per share, with a lot size of 18 shares.
- The Rs 585 crore issue is entirely a fresh issue. The shares are scheduled to list on July 1.
Stock Market Live: JSW Infrastructure, BEL, Vodafone Idea Among Stocks In News
- JSW Infrastructure opened its QIP on June 22 to raise funds through a fresh issue of up to 23 crore shares, with the floor price fixed at Rs 290.35 per share. The Sajjan Jindal Family Trust will also sell up to 3.3 crore shares through an OFS.
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Bharat Electronics received additional orders worth Rs 1,081 crore since May 25, while Vodafone Idea’s board approved allotment of 430 crore warrants worth Rs 1,182 crore to Suryaja Investments.
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Info Edge said it has invested Rs 1,003 crore across 54 deeptech and AI startups since 2020. Syrma SGS signed a manufacturing pact with Japan’s Kaga Electronics, while Birla Corporation’s Bikram coal mine in Madhya Pradesh started commercial production.
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Bandhan Bank, IIFL Finance and Knowledge Marine & Ports will consider fundraising proposals this week. Lemon Tree Hotels signed a management licence agreement for an 85-room hotel in Nepal, while Transrail Lighting said Deputy Managing Director Raman Rajagopalan has resigned, effective July 31.
Stock Market Live: Turtlemint IPO Subscribed 52% On Day 2
Turtlemint Fintech Solutions’ public issue was subscribed 52% on the second day of bidding.
Qualified institutional investors led the demand with 73% subscription, followed by retail investors at 61% and non-institutional investors at 5%.
Stock Market Live: Trump Says Strait Of Hormuz Is Open As Iran Talks Continue
- US President Donald Trump said the Strait of Hormuz is open and that negotiations with Iran are continuing.
- Trump said a lot of oil is moving out of the Strait and that Iranian frozen funds will be used to buy US agriculture and food for its people. He also said the US could restart a blockade quickly if needed.
Stock Market Live: Vance Says US, Iran Made Progress On Hormuz Mechanism
- US Vice President JD Vance said talks with Iran had made progress and that a mechanism had been set up to ensure the Strait of Hormuz stays open.
- Vance said about 15 million barrels of oil had moved out of Hormuz and that talks would continue at the technical level. He said Iranian funds would not be unfrozen without progress.
Stock Market Live: Iran Says Frozen Funds Need Not Be Used Only For Essential Goods
- Iran’s central bank governor Abdolnaser Hemmati said Tehran is under no obligation to buy agricultural inputs from the US under the current memorandum of understanding, Tasnim reported.
- Hemmati said remaining frozen funds may be used to buy other non-sanctioned goods and not only essential goods, according to the report.
Stock Market Live: Nvidia Unveils Cooling System To Cut Water Use In Data Centres
- Nvidia introduced a warm-water cooling system that uses a closed-loop coolant process to reduce water consumption inside data centres.
- The system can lower on-site water use and remove the need for fans or chillers. The overall water footprint of data centres remains linked to electricity generation and chip manufacturing, especially where fossil fuels are used.
Stock Market Live: Oil Prices Edge Higher As US-Iran Talks Stay In Focus
- Oil prices edged higher in early trade as investors tracked uncertainty over US-Iran negotiations.
- Brent crude futures for August rose 0.36% to $78.18 a barrel, while US West Texas Intermediate crude for August gained 0.45% to $74.19 a barrel.
Stock Market Live: GIFT Nifty Points To Higher Start For Nifty
- GIFT Nifty traded at 24,183, compared with Monday’s Nifty 50 close of 24,102.90.
- The level indicated early gains for the benchmark index.
Stock Market Live: Asian Markets Trade Lower As Oil Prices Rise
- Asian markets moved lower on Tuesday as investors tracked US-Iran negotiations and higher oil prices.
- South Korea’s Kospi fell 1.50%, while Japan’s Nikkei 225 declined 0.59%. Australia’s ASX 200 was marginally higher, up 0.05%.
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