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India's total market capitalisation crossed $5 trillion, regaining its position as the fourth-largest equity market. Benchmark indices extended gains for the fourth straight session, ending near six-week highs. Nifty 50 rose 0.40% to close at 24,085.70, while Sensex gained 0.45% to 77,155.62.
Meanwhile, Oil prices, recovered modestly after falling to their lowest levels in about three months, as investors assessed expectations that a U.S.-Iran agreement and the reopening of the Strait of Hormuz could release additional supply into global markets. Brent crude for August delivery rose 0.7% to $79.49 a barrel as of 8:27 a.m. in Singapore, while West Texas Intermediate crude for July delivery gained 0.7% to $76.61 a barrel.
Global investors are awating the US Federal Reserve's decisison, where the Fed is widely expected to keep interest rates unchanged later in the day. The meeting marks the first policy decision under Chairman Kevin Warsh and comes at a time when officials are grappling with signs that price pressures could prove more persistent.
A number of Federal Open Market Committee members have flagged the risk that inflation may not ease as quickly as anticipated. Higher energy costs following the U.S. military action involving Iran have reinforced those concerns, with some policymakers setting out circumstances that could support further increases in borrowing costs.
There is also growing discussion within the central bank over whether to drop wording in its policy statement that implies the next adjustment in rates would likely be a reduction, highlighting uncertainty over the path ahead.
The decision arrives as President Donald Trump continues to advocate lower interest rates, placing Warsh under early pressure as he seeks to balance inflation risks with calls to support economic activity.
Stock Market Live: Nifty, Sensex End Higher For Fourth Session; Market Cap Tops $5 Trillion
- Nifty 50 rose 0.40% to close at 24,085.70, while Sensex gained 0.45% to 77,155.62
- Benchmark indices extended gains for the fourth straight session, ending near six-week highs
- India’s total market capitalisation crossed $5 trillion, regaining its position as the fourth-largest equity market
Stock Market Live: HCLTech Signs Multi-Year Deal With Volkswagen Unit
- HCLTech has entered into a multi-year agreement with Volkswagen’s e.solutions, as per an exchange filing
- The partnership will focus on automotive infotainment and connectivity solutions
- The company will support digital capabilities across Volkswagen’s software platform
Stock Market Live: Nifty India Defence Index Rises Over 3.5%; Paras Defence Leads Gains
- Nifty India Defence index gained over 3.5% in trade, with all 19 constituents trading higher
- Paras Defence surged over 15%, emerging as the top gainer
- MTAR Technologies also advanced more than 8% among key movers
Stock Market Live: European Markets Trade Mixed With DAX, FTSE Lower
- Germany’s DAX fell 0.44% and the FTSE 100 declined 0.17%
- France’s CAC rose 0.03%, while the AEX gained 0.39%
- Broader moves were mixed across indices, with marginal gains in OMX indices and losses in IBEX 35 and BEL 20
Stock Market Live: Asian Markets Close Mixed; Kospi, Nikkei Gain
- South Korea’s Kospi rose 1.58%, while Japan’s Nikkei 225 gained 0.72%
- Australia’s ASX 200 ended 0.54% higher and Shanghai Composite added 0.40%
- Hong Kong’s Hang Seng Index declined 0.74% at close
Stock Market Live: SpaceX Shares Rise In Premarket, Extend Post-IPO Rally
- SpaceX shares gained 4% in premarket trading, extending recent gains
- The stock has risen about 62% since its IPO last week
- The company’s market capitalisation reached around $2.65 trillion, briefly ranking among the largest US firms
Source: CNBC International
Stock Market Live: Federal Bank Sees Block Deal Of 1.03 Million Shares
- Federal Bank recorded a block deal involving 1.03 million shares
- Details on buyers and sellers were not disclosed
Stock Market Live: HDFC Bank Secures Lowest Spread On $750 Million Bond: Bloomberg
HDFC Bank achieved its tightest-ever spread on a $750 million bond issuance, Bloomberg reported.
Stock Market Live: Tata JLR
CEO Says
- To launch 5 new products over the next 2 years across House of Brands.
- To increase focus on North America
- Rising demand of luxury products signals strong growth potential.
- Exploring new high potential segments for Defender brand
- To grow US biz to the size of the entire JLR biz as it exists today.
Stock Market Live: Bondada Group CMD Flags Renewable Energy As Key Revenue Driver
- The company expects renewable energy to become a major contributor to revenue, said CMD Bondada Raghavendra Rao
- Order book stands at around Rs 10,000 crore, with new projects to be completed within 18 months
- The firm said it is participating in railway tenders and acting as EPC partner for projects in Uttar Pradesh
Stock Market Live: SEBI Imposes Rs 30 Crore Penalty On OnePaper Research Analysts
- SEBI imposed a total penalty of Rs 30 lakh on OnePaper Research Analysts for regulatory violations
- The regulator found instances of mis-selling, including assurances of returns and inadequate monitoring of employee communications
- The order relates to violations of research analyst rules, fraud regulations and advertisement norms
Stock Market Live: Nifty Holds Above 24,000; Realty Sees Profit Booking
- Nifty trades above 24,000 with advance-decline ratio at 3:2
- Buying seen in capital goods, industrial and consumer durables stocks
- Realty stocks witness profit booking, while attention remains on NSE DRHP filing and Fed policy decision
Stock Market Live: WhiteOak Capital Says In-House Models Recommend Lower Gold Exposure
- Ramesh Mantri of WhiteOak Capital AMC told NDTV Profit that the firm's in-house models recommend lower exposure to gold and no exposure to silver.
- Mantri said outflows from India were mainly linked to the AI trade. He said India has not been a beneficiary of the AI theme, while frontier AI models are seeing sovereignty-related issues.
- On sectors, Mantri said auto companies may see pressure from metal costs, though the space is well placed to benefit from tax cuts. He said large IT companies may face challenges in pivoting to new technology, while small and midcap IT firms are more agile.
- He said there is fundamental uncertainty around the impact of AI on IT companies, with the pace of AI evolution remaining a key concern. Consumer companies delivered good results in the fourth quarter, he said.
Stock Market Live: Telegram Moves Delhi High Court Against Temporary Ban Before NEET UG Re-Test
- Telegram has approached the Delhi High Court against the Centre’s decision to temporarily ban the platform before the NEET UG re-test
- The matter was mentioned before Justice Tajas Karia, who agreed to hear it today
- The government recently decided to temporarily restrict Telegram ahead of the NEET UG exam scheduled on June 21
Stock Market Live: Market Structure Turns Slightly Constructive Despite Weak Broader Trend
While headline indices remain lower versus the previous expiry, the options data suggests traders have shifted support higher to 24,000 on Nifty, while resistance has moved to 24,100.
For the next session, key levels to watch are:
- Nifty Support: 24,000
- Nifty Resistance: 24,100–24,200
- Bank Nifty Support: 57,000
- Bank Nifty Resistance: 57,400–57,500
- Major Bank Nifty Ceiling: 58,000
Unlike expiry sessions that often produce sharp reversals, the current setup points towards a more measured tug-of-war, with traders closely monitoring whether Nifty can sustain above the newly established 24,000 support zone.
Stock Market Live: Coal India, Ambuja Cements And Grasim Witness Profit Booking
Other stocks featuring in the long unwinding category included:
- Coal India
- Ambuja Cements
- Grasim
- PI Industries
- SAIL
- Motherson
Stock Market Live: Biocon Tops Long Unwinding List
- Biocon led the liquidation screen, with prices declining alongside a reduction in open interest.
- The setup points to traders exiting previously built long positions.
Stock Market Live: BPCL, Trent And Indigo Feature In Bullish Build-Up
Stocks witnessing notable accumulation included:
- BPCL
- Trent
- Indigo
- IOC
- Hindustan Petroleum
- VBL
Stock Market Live: Glenmark Put Open Interest Surges Over 900%
- Glenmark witnessed a 902.93% jump in Put open interest, one of the sharpest increases in the F&O universe.
- The rise points towards heightened hedging and increased bearish participation.
Stock Market Live: Wipro Sees Heavy Derivatives Build-Up Despite Weakness
- Wipro's total open interest rose 211.61%, even as the stock remained down 26.49% since the previous expiry.
- The divergence reflects continued speculative activity in the counter.
Stock Market Live: Nifty Fin Service Derivatives Activity Remains Elevated
Nifty Fin Service recorded a 697.78% rise in total open interest since the previous expiry, the strongest among the tracked indices.
Stock Market Live: Nifty Mid Select Remains A Participation Favourite
- Nifty Mid Select posted a 9.34% gain, accompanied by a 162.61% increase in total open interest.
- The combination points to continued trader interest in the mid-cap segment.
Stock Market Live: Bank Nifty Open Interest Crosses 14.4 Lakh Contracts
- Bank Nifty's total open interest has risen 109.04% since the previous expiry, reaching 14.48 lakh contracts, despite the index declining 1.35%.
- The increase indicates sustained activity in banking derivatives.
Stock Market Live: Nifty Derivatives Participation Moderates Since Last Expiry
- Nifty has declined 7.21% since the previous expiry, while total derivative open interest has increased 85.48% to 88.64 lakh contracts.
- Compared with previous sessions, the pace of participation has eased, suggesting some reduction in aggressive positioning.
Stock Market Live: Bank Nifty Range Seen Between 57,000 And 57,400
Open interest distribution highlights:
- Highest Call OI: 58,000 strike
- Highest Put OI: 57,000 strike
- Significant Call OI: 57,500 strike
The setup suggests a broader range of 57,000–57,500, with 58,000 remaining the major resistance zone.
Stock Market Live: Bank Nifty Put Writers Support 57,000
- Fresh Put additions remained strongest at 57,000, with further support visible at 57,200 and 57,400.
- The positioning indicates traders expect declines towards 57,000 to attract buying interest
Stock Market Live: Bank Nifty Call Writers Concentrate At 57,400
- Fresh Call additions in Bank Nifty were highest at the 57,400 strike, followed by 57,000 and 57,300.
- The build-up suggests traders expect supply to emerge near the 57,400–57,500 zone.
Stock Market Live: Nifty 24,100 Emerges As Key Trigger For Upside
- The heaviest Call concentration at 24,100 makes it the decisive level to watch.
- A sustained move above this strike could trigger Call unwinding and open the path towards 24,200–24,300.
Stock Market Live: Put Writers Continue To Add Confidence Above 24,000
Put open interest remained well distributed between 23,900–24,100, indicating confidence that the index could sustain above the psychologically important 24,000 mark.
A breach below 24,000 could invite profit booking from recent Put writers.
Stock Market Live: Nifty's Trading Range Shifts Higher To 24,000–24,100
Open interest distribution shows:
- Highest Put OI: 24,000 strike
- Highest Call OI: 24,100 strike
The data points to a slightly bullish undertone, with the market's immediate battleground shifting upward to 24,000–24,100.
Stock Market Live: Nifty Call Writers Raise Resistance To 24,100
Fresh Call additions were strongest at the 24,100 strike, followed by 24,000 and 24,200.
The shift higher indicates traders expect resistance to emerge near 24,100, while 24,000 has transformed from a hurdle into a support zone.
Stock Market Live: Nifty Put Writers Defend 24,000 As Immediate Support
Fresh Put additions remained concentrated at the 24,000 strike, with nearly 7.3 lakh contracts added. Significant Put writing was also visible at 23,900 and 24,100.
The positioning suggests traders are treating 24,000 as the immediate floor, with willingness to defend the index on dips towards this level.
Stock Market Live: Tata Capital Plans To Raise Up To Rs 36,000 Crore Via Debt
- Tata Capital plans to raise up to Rs 36,000 crore through debt instruments, according to an exchange filing
- The fundraising will be carried out via eligible debt securities
Stock Market Live: Adani Ports Sees Block Deal Of 1.01 Million Shares
- Adani Ports recorded a block deal involving 1.01 million shares
- Deal details such as buyers and sellers were not disclosed
Stock Market Live: Marico Cuts Parachute Oil Prices After Copra Cost Decline
- Marico reduced the price of its 1-litre Parachute coconut oil pack by 16.7% to Rs 450 in June
- The move follows a nearly 20% quarter-on-quarter fall in copra prices, a key raw material
- The company has also increased prices in parts of its hair oil portfolio
Stock Market Live: Monsoon Deficit Widens As Rainfall Lags Across Regions
- India’s overall monsoon rainfall deficit stood at 35% as of June 16, with delays in key regions
- East and northeast India reported a 43% shortfall, central India 63%, and the southern peninsula 14%
- Northwest India was the only region with above-normal rainfall, receiving 5% higher than usual
Stock Market Live: Brigade Enterprises Leads Realty Gains While Lodha Declines
- Brigade Enterprises rose 6.30%, leading gains among realty stocks, followed by SignatureGlobal India and Phoenix Mills
- Lodha Developers fell 3.02%, with Oberoi Realty and Godrej Properties also trading lower
- Prestige Estate Projects and Anant Raj were among other stocks in the red
Stock Market Live: ICICI Bank, Canara Bank Lead Gains; Axis Bank Extends Losses
- ICICI Bank rose 0.28%, with Canara Bank and Kotak Mahindra Bank also trading higher
- Axis Bank declined 0.58%, among the top losers in early trade
- AU Small Finance Bank, Punjab National Bank, IndusInd Bank and Federal Bank also traded lower
Stock Market Live: IT Leads Gains While Metal, Realty Drag In Early Trade
- Nifty IT was the top gainer, up 0.96%, followed by Media, India defence and Pharma
- Nifty Metal and Realty declined the most, falling 0.82% and 0.81% respectively
- Auto, FMCG and PSU Bank indices also traded lower, while Oil & Gas and Consumption were largely flat
Nifty, Sensex Erase Early Gains Minutes After Open
- Nifty 50 turned flat at 23,988.50 after opening higher
- Sensex held marginal gains at 76,827.09, up 18.61 points
- Early gains faded within minutes of the opening trade
Stock Market Live: Rupee Weakens In Early Trade Against Dollar
The Indian rupee depreciated by 17 paise to 94.39 against the US dollar at the open
Stock Market Live: Nifty, Sensex Indicate Higher Start In Pre-Open Trade
- Nifty 50 was up 0.30% at 24,062.00 in pre-open session
- Sensex rose 0.13% to 76,907.08
Stock Market Live: Brokerages Maintain Ratings On Pine Labs, Outline Growth Plans
- Morgan Stanley retained an overweight rating with a target price of Rs 186, citing growth plans in in-store payments and margins
- Citi maintained a buy rating with a target price of Rs 235, highlighting revenue growth and operating leverage
- UBS noted focus on technology and profitability, with guidance on revenue and cash flow reiterated
Stock Market Live: Jefferies Raises Target Price On Navin Fluorine, Maintains Buy
- Jefferies maintained a buy rating on Navin Fluorine and raised the target price to Rs 8,700 from Rs 8,385
- The brokerage highlighted growth plans in CDMO, specialty chemicals and semiconductor chemicals
- It expects continued earnings growth over the coming years
Stock Market Live: NSE Likely To File DRHP For IPO, Valuation Seen Above Rs 5 Lakh Crore
- NSE is expected to file its draft prospectus for an IPO, with valuation pegged above Rs 5 lakh crore, sources said
- The offer size may be around 5% of equity, while LIC is not expected to sell its stake
- The listing is likely between October and November, while the co-location case with SEBI remains pending final settlement
Stock Market Live: CLSA Initiates LG India With Outperform Rating
- CLSA initiated coverage on LG India with an outperform rating and a target price of Rs 1,830
- The brokerage expects growth in large appliances and sees support from premiumisation and higher penetration
- It cited brand strength, distribution network and operating leverage as key drivers
Stock Market Live: Brokerages Retain Ratings On Coforge, Highlight Growth Plans
- Nomura maintained a buy rating with a target price of Rs 2,100, citing plans to scale revenue with focus on AI-led growth
- UBS retained a neutral rating with a target price of Rs 1,505, noting growth visibility and margin expansion efforts
- Morgan Stanley kept an overweight rating with a target price of Rs 1,500, highlighting long-term revenue targets and execution focus
Stock Market Live: Multiple Stocks See Corporate Updates Across Deals, Appointments
- Infosys, Wipro and TCS announced AI and digital partnerships, while Zydus Lifesciences completed acquisition of Assertio Holdings
- Kajaria Ceramics approved a buyback, KIMS launched a QIP, and Sanstar cleared a preferential share issue
- Bharat Forge unveiled an armoured vehicle, while NHPC, Krishna Defence and Sona BLW flagged project and capex updates
- GIC Re and BSE reported key appointments, while Bank of Maharashtra revised lending rates effective June 17
Stock Market Live: Gillette India Says Women’s Grooming Segment Growing Over 20%: PTI
- Gillette India said its Venus brand in the women’s grooming segment is growing at over 20% annually, PTI reported
- The segment contributes a double-digit share to the company’s grooming portfolio
- The company is expanding product offerings and increasing digital outreach to drive adoption
Stock Market Live: France Looks To Expand MSME Ties With India: PTI
- France is seeking to strengthen business engagement between Indian and French MSMEs, PTI reported
- Sectors identified for collaboration include healthcare, luxury retail, construction and logistics
- Officials said efforts are underway to bring more French MSMEs to India and build partnerships across key industries
Stock Market Live: NHPC Signs Pact With Arunachal For Etalin Hydro Project
- NHPC signed an agreement with the Arunachal Pradesh government for the 3,097 MW Etalin hydroelectric project
- The company has received approval to conduct a pre-feasibility study
- The project will be developed on a build, own, operate and transfer basis for 40 years
Stock Market Live: KIMS Launches Rs 1,500 Crore QIP At Discount: Sources
- Krishna Institute of Medical Sciences has launched a qualified institutional placement to raise Rs 1,500 crore, sources said
- The indicative issue price is Rs 755 per share, reflecting a 3% discount to the current market price
- Proceeds will be used to repay debt and invest in subsidiaries, with IIFL and Jefferies acting as bankers
Stock Market Live: Japan Exports Rise Above Estimates; Trade Deficit Narrows
- Japan’s exports grew 17.0% year-on-year in May, above the estimated 16.5%
- Imports increased 12.5%, slightly below expectations of 12.8%
- Trade deficit stood at 378.6 billion yen, narrower than the estimated 547.6 billion yen
Stock Market Live: Gems, Jewellery Exports Fall In May On Gold Price Surge: PTI
- India’s gems and jewellery exports fell 2.49% year-on-year to $2,047.80 million in May, PTI reported, citing GJEPC
- Gold jewellery exports declined 14.75%, with plain gold jewellery shipments leading the fall
- Sector faced pressure from higher gold prices, supply constraints and regulatory issues affecting gold availability
Stock Market Live: TN Board Drops Action Against Tata Electronics Hosur Unit
- Tamil Nadu Pollution Control Board has dropped further action against Tata Electronics' Hosur facility
- The company responded to queries raised in a show-cause notice
- Water samples collected from the facility showed no signs of contamination
Stock Market Live: India, US To Discuss Energy Ties, Trade Deal At G7: ANI
- Prime Minister Narendra Modi and US President Donald Trump are set to discuss West Asia, the Strait of Hormuz and energy imports during the G7 summit, sources told ANI
- Both sides are looking to strengthen a long-term energy partnership
- The India-US trade deal is in the final stage and may be completed in the next few weeks
Stock Market Live: G7 Leaders Reaffirm Positions On Ukraine, Middle East And Indo-Pacific
- G7 leaders reiterated support for Ukraine’s sovereignty and ongoing defence against attacks on infrastructure and territory
- They welcomed a U.S.-Iran agreement and expressed readiness to support its implementation
- The group stressed the need for a free and open Indo-Pacific and opposed unilateral changes to the status quo
Stock Market Live: Defence Ministry Receives 10 Bids For IAF UAV Deal: ANI
- Around 10 bids have been submitted by public and private firms for the Rs 30,000 crore UAV project, ANI reported
- The deal involves procurement of 87 unmanned aerial vehicles for the Indian Air Force
- Bidders include HAL, Tata Advanced Systems, Larsen and Toubro, Solar Defence, Adani Defence and Raphe mPhibr
Stock Market Live: India Plans Star Rating System For Electric Two-Wheelers: LiveMint
- India plans to introduce a star-based energy efficiency rating system for electric two-wheelers, according to LiveMint
- The system may follow the one-to-five star format used by the Bureau of Energy Efficiency for appliances
- Discussions are at an early stage, with stakeholders including BEE, SIAM and manufacturers involved in recent meetings
Stock Market Live: Oil Prices Rise After Recent Drop As Supply Outlook In Focus
- Brent crude rose 0.7% to $79.49 per barrel, while WTI gained 0.7% to $76.61
- Prices moved higher after falling to around three-month lows
- Traders tracked the impact of a possible U.S.-Iran deal and reopening of the Strait of Hormuz on global supply
Stock Market Live: Asian Shares Decline Ahead Of Fed Policy Decision
- Asian markets traded lower as investors stayed cautious before the U.S. Federal Reserve’s policy announcement
- South Korea’s Kospi fell 0.93%, the most in the region
- Japan’s Nikkei 225 slipped 0.06%, while Australia’s ASX 200 edged 0.05% lower
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