What’s likely to move markets in the next trading session on June 19?

Investors will closely watch the 49th annual general meeting (AGM) of Reliance Industries for updates on the timeline for the Jio IPO, progress in its data centre business, developments at Reliance Retail, and the company’s artificial intelligence initiatives.

IT stocks will also be in focus after the American Depositary Receipts (ADRs) of Infosys and Wipro fell about 4.5% in pre-market trading following Accenture’s third-quarter results, where the company marginally missed revenue estimates.

US markets: US stocks advanced on Thursday as traders moved to recover after the Federal Reserve signalled the possibility of a rate hike this year. The S&P 500 rose 0.8%, while the Nasdaq Composite gained 1%. The Dow Jones Industrial Average added 210 points, or 0.4%.

Chip stocks led gains, with Intel surging 7% after President Donald Trump said the company will partner with Apple to design chips in the US. Other semiconductor stocks also moved higher, with Nvidia and Micron Technology rising more than 1% and about 6%, respectively.

RIL AGM: Reliance Industries Ltd will hold its 49th Annual General Meeting (AGM) on June 19, and investors are expected to closely watch updates on the conglomerate’s new energy ambitions, progress on the planned listing of Jio Platforms, and the company’s capital allocation across businesses.

HDFC AMC data breach: The country’s third-largest asset management company is likely to get the forensic auditor’s report on the data breach by next week, according to the sources. Sources tell CNBC-TV18 that the asset manager had empanelled an independent forensic auditor last month, following an anonymous hacker’s breach of the fund house’s data in May 2026.

Accenture Guidance: Accenture Plc shares plunged more than 17% in premarket trading on Thursday after the IT services and consulting major narrowed the upper end of its annual revenue growth forecast and issued fourth-quarter guidance that fell short of Wall Street expectations. The Dublin-headquartered company expects fourth-quarter revenue of $17.75 billion to $18.4 billion, below analysts’ estimate of $18.47 billion.

Infosys, Wipro ADRs: The American Depository Receipts (ADRs) of Infosys Ltd came under pressure in premarket trading on Thursday after Accenture lowered its annual revenue growth guidance, triggering a broad selloff across global IT services stocks. Infosys ADRs were trading over 7% lower at $10.86 apiece. The weakness was visible across the sector, with Wipro ADRs declining over 8% and Cognizant Technology Solutions falling more than 8% in premarket trade.

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