Domestic institutional investors (DIIs) provided support to Indian equities on Monday, helping benchmark indices close higher despite continued selling by foreign investors. According to provisional exchange data, foreign institutional investors (FIIs) were net sellers of equities worth ₹635.91 crore during the session. In contrast, DIIs remained net buyers, purchasing shares worth ₹1,035.72 crore. The trend…
Futures tied to Wall Street indices were largely subdued on Monday, June 22, as investors assessed developments in US-Iran peace negotiations and positioned ahead of key inflation data that could shape the Federal Reserve’s policy outlook. S&P 500 futures slipped 0.1%, while Nasdaq-100 futures hovered near the flatline. Dow Jones Industrial Average futures were little…
Vedanta Aluminium Metal Ltd (VAML), which recently got listed on the BSE and NSE, on Monday said it plans to double its production capacity to 60 lakh tonnes per annum (LTPA) to meet rising demand from infra, automotive and electrification sectors. VAML officially commenced trading as an independent listed entity on the National Stock Exchange…
India’s largest IT services exporter, Tata Consultancy Services Ltd (TCS), on Monday (June 22), said its board of directors will meet on July 9, 2026, to consider financial results for the quarter ended June 30, 2026. The company will approve and take on record the audited standalone interim financial results under Ind AS for the…
Metallurgical and chemical engineering firm APAR Industries Ltd on Monday (June 22) said its wholly owned subsidiary, APAR Industries Middle East Ltd, KSA, has signed an agreement with the Saudi Aramco Base Oil Company. The agreement is aimed at strengthening the downstream industrial ecosystem and enhancing local content. Under the agreement, APAR will supply base…
Info Edge (India) Ltd said its artificial intelligence startup portfolio has grown to ₹1,268 crore from investments of ₹614 crore across 28 companies, delivering a 2.1x multiple and an estimated gross internal rate of return (IRR) of 31%. In a letter to shareholders released on Monday, June 22, the company identified AI, deeptech and consumer…
Hindustan Zinc Ltd said on Monday, June 22 that it has signed a memorandum of understanding (MoU) with Advantek Associates LLP and Aero Eagle Automobiles Pvt Ltd to explore the adoption of green hydrogen and other clean energy solutions across its operations. The company said that the the collaboration aims to evaluate innovative technologies that…
State-run defence electronics company Bharat Electronics Ltd (BEL) on Monday (June 22) said it has received additional orders worth ₹1,081 crore since its last disclosure on May 25, 2026. The Navratna defence public sector undertaking said the orders include communication equipment, radars, CBRN protection systems, seekers, avionics, upgrades, spares and services. The latest contracts add…
AMFI Re-categorisation. (Image: ET Now) AMFI Re-categorisation: Several stocks could witness a change in their market cap classification under the upcoming semi-annual categorisation exercise by the Association of Mutual Funds in India (AMFI), according to a report by Nuvama Alternative Research. The prediction for stock re-categorisations has been shared by Nuvama Alternative Research on June…
The equity benchmark indices BSE Sensex and NSE Nifty ended higher on Monday (June 22), with all major indices closing in the green after a range-bound trading session. The Sensex rose 291 points to 77,094, while the Nifty gained 90 points to close at 24,102. Nifty Bank advanced 250 points to 57,936, and the Midcap…
