The equity benchmark indices BSE Sensex and NSE Nifty closed sharply higher on Friday (June 12), with the benchmark indices recording their strongest gains in recent sessions as reports of a potential US-Iran deal and a decline in crude oil prices supported risk appetite. The Sensex rose 1,695 points to end at 75,528, while the…
Stock Market Today, June 12, Closing Bell: 30-share BSE Sensex gained 2.30 per cent or 1695.40 points to end at 75,527.95, while NSE Nifty50 rose 1.99 per cent or 461.30 points to end at 23,622.90, respectively. The Indian stock market sharply rallied on Friday, with benchmark indices Sensex and Nifty surging more than 2 per…
Indian benchmark indices witnessed a strong rebound on Friday, June 12, with investors returning to risk assets amid signs of easing geopolitical tensions in West Asia, a sharp correction in crude oil prices, and a stronger rupee. The rally was broad-based, lifting both frontline and broader market indices. The Sensex climbed more than 1,300 points…
Citi continues to maintain a cautious stance on Indian IT stocks, with Surendra Goyal highlighting multiple structural challenges that, in his view, are making the sector’s growth environment increasingly difficult. Speaking in a recent interaction, Goyal underscored that the brokerage’s conservative outlook is not new but rooted in concerns that have persisted for several years….
Shares of Nestle India Ltd. fell as much as 3% on Friday, June 12, after the Food Safety and Standards Authority of India (FSSAI) issued a notice to the company over alleged detection of Insect / Larvae in the Maggi packet. According to the notice, the FSSAI is seeking a detailed Action Taken Report (ATR),…
RBI’s $50 bn forex push: Can India’s markets see a major turnaround? Emkay’s Manish Sonthalia breaks down on FII flows, earnings outlook and more | ET NOW EXCLUSIVE (Image source: AI-generated/ET NOW) ET NOW EXCLUSIVE: With the Reserve Bank of India’s (RBI) latest policy measures aimed at boosting the country’s foreign exchange reserves as well…
SpaceX IPO: Freedom Capital’s Paul Meeks expects strong initial demand due to limited share supply but questions the valuation and AI prospects. (Image: AI/ET Now) SpaceX IPO: Elon Musk’s SpaceX is set to begin trading on the Nasdaq later on Friday after pricing the largest US initial public offering (IPO) on record at USD 135…
Gold and silver prices traded higher in the domestic market on Friday (June 12), tracking a recovery in global bullion prices as investors assessed geopolitical developments in the West Asia, inflation trends and the outlook for global interest rates. MCX gold futures were trading around ₹1.49 lakh per 10 grams during the session after recovering…
Among those shortlisted are a recently retired deputy governor at the Reserve Bank of India (RBI), a retired bureaucrat, a former head of a public sector bank, a former India CEO of a multinational company, and a technology veteran. The Board of Directors at India’s largest private sector lender, HDFC Bank, is likely to appoint…
US-based workforce and technology solutions company Tryfacta Inc has submitted draft listing documents to the International Financial Services Centres Authority (IFSCA) for a proposed initial public offering (IPO) valued at $100-150 million on the exchanges operating at GIFT City in Gujarat. If the issue goes ahead as planned, Tryfacta would become the first company headquartered…
