Sensex Today | Stock Market LIVE Updates: Today is the weekly expiry of all Sensex contracts. For the Nifty, the recent lows of 23,070 come into play again after the breakout sold off between 23,450 – 23,500 levels, which remains the key resistance on the upside. Analysts maintain that any drop below the 23,070 low…
Stocks to Watch Today: Indian stocks are set to be in focus on June 11 amid a series of corporate developments across sectors. REC may attract attention after receiving approval for its merger with Power Finance Corporation, while Airtel, Reliance Industries, Wipro and IndiGo announced key business expansion initiatives. Inox Wind gained regulatory clearance for…
Shares of Oracle Corp. fell 10% in extended trading despite announcing results that were higher than expectations and raising its full fiscal Earnings Per Share forecast. How Did Oracle Fare In Q4 Fiscal 2026? Oracle Corp.’s results were ahead of estimates on both the revenue and the EPS front. The company’s revenue of $19.18 billion…
Benchmark indices on Wall Street sold off sharply on Wednesday, June 10, owing to multiple factors that put pressure on the equity markets. Futures this morning Indian time are also extending those losses further. How Did The US Markets End On Wednesday? On Wednesday, the Dow Jones fell over 950 points or nearly 2% to…
A cooling of the global artificial intelligence (AI) trade could create an opening for India to outperform in the coming months, according to Rahul Chadha, Founder & Chief Investment Officer at Shikhara Investment, and Prashant Paroda, Portfolio Manager-Emerging Markets at Allspring Global Investments. After AI-driven markets such as Taiwan, Korea and parts of China attracted…
Shares of Clean Max Enviro Energy Solutions Ltd gained as much as 15% on Wednesday, June 10, after the company announced a partnership with Meta Platforms to develop more than 900 MW of renewable energy capacity in India, supporting the tech giant’s expanding AI and data centre footprint in the country. In an exchange filing…
Shares of Hindustan Unilever Ltd. (HUL) gained as much as 3% on Wednesday, June 10, after JPMorgan reiterated its “Overweight” rating on the country’s largest FMCG company. The brokerage set a price target of ₹2,550 on the stock, implying a potential upside of nearly 20% from Tuesday’s closing price of ₹2,132.8. Following a meeting with…
Indian IT services companies could be on the verge of a meaningful recovery as artificial intelligence (AI) adoption starts benefiting service providers, according to Sandip Agarwal, Fund Manager at Sowilo Investment Managers. After a prolonged period of weak growth, Agarwal believes the sector is entering a new phase where earnings could rise significantly over the…
Shares of Concord Biotech Ltd. gained as much as 5% on Wednesday, June 10, after the company announced that it has secured approval from the U.S. Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Tofacitinib Tablets in both 5 mg and 10 mg strengths. The clearance marks a step forward…
Inflation could support growth across multiple sectors while emerging trends in electric vehicles (EVs) and manufacturing exports may create fresh investment opportunities, according to Shreyash Devalkar, Head of Equity at Axis Mutual Fund, which manages assets worth over $38 billion. Devalkar said inflation is likely to aid nominal growth across industries, including fast-moving consumer goods…
