Business

24

Jun

By The Press Editor

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Business

Market Opening Bell: Sensex gains 29 points, Nifty below 23,800 points, Trent jumps 4.38% | Markets

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened mixed on June 24, 2026, amid weak global cues, with selling in IT stocks continuing. While the 30-share BSE Sensex gained 29.08 points, or 0.46 per cent, to start the session at 76,229.76, the Nifty fell 28.3 points to open at 23,795.80. In the last trading session, the Sensex closed at 76,200.68 and the Nifty 50 at 23,824.10. However, the broader indices traded in the green in the opening session. While the BSE Midcap Select Index was up by 4.43 points, the BSE Smallcap Select Index added 8.21 points or 0.09…

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23

Jun

By The Press Editor

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Business

Voda Idea shares in focus as company raises Rs 1,182 crore from promoter Aditya Birla Group | Markets

Mumbai: Shares of Vodafone Idea continue to fall for the third straight session on Tuesday, June 23, 2026. The scrip has corrected 3.26 per cent in the period, and it has underperformed the sector by 1.41 per cent today. The stock opened in the green despite a weak start in the stock market benchmark indices, the Sensex and the Nifty, as investors stayed on the sidelines after the recent rally. Even as weak trends in Asian markets and fresh foreign fund outflows led to the subdued trading in equities during the early deals, the counter managed to gain in early trade.…

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23

Jun

By The Press Editor

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Business

Tier-2 Indian cities attract real estate capital with major infrastructure push: Details | Business

Mumbai: Rising land prices, increased market saturation in metro cities, and continued emphasis on infrastructure development have led developers and investors to shift their sights from metropolitan cities to tier-2 cities. As expressways, airports, industry belts, and business districts begin to shape the economy, a new breed of city emerges as an investment opportunity. Markets such as Lucknow, Prayagraj, Indore, Jaipur, Nagpur and Chandigarh are no longer being viewed merely as future growth prospects; they are demonstrating tangible demand, stronger economic fundamentals and increasing capital absorption.  Surging Land Prices  As per industry estimates, land prices in India's tier-2 and tier-3…

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23

Jun

By The Press Editor

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Business

Vande Bharat sleeper trains on 9 routes soon: Check routes, top speed, passenger capacity and other details | Business

New Delhi: With the aim of completely transforming long-distance travel, Indian Railways is planning to introduce Vande Bharat sleeper trains on more routes. Following the success of the Vande Bharat Express, the Railways is now focusing on Vande Bharat Sleeper trains. Equipped with modern amenities, these trains run at higher speeds and could make journeys more comfortable. The Vande Bharat Sleeper train is specially designed for overnight and long-distance travel. Passengers will enjoy modern berths, improved lighting, comfortable seats, noise-reducing coaches, and state-of-the-art safety features. The railways aim to provide passengers with a comfortable and fast travel experience comparable to…

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23

Jun

By The Press Editor

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Business

Sensex tumbles 900 points, Nifty closes below 23,900 amid sell-off in IT stocks | Markets

Mumbai: Benchmark stock indices Sensex and Nifty declined sharply on Tuesday, June 23, 2026, amid weak global cues, with a broad technology-led sell-off weighing on sentiment. The 30-share BSE Sensex tumbled 893.39 points or 1.16 per cent to settle at 76,200.68. During the day, the benchmark hit a high of 77,194.83 and a low of 76,082.51, gyrating 1,112.32 points. The 50-share NSE Nifty tumbled 278.80 points or 1.16 per cent to settle at 23,824.10. The broader market performed in tandem with the benchmarks. While the BSE MidCap Select Index fell 0.99 per cent, the BSE SmallCap Select Index dropped 0.50…

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23

Jun

By The Press Editor

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Business

IRCTC CMD Sanjay Kumar Jain resigns citing personal reasons, here’s how shares react | Business

New Delhi: Sanjay Kumar Jain, an Indian Railway Traffic Services (IRTS) Officer of the 1990 batch, has resigned as the Chairman & Managing Director of Indian Railway Catering and Tourism Corporation Ltd (IRCTC). According to the information available, the government has accepted his resignation, but he will remain in his post until July 20, 2026. Jain took charge of the IRCTC CMD on February 14, 2024, and under his leadership, the company expanded into various areas, including ticket booking, tourism services, and catering. He is a 1990-batch Indian Railway Traffic Service (IRTS) officer with extensive experience in railway administration. Jain was instrumental…

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23

Jun

By The Press Editor

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Business

BSE-listed IT stock continues upward trend, hits upper circuit for second consecutive day, here’s why | Markets

Mumbai: Shares of Hyderabad-based IT company Blue Cloud Softech Solutions continued to surge for the second consecutive day, hitting the upper circuit even as benchmark indices traded flat, with investors staying on the sidelines after the recent rally. Weak trends in Asian markets and fresh foreign fund outflows also led to the subdued trading in equities during the early deals. The 30-share BSE Sensex declined 57.43 points to 77,061.94 in early trade. The 50-share NSE Nifty dipped 31.6 points to 24,071.30. However, they remained volatile and fell further after trading marginally higher for a brief period. Amid this, the stock…

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23

Jun

By The Press Editor

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Business

Gold falls over 1% on MCX, silver slips by Rs 7,000 as dollar index holds steady above 100 mark | City-wise rates | Markets

Mumbai: Rates of precious metals in futures opened gap-down on Tuesday, June 23, 2026, as the dollar index held steady above the 100 mark. The gold August 5 contract on the Multi Commodity Exchange (MCX) opened with a drop of Rs 1,342 or 0.90 per cent at Rs 1,46,776 per 10 grams against the previous close of Rs 1,48,118. It fell further to an intraday low of Rs 1,46,070, down Rs 2,048 or 1.38 per cent. Last seen, it was trading at Rs 1,46,325 with a drop of Rs 2,048 or 1.38 per cent. In between, it touched an intraday…

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23

Jun

By The Press Editor

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Business

Advit Jewels IPO GMP today: Check subscription status, price band and other details | Markets

Mumbai: The initial public offer (IPO) of Jaipur-based Advit Jewels is now open for subscription. The three-day subscription window for the company's maiden public issue will conclude on June 25, 2026. The company has fixed a price band of Rs 130-138 per share. The public offering is entirely a fresh issue of 1.19 crore shares, valued at Rs 165.15 crore at the higher-end of the price band. The IPO comprises a fresh issue of 1.20 crore equity shares with no offer-for-sale component. The face value of equity share is Rs 10, and the minimum order quantity is 100 equity shares.…

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23

Jun

By The Press Editor

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Business

Waterways Leisure Tourism IPO: Subscription window opens today, check latest GMP and other details | Markets

Mumbai: The initial public offering of Waterways Leisure Tourism will be open for subscription from today i.e. June 23, 2026. The three-day subscription window will end on June 25, 2026. Just a day before the opening of its maiden public offering, the company raised Rs 263.25 crore from anchor investors. According to a circular uploaded on the BSE's website, the major names among the anchor investors are Baroda BNP Paribas Mutual Fund, Cullinan Opportunities Fund, Zeal Global Opportunities Fund, M7 Global Fund, Nova Global Opportunities Fund, Stellar Growth Fund, ASAS Global Fund and Maybank Securities. The Cordelia Cruises operator  allotted…

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