Business

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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23

Jun

By The Press Editor

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Business

Market Opening Bell: Sensex flat, Nifty drops 31 points amid weak global cues, BEL among top gainers | Markets

Mumbai: Sensex, Nifty Today: Indian equity benchmark indices, the Sensex and Nifty, opened in the red on June 20, 2026, amid weak global cues and persistent selling by Foreign Institutional Investors. While the 30-share BSE Sensex fell 8.02 points to start the session at 77,086.05, the Nifty fell 31.6 points to open at 24,071.30. In the last trading session, the Sensex closed at 77,094.07 and the Nifty 50 at 24,102.90. However, the broader indices traded in the green in the opening session. While the BSE Midcap Select Index was up by 16.05 points, the BSE Smallcap Select Index added 27.35…

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22

Jun

By The Press Editor

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Business

Has the definition of value homes changed in NCR real estate? Here’s what experts say | Business

New Delhi: For a long time, property buying in NCR was centred on the usual factors such as location, connectivity, and pricing. While these considerations continue to influence decision-making, the concept of value has undergone a significant transformation. The shift is perhaps most visible in the emergence of the "lifestyle buyer". There has also been a growing appreciation for amenities that enhance quality of life, from wellness centres and fitness facilities to sports infrastructure and recreational spaces that encourage social interaction.  According to Knight Frank India, residential sales worth over Rs 1 crore accounted for nearly 50 per cent of…

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22

Jun

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Business

Turtlemint Fintech Solutions IPO Day 2: Issue subscribed 51%, check latest GMP and other details | Markets

Mumbai: The initial public offering of Turtlemint Fintech Solutions Ltd, which raised Rs 397.20 crore from anchor investors ahead of the opening of its initial public offering (IPO), received 51 per cent subscription so far on the second day of bidding. As per data available with the National Stock Exchange (NSE), the public issue received bids for 1,67,30,266 shares against 3,29,01,878 shares on offer. The category for Qualified Institutional Buyers (QIBs) fetched 73 per cent subscription, while the quota meant for retail investors got subscribed to 57 per cent. The portion for non-institutional investors received 3 per cent subscription. The three-day…

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22

Jun

By The Press Editor

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Business

Sabarmati-Lalgarh Express: Check route, stoppages and timings of train between Rajasthan and Gujarat | Business

New Delhi: Union Railway Minister Ashwini Vaishnav flagged off two new trains on Sunday. Among the two trains is Lalgarh-Sabarmati Express, which will run between Lalgarh in Bikaner and Sabarmati in Ahmedabad. This new express train will strengthen direct rail connectivity between Rajasthan and Gujarat. This train is expected to provide significant convenience to ordinary travellers, students, businesspeople and tourists. Lalgarh-Sabarmati Express Train Number Train No 19407 Sabarmati-Lalgarh Express, running from Sabarmati to Lalgarh, will depart from Sabarmati daily at 17.55 hrs from 22nd June and reach Lalgarh at 08.10 hrs the next day. Train No 19408 Lalgarh-Sabarmati Express train…

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