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Market Opening Bell: Sensex tumbles 557 points, Nifty below 24,000, Infosys crashes 8% | Markets
19
Jun
By The Press Editor
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Business

Market Opening Bell: Sensex tumbles 557 points, Nifty below 24,000, Infosys crashes 8% | Markets

Mumbai: Sensex, Nifty Today: Indian equity benchmark indices, the Sensex and Nifty, started the trading session on a negative note on June 19, 2026, amid persistent selling by Foreign Institutional Investors (FIIs) and a fall in ADR (American Depositary Receipt) of Infosys, Wipro, after Accenture cuts growth guidance. While the 30-share BSE Sensex fell 557.12 points or 0.71 per cent to start the session at 76,852.86, the Nifty fell 176.8 points to open at 23,991.20. In the last trading session, the Sensex closed at 77,409.98 and the Nifty 50 at 24,168.00. Similarly, the broader indices traded in the red in…
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NSE IPO likely to be largest-ever public issue in India, to surpass record of Hyundai: Full details | Markets
18
Jun
By The Press Editor
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Business

NSE IPO likely to be largest-ever public issue in India, to surpass record of Hyundai: Full details | Markets

Mumbai: The National Stock Exchange (NSE), one of the leading stock exchanges in the country, has filed draft documents with the market regulator, SEBI, for approval of its much-awaited initial public offering (IPO). The IPO will be entirely an offer for sale by existing shareholders and is estimated to be worth around Rs 30,000 crore, making it India's largest-ever public issue. This much-anticipated IPO could even surpass the record set by Hyundai Motor India's Rs 27,870 crore IPO in October 2024. The development holds significance as the NSE's listing plans had been stalled for nearly a decade due to regulatory…
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EPFO 3.0 ATM Withdrawal: When will it start and how much can EPF members withdraw? Check details | Markets
18
Jun
By The Press Editor
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Business

EPFO 3.0 ATM Withdrawal: When will it start and how much can EPF members withdraw? Check details | Markets

New Delhi: Employed people have the Employees' Provident Fund (EPF) in which a fixed amount is deposited from their monthly salary. The company also deposits the same amount into the account. For a long time, employees have had to wait over a week to withdraw money from this account. However, the Employeesโ€™ Provident Fund Organisation (EPFO) has completed testing of EPFO 3.0, which aims to make PF services seamless and faster. EPFO 3.0 is a modern digital initiative that aims at eliminating delays in PF transfers and withdrawals. This system will soon allow account holders to withdraw money via ATMs…
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South Delhi to Gurgaon in 6 mins: Govt approves 4km elevated road, details here | Business
18
Jun
By The Press Editor
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Business

South Delhi to Gurgaon in 6 mins: Govt approves 4km elevated road, details here | Business

New Delhi: To tackle daily traffic congestion in South Delhi, the government has approved a 4-kilometre-long signal-free elevated corridor along Sant Shri Nagpal (SSN) Marg in Chhatarpur. Sharing details of the approval, Delhi PWD Minister Parvesh Verma said that using this elevated corridor will save commuters significant time. The flyover stretches from Anuvrat Marg to DLF Farms along SSN Marg.ย  Connectivity to the Qutub Minar, several residential areas will be enhanced Verma stated that the Delhi government has approved this project following a feasibility study. The elevated corridor will help alleviate congestion at a major traffic bottleneck in South Delhi.…
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Aerospace and defence stock in focus as company shares details on conversion of warrants: Details | Markets
18
Jun
By The Press Editor
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Business

Aerospace and defence stock in focus as company shares details on conversion of warrants: Details | Markets

Mumbai: Shares of Apollo Micro Systems Ltd., a technology-driven firm in the aerospace, defence, and homeland security sectors, are in focus as the company has shared details about the conversion of warrants with the exchanges. The counter opened in green amid volatility in the benchmark indices. It started the trading session at Rs 440.20 against the previous close of Rs 438.80 on the BSE. It gained further to touch the high of Rs 442.95, representing a gain of Rs 4.15 or 0.94 per cent from the previous close. This is just 4.7 per cent away from the 52-week high of…
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Gold drops Rs 2.5k per 10 grams, silver at Rs 2.44 lakh per kg on MCX | Check city-wise rates | Markets
18
Jun
By The Press Editor
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Business

Gold drops Rs 2.5k per 10 grams, silver at Rs 2.44 lakh per kg on MCX | Check city-wise rates | Markets

Mumbai: Rates of precious metals in futures remained under pressure on Thursday, June 18, 2026, as rising US Treasury yields and a stronger dollar reduced the appeal of precious metals. The gold August 5 contract on the Multi Commodity Exchange (MCX) opened with a drop of Rs 1,573 or 1.02 per cent at Rs 1,52,306 per 10 grams against the previous close of Rs 1,53,879. It fell further to touch an intraday low of Rs 1,51,133, a drop of Rs 2,746 or 1.78 per cent. Last seen, it was trading at Rs 1,51,136 with a drop of Rs 2,743 or…
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IT stock in focus as board approves allotment of 17 crore equity shares on preferential basis | Markets
18
Jun
By The Press Editor
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Business

IT stock in focus as board approves allotment of 17 crore equity shares on preferential basis | Markets

Mumbai: Shares of Blue Cloud Softech Solutions are on investors' radar after the company informed exchanges that its board of directors has approved the allotment of 17 crore equity shares with a face value of Re 1 each on a preferential basis, through a share swap rather than cash. This move follows the receipt of shareholder approval on May 4, 2026 and in-principle approval from the BSE on June 2, 2026. According to the information shared, the company has issued 17 crore new shares at Rs 21.93 per share. In return, Blue Cloud is purchasing 21.25 core shares of Global…
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145% return in 3 months: Stock hits upper circuit even as markets remain volatile, what’s fuelling the rally? | Markets
18
Jun
By The Press Editor
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Business

145% return in 3 months: Stock hits upper circuit even as markets remain volatile, what’s fuelling the rally? | Markets

Mumbai: Shares of Indiabulls Ltd, which is in real estate and financial services, jumped 5 per cent to hit the upper circuit today, even as benchmark indices remained volatile. Sensex and Nifty drifted lower in early deals, but later bounced back to trade higher. The stock opened in the green at Rs 24.33, up from the previous close of Rs 24.02, on the BSE. It surged further to hit an intraday high of Rs 25.22 and got locked in the upper circuit. This is just 1.11 per cent away from the 52-week high of Rs 25.5, hit on June 10,…
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Vedanta Power Share Price: Stock hits new high, what’s behind the rally? Find out here | Markets
18
Jun
By The Press Editor
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Business

Vedanta Power Share Price: Stock hits new high, what’s behind the rally? Find out here | Markets

Mumbai: Shares of newly listed Vedanta Power, one of the demerged businesses of Vedanta, continued upward momentum on Thursday, June 18, 2026, even as benchmark indices remained volatile amid mixed global cues as the Federal Reserve held interest rates steady, as widely anticipated but implied that at least one quarter-point rate hike would come later this year. The stock started the trading session at Rs 42.70, a gain of Rs 0.55 or 1.30 against the previous close of Rs 42.15 on the BSE.ย The counter gained further, hitting an intraday high of Rs 43.70, a 3.67 per cent gain from the…
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