Business

10

Jun

By The Press Editor

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Business

Sensex, Nifty erase early gains to settle flat in volatile trade, broader markets tumble over 1% | Markets

Mumbai: Benchmark indices Sensex and Nifty pared most of their gains and ended the June 10 session almost flat as investors turned cautious amid mounting geopolitical headwinds. The 30-share BSE Sensex closed slightly higher, up 64.42 points or 0.09 per cent at 73,983.18. During the day, it hit a high of 74,613.01 and a low of 73,897.57, gyrating 715.14 points. The 50-share NSE Nifty fell 27.15 points or 0.12 per cent to settle at 23,214.95. Broader markets underperformed, with the BSE Midcap Select Index falling 235.21 points or 1.35 per cent and the BSE Smallcap Select Index declining around 114.47 points…

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10

Jun

By The Press Editor

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Business

Jewellery stock below Rs 50 gains as company announces Qualified Institutions Placement: Check floor price | Markets

Mumbai: Shares of Jaipur-based retail jeweller Motisons Jewellers gained on Wednesday after the company announced a Qualified Institutions Placement (QIP). According to the information shared, the company has set the QIP floor price at Rs 11.58 per equity share with a face value of Re 1 each. The floor price has been following prior approval from its board and a subsequent shareholder postal ballot. The company stated it may offer a discount of not more than 5 per cent on the calculated floor price to institutional bidders. Further, the trading window for dealing in the securities of the company will…

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10

Jun

By The Press Editor

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Business

Gold falls nearly Rs 3k per 10 grams on MCX, silver sinks over 2% | Check city-wise rates | Markets

Mumbai: Rates of precious metals in futures opened a gap down on Wednesday, June 10, 2026, amid renewed tensions between the United States and Iran. The gold August 5 contract on the Multi Commodity Exchange (MCX) opened with a fall of Rs 2,517 or 1.65 per cent at Rs 1,49,926 per 10 grams against the previous close of Rs 1,52,443. It fell further to an intraday low of Rs 1,49,500, down Rs 2,943 or 1.93 per cent. However, it saw some buying at these levels and rose to an intraday high of Rs 1,50,853. Last seen, it was trading at…

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10

Jun

By The Press Editor

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Business

HDFC Bank home, car, personal loan EMIs may rise even as RBI keeps repo rate unchanged – Here’s why | Personal-finance

New Delhi: If you have taken a home loan, car loan, or personal loan from HDFC Bank, there is an important update for you. While the Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.25 per cent for the second consecutive policy review, the country's biggest private bank has increased its marginal cost of funds-based lending rate (MCLR) by 10 basis points. These new rates have become fully effective from June 8, 2026. This move by the bank will not only make taking a new loan more expensive but will also increase the monthly EMI burden…

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10

Jun

By The Press Editor

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Business

Dividend Bonanza: From Trent to Voltas, these Tata Group stocks to trade ex-date soon, check amount | Markets

Mumbai: Amid market volatility, investors are always on the lookout for stocks that can help them earn some additional income from their investment. If you are also looking for such stocks, there is a good opportunity as four stocks of Tata Group companies are set to trade ex-dividend soon. To be eligible for these dividend payouts, investors must hold these stocks before the ex-date. Investors buying these stocks on or after the ex-date will not receive the dividend amount. It must be noted that ex-date is the date on which a stock starts trading without the benefit of a corporate…

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10

Jun

By The Press Editor

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Business

Market Opening Bell: Sensex opens in green, Nifty flat amid weak global cues, Reliance gains 1.20% | Markets

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, started the trading session mixed on June 10, 2026, amid weak global cues following tensions in the Middle East. While the 30-share BSE Sensex gained 69.51 points or 0.09 per cent to start the session at 73,988.27, the Nifty dropped 8.15 points to open at 23,233.95. In the last trading session, the Sensex closed at 73,918.76 and the Nifty 50 at 23,242.10. However, the broader indices traded in the green in the opening session. While the BSE Midcap Select Index was up 8.29 points, the BSE Smallcap Select Index gained 16.27…

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10

Jun

By The Press Editor

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Business

CMR Green IPO Listing LIVE: Stock to make debut on bourses today, check latest GMP | Markets

Mumbai: Shares of CMR Green Technologies Ltd, a non-ferrous metal recycler, are set to debut on bourses today, i.e. on June 10, 2026. The initial public offer (IPO) received a whopping 127 times subscription during the three-day subscription window despite volatility in the stock market due to ongoing tensions in the Middle East and unstable crude oil prices. The issue witnessed strong participation from qualified institutional buyers and non-institutional investors. As per data available on the National Stock Exchange (NSE), the Rs 631-crore IPO received bids for 2,92,75,44,594 shares against 2,30,43,930 shares on offer. While qualified institutional buyers (QIBs) received…

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09

Jun

By The Press Editor

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Business

Are vertical communities with better connectivity reshaping the definition of luxury living? Find out | Business

New Delhi: Gone are the days when luxury housing in India was associated with sprawling villas, private lawns, low-rise communities, and large land parcels located away from dense urban centres. Space itself symbolised status. But as Indian cities evolve and land within prime urban districts becomes increasingly scarce, the definition of aspirational living is undergoing a visible transformation. Today’s affluent homebuyer is no longer looking only for square footage. Luxury is increasingly being defined by elevation, exclusivity, connectivity, wellness, curated experiences, and the quality of everyday life. Across India’s leading metropolitan regions, premium high-rise developments are emerging as modern vertical…

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09

Jun

By The Press Editor

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Business

Govt provided Rs 1.23 lakh crore to OMCs to keep fuel prices steady amid Middle East crisis: Sources | Business

New Delhi: Amid the ongoing crisis in the Middle East, which has directly impacted global energy markets, the government provided Rs 1.23 lakh crore to state-run oil marketing companies (OMCs) to keep retail fuel pump prices steady, sources said on Tuesday. They also said that surging global crude oil and fertiliser prices have driven up the country’s import bill, but India's growth is not under stress, and strong domestic consumption and robust fiscal buffers are keeping the economy steady. According to sources, the high-growth momentum witnessed in the March quarter of the previous fiscal year has seamlessly carried over into the…

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09

Jun

By The Press Editor

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Business

Market Closing Bell: Sensex, Nifty witness recovery after a pause in Iran-Israel tensions | Markets

Mumbai: Benchmark indices Sensex and Nifty witnessed a mild recovery to end the session in green on Tuesday, June 9, 2026, following a pause in Iran-Israel tensions and softer crude prices. The 30-share BSE Sensex jumped 394.50 points or 0.54 per cent, to settle at 73,918.76. The 50-share NSE Nifty gained 119.10 points, or 0.52 per cent, to end at 23,242.10. During the day, the BSE hit a high of 74,035.41 and a low of 73,426.18, gyrating 609.23 points. The Nifty 50 was up 119.10 points and closed at Rs 23,242.10. After a positive start, the benchmark fell to a…

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