Commodities Sector

Indian benchmark indices snapped a five-session winning streak on June 19, 2026, with Nifty closing at 24,013 and Sensex falling 607 points. Weak guidance from Accenture sparked a broad IT sector sell-off, while profit booking and renewed FII selling further weighed on sentiment. Pharma and Defence stocks provided some support amid the broader market weakness.

Vedanta Group's newly listed demerged entities bucked the broader market weakness, with Vedanta Iron and Steel emerging as the biggest winner after gaining 28% in just five sessions. The rally reflects growing investor confidence in the value-unlocking potential of Vedanta's landmark demerger, as the market begins assigning independent valuations to its aluminium, iron and steel, power, and oil and gas businesses.

Indian benchmark indices ended higher for the fifth consecutive session as lower crude oil prices, easing geopolitical tensions, and optimism surrounding the India-UK Free Trade Agreement supported investor sentiment. Banking, realty, cement, and pharma stocks drove the rally, while IT stocks remained under pressure following hawkish US Federal Reserve commentary.

Gold and silver prices rallied sharply even as markets anticipated a US-Iran peace agreement that should have weakened safe-haven demand. Instead, lower oil prices, softer Treasury yields, a weaker dollar, rising ETF and central bank demand, and expectations of a more dovish Federal Reserve fueled a powerful rebound in precious metals. Here's why gold and silver are defying conventional market logic and what investors should watch next.

The Indian stock market extended its winning streak on June 17, 2026, as Nifty closed above the crucial 24,000 mark and Sensex gained 347 points. Defence stocks emerged as top performers following record domestic defence production in FY26, while lower crude oil prices, hopes of a US-Iran peace deal, and positive global cues supported broad-based buying across sectors.

Indian benchmark indices extended their rally on June 16, 2026, as optimism over US-Iran peace talks, lower crude oil prices, and FII buying lifted sentiment. Nifty and Sensex closed higher, with gains led by IT, Realty, FMCG, and Chemicals, while Metal and Auto lagged.

Indian benchmark indices ended on a mixed note on June 10, 2026, as geopolitical tensions, rising crude oil prices, rupee weakness, and persistent FII selling kept investors cautious. While FMCG and Private Bank stocks provided support, sectors such as Energy, Metals, Realty, and Media witnessed significant selling pressure ahead of key US inflation data.

Indian benchmark indices ended sharply lower on June 8, 2026, with Nifty closing at 23,123 and Sensex falling 719 points as geopolitical tensions between Iran and Israel, rising crude oil prices, weak global market sentiment, and US rate hike fears triggered a broad-based selloff across sectors.

Vedanta Ltd shares declined 3.71% as investors reacted to CopperTech Metals' planned NYSE listing and auditor warnings about the company's ability to continue as a going concern. The Vedanta-owned copper business is seeking capital to fund a $2.7 billion expansion of Zambia's Konkola Copper Mines despite significant debt, operational losses, and a challenging financial outlook.

The Indian stock market closed slightly lower on June 5, 2026, as investors reacted to the RBI's decision to keep interest rates unchanged while raising inflation projections and lowering GDP growth forecasts. Nifty ended below 23,400, Sensex slipped 117 points, while Bank Nifty outperformed. Adani Enterprises and Bajaj Finance gained, whereas Wipro and Trent declined amid stock-specific developments.