Textile and apparel export stocks rallied strongly after India and the UK confirmed the implementation of their free trade agreement, boosting sentiment across Welspun Living, Indo Count Industries, KPR Mill, and other exporters.
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Textile and apparel export stocks rallied strongly after India and the UK confirmed the implementation of their free trade agreement, boosting sentiment across Welspun Living, Indo Count Industries, KPR Mill, and other exporters.
Nykaa stock jumped 8% after the company announced its FY30 roadmap targeting a $5 billion business, strong revenue growth, expanding wellness focus, and improving profitability.
Indian IT stocks declined sharply after the US Federal Reserve signaled potential future rate hikes, triggering a global tech sell-off and dragging the Nifty IT index down 1.8%.
Brigade Enterprises faces a regulatory setback after the Tamil Nadu SEIAA revoked the Environmental Clearance for its Brigade Morgan Heights residential project in Perumbakkam. The move follows allegations that construction began without mandatory approval from the State Wetland Authority, raising concerns over project timelines and compliance.
HFCL shares surged to the upper circuit after securing a ₹2,666 crore BharatNet Phase-III contract from RVNL. The project strengthens the company's order book, provides long-term maintenance revenue opportunities, and reinforces its position as a key beneficiary of India's broadband and digital infrastructure expansion.
The filing of NSE's ₹30,000 crore IPO has sparked renewed investor interest in companies holding stakes in India's largest stock exchange. While NIACL, GIC RE, LIC, SBI and Bank of Baroda rallied on value-unlocking expectations, IFCI fell as investors questioned the immediate benefits of its indirect exposure through Stock Holding Corporation of India.
CDSL shares rose on positive investor sentiment driven by upcoming meetings with global institutional investors such as Citadel and Millennium Partners, robust financial performance, and SEBI's approval of key leadership appointments. The developments have strengthened confidence in the depository's growth prospects and governance framework.
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.
NSE Indices has expanded its portfolio by launching 11 new sectoral indices, raising the total to 34. The move improves sector tracking, supports ETFs, and reflects India’s economic diversification.
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.
CDSL shares rose on positive investor sentiment driven by upcoming meetings with global institutional investors such as Citadel and Millennium Partners, robust financial performance, and SEBI's approval of key leadership appointments. The developments have strengthened confidence in the depository's growth prospects and governance framework.
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.
NSE Indices has expanded its portfolio by launching 11 new sectoral indices, raising the total to 34. The move improves sector tracking, supports ETFs, and reflects India’s economic diversification.
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.
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