News Overview

Indian Benchmark indices ended sharply lower on June 23, 2026, as a 10% crash in South Korea's Kospi, weakness in IT stocks following Accenture's cautious outlook, and renewed concerns over higher US interest rates triggered broad-based selling. Nifty fell 278.80 points to 23,824.10, while Sensex declined 893.39 points to 76,200.68. Metal and IT stocks led losses, while Pharma emerged as the lone sectoral gainer amid defensive buying.

The South Korean KOSPI fell nearly 10% in its sharpest drop in months, driven by heavy selling in semiconductor giants Samsung Electronics and SK Hynix amid profit-taking and global tech weakness.

Sensex fell 948 points and Nifty dropped 298 points amid global market weakness, FII selling, and sector-wide pressure in IT and metals. Here’s a detailed breakdown of key reasons and outlook.

SpaceX shares have reversed sharply after a strong IPO rally. Learn the key reasons behind the volatility, including retail flows, debt concerns, and lockup pressure.

Waterways Leisure Tourism IPO has opened for subscription with a price band of ₹769-₹808 per share. The cruise tourism company plans to raise ₹585 crore through a fresh issue. Explore the company's business model, financials, GMP trend, IPO objectives, strengths, risks, and whether the issue is worth considering for investors.

Vedanta stock plunged nearly 9% on June 23 following a major block deal worth ₹2,149 crore. The decline comes shortly after the group's demerger, which created four separately listed companies and transformed Vedanta into a focused metals and mining business.

Advit Jewels IPO has opened for subscription with a price band of ₹130-₹138 per share. Backed by strong revenue growth, healthy margins, debt reduction plans, and a GMP of ₹64, the issue is attracting significant investor interest.

Turtlemint Fintech Solutions' ₹882.67 crore IPO is set to close for subscription on June 23. With the grey market premium dropping to ₹1, market sentiment suggests limited listing gains ahead of its June 29 stock market debut.

Asian equities delivered a mixed performance on June 22, with Japan's Nikkei reaching another record high and South Korea's KOSPI extending gains on AI-driven semiconductor momentum. Meanwhile, Hong Kong underperformed as investors continued rotating away from Chinese consumer stocks. From US-Iran peace talks to China's post-holiday market reopening and South Korea's semiconductor dominance, here's what mattered for global markets and India's outlook.

Indian benchmark indices extended gains on June 22, 2026, as easing geopolitical tensions, falling crude oil prices, strong buying in Reliance Industries after its AGM, recovering IT stocks, and robust foreign investor inflows supported market sentiment. Nifty closed above 24,100, Sensex rose nearly 300 points, and Pharma, Healthcare, Media, and Oil & Gas sectors emerged as top performers.