TCS said it will setup a dedicated Business Unit focused on delivering strong customer value propositions, joint industry solutions and deep AI expertise on the Claude family of models through early access to Claude models

Analyst Timothy Horan argued that SpaceX is uniquely positioned to benefit from the convergence of artificial intelligence, communications and space-based infrastructure.

Behind the AI revolution, thousands of Indians are generating crucial data that could enable robots to perform household and industrial tasks.

Domestic markets recovered modestly on easing oil prices and selective buying in banking and pharma stocks. Analysts have recommended Allied Blenders and JB Chemicals, citing strong technical breakouts, rising volumes, bullish momentum and supportive trend indicators despite broader market consolidation.

Directed by David Ayer, the survival thriller has been developed in association with Domain Entertainment and Gulfstream Pictures and is backed by Paramount Pictures.

He urged states to focus on emerging sectors such as data centres and artificial intelligence, emphasising that AI should be viewed as an opportunity rather than a challenge.

The current forecast reduced the expected ‌oil demand growth this year from 1.17 million barrels ​per day seen previously

Piyush Goyal will visit Berne, Switzerland, on June 12 for discussions with senior representatives of the Swiss government and leaders of the Swiss pharmaceutical industry.

Vedanta’s four demerged businesses will begin trading on June 15, completing a major corporate restructuring. The listings will enable market-driven price discovery, help unlock shareholder value and allow each standalone company to pursue sector-specific growth opportunities independently.

On Wednesday, the shares had ended 0.82% lower at $107.04 as the tech selloff persisted.

The announcement was made following a conversation between the minister and a group of students who expressed dissatisfaction with the present IRCTC platform.

The World Bank cut its global growth forecast for 2026 to 2.5%, the slowest pace since the Covid-19 pandemic.

ADIA-backed Platinum Jasmine A 2018 Trust sold a 2.3% stake in Lenskart through a Rs 1,960 crore block deal. The transaction attracted strong participation from mutual funds, insurers and foreign investors, reflecting continued confidence in the eyewear retailer’s growth prospects.

The listing follows a 5-way demerger of Vedanta aimed at unlocking value by allowing each business vertical to operate and raise capital independently while offering investors more direct exposure to specific sectors.

Energy security, competitive electricity prices and manufacturing expansion dominated discussions at the NITI Aayog Governing Council meeting.

GNG Electronics witnessed a Rs 175 crore block deal as promoter Vidhi Khandelwal sold shares to domestic mutual funds and foreign investors. Institutional interest comes amid optimism over the company’s leadership in the refurbished electronics market and strong growth prospects.

The tribunal emphasised how crucial it is for property transfer papers involving senior individuals to explicitly include maintenance and care commitments.

Oracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating debt and spending in the competitive AI infrastructure sector. Engaging in large-scale data center partnerships with industry titans like OpenAI and Meta, Oracle aims to position itself against formidable competitors like Amazon and Microsoft.

Anthropic CEO Dario Amodei says having only one direct report helps him focus on big-picture decisions, AI research and company culture.

Officials clarified that the move does not amount to a reduction in excise duty on petrol sold for domestic consumption.

Tech majors, specifically chipmakers like Nvidia Corp. and Micron Technology corrected from their rout and rose over 1% at open.

2026 FIFA World Cup broadcast: The Festival of Football will kick-off on June 11, 2026 with exclusive action across Unite8 Sports channels and Zee 5.

Sebi has proposed a new mechanism to harmonize stock price bands and pre-open auction prices across exchanges. This aims to address price divergences for stocks listed on multiple platforms, particularly when trading is limited on one exchange. The regulator seeks to improve price discovery and prevent distortions by standardizing how closing prices are used for subsequent trading sessions.

Peddi collected an estimated Rs 3.57 crore net in India on Thursday, driven largely by its Telugu version, which added Rs 2.89 crore.

SpaceX is gearing up for an IPO that has captured the attention of investors far and wide. With retail investments skyrocketing past seventy billion dollars, investors can expect to snag at least twenty percent of the shares.

SpaceX is gearing up for an IPO that has captured the attention of investors far and wide. With retail investments skyrocketing past seventy billion dollars, investors can expect to snag at least twenty percent of the shares.

SpaceX is gearing up for an IPO that has captured the attention of investors far and wide. With retail investments skyrocketing past seventy billion dollars, investors can expect to snag at least twenty percent of the shares.

To help taxpayers catch up on missed filings or report previously unrecorded income, the government introduced the Updated ITR (ITR-U) framework.

U.S. stocks opened higher on Thursday, with investors showing interest in undervalued technology shares. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all saw gains at the opening bell. Market participants are also closely monitoring the ongoing Middle East conflict.

U.S. stocks opened higher on Thursday, with investors showing interest in undervalued technology shares. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all saw gains at the opening bell. Market participants are also closely monitoring the ongoing Middle East conflict.

Increased efficiency, transparency, and customisation are made possible by data, which enables businesses to react more quickly to changing consumer preferences and market conditions.

Industry participants had also sought alignment of compliance deadlines with the end of the financial year.

FundsIndia analysis shows that missing just 15 trading days over 27 years would have cut a ₹2.84 crore corpus to ₹95 lakh. The data highlights how a handful of market sessions have driven a disproportionate share of long-term equity returns.

Initial claims increased by 4,000 to 229,000 in the week ended June 6, according to Labor Department data released Thursday. The median forecast in a Bloomberg survey of economists called for 220,000 applications.

"The Iranian regime will lose the zero-sum game it is playing," Bessent said.

India is set to attend a high-level G7 meeting with the US and Gulf countries as concerns over West Asia stability and sea lanes remain in focus.

Demands regarding higher fitment factor, dearness allowance, pension reforms, etc continue to echo via different representative bodies.

Kotak Securities also pointed to declining Comex open interest and a break below the 200-day moving average as signs of deleveraging and weakening institutional participation in the bullion market.

Investor Arnold Van Den Berg advises caution in overvalued markets. He suggests that if few investment opportunities exist, it is prudent to wait. This approach prioritizes risk management over constant action. Holding cash becomes a strategic position, preserving capital and enabling future investments. Patience and discipline are highlighted as key virtues for long-term success in investing.

Sections 54, 54B, 54EC, and 54F represent the most effective pathways to claim these tax reliefs, tax experts say.

Earlier in the week, US aircrafts "disabled" Indian-flagged vessels M/T Marivex and M/T Settebello on Monday and Tuesday, respectively.

Indian companies are actively raising short-term debt. This surge follows central bank actions that significantly reduced borrowing costs. Non-banking financial firms are leading this trend, with substantial funds being raised through bonds. This development presents an attractive investment opportunity for investors with longer-term horizons. Corporate bond yields have seen a notable decrease, making them appealing.

Kumar stated that the conversation among young engineers is already shifting from concerns about Artificial Intelligence (AI) replacing them to finding ways to collaborate with the technology.

ECBs are commercial loans raised by eligible resident entities from recognised non-resident entities.

Despite weakness in the broader market, seven BSE 500 stocks including Honasa Consumer, Aegis Logistics and Gland Pharma scaled fresh 52-week highs, gaining up to 35% over the past month amid strong investor buying.

Notably, what AI may end up achieving is a narrower gap between the rich and middle economies in two separate ways and become "the great leveller", Bernstein points out.

Spider-Man: Brand New Day is set to release in Indian cinemas on July 30, a day ahead of its international rollout. The film will be available in English, Hindi, Telugu, Tamil, Malayalam and Kannada.

At 50, people often regret financial decisions that hinder their long-term freedom and relationships, according to ChatGPT. 

Anvay Dravid, the son of former India captain and former coach Rahul Dravid, will also be playing in Sri Lanka as a specialist wicketkeeper.

The carrier said the compensation exercise has also covered those injured on the ground during the accident.

Brent crude, the global oil benchmark, was trading lower by 0.67% at $92.48 per barrel in futures trade

Tens of billions of dollars in Iranian oil profits frozen in foreign banks were among the concerns that needed to be thoroughly explored, according to Iranian sources, even though a political consensus had been reached.

Citi Research lowered its Nifty target due to rising earnings risks linked to geopolitical tensions and other macro concerns. However, it remains constructive on India’s medium-term outlook, citing low foreign investor ownership, resilient domestic inflows and potential gains if global conditions improve.

In a volatile trade, the 30-share BSE Sensex declined 150.63 points, or 0.20%, to settle at 73,832.55

Air India also added that 94% of those individuals injured on the ground have either received full and final compensation or interim compensation.

INDIA-MARKETS/RUPEE (UPDATE 1)INDIA RUPEE-Rupee drops on dollar demand from oil cos, nearly erases RBI-led gains

Fund of Funds (FoFs) are a type of mutual fund that does not invest directly in stocks, bonds, or other asset classes. Instead, they invest in other mutual fund schemes or just track an ETF or index fund.

Heavy FII outflows and weak sentiments at the domestic equity markets put further pressure on the local unit, according to forex traders.

A major rail mishap was narrowly avoided near Bhubaneswar’s Jharpada bridge after two trains were found on the same track. Both were safely stopped with no injuries reported, and railway authorities have launched a probe into the signalling lapse.

The central government in a notification issued on Thursday exempted petrol blended with a higher concentration of ethanol from excise duty.

The revised tax form mandates split reporting of derivatives turnover and profits, improving AIS-based data matching and raising compliance pressure on futures and options traders

The GMP for Hexagon Nutrition IPO was as high as Rs 12, projecting gains of nearly 27% for investors.

India had already condemned the June 10 attack in which three Indian nationals lost their lives and had formally conveyed its concerns to the United States.

Despite overnight military strikes and escalating tensions, US-Iran peace talks remain on track as Qatari mediators continue diplomatic efforts in Tehran.

Sectoral performance remained mixed, with pharma and banking stocks leading gains while defence and IT indices declined. Nifty Pharma rose 1.14%, while Nifty Defence fell 1.63%, while Nifty IT and PSU Bank declined around 1%.

An ETMarkets analysis identifies stocks held exclusively by a single mutual fund scheme as of May 2026. While returns remain mixed, select stocks have surged up to 62% in CY26. The study filters 189 stocks down to 28, highlighting concentrated bets by fund houses across market segments.

MT Jalveer is the third vessel with an Indian crew to come under attack near Oman in a matter of days.

A crucial phase begins as the 8th Pay Commission advances consultations and extends submissions, while fitment factor demands gain momentum ahead of recommendations that will affect lakhs of employees and pensioners.

The SpaceX filing lays out a vision that includes a multiplanetary civilisation, lunar factories, asteroid mining, orbital AI infrastructure powered by the Sun.

Anthropic CEO Dario Amodei urges government power to block AI models posing risks, advocating mandatory third-party testing for threats like cybersecurity and biological weapons.

Yet another proxy oddity

Income-Tax Returns: The presumptive taxation scheme simplifies I-T compliance for small businesses, professionals, and freelancers by allowing them to declare income as a fixed percentage of turnover without maintaining detailed books of accounts.

The new leak contradicts earlier speculation that the Vivo X500 would be driven by the yet-to-be-announced MediaTek Dimensity 9600.

SpaceX’s expected entry into the Nasdaq-100 could give Indian investors indirect exposure through Nasdaq-linked mutual funds. Jefferies says recent rule changes may allow faster index inclusion, potentially triggering passive fund buying. India currently has five Nasdaq-100 index schemes, though overseas investment limits have restricted fresh inflows into several global fund offerings.

Indian industrial companies are experiencing significant growth by supplying components for data centers. This trend is driven by massive global investments in AI infrastructure. Firms making transformers, cooling systems, and cables are seeing substantial gains. This industrial capex cycle is a major contemporary investment trend. Foreign investors are increasing their stake in these companies.

If Choudhary earns his international debut, he will become the first India-born man to represent Australia in more than six decades, and only the second overall since Sellers.

While demand remains resilient, and project financing has been better than in previous cycles, continued disruptions to global trade routes, commodity markets, and supply chains has raised risks over the delivery of 5.40 lakh homes in 2026

POP goes a weasel

Market experts shared their insights on fundamentals and technical levels for key stocks.

Sectoral performance remained mixed, with pharma and banking stocks leading gains while defence and IT indices declined. Nifty Pharma rose 1.14%, while Nifty Defence fell 1.63%, while Nifty IT and PSU Bank declined around 1%.

SpaceX is poised for a historic IPO, potentially raising $75 billion and valuing the company at $1.75 trillion. Extraordinary investor demand signals strong interest, with thousands of employees set to become millionaires through stock options, reflecting a broad-based culture of ownership within the company.

A small mistake today can weaken your finances in the future. Avoid common retirement planning mistakes, tackle inflation, diversify investments and build a stronger retirement corpus for long-term financial security. 

Several users who had planned to share the subscription cost with family or friends, citing earlier promotional material or screenshots that appeared to show three-device access, say they have been caught off guard.

Since the start of UEFA Euro 2024, Spain have played 26 matches across all competitions, suffering just one defeat — a loss to Portugal in the 2024-25 Nations League final.

Concerned about their dependency on EMIs for ordinary expenses, a salaried individual seeks an analysis of his financial habits. ChatGPT obliges. 

TCS Chairman N. Chandrasekaran directly addressed shareholder concerns regarding workplace safety, center governance, and expansion risks.

Microsoft President Brad Smith shared a blog post responding to unhappy college students and tried to reassure them about the advance of Generative AI technologies

At IIT Kanpur, he will analyse actionable intelligence from publicly available sources and identify vulnerabilities in websites and applications, helping organisations address and patch potential security flaws.

Asian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dollar weaken regional currencies. Policymakers are increasing oversight of offshore derivatives and tightening trading limits to stabilize currencies like the rupiah, won, rupee, and peso, which have hit record lows.

Porinju Veliyath sees the correction in small and midcap stocks ending. He believes patient investors will find rewards. Thomas Cook India is a recent fund addition. AI-leveraged midcap IT and pharma are identified as compelling themes for the next decade. The market is ready for selective stock picking. Quality businesses are available at attractive valuations.

Sectoral performance remained mixed, with pharma and banking stocks leading gains while defence and IT indices declined. Nifty Pharma rose 1.14%, while Nifty Defence fell 1.63%, while Nifty IT and PSU Bank declined around 1%.

Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolonged higher interest rates. The selloff was compounded by lingering worries about AI-driven disruption and its potential impact on future technology spending and demand from key US clients.

A viral post claims Blinkit surfaced relevant product suggestions even when a user entered gibberish while trying to trick a toddler about chocolates being out of stock, sparking debate on how the app’s search algorithm interprets unclear inputs.

Dearness Allowance: Assam, Arunachal Pradesh, Bihar, Odisha, Tamil Nadu, Uttar Pradesh — Check the full list of states that have announced DA hikes and states such as West Bengal and Himachal Pradesh, that are considering pay increases for employees.

New Delhi calls for ‘de-escalation’ in Gulf but appears to have little appetite for diplomatic confrontation with Washington

Prime Securities has launched the Prime Litmus Real Estate Opportunities Fund, a Category II AIF targeting Rs 750 crore with a Rs 250 crore green shoe option. The fund will focus on structured credit investments in under-construction real estate projects across key Indian metropolitan regions, aiming for 18-20% IRRs over six years.

Through a partnership with Infosys, IHH seeks to standardise business processes across all its markets starting with Hong Kong, Malaysia, and Singapore.

For the 2026 FIFA World Cup, Doordarshan Sports will be broadcasting the opening match of the World Cup (which is Mexico v South Africa), the four Quarter Final matches, the two Semi Finals and the Final.

Chinese consumers have shifted from gasoline-powered cars to electric vehicles and from short-haul flights to high-speed rail.

The Rule of 114 helps estimate when your money could triple through compounding, while other popular personal finance rules can support smarter investing, budgeting and long-term financial planning.

Patience and letting the portfolio be may look like inaction. But that may be the best action for the health of one’s wealth

MTAR Technologies shares fell sharply after its key client, Bloom Energy, saw its stock tumble in the US market following the suspension of a major data centre project. The facility was expected to be powered by 900 MW of Bloom Energy fuel cells alongside grid electricity. The selloff in MTAR comes despite the stock rallying more than 280% over the past year.

Wipro has planned to buy back around 60 crore shares at Rs 250 per share from eligible shareholders.In the last five trading sessions, Wipro stock fell more than 9%, while it has dropped over 30% in six months.

Wipro has planned to buy back around 60 crore shares at Rs 250 per share from eligible shareholders.In the last five trading sessions, Wipro stock fell more than 9%, while it has dropped over 30% in six months.

Oracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans and rising debt concerns. The company’s massive capital raise and infrastructure push raised fears of over-leverage, even as strong revenue growth and bullish guidance highlighted its expanding role in AI cloud infrastructure.

Sectoral indices traded mostly lower, with broad-based weakness across IT, auto and realty stocks. Nifty IT fell 2.42%, the biggest drag.

Zomato has denied circulating a viral “Rs 370 biryani” notification linked to the Pranit More controversy, calling it fake. The debate stems from a stand-up clip that sparked backlash over comments misrepresenting consent and dating entitlement.

As rising temperatures drive electricity demand across India, Macquarie sees the power sector entering a broad regulatory and operational reset. The brokerage initiated coverage on JSW Energy with an ‘Outperform’ rating and a Rs 720 target, while assigning ‘Neutral’ ratings to Adani Power and Adani Energy Solutions. NTPC emerged as its top sector pick, with a revised target price of Rs 480.

Pranav Gundlapalle, Senior Research Analyst at Bernstein, highlighted that while Indian banks have borne the brunt of the latest foreign capital outflows, they are now uniquely positioned to be the biggest winners of the next wave of FII inflows.

TCS has partnered with Anthropic to integrate Claude AI models for enterprise adoption, focusing on regulated industries requiring accuracy and governance.

Students need to enter TS hall ticket number to check result.

The decline comes even as analysts see a compelling structural case for the precision engineering company over a multi-year horizon.

Following the incident, a murder case has been registered, and multiple police teams have been deployed to identify and apprehend the suspects.

Honasa Consumer is back in focus after ICICI Securities reiterated a constructive stance on the stock, highlighting improving growth visibility, sharpening execution, and a stronger path to profitability.

If two index funds hold the same top stocks, SEBI may not let the same AMC offer both.

SpaceX is preparing for a massive IPO. The rocket and satellite company plans to raise $75 billion at a $1.75 trillion valuation. Shares are expected to begin trading on Nasdaq on June 12. Investor demand is reportedly very high. Indian investors may need to use international platforms to buy shares after listing.

The government has initiated consultations with banks and other stakeholders to examine ways to unlock gold available within the domestic ecosystem, sources say.

Srishti Kiran’s performance helped her climb to a career-high ITF junior ranking of no. 357, making her the highest-ranked Under-13 player in the world.

The statement came after India on Wednesday condemned the attack on the Palau-flagged tanker Settebello, which was targeted by US forces for allegedly attempting to evade an American blockade of Iranian ports.

Global markets are on a knife edge, facing a potential AI boom or oil shocks from the U.S.-Iran conflict. Investors are navigating volatile conditions, with correlations between tech, interest rates, and oil creating uncertainty. The outlook hinges on the Strait of Hormuz reopening, with stagflation risks looming if oil prices remain elevated.

Travel insurance covers far more than medical emergencies, but claim success often hinges on disclosures, documentation and meeting strict policy conditions.

The Nifty is at a crucial technical point. It faces resistance at 23,516 and support at 23,100. A breakout above resistance will confirm the uptrend. Broader markets are showing strength. Two stocks, Pidilite Industries and Aditya Birla Sun Life AMC, are recommended for trading opportunities based on their technical charts.

According to the weather agency, a western disturbance and multiple cyclonic circulations are expected to trigger widespread rainfall activity across northwest, east, northeast and southern India.

OpenAI did not disclose the size ⁠or terms of the offering, and said a timeline has not yet been determined

CMR Green Technologies shares rose over 4% on Thursday, trading at Rs 243.71 with an intraday high of Rs 251, outperforming the NSE Nifty 50 Index.

Unabated foreign fund outflows and a spike in U.S. inflation also dented markets’ sentiment, according to market analysts

Under pressure from its parent company to boost margins, Xbox has spent the past two years shuttering studios, canceling games and raising prices.

Zee Entertainment Shares Jump 4% As Board Approves Rs 2,300-Crore Fundraising Plan

Heavy FII outflows, weak domestic equity market and a marginally stronger greenback further weighed on the local unit

Frozen bank account access can disrupt daily finances. Understand common reasons, required documents, timelines, and practical steps to unfreeze a bank account quickly and avoid future account restrictions.

Indian pharma stocks are outperforming the market, offering strong returns to investors. This resilience is driven by robust domestic demand and positive global healthcare trends. Analysts see long-term growth potential from aging populations and innovation. Emerging opportunities from supply chain diversification away from China also present a positive outlook for Indian pharmaceutical companies.

Lee was known for a severe leadership style and would sometimes ridicule Wall Street analysts for questions he perceived as frivolous.

In an X post, CEO Nejatian said the company had started saying "goodbye" to its colleagues in India as part of the process.

Honasa Consumer shares surged after the company outlined a revenue target of ₹5,500 crore by FY31. The guidance implies an annual growth rate of around 18% between FY26 and FY31. Growth is expected to be led by Mamaearth, with revenue projected to exceed ₹2,000 crore, while The Derma Co is expected to contribute nearly ₹1,500 crore by FY31.

As on March 2025, 1,457 UCBs existed with assets of Rs 7.38 lakh crore, and total deposits of Rs 5.84 lakh crore.

MCX gold July futures contract dipped 0.76% to Rs 1,45,282 per 10 grams, while the MCX silver July futures dropped 0.86% to Rs 2,33,490 per kg.

The latest US strikes injected more volatility into global financial markets and pushed up oil prices.

Daily liquidity meets SpaceX FOMO, and daily liquidity blinks first

Sectoral indices traded mostly lower, with broad-based weakness across IT, auto and realty stocks. Nifty IT fell 2.42%, the biggest drag.

OpenAI did not disclose the size ⁠or terms of the offering, and said a timeline has not yet been determined

Gold and silver prices opened lower on MCX Thursday. Fresh Middle East tensions and rising oil prices impacted sentiment. US attacks on Iran contributed to the decline. MCX silver futures for July 2026 delivery fell significantly. Gold futures for August 2026 delivery also slipped. Soaring inflation amid the West Asia crisis is another concern.

Shares of Oil India Ltd. rose over 2% on Thursday following a sharp intraday fall of over 10% on Wednesday.

Srishti Kiran’s performance helped her climb to a career-high ITF junior ranking of no. 357, making her the highest-ranked Under-13 player in the world.

Pimco, which manages $2.3 trillion in assets, said the AI buildout could widen the range of economic outcomes over the next five years while leaving weaker and more heavily leveraged borrowers exposed.

The Nifty IT index has now fallen more than 5% in trade this week, with HSBC, in its latest note, pointing to a cautious sentiment in the sector.

The video, taken from street level with trees and lamp posts visible in the foreground, show the weapon fragmenting into what appears to be a cluster of independently travelling warheads before impact.

The rally in these stocks came after government announced a nil rate of central excise duty, special additional excise duty, Road and Infrastructure Cess, and Agriculture Infrastructure and Development Cess on petrol blended with 22%, 25%, 27%, and 30% ethanol.

On the NSE, shares of IOCL last traded 1.14% lower at Rs 135.32, BPCL traded 1.70% lower at Rs 283.70, and HPCL shares were last down 2.27% at Rs 365.80 apiece on the index.

Mumbai Metro Line 3’s underground Aqua Line now has mobile network coverage, enabling seamless connectivity for Airtel and Vodafone Idea users. The rollout will expand to all operators, improving calls, internet access, and commuter convenience.

Candidates can login using registration number and password to access JIPMAT response sheet and answer key challenge facility.

Indian stock markets experienced a downturn on Thursday, with Sensex and Nifty both declining by 0.6%. Renewed Middle East tensions and the closure of the Strait of Hormuz led to a spike in oil prices, unsettling investors. Major indices and broader markets saw losses, with IT and Auto sectors leading the decline.

Indian stock markets faced sharp movements on Thursday, closing lower. The Sensex and Nifty declined as rising Iran-US conflict spooked investors. Broader markets also saw losses, with IT and other sectoral indices leading the downturn. Oil prices initially surged but later erased gains. The rupee weakened against the US dollar. Geopolitical tensions are expected to continue impacting markets.

The selloff mirrors overnight weakness across global technology indices, with the Nasdaq Composite notably falling almost 2% on Wednesday.

City Union Bank Bonus Issue: June 11 is the last day for investors to buy shares of City Union Bank to qualify for its 1:3 bonus issue, as the record date has been fixed for June 12. Under SEBI’s T+1 settlement cycle, shares purchased today will be credited to investors’ demat accounts by the record date, making them eligible to receive one bonus share for every three shares held.

According to the brokerage Privi Speciality is well-positioned for sustainable growth, supported by its relatively low crude-linked exposure, which provides resilience against ongoing energy market volatility and supports margin stability.

More than 30 companies, including five Adani Group firms and four Tata Group companies, have fixed June 12 as the record date for dividend payouts totaling nearly ₹300 per share. Investors looking to qualify for these dividends must buy the shares by June 11.

Mumbai and Thane may experience light rain or thundershowers on Thursday amid hot and humid conditions, with temperatures reaching up to 37C during the day.

The official annual onset of monsoon date over Mumbai is June 11, however, there are no signs of arrival until next week.

Shares of Lenskart Solutions are set to be in focus as Abu Dhabi Investment Authority plans a block deal to sell up to 2.3% stake worth Rs 1,944 crore, shortly after SoftBank’s partial exit, signalling continued stake dilution by early investors despite strong revenue growth in the company context remaining the same.

South Korea’s KOSPI has plunged 9% in two sessions after a strong 2026 rally, as AI-driven semiconductor stocks face profit booking. Rising U.S. inflation, geopolitical tensions in West Asia and leveraged ETF volatility have intensified the sell-off, raising concerns that the AI-led rally may have outpaced fundamentals.

After successfully reviving Sensex derivatives, BSE CEO Sundararaman Ramamurthy is now focused on shifting traders from weekly options to longer-dated contracts. Over the next three years, the exchange aims to boost participation in monthly and farther-expiry options, which it believes provide better hedging and help reduce market volatility during global shocks.

Trump warned Iran that bombing would pause based on a request from Iranian leaders but would resume the following day if Tehran failed to sign a deal.

In other words, petrol blended with ethanol, at 22%, 25%, 27% and 30% would be exempt from central excise duties

Vahh Chemicals Listing: The ₹13.45-crore IPO was a completely fresh issue of 22.42 lakh shares and attracted strong investor interest, with the offer subscribed 11.08 times overall, led by robust participation from retail investors.

Vahh Chemicals Listing: Vahh Chemicals debuted on the BSE SME platform with a nearly 17% premium, listing at Rs 70 against its IPO price of Rs 60. The Rs 13.45 crore IPO, fully subscribed 11.08 times, was driven by strong retail investor demand. The company manufactures textile auxiliary chemicals and also has a presence in the nutraceutical segment.

Oil prices jumped as much as 2% on Thursday (June 11, 2026), extending similar gains the day before

On June 10, three stocks in the Nifty500 appeared on the White Marubozu bullish scanner based on StockEdge technical scan data. The pattern signals strong buying momentum, where buyers dominated the entire session from open to close, indicating sustained bullish sentiment and potential continuation of upward movement in the near term.

On June 10, four Nifty500 stocks were highlighted in the RSI Trending Up scan based on StockEdge.com data. The signal is generated when RSI crosses above 50 from lower levels, indicating strengthening momentum. Rising RSI values suggest improving price strength and potential bullish continuation, which may help traders identify possible buying opportunities.

Equity funds invest primarily in the stock market, while hybrid funds blend equity (stocks) with debt (bonds and fixed-income securities).

Candidates who cleared the NEET MDS results 2026 can download their scorecards by visiting the official website. Direct link to access scorecard is provided here.

Calling the project a "game changer", Airbus Defence said the C295 programme was the first instance of a military aircraft being manufactured in India by the private sector.

UHM Vacation Listing: The company raised ₹36.02 crore through its IPO, comprising a fresh issue of ₹29.04 crore and an offer-for-sale worth ₹6.97 crore. The public issue was open for subscription from June 4 to June 8.

So far, prices have increased by Rs 7.5-8 since the start of the US-Iran war as global oil prices have soared due to ongoing conflict in the Middle East that has impacted oil marketing companies significantly.

Susan Electricals IPO: The ₹70.38-crore IPO of Susan Electricals India opens for subscription on June 11 and closes on June 15. The issue comprises a fresh issue of 47.42 lakh shares worth ₹60.22 crore and an OFS of 8 lakh shares worth ₹10.16 crore.

Gold, Silver Rate Today: Here is how much gold and silver costs in key Indian cities on Thursday, 11 June 2026. Check the price of 18K, 22K and 24K gold and 999 Fine silver in Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, and Mumbai.

Iran launched missiles and drones at US-linked military sites in Bahrain and Kuwait, in response to American strikes on Iranian territory.

The first FIFA World Cup 2026 opening ceremony will take place on Thursday at Mexico City Stadium. For viewers in India, the ceremony will begin at 11 p.m. IST.

Top picks include Grasim Industries, Aurobindo Pharma, Aditya Birla Sun Life AMC, public sector lender Bank of Maharashtra, and BHEL.

Going forward, a close below the 23,000-23,100 support zone could trigger further weakness and open the way for a move towards 22,700.

Iranian media reported that explosions were heard in Bandar Abbas, Sirik and Minab in the south of the country.

Asian markets steadied after an initial sell-off triggered by concerns that renewed hostilities in the Middle East could disrupt energy supplies and weigh on global economic growth.

SBI continues to offer an attractive investment opportunity, backed by compelling valuations and strong earnings visibility, according to Axis Securities.

 A corporate employee working remotely relocated to Manali and shared his living costs. His experience sparked discussions online about the affordability of ‘dream life’ in the mountains over metro cities like Delhi.

Small investments can deliver big results. A ₹2,000 monthly SIP earning 12% annually can grow to nearly ₹38 lakh in 25 years through compounding. 

Trump had previously told US media that Iranian officials had asked him "to stop bombing" and that the attacks launched in recent hours could soon be over, "but he reserves the right to strike again,".

In a bold initiative, the Securities and Exchange Board of India (Sebi) is looking to overhaul the reporting standards for executive compensation within asset management companies (AMCs). Rather than peering into the earnings of individual executives, the new proposal would shift focus to total remuneration for specific roles.

The record date determines the eligible shareholders who will receive the dividend payment.

Pacific Investment Management Co. warns the credit loss cycle is imminent, driven by heavy AI spending that could widen economic disparities and impact lower-quality borrowers. The firm anticipates a resurgence in defaults and significantly higher losses in leveraged and private direct lending, citing borrower strategies like maturity extensions and payment-in-kind structures.

Oil Prices On June 11: Brent crude futures last traded 0.3% lower at $94 after settling at $93.10 per barrel, up $1.65 or 1.8%. US crude futures finished at $90.03 a barrel, up $1.83, or 2%.

A monthly salary of Rs 1 lakh can pave the way to a Rs 5 crore corpus by consistently investing 30-40% of income in mutual fund SIPs for over 25 years.

Most people tend to store their additional funds in these accounts, which offer modest rates compared to other products such as fixed deposits.

US crude settled around $90 as President Donald Trump vowed to strike Iran again and scolded the country for delaying talks on an interim peace deal, following overnight attacks that put further strain on a fragile truce.

IRGC claimed, "two oil tankers attempting to illegally pass through the strait were hit".

The exchange came as Iranian state and semi-official media reported a dramatic escalation, with Tehran ordering the complete shutdown of the Strait of Hormuz.

Oil prices jumped significantly on Thursday. Iran announced the closure of the Strait of Hormuz, a vital shipping route. This action followed new U.S. strikes against Iran. The U.S. military stated that commercial ships are still using the strait. U.S. crude inventories also saw a substantial decrease. These events are impacting global oil supplies.

Oil prices surged over $2 a barrel after Iran announced the closure of the Strait of Hormuz, a critical shipping route, following U.S. strikes. Iran warned of attacks on any vessels attempting passage, though the U.S. military stated commercial shipping continued unimpeded. The closure threatens to disrupt global oil flows, potentially sending prices significantly higher.

Indian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zinc, and Tata Consumer are in focus. ADIA plans to sell Lenskart shares. Tata Consumer targets over 20% EBITDA margin. Reliance Industries subsidiary will redevelop a Mumbai slum. REC Ltd will merge with Power Finance Corporation. ZEEL plans to raise funds.

Nifty closed flat on Wednesday as easing crude prices boosted domestic consumption stocks and defensive sectors. Investor sentiment is stabilizing, with hopes for a resolution to the Israel-Iran conflict improving confidence. However, Gift Nifty signals a negative start, and oil prices climbed amid escalating tensions in the Strait of Hormuz.

US forces launched fresh strikes on Iran, escalating geopolitical risks and sending oil prices up over 2%. This development, coupled with a renewed selloff in tech stocks, rattled Asian equities and Wall Street futures. Investors remain cautious, anticipating potential inflationary pressures and higher interest rates despite a softer US inflation report.

A family gift may be tax-neutral, but it is not compliance-neutral. Proper documentation, LRS compliance and timely US reporting can prevent a genuine family gift from becoming a compliance issue.

All the matches will be telecasted on Unite8 Sports 1, Unite8 Sports 1 HD and Unite8 Sports 2, Unite8 Sports 2 HD. Fans in India can watch the FIFA World Cup 2026 live streaming on the Zee5 app and website in India.

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Shares of Canara Bank will also be in focus after it said that it will raise its 1-month and 3-month MCLR by 5 basis points effective June 12.

The death of London’s infamous interest rate benchmark has left a hole

An official press release said these companies will generate a projected turnover of ₹15,561.34 crore in notified products, and create 36,217 employment opportunities across the textile value chain.

The proposal comes even as SEBI Chairperson Tuhin Kanta Pandey has been a constant and vocal advocate of improved disclosure and transparency. 

Major US stock markets experienced a significant drop on Wednesday. Chipmaker stocks continued their decline, while new tensions between the US and Iran added to investor worries. The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all saw substantial losses. Investors are also considering potential interest rate hikes and taking profits in the tech sector.

Transferring your EPF balance when switching jobs is essential for maintaining tax benefits and continuity of service. Unlinked accounts can complicate withdrawals and lead to taxes. 

Tehran vowed to respond after the US launched airstrikes on Iran following an Army helicopter crash near the Strait of Hormuz.

India’s net FDI has declined sharply despite strong gross inflows, underlining the impact of disinvestment/capital repatriation; an understanding of these trends requires looking beyond aggregate inflow, outflow figures; investor classes, modes of entry, and exit strategies can have important implications for technology transfer, industrial development, and external sustainability

The floor price for the transaction has reportedly been set at Rs 486 per share, marking a discount of 2.8% as against the current market price.

Technical indicators suggest that while broader trends remain intact, near-term momentum has weakened after US President Donald Trump signalled further military action against Iran.

Kremlin spokesman Dmitry Peskov said on Wednesday that Russia hoped Modi would continue to contribute to the development of bilateral ties.

Inflows into equity mutual funds had already moderated ever since the beginning of the calendar year

Abu Dhabi Investment Authority (ADIA) is set to divest up to 2.3% of its stake in eyewear retailer Lenskart for approximately Rs 1,944 crore. This follows a significant stake sale by SoftBank, with the deal structured as a block deal at a slight discount to the current market price.

Trump said that throughout the battle with Iran, the United States has been removing "millions of barrels" of oil from circulation every night.

Fintech firms PhonePe and CRED are testing credit card rent payments with select users, potentially relaunching the feature next month after regulatory concerns halted it last year. What are they and how they differ from wallet loading?

US President Donald Trump claimed that both sides had come close to reaching an agreement, but accused Iran of dragging out the process.

The ED opposed the plea through Special Counsel Zoheb Hossain, who argued against granting bail in the matter.