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Market Wrap: D-Street slides as Middle East concerns simmer; Sensex down 139 pts, Nifty below 24,850

Indian benchmark indices ended in the red on Wednesday, weighed down by losses in IT and financial stocks, while escalating tensions in the Middle East drove up oil prices and kept investor sentiment subdued.

The Economic Times 18 Jun 2025 3:39 pm

Commodity Radar: MCX crude oil futures cross 200-DMA amid Israel-Iran tension. Can it breach this crucial resistance zone?

Crude oil prices are on an upswing amid escalating Israel-Iran tensions, tight inventories, and declining rig counts. Naveen Mathur of Anand Rathi says prices could stay elevated unless tensions ease. With key resistance at Rs 6,300 and global volatility, oil remains bullish despite intermittent profit booking.

The Economic Times 18 Jun 2025 3:38 pm

From stock tips to astro tips! Sanjiv Bhasin turned astrologer before Sebi ban

Sanjiv Bhasin, once a prominent stock market voice, turned to astrology on social media just months before SEBI barred him in a stock manipulation case. The regulator has accused Bhasin of front-running trades and misleading investors, ordering disgorgement of Rs 11.37 crore in alleged gains.

The Economic Times 18 Jun 2025 3:28 pm

Volume Shocker: MFs add over 1 crore shares to 11 stocks in May '25

In today's mutual fund analysis, ETMarkets highlighted the stocks that saw the highest share increases from mutual funds in May 2025, compared to April 2025. A total of 37 stocks saw an addition of over 1 crore shares during the month. To narrow down the list, we filtered for stocks that have witnessed gains over 10% since the beginning of May 2025, which led to a refined selection of 11 standout stocks.

The Economic Times 18 Jun 2025 3:19 pm

Online games and self-publishing platforms: movie producers tap new avenues for fresh plotlines

Producers are exploring new storytelling avenues as traditional formats struggle. Partnerships between Roy Kapur Films and Pratilipi, and Banijay Asia with Nazara's NODWIN Gaming aim to adapt proven digital properties into films and shows that can appeal to a wide audience.

Livemint 18 Jun 2025 3:12 pm

From thrill to trust: How Gen-Z is redefining crypto investing in India

Indian Gen-Z and millennial investors are shifting from quick crypto profits to long-term wealth building, allocating 3-5% of their portfolios to digital assets like Bitcoin. Mudrex CEO Edul Patel notes a move towards systematic investment plans (SIPs) and a 'buy and hold' strategy, driven by better education and understanding of market dynamics.

The Economic Times 18 Jun 2025 2:48 pm

Hotel stocks lose steam, fall up to 14% in 2025. Time to check out?

Despite strong Q4 earnings for many, geopolitical tensions and the Air India tragedy have negatively impacted tourism sector sentiment in 2025. Hotel stocks have faced declines, though Valor Estate has been a notable exception with significant revenue growth. Experts remain positive on the long-term prospects of the Indian tourism industry, citing growing disposable incomes and the return of corporate travel.

The Economic Times 18 Jun 2025 2:44 pm

Vedanta sells 1.6% stake in Hindustan Zinc for Rs 3,028 crore to boost balance sheet

The sale of 66.7 million Hindustan Zinc shares forms part of Vedantas larger plan to reduce debt and enhance financial agility, as the company moves forward with its demerger into separate, sector-specific entities.

The Economic Times 18 Jun 2025 2:41 pm

Short-term market weakness likely; defensive sectors poised to outperform: Rohit Srivastava

Rohit Srivastava suggests the recent market rally from early April might be ending, entering a corrective phase influenced by geopolitics and the upcoming FOMC meeting. While domestic liquidity is positive, Nifty's struggle to surpass 24,980, especially closing below 24,840, could lead to a fall towards 24,200.

The Economic Times 18 Jun 2025 2:26 pm

Influx Healthtech IPO subscribed 1.7 times on Day 1; GMP points to strong listing pop

Influx Healthtech IPO: In the unlisted market, Influx Healthtechs grey market premium (GMP) was Rs 42 at 11:54 AM on Wednesday, suggesting a potential listing price of Rs 138 a 43.75% premium over the issues upper price band of Rs 96 per share.

The Economic Times 18 Jun 2025 2:23 pm

Bitcoin holds above $105K amid Middle East tensions, Fed cues awaited

As of 12:11 pm IST, Bitcoin fell 1.63% to $105,215, while Ethereum dropped 2% to $2,529. The global crypto market cap declined 1.7% to $3.27 trillion, according to CoinMarketCap.

The Economic Times 18 Jun 2025 2:18 pm

Financial resilience: Why emergency funds are more crucial than ever

Financial resilience is not about withstanding what may go wrong, it is about creating a foundation that allows people to move forward. In that foundation, insurance is not a backup planit is the starting point.

Livemint 18 Jun 2025 2:17 pm

Bitcoin or Gold: Whats the real safe haven during global crises?

As geopolitical tensions between Iran and Israel flare up, investors are turning to traditional safe-haven assets to shield their portfolios. At the centre of this flight to safety are two competing assets: gold, the age-old hedge, and Bitcoin, often dubbed digital gold.

The Economic Times 18 Jun 2025 2:14 pm

How to calculate tax if capital gains are your sole income in FY25

The benefit of 1.25 lakh exemption and the basic exemption limit are available, but slab rates are not applicable, and rebates are also not available.

Livemint 18 Jun 2025 2:14 pm

Surge in crude prices poses risk to Indias current account deficit: Report

Every $10 per barrel increase in oil prices can worsen the annual CAD by nearly $15 billion, notes a report by Union Bank of India

The Hindu Businessline 18 Jun 2025 1:58 pm

ArisInfra Solutions IPO subscription at 5% so far on day 1. Check GMP & other details

ArisInfra Solutions has made a splash with the launch of its IPO, achieving a quick 5% subscription within the opening hour. Interest from retail investors is robust, securing 23% of the designated shares. The IPO is set to raise Rs 500 crore, aimed at enhancing working capital resources.

The Economic Times 18 Jun 2025 1:44 pm

No near-term rally expected as weak earnings, global uncertainty weigh on sentiment: Dinshaw Irani

Helios Mutual Fund's CEO, Dinshaw Irani, projects a steady market landscape ahead. He cites underlying economic weaknesses and global tensions as key factors influencing this prediction. However, there is a silver lining with liquidity flows providing stability. Anticipated interventions from the RBI could yield favorable outcomes in the near future.

The Economic Times 18 Jun 2025 1:42 pm

Sensex, Nifty 50 in red amid rising geopolitical tensions; IndusInd lead gainers, Adani Group stocks decline, Hindustan Zinc tumbles

IndusInd Bank, Trent, Maruti, Mahindra & Mahindra and Eicher Motors led the gainers of Nifty 50, while Adani Ports, Nestle India, Adani Enterprises, TCS and Hindustan Unilever traded as major laggards.

The Hindu Businessline 18 Jun 2025 1:39 pm

Should senior citizens take personal loans? Interest rates, eligibility and more

Personal loans can help seniors with various financial needs, but they should be a last resort. Alternatives like loans against FDs or gold are advisable. Seniors must assess repayment capacity and consider co-borrowers. Careful planning and understanding terms are essential before borrowing.

Livemint 18 Jun 2025 1:36 pm

Vedanta declares Rs 7 per share interim dividend

Vedanta Ltd announced a first interim dividend of Rs 7 per equity share for the fiscal year 2025-26, totaling approximately Rs 2,737 crore. The decision was made during a board of directors meeting on Wednesday, according to an exchange filing. The record date for dividend eligibility is set for Tuesday, June 24, 2025.

The Economic Times 18 Jun 2025 1:23 pm

European shares steady ahead of Fed decision; Middle East in focus

European shares remained steady as investors awaited the U.S. Federal Reserve's monetary policy decision amid ongoing Middle East tensions. Market participants are closely monitoring the Fed's comments for insights into navigating the uncertain trade environment, influenced by U.S. tariff policies. Airbus saw gains after raising its dividend payout target, while British inflation eased as anticipated.

The Economic Times 18 Jun 2025 1:23 pm

Markets slip into red as early gains fade amid global uncertainty

Sensex declined 242.73 points to 81,340.57 and the Nifty fell 60.35 points to 24,793.05

The Hindu Businessline 18 Jun 2025 1:13 pm

What are pre-approved personal loans? Benefits, rates, and how they work

A pre-approved personal loan is an offer from lenders based on an individual's financial profile and credit rating, simplifying the borrowing process. Offers are communicated via email, SMS, or banking apps. It's essential to evaluate offers carefully before borrowing to ensure financial discipline.

Livemint 18 Jun 2025 1:07 pm

Nikkei hits four-month high on weaker yen, defying geopolitical risks

Japan's Nikkei index reached a four-month high, fueled by a weaker yen, despite escalating tensions between Israel and Iran. Investor sentiment remained positive due to shareholder-friendly reforms and a preference for unhedged equity exposures. Market participants are closely monitoring Middle East developments and potential U.S. military involvement, impacting trading decisions.

The Economic Times 18 Jun 2025 12:59 pm

US dollar may stay strong vs EM currencies, but rupees worst could be over

The Rupees overvaluation, as indicated by a record-high REER in November 2024, has been largely corrected, with the current REER estimated near 98.5. This deliberate weakening, aided by RBI's strategic moves, aligns with broader monetary easing. While near-term risks from crude prices and geopolitical tensions persist, the Rupee is expected to stabilise and track the Yuan more closely ahead.

The Economic Times 18 Jun 2025 12:57 pm

Small caps register 5-fold growth in m-cap in last 7 years: Bajaj Finserv AMC

As of April 2025, most small caps continue to trade below their 52-week highs, making the segment appealing from a valuation standpoint

The Hindu Businessline 18 Jun 2025 12:56 pm

Can crude oil prices really double? Lets look at the worst-case scenario

Amid escalating Israel-Iran tensions, oil markets are on edge, with Brent crude hovering near $73 a barrel. Concerns rise over potential disruptions to Strait of Hormuz, a vital oil route. While a doomsday scenario of $150 per barrel is unlikely, analysts warn of potential spikes to $120, impacting global inflation and India's economy.

The Economic Times 18 Jun 2025 12:48 pm

Swiggy shares may rally 50%, says IIFL as it initiates coverage with buy call

Swiggy shares: Swiggy, Indias second-largest foodtech player, is projected to achieve a 28% compound annual revenue growth between FY25 and FY28, and reach Ebitda profitability by FY27. According to IIFL, margins are expected to improve across both food delivery and quick commerce (QC), with QC anticipated to grow over four times by FY28.

The Economic Times 18 Jun 2025 12:43 pm

Sebi board meeting today. 5 key proposals on the agenda

The Securities and Exchange Board of India will convene a meeting. They will discuss employee stock options for startup founders post-IPO. The board will consider voluntary delisting of Public Sector Undertakings. Relaxed compliance for Foreign Portfolio Investors in government bonds is on the agenda. Rationalising Qualified Institutions Placement disclosure norms will also be discussed.

The Economic Times 18 Jun 2025 12:31 pm

BSE vs NSE expiry day war is over. But for investors, the battle lines just shifted

BSE, meanwhile, is left with a narrower windowonly Wednesday and Thursdayto draw significant volumes after NSE's expiry. While it may seem technical, timing is crucial in the fiercely competitive weekly options market.

The Economic Times 18 Jun 2025 12:26 pm

Hindustan Zinc shares slump 6% following block deal

Shares traded 5.96 per cent lower on the BSE at 457.40 as at 11.54 am, hitting an intraday low of 455.35

The Hindu Businessline 18 Jun 2025 12:10 pm

Silver prices at Rs 2 lakh? Rich Dad Poor Dad author Robert Kiyosaki's wild bet has everyone talking

Robert Kiyosaki's bullish silver prediction sparks debate as Indian analysts foresee a steady climb, driven by industrial demand and geopolitical tensions. Experts project MCX silver reaching Rs 1,10,000-Rs 1,23,000 per kg in 2025, with potential for Rs 1,50,000-Rs 1,70,000 in 3-5 years. A structural bull run is anticipated due to ongoing market deficits.

The Economic Times 18 Jun 2025 12:07 pm

These 4 F&O stocks saw a high increase in futures open interest

On June 17, the NSE F&O pack experienced a significant rise in futures open interest across four stocks. Kaynes Technology India led with a 37.29% increase, followed by Piramal Pharma, Biocon, and Hindustan Zinc. This surge indicates a substantial growth in active futures contracts, reflecting increased market participation and position expansion.

The Economic Times 18 Jun 2025 12:07 pm

UK Economy Faces Double Blow from Tariffs and Tax Hikes

The Confederation of British Industry (CBI) has significantly lowered its UK economic growth forecasts for 2025 and 2026, citing rising labor costs, newly imposed U.S. tariffs, and geopolitical uncertainty. While household spending is expected to drive growth in 2026, the Bank of England anticipates tariffs will reduce economic output. The CBI remains optimistic about long-term potential despite short-term challenges.

The Economic Times 18 Jun 2025 11:50 am

PE firm True North exits Zydus Wellness; sells 7.27% stake for 879 crore

The shares were sold at an average price of 1,900 apiece, taking the transaction value to 879.15 crore

The Hindu Businessline 18 Jun 2025 11:43 am

Keep it, dont swipe it: How unused credit cards can boost your credit score

Keeping unused credit cards active can improve credit scores by reducing credit utilisation, maintaining credit history, and offering hidden benefits. This can help you achieve better financial health and loan eligibility.

Livemint 18 Jun 2025 11:36 am

Traders must rethink strategy amid expiry overhaul: Feroze Azeez

Feroze Azeez from Anand Rathi Wealth suggests the NSE's shift to Tuesday expiry and BSE's Thursday expiry will significantly impact derivative traders. BSE stands to gain market share due to Thursday's proximity to the weekend, making it attractive for hedging. While NSE might see unchanged volumes, BSE's volumes, especially on Fridays, are expected to increase.

The Economic Times 18 Jun 2025 11:31 am

DLF shares rise 2% as luxury home project fetches Rs 11,000 crore in a week

DLF shares rose 1.8% after the company announced it had sold luxury homes worth Rs 11,000 crore in Gurugram within a week of launch. The project, DLF Privana North, includes 1,164 high-end units and is part of a 116-acre township in Sectors 76 and 77. This marks a strong demand for premium housing and reaffirms DLFs market leadership.

The Economic Times 18 Jun 2025 11:30 am

Motilal Oswal downgrades BSE to 'Neutral', cuts target price to Rs 2,300 on expiry shift impact

Motilal Oswal has downgraded BSE to Neutral and cut its target price to Rs 2,300, citing potential market share loss after the exchange shifts its weekly Sensex derivatives expiry from Tuesday to Thursday, effective September 1, 2025. The brokerage expects the move to dent BSEs premium turnover share, which stood at 22.6% in May 2025.

The Economic Times 18 Jun 2025 11:13 am

Crude price surge to impact paint, aviation sectors; dont rush into pharma now: Sunil Subramaniam

Crude oil's surge to $74 is impacting India's economy, raising concerns about inflation and industry costs. Geopolitical risks, particularly involving Iran and Israel, fuel market volatility, causing FIIs to be cautious. Domestic fund managers see opportunities in market dips, while uncertainty looms over the pharma sector due to potential US tariffs.

The Economic Times 18 Jun 2025 11:09 am

Hindustan Zinc shares slide 15% in 6 days. Should you buy the dip?

Hindustan Zinc shares: The selloff coincides with the company's rollout of a multi-year expansion strategy, leading to a split among Dalal Street brokerages on whether the ongoing correction presents a buying opportunity or warrants a more cautious approach.

The Economic Times 18 Jun 2025 11:06 am

Stock market update: Power stocks up as market rises

The 30-share BSE Sensex was up 16.1 points at 81599.4

The Economic Times 18 Jun 2025 10:45 am

Sensex rises! These stocks are up over 5% on BSE

The BSE Sensex was trading 8.04 up at 81591.34 on Wednesday.

The Economic Times 18 Jun 2025 10:40 am

Cross-selling in personal loans: What it means and why it matters for borrowers

Cross-selling in personal loans involves offering extra financial products such as credit cards or insurance, often increasing costs. Borrowers must stay alert, read fine print, and avoid unnecessary add-ons.

Livemint 18 Jun 2025 10:39 am

The Trumps Promote a New Crypto Venture: Bitcoin Mining

Eric Trump is partnering with Hut 8 to launch American Bitcoin, a bitcoin mining company, leveraging his father's administration's energy policies for a competitive edge. This venture raises conflict of interest concerns, as the Trump family deepens its involvement in the crypto industry while President Trump champions pro-crypto policies, potentially benefiting their business ventures.

The Economic Times 18 Jun 2025 10:33 am

Senate Passes Cryptocurrency Bill, Handing Industry a Victory

The Senate has passed the GENIUS Act, establishing a regulatory framework for stablecoins, marking a significant policy shift for the cryptocurrency industry. This bipartisan approval, driven by extensive lobbying, aims to legitimize the sector, though some Democrats express concerns over insufficient oversight and anti-corruption measures.

The Economic Times 18 Jun 2025 10:31 am

BSE shares fluctuate after F&O expiry shift, tanks 6% in early trade

Motilal noted that the F&O expiry shift will lead to a loss in market share for BSE in terms of premium turnover, which stood at 22.6% in May 2025

The Hindu Businessline 18 Jun 2025 10:26 am

Market dips are a buy opportunity, not a concern: Varun Saboo

Varun Saboo from Anand Rathi Shares suggests viewing market corrections as buying opportunities. He highlights India's strong economic fundamentals, including infrastructure spending and RBI's rate cuts. He is optimistic about consumption, especially discretionary spending. Saboo recommends focusing on interest rate-sensitive sectors and rural-focused companies. He picks Trent, DMart, and Escorts as key investment ideas, anticipating strong performance from them.

The Economic Times 18 Jun 2025 10:25 am

Goldman Sachs reshapes Asia strategy for growth

The Economic Times 18 Jun 2025 10:23 am

Crude oil futures rise as Israel-Iran conflict enters sixth day

At 9.55 am on Wednesday, August Brent oil futures were at $76.69, up by 0.31% and August crude oil futures on WTI were at $73.44, up by 0.23%

The Hindu Businessline 18 Jun 2025 10:23 am

I-Sec upgrades Fusion Finance to Buy, target price revised to Rs 225

ICICI Securities has upgraded Fusion Finance. The brokerage firm revised the target price to Rs 225. Earlier it was Rs 160. The firm anticipates earnings recovery over FY26-27. This is due to early stress recognition and accelerated provisions. Capital infusion via rights and normalisation of disbursements will also help. The brokerage values the stock at 1.2x Sep?26E BVPS.

The Economic Times 18 Jun 2025 10:11 am

Nomura upgrades IndusInd Bank to buy, sees 30% upside; shares rally 4%

IndusInd Bank shares rose up to 3.9% after Nomura upgraded the stock to buy and raised its price target by 50% to Rs 1,050, citing improved governance, a cleaned-up balance sheet, and a stronger earnings outlook. The new target implies a 30% upside. Nomura also noted the banks efforts to resolve legacy issues and improve transparency.

The Economic Times 18 Jun 2025 10:10 am

Stocks rise despite Middle East tensions as auto sector leads gains

Sensex opened at 81,314.62 and is currently trading at 81,761.49, up 178.19 points or 0.22% and Nifty opened at 24,788.35 and has risen to 24,922.50, gaining 69.10 points or 0.28%

The Hindu Businessline 18 Jun 2025 10:07 am

Buy ICICI Lombard General Insurance Company, target price Rs 2,150: JM Financial

JM Financial suggests buying ICICI Lombard shares. The target price is Rs 2,150. Currently, the share price is Rs 1940. ICICI Lombard's total income for the quarter ended March 31, 2025, was Rs 6110.76 crore. The company reported a net profit after tax of Rs 509.59 crore. Promoters hold 51.55% of the company. Foreign Institutional Investors own 23.68% stake.

The Economic Times 18 Jun 2025 9:51 am

Fed Faces Tough Backdrop Amid War and Weak Data

Geopolitical tensions in the Middle East, particularly the Israel-Iran conflict, are escalating, triggering market anxiety and a flight to safety. Oil prices have surged due to supply disruption fears, while investors are flocking to U.S. Treasuries and gold. Global equities face pressure, and currency markets react cautiously as the Federal Reserve's upcoming policy decision adds to the uncertainty.

The Economic Times 18 Jun 2025 9:46 am

Mutual funds: What are sectoral funds and why should you invest in them?

Sectoral or thematic funds tend to invest at least 80 percent of total assets in equity and equity-related instruments of a particular sector or theme, per the Sebis categorisation of mutual fund schemes.

Livemint 18 Jun 2025 9:41 am

Credit score: 5 common errors in credit report and how to correct them

It is recommended to check your credit report at least once in a year. And if you happen to spot a mistake, it is important to get it rectified at the same time

Livemint 18 Jun 2025 9:38 am

Vedanta, Hindustan Zinc Share Price Live: Hindustan Zinc shares tumble 7% following block deal, Vedanta trades flat

Vedanta, Hindustan Block deal, Vendanta-Hindustan Zinc Stocks & Share Price Live News Today:Catch live updates

The Hindu Businessline 18 Jun 2025 9:35 am

Promoter, PE & VC selling crosses Rs 40,000 crore in 2 weeks: Red flag for Nifty bulls?

Promoters and PE/VC investors are selling stakes worth over Rs 40,000 crore in June. This selling spree may surpass last month's total. Large block deals drive this trend. Capital is flowing into real estate and alternative investments. Domestic institutional investors are providing support. Concerns about stretched valuations persist. Investors should focus on companies with strong fundamentals.

The Economic Times 18 Jun 2025 9:33 am

What are the premium credit cards? Are they issued only to a select few? Know details here

Premium credit cards are exclusive and give special offers such as access to golfing greens and concierge services which are not provided by the regular cards

Livemint 18 Jun 2025 9:33 am

Buy ONGC, target price Rs 290: Anand Rathi

Anand Rathi recommends a buy call for Oil and Natural Gas Corporation (ONGC), setting a target price of Rs 290, as the stock exhibits strength after breaking its consolidation range. Technical indicators, including the RSI and EMA, suggest bullish momentum. Investors are advised to consider a long position with a stop-loss at Rs 235 to manage potential risk.

The Economic Times 18 Jun 2025 9:31 am

Sensex, Nifty trade choppy amid global uncertainty and Middle East tensions

Indian stock markets started the day on a slightly negative note. This mirrors a cautious mood in global markets. Rising crude oil prices and Middle East tensions are factors. At 9:20 am, the Sensex declined by 72 points. The Nifty50 also experienced a slight dip of 21 points. Most Asian markets also opened lower.

The Economic Times 18 Jun 2025 9:29 am

Negative Breakout on June 17: 5 stocks cross below their 200 DMAs

On June 17, five largecap stocks on the NSE fell below their 200-day moving average. Adani Energy Solutions, Zydus Lifesciences, and Cipla are among these stocks. Torrent Pharmaceuticals and Eternal also experienced this downward trend. This decline signals a potential negative shift, as these stocks are now trading below their long-term trend line.

The Economic Times 18 Jun 2025 9:22 am

These 10 stocks show RSI Trending Up on June 17

The Economic Times 18 Jun 2025 9:16 am

Stocks to buy today: Indus Towers, Tata Elxsi among 6 trading ideas for 18 June 2025

Indian market is expected to consolidate, mirroring mixed global signals, after Nifty50 closed lower. Technical analysis suggests a sideways trend with key resistance at 25,000-25,170 and support at 24,700. Experts recommend buying Chambal Fertilisers, Asahi India, Indus Towers, PB Fintech, Tata Elxsi, and Supreme Industries for short-term gains.

The Economic Times 18 Jun 2025 9:11 am

I-Sec maintains Buy on Eternal, target price Rs 310

ICICI Securities recommends a 'buy' for Eternal (Zomato), setting a target price of Rs 310. Currently priced at Rs 251.05, the small-cap company reported a consolidated total income of Rs 6201 crore for the quarter ending March 31, 2025, a 9.62% increase from the previous quarter and a 63.31% surge year-over-year.

The Economic Times 18 Jun 2025 9:11 am

Ola Electric shares in focus as company launches 0% commission model nationwide

Ola Electric shares: Under this model, drivers have the flexibility to select their own plans and retain the entire fare without any deductions. The initiative was first launched with Ola Autos, then expanded to Ola Bikes, and now extends to Ola Cabs.

The Economic Times 18 Jun 2025 9:07 am

ETMarkets Smart Talk | Normal monsoon to revive rural demand, boost FMCG and auto Stocks: Samir Bahl

India's economic resilience shines in early 2025, with robust GDP growth fueling optimism. Anand Rathi Advisors' CEO, Samir Bahl, anticipates a normal monsoon will boost rural demand, benefiting FMCG, auto, and agriculture sectors. The RBI's liquidity measures are expected to spur consumption and private investment.

The Economic Times 18 Jun 2025 9:00 am

RailTel shares in focus on receiving LoI for Rs 44 crore project

RailTel Corporation shares will be in focus after securing a Rs 43.99 crore order under the Mizo Fibre Grid Network (MFGN) Project. The company received a Letter of Intent from Zoram Electronics Development Corporation (Zenics) for the project, which is scheduled for completion by September 2026. The final contract value will be confirmed upon issuance of the formal purchase order.

The Economic Times 18 Jun 2025 8:58 am

Long India narrative continues but global investors turning impatient: Taimur Baig, DBS Bank

Taimur Baig from DBS Bank discusses the global economy. He says the oil market can handle Middle East tensions. Oil prices are below historical highs. Investors are optimistic about India's growth. They want faster economic progress. The US and UK may sign trade deals. These deals may not be detailed. The US needs to import goods.

The Economic Times 18 Jun 2025 8:51 am

Sell Indian Oil, target price Rs 130: JM Financial

JM Financial recommends a Sell call on Indian Oil Corporation (IOCL) with a target price of Rs 130, while the current market price is Rs 142.35. In the recent quarter ending March 2025, IOCL reported a consolidated total income of Rs 196508.13 crore and a net profit after tax of Rs 8088.01 crore. Promoters held a 51.

The Economic Times 18 Jun 2025 8:51 am

M&M shares in focus after CCI clears 59% stake acquisition in SML Isuzu; open offer to follow

Mahindra & Mahindra shares will be in focus after the company received CCI approval to acquire a 58.96% stake in SML Isuzu. The deal includes 43.96% from Sumitomo Corp and 15% from Isuzu Motors. M&M will also launch an open offer to buy up to 26% from public shareholders at Rs 1,554.60 per share, as per SEBI takeover norms.

The Economic Times 18 Jun 2025 8:46 am

Why these 4 companies will be in focus

Polycabs contract win, CG Powers largest ever order, DCX getting overseas/domestic orders, Brahmaputra Infrastructures order flows

The Hindu Businessline 18 Jun 2025 8:42 am

Equity benchmarks set for muted open as West Asia tensions spur risk aversion

Other Asian markets opened lower, with the MSCI Asia ex-Japan index losing 0.5%

The Hindu Businessline 18 Jun 2025 8:37 am

How should you place your bets as Nifty makes a U-turn from 25,000? Vinay Rajani answers

HDFC Securities' Vinay Rajani notes a tug-of-war in the Indian stock market, with Nifty facing resistance at 25,000. While a recent recovery occurred, choppiness and sector rotation persist. Rajani advises caution, especially concerning a bearish engulfing pattern in Bank Nifty, suggesting a range-bound trading session. PSU banks appear strong positionally, outperforming private sector banks, with dips considered buying opportunities.

The Economic Times 18 Jun 2025 8:31 am

UGRO Capital shares in focus as firm to acquire Profectus Capital for Rs 1,400 crore cash deal

UGRO Capital is set to acquire Profectus Capital Private Limited for Rs 1400 crore. This all-cash deal will boost UGRO's business by 30%. It will also add Rs 150 crore to annual profits. The acquisition will be funded through a rights issue and convertible debentures. Profectus, an MSME lender, will become a wholly-owned subsidiary.

The Economic Times 18 Jun 2025 8:19 am

RIL Share Price Live Updates: RIL's Recent Price Trends

The Economic Times 18 Jun 2025 8:14 am

Vedanta shares in focus as firm plans Rs 7,500 crore stake sale in Hindustan Zinc via block deals

Vedanta plans to sell shares of Hindustan Zinc for Rs 7,500 crore through block deals. The shares may be offered at a discount. DAM Capital and Citi will manage the transaction. Hindustan Zinc's board has approved a major expansion plan. This includes a new zinc metal complex in Rajasthan. The project requires an investment of Rs 12,000 crore.

The Economic Times 18 Jun 2025 8:14 am

Watch out for these stocks: Tata Power, Zydus, Vedanta, Aether Ind TVS Motor, TVS Supply Chain, PNB, L&T, Ugro Capital, Delhivery, M&M, SML Isuzu, Emcure Pharm

Buzzing stocks: L&Ts green hydrogen foray; Tata Powers Orissa game plan; CCI nod for Delhivery, M&M-SML Isuzu deals

The Hindu Businessline 18 Jun 2025 8:12 am

Delhivery shares in focus as CCI approves Rs 1,407-crore Ecom Express deal

The Competition Commission of India has approved Delhivery's acquisition of Ecom Express. This deal is worth approximately Rs 1,407 crore. It will significantly consolidate India's logistics sector. The acquisition aims to strengthen Delhivery's position in last-mile delivery. It will also expand warehousing and fulfillment services. Analysts predict a potential upside for Delhivery shares. The average target price is Rs 413.

The Economic Times 18 Jun 2025 8:11 am

Rahul Jains on 6 large & midcap IT stocks to bet on, explains whats driving sectoral outperformance

Rahul Jain favors LTIM due to order book growth and potential stability post-CEO change, anticipating pre-Covid growth. HCL Tech's consistent outlook and Infosys' potential guidance increase are also attractive. In midcaps, Mphasis, KPIT, and eClerx are favored for growth potential relative to valuation, driven by anticipation of improved growth and deal momentum.

The Economic Times 18 Jun 2025 8:11 am

SBI Share Price Live Updates: SBI's Trading Update

The Economic Times 18 Jun 2025 8:10 am