Nifty 50 reclaims 24,000: Five market experts predict the index’s short-term outlook

The Nifty 50 index has surged past the crucial 24,000 mark, driven by short covering and lower crude oil prices. Market experts share their insights on resistance levels, potential pullbacks, and what investors can expect in the near term. Stock market benchmark Nifty 50 reclaimed the psychologically important 24,000 mark on 24 June, largely due…

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Falling oil prices bring relief to India’s fiscal and current account deficits

Finmin to review macro parameters towards year-end, inflation seen to remain high on base effect, energy price pass-through With crude oil prices now cooling amidst the interim peace deal between the US and Iran, India is hopeful that there will be some easing of its worries on the economic front. According to senior government sources,…

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US, Iran unveil 14-point interim pact to halt conflict, reopen Hormuz

The United States and Iran on Wednesday unveiled a 14-point interim agreement aimed at ending the ongoing conflict between the two countries, restoring commercial shipping through the Strait of Hormuz and launching negotiations for a broader peace settlement.   The document, titled the Islamabad Memorandum of Understanding between the United States of America and the…

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Paras Defence, to MTAR Tech, HAL: Defence stocks rally as India’s defence production touches all-time high

India’s defence production hit a record ₹1.78 lakh crore in FY26, driving share prices up for defence firms. The sector experienced 15.6% growth from FY25, with increased private sector contributions and strong export performance boosting confidence in the industry’s future. Shares of defence stocks witnessed strong buying interest on Wednesday after the government announced that…

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HCL Technologies share emerges top gainer on Nifty 50 and Sensex after Sarvam AI investment move

HCL Technologies share price has gained 12% in one month, but has risen only 1% in six months. The largecap IT stock has fallen 13% on a year-to-date (YTD) basis, and has declined 8% in one year. HCL Tech shares have jumped 51% in three years and 107% in five years. HCL Technologies share price…

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Sensex up 2,500 pts, Nifty up 3% in 2 sessions: Should you book profits or stay put? Here’s what analysts say

An analyst said investors should remain invested instead of rushing to book profits as the Nifty has reclaimed the 24,000 mark.   The benchmark indices Sensex and Nifty opened with strong gains on Monday amid optimism over a US-Iran peace deal, but gave up a part of their gains due to profit booking during the…

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Sensex rises 1,700 pts intra-day; Nifty above 23,600: Key reasons here

A Bloomberg report said that the US and Iran are edging closer to signing an agreement to reopen the Strait of Hormuz as the Group of Seven world leaders are set to meet next week.   Stock Market Today: Indian benchmark indices rallied on Friday, June 12, 2026, as easing geopolitical tensions lifted investor sentiment.…

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India’s mobile data costs plunge 97% since 2014 as internet users cross 105 crore

Mobile data costs have fallen by more than 97% since 2014, while internet connections have crossed 105 crore, and broadband subscriptions are nearing the 100-crore mark.  India’s mobile data costs have fallen by more than 97% over the past decade, helping drive a sharp expansion in internet access and digital connectivity across the country. The…

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Equity mutual fund inflows fall 40% to Rs 22,908 crore in May: AMFI

Equity inflows slowed, gold ETFs saw outflows and debt funds reversed course. Here’s what AMFI’s May data reveals.   Equity mutual fund inflows fell 40 percent to Rs 22,908 crore in May, down from Rs 38,440 crore in April, according to monthly data released by the Association of Mutual Funds in India (AMFI). Even with…

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Canara Bank’s ₹509-crore Rajesh Exports exposure: All you need to know

The Rajesh Exports-Sebi case has renewed attention on Canara Bank’s ₹509-crore exposure and the trade-finance transactions that linked the company to its Swiss subsidiary   The dispute between Rajesh Exports Ltd and Canara Bank has drawn attention to a trade-finance arrangement that left the lender with an outstanding exposure of about ₹509 crore. At the…

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