Stock Market LIVE Updates: GIFT Nifty suggests a weak start; US markets mixed, Asia falls

At its June 18 meeting, SEBI rolled out comprehensive capital market reforms—from PSU delisting and startup ESOP clarity to regulatory relief for REITs/InvITs and enhancements to the Social Stock Exchange. Alongside bond-only FPI easing, merchant banker flexibilities, and settlement schemes for legacy matters, the regulator signalled a balanced push to boost market access and streamline governance….Read More

Kolkata-based Ellenbarrie Industrial Gases has filed red herring prospectus with the Registrar of Companies on June 18 for launching its maiden public issue, including fresh issue worth Rs 400 crore, next week, on June 24. The offer will close for public on June 26.

The price band for the offer will be disclosed on June 19.

The anchor book, which is up to 60 percent of the qualified institutional buyers’ (QIBs) reserved portion, will be launched for institutional investors on June 23. The IPO share allotment will be finalised by the end of 27, and the Ellenbarrie shares will be available for trading on the bourses effective July 1. Read More

Oil prices slipped on Thursday as investors hesitated to take new positions after U.S. President Donald Trump gave mixed signals on the country’s potential involvement in the ongoing Israel-Iran conflict.

Brent crude futures fell 37 cents, or 0.48%, to $76.33 a barrel after gaining 0.3% in the previous session marked by high volatility, with prices falling as much as 2.7%.

U.S. West Texas Intermediate crude for July fell 28 cents, or 0.37% to $74.86 a barrel, after settling up 0.4% in the previous despite dropping by as much as 2.4%.

The July contract expires on Friday and the more active August contract was down 21 cents, or 0.29%, to $73.29 a barrel.

SEBI officials also cleared that transactions are unlikely to go up because of unbundling of charges. …Read More

Asian equities dipped on Thursday after Federal Reserve Chair Jerome Powell said he expected inflation

to pickup meaningfully in the coming months.

Individual shareholders are likely to sell up to 25.19 lakh shares (1.5 percent equity) at an indicative price at Rs 1,650/share, which is at 3.20 percent discount to CMP, worth Rs 450 crore, reports CNBC-TV18, quoting sources.

Trends on GIFT Nifty indicate a flat to negative start for the broader index in India, with a loss of 20.5 points or 0.08 percent. The Nifty futures were trading around 24,789.50 level.

According to experts, unless the Nifty 50 breaks the 24,700-25,000 range on either side, consolidation may continue. …Read More

The S&P 500 ended nearly flat on Wednesday, giving back earlier gains after Federal Reserve Chair Jerome Powell said inflation in goods prices is expected to go up over the summer as President Donald Trump’s tariffs work their way to consumers.

The U.S. central bank left interest rates unchanged, as expected. In the statement, policymakers maintained expectations for two cuts this year, but a rising minority expected no rate cuts at all. Also, they slightly slowed the expected pace to a single quarter-percentage-point cut in each of 2026 and 2027.

The Dow Jones Industrial Average fell 44.14 points, or 0.10%, to 42,171.66, the S&P 500 lost 1.85 points, or 0.03%, to 5,980.87 and the Nasdaq Composite gained 25.18 points, or 0.13%, to 19,546.27.

#1 Asian markets mixed as investors weigh Fed decision, Middle East conflict

#2 GIFT Nifty signals lower start

#3 US Futures lower after Fed rate decision

#4 Wall Street ends narrowly mixed as Fed keeps interest rate unchanged

#5 US Fed sticks to forecast of 2 rate cuts for 2025

#6 Fed lowers growth expectations, raises inflation forecast

#7 Powell: Starting to see some effects of tariffs on inflation

#8 European markets ended mixed

#9 US 10-year yield flat at 4.39 percent; USD lower

#10 Oil prices steady after Trump says Iran wants to negotiate

#11 Gold sideways after Fed holds rates

#12 Khamenei rejects Trump’s demand for unconditional surrender

#13 Khamenei warns US of “irreparable damage” if it joins Israel’s air campaign

In yet another volatile session on June 18, benchmark indices ended lower for a second session in a row, as investors stayed caution ahead of US Federal Reserve’s announcement later tonight, and the ongoing tensions in the Middle East.

At close, the Sensex was down 138.64 points or 0.17 percent at 81,444.66, and the Nifty was down 41.35 points or 0.17 percent at 24,812.05. The underperformance of broader market indices continued, with BSE mid and smallcap indices falling 0.3 percent each.

Top Nifty losers included TCS, Adani Ports, JSW Steel, HUL, Adani Enterprises, while gainers were IndusInd Bank, Trent, Titan Company, Maruti Suzuki and M&M.

On the sectoral front, except auto, private bank, consumer durables, all other indices ended in the red with IT, media, metal, oil & gas, realty down 0.5-1 percent.

If we buy the business as a business and not as a stock speculation, then it becomes personal. I want it to be personal.