Market News

The market valuation of the seven top firms fell by ₹1.25 lakh crore last week, led by Reliance Industries. The Sensex declined 532.4 points amid persistent FII selling, despite positive factors like lower crude prices and a stronger rupee.

The Hexagon Nutrition IPO was fully subscribed within hours, attracting bids for 3.55 crore shares against 2.16 crore available. Retail and NII categories saw high interest, while QIBs did not bid. The IPO runs from June 5-9, 2026, with shares expected to list on June 12.

Indian equity benchmarks, Sensex and Nifty 50, declined on Friday due to cautious investor sentiment following the RBI's policy review. The Sensex fell 116.67 points, while the Nifty 50 slipped 49.85 points amid concerns over economic growth and inflation forecasts for FY27.

SPACEX-IPO/HOW TO BUY (EXPLAINER, PIX):EXPLAINER-How can retail investors buy shares in SpaceX's IPO?

Big-name investors are staking out a contrarian stance before Thursday’s European Central Bank meeting.

Friday’s sudden equities rout after a months-long rally is renewing concerns that the unwinding of crowded trades could exacerbate market losses.

Trump’s remarks come as Fed Chair nominee Kevin Warsh prepares to lead his first Federal Open Market Committee meeting on June 16-17

GLOBAL-MARKETS/:GLOBAL MARKETS-Asia markets brace for selling after tech rout hits Wall Street

Japanese stocks are set to fall, led by tech shares, after strong US jobs data fueled expectations that the Federal Reserve will keep rates higher for longer, sparking a selloff in AI-related shares on Wall Street.

Despite  margin pressures over the next few quarters, cooling large cap valuations have improved the  risk-reward ratio for investors over the medium term, according to Avinash Satwalekar, president of Franklin Templeton - India.

GLOBAL-MARKETS/ (UPDATE 1,PIX):GLOBAL MARKETS-Asia markets tumble as tech rout deepens

War-driven inflation, slowing demand and lofty market valuations are raising doubts over whether corporate earnings can deliver the growth investors expect in FY27.

MarketSmith India reveals its top stock recommendations for today, 8 June. Get expert insights into the best-performing stocks to guide your investment decisions.

South Korean stocks dropped, led by steep losses in chipmaker shares on an intensifying rotation out of artificial intelligence beneficiaries.

Asian markets crash: Asian markets fell sharply on 8 June as investors took profits in tech stocks, with South Korea's KOSPI dropping over 6.8%. Geopolitical tensions and inflation concerns added pressure, following a significant decline in US markets. 

Gift Nifty was trading around 23,096 level, a discount of nearly 356 points from the Nifty futures’ previous close, indicating a gap-down start for the Indian stock market indices.

Sensex and Nifty 50 are likely to open on a weak note on Monday, tracking a sharp selloff in global markets amid escalating tensions in the Middle East and fading hopes of a near-term resolution to the broader US-Iran conflict.

In a week marked by volatile markets and selling pressure, Jigar Patel from Anand Rathi shares trading strategies for three stocks, highlighting critical support levels and resistance zones.

Crude oil prices jumped as hopes for an end to the wider US-Iran war and a restart to crude flows through the Strait of Hormuz eroded.

Nifty 50, Sensex prediction today: The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 23,118 level, a discount of nearly 334 points from the Nifty futures’ previous close.

Buy or sell: Vaishali Parekh recommends three stocks to buy today — Schneider Electric Infrastructure, Axis Bank, and INOX Green

Indian stocks are expected to open lower following a global market selloff influenced by geopolitical issues. Key market activities include substantial investments by SBI Mutual Fund in Adani companies and various strategic moves by other firms in the pharmaceutical sector.

CMR Green Technologies IPO allotment date is likely today, June 8, CMR Green Technologies IPO allotment status online check can be done through the websites of BSE and NSE, and also on the official portal of the IPO registrar. Kfin Technologies is the CMR Green Technologies IPO registrar.

The Hexagon Nutrition IPO opened with robust demand, fully subscribed within hours. The public issue runs from June 5-9, 2026. Valued at ₹138.87 crore, it consists of an offer-for-sale of 3.08 crore shares, with brokerages advising a 'Subscribe' rating.

The Indian rupee fell to 95.32 against the US dollar due to geopolitical tensions, rising oil prices, and a global selloff. RBI measures may attract $30-50 billion in capital inflows, improving outlook, though the currency remains sensitive to oil price movements.

Stock market crash: Among sectors, Nifty IT, Nifty Metals, Nifty Auto and Nifty Realty slumped over 1.5% each, while Nifty Media and Nifty Pharma witnessed gains.

Stock market today: Experts recommend buying these eight shares today — Tata Technologies, Sai Life Sciences, Axis Bank, Eternal, Tata Steel, VA Tech Wabag, Diamond Power Infra, and Groww

Treasuries fell as investors ramped up bets that the Federal Reserve will need to raise interest rates, while escalating tensions in the Middle East added to inflation concerns.

Gold rate today: Following escalation in the US-Iran war, rising crude oil prices have put other assets under pressure, which includes gold and silver

Merritronix shares made a strong debut on BSE SME, opening at ₹283.10, 90% above its issue price of ₹149. The IPO attracted massive interest, with a subscription rate of 315.36 times, and the stock hit an upper circuit of ₹297.25.

SMR Jewels shares were listed at ₹102.95 apiece on BSE SME, a discount of 19.57% to the issue price of ₹128 per share. The stock dropped to an intraday low of ₹102.40 apiece.

Gold extended a decline after Israel said it struck Iranian targets in response to missile attacks by Tehran, threatening a fragile ceasefire in the Middle East.

Vahh Chemicals, specialising in textile chemicals, has seen strong demand for its IPO, which closes today. With a subscription rate of over 16 times so far and a grey market premium, the company is set for a promising listing scheduled for June 11.

The Nifty Pharma index rose 1.4% on 8 June, defying the broader market selloff, supported by heavyweight stocks like JB Chemicals and Alkem Laboratories. Despite some losses in others, analysts suggest pharma stocks are resilient during market instability due to consistent healthcare demand.

Adani group achieved a record capex of ₹1.55 lakh crore in FY26 and remains confident of sustaining growth with a disciplined financial structure, Jefferies noted.

Japanese tyre major positions India as the manufacturing and export backbone of its global off-highway tyre business amid China+1 supply-chain shifts

Diversification across defence and mining businesses expected to boost growth: Shantanu Roy, Chairman and Managing Director

The ₹2,000-crore facility in Madhya Pradesh will mark a shift away from contract manufacturing as India becomes the company’s second-largest oral care market.

Indian stock markets face ongoing volatility from West Asian geopolitical events. Despite this, earnings prospects remain strong. Investors should focus on specific companies with solid growth drivers. Kotak AMC favors large and mid-cap stocks. Banking, healthcare, and industrials are seen as key growth sectors for FY27. IT sector faces challenges, while defence offers long-term growth.

Hardwyn India has announced a 2:5 bonus issue, subject to shareholder approval at an EGM on July 3. The company also plans to increase its authorised share capital to Rs 70 crore. While the record date is yet to be announced, analysts remain positive on the stock's near-term technical outlook.

Multilingual interview bots and employability tools are helping first-time job seekers cross the formal-sector divide

Sterlite Technologies shares hit the lower circuit on Monday as a sharp global selloff in AI and technology stocks dented investor sentiment. The decline comes after the stock's stellar 474% rally in 2026 and a 56% gain over the past month, with shares locked at Rs 588.30 on the NSE amid profit-booking and weakening AI optimism.

Bitcoin climbed back above the $63,000 level on Monday after successfully defending a key support zone, despite persistent ETF outflows of $3.4 billion. Ethereum and major altcoins also posted strong gains, reflecting improved market sentiment and renewed buying interest across the broader cryptocurrency market over the past 24 hours.

Even though Nifty 50 is still trading with cuts of around 0.65%, it has outperformed almost all Asian peers and appears relatively unscathed from weak global cues

Stock Market News Today Live Updates: From the 30-Sensex firms, Mahindra & Mahindra, Tata Consultancy Services, InterGlobe Aviation, Trent, Bajaj Finance and Eternal were among the biggest laggards.

Goldman now sees the dollar/rupee cross at 96 in three months, from 97 previously; it has kept its 6-month forecast unchanged at 96, while seeing the currency at 97 in 12 months, from 96 previously

A sharp tech selloff exposed concentration risks in Asian markets, where chip giants such as TSMC, Samsung and SK Hynix dominate benchmarks. As their rapid gains pushed portfolio weights beyond risk limits, active fund managers were forced to sell despite strong fundamentals. The unwind triggered market volatility, accelerated fund outflows and intensified the shift from active to passive investing.

Sensex, Nifty, Stock Price Live Updates: Markets opened lower on ​Monday, tracking a sharp selloff across Asian ‌markets as a spike in ​oil prices, renewed Middle East ⁠tensions and rising fears of a U.S. interest rate hike weighed on risk appetite

The rally comes after PhysicsWallah said it would move away from directly funding student loans through its subsidiary and instead partner with regulated third-party non-banking financial companies (NBFCs) to meet students' financing needs.

INOX India Ltd has announced a final dividend of Rs 2.00 while Nelco Ltd has declared a final dividend of Re 1.