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SIF AUM jumps 29% to Rs 17,858 crore in June; inflows surge 171% MoM
Specialised Investment Funds saw assets grow significantly in June 2026. Total inflows into these funds also experienced a substantial increase. Hybrid Long-Short Funds continued their dominance within the SIF segment. The broader mutual fund industry also reported healthy investor participation during the month. SIP contributions reached a record high, indicating sustained retail interest.
INR extend gains amid dollar weakness; Local benchmark indices surge in early trades
The Indian rupee extended gains in opening trades on Friday tracing weakness in dollar overseas on expectations that US and Iran will continue peace negotiations despite a recent escalation. However, oil prices stay supported after recent streak of gains that could limit gains in the counter. INR opened at Rs 95.27 per dollar and hit a high of 95.22 so far during the day. Yesterday, rupee appreciated by 7 paise to settle at 95.41 against the US dollar. Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, boosted by the surge in semiconductor and AI stocks. Indian benchmark indices surged early on Friday, with the BSE Sensex climbing 701.73 points (0.91%) to 77,443.55 and the NSE Nifty 50 gaining 200.85 points (0.84%) to trade at 24,162.25.
INR tumbles sharply against US dollar as oil prices soar on renewed US-Iran tensions; Sensex, NIFTY plunge over 2%
The Indian rupee tanked 59 paise to settle at 95.55 (provisional) against the US dollar on Wednesday as the US launched fresh strikes on Iran after Tehran struck three ships in the Strait of Hormuz, pushing up crude oil prices and strengthening the dollar. The US military attacked Iran early Wednesday after it said Tehran struck three ships in the Strait of Hormuz, part of an American effort that also revoked the Islamic Republic's ability to openly sell crude oil in the world market. Iran retaliated with strikes targeting Bahrain and Kuwait. Following the strikes, global crude oil prices rose exponentially. Brent crude, the global oil benchmark, was trading higher by 6.16 per cent at USD 78.73 per barrel in futures trade. The Indian stock market also suffered a massive crash, with the NSE Nifty 50 plunging 516.65 points (2.12%) to close at 23,882.05, while the BSE Sensex tanked 1,677.12 points (2.15%) to settle at 76,503.60.
Sensex tumbles over 550 points, Nifty falls below 24,250 as Iran-US conflict escalates
Indian stock markets experienced a decline on Wednesday as oil prices surged. Benchmark indices Sensex and Nifty fell significantly due to renewed Iran-US conflict escalations. Broader market indices also slipped into the red, reflecting widespread bearish sentiment. Foreign investors, however, continued their buying trend for a fifth consecutive session. The Indian rupee opened lower against the US dollar amid these developments.
INR seen supported by improving global risk sentiments
The Indian rupee appreciated 48 paise to close at 94.95 (provisional) against the US dollar on Tuesday, on improved global risk sentiments as higher traffic flows through the Strait of Hormuz reduced supply uncertainties. Market sentiment was also buoyed after Saudi Arabia slashed August crude oil prices for Asia by USD 11 per barrel. Moreover, softness in Brent oil prices is alaos expected to ease inflationary pressures for India, the world's third-largest oil importer. However, Indian shares ended slightly lower on Tuesday, with benchmark indexes Sensex and Nifty snapping a four-day winning streak. The Indian benchmark equity indices snapped their four-day winning streak, ending marginally lower due to late-session profit booking and weak Asian cues. The NSE Nifty 50 declined by 31.65 points (0.13%) to close at 24,398.70, while the BSE Sensex dropped 104.35 points (0.13%) to settle at 78,180.72.
Rebound in greenback weighs on INR; Gains in local equities cap downside
The Indian rupee depreciated 20 paise to close at 95.38 (provisional) against the US dollar on Monday, as a strengthening greenback weighed on emerging market currencies. At the interbank foreign exchange market, the rupee opened at 95.25 against the American currency and traded in a range of 95.22-95.48 during the session. The rupee finally closed at 95.38 (provisional), down 20 paise from its previous close. Local shares rose notably on Monday, with benchmark indexes Sensex and Nifty extending gains for a fourth consecutive session, as crude prices continued to fall in international markets following OPEC+'s decision to raise output. Underlying sentiment was also underpinned by eased concerns over near-term Federal Reserve rate hikes, optimism for promising corporate earnings' season, and strong provisional June quarter business growth updates reported by banks. The BSE Sensex surged 521.16 points (0.67%) to close at 78,285.07 and the NSE Nifty 50 climbed 159.50 points (0.66%) to ..
MFs wary of Sebi plan to allow celeb ads, cite mis-selling, edge for big entities
Sebi's proposal to let mutual fund houses use celebrity endorsements has sparked a debate over investor protection and competition. While supporters say it could bring in more first-time investors, critics fear higher mis-selling risks and a growing advantage for large fund houses.
INR settles lower as renewed geopolitical tensions hit investors' risk appetite
The Indian rupee pared initial gains and settled lower by 9 paise at 94.54 (provisional) against the US dollar on Monday, as renewed geopolitical tensions hit investors' risk appetite. The rupee opened on a positive note with crude oil prices remaining supportive and foreign inflows improving, but a renewed flare-up in geopolitical tensions after fresh military exchanges between the US and Iran dented investor sentiment. At the interbank foreign exchange market, the rupee opened at 94.36, then gained momentum and touched an intraday high of 94.25 and a low of 94.56 against the American currency. On June 29, 2026, the Indian stock market snapped its two-day winning streak with the benchmark indices ending lower. Nifty 50 declined by 109.75 points (0.46%) to close at 23,946.25.BSE Sensex slid by 372.10 points (0.48%) to close at 76,728.37.
INR rebounds in opening trades; Gains unlikely to hold
The Indian rupee appreciated in opening trades on Monday as a temporary pause in Middle East attacks and upcoming diplomatic talks in Qatar is supporting broader Asian currency markets. However, the rally is unlikely to sustain given broad strength in dollar and rebounding international oil prices. Besides, negative cues from equities are also likely to add pressure on the counter. INR opened at Rs 94.36 per dollar and hit a high of 94.25 so far during the day. On Thursday, the pair ended at 94.45 as Friday was a market holiday on account of Muharram. As of the morning trade on June 29, 2026, the Indian benchmark indices are trading flat, with the NSE Nifty 50 hovering around 24,056.00 and the BSE Sensex trading near 77,100.47.
Rajesh Palviya of Axis Sec suggests JSW Infrastructure, Ind-Swift Laboratories, Welspun Living shares to buy next week
The Indian stock market will remain closed on June 26 for the Muharram holiday. Benchmark indices extended their winning streak ahead of the holiday, with Nifty 50 closing at 24,056 and Sensex at 77,100.47, boosted by easing crude oil prices and supportive measures for the rupee.
Sterlite Tech hits 5% upper circuit on QIP launch; zooms 495% in 6 months
Sterlite Technologies plans to raise up to ₹1,500 crore through the QIP route. Recently, Bandhan Mutual Fund sold 1.82 million equity shares of STL in open market trade.
India’s biggest equity fund makes contrarian bet on IT stocks
India’s largest actively managed equity fund, PPFAS Flexi Cap, is increasing exposure to beaten-down IT stocks, taking a contrarian view on AI disruption fears. CIO Rajeev Thakkar argues pessimism is overdone, betting on productivity gains and valuation comfort even as the Nifty IT index heads for its worst year since 2008.