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Nifty June futures trade at a premium
HDFC Bank, ICICI Bank and Reliance Industries were the top traded contracts.
Citi cuts Nifty target to 26,000 on El Nino, AI risks, picks one stock
Citi Research lowered its Nifty target due to rising earnings risks linked to geopolitical tensions and other macro concerns. However, it remains constructive on India’s medium-term outlook, citing low foreign investor ownership, resilient domestic inflows and potential gains if global conditions improve.
Citi Cuts Nifty Target To 26,000 From 27,000, Cites West Asia Conflict And FII Outflows
In its latest note, Citi also noted that India's allocation in Global Emerging Market funds is currently at a five-year low, while FII underweight on India remains close to its highest level in 20 years
ICICI Bank Ltd rises for third consecutive session
ICICI Bank Ltd is quoting at Rs 1331, up 2.92% on the day as on 12:49 IST on the NSE. The stock is down 6.61% in last one year as compared to a 6.49% drop in NIFTY and a 1.04% drop in the Nifty Bank index.
Insurance stocks: HDFC Life, ICICI Prudential Life, SBI Life hit 52-wk lows
In the past one month, ICICI Prudential Life (down 18%), HDFC Life (down 12%) and SBI Life (down 9%) underperformed the Sensex, which was down 2.6% during the same period.
Sensex rises 750 pts from day's low, Nifty near 23,300: 4 key reasons behind markets turning green - Moneycontrol.com
Sensex rises 750 pts from day's low, Nifty near 23,300: 4 key reasons behind markets turning greenMoneycontrol.com
Copper Falls to Three-Week Low on Flareup in US-Iran Fighting
The volatility in copper prices is also making Chinese buyers cautious ahead of the seasonal summer lull, an analyst said.
Kospi tanks 9% in just two sessions! What’s causing bloodbath in 2026’s top market?
South Korea’s KOSPI has plunged 9% in two sessions after a strong 2026 rally, as AI-driven semiconductor stocks face profit booking. Rising U.S. inflation, geopolitical tensions in West Asia and leveraged ETF volatility have intensified the sell-off, raising concerns that the AI-led rally may have outpaced fundamentals.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty extends losses, falls 170 points; Brent above $94
Sensex Today | Stock Market LIVE Updates: Today is the weekly expiry of all Sensex contracts. For the Nifty, the recent lows of 23,070 come into play again after the breakout sold off between 23,450 - 23,500 levels, which remains the key resistance on the upside. Analysts maintain that any drop below the 23,070 low could take the index down to 22,800 - 22,700 levels.
Nifty Near Inflection Point; Key Support Stands At 23,000-23,100 Zone
The index has been moving within the 50% to 61.8% retracement zone of the rally from the April 2 low to the April 21 high.
INR pares initial losses and settles largely unchanged
The Indian rupee was largely flat and settled almost unchanged at Rs 95.43 per dollar, down just 2 paise on Wednesday, amid likely intervention from the Reserve Bank of India (RBI) to curb excessive volatility and prevent a further slide in the domestic unit. Rupee pared its initial losses as crude oil prices and the US dollar index retreated from their elevated levels. Indian shares gave up early gains to end little changed on Wednesday as investors weighed rising U.S.-Iran tensions and awaited key U.S. inflation data later in the day for fresh insights into market expectations for future interest rates in the face of rising energy-driven inflation risks. The BSE Sensex ended the day at 73,983.18, up by 64.42 points (0.09%), while the NSE Nifty 50 settled at 23,214.95, slipping by 27.15 points (-0.12%).
Nifty June futures trade at a premium
HDFC Bank, Reliance Industries and ICICI Bank were the top traded contracts.