Market News
Stay updated with the latest market trends, earnings, and economic indicators.

Trade Setup For June 23: Nifty Bulls See 24,200 As Key Hurdle Even As Hormuz Deadlock Eases | Check Key Levels
The Nifty 50 ended 89.80 points, or 0.37%, higher at 24,102.9 on Monday.

Kirloskar Oil Engines shares hit 20% upper circuit. JM Financial sees more upside
Kirloskar Oil Engines shares surged 20% after winning a substantial order from HyperNext for 96 units of its 2,500 kVA power systems, enhancing its position in the data centre market dominated by Cummins. JM Financial and Motilal Oswal raised target prices, citing strong growth potential.

Sirios Absolute Return Fund R EUR HP PR UCITS Share Price | EPA:SARF ETF - Investing.com India
Sirios Absolute Return Fund R EUR HP PR UCITS Share Price | EPA:SARF ETFInvesting.com India

Nifty Outlook for June 23: Index looks to sustain above 24,100 ahead of weekly expiry
The Nifty has failed to surpass the previous swing-high resistance at 24,190, which remains a key near-term hurdle. A sustained move above this level could open the door for a rally towards the 200-DEMA, placed around 24,450, according to analysts.

Delhivery shares close in on IPO price yet again after Motilal Oswal projects 26% upside
Brokerage firm Motilal Oswal said Delhivery's express segment recorded 73% volume growth during the fourth quarter of FY26, including the impact of the Ecom Express acquisition, despite a challenging operating environment marked by the West Asia crisis and the seasonal moderation typically seen after the festive-led third quarter.

Trust MF CIO sees revival in corporate cycle, stays bullish on mid and smallcaps
Mihir Vora, Chief Investment Officer at Trust Mutual Fund, remains bullish on renewable energy, with a preference for solar, and is betting on transmission and distribution companies as well as commercial clean energy suppliers catering to sectors such as data centres.
Sensex jumps over 400 pts, Nifty above 24,100; IT stocks lead gains
Indian stock markets rebounded strongly on Monday, with Sensex and Nifty posting significant gains after Friday's dip. Tech stocks led the charge, while broader market indices also climbed. Despite Middle East tensions, Brent crude prices remained below $80, suggesting a potential de-escalation. Analysts remain optimistic, citing rupee appreciation and expected capital inflows as supportive factors for continued market momentum, particularly in mid and small-cap segments.

Gold faces hurdle on path to $5,200 as hawkish Fed dampens ETF demand, MS says - Investing.com India
Gold faces hurdle on path to $5,200 as hawkish Fed dampens ETF demand, MS saysInvesting.com India

Meet Mahendra Nahata, the man who is set to reap 100-fold from Jio Platforms IPO
Mahendra Nahata’s 0.54% holding in Jio Platforms, purchased for ₹48 crore in 2020, is now worth ~ ₹5,800 crore, based on a Motilal Oswal analysis that values the company at $114 billion.
Easing West Asia tensions boost IPO activity, 3 issues to open next week
The primary market is showing signs of revival as improving geopolitical conditions in West Asia have boosted investor sentiment, prompting three mainboard IPO launches next week and paving the way for more public issues in the pipeline. Cordelia Cruises operator Waterways Leisure Tourism, Jaipur-based jewellery manufacturer Advit Jewels, and IT solutions provider CSM Technologies will launch their maiden public issues over the next few days, while packaging solutions provider Knack Packaging is expected to announce its price band. Quick commerce unicorn Zepto is looking to raise over Rs 10,000 crore, and the country's largest fund house, SBI Mutual Fund, plans to launch its Rs 13,000-crore public issue next month, according to people familiar with the development. In June, CMR Green Technologies and Hexagon Nutrition have already launched their IPOs, while the public issue of insurtech unicorn Turtlemint Fintech Solutions is currently underway. Adding to the momentum, the National
Will Nifty hit 25,000 this month? Key levels to watch in the week ahead
Nifty eyes a potential up move, with immediate targets at 24,300–24,600, though a dash to 25,000 this month appears uncertain. The IT index remains technically weak, while the defence index shows strong momentum, hitting a 52-week high. Experts recommend buying Radico Khaitan and Redington, citing bullish continuation setups and recovery signs respectively.
Betting on India’s travel boom? Motilal Oswal sees TBO Tek and Ixigo as key beneficiaries
The industry has evolved significantly over the past two decades—from a fragmented, offline agent-driven market to a digitally enabled ecosystem led by online travel platforms.