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HFCL Ltd Surges 4.1%
HFCL Ltd has added 47.37% over last one month compared to 10.15% gain in BSE Telecommunication index and 2.31% rise in the SENSEX
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
Mcap of 9 most valued firms jumps ₹2.15 trn, Airtel biggest winner
The combined market valuation of nine of the top-10 most valued firms jumped by Rs 2.15 lakh crore last week, with Bharti Airtel emerging as the biggest winner, in line with improving global risk sentiment. Last week, the BSE benchmark Sensex jumped 1,274.95 points, or 1.68 per cent. "Indian equity markets extended their recovery during the week, supported by easing geopolitical concerns, softer crude oil prices, and improving global risk sentiment. Although negotiations remain ongoing and the agreement is yet to be fully implemented, the reduction in geopolitical uncertainty has significantly improved market sentiment," Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said. The market valuation of Bharti Airtel surged by Rs 52,432.67 crore to Rs 11,62,963.30 crore, the most among the top-10 firms. Life Insurance Corporation of India (LIC) added Rs 51,675.23 crore, taking its valuation to Rs 5,56,726.30 crore. The valuation of Bajaj Finance soared by Rs 26,55
Sebi clarifies EPI benefits; Turtlemint Fintech IPO subscribed 45% on Day 1
The market regulator revised commodity margin provisions, cleared SBI Mutual Fund's IPO and oversaw the opening day of Turtlemint Fintech's share sale

Cyient launches ₹720 crore buyback offer at ₹1,125 per share; tender window opens June 23
Axis Capital is acting as the manager to the buyback, while KFin Technologies has been appointed registrar to the offer. Shares of Cyient Ltd ended at ₹858.05, down by ₹15.00, or 1.72%, on the BSE.

SBI Mutual Fund Gets SEBI's Clearance To Launch IPO
The offering will see promoters, SBI and Amundi India Holding, pare their stakes.

SBI Mutual Fund gets Sebi's clearance to launch IPO
The proposed maiden public offering is entirely an offer for sale (OFS) of up to 20.37 crore equity shares, with no fresh issue component, according to the draft red herring prospectus (DRHP) filed in March.

SEBI Board Meeting Highlights: SEBI looks to remove barriers to longer-term derivative contracts
SEBI Board Meeting Highlights: Securities and Exchange Board of India has announced major market reforms including open-market buybacks, AIF rollout changes and mutual fund intraday borrowing flexibility, alongside updates on NSE-related issues and an upcoming study on investor losses and derivatives data.
Stock market today: Which are the top gainers and losers in BSE Sensex and Nifty50 today? Check list - The Times of India
Stock market today: Which are the top gainers and losers in BSE Sensex and Nifty50 today? Check listThe Times of India
Sebi approves open-market buybacks, eases mutual fund borrowing norms
The market regulator also cleared a faster approval route for alternative investment funds and aligned norms for securitised debt instruments with RBI rules

Zerodha launches India's first target-date mutual funds for long-term goals
Zerodha Fund House has launched India's first target-date mutual funds that begin with a higher allocation to equities and gradually move towards debt and other lower-risk assets as the target year approaches, helping investors stay aligned with long-term goals.
Premier Explosives zooms 52% in 1 month; what's behind the rally?
In the past six months, the stock price of the company surged 78 per cent, as compared to 10 per cent decline in the BSE Sensex.