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Ahead of Market: 10 things that will decide stock market action on Wednesday
Sensex and Nifty plunged over 1% on Tuesday amid global market weakness, IT sector losses, a weaker rupee and fresh foreign fund outflows. Investors will track technical levels, global cues, FII activity and key stock movements on Wednesday as markets look for direction after the sharp decline.

Swiggy Teams Up With Zerodha Fund House To Enable Mutual Fund Investments For Gig Workers
Swiggy partners Zerodha Fund House to let delivery partners invest in mutual funds from Rs 100.
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
Stock Market LIVE: Sensex jumps 700, Nifty above 23,350; IndiGo, Eternal lead; realty index up 2%
Sensex Today | Stock Market LIVE Updates Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap were trading 1.38 per cent and 1.61 per cent higher, respectively
Nifty slips below 23,250 as profit booking wipes out intraday gains
The benchmark indices erased most of their intraday gains on Wednesday as profit booking emerged at higher levels. Sentiment was weighed down by continued foreign institutional investor (FII) selling, weak global cues and renewed geopolitical tensions in West Asia. Metal stocks led the decline amid concerns over slowing global demand. After climbing to an intraday high of 23,425.35 in afternoon trade, the Nifty surrendered most of its gains and settled below the 23,250 mark. FMCG and private banking stocks provided some support, while metal and realty counters witnessed selling pressure.

ICICI Prudential Mutual Fund raises stake in Travel Food Services, shares rise
ICICI Prudential Mutual Fund has announced the acquisition of an additional stake in Travel Food Services, increasing its total shareholding in the company to above 5%.
Stock Market LIVE: Sensex gains 400 pts, Nifty above 23,350; SMIDs rise; RIL, Trent top gainers
Sensex Today | Stock Market LIVE Updates Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices were trading 0.01 per cent and 0.25 per cent higher, recently

Ajanta Pharma promoter sells ₹1,024 crore stake; mutual funds step in as buyers
A promoter entity of Ajanta Pharma has sold a 2.8% stake in the drugmaker for over ₹1,000 crore through a block deal, with Kotak Mahindra Mutual Fund and Aditya Birla Sun Life Mutual Fund emerging as the key buyers.
Promoter sells Rs 1,024 crore worth of Ajanta Pharma shares in block deal to Kotak MF and ABSL MF
A promoter entity of Ajanta Pharma sold shares worth over Rs 1,024 crore through a block deal, with Kotak Mahindra Mutual Fund and Aditya Birla Sun Life Mutual Fund acquiring the stake. The transaction comes amid strong earnings growth, healthy margins and sustained momentum in the company’s pharmaceutical business.
Mid and smallcaps get the money as Nifty lags
Investors are increasingly bullish on mid and small-cap stocks, reflecting a notable shift in market sentiment. The Advance-Decline Ratio has shown resilience for the past two months, leading to record highs in midcap and smallcap indices. Meanwhile, large-cap stocks are grappling with foreign selling pressure, suggesting that mid and small caps may continue to shine in the near future.

Global Capital Is Chasing AI Giants, But India Remains a Stock Picker's Market, Says Hiren Ved
The veteran fund manager noted that while the Nifty has largely moved sideways over the past two years, several stocks have generated substantial returns during the same period.

Trade Setup For June 8: Nifty's Immediate Support Lies At 23,230-23,200 Levels Amid Mixed Global Cues, Market Indecisiveness
However, as long as the index sustains above 23,250, a buy-on-dips strategy remains favourable.