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Rs 8L cr richer! Sensex zooms 1,100 pts, Nifty tops 24K. US-Iran truce among 5 drivers behind bull run
Indian equities experienced a robust start to the week, with the Sensex and Nifty surging over 1.5% each. This rally was fueled by an Iran-US peace framework and declining oil prices, mirroring positive global market trends. The significant gains boosted the total market capitalization of BSE-listed companies by nearly Rs 8 lakh crore.
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Sensex jumps over 1,100 points, Nifty nears 24,000 as US-Iran peace deal sparks global rally - Firstpost
Sensex jumps over 1,100 points, Nifty nears 24,000 as US-Iran peace deal sparks global rallyFirstpost
Stock Market LIVE: Sensex surges 1,100 pts, Nifty near 24,000; Rupee strengthens 68 paise against $
Sensex Today | Stock Market LIVE Updates Monday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices were trading 1.4 per cent and 1.7 per cent higher, respectively
Nifty tops key 23,500 hurdle, can head to 24,500 on buying interest: Analysts
Nifty's strong breakout above 23,500 has turned technical analysts bullish, anticipating a move towards 24,000-24,500. Analysts highlight improving momentum, bullish patterns, and sustained buying interest, with 23,100-23,300 acting as crucial support. Specific stock recommendations include Bank of India, BPCL, HDFC Bank, UltraTech Cement, and KEI Industries.

Mutual fund distributors seek tax relief after Sebi’s expense ratio overhaul
Distributors have urged the Association of Mutual Funds in India to adopt the reverse charge mechanism to offset income losses stemming from new expense ratio regulations. Many small distributors, particularly those exempt from GST, are significantly affected by the changes.

'Fairy tale or mega bubble?' Uday Kotak says SpaceX IPO valuation does not fit any traditional matrix
Uday Kotak, Founder of Kotak Mahindra Bank, described SpaceX's IPO as a significant test of capitalism, highlighting its valuation beyond traditional metrics as a bet on humanity’s future and technological advancement. SpaceX debuted at USD 150, with a market cap of USD 1.77 trillion.

Weekly Market Wrap: SENSEX rises 2%, NIFTY50 up 1% as metal and banking stocks rally; Kotak Mahindra Bank leads - Upstox
Weekly Market Wrap: SENSEX rises 2%, NIFTY50 up 1% as metal and banking stocks rally; Kotak Mahindra Bank leadsUpstox

Ethanol Stock Jumps After Parag Parikh Mutual Fund Buys 17.40 Lakh Shares in the Co. By Trade Brains - Investing.com India
Ethanol Stock Jumps After Parag Parikh Mutual Fund Buys 17.40 Lakh Shares in the Co. By Trade BrainsInvesting.com India
13 stocks held by 100+ MFs in May surged up to 85% in just over 5 months
Stocks with strong mutual fund backing delivered sharp gains in CY26, with 13 names rising 40% to 85% in just over five months. Data show 268 stocks held by over 100 schemes, signalling broad institutional conviction and reinforcing momentum in select high-performing counters across sectors.
Gold loses shine? ₹725 crore exits Gold ETFs - Should mutual fund investors be worried?
Gold ETFs experienced a net outflow of ₹725 crore in May, marking the first month of redemptions after 13 months of inflows. Despite this, experts suggest the market sentiment towards gold remains intact, viewing the trend as a result of profit booking. Silver ETFs also faced continued outflows.

A coffee producer and exporter is the newest purchase made by SBI Mutual Fund; Details here
Shares of Vintage Coffee and Beverages ended 2.7% higher on Thursday at ₹160.4. The stock has been an underperformer, having gained only 15% in the last five years. Over the last 12 months, the stock has risen 34%.
UK approves Novo weight-loss pill to edge open European market
Britain's medicine regulator has approved Novo Nordisk's weight-loss pill. This makes the UK the first European market for the oral treatment. Over 10 million people with obesity in the UK now have an alternative to injections. Drugmakers are racing to expand use of these transformative medicines. The market is expected to reach over 100 billion dollars by 2030.