Market News

Nifty closes above 24,400 as rally extends to fourth straight session

Benchmark indices extended gains for a fourth straight session on Monday, supported by broad-based buying. Encouraging Q1 business updates, easing crude oil prices, improving monsoon progress and receding geopolitical concerns lifted sentiment. The Nifty closed above the 24,400 mark. Auto, consumer durables, oil & gas and metal stocks led the gains, while IT and PSU bank shares ended lower. Broader market also remained firm, reflecting sustained buying interest.

National Standard (India) Ltd leads losers in 'B' group

Rajdarshan Industries Ltd, Vedanta Oil and Gas Ltd, Quint Digital Ltd and Shri Krishna Devcon Ltd are among the other losers in the BSE's 'B' group today, 06 July 2026.

Sensex, Nifty trade in positive terrain; Oil & gas shares rally

Oil & Gas shares witnessed buying demand for five consecutive trading sessions.

Three factors why ONGC shares got an upgrade from Motilal Oswal; Check latest price target

Adverse regulatory or fiscal changes, including higher government levies or changes in gas pricing mechanisms, lower-than-expected crude oil and domestic gas realisations arising from a weaker commodity price environment, are some of the key risks for ONGC.

Vedanta Oil & Gas, Vedanta Iron & Steel, Vedanta Power shares crash up to 8% post Q1 updates; Vedanta Aluminium rises

Shares of Vedanta's recently demerged entities traded mixed after their Q1 business updates. Vedanta Oil & Gas, Vedanta Iron & Steel and Vedanta Power fell up to 8% on weaker operational performance, while Vedanta Aluminium Metal gained after reporting record quarterly aluminium production.

Here's how the five Vedanta Group stocks are reacting to their Q1 business updates

Shares of Vedanta Ltd. ended 1.6% higher on Friday at ₹280.5. Shares of the Aluminium division ended at the flat line, while those of the Iron & Steel business, after being locked in a 5% upper circuit earlier in the day, ended 5% lower. The Oil and Gas business saw its shares fall over 4% as well, and the Power business shares fell over 6%.

ONGC Share Price Live Updates: ONGC Market Volume Snapshot

Stocks in news: HDFC Bank, Vedanta Power, YES Bank, Sun Pharma, Waaree Energies

Indian markets surged for a third straight day, buoyed by global sentiment and strong performance from heavyweight stocks like HDFC Bank and YES Bank. Analysts note a technical breakout, though resistance looms. Several companies, including Dabur India and Vedanta Power, reported positive quarterly updates, while Tata Power withdrew a controversial distribution application. ONGC's leadership eligibility criteria have also been broadened.

Bullish futures positioning hints at upside in large-cap stocks

Indian stock markets are seeing pockets of strength, particularly in mid- and small-cap segments, with optimism now extending to select large-cap stocks. Analysts highlight several stocks showing bullish futures build-up and positive technical indicators. IndusInd Bank, Nalco, Shree Cement, HDFC AMC, Adani Energy Solutions, Nestlé India, and ONGC are identified as potential gainers, with specific entry points, targets, and stop-losses provided for traders.

Government raises ONGC chairman entry age to 59, offers up to five-year tenure

The government has broadened the eligibility for ONGC's next chairman, raising the maximum entry age to 59 and offering a three-year term extendable by two years. This move aims to widen the candidate pool for India's largest oil producer. The selection process will now involve a search-cum-selection committee, a departure from the usual PESB procedure. Applications are open until July 21.

Vedanta, TCS among 5 stocks with the highest dividend yield. Check details

Investors seeking high returns are eyeing stocks with impressive dividend yields. Vedanta leads the pack with a remarkable 12% yield, followed by Gujarat Pipavav Port at 6.7% and ONGC at 5.5%.

India lifts emergency natural gas supply controls imposed after LNG disruptions

Emergency natural gas supply controls, implemented earlier this year due to Middle East conflict-induced LNG shipment disruptions, have been lifted by the Centre. The government had previously mandated these controls after the Strait of Hormuz disruptions led suppliers to invoke force majeure, necessitating the redirection of gas to essential sectors. This withdrawal signals a stabilization in supply chains.