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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
Ecommerce isn't adding much to Retail Inc's cart
An ET analysis of eight major retailers-market leader Reliance Retail, Shoppers Stop, Westside, Arvind Fashions, DMart, Spencer's Retail, Pantaloons and Bata-showed that the contribution of e-commerce to overall revenue has seen minuscule improvement since 2021-22 even as online sales continue to increase in absolute terms. By contrast, the Covid-19 pandemic spurred explosive growth, with the share of digital sales in total revenue surging three to four times in 2020-21 and 2021-22.
Top Gainers & Losers on June 11: Aegis Logistics, DOMS Industries, Tejas Networks, Vodafone Idea among top gainers
The Indian stock market struggled on June 11, with Nifty 50 down 0.24% and Sensex down 0.15%, as tensions in the Middle East escalated after US attacks on Iran, affecting investor sentiment and causing broader market losses.
JSW Energy Ltd slips for fifth straight session
JSW Energy Ltd is quoting at Rs 549.65, down 1.96% on the day as on 13:19 IST on the NSE. The stock jumped 6.36% in last one year as compared to a 6.57% slide in NIFTY and a 7.54% spurt in the Nifty Energy index.
JSW Steel Ltd spurts 1.12%
JSW Steel Ltd is quoting at Rs 1284, up 1.12% on the day as on 12:49 IST on the NSE. The stock is up 28.96% in last one year as compared to a 6.49% drop in NIFTY and a 36.57% drop in the Nifty Metal index.
Aegis Logistics Ltd soars 13.83%, Gains for third straight session
Aegis Logistics Ltd is quoting at Rs 911.8, up 13.83% on the day as on 12:49 IST on the NSE. The stock is up 13.66% in last one year as compared to a 6.49% gain in NIFTY and a 7.8% gain in the Nifty Energy index.
Pimco Warns a Wave of Defaults Is Coming for Low-Quality Borrowers
Pimco said one effect of the AI boom could be lower wage pressure and higher productivity, which it described as "a powerful disinflationary force, but geopolitical shocks and supply chain reconfiguration will likely put upward pressure on prices."
Market wrap: Sensex falls 151 points, Nifty closes below 23,200; Infosys, Adani Ports among top losers - The Economic Times
Market wrap: Sensex falls 151 points, Nifty closes below 23,200; Infosys, Adani Ports among top losersThe Economic Times
Kospi tanks 9% in just two sessions! What’s causing bloodbath in 2026’s top market?
South Korea’s KOSPI has plunged 9% in two sessions after a strong 2026 rally, as AI-driven semiconductor stocks face profit booking. Rising U.S. inflation, geopolitical tensions in West Asia and leveraged ETF volatility have intensified the sell-off, raising concerns that the AI-led rally may have outpaced fundamentals.
INR pares initial losses and settles largely unchanged
The Indian rupee was largely flat and settled almost unchanged at Rs 95.43 per dollar, down just 2 paise on Wednesday, amid likely intervention from the Reserve Bank of India (RBI) to curb excessive volatility and prevent a further slide in the domestic unit. Rupee pared its initial losses as crude oil prices and the US dollar index retreated from their elevated levels. Indian shares gave up early gains to end little changed on Wednesday as investors weighed rising U.S.-Iran tensions and awaited key U.S. inflation data later in the day for fresh insights into market expectations for future interest rates in the face of rising energy-driven inflation risks. The BSE Sensex ended the day at 73,983.18, up by 64.42 points (0.09%), while the NSE Nifty 50 settled at 23,214.95, slipping by 27.15 points (-0.12%).
Microfinance market reports a small rise in early stage delinquency
Microfinance loan defaults in the early stages increased in April. However, loans facing later stage defaults showed improvement. The overall portfolio at risk for 1-180 days saw a slight decrease. The total microfinance loan amount remained stable. The number of active loans also saw a marginal decline.
NLC India drops 3% even as gov OFS draws robust institutional demand; retail window opens today
NLC India shares fell sharply on Wednesday even as the government's Offer for Sale (OFS) attracted strong demand from institutional investors, with bids worth Rs 4,158 crore on day one. The Centre has exercised the oversubscription option, taking the total stake sale size to Rs 1,263 crore.