US stocks rise at open as oil prices ease; tech shares lead gains
US stocks rise as AI and tech shares gain, oil falls on Israel Iran pause and Trump peace hopes, Apple slips after AI updates, Asia markets rally led by KOSPI and Samsung
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Quality Power to buy insulator maker Winwin in ₹315 crore deal
Winwin Speciality Insulators manufactures high-voltage ceramic and polymeric insulators from its facility at the Atchutapuram Special Economic Zone near Visakhapatnam, Andhra Pradesh.
Stocks to Watch for June 10: Bharti Airtel, Indigo, Ajanta Pharma, OMC stocks and more
Bharti Airtel gains relief after the Bombay High Court quashed OTSC demands, while IndiGo remains in focus following a 10% hike in aviation turbine fuel prices. Ajanta Pharma sees a promoter stake sale via a block deal, the government expands…
Oil prices slide below $91 as Israel-Iran truce eases supply fears
Brent crude falls below $91 as Israel-Iran tensions ease, weak China demand and rising US crude exports shift focus from supply risks despite modest OPEC+ output increase
Dixon teams up with Taiwanese firm to make telecom and data centre equipment in India
Dixon Technologies (India) Ltd has entered into a binding term sheet with Taiwan-based Gemtek Technology Co., Ltd. to form a joint venture for manufacturing optical transceivers, BOSA modules and other telecom products in India.
Bharti Airtel, Vodafone Idea get ₹10,500 crore-plus relief after Bombay HC verdict
Bharti Airtel and Vodafone Idea have quantified the financial impact of the Bombay High Court’s ruling on one-time spectrum charges, with the order setting aside demands worth over ₹10,500 crore and directing the return of bank guarantees.
NLC India OFS: Government exercises greenshoe option
The total offer size has now increased to 3% of equity capital from 2%; retail investors will get 10% of the expanded issue on June 10. NLC India shares settled 2.13% lower at ₹328.60 on the NSE on June 9,…
Nifty Outlook for June 10: Two things that need to fall in place for the index to breakout
For Wednesday’s midweek session, Tuesday’s high of 23,279 will become the first level to cross for the bulls before an attempt is made to sustain above 23,300 levels. At this juncture, with the underperformance of IT, HDFC Bank and the…
Capitalmind AMC prefers pharma over banks, sees pressure on consumption sectors
Anoop Vijaykumar, Head of Equities at Capitalmind AMC, says pharma remains one of the most attractive sectors due to healthy earnings growth, reasonable valuations and opportunities in CDMO and generic drug companies. While recent RBI measures could support banks, he…
Closing Bell | Banks power market rebound as Nifty snaps two-day losing streak
Indian equities snapped a two-session losing streak on Tuesday, with banking stocks leading the recovery after fresh RBI measures to attract foreign currency inflows. Strong participation across broader markets also helped benchmarks finish near the day’s highs.