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He remains constructive on the BFSI space, particularly private and public sector banks, where he believes earnings visibility is stronger and valuations remain reasonable.

The JPMorgan economist warned that the bigger risk to the US economy may come from elsewhere—particularly tariff uncertainty.

Ankita Shah, VP-Research at Elara Capital, believes the newly introduced ₹3,000 annual FASTag pass for private vehicles is a positive move, which will help reduce congestion and waiting times during peak hours without hurting overall toll collections.

Kolkata-based Ellenbarrie Industrial Gases intends to repay debt amounting to ₹210 crore through net fresh issue proceeds. Further, ₹104.5 crore will be used for setting up of an air separation unit at Uluberia-II plant with a capacity of 220 TPD.

Shares of Siemens Energy India listed at ₹2,840 per share, compared to its discovery price of ₹2,478 per share.

Out of the 46 analysts that have coverage on Wipro, 21 of them have a “sell” rating on the stock, 16 of the say “hold”, while nine have a “buy” recommendation.

All six analysts that have coverage on Gravita have a “buy” rating on the stock. Motilal Oswal values Gravita India at 31 times its financial year 2027 Earnings Per Share (EPS).

Gold prices are seeing modest support from rising geopolitical tensions, but a cautious US Federal Reserve is limiting any sharp rally. Experts say the outlook hinges on Middle East developments and future rate decisions.

This marks another collaboration from Volvo Cars in India, after having picked HCLTech for end-to-end engineering services in a major deal just last week.

On Wednesday (June 18), the rupee depreciated 9 paise to close at 86.43 against the US dollar.