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AI credit markets are at risk of a ‘violent’ correction and investors must stay clear-eyed to do well, Man Group says

Foreign investors remained net buyers for a second time in three sessions, while DIIs infused ₹1,561 crore, helping benchmark indices extend gains for a fourth consecutive trading day.

Shares of Railtel Corporation of India Ltd ended at ₹323.90, up by ₹1.95, or 0.61%, on the BSE.

Lupin has launched Azilsartan Medoxomil tablets in the US after securing FDA approval, becoming the exclusive first-to-file generic applicant and gaining 180 days of market exclusivity for the hypertension treatment.

Shares of Bosch Home Comfort India Ltd ended at ₹1,284.70, down by ₹65.30, or 4.84%, on the BSE.

Apollo Hospitals resolved a FEMA violation case with a ₹17.8 crore settlement after RBI issued a compounding order, resulting in the closure of adjudication proceedings against the company and its directors.

General Insurance Corporation of India (GIC Re) has appointed Hitesh Rameshchandra Joshi as Chairman-cum-Managing Director (CMD), effective June 16. He had been serving as interim CMD since October 2025 following the completion of the previous incumbent’s tenure.

According to Vinod Karki, Head-Strategy at ICICI Securities, the combination of steady government investment and rising participation from new-age sectors could help sustain India’s capex cycle even as traditional infrastructure spending growth slows.

Shares of HCL Technologies Ltd ended at ₹1,166.45, up by ₹7.10, or 0.61%, on the BSE.

US Fed meeting today is expected to keep interest rates unchanged, with all eyes on Chair Kevin Warsh’s first press conference for signals on inflation and future policy direction.