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Bloomberg Quint

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Image Credit: Bloomberg Quint

Stock Market Today: All You Need To Know Going Into Trade On June 17

  • The NSE Nifty 50 and BSE Sensex closed higher on Monday, with foreign portfolio investors selling stocks and domestic investors buying for the 22nd consecutive session.
  • Global markets turned cautious following former US President Donald Trump's comments on Tehran, impacting Asian markets.
  • Oil prices rose due to supply disruption fears after Trump's call for evacuation and Israel's promise of more strikes.
  • Stocks to watch include Zee Entertainment, Biocon, Vishal Mega Mart, Tata Consultancy Services, and other companies with significant corporate actions.
  • IPO offering updates on Oswal Pumps, block deals in Asian Paints and Solara Active Pharma Sciences, and insider trades were highlighted in the market activity.
  • Trading tweaks, F&O cues, and currency/bond updates were provided, giving a comprehensive overview of the market scenario.
  • The Indian rupee closed stronger against the US dollar, and the 10-year government bond yield decreased.

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