ensex Today, Nifty 50 | Stock Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 11th June 2026
Rising crude oil prices and concerns over prolonged higher interest rates in the US weighed on risk assets, pushing both frontline and broader market indices into the red.
Market concerns intensified after the US military conducted self-defence strikes against multiple Iranian targets, prompting Iran to officially close the Strait of Hormuz. While the US military stated that commercial vessels continued to move through the strategic waterway, the development heightened fears of potential supply disruptions.
Sectoral performance remained largely negative, with Nifty IT falling more than 2 per cent and emerging as the biggest laggard. Major technology stocks including HCL Technologies, Infosys and Tech Mahindra were among the top drags on the Nifty 50.
On the other hand, media, pharmaceutical and healthcare stocks displayed relative resilience despite the broader market weakness.
Among Nifty 50 constituents, ONGC, ICICI Bank, Power Grid Corporation and Bharti Airtel were the leading gainers in early trade.
Within the midcap space, MCX, Vodafone Idea, Laurus Labs, Aurobindo Pharma and IRCTC posted modest gains. However, Oracle Financial Services Software, Persistent Systems, Coforge and Tata Elxsi declined between 2 per cent and 4 per cent.
In the smallcap segment, Aegis Logistics, GE Shipping, Dr Lal PathLabs and Welspun Corp gained 1-3 per cent, while Afcons Infrastructure, Zensar Technologies, HBL Engineering and Aditya Birla Real Estate fell 2-3 per cent.
Market breadth remained firmly negative. Of the 2,703 stocks traded on the National Stock Exchange at the time of writing, 882 advanced, 1,726 declined and 95 remained unchanged.
A total of 19 stocks touched their 52-week highs, while 38 stocks hit fresh 52-week lows. Additionally, 34 stocks were locked in their upper circuits, whereas 40 stocks hit their lower circuit limits.
- June 11, 2026 10:11
Stock market
Stock Market Live Updates: Hindalco shares in focus as Novelis restarts hot mill at New York facility
Hindalco shares in focus as Novelis restarts hot mill at New York facility
Hindalco Industries shares will remain in focus after its subsidiary Novelis Inc. restarted operations at the hot mill of its Oswego, New York facility, which was earlier impacted by a fire incident.
- June 11, 2026 10:01
Stock market
IT drags D-Street lower as investors turn cautious on West Asia tensions, US inflation data, oil spike
IT drags D-Street lower as investors turn cautious on Middle East tensions, US inflation data, oil spike
Equity markets decline as investors react to West Asia tensions, rising US inflation, and surging oil prices.
- June 11, 2026 10:01
Companies
LG Electronics aims to double combined revenue in India, Brazil, Saudi Arabia by 2030
LG Electronics aims to double combined revenue in India, Brazil, Saudi Arabia by 2030
LG Electronics aims to double revenue in India, Brazil, and Saudi Arabia by 2030, focusing on AI-driven growth and resilience.
- June 11, 2026 09:43
Commodities
Crude oil futures gain after additional US strikes on Iran
Crude oil futures gain after additional US strikes on Iran
Crude oil futures rise amidst escalating US strikes on Iran, signaling market volatility and potential supply constraints.
- June 11, 2026 09:42
Automakers move to cut prices on British-built luxury cars ahead of India-UK FTA implementation
Automakers move to cut prices on British-built luxury cars ahead of India-UK FTA implementation
Luxury automakers are slashing prices on British-built cars in anticipation of the India-UK FTA, with savings up to ₹3.32 crore.
- June 11, 2026 09:31
Commodities
Crude oil futures rise after US strikes on Iran
Crude oil futures traded higher on Thursday morning after US forces launched additional strikes on multiple targets in Iran. At 9:27 a.m. on Thursday, August Brent oil futures were at $94.75, up 1.77 per cent, and July crude oil futures on WTI (West Texas Intermediate) were at $91.83, up 2 per cent. June crude oil futures were trading at ₹8,778 on the Multi Commodity Exchange (MCX) during the initial hour of trading on Thursday against the previous close of ₹8,726, up 0.60 per cent, while July futures were trading at ₹8,635 against the previous close of ₹8,587, up 0.56 per cent.
- June 11, 2026 09:25
Stock market
Stock Market Live Updates: Sensex and Nifty open lower
The Sensex traded 456.47 points or 0.62 per cent lower at 73,526.71 at 9:17 a.m. after opening at 73,615.99 from the previous close of 73,983.18, while the Nifty 50 fell 127.55 points or 0.55 per cent to 23,087.40.
- June 11, 2026 09:19
Gold silver
Gold whipsaws in choppy trading as US completes new Iran strikes
Gold whipsaws in choppy trading as US completes new Iran strikes
Gold prices fluctuate as US strikes on Iran escalate tensions, impacting global markets and inflation amid volatile trading conditions.
- June 11, 2026 09:18
Companies
Time Technoplast executes share purchase agreement with Systoverse
Time Technoplast has executed a Share Purchase Agreement (SPA) with Systoverse Private Ltd (SPL), a company incorporated in Maharashtra, India, to record the terms of the investment, including the terms on which the company shall acquire equity shares equivalent to 76 per cent of the total paid-up share capital of Systoverse Private Ltd on a net asset basis. The remaining 24 per cent stake will continue to be held by the existing shareholders of SPL.
- June 11, 2026 09:18
Industry update
Novelis Inc.announced the hot mill at its Oswego, New York, facility is back online.
- June 11, 2026 09:18
Industry update
Adani Airport City completes acquisition of Portus Ventures
Adani Airport City Ltd (AACL), a wholly owned step-down subsidiary of Adani Enterprises, has completed the acquisition of 100 per cent of the equity share capital of Portus Ventures Private Ltd (PVPL).
- June 11, 2026 09:15
Companies
Doms Industries signs asset purchase agreement for Reynolds brand
Doms Industries has entered into an Asset Purchase Agreement (APA) dated June 10, 2026 with Reynolds Pens India Private Ltd (RPI), Sanford, L.P. (SLP), Luxembourg Brands S.à r.l. (LBS), Newell Europe S.à r.l. (NES), NWL Valence Services S.A.S. (NWL) and NWL Switzerland S.à r.l. (NSL) (collectively, the Sellers), for the acquisition of certain assets, relevant contracts, employees and intellectual property and associated identified liabilities relating to the manufacture and sale of pens, markers, highlighters and school supplies under the Reynolds brand. The proposed transaction involves the purchase of the following assets and associated identified liabilities from the Sellers as an itemised asset transfer: (i) plant, machinery and molds, contracts and social media accounts from RPI; (ii) copyrights, trademarks and domain names from LBS; and (iii) patents/designs from SLP. The aggregate consideration for the transaction is $3,700,000, excluding the inventory value.
- June 11, 2026 09:14
Companies
Biocon acquired equity stake in Ampin C&I Power Twelve Private Limited (AMPIN), a Special Purpose Vehicle formed for generation and supply of solar power.
- June 11, 2026 09:14
Companies
L&T Technology Services, Databricks Partner to Deliver Industrial AI at Scale for Asset-Intensive Industries
- June 11, 2026 09:14
Stock market
Quote: Pre market analysis by Gaurav Udani
“Nifty is expected to open lower around 23,050, down nearly 150 points, indicating a cautious start amid mixed global cues.
The index is now trading near a crucial support zone, making today’s session important from a technical standpoint. 23,000–23,100 remains a key support range, and a sustained break below this zone could trigger further selling pressure and weaken the short-term structure.
On the upside, 23,400–23,500 continues to act as the immediate resistance zone. Any recovery towards these levels may face selling pressure unless backed by strong buying interest.
The market remains largely driven by global developments and news flow, which could keep volatility elevated throughout the session.
Traders should remain cautious and avoid aggressive positions at the open. A level-based approach remains advisable, with close attention on how the index behaves around the crucial 23,000 support zone.”
- June 11, 2026 09:13
Stock Market Live: Updates from Kotak Securities Research
IT Services sector faces heightened AI disruption risks
IT Services (Sector View: Neutral) - Claude Fable 5 increases AI disruption risks for IT services. Anthropic has released the Claude Fable 5 model, a better version of the Mythos Preview model announced in April, but with new safeguards to prevent misuse. The new model shows a significant step up in software engineering tasks, which is not a surprise. It does not seem to exhibit a similar capability improvement in other domains. The stronger improvement in software tasks and in agentic software development capability increases revenue deflation risks for IT services firms in the near to medium term, particularly for firms with large exposure to application services. Still, a few factors can constrain widespread enterprise adoption of Claude Fable 5. How enterprises utilise frontier models, given the higher focus on controlling token costs, will be key to watch.
Government reverses royalty rate benefit on oil blocks
Oil, Gas & Consumable Fuels (Sector View: Neutral) - Royalty benefits partly reversed. In a surprise move, the government has reversed the royalty rate benefit given on oil production from nominated and pre-NELP on-land blocks. The effective rate is back at 16.67 per cent (versus 12.5 per cent announced in May), retroactively from May 11, 2026. However, the benefit of standardised ad valorem deductions of 20 per cent/15 per cent for nominated/other blocks for crude/gas remains in place. The royalty reversal will lead to incremental revenue of ₹23-25 billion to the government. We estimate a negative impact of 1.0-1.5 per cent for ONGC, and a higher 5-6 per cent on OINL. While such policy flip-flops are disappointing, we remain confident that fiscal stability and economic equilibrium provided in the amended ORDA Act and PNG rules are here to stay. ONGC remains our preferred pick.
- June 11, 2026 09:12
Global bits
USA – Stock markets fell, oil prices rose due to Iran tensions; investors watching inflation data and Fed rate outlook.
India – Foreign investors are pulling money out, but long-term growth outlook remains strong. SEBI plans stricter executive pay disclosures.
Indonesia – Fuel prices increased by 32%; central bank raised rates to support the weak currency.
China – Factory inflation hit a near 4-year high due to higher energy costs; car demand remains weak.
Japan – Inflation is rising faster, increasing chances of more interest rate hikes.
Eurozone – Higher energy prices are pushing up inflation; ECB may raise rates again.
Germany – Rising energy costs could push the economy toward recession.
UK – Housing market remains weak, but stock market is supported by energy companies.
Czech Republic – Central bank is undecided on whether to raise interest rates.
Mexico – Financial system remains stable, but geopolitical risks are increasing.
South Korea – Retail investors are reaching borrowing limits, showing high market leverage.
Thailand – Farmers face growing debt problems due to drought and weak incomes.
Source: Reuters
- June 11, 2026 09:06
Stock market
Stock Market Live Updates: Wipro Ltd (WIPRO)_Buyback of shares _Starts today
Buyback Price : Rs 250.00/-
CMP : Rs 178.64/-
Buyback Size (in Rs) : 15,000.00 Crore
Buyback Size (in Shares) : 60 crore equity shares(representing 5.70% of total paid up Equity Share Capital)
Tender Route
Retail Quota: 9 crore equity shares
Last cum date: Thursday, June 04, 2026
Record date: Friday, June 05, 2026
Schedule announced
Buyback Opening Date: Thursday June 11, 2026 (Today)
Buyback Closing Date: Wednesday June 17, 2026
Settlement Date: Wednesday June 24, 2026
- June 11, 2026 09:05
Companies
Vodafone Idea revives mobile network from Aarey JVLR to Acharya Atre Chowk on Mumbai Metro’s Aqua Line
Vodafone Idea revives mobile network from Aarey JVLR to Acharya Atre Chowk on Mumbai Metro’s Aqua Line
Vodafone Idea restores mobile network across 16 Mumbai Metro Aqua Line 3 stations, enhancing connectivity for commuters.
- June 11, 2026 08:45
Oil surges as fresh US strikes on Iran threaten fragile truce
Oil surges as fresh US strikes on Iran threaten fragile truce
Renewed hostilities threaten to extend the near-total closure of the Strait, which has choked off supplies of crude, fuels and natural gas since the start of the war in late February
- June 11, 2026 08:44
Another sell-off for AI stocks knocks Wall Street back to where it was 5 weeks ago
Another sell-off for AI stocks knocks Wall Street back to where it was 5 weeks ago
S&P 500 drops 1.6 per cent while Brent crude rises on West Asia tensions and hotter inflation data
- June 11, 2026 08:44
Dollar shaky as investors weigh rate outlook, Middle East worries
Dollar shaky as investors weigh rate outlook, Middle East worries
Brent crude rises over 2% to $95.40 a barrel amid West Asia escalation and hotter US inflation data
- June 11, 2026 08:44
Shares across the world retreat as techs extend losses, US strikes on Iran lift oil
Shares across the world retreat as techs extend losses, US strikes on Iran lift oil
MSCI Asia-Pacific index down 0.9 per cent amid West Asia tensions and hotter US inflation data
- June 11, 2026 08:43
Government waives excise duty on petrol with higher ethanol
Government waives excise duty on petrol with higher ethanol
India waives excise duty on petrol blended with 22%-30% ethanol to promote sustainable fuel use.
- June 11, 2026 08:07
Stock market
Indian stocks may tumble further on global sell off
Indian stocks may tumble further on global sell off
GIFT Nifty signals 200-point gap down for Nifty amid US strikes on Iran and West Asia tensions
- June 11, 2026 08:06
Companies
Pine Labs acquires 100% stake in Shopflo Technologies
Pine Labs has acquired a 100 per cent stake in Shopflo Technologies (Shopflo) by way of purchase of shares from the existing shareholders of Shopflo, making Shopflo a unit of the company.
- June 11, 2026 08:04
India waives excise duty on higher-ethanol petrol
India has waived excise duty on petrol blended with 22–30 per cent ethanol, boosting the economics of higher ethanol adoption.
- June 11, 2026 08:03
India and China together account for nearly 40% of Global Construction Growth, Foundamental Report Finds
India and China together account for nearly 40% of global construction growth between 2020 and 2030 according to the latest State of the Project Economy 2026 report from Foundamental, a Berlin-based venture capital firm specialising in architecture, engineering and construction technology that invests worldwide. According to the report, global capital expenditure is becoming increasingly concentrated in five countries: India, China, the United States, Germany and France.
. “India accounts for the second-largest share of global construction growth by volume between 2020 and 2030, at 14.1%, behind only China at 26.1% and ahead of the United States at 11.1%,” said Shubhankar Bhattacharya, Co-Founder & General Partner at Foundamental.
Construction spending hits US$15.97 trillion
Global construction spending reached US$15.97 trillion in 2024 and is projected to grow to US$19.86 trillion by 2028, a compound annual growth rate (CAGR) of 5.6%. This makes construction one of the largest sectors of the global economy.
Within that total, infrastructure is the fastest-growing major construction segment globally, expanding at a CAGR of 5.1% between 2020 and 2025. In India the pace is markedly higher: the country’s infrastructure market is forecast to grow at around 8% annually through the end of the decade, well above the global rate (source: Mordor Intelligence). The report also notes that global gross fixed capital formation has grown roughly 30-fold since 1960, with that investment becoming increasingly concentrated among a handful of major economies.
“Global construction spending has already surpassed previous forecasts and is creating new opportunities across infrastructure, industrial facilities, energy systems, transportation networks and digital infrastructure,” said Bhattacharya.
- June 11, 2026 08:03
Quote: Veteran Banker Arun Mehta Joins Edelweiss ARC as MD & CEO
Mumbai: Edelweiss Asset Reconstruction Company (EARC) has appointed veteran banker and former MD & CEO of SBI Capital Markets, Mr. Arun Mehta, as its Managing Director & Chief Executive Officer. The Reserve Bank of India has approved his appointment for a period of five years.
Mr. Mehta brings over four decades of experience across banking, financial services, and capital markets, spanning both domestic and international markets. During his long career with State Bank of India, which he joined in 1985, he held leadership positions across Corporate Banking, International Banking, Structured Finance, Loan Syndication, Equity Capital Markets, and Debt Capital Markets, including a stint in Hong Kong leading loan syndications and investments. He served as Managing Director & CEO of SBI Capital Markets (SBICAP), the investment banking arm of SBI, where he contributed meaningfully to shaping the institution’s growth agenda. He has also served as Non-Executive Chairman of SBICAP Securities Limited, SBI Ventures Limited, and SBICAP Trustee Company Limited, and has held board positions across several leading financial institutions, including Axis Trustee Services, IDBI Capital Markets & Securities, DSP Finance, and Investec Capital Services (India). A postgraduate in Economics, he is a Certified Associate of the Indian Institute of Bankers.
Mr. Mehta takes over from Ms. Mythili Balasubramanian, who served as Interim MD & CEO till September 2025, and Mr. R.K. Bansal, who, prior to that, led the company as MD & CEO for over a decade and played a significant role in building Edelweiss ARC into one of India’s leading asset reconstruction platforms.
- June 11, 2026 08:02
Industry update
Doms Industries acquires Reynolds brand assets
Doms Industries has acquired Reynolds brand assets for $3.7 million, strengthening its writing instruments portfolio.
- June 11, 2026 07:37
Stock market
Buzzing stocks: REC/PFC, Ultratech Cements, AVG Logistics, Dhruv Consultancy, PowerGrid, Neetu Yoshi, Vascon Engineers, 3i Infotech
Buzzing stocks: REC/PFC, Ultratech Cements, AVG Logistics, Dhruv Consultancy, PowerGrid, Neetu Yoshi, Vascon Engineers, 3i Infotech
REC-PFC merger gets presidential nod while UltraTech, 3i Infotech and others announce key deals worth hundreds of crores
- June 11, 2026 07:36
Stock Market Live Updates: India Daybook – Stocks in News
Vascon Engineers: Company has secured ₹347.43 crore RBI Quarters redevelopment project in Guwahati. (Positive)
TCPL: Company eyes 20%+ ebitda margin; growth to be driven by volumes and selective price hikes: Chandrasekaran. (Positive)
BCPL Railway Infrastructure: Company bags Rs. 13.1 crore south east central railway electrification project in Bilaspur division. (Positive)
Krystal Integrated Services: Company bags order worth Rs. 24.38 cr from the Office of Resident Commissioner, Maharashtra Sadan, New Delhi. (Positive)
Dhruv Consultancy: Company bags order worth Rs. 19.34 CR from South East Central Railway (Positive)
Vantage Knowledge Academy Ltd.: Company has entered into a Memorandum of Understanding (MOU) with Kala Institute of Management Studies and Research (KIMSR), Mumbai.. (Positive)
Univastu India Ltd: Company has secured a significant project through a joint venture where it holds a 49% stake. (Positive)
Bharti Hexacom: Company gets relief as Bombay high court sets aside Rs 473.7 crore spectrum charge demand. (Positive)
RMC Switchgears: Company outlines FY27–FY29 growth strategy; bets on EPC, electrical products and pulsebox expansion. (Positive)
Alfa Transformers Limited: Company has been awarded a significant Letter of Award (LOA) from Madhya Gujarat Vij Company Ltd for the supply of various ratings of 11 KV transformers. (Positive)
3i Infotech: Purchase Order received from Hindustan Petroleum Corporation Limited (HPCL) worth ₹37.05 crores (exclusive of applicable tax). (Positive)\u0009
Deccan Gold Mines: Company enters definitive agreement for Logrosan Tungsten Project in Spain. (Positive)
Power Companies: May 2026 power demand rose 11% YoY (Positive)
Textime stocks: Government approves 96 Companies under round-III of Textile PLI Scheme (Positive)
PPAP Automotive: Partnership with Hutchison, a global leader in automotive sealing solutions. (Positive)
JTL Industries: Company has secured Rs. 26.7 Crore Order for GI Pipes in Himachal Pradesh (Positive)
Sobhagya Mercantile: Company bags Rs. 260.53 Cr Lift Irrigation Project in Maharashtra (Positive)
CMR Green Technologies: Goldman Sachs India Equity Portfolio bought 19.41 lk shares at price Rs. 256.64 per share. (Positive)
NCC: Sirisha Projects Promoter acquired 3.46 lk shares (Positive)
Aluminum stocks: Government Extends Anti-Dumping Duty on Aluminium Foil up to Dec 15, 2026 (Positive)
Hindalco Industries: Subsidiary Novelis successfully restarts the Oswego Hot Mill. (Positive)
Izmo: Company introduces India’s first integrated silicon photonics packaging line to address fragmented workflows. (Positive)
PNB: Bank raises FCNR(B) deposit rates to 6.10%, expects USD 2.5 billion mobilisation (Neutral)
\u0009\u0009
SBIN: Bank offers up to 6% interest on FCNR (USD) deposits (Neutral)
Karur Vysya Bank: Bank raises 3-5 year FCNR(B) deposit rates by 437 bps to 7%. (Neutral)
IndiGrid Infrastructure Trust: Company announces the merger of its Special Purpose Vehicles (SPVs) - Globus Steel, IndiGrid Solar-I (AP), & IndiGrid Solar-II (AP) with Godawari Green Energy Private Limited. (Neutral)
RCOM: Company has announced that its foreign step-down subsidiary, Reliance Communications (U.K.) Limited, has been officially dissolved. (Neutral)
Cipla: Company wants new-age medicines to contribute 10% of revenue in five years (Neutral)
Sudarshan Pharma: Sudarshan Industries Inc. (Sudarshan USA) incorporated as a wholly-owned subsidiary on 5th June 2026 in Dover, Delaware, USA. (Neutral)
Rane Holdings’: Rane Holdings’ subsidiary enters Power Purchase Agreement with Hexa Energy for solar power procurement at its Bawal, Haryana plant. (Neutral)
Juniper Hotels: GeeCee Ventures acquired 50,000 equity shares in Juniper Hotels Ltd (JHL) at Rs. 198.27 per share. (Neutral)
Lenskart: Platinum Jasmine likely to sell 2.3% stake in company via Block Deal: CNBC. (Neutral)
REC/PFC: Government approves merger of REC with Power Fin Corp. (Neutral)
Zee Ent: Board Approves Fundraising Of Minimum ₹2,300 Cr For Strategic & Business Initiatives (Neutral)
KFin Technologies: Transitions GIFT City branch operations to subsidiary KFin Global Technologies (IFSC) Ltd. (Neutral)
IIFL Finance: Company approves allotment of $500 million fixed-rate, senior, secured notes due 2029.. (Neutral)
Biocon: Company has acquired an equity stake in Ampin C&I Power Twelve Private Limited (AMPIN), a Special Purpose Vehicle (SPV) formed for solar power generation & supply. (Neutral)
Power Grid: Board approved the upgradation of SCADA & Associated Systems at NTAMC/RTAMC for ₹485.04 Cr. (Neutral)
Time Technoplast: Company has entered into a Share Purchase Agreement (’SPA’) to acquire a 76% stake in Systoverse Private Limited. (Neutral)
Adani Ent: Adani Airport City Limited completed the 100% acquisition of Portus Ventures Private Limited. (Neutral)
IOL Chemicals: A minor fire at its Minoxidil manufacturing unit pauses operations for 8–10 days. The fire was contained with no injuries or plant damage. (Neutral)
VMart Retail: Vineet Jain resigns as Chief Operating Officer. (Neutral)
Bank of Baroda: Bank raises its 1-month, 3-month, and 6-month MCLR by 5 basis points. (Neutral)
Canara Bank: Bank will raise its 1-month and 3-month MCLR by 5 basis points effective June 12. (Neutral)
Ease My Trip: Kurjibhai Rupareliya bought 3.58 cr shares at price Rs. 8.84 per share. (Neutral)
Circuit filter change from 10% to 5%: Cemindia, Fujiyama Power. (Neutral)
Circuit filter change from 20% to 10%: Grand Oak. (Neutral)
Bharat Wire Ropes: Company receives a notice from the Maharashtra Pollution Control Board to halt activities at its manufacturing unit in Chalisgaon. (Negative)
- June 11, 2026 07:36
Companies
Biocon invests in solar power firm Ampin
Biocon has invested ₹5.47 crore in Ampin C&I Power Twelve Private Ltd to acquire 54,76,000 equity shares (or 37.77 per cent undiluted stake expected to reduce to 15.91 per cent on full dilution). Ampin is setting up a 27.12 MW (DC) solar plant in Karnataka, supporting Biocon’s decarbonisation goals and captive power requirements under the Electricity Act.
- June 11, 2026 07:36
Industry update
Sumeet Industries fixes record date for rights issue
Sumeet Industries Ltd has fixed Friday, June 12, 2026 as the record date to determine shareholder eligibility for its rights issue of 16,84,24,218 fully paid-up equity shares aggregating to ₹199.75 crore. The issue is priced at ₹11.86 a share, including a premium of ₹9.86 over the face value of ₹2. The entitlement ratio is set at 8 rights equity shares for every 25 shares held, allowing existing shareholders to maintain their stake in the polyester manufacturer. The rights issue opens on June 22, 2026, and closes on July 20, 2026.
- June 11, 2026 07:35
Industry update
Time Technoplast acquires majority stake in Systoverse
Time Technoplast has signed a Share Purchase Agreement on Wednesday to acquire a 76 per cent stake in Systoverse Private Ltd for ₹1.52 crore in cash, with a total projected investment of ₹25 crore including capex for plant upgradation and capacity expansion.
- June 11, 2026 07:35
Companies
IOL Chemicals reports minor fire at Minoxidil unit
IOL Chemicals and Pharmaceuticals Ltd informed the exchanges that a minor fire broke out at its Minoxidil manufacturing unit, prompting a temporary suspension of operations at the facility. The incident occurred at approximately 9:50 p.m. on June 9, 2026, in Unit-9B at the company’s manufacturing facility in Barnala, Punjab. While operations are expected to remain halted for 8–10 days at the Minoxidil unit, the company said other units will continue to operate normally and the overall impact is not expected to be significant.
- June 11, 2026 07:22
Companies
Zee Entertainment board approves ₹2,300 crore capital raise
The board of Zee Entertainment Enterprises has approved raising at least ₹2,300 crore through equity shares or convertible securities. The board meeting was held under Regulation 29 to evaluate and finalise proposals for capital infusion to support the company’s strategic plans.
- June 11, 2026 07:22
Companies
MedPlus Health Services subsidiary gets additional drug licence suspension
MedPlus Health Services has disclosed that its subsidiary, Optival Health Solutions Private Ltd, has received an additional suspension order for a drug licence at a store in Karnataka. This follows previous regulatory actions reported in Maharashtra, Telangana, Karnataka, Delhi, and Andhra Pradesh. The regulatory actions now span 22 separate stores across six states, each involving a suspension of the drug licence under Rule 65 of the Drugs and Cosmetics Act, 1940 and Drugs and Cosmetics Rules, 1945.
- June 11, 2026 07:21
Banking
State Bank of India hikes FCNR-B deposit rates
State Bank of India has raised its three- to five-year FCNR-B deposit rates to a range of 5.25-6.00 per cent. The five-year rate has risen by up to 295 basis points, the four- to under five-year FCNR-B rate has been hiked by up to 280 basis points, and the three- to under four-year rate is up by nearly 215 basis points.
- June 11, 2026 07:01
Technical call buy
Today's Stock Recommendation: June 10, 2026
- June 11, 2026 06:59
Iran closes Strait of Hormuz after US strikes, escalating Gulf tensions
Iran closes Strait of Hormuz after US strikes, escalating Gulf tensions
Iran’s IRGC declares Strait of Hormuz closed after US strikes, warning ships of attack as clashes intensify and global oil supply fears rise.
- June 11, 2026 06:58
US inflation climbs to 4.2% and hits 3-year high amid rising fuel costs
US inflation jumps to 4.2% as energy costs spike and households feel the squeeze
US inflation rises to 4.2% as gas prices surge, driven by global tensions. Fed faces pressure as households struggle with higher costs across the economy.
- June 11, 2026 06:58
US military launches fresh strikes on Iran as Trump warns of further escalation
US military launches fresh strikes on Iran as Trump warns of escalation
US military launches fresh strikes on Iran after President Trump warns of escalation, deepening West Asia tensions and disrupting Strait of Hormuz shipping rise
- June 11, 2026 06:52
Technical call buy
Stock to buy today: Ajanta Pharma (₹3,073) – BUY
Stock to buy today: Ajanta Pharma (₹3,073) – BUY
Buy Ajanta Pharma shares at ₹3,073; target price ₹3,350 with a bullish short-term outlook.
Published on June 11, 2026
