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Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine

IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy BALCO deploys AI humanoid agent for real-time training, operations and safety Om Power Transmission IPO subscribed 3.33 times on final day Broker’s call: Anand Rathi Wealth (Neutral) Broker’s call: Paytm (Outperform) Pakistan Stock Exchange plunges 5,000 points after US-Iran talks fail NSE gets MCA approval to launch National Coal Exchange of India Citius TransNet Investment Trust's ₹1,105-cr IPO to open on Apr 17 NSE gets MCA nod for coal exchange entity name Coal stock adequate for 90 days available: Union Coal Minister Kishan Reddy Rupee falls most in two weeks as oil spikes on US move to blockade Iran ports India auctions 46 critical mineral blocks, launches 7th round with 19 more: G Kishan Reddy Dalal Street midday: Sensex, Nifty down nearly 1%, Reliance, Eicher among top laggards, auto, oil Stocks weigh Iranian crude returns to India after seven years as tankers dock at key ports Sensex, Nifty pare early losses but stay in red at noon; Auto, Financials drag India's March palm oil imports fall 19% to three-month low Government bonds slump after US-Iran peace talks falter Failure of US-Iran talks set to weigh on risk assets Monday Failure of US-Iran truce talks: Rupee opens 57 paise weaker RBI criticises banks’ rupee arbitrage trades Crude oil futures rise as US moves to blockade Iranian ports Gold falls on stronger dollar, fading Fed rate-cut hopes Crude oil jumps 7% to above $100 on US’ maritime blockade on Iran Japan’s benchmark bond yield jumps to 29-year high as US-Iran talks collapse How govt policy initiatives to impact shares of EV makers, oil exporters Stock Market Highlights: Sensex ends at 76,776; Nifty 50 down 226 pts (0.94%) at 23,823 Draft CAFE-3 Norms: Govt eases penalties, focuses on carbon credit trading for auto sector Brokers’ ISF explores unified documentation framework to ease compliance burden K-shaped trend emerges in jewellery as premium demand stays resilient Retail investors give recent IPOs a miss due to lack of bumper listing gains Inconclusive US-Iran talks, oil prices, inflation data to dictate investors' sentiment: Analysts FPIs extend sell-off in April; pull out ₹48,213 crore in 10 days After hitting rock bottom, Indian stock market is on its way to a speedy recovery, says Vallum Capital Gold vs equities: Does the yellow metal hold edge despite softening shine? The new gold rush: Why investors are moving from jewellery to digital FIIs pull ₹28,375 crore in five sessions; domestic buyers cushion fall as indices post best week in months 5paisa Capital's ₹469 crore rights issue oversubscribed 1.24 times Shriram Finance’s credit rating climbs after MUFG investment SEBI chief reaffirms open-door policy for global capital SEBI launches three new IT platforms to transform regulatory landscape India allows Iranian oil tankers to berth at Sikka port under special exemption US expected to extend waiver for Russian oil imports amid global energy price concerns Sharp fall in prices hit gold ETF inflows in March India to continue buying Russian crude oil Sun Pharma shares down 4 per cent on reports of overtures for US-based Organon Greenlight open market buybacks, but stay cautious TCS shares down 3.2% despite Q4 profit growth and deal wins SEBI uncovers ₹2,950-crore Ponzi-like network, fines Trdez ₹1 crore SIP inflows hit record high in March despite market turbulence Broker’s call: JM Financial (Buy) Inflow in equity MFs surges 56% to ₹40,450 crore in Mar amid geopolitical tensions, mkt volatility Markets snap six-week losing streak; all eyes on US-Iran talks Corporate governance must empower people, says Arundhati Bhattacharya BSE shares hit 52-week high, what is driving the surge? 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Indian govt says crops in 111 districts are most vulnerable to monsoon deficit
Prabhudatta Mishra · 2026-06-23 · via Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine
Agriculture Minister Shivraj Singh Chauhan reviewed crop sowing progress and rainfall in different parts with officials from the agriculture ministry, ICAR, the Rural Development Ministry and the India Meteorological Department

Agriculture Minister Shivraj Singh Chauhan reviewed crop sowing progress and rainfall in different parts with officials from the agriculture ministry, ICAR, the Rural Development Ministry and the India Meteorological Department | Photo Credit: x.com/ChouhanShivraj

Preparing for a potential super El Nino in 2026, the Indian government has identified 111 districts highly vulnerable to crop damage due to low irrigation and high risks of rain shortages. This looming weather pattern threatens to cut agricultural output and drive up inflation.

Agriculture Minister Shivraj Singh Chouhan on Tuesday said that weak monsoon conditions were likely to persist until July 2 and cautioned that kharif crops could be impacted. He took a review of crop sowing progress and rainfall in different parts with officials from the agriculture ministry, ICAR, Rural Development Ministry and India Meteorological Department (IMD).

Around 315 districts have been identified as potentially affected by weak monsoon conditions. Out of these, there are 111 districts (including 22 in Maharashtra and 10 in Chhattisgarh) which are classified as ‘most’ vulnerable as they have an irrigation coverage of less than 25 per cent of their cultivable land, the Ministry said in a statement.

Contingency plans

“Another 76 districts fall under the medium-priority category with irrigation coverage between 25 and 50 per cent, while 128 districts have been classified as low priority owing to relatively better irrigation facilities through dams and other sources,” it said. The Ministry has drawn up state-wise contingency plans recommending alternative crops suited to deficient rainfall conditions.

Madhya Pradesh, Maharashtra, Tamil Nadu, Gujarat, Uttar Pradesh, Rajasthan, Karnataka, Bihar, Jharkhand, Telangana, Andhra Pradesh and Odisha have been directed to promote pulses, oilseeds and coarse cereals that require less water, and to encourage short-duration and climate-resilient seed varieties rather than dependence on a single crop.

“There is a gap in rainfall. We need to suggest to farmers to go for alternative crops. We will not let farm fields remain empty,” Chouhan said, adding availability of seeds and fertilisers is adequate for the kharif season. The ministry has set up an El Nino Monitoring Cell, while its Crop Weather Watch Group is also tracking real-time information and issuing advisories regularly.

‘Plant alternative crops’

The Indian Council of Agricultural Research (ICAR) has prepared comprehensive guidelines for the States to work with farmers at different stages of the monsoon season based on rainfall deficit and sowing pattern.

“When monsoon onset is delayed by one to two weeks, farmers need to continue with normal crops using short-duration varieties. Suitable technologies like seed treatment, increased seed rate, closer spacing and ridge-and-furrow planting techniques should be encouraged,” said a senior ICAR scientist. If delays extend to 2-4 weeks, drought-tolerant crop alternatives such as millets, green gram (moong), black gram (urad), cowpea (huar), and sesame should be planted, he said.

“In cases where monsoon delay exceeds four weeks, emphasis should shift towards cultivation of millets, pulses, and fodder crops,” he said.

On possibilities of mid-season drought (when crops are established but rainfall suddenly ceases), ICAR has advised KVKs to promote moisture conservation practices such as inter-cultivation, mulching, earthing-up, and dust mulching, foliar sprays of nutrients, which help alleviate moisture stress. Wherever possible, life-saving irrigation should be provided using farm ponds and community reservoirs.

Normal rain in 6 States

Meanwhile, the all-India seasonal rainfall deficit between June 1 and June 23 was recorded at 42 per cent as against 43 per cent as on June 22. Currently, the east and north-east meteorological subdivision has a 40 per cent deficit, the north west 19 per cent below normal, central India 64 per cent less rainfall and the southern peninsula 26 per cent lower than normal.

There are 6 States and 4 Union Territories which have received either normal or more rainfall, whereas as many as 22 states and 4 union territories have received below normal rain during June 1-23, IMD data show.

Published on June 23, 2026